The truth about falling gas prices
(The Guardian Money News)

For many of EDF´s five million customers they have actually gone upIn December one of the `big six` energy firms, EDF, had some good news for consumers. In a press release it said it would be `cutting gas prices again ahead of the coldest winter months, and will hold back electricity price rises until March`. It added that `electricity costs have been rising for some time, but gas prices are not facing the same pressures. The company believes it is right that prices reflect this`.The response was generally positive. The Mail said the company was `breaking ranks` with rivals on gas prices, in a move that would `put pressure on the remaining big six`. The Guardian focussed on the fact that, after March, electricity prices would jump 8.4%, but dutifully reported the gas price cut. The BBC went for a straight `EDF to cut gas bills, but raise electricity prices`. Continue reading...