Npower joins rivals to cut customers' energy bills

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The firm's two million residential gas customers will pay on average £50 less from 26 March.

Npower is also doubling 12-month anniversary discount available to electricity customers who pay by direct debit, equivalent to 4.8% off their electricity bill.

Today's announcement will reduce tariffs by 6.7% on average for npower's single fuel gas customers who pay quarterly on receipt of their bill. Dual fuel customers will benefit from a 7.1% cut on average, including the changes to the monthly direct debit discounts.

The group has 100,000 out of two million gas customers on monthly direct debit payment plans, which allows households to pay a flat rate every month throughout the year - reviewed every six months to check cost against usage.

Consumer Focus said that, for those who pay by monthly direct debit, npower would be the second cheapest of the "big six" for gas, behind E.ON, but is still the third most expensive for electricity.

British Gas, E.ON and Scottish & Southern Energy have also reduced prices in recent weeks in response to sharply lower wholesale energy costs.