Ian Peters, Managing Director of Energy at British Gas
Media playback is unsupported on your device
Video

British Gas: We want to keep prices as low as possible

British Gas is reducing electricity prices by an average of 5%, for 5.3 million customers.

Their average annual bill will come down by £24.

There has been no reduction in gas prices.

Ian Peters, managing director of energy at British Gas, said customers were benefiting from lower costs.

Go to next video: British Gas boss apologises over tariffs