By Daniel Hunter

EDF has announced it will cut its household gas prices by 1.3% from 11 February.

It is the last of the 'big six' energy firms to announce price cuts over the past two weeks. EDF said its cut will help more than one million people.

It added that if wholesale gas and oil prices continue to fall, more cuts for customers would be introduced "as soon as possible".

EDF's is the smallest reduction in terms of percentage. But it says it's standard prices are cheaper than all but one of its rivals.

"We continue to look for ways to bear down on costs for customers and will offer more help to the most vulnerable, for example encouraging them to switch to fixed tariffs," said EDF's chief executive, Vincent de Rivaz.

"If wholesale gas prices create costs reductions which allow further price cuts these will be passed on as soon as possible."

Energy Secretary Ed Davey praised the energy firms for their price cuts, welcoming the scrutiny the industry has been put in over the last year.

He said: "People want to see bigger savings now and energy companies need to up their game if they want their customers to stick around."

"This is exactly why we're backing the Competition and Markets Authority investigation - to ensure consumers get a fair deal."

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