EDF Energy has announced a price increase of 3.9% on gas and electricity, effective from 3 January 2014
The news follows similar announcements by British Gas, npower, ScottishPower and SSE. Each of the latter did, however, increase their prices by an average of 9.1%, significantly more than the French Energy supplier.
Latest price change
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What uSwitch say about the EDF price rise
At the time of the announcement, Tom Lyon, energy expert at uSwitch, said:
“Any winter price rise is a blow to consumers as it makes the struggle to afford to stay warm that little bit harder.
"EDF Energy is to be applauded for the stance it is taking by factoring in the potential reduction on green levies into its calculations.
“This means that customers will know upfront that they will benefit from any step the Government takes to reduce the impact of ‘hidden’ taxes on bills. More importantly it also challenges the Government to put its money where its mouth is and to make good its pledges on affordability.
"However, a price rise is still a price rise and consumers should still take steps to limit the impact on their budget. There are two steps to doing this – make sure you are paying the lowest price possible for your energy by moving to a competitive deal and use less energy by making your home more energy efficient. These are everyone’s best protection from the high cost of household energy today.”
What can I do to avoid EDF's price rises?
if you want to switch to avoid paying increased prices but are worried that your next supplier could also up their costs, it's worth looking at fixed price plans. These tariffs enable consumers to lock in gas and electricity prices for up to four winters.