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EDF Energy price change announcements 2021

EDF Energy price change announcements 2021

EDF Energy recently announced a price rise of about 9% for standard variable tariff customers. EDF's price rise was announced in February 2021 and will come into effect on 1 April.

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EDF price rise in 2021

EDF Energy tariffs are subject to Ofgem's energy price cap, just like every other energy supplier operating in the UK. The price cap sets the maximum rate suppliers can charge for average use on standard variable or default tariffs - which are typically the most expensive type of energy plan.

Ofgem announced a price cap rise in February 2021, coming into effect from April 2021. The new maximum rate that suppliers can charge for average usage is now £1,138 per year.

In line with the price cap increase, EDF Energy announced a 9% price rise on its Standard (Variable) tariff to come into effect on 1 April 2021. This means the average customer on a standard variable tariff from EDF Energy will pay £1,138 a year - an average price rise of £96 per year.

EDF's price rise will only affect customers on the supplier's Standard (Variable) tariff. If you're on a fixed tariff from EDF Energy or any other supplier, the price you pay per unit of energy will remain fixed until the plan ends - after this it's likely you'll be automatically rolled onto a standard variable tariff if you don't shop around and switch to a better deal.

Previous changes to EDF Energy prices

In October 2020, EDF Energy reduced prices on its standard variable tariffs by 7%.

The price drop was in response to energy regulator Ofgem's price cap reduction from £1,127 to £1,042.

EDF Energy's standard variable tariff customers previously saw a 1% price drop in April 2020, also as a result of the falling price cap. Additionally, those on prepayment meters saw their bills fall to an average of £1,199, again due to Ofgem's price cap drop.

Prior to these reductions, EDF has usually raised its prices, especially over the past couple of years:

  • In August 2018, EDF raised its prices by 6%, around a £70 increase for those on standard variable tariffs
  • In June 2018, EDF raised its standard variable tariff dual fuel rates by 1.4%, which constituted a £16 rise for customers

Do I need to do anything about the EDF price rise?

All customers with a standard variable tariff plan from EDF Energy will be impacted by this change (about 40% of its current customer base). If this is you, you can shop around for a better deal and switch before the price rise comes into effect.

If you've never switched energy before, read our step-by-step energy switching guide.

Here's a list of the latest cheap energy deals you can compare and switch to with Uswitch:

Supplier Plan name Tariff type Price
E.ON Next Next Exclusive v5 Fixed for 12 months £1004 Compare now
Pure Planet 100% Green 12m Fixed Apr21 v1 Fixed for 12 months £1006 Compare now
OVO Energy Better Smart Fixed for 12 months £1006 Compare now
British Gas Evolve Energy Plus Home Protection v14 Fixed for 13 months £1011 Compare now
Avro Energy Simple and USurge12M Fixed for 12 months £1011 Compare now
Shell Energy Energy June 2022 v6 Fixed until 30 Jun 2022 £1014 Compare now
So Energy So Cedar Essential – Green Fixed for 12 months £1019 Compare now
Octopus Energy Octopus Exclusive 12M Fixed Fixed for 12 months £1033 Compare now
SSE Online Energy v11 Fixed for 12 months £1036 Compare now
ScottishPower Super Saver April 2022 B1 Fixed until 30 Apr 2022 £1053 Compare now

Based on average bill sizes for a medium energy user on a dual fuel plan paying by monthly direct debit, and averaged across all regions. This information is updated hourly with energy plans which are available to switch to through Uswitch. To appear in this table, plans must be available in at least 7 of the 14 regions.

If you are on EDF's standard plan, then you should at the very least switch to its cheapest fixed plan or look to switch to a new supplier.

If you're already on a fixed plan from EDF Energy, your rates will stay the same for the remainder of the contract. But remember that you'll automatically be rolled onto a standard variable tariff when your fixed deal ends, which could offer worse value. You can switch to a cheaper deal around 49 days before your plan ends without having to pay an exit fee.

Which energy suppliers have changed their prices in 2021?

Following the price cap review in February 2021, many energy suppliers raised their prices in line with the new cap level.

EDF Energy was the first of the big 6 energy suppliers to announce a price rise after the announcement of the new cap level.

You can read about previous price changes from the rest of the big six below:

If you’re with any of the above suppliers, you should consider switching your energy now to help you save on your energy bills.

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