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Uswitch comments as EDF announces 8.4% electricity price hike

Commenting on today’s announcement from EDF that it will cut variable and prepayment gas prices this winter and increase variable electricity prices from 1st March 2017, Claire Osborne, Uswitch.com energy expert, says: “It’s good news that customers are getting some respite going into the winter months, but it’s disappointing to see EDF already committing to price rises in March that will make them the most expensive variable tariff of the big six. Increasing the price of an already high energy bill could leave almost two million EDF standard variable customers buckling under the pressure, and it’s a bitter pill to swallow even if it is after the winter months – consumers still need to keep the lights on.

“With wholesale costs rising, putting further pressure on bills, we have already seen the cheapest deal rise by £126 in the past two months, and the danger is now that the other big six suppliers will follow suit with their own price hikes in the spring. But customers concerned about the rising cost of energy don’t have to sit back and watch their energy costs soar. They should shop around and switch to a fixed deal now to protect against any future price rises.”

Find out how you could save over £1,000 a year with Uswitchhere.

FOR MORE INFORMATION

Ailene Barr

Phone: 020 3872 5610

Email: ailene.barr@uswitch.com

Twitter: @uswitchPR

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