EDF Energy Latest Energy Supplier To Announce Increase In Prices By 3.9%

One of the UK's big six energy supplier, EDF Energy, has become the latest company to announce increases in gas and electricity tariffs.

The supplier has said its new average standard variable price from 3 January will be £1,300, a rise of £49 a year. Many of the energy company's 3.7 million residential customers are likely to be affected by the price hike.

EDF Energy has said that its price increase is 'half' that of other competitors, with Energy Secretary Ed Davey telling the BBC he welcomed the fact that one of the big six suppliers had produced a price rise closer to inflation.

"Now people will see they have [a] choice. It isn't just the smaller suppliers offering lower prices," he added.

He also warned that energy firms needed to "respond to customers' concerns" if they wanted to avoid damaging their reputation.

EDF has said it will not be passing on the rising cost of the government's green levies on to its customers, which it estimates would have added another £50 to the average annual household bill. (Source: BBC News)

Central Power offer competitive domestic energy packages in partnership with energy supplier First:Utility to help you save money, click here for more information or contact one of our friendly advisors on 01746 761321.

click here for

Latest Posts

latest news

5 Genius Ways Your Business Can Save On Energy Bills

As a business, you are always looking to do the best you can... Read more

How Has The Coronavirus Pandemic Affected Business Energy In 2021

Here we are going to look at the post-Covid fall out for... Read more

11 Questions Small Businesses Should Ask Their Next Business Energy Broker

As a small business, there are several crucial considerations to... Read more

Understanding Your Business Electricity Bill

  While it’s important to ensure you are getting... Read more