28/01/2015

EDF Announce Price Cuts

EDF Energy is to cut its gas prices by 1.3%, effective from 11 February.

The reduction will decrease EDF Energy's average standard variable gas prices from £646 to £637 a year and its dual fuel prices from £1,164 to £1,155.

The cut will benefit around one million customers.

Beatrice Bigois, Managing Director of Customers at EDF Energy, said: "EDF Energy has a strong track record of acting independently in the interests of customers who have benefitted from the best standard variable prices for the majority of the last three years, in comparison to other major suppliers.

"The price cut means our standard tariffs will continue to be among the most competitive in the market. At the same time, one and a half million customers are benefitting from fixed price deals with no exit fees."

(CD/JP)

Related UK National News Stories
Click here for the latest headlines.

11 January 2012
EDF Energy Reduce Gas Prices By 5%
EDF Energy has announced it will cut its gas prices by 5% – becoming the first major supplier in 2012 to announce it will pass on falling wholesale prices to its customers. The company was the last of the major suppliers to raise its energy prices in the autumn.
26 October 2012
EDF Energy To Increase Prices By 10.8%
EDF Energy is increasing its standard variable prices for gas and electricity residential customers by 10.8% from December 7, 2012. For typical customers the company's new standard variable prices will however still be lower than those of all the major suppliers which have announced standard price rises this autumn.
12 November 2013
EDF Latest Energy Company To Announce Price Increase
EDF Energy is to impose a 3.9% increase on its gas and electricity prices, making them the latest of the big six energy companies to announce a price rise. From January 03, the company's new average standard variable price will increase by £49 to £1,300 a year. The company add that its increase is "half" that of its rivals.
21 October 2013
Go-Ahead For Somerset Nuclear Power Plant
The government have given the go-ahead for a new nuclear power station to be built in Somerset. The £16bn Hinkley Point C plant will be operated by a consortium lead by France's EDF Energy. The government said that the construction of the two reactor power plant will "help take the UK towards low-carbon power".
05 August 2011
E.ON Increase Prices
E.ON has today announced that it will increase its prices by 11.4% for electricity and 18.1% for gas, with dual fuel customers seeing a rise of 15.2%, effective from 13th September.