EDF Energy has today announced a 10.8% price gas and electricity increase on its Standard rate product, and a range of other variable rate tariffs. The price changes come into effect from 07 December 2012.
EDF Energy was today the first of the Big 6 energy suppliers to announce its second retail price hike of 2008.
The Bad News
Effective immediately (that is, as of today) EDF Energy gas only customers will see their gas bills up by £143 a year (+22%) to £784, their electricity bills up by £65 a year to £446 (+17%) and their Dual Fuel bills up by a whopping £204 a year to £1,190 (+21%).
The Good News
It could have been a lot worse. As we said in our update of last week, even a falling oil price environment was not going to save the consumer from another energy price hike. We said…. Continue reading →