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Edf Energy's Secret Price Drop

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Taffyfella
Taffyfella Posts: 176 Forumite
Hi all,

Martin is advising to hangout and wait to see if EDF Energy and Scottish Power drop their prices before making any rash decision on switching energy providers. However EDF Energy have effectively reduced it's rates to undercut British gas though it's not being advertised.

It's more of a product offer open to the first 350,000 customers. The deal is they are offering a reduction on core rates, works out to around a 16% reduction on the Gas and 6% on the Electricity which is capped without any premium until September 2008. Offer applies to Dual Fuel and electricity only customers, pre-payment are eligible too! Basically EDF are offering March 2006 prices which look very competitive. This is not an official price drop but this is a product offer to ensure they keep undercutting British Gas, like they have done for the last 18 months!!

This also applies to existing electricity and dual fuel customers, however you will have to phone up and ask for it.



Taffyfella ;)
Need is something you have to have

Want is something you would like to have
«1345

Comments

  • Charliecat
    Charliecat Posts: 130 Forumite
    for existing customers too?
  • Taffyfella
    Taffyfella Posts: 176 Forumite
    Charliecat wrote: »
    for existing customers too?

    This also applies to existing elec or dual fuel customers, however you will have to phone up and ask for it.

    Taff
    Need is something you have to have

    Want is something you would like to have
  • jem16
    jem16 Posts: 19,601 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Just be careful if you have an EDF Online tariff like V3.1 or 4.1. These rates will probably be dearer than what you are already on.
  • malamute
    malamute Posts: 710 Forumite
    jem16 wrote: »
    Just be careful if you have an EDF Online tariff like V3.1 or 4.1. These rates will probably be dearer than what you are already on.

    Your spot on with your assumption:think: just checked with EDF billing I'm dual fuel on tariff online v3 which equates to a lower rate than that offered on the product offer.

    Not that i disbelieve :naughty: but could anyone who takes up the offer obtain the tariff rates for both gas and electric as separate supply and also the dual fuel rate that they offer exc vat and inc vat.
  • Sand_Man_2
    Sand_Man_2 Posts: 146 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    i am a Dual Fuel customer and just phoned up for this offer

    Effective from 5th April

    Gas
    Intial Rate 3.412p (i was on 3.93)
    Then 2.18p (i was one 3.2)

    Elec
    Intial Rate 13.05p (i was on 13.87)
    Then 7.82p (i was on 8.22)

    I have seen a reduction for Gas 13% and elec 5.9%

    There are no tie in so i can switch again if the rates are not attractive in the following weeks
  • Viz_2
    Viz_2 Posts: 720 Forumite
    Brilliant - I am on the standard rate but have just been added to the April change !
    Never buy a stupid dwarf -
    Its not big and its not clever.
  • jem16 wrote: »
    Just be careful if you have an EDF Online tariff like V3.1 or 4.1. These rates will probably be dearer than what you are already on.

    Shhh I'm still on v1 believe it or not! No-one can beat the price I'm on with EDF on that tariff.
  • jem16
    jem16 Posts: 19,601 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'm on v3.1 and thought my tariff was great. Is yours even better?

    When did you join to get tariff v1?
  • abbecer
    abbecer Posts: 2,177 Forumite
    Thanks for this. Not sure what tariff we are on other than it is online. DH going to ring and check and request cheaper if possible.

    Thanks again

    Rebecca x
  • abbecer
    abbecer Posts: 2,177 Forumite
    abbecer wrote: »
    Thanks for this. Not sure what tariff we are on other than it is online. DH going to ring and check and request cheaper if possible.

    Thanks again

    Rebecca x

    Just looked at my bills and i'm on V1. Reading the posts above i'm assuming that i am better staying with what i've got.

    Thanks anyway.

    Rebecca x
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