EDF Price Saver 2008 to Price Saver 2009

Raymondo2

My EDF Price Saver 2008 scheme runs from April 2007 to end Sep 2008 so it's due to expire shortly. Before I applied for the follow-on EDF Price Protection 2009 scheme now on offer which lasts until Oct 2009, I tried MSE's link to Energyhelpline to see the increase in EDF's prices.

Wow! for my dual fuel it calculated a 55% increase in combined costs.

I thought there must be an error so I created a spreadsheet, inserted my last year's gas and electricity usage and compared the old and new tariffs excluding VAT. Sure enough the 55% cost increase was correct. The gas rises by 60% and the electricity by 44%. In terms of hard cash this is another £277 for gas and £139 for electricity. My wife and I are the only occupiers in our bugalow so what a pro rata hike represents to a family household I cannot imagine.

EDF had announced a 17% electricity and 22% rises from 25th July 2008 and this was used by the BBC. Well this was against their standard tariffs not their Price Saver tariffs! Clever eh?

The French President has asked EDF and other suppliers not to increase their domestic electricity by more than 2% and gas by more than 5%. Guess who is going to pay for this then?