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I think I read

oldwiring
oldwiring Posts: 2,452 Forumite
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that EDF prices had risen over a period- gas by approx 50% and electricity 20%.

Forgive me if figs a bit inaccyrate but I was away from home ans it was another's paper. So the relatice cheapness of gas has been a eroded a little. Do you think this will be an ongoing trend and what else do you think might lie behind the erosion?

Comments

  • nenya
    nenya Posts: 106 Forumite
    no they haven't they raised prices gas - 18% and elec 8% so I don't know what paper you were reading but it certainly wasn't that high.
  • oldwiring
    oldwiring Posts: 2,452 Forumite
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    nenya wrote:
    no they haven't they raised prices gas - 18% and elec 8% so I don't know what paper you were reading but it certainly wasn't that high.
    It was not only the latest rises but taken over a period. I'll try to locate story on web asap amd come back.
  • oldwiring
    oldwiring Posts: 2,452 Forumite
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    The rises I quoted were from August last year. See
    http://www.telegraph.co.uk/money/mai...25/cngas25.xml
  • channy
    channy Posts: 55 Forumite
    History of EDF energy price rises
    May 2003: gas prices rose by 4% and electricity prices rose by 1.5%
    March 2004: gas prices rose by 4.6% and electricity prices rose by 6.7%
    September 2004: gas prices rose by 3.5% and electricity prices by 3.8%
    January 2005: gas prices rose by 8.1% and electricity prices by 5.4% (London Eastern, Seeboard, Southern, SWALEC, SWEB regions) and 9.4% (all other regions).
    August 2005: gas prices rose by 15.5% and electricity prices by 10.7%.
    March 2006: gas prices rose by 14.7% and electricity prices by 4.7%

    Cumulative EDF energy price rises
    Since 2003:

    Gas – EDF has increased gas prices by 92%

    Electricity – EDF has increased electricity prices by 54%



    http://www.energywatch.org.uk/media/news/show_release.asp?article_id=977

    this only exists for edf which is crap
  • masonic
    masonic Posts: 24,832 Forumite
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    oldwiring wrote:
    So the relatice cheapness of gas has been a eroded a little. Do you think this will be an ongoing trend and what else do you think might lie behind the erosion?
    I have noticed this also. We've had to start importing a lot of gas and there have been problems sourcing it due to regulations in effect in Europe. Electricity has not suffered quite the same fate as we generate most of our electricity from coal. What happens in the future will really depend on how successful our government is at negotiating a good deal for us, but it's entirely possible the balance could be restored.
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