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MSE News: 1.2 million EDF Energy customers face price hikes

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Comments

  • millie
    millie Posts: 1,541 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I can't see how they can justify a cancellation charge when they are changing the contract that you signed up for. The price may be variable but I signed up to them taking all things into consideration including free nectar points. Surely if they are stopping those they are breaking the terms of the contract.
  • Personally I prefer staying with the one provider so I can properly chart my energy usage vs their charges, which isn't something you can tell by chopping and changing the whole time. Also EDF kept buying up whoever I might have wanted to switch to (London Electricity, Seeboard Energy to name just two) but now they've been sold off to this Hong Kong outfit, I might give them one last quarter before moving on.

    I considered switching, turned out Powergen's electricity was even dearer one month ago, so the grass isn't always greener. I'll have another look whenever these rises come in.
  • KimYeovil
    KimYeovil Posts: 6,156 Forumite
    1,000 Posts Combo Breaker
    Skinflynnt wrote: »
    Personally I prefer staying with the one provider so I can properly chart my energy usage vs their charges, which isn't something you can tell by chopping and changing the whole time.

    I don't understand. Why do you need to 'chart' the use vs charges?
  • Mazio_2
    Mazio_2 Posts: 347 Forumite
    edited 7 October 2010 at 8:16AM
    --I wasn't aware of EDF's ownership--

    Électricit! de France (EDF) is the world’s largest utility company with €66.34 billion in revenues in 2009, operating a diverse portfolio of 120,000+ megawatts of generation capacity in Europe

    The British companies cant make enough profits from UK so they kindly gave them to foriegn companies to make a loss from us.
    Look after the pennies and the pounds will spend themselves
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