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'When will EDF hike prices?' blog discussion

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  • wantanswers
    wantanswers Posts: 3,220 Forumite
    edited 28 January 2011 at 3:32PM
    Got a phone call yesterday from EDF asking me to switch.

    Must admit putting figures of my current supplier into a spreadsheet and comparing prices based on Equal Quarterly kWh for both Electricity and Gas. Even if there is a price hike in March they still come out favourable. However they did state the contract would not start until about 6-8 weeks time. So I guess thats the new price per unit (kWh)

    The prices offered were:

    Gas per Quarter:
    7.1p/kWh for the first 670 units.
    2.9p/kWh for the remaining.

    Electricity per Quarter:
    20p/kWh for the first 225 units.
    9.7p/kWh for the remaining.

    6% Discount per quarter and Direct Debit Payment Discount.
    No online Discount.

    Does anyone have any better prices or deal?
  • They've removed discounts for supplying your own meter readings.

    So for a low user, its quite a hike. Think its around £3 per quarter each for gas and elec.
  • wantanswers
    wantanswers Posts: 3,220 Forumite
    They've removed discounts for supplying your own meter readings.

    So for a low user, its quite a hike. Think its around £3 per quarter each for gas and elec.

    Hi, how do you define a low user?
  • glider3560
    glider3560 Posts: 4,115 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The rise WON’T hit on 1 March. Even if it hikes prices quickly, to do it on 1 March would be bad PR.
    Got that right Martin...
    BBC_News wrote:
    EDF Energy is to increase gas prices by 6.5% and electricity prices by 7.5% from 2 March, the company has said.
    Made me rofl and still just as bad PR for them.
  • michaels
    michaels Posts: 29,111 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    IIRC the 'promise' stated that they wouldn't raise prices 'until March at the earliest' so I'm with cbrpaul here (we have an advantage over most of the respondees so far as we have experienced this company's 'service'!) so...

    1/3/11

    Gas up 8.2%
    Electricity up 6.1%
    cbrpaul wrote: »
    1st march , gas 9% electric 7%
    dutch_andy wrote: »
    I Think the Announcement will be

    4th february - as suppliers are supposed to give 28 days notice to customers

    3% Increase Electric

    7% Increase Gas

    Well done you three - inside info?
    I think....
  • Hi guys.
    I am actually with EDF for my electric. We dont have mains supplied gas in the road i live in. Im not here to predict prices, but i have just written in the post 'Old fashioned money saving'. I wouldnt mind some feedback and thoughts about what i have put. Hope you save some dosh.:T
    Thanks.
    George
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