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'When will EDF hike its prices?' blog discussion

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This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.


Read Martin's "When will EDF hike its prices?" Blog.


Please click 'post reply' to discuss below.

Comments

  • JimmyTheWig
    JimmyTheWig Posts: 12,199 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I'm not saying that they won't, but it won't (or certainly shouldn't) have the same draw at this time of year when people don't use as much energy.
  • irrelevant
    irrelevant Posts: 257 Forumite
    Part of the Furniture Combo Breaker
    I've just had the BG price rise Email (three months after joining them..) and EDF is now coming up as the cheapest option for me if I switch again. (More expensive than BG were, but a lot less than they are going to be.) Of course, I don't really want to switch now just to have to do it again...
  • John_Pierpoint
    John_Pierpoint Posts: 8,401 Forumite
    Part of the Furniture 1,000 Posts
    I was with EDF's on line offering, that ended on 30th June - so I then signed up for the National Power fixed price offering.
    Only time will tell if I've done the best thing.
  • Martin should realise that EDF were very sneaky with their price rises over this period.

    For a start, they had a small "corrective" electricity price rise of 2.5% on 1 October 2010, before all the other companies announced much higher price rises - what was worse about this if I remember correctly is that it was announced retrospectively within the month after the rise.

    When they did finally raise prices more significantly on 2 March 2011, they reintroduced a standing charge for both gas and electricity, which over the summer period will probably add significantly to the price of peoples' bills, particularly low users because summer is the time you will use a lot less electricity and gas and under the old system there are some days where you might not use any at all, particularly if you are away or on holiday. Without standing charges, you would have paid nothing on these days.

    Added to their change a few years back of making the direct debit discount a percentage rather than a flat amount of cash back, low users of gas and electricity may find the once competitive EDF are no longer the cheapest option. I have now switched for the first time.

    On a less important not, they are no longer award nectar points either!
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