EDF New tariif

bondy01

I'm probably going to go with this. My fix with EDF ended last week so I am now on the standard tariff. This is about £7/month cheaper , the cheapest from another supplier is only £2-3/month cheaper than that so seems a good deal to me with no exit/early termination fees nor price increases until October next year.

1jim

Put figures through their site and elec was £9 a year cheaper, not sure it's worth the trouble of moving to be honest although the price guarantee is pretty useful

mateus

Decided to switch onto this after my Online Saver 8 tariff ended last week.
Tried to do it online but my monthly payments would need to go from £42 to £77... rang up and tried to switch over the phone, seemed fine and no increase requested but decided to increase to £50/month. Email confirmation came a few hours later and new amount was set to be £83!

Another phone call and they have agreed to set it to £65/month, not perfect but will see how it turns out... if it doesn't end up being as cheap as others I guess I can switch without exit fees...

aallank

apparently moving to this new tarriff i will be saving £150 a year, thats also if i change to monthly direct debit, would anyone recommend me doing this?

mttylad

What about the FTJUN14 tarriff? thats fixed till July2014.

macman

aallank wrote: »

apparently moving to this new tarriff i will be saving £150 a year, thats also if i change to monthly direct debit, would anyone recommend me doing this?

£150 for 10 minutes work-where else can you earn that?
Plus any cashback available if you are not already their customer.

snowcat53

While this looks good on paper, the well documented utterly appalling customer service of edf and their not 'fit for purpose' IT system, need to be taken into account. I was somewhat surprised to hear MSE Martin on Radio 5 earlier today giving this deal 8 (or was it 8.5) out of 10. He gave the edf spokesman far too easy a ride for my taste. I am highly sceptical they can deliver on their promises.

jalexa

First posted in another thread.

Having studied the T&C's I agree there are no (apparent) exit fees. There is however a clause (15) which allows all terms (bar the fixed price) to be varied subject to proper notice, which will be no good to those who habitually seem to overlook notice. There is a lot of complicated hedging about for those who select carbon offsetting and the competitor advice only operates above £52, which is 5% for average consumption, a band less than which there will be quite a few competitors which will not be notified.

Currently it is a competitively rated tariff (for a non "deferred discount" tariff), though in Midland region there is a Scottish Power fix a couple of % points cheaper. So hardly a "stonking" money saver.

aallank

I've also just had a look and it appears there is a 'annual standing charge' so once you've paid this, if you decide to leave, you would obviously loose this money, so i suppose in a round about way, this is there way of charging you if you leave them?

Consumerist

aallank wrote: »

I've also just had a look and it appears there is a 'annual standing charge' so once you've paid this, if you decide to leave, you would obviously loose this money, so i suppose in a round about way, this is there way of charging you if you leave them?

Annual standing charges are normally charged on a pro-rata daily basis even though they are called "annual" charges.

I haven't heard of any supplier charging the full annual standing charge if you are with them for less than a year.

That's not to say that it won't be their next trick.