MSE News: EDF to raise energy prices by a massive 10.8%

wantanswers

This (Quote) is what I was offered several days ago, I turned it down.
The savings they offered did not equate as far as I was concerned.

I can only go off what i was offered on the day and what I would have signed up for. Whether they would have changed me IF I had signed up then i'm not sure. But these Tariff offers are really getting out of hand...how can any Pensioner let alone an ordinary busy family keep up? Its a disgrace!!!!

Quote:

The price comparison against your current tariff has been calculated on the details provided by you which are outlined in Your Current Profile section below/overleaf.
The prices you see include VAT, energy charges and any relevant discounts.
To view the unit rates for your supply area, xxxx, please click on the relevant tariff name below/see the relevant tariff in the enclosed booklet. You can also view/find the full terms and conditions, including details about any termination fees and the duration of the contract.
Please note the prices shown below are only valid for today. EDF Energy may withdraw or change the prices for the tariffs outlined in this quote at any time. Therefore please check when signing up to your chosen tariff, that the prices quoted here are still valid.
PRODUCT DETAILS AND YOUR SAVINGS

Tariff Name Fuel Type Payment Method Anticipated Gas Cost (per year) Anticipated Electricity Cost (per year) Anticipated Difference Against Current Prices (per year)
Blue +Price Promise May 2014
Gas and Electricity Monthly Direct Debit
We hope that you agree that there are significant benefits to being an EDF Energy customer. Should you decide to proceed with the transfer, you can leave everything to us and we'll do all the work for you. And you energy supply will continue as normal.
If you would like sign up to one of our tariffs or have any queries, please contact one of our Advisors. If you have already signed up to a new tariff over the phone then you don't need to do anything -- you'll soon receive confirmation of this in the post.

Kind regards
EDF Energy

spot1034

It was obvious that EDF would need to increase their prices, and in fact the only surprise was that they held back as long as they did. Any offer of a fixed tariff should have been evaluated not against their prices at that time, but factoring in the imminent rise.

wantanswers

spot1034 wrote: »

It was obvious that EDF would need to increase their prices, and in fact the only surprise was that they held back as long as they did. Any offer of a fixed tariff should have been evaluated not against their prices at that time, but factoring in the imminent rise.

Think i'll have a look at Scottish & Southern spot....they seem a decent company, with a decent price structure as well!!!

wantanswers

Driving the prices up...driving them down.......changing Tariff to them....changing to those....staying where i am...oh Bu$$er i'm of for a pint, maybe i can create some wind to drive those Turbines....:)

http://www.youtube.com/watch?v=T24Van2jsZY&feature=related

Might even get the figures right....oh well!

What an interesting interview as above..:cool:

jalexa

wantanswers wrote: »

Think i'll have a look at Scottish & Southern .... they seem a decent company, with a decent price structure as well!!!

and what in your estimation constitutes a "decent price structure"?

wantanswers

jalexa wrote: »

and what in your estimation constitutes a "decent price structure"?

A decent price structure for me is one in which I know 'precisely' how much I pay for the 'volume' of electricity and gas entering my property.

At the moment I pay x amount of £pounds for that volume and it is the best deal/tariff I can achieve I believe!

Out of curiosity jalex could you give me an indication (without me having to trawl through numerous comparison sites) what is a good deal
ie
Lowest unit (kwhr) cost and then I might come back and tell you whether it would be beneficial for ME to consider and change if necessary?

As a guide I tend to be classed as Mr Average...16500 Kwhr Gas 2500 Kwhr Electric (annual)

wantanswers

Must admit this one sounds encouraging.....

http://www.thepeoplespower.co.uk/energy/is-uk-switched-on-to-collective-switching#.UI0TW8W6cqM

Any thoughts anyone?

wantanswers

Any thoughts about the following anyone?

These links should be of ineterest to those wanting cheaper energy for the people of the UK from our own supply of shale gas, a golden age of cheap energy could be upon us if the government do not reap off huge taxes to make us suffer more for their idiotic wind farms and solar subsidies:
Shale Gas Fracking & Minor Earth-tremmors?
http://www.quakes.bgs.ac.uk/earthquakes/recent_uk_events.html
and
Shale Gas & Oil – Gas in Water
Methane in water long before fracking began:
http://www.youtube.com/watch?v=e9CfUm0QeOk

jalexa

wantanswers wrote: »

A decent price structure for me is one in which I know 'precisely' how much I pay for the 'volume' of electricity and gas entering my property.

In that case all suppliers have a "decent price structure" because that is simply the result of applying a tariff to consumption as evidenced by a meter.

Out of curiosity jalex could you give me an indication (without me having to trawl through numerous comparison sites) what is a good deal

There is no need to "trawl through numerous comparison sites". All Consumer Focus accredited comaparison sites, very occasional errors accepted, should produce identical results for identical customer data. One site should be sufficient but I would always recommend that until confidence is developed try two or three. IME, theenergyshop and uSwitch are consistently low error.

The "headline cost" should be accurate for the actual kWhrs entered and the % saving (and listing position) is accurate for a wide range of consumption (very low consumption excepted) when "average" consumption of 3,300 kWhrs electric and 16,500 kWhrs gas is entered. If very low consumption is entered the results will be accurate for the consumption entered and likely a social supplier such as Ebico may be indicated.

ie
Lowest unit (kwhr) cost and then I might:( come back and tell you whether it would be beneficial for ME to consider and change if necessary?

Except for very low users with a social supplier e.g. Ebico, that strategy will not deliver lowest headline cost, so I'll pass on your rather ungenerous offer.

As a guide I tend to be classed as Mr Average...16500 Kwhr Gas 2500 Kwhr Electric (annual)

Answered above. Do your own comparison with your choice of comparison website. Consider posting the results for the mutual benefit of your fellow MSE'rs.

Up until a few days ago (long after SSE were first off the mark on this round of increases) both Edf and Scottish Power had fixed rate tariffs extending over two winters both with no early termination charges freely available (at least until the quota was exhausted) at pre-increase pricing. Truly a "no-brainer" for average users (like yourself) on either a current standard tariff or a "guaranteed discount" tariff for which notice of increase had been issued (i.e. escape any early termination charges).

Sadly such is the ostrich like mentality of far to many consumers (most of whom are moaning about the increase, the tariff was withdrawn in the face of market price increase before the quotas were exhausted.

As I've said before you can lead a horse to water but you can't make it drink. Not entirely accurate as ostriches would be more appropriate.

wantanswers

Thanks for all that Jalexa.....@60