EDF's 'small' rise is conditional on the Govt 'rolling back' green levy on bills

MillicentBystander

'Rolling back'? Who do they think the Govt are, Asda?

Something that doesn't seem to have been picked up on elsewhere.

http://news.sky.com/story/1167341/energy-bills-edf-confirms-3-9-percent-average-rise

Excitement about possible proper competition actually starting officially over

lstar337

So if it is conditional, what will EDF do if the government doesn't act on green levies?

Do we think they will just announce another rise later on?

There is still a chance of competition, I don't think we know what EON are doing yet.:rotfl:

MillicentBystander

lstar337 wrote: »

So if it is conditional, what will EDF do if the government doesn't act on green levies?

Do we think they will just announce another rise later on?

There is still a chance of competition, I don't think we know what EON are doing yet.:rotfl:

Contained within the article

The firm said: "The company has taken action ahead of the outcome of the Government's review of the costs of ECO and other schemes.
"If the Government makes bigger changes to the costs of its social and environmental schemes than EDF Energy has anticipated, the company pledges to pass these savings onto customers.
"However, if changes to social and environmental programmes are less than anticipated, the company may have to review its standard variable prices again."

You just couldn't make it up, could you?

lstar337

MillicentBystander wrote: »

Contained within the article.

I really must stop asking questions before reading!

chanz4

Its true what they are saying though