Sneaky EDF hidden 6% rise they did not announce!

berto2002

I am on the EDF April 2014 Blue + promise tariff (signed-up in 2012). To move to their next one-year fix (to Blue April 2015) the notional increase on units and standing charges is only 6%. But look at the small print and the April 2014 includes a 6% dual-fuel discount and an £8 per year direct debit discount. BOTH of these discounts have disappeared from their new fixed price tariffs (April 2015 and March 2017) making the actual increase from my tariff to the April 2015 one nearer £12%; a 'hidden' 6% increase (worth £65 per year to me).

What I can say is that having looked through this in detail now I have great confidence in selecting from the MSE Cheap Energy Club which DID spot this.

Yorkie1

I flagged this up a while ago when people were considering swapping. This is one of the reasons I decided not to transfer from the April 2014 tariff before it expires.

2Sheds

Thanks for posting that, hadn't looked on the Energy Club after signing up

I'd done a detailed spread sheet using my last years usage to compare my April 2014 price blue with the 2015 and 2017, expecting the discounts to continue :mad:

I was about to move to the 2015 one tonight which meant a 10% increase on my usage, without the discounts is a massive 18% INCREASE

Dodgy robbing *********

Yes I know, before some clever clogs says it Read the Tiny Print !!

Details price blue 2015 http://my.edfenergy.com/pdfs/1/tariff/79

brewerdave

I built a similar spreadsheet...but I had read the "small print"...so a move to the 2017 fix was going to cost me over £400pa, most of which will fall between November and March -I'm sticking with the April 2014 fix for now -more so,since I looked out this morning and saw that the car was iced up:eek:

Nada666

berto2002 wrote: »

I am on the EDF April 2014 Blue + promise tariff (signed-up in 2012). To move to their next one-year fix (to Blue April 2015) the notional increase on units and standing charges is only 6%. But look at the small print and the April 2014 includes a 6% dual-fuel discount and an £8 per year direct debit discount. BOTH of these discounts have disappeared from their new fixed price tariffs (April 2015 and March 2017) making the actual increase from my tariff to the April 2015 one nearer £12%; a 'hidden' 6% increase (worth £65 per year to me).

Not the whole story. You have to compare the quarterly paying by cash tariffs with direct debit tariffs. I somehow doubt there is not a significant difference similar to 'disappeared' discount.

Remember that Ofgem have declared that unit prices or standing charges have to be quoted with discounts already applied.

Nada666

(As far as I can see there is still a 6/7% difference in the price of April 2015 when you pay by direct debit rather than quarterly. Discounts are still there but new fixes are more expensive than older fixes - imagine that!)

molerat

For me April 15 is 15% dearer and March 17 is 26% dearer than April 14 according to the switching sites. The tariff details shown on there and on the EDF site make no mention of the discounts. We all know what happens when we assume something.

Nada666

Of course fixes available today are more expensive than fixes available fourteen months ago. They are more expensive than fixes available fourteen days ago. What are you lot talking about? There has been no increase to the standard tariff.

The bigger the difference to current prices or renewal prices the bigger the bargain you made when you chose it.

One other thing - the removal of a dual fuel discount and its replacement by a direct debit discount is to the favour of customers. You can now shop around your two fuels separately to different suppliers without being tied to limited dual fuel deals.

No idea why the OP is praising the Cheap Energy Club - they seem to have presented the information in a manner that has confused rather than explained. They should be criticising them for obfuscation not praising them.

Again, it is consumer groups and Ofgem that have asked suppliers and comparison sites to only present a limited, focused and misleading presentation of the tariffs.

macman

Doing a comp site comparison will flag up the DD and dual fuel discount withdrawal on the new EDF tariffs.
You can't assume that features of one tariff will automatically apply to another new one.