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EDF options

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Comments

  • AndyPK
    AndyPK Posts: 4,404 Forumite
    Part of the Furniture 1,000 Posts
    I assume your fix is at good rates.

    Work out how much more it would cost between now and when the tarrif ends. It’s anyways at interesting figure to see what your loosing for the sake of security.
  • Paddy99 wrote: »
    Hi guys,

    I'm just looking into options for my EDF fix considering the risk that prices may rise next month. I'm actually in a fix until Nov 20 but no exit fee so contemplating jumping to something new.

    At the moment my options appear to be

    Easy Online Apr 20 - Saving £30/year - £60 exit fee
    Blue Price Protection Apr 20 - Saving £11/year - £0 exit fee
    Blue Price Freeze May 21 - Saving £5/year - £0 exit fee
    Energy+Heating Control May 21 - Extra £14/year - £200 exit fee (free heatsmart and Echo dot)

    I'm thinking it's pointless going for the Apr 20 ones because although a saving, it's minimal and would end 6 months earlier than current product. I'm tempted by the Energy+Heating one as the £14/year extra is hardly anything and get the free Heatsmart. Also if prices do go up as I'm sure they will by November 20, I'm already protected for another year.

    What's the thoughts of you gurus please?
    If I plug my own gas and leccy usage figures into any comparison price site the annual cost of those EDF tariffs you quoted makes me wince.
    There are much cheaper fixed tariff deals out there, especially from the ‘minnow’ energy suppliers.

    I’m presently with Yorkshire Energy (I was one of their very first customers) and previously with Avro Energy (both minnow suppliers!) and I’ve had no problems whatsoever. I was previously with Scottish Power and Br.Gas (both Big6!) and I had no end of issues.

    A switch could save you many £££’s!...and switching is very easy. :money:
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