EDF Fixed Tarrif to May 2024

adamclover

Hi there,

I've been offered a fixed tarrif from EDF. It's more expensive than my current tarrif and wondered what others thought.

Current tarrif - £297 a month or £3,561 a year - Elec 29.64p / kWh Gas 7.517p / kWh

New fixed tarrif - £368 a month or £4,420 a year - Elec 35.47p / kWh Gas 9.962p / kWh - no change in standing charge

Also to take into account we'll not use as much energy through the summer with no heating and being away on holiday etc. Price hike would come in October

Any thoughts?

Thanks

Adam

Mstty

Personally the percentage increase is a bit on the high side for me to consider it.

BUFF

also consider early cancellation charges applicable should cheaper tariffs become available in the next 2 years.

adamclover

Thanks both. Are there any estimates about on what the price hike in October might look like?

QrizB

adamclover said:

Thanks both. Are there any estimates about on what the price hike in October might look like?

There's a (fairly short) thread here:
https://forums.moneysavingexpert.com/discussion/6358502/winter-2022-price-cap-predictions-same-for-both-electric-and-gas