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EDF Essentials Exclusive
Comments
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nrmsmith said:Currently on std tariff paying 7.37p per unit for gas with EDF. Been offered a fix at 7.57p per unit (same SC) until Jul24. Worth a punt?
obviously depends on what will happen in Jan24 as I’m not using any gas at present.1 -
My fixed 2 yr tariff with EDF just ended, my DD has gome up from £96 to £170, they have put me on Standard Variable :
Electricity unit rate: 30.22p per kWh
Daily standing charge: 53.83p per day
Gas unit rate: 7.664p per kWh
Daily standing charge: 29.11p per day
Is it worth going onto their fixed 1 year Tariff with
EDF Energy
Essentials Exclusive Jul24
Fixed for 12 months
- £2,100 a year
- £150 dual-fuel exit fees
Fixed rate breakdown
Electricity - 30.33p unit rate
Standing charge - 53.83p
Gas - 7.860p unit rate
Standing Charge - 29.11p
To me all I can see is there is no benefit to fix , as the rates are dearer, yes EDF says my monthly paymenst will reduce to £156 a monthThanks to all who post compsITV winners membersclub#20 -
cinders59 said:My fixed 2 yr tariff with EDF just ended, my DD has gome up from £96 to £170, they have put me on Standard Variable :
Electricity unit rate: 30.22p per kWh
Daily standing charge: 53.83p per day
Gas unit rate: 7.664p per kWh
Daily standing charge: 29.11p per day
Is it worth going onto their fixed 1 year Tariff with
EDF Energy
Essentials Exclusive Jul24
Fixed for 12 months
- £2,100 a year
- £150 dual-fuel exit fees
Fixed rate breakdown
Electricity - 30.33p unit rate
Standing charge - 53.83p
Gas - 7.860p unit rate
Standing Charge - 29.11p
To me all I can see is there is no benefit to fix , as the rates are dearer, yes EDF says my monthly paymenst will reduce to £156 a month2 -
To me all I can see is there is no benefit to fix , as the rates are dearer, yes EDF says my monthly paymenst will reduce to £156 a monthPeople go for fixed deals because they offer price certainty for a given period of time. There is no guarantee that prices will remain stable this coming Winter despite what economists might say. We live in an uncertain World.3
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TheMilkmansDad said:cinders59 said:My fixed 2 yr tariff with EDF just ended, my DD has gome up from £96 to £170, they have put me on Standard Variable :
Electricity unit rate: 30.22p per kWh
Daily standing charge: 53.83p per day
Gas unit rate: 7.664p per kWh
Daily standing charge: 29.11p per day
Is it worth going onto their fixed 1 year Tariff with
EDF Energy
Essentials Exclusive Jul24
Fixed for 12 months
- £2,100 a year
- £150 dual-fuel exit fees
Fixed rate breakdown
Electricity - 30.33p unit rate
Standing charge - 53.83p
Gas - 7.860p unit rate
Standing Charge - 29.11p
To me all I can see is there is no benefit to fix , as the rates are dearer, yes EDF says my monthly paymenst will reduce to £156 a monthThanks to all who post compsITV winners membersclub#20 -
Dolor said:To me all I can see is there is no benefit to fix , as the rates are dearer, yes EDF says my monthly paymenst will reduce to £156 a monthPeople go for fixed deals because they offer price certainty for a given period of time. There is no guarantee that prices will remain stable this coming Winter despite what economists might say. We live in an uncertain World.Thanks to all who post compsITV winners membersclub#20
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cinders59 said:Dolor said:To me all I can see is there is no benefit to fix , as the rates are dearer, yes EDF says my monthly paymenst will reduce to £156 a monthPeople go for fixed deals because they offer price certainty for a given period of time. There is no guarantee that prices will remain stable this coming Winter despite what economists might say. We live in an uncertain World.
Exit fees that get charged for change of tariff unlike British Gas/Eon Next some suggestion to wait and see if cheaper fix is offered August/September ish time1 -
bristolleedsfan said:cinders59 said:Dolor said:To me all I can see is there is no benefit to fix , as the rates are dearer, yes EDF says my monthly paymenst will reduce to £156 a monthPeople go for fixed deals because they offer price certainty for a given period of time. There is no guarantee that prices will remain stable this coming Winter despite what economists might say. We live in an uncertain World.
Exit fees that get charged for change of tariff unlike British Gas/Eon Next some suggestion to wait and see if cheaper fix is offered August/September ish time
I am thinking maybe wait a month or so just to see what happensThanks to all who post compsITV winners membersclub#21 -
I have just switched from EDF Fix Total Service Jul23v3 to the Essentials Exclusive tariff. I worked out that I would pay over £900 more if I didn't switch, so even with the exit fees of £300 I will still be saving over £600 in the next year, however I was given £150 credit when I initially signed up so it's not that bad a loss. I also have the peace of mind that the costs are not much different to the current variable rate and will be fixed during the next year.
New rates:
Electricity unit rate: 29.74p per kWh
Daily standing charge: 53.96p per day
Gas unit rate: 7.619p per kWh
Daily standing charge: 29.11p per day
Previous rates:
Electricity unit rate: 41.55p per kWh
Daily standing charge: 48.13p per day
Gas unit rate: 13.059p per kWh
Daily standing charge: 27.22p per day
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bristolleedsfan said:cinders59 said:Dolor said:To me all I can see is there is no benefit to fix , as the rates are dearer, yes EDF says my monthly paymenst will reduce to £156 a monthPeople go for fixed deals because they offer price certainty for a given period of time. There is no guarantee that prices will remain stable this coming Winter despite what economists might say. We live in an uncertain World.
Exit fees that get charged for change of tariff unlike British Gas/Eon Next some suggestion to wait and see if cheaper fix is offered August/September ish time
Going for a variable tariff now gives options; however, by the time any new Ofgem cap is announced for the 1st September, suppliers will have made their own judgements on the direction that prices are going. Today's fixed tariff may be very different from one on offer in 8 week's time.1
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