EDF - New SVT rates from 1st January 2024

dealyboy

I don't think the price cap tables (by region, rates type and payment method) have been published yet, but I have today seen the new SVT rates for Economy 7 customers in the Eastern region.



As you can see they are doubling the night rate.

Edit: The single rate equivalent is 28.1p per kWh based on 42% off-peak, 58% peak.

If you want to see yours, login to the dashboard and select Tariff Details from the left hand menu. The offers for fixes Jan 25 and Jan 27 are slightly lower ... https://forums.moneysavingexpert.com/discussion/6480337/edf-essentials-new-fixes-today-23-nov-23-31-jan-25-and-31-jan-27.

sully1311

dealyboy said:

I don't think the price cap tables (by region, rates type and payment method) have been published yet, but I have today seen the new SVT rates for Economy 7 customers in the Eastern region.



As you can see they are doubling the night rate.

Edit: The single rate equivalent is 28.1p per kWh based on 42% off-peak, 58% peak.

If you want to see yours, login to the dashboard and select Tariff Details from the left hand menu. The offers for fixes Jan 25 and Jan 27 are slightly lower ... https://forums.moneysavingexpert.com/discussion/6480337/edf-essentials-new-fixes-today-23-nov-23-31-jan-25-and-31-jan-27.

I don't think Kraken users can do this (I can't anyway, viewing tariff details just shows the current rates).

QrizB

That's going to upset @Dunstonh !

dunstonh

QrizB said:

That's going to upset @Dunstonh !

It is a concern but it is deferred until September 2024 as I plumped for one of their fixes earlier in the year.

MultiFuelBurner

dealyboy said:

I don't think the price cap tables (by region, rates type and payment method) have been published yet, but I have today seen the new SVT rates for Economy 7 customers in the Eastern region.



As you can see they are doubling the night rate.

Edit: The single rate equivalent is 28.1p per kWh based on 42% off-peak, 58% peak.

If you want to see yours, login to the dashboard and select Tariff Details from the left hand menu. The offers for fixes Jan 25 and Jan 27 are slightly lower ... https://forums.moneysavingexpert.com/discussion/6480337/edf-essentials-new-fixes-today-23-nov-23-31-jan-25-and-31-jan-27.

All good things, and this was a good thing in the East of England, generally come to an end.

Swipe

Good well it lasted. Now the Eastern E7 crew will be joining the rest of us on £10 a day during cold spell heating.

littleteapot

Not been on here for a few weeks but see there is a lot of threads on this topic.

Thankfully I knew that 'all good things come to an end eventually' and signed up for EDFs 3 year fix in September with the low night rate, and persuaded my parents to do the same. 

In our case it was potentially going to be a moot point as we were on the way to a house move in early 2024, but as the chain fell apart a few days ago we'll benefit from this for somewhat longer (being 75-80% off-peak users).

I hope a few others on this forum had the same wisdom.

Swipe

littleteapot said:

Not been on here for a few weeks but see there is a lot of threads on this topic.

Thankfully I knew that 'all good things come to an end eventually' and signed up for EDFs 3 year fix in September with the low night rate, and persuaded my parents to do the same. 

In our case it was potentially going to be a moot point as we were on the way to a house move in early 2024, but as the chain fell apart a few days ago we'll benefit from this for somewhat longer (being 75-80% off-peak users).

I hope a few others on this forum had the same wisdom.

Yes, I remembered about your wise 3 yr fix when the EDF Eastern rate increases were announced. Very lucrative decision indeed.

dealyboy

Hi @littleteapot ... well judged congratulations to you and your parents for winning the energy lottery.

littleteapot

dealyboy said:

Hi @littleteapot ... well judged congratulations to you and your parents for winning the energy lottery.

It's the only lottery I have ever won (albeit I've not done many lotteries except a gamble on a 12m energy fix back in May 2022 which I cancelled in Jan 2023 when the EDF night rate went to the anomalous low of 7p/kWh and one national lottery ticket in 1996 or thereabouts!)