edf prices july 21

james_smitha

might anyone know which planet EDF are on?

Relative to today, july 21St the July ofcom price cap was meant to have dropped, yet all of the tarriffs on offer have higher unit costs and daily charges

lohr500

Really? Can you give some specific examples? 
Our 1st July prices from EDF were a reduction on the previous quarter.

BarelySentientAI

I think it's more likely that you have misread or misunderstood either the prices or the price cap, rather than EdF just ignoring the entire thing.

MattMattMattUK

james_smitha said:

might anyone know which planet EDF are on?

Relative to today, july 21St the July ofcom price cap was meant to have dropped, yet all of the tarriffs on offer have higher unit costs and daily charges

The SVT will be at the price cap for your region, any fixed tariffs can and will likely be higher that the price cap, but lower than the predictions for the winter price cap, there is nothing wrong with that.

Swipe

EDF's SVT rates for July can be found here:

https://www.edfenergy.com/sites/default/files/2024-06/DM1903-Standard-(Variable)-Deemed-and-Welcome-Credit-and-Smart-PAYG-ratecard.pdf

james_smitha

All right them, I'm happy to be educated. Where I live is near Leamington Spa in warwickshire.

for Electrics I pay

21.68p per kWh

Standing charge

62.72p per day

and for gas

5.44p per kWh unit rate

Standing charge

31.43p per day

These are the details from my account on 22Nd July

I'll have a read of 'EDF's SVT rates for July can be found here', many thanks

I have, even though the July price cap was meant to be less the rates in that link are slightly more.

MattMattMattUK

james_smitha said:

All right them, I'm happy to be educated. Where I live is near Leamington Spa in warwickshire.

for Electrics I pay

21.68p per kWh

Standing charge

62.72p per day

and for gas

5.44p per kWh unit rate

Standing charge

31.43p per day

These are the details from my account on 22Nd July

I'll have a read of 'EDF's SVT rates for July can be found here', many thanks

I have, even though the July price cap was meant to be less the rates in that link are slightly more.

Those look like the current rates (Midlands), eg. the rates that came in on 01/07, there was no price change on 21/07 unless you were coming off a fix. 

The rates you were on before, up until 30/06 would have been higher if you were on the SVT, if you were on a fix then it could be anyone's guess, but the price changes published in the news only relate to the SVT, not to fixes. 

BarelySentientAI

EdF current rate card - matches your tariff.  First two columns are SC & UR for electricity, final two are SC & UR for gas.


OFGEM Electric - EdF comply.


OFGEM Gas - EdF comply.

Apologies for terrible MS Paint labels.

MP1995

james_smitha said:

MattMattMattUK as I understand it the price cap was meant to have dropped by I believe 7 percent in July.

Your June Vs July comparison is perfectly good and shows that it is nothing more than smoke and mirrors.

Yes I am on a standard variable tarrif.

(Removed by Forum Team)

Key part is for the notional average user and averaged over all the regions.

Not smoke and mirrors just details which can't and won't be explained by the media as they really don't card to go into that much detail.

BarelySentientAI

james_smitha said:

BarelySentientAI as I understand it the price cap was meant to have dropped by I believe 7 percent in July.

Your June Vs July comparison is perfectly good and shows that it is nothing more than smoke and mirrors.

It did - averaged over all 14 licence areas in the country for a specific mix of gas and electric usage.

We've long said on here that the headline averaged statistic is useful only for a general understanding of the trends in the market overall, but every time it has lead to confusion like yours when people's specific circumstances don't happen to match the "average of typical users" used in the headlines.

Just having a look at your area - the electricity unit price dropped by 9% and gas unit price by 9.3%, so I'm not sure where your "smoke and mirrors" complaint comes from?

james_smitha

BarelySentientAI you seam to be a top person. It looks like I'm mistaken, I trust what you say 100%, thank you

Untill you actually do the working out and turn the difference into a percentage it looks to be insignificant.

I'd value your thoughts, in my place would you take on a 12 month fix from EDF or change supplier

Since 'big brother' is watching a private message might be better