EDF announces energy price hike

EDF Energy has become the latest energy provider to announce it is increasing its prices.

Customers of the energy giant will see their gas and energy bills rise by an average of 10.8% from 7 December.

EDF Energy is the fifth of the Big Six energy firms to hike up prices this winter. It has increased its prices by the largest amount of all though.

The company is blaming the price hike on the rising cost of wholesale energy and various government charges, including mandatory energy efficiency and social schemes.

"We know that customers will not welcome this news and do not want to see prices going up," says Martin Lawrence, managing director of energy sourcing and customer supply at EDF. "We've taken extra measures to make sure the most vulnerable benefit from the best deals and we continue to help customers reduce their bills with energy efficiency measures."

Eon is now the only Big Six energy firm left which haven’t increased its prices this winter.

  Gas price rise   Electricity price rise Date they come into effect
EDF Energy 10.8% 10.8% 7 December
SSE 9.0% 9.0% 15 October
Npower 8.8% 9.1% 26 November
Scottish Power 7.0% 7.0% 3 December
British Gas 6.0% 6.0% 16 November


More about

Your Comments

Why are we paying to finance all these government agencies that are supposed to protect the public from obscene levels of profiteering by the energy companies? And why do successive governments allow utility companies to be owned by private shareholders? Public ownership of just one major energy company would generate true competition among the suppliers.