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EDF Energy announces price change for residential customers

EDF Energy is increasing its standard variable prices for gas and electricity residential customers by 10.8% from December 7, 2012.

For typical customers, the company’s new standard variable prices will still be lower than those of all the major suppliers which have announced standard price rises this autumn. 

Further, more than one million existing fixed deal customer accounts will be unaffected by the prices changes this winter.

The company has also confirmed support for its most vulnerable elderly customers who will benefit automatically from its cheapest available tariff prices.

(Please click here to read the full press release.)

In the following video interview, Martin Lawrence, Managing Director of Energy Sourcing and Customer Supply, explains why EDF Energy is raising its standard variable prices: