New EDF fixed tariff £159 cheaper than upcoming price cap

• EDF’s new Simply Fixed Nov26v10 is the cheapest energy-only fixed tariff amongst major suppliers
• Staying on a standard variable tariff (SVT) could cost families hundreds of pounds

Customers can save £159 against the upcoming price cap increase if they sign-up to EDF’s new fixed tariff, the cheapest energy-only fixed price among major suppliers.^[1]

January 1^st’s Ofgem price cap was announced today and is 0.2% higher than the current cap, and it is significantly higher than EDF’s new Simply Fixed Nov26v10 tariff which is £1,599 a year for an average dual fuel customer paying by direct debit.

And those savings could increase, with EDF’s price cap predictor* forecasting a rise to £1,841 from April 1^st. 

Rich Hughes, Director of Retail at EDF, said: “With today’s announcement on the upcoming price cap, customers might think that sticking with the cap will protect them from rising prices. But, current forecasts suggest prices increase in April - fixing today will lock in these lower prices for the next year. We would urge customers to check the full range of tariffs we offer to see which deal would be best for them.”

The deal may be withdrawn at any time due to volatility of wholesale market prices and is available to both new and existing customers when signing up directly through EDF and exit fees of £50 per fuel will apply.  

EDF frequently offers the cheapest fixed rate deals amongst major suppliers and is helping more customers save money with its ‘Sunday Saver’ challenge. Sunday Saver rewards eligible customers who shift their electricity usage away from weekday peak hours (4pm–7pm) to earn between four and 16 hours of free electricity the following Sunday. This month’s challenge has already begun and the Sundays where customers will be able to use their earned free electricity will be this Sunday (23^rd), 30^th November and 7^th December.

For customers who don’t want to fix, EDF just introduced FreePhase, a first-of-its-kind electricity tariff that gives customers more control over what they pay by shifting energy use away from peak times, with savings of up to £187 a year available on their electricity bill compared to standard variable rates. 

Alternatively, for customers looking for a lower standing charge option, EDF has a tracker tariff, Simply Tracker Jan27, which discounts standing charges by £100. The fixed-term tracker tariff tracks Standard Variable prices and will undercut Ofgem’s price cap by £100 and guarantees savings of £50 per fuel on the price cap, with the discount applied through standing charges.

For an extra £50 off their energy bill and the same off for a friend, EDF customers can also sign up to ‘Refer a Friend’ via MyAccount online.  

Existing customers can sign up to the new tariffs in MyAccount or in the EDF app with new customers able to join here. 

*Based on current price cap methodology

[1] Cheapest based on straight price for price comparison of nationally available tariffs, not including add ons. As of September 2025, the Big Six energy utility companies in the UK are: British Gas, Octopus Energy, E.ON Next, Ovo, EDF, and Scottish Power: https://www.ofgem.gov.uk/retail-market-indicators. Based on prices as of 24th October 2025. 

[2] From 1 October and 31 December 2025 the energy price cap is £1,755 a year. EDF forecasts the energy price cap will decrease to £1,737 a year for the period between 1 January and 31 March 2026 and then increase to £1,831 for the period between 1 April and 30 June 2026. Figures are based on Ofgem ‘typical’ consumption. 'Typical' yearly consumption is 2,700kWh electricity and 11,500kWh gas based on a national average of regional prices for a dual fuel customer with a standard electricity meter who pays by Direct Debit. 'Typical' consumption assumes the price cap does not change over a full year. In reality, the price cap changes every three months. Fixed tariff rates remain the same for the duration of the tariff and are not covered by the energy price cap. 

[3] Based on Sunday Saver data from Sept–Dec 2024, Mar–October 2025, and free electricity days on 25 Dec 2024, 14 Feb 2025, July 12th 2025 and August 10th 2025: 9,623,000 kWh × £0.2499 = £2,404,788 (kWh and £ rounded to nearest 1,000 where appropriate).