EDF increases energy prices by 3.9%
Is this just a subtler way of an energy company pushing back at green taxes it should pay by threatening us? Food for thought?!! This article tells us:
EDF has become the latest energy company to raise prices for its customers, announcing an average price rise of 3.9% on its dual fuel tariffs and warning that more increases could come if the government does not cut fees for social and environmental work.
The firm said that from 3 January customers would see bills rise by £49 a year, to an average of £1,300, but it claimed it was “holding back rising costs” from government schemes to limit price rises.
The increase, which will also apply to customers taking just gas or electricity from EDF, is less than half those announced by rival firms including British Gas and Scottish Power, but is unlikely to be welcomed by the two-thirds of EDF’s 5.8 million business and residential customers not on fixed tariffs.
EDF said it had taken action ahead of the outcome of the government’s review of the costs of the Eco scheme to help vulnerable households and other green schemes, designed to bring down costs for consumers.
It said if the government made bigger changes to the costs of its social and environmental schemes than it had anticipated, it would pass those savings on to customers, but if the changes were smaller there could be further price rises.