EDF puts prices up by 3.9%
EDF Energy has become the latest "big six" supplier to increase its gas and electricity prices, as it revealed tariffs will rise by 3.9% in January.
EDF Energy has become the latest "big six" supplier to increase its gas and electricity prices, as it revealed tariffs will rise by 3.9% in January.
EDF Energy's price increase has put the spotlight on the other big energy firms who have introduced much larger price hikes, according to the Citizens Advice Bureau.
The French-owned company are the latest member of the "big six" to raise their prices, however their increase of 3.9 per cent is significantly less than its rivals including British Gas and SSE.
“The price increase announcement from EDF today puts the spotlight on the other big energy firms who are introducing much larger price hikes. Many consumers will believe suppliers are putting profits before customers’ need to stay warm this winter," Chief Executive Gillian Guy said.
“People do not have the money to keep absorbing price rises. For many households the pot is quite literally empty. Families are facing tough choices, like cutting back on food in order to put the heating on for just a short while."
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