EDF has withdrawn two of its cheapest energy tariffs, in the wake of a spate of price rises from the other ‘big six’ energy companies.
EDF’s ‘Fixed Saver 2’ and ‘Online Saver 12’ have both been withdrawn. Fixed Saver 2 is being replaced by a new tariff called ‘Fix For 2012’. The new tariff is £41.58 more expensive per year but still one of the cheapest in the market.
Customers who have already fixed their prices will not be affected, but new customers will no longer be able to sign up.
Compare energy suppliers
Richard Lloyd, executive director of Which? said: ‘With four of the biggest energy suppliers definitely hiking their prices this autumn, it’s bad news that some of the best deals are disappearing.
‘People thinking of switching or fixing now should make sure they compare all the different deals that are available, and don’t assume that their supplier will offer the best value.’
Check your energy options and see if you can find a better deal with Which? Switch, the independent, not-for-profit energy comparison service.
Soaring cost of energy
Which? is working hard to help consumers in the wake of a string of energy price hikes this summer.
Back in June, Scottish Power was the first of the major energy companies to announce it would be increasing gas prices by 19% and electricity charges by 10% from 1 August.
Earlier this month, British Gas said it would be raising gas prices by 18% and electricity prices by 16% from 18 August. They were followed by Scottish and Southern Energy (SSE) on 21 July and Eon on 5 August.
Honesty on energy prices
We’re currently calling for energy companies to make energy tariffs clearer and more transparent. Even if wholesale prices do increase, with simple tariffs, customers can more easily compare prices and switch.
We’re also asking the government to help increase competition in the energy market – by clearing the way for new suppliers they could potentially help drive improvements in services and lower prices.
Lower your gas and electricity bills
You can compare energy prices and switch to a new gas and electricity supplier on Which? Switch. People who switched with us between 1 October and 31 December 2013 are predicted to save an average of £234 a year on their bills.
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