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July 24, 2006
EDF Energy increase domestic energy prices
With effect from 31st July 2006 EDF Energy has announced it is to increase its domestic gas and electricity prices.
The average increase for is 15.67% for a standard domestic consumer paying by monthly direct debit and using 20,500 kWhs of gas and 3,300 kWhs of electricity.
This latest increase in domestic energy prices follows the majority of domestic energy suppliers who have seen a second price increase already during 2006.
Derek Lickorish, CEO of EDF Energy Customers Branch said, We have been absorbing some of the costs of increased wholesale prices in the hope they would ease. However, prices have remained high with little prospect for reduction in the foreseeable future. Reluctantly we now have to pass on a proportion of the resulting costs to customers. We recognise the impact this can have, especially on customers with low incomes and have therefore tried hard to find ways to help them.
Energylinx have added these new prices to their calculators so that you can examine the impact on your personal circumstances.
Energylinx has also produced the following table that identifies the impact on a typical domestic customer.
| EDF Energy - Effect of 31 July 2006 Increase | |||
| Local Distribution Area | Pre Increase | Post increase | % increase |
| East Midlands | £772.27 | £895.17 | 15.91% |
| Eastern | £785.68 | £909.66 | 15.78% |
| London | £816.76 | £943.56 | 15.52% |
| Manweb | £822.13 | £949.11 | 15.44% |
| Midland | £783.94 | £907.89 | 15.81% |
| Northern | £775.42 | £901.98 | 16.32% |
| Norweb | £771.70 | £894.57 | 15.92% |
| Scottish Hydro | £824.08 | £951.21 | 15.43% |
| Scottish Power | £826.39 | £953.91 | 15.43% |
| Seeboard | £808.09 | £934.05 | 15.59% |
| Southern | £796.51 | £921.36 | 15.67% |
| SWALEC | £840.91 | £969.30 | 15.27% |
| SWEB | £840.25 | £968.88 | 15.31% |
| Yorkshire | £777.13 | £900.72 | 15.90% |
| Based on standard domestic consumer consuming an average 3,300 kWhs electricity and 20,500 kWhs of gas per annum - paying by monthly direct debit. The prices include VAT and all applicable discounts. Source www.energylinx.co.uk | |||
Energylinx would encourage customers to review their own situation at least twice a year and with these latest increases in domestic energy prices Energylinx would encourage everyone to consider to possibility of moving to a fixed or capped price tariff.
Without doubt this autumn we will see double digit price rises in the domestic energy market and capped and fixed price tariffs available today will almost certainly have been updated by that time making it too late to catch some of the best deals available today. We have already had three fixed price tariffs close for new business this year and each time prices increase there is a distinct possibility that existing fixed price tariffs may close, so advice from Energylinx is act now.
Energylinx is largest specialist domestic energy price comparison in the UK that allows users to compare the prices of every single gas and electricity supplier. With so many companies in the market it becomes ever more critical that the domestic customer ensures that any comparison provided is 100% impartial.
Domestic customers can do this by logging onto any of the following links or to call Energylinx on 0800 849 7077 for a personalised quote. Energylinx will then send you a detailed domestic energy quote.
These Energylinx calculators are unique in that they allow you to compare the prices of all energy suppliers.
Energylinx will arrange the whole transfer process for you, including notifying your existing supplier of any planned change and tracking the transfer to ensure that it occurs on time and accurately. Energylinx provides its services completely free of charge to the domestic consumer.
Posted by energylinx at July 24, 2006 04:55 PM Technorati: Energy Prices
