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EDF Energy to raise prices in March - 04/02/2011

Energy comparison customers might wish to compare gas deals as a power company has announced a price hike, effective from next month.

On March 2nd, EDF Energy will raise its domestic standard tariffs by an average 6.5 per cent for gas consumers and 7.5 per cent for cheap electricity users.

It comes after the energy supplier held prices throughout winter, but its price freeze guarantee will come to an end at the beginning of March.

Martin Lawrence, managing director of energy sourcing and customer supply at EDF, commented: "Although we regret the need to raise prices, we held out for longer than all of the other major suppliers and we hope our Winter Price Freeze Guarantee shows that not all energy companies are the same."

He said the company has held energy costs steady throughout one of the coldest winters in living memory, which is when cheap gas customers use a large proportion of their annual energy consumption.

"In these difficult economic times, we have done our best to protect our customers from rising energy costs and for two winters running we have offered some of the cheapest standard dual fuel prices," Mr Lawrence added.

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