Friday 3 January 2014

EDF Energy price rise begins

EDF Energy puts its household power prices up by an average of 3.9% today with bills increasing to £1,237 from £1,190.

The supplier’s relatively modest price hike of £47 is less than it could have been since the Government cut the amount of cash suppliers must spend on green levies by £12 per person.

Only a few days ago British Gas dropped its prices by 3.2% - after an earlier eyebrow-raising price hike of 9.2%.

Other Big Six suppliers ScottishPower, SSE and npower have said they will partially reverse their hikes but have yet to reveal firm details.