Last Updated: February 2021
EDF Energy will be increasing the price of its Standard Variable Tariff on 1 April 2021. Energy bills for a household will average energy usage will increase by around £100. The latest prices have already been updated on our website. The only way to avoid the increase, is to compare and switch to a cheaper energy deal. Do it soon because the clock is ticking.
Your tariff will increase in…
The EDF Energy Standard variable tariff is named Standard (Variable).
This tariff is still available for new and existing customers to sign up to. Unlike British Gas, EDF Energy has not withdrawn its Standard Variable tariff from sale.
Data from Ofgem, the GB gas and electricity regulator, shows that, as of January 2021, EDF Energy had around 1.33 million customers on the Standard tariff or other default tariff. This represents approximately 50% of EDF Energy’s customer base on this tariff. This comprises 700,ooo EDF Energy gas accounts and 1.33 million EDF Energy electricity accounts. Worryingly, this number has barely budged in the last 3 years.
If you are on this tariff, you need to hear the bad news. You are paying too much for your energy. Way, too much! But you probably already know that, right?
A dual fuel customer with average energy usage is typically paying around £250-300 a year over the odds for something as basic as energy. That is the amount you can save each year by switching to a cheaper tariff with another energy supplier.
So, if you are still on this tariff, do yourself a big favour. Get yourself onto a cheaper energy deal and do it now.
There are 2 basic ways to do this.
For the biggest potential saving, do a price comparison against other energy suppliers and tariffs in the market. You can do this by popping your postcode into the box below.
Or, if you are happy to stay EDF Energy, they may have a number of better value tariffs you can move too. Not the cheapest option but almost certainly cheaper than staying on the EDF Energy Standard (Variable) Rate.
Key Features of the EDF Energy Standard Variable Tariff
Key features of the Standard (Variable) tariff include:
– This is a Variable rate tariff which means that your energy prices may go up or down. Prices are subject to change on 30 days advance notice. A record of price changes is shown in the table below.
– You can opt for either paper or online billing – it does not affect the price that you pay.
– The tariff is available for customers taking gas only, electricity only or dual fuel.
– Payment options include Monthly Direct Debit and Cash / Cheque quarterly on receipt of your bill.
– This tariff is also available to customers with prepayment meters (where the tariff name is Standard (Variable) Prepayment).
– There are no early termination fees with this tariff.
– EDF Energy is signed up to the Warm Home Discount Scheme.
– EDF Energy is signed up to the Energy Switch Guarantee.
Other things worth knowing
If you would like to learn more about EDF Energy we’ve produced a quick and handy supplier smapshot.
History of Price Changes
Standard tariff price changes (in reverse order) are detailed below.
|Effective Date||Annual Dual Fuel Bill||Change||Comment|
|1 Apr 2021||To be announced||£100 increase expected (apprx.)||Energy Price Cap v6
1 Apr 2021 to 30 Sep 2021
|1 Oct 2020||£1,042||£84 cut||Energy Price Cap v5
1 Oct 2020 to 31 Mar 2021
|1 Apr 2020||£1,126||£16 cut||Energy Price Cap v4
1 Apr 2020 to 30 Sep 2020
|1 Oct 2019||£1,142||£75 cut||Energy Price Cap v3
1 Oct 2019 to 31 Mar 2020
|1 Apr 2019||£1,217||£114 increase||Energy Price Cap v2
1 Apr 2019 to 30 Sep 2019
|1 Jan 2019||£1,103||£88 cut||Energy Price Cap v1
Opening level of the Energy Price Cap
|31 Aug 2018||£1,191||£67 increase|
|7 Jun 2018||£1,124||£16 increase|
|Opening level 2018||£1,108|
Annual bills are based upon a dual fuel customer paying by Monthly Direct Debit with average annual usage; 12,000 kWh for gas and 2,900 kWh for electricity. We have re-indexed all bill values to this usage level.
Remember, the sooner you start your switch the sooner you’ll get that juicy saving.