Last Updated: 27 October 2021
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EDF Energy increased the price of its Standard (Variable) Tariff by £139 on 1 October 2021. This is in line with the maximum allowed under the Energy Price Cap. Energy bills for a household with average energy usage now stand at £1,277. This is £235 (23%) more than they were just 1 year ago. Larger energy users will pay considerably more.
Unfortunately, due to the unfolding energy crisis, there is nothing you can do at this point to reduce your energy prices. The market has been turned on its head and has basically ceased to function. EDF Energy Standard (Variable) Tariff is the best energy deal you can get at the current time. However, you can still reduce your energy bills, but only by cutting back on your energy usage.
And there is far worse to come. Based on current wholesale energy prices, when the price cap is next increased on 1 April 2022, it will jump by OVER £400 (give or take). And yes, that is on top of the £139 increase you have just seen. If you would like to know how much the EDF Energy Standard (Variable) tariff will increase by, please visit our energy bills forecast page (table updated weekly).
Your tariff will increase again in…
If you would like to know when energy switching returns and once again allows you to reduce your energy bills, then do one or more of the following. Sign up to our newsletter (in the footer of this page), check our home page from time to time for updates, or follow us on Follow @_energyscanner
Tariff Overview
The EDF Energy Standard variable tariff is called Standard (Variable).
This tariff is usually available for new and existing customers to sign up to.
Data from Ofgem, the GB gas and electricity regulator, shows that, as of July 2021, EDF Energy had around 1.3 million customers on the Standard tariff or other default tariff. This represents approximately 50% of EDF Energy’s customer base. This comprises 682,000 EDF Energy gas accounts and 1.3 million EDF Energy electricity accounts. Worryingly, this number has barely fallen in the last 3 years. Furthermore, as smaller energy suppliers go bust, EDF Energy has stepped in to mop up hundreds of thousands of stranded customers from bust energy suppliers, so reversing their customer losses.
Heads Up!
In view of the evolving energy crisis, this tariff can no longer be applied for. Comments about savings and switching do not apply at the current time. Other than that, the rest is still bang on.
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 an energy price comparison against other energy suppliers and tariffs in the market. You can do this by popping your postcode into the box below.
Alternatively, if you are happy to stay with 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 monthly on receipt of your bill.
– This tariff is also available to customers with prepayment meters (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
EDF Energy Standard tariff price changes are listed (in reverse order) in the Table below.
| Effective Date | Annual Dual Fuel Bill | Change | Comment |
|---|---|---|---|
| 1 Apr 2022 | £1,700 - £1,750 | £423 - £473 increase | This is a projection based on wholesale energy prices For latesr change forecast please see Energy Bills Forecast |
| 1 Oct 2021 | £1,277 | £139 increase | Energy Price Cap v7 1 Oct 2021 to 31 Mar 2022 |
| 1 Apr 2021 | £1,138 | £96 increase | 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 | ||
| Source: energyscanner.com |
Table Notes
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.
Read more …
– How much will energy bills increase?
– British Gas Standard Tariff
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