EDF Energy customers face higher bills from today

dirtydog

dirtydog

dirtydog

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EDF Energy has announced it is putting up gas prices by 22% and electricity prices by 17% for domestic customers.

The firm has blamed the increase, which comes into effect on 25 July, on record wholesale energy costs.

Energy companies have been widely expected to raise the costs of utility bills this summer, as wholesale prices have been rising.

EDF is the first of the major suppliers to raise prices this summer and others are expected to follow suit.

The company said it had been absorbing higher costs in recent months but it now needed to pass on costs to domestic and small business customers.

It is the second rise for EDF customers this year.
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http://news.bbc.co.uk/1/hi/business/7525105.stm

I'm with EDF. Lovely :mad: Another example of how out of touch the official inflation figures are.
 
No point jumping just yet either, the rest are still to announce. I know one that will be a bit shocking!
 
My fear is that this is the tip of the iceberg, and 20% price rises annually will become the norm. In fact we may see bigger rises in the near future which dwarf these, because of the abject failure of our energy policy for many years.
 
dirtydog said:
Sure, I expect they will all follow suit. This is gonna hurt, especially come winter.
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well if we do have a lond cold winter i wonder if the guys at the top can be dragged up on manslaughter when a few thousand oap's are found dead.

but dont worry two jumpers should help to save us all money :mad:
 
Really big underground drilling of Antarctica, sort us out nicely for awhile. We could also do nuclear and renewable sources to reduce dependence on oil/gas.
 
*We could*, but are the government acting quick enough and actually doing anything? If they had been on top of this years back, then maybe we wouldn't be faced with ever increasing costs in our economy.
 
I actually blame the enviromentlists for this. We should have been mainly nuclear powered by now, but the OMG we don't understand the science so it must be bad lobby have killed progress for 20 years.
 
We should have been building several nuclear power stations ten years ago - because they take many years to build and come on stream. We dithered and delayed, and now we are all going to pay the price.

I don't like nuclear power stations but at the current time there is no viable alternative to fulfil our energy needs.
 
We certainly need something to tie us over until we can develop/utilise something to fulfil our energy needs, *cough* Helium-3 *cough*.

Oh well, I guess this is a taste of things to come if we don't start getting our butts into gear, although I'm sure most will just complain and then ignore.
 
GAC said:
well if we do have a lond cold winter i wonder if the guys at the top can be dragged up on manslaughter when a few thousand oap's are found dead.

but dont worry two jumpers should help to save us all money :mad:
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Yeah!!! sue them!!! dont be so bloody stupid.

it is costing energy companies more so they are passing on the price rises. same as most companies would do.
 
GAC said:
dont worry its only going to get worse if this goes through http://uk.news.yahoo.com/rtrs/20080725/tts-uk-british-energy-edf-a8bf950.html
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Don't see how that makes it any worse?

Looks like people may have to start being sensible about heating their houses this year, the number of people that have the central heating on in every room 24/7 for the winter with the thermostat in the mid twneties is ridiculous. I bet the number of people braking the smokless zone regs will be on th up too.

GAC said:
well if we do have a lond cold winter i wonder if the guys at the top can be dragged up on manslaughter when a few thousand oap's are found dead.

but dont worry two jumpers should help to save us all money :mad:
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Yes because in the old days before central heating there were no old people;)
 
We're fixed until November with Scottish Power, not sure if it's worth jumping ship to a new capped tariff now to fix for another year and a bit but suffer quite a hike or to ride it out.

Currently paying 13.52p/day standing charge and 7.639p/kWh which is very low, will rise about 2p/kWh currently, if not more.

The fixed tariff is 25.03p/day standing charge (ouch) and 9.246p/kWh so quite a difference for the moment.
 
I don't pay a standing charge, but my daytime kWh (on Economy 7) is nearly 16p incl. VAT and that's before this 17% increase.
 
^ I did that after the winter, to ensure my bill stayed below a certain level :)

I think we are headed for a recession with these sort of bills... if people are spending 20% odd more on energy then they can't spend that money on other goods and services. Needless to say we won't all be getting 20% pay rises.
 
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