Second shock EDF Energy price hike - MoneySavingExpert.com comments

MONEYSAVINGEXPERT.COM

Cutting your costs, fighting your corner

For immediate release 12 April 2017

On the news that EDF has announced a second standard variable tariff price hike in June 2017, Archna Luthra, head of energy at MoneySavingExpert.com, said:

“EDF has hit millions with a second shock price hike. If you haven’t compared and switched already see this as a final red alarm bell to take action – what are you waiting for?

“After this price rise, an EDF customer will typically be paying £1,160 a year – our cheapenergyclub.com shows the cheapest tariff on the market would cost £842 for exactly the same, and all the cheap deals are one-year fixes, so you’re guaranteed no price hikes.

“The best thing for everyone to do is a five-minute whole-of-market comparison, but if you really don’t want to do that, ring your provider and ask to be put on its cheapest deal. One phone call could save hundreds.”

Notes to editors

· Spokespeople are available for broadcast interviews and further comment on request.

· Full news story available at MoneySavingExpert.com.

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