EDF Energy Tariff Update: Act Now for Savings!
Time is running out to secure an energy tariff that's £109 cheaper than Ofgem's current price cap. EDF Energy is pulling its Essentials 1Yr Apr25 tariff from sale at 4pm today. This one-year fixed rate deal is priced at £1,581 per year, a significant saving compared to Ofgem's April price cap of £1,690.
The decision to withdraw this tariff is influenced by updated forecasts predicting a rise in the energy price cap later this year. Consultancy firm Cornwall Insight anticipates an 8% drop in July, bringing the price cap to around £1,560, but suggests it could climb back to over £1,630 by year-end.
Why the Tariff Withdrawal?
Despite falling wholesale energy prices in recent months, EDF has seen a significant uptick recently. Rich Hughes, Director of Retail at EDF, highlights the urgency for consumers to act swiftly to secure the best available tariff.
EDF Energy Tariff Details:
- Gas: 5.62p/kWh, standing charge of 32.04p/day
- Electricity: 23.74p/kWh, standing charge of 40.78p/day
How to Secure the EDF Tariff:
This offer is open to both new and existing EDF customers. Access the deal by calling EDF directly or sign online. Please note, a smart meter installation is required or must be agreed upon. Existing customers can also register through their online account or the EDF app.
Don't miss out on this opportunity to save on your energy bills! Act now to lock in these rates before they're gone.
For more energy-saving offers and personalized advice, contact the Energy Saving Guru today to explore other available options!