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price rise for thousands of customers in another blow for struggling households
EDF announces 6% Dual fuel customers will on average pay 1.35 a week more from 31 August10:21, 5 JUL 2018Updated10:54, 5 JUL 2018The energy giant said it plans to increase standard variable tariff prices on 31 August, following ‘significant increases in the cost of wholesale energy since the start of the year’.EDF Energy’s standard variable dual fuel tariff will increase by 6% to a year adding to the typical bill.The standard variable electricity and gas tariffs will be increasing by 6.1% and 6% respectively.The changes will affect EDF Energy standard variable customers, currently 40% of customers.Those on a fixed price tariff, prepayment tariff or the safeguard tariff for vulnerable customers will not see any changes from today’s announcement.The news comes just weeks after the energy giant was slapped with a fine for missing Ofgem’s smart https://www.newmoncleroutlet.com moncler outlet meter target last year.It also follows a string of cheap moncler price rises announced their website over the past two months with SEE leading the way after confirming an imminent 6.7% rise for 2.36 million households.Rising bills leaving millions a third poorer every month as charity calls for increase to universal credit cheap moncler jackets sale work allowanceRead MoreEnergy price hikes so far in 2018Why are moncler jackets outlet prices going up? Wholesale prices for dual fuel have increased by 18% so far this year, increasing sharply since April, EDF said.This is due to a number of factors, the energy firm added, including the ‘Beast from the East’ reducing gas storage stocks over the winter, compounded by global oil markets feeding into higher UK wholesale prices for both gas and electricity.The company’s announcement follows moncler jacket sale its 1.4% dual fuel increase, announced in April and which came moncler outlet store into effect in June. At the time, it said 1.3million customers on its standard variable electricity tariff would see bills jump 1.4% or a year.The French firm also increased charges for customers that use cash or cheque payment by moncler factory outlet per fuel.Speaking on yet another hike, EDF said June’s rise wasn’t fully reflective of all the cost pressures the industry was facing.In a statement, EDF said: “Despite significant efforts to reduce costs, it is not possible to continue to absorb such cheap moncler outlet significant increases, especially if they continue to rise.”EDF expert, B Bigois said: “We know that another price rise will not be welcome, and we had hoped that our limited changes announced in April would be enough. However, energy costs have continued to rise significantly and despite our best efforts to absorb some of these by reducing the costs within our control sadly we can no longer sustain this.”Customers who wish to avoid this increase will be encouraged to choose one of our fixed price tariffs when we write to them later this month.”All impacted customers cheap moncler coats will be written to this month, with personalised information on how the changes will affect them.The letters will provide customers with information on cheaper moncler outlet tariffs, and for those paying by cheap moncler jackets cash or cheque there will be additional detail on savings available if they switch to direct debit.
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