EDF handing energy customers free £122 to help them through winter

EDF handing energy customers free £122 to help them through winter
-Credit: (Image: Reach Publishing Services Limited)


EDF has moved to launches a new fixed energy tariff priced £149 lower than the upcoming October price cap. EDF’s Essentials Fixed 1y Oct25 is £1,568 for a typical average energy user paying by direct debit, allowing customers to fix for a year at the current Ofgem price cap level.

Currently EDF’s price cap forecasting service is predicting that Ofgem’s price cap will be at least £122 higher than the Essentials tariff over winter. Volatility in global gas supply and demand has driven price changes in recent weeks, with predictions for 1 January price cap hitting £1690 before reducing back down to £1676 based on EDF’s most recent prediction.

The tariff is available to new and existing EDF customers and requires a smart meter or agree to have one installed. This winter, EDF is giving its smart meter customers the opportunity to participate in its ‘Sunday Saver’ challenge.

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This rewards customers with free electricity for using less during peak times (4pm-7pm). A 10% reduction in peak consumption would earn four hours of free electricity, a 20% reduction earns eight hours, 30% earns twelve hours and, for the super savers, using 40% less earns 16 hours of free electricity on a Sunday.

EDF is also offering a one-year fixed tariff, which tracks at £50 below the price cap, with that £25 per fuel saving coming from standing charges rather than unit, ensuring that those who sign up will see the same financial benefit.

That is even if they are low energy consumers or on a Pay As You Go meter. EDF says prices based upon Ofgem’s Typical Domestic Consumption Values (TDCVs) which are now set at 2,700 kWh per annum for electricity, and 11,500 kWh per annum for gas.

It is the cheapest based on straight price for price comparison, not including add ons, EDF says.