The energy giant EDF announced on yesterday to cut the prices of the gas fuel from the coming year on 6th of January but will increase the price of the electricity from the March.
The householders or the businesses and others will face the increment of the prices in the cost of the electricity with the ratio of 8.4 percent from the next year in the month of March but another announcement from the EDF tells that the customers will enjoy the winter season as the giant dual fuel supplier has cut the price of the gas with 5.2 percent from the 6th January – the next year.
The French-owned company EDF signed the deal and tells to develop the nuclear power and added that they were cutting the price of the gas fuel for the householders with 5.2 percent from the 6th January of next year but claimed that the price of the electricity tariff is increasing.
The changes from the enormous energy firm showed that the regular customer will pay 1.2 percent more a year to them after the increment of the electricity cost and decrement of the gas fuel and take average energy cost to £1,082.
The giant company EDF last raises their prices for the customers three years ago but added that the cost of the electricity tariff is still increasing from some time – about one million people faced the problem of cost from the next year in march but 700,000 customers will see the cut price of gas also from January and also added that 12.9% price cut will see the persons who use pre-payment method for gas meters.
The managing director of the EDF energy source added that we want to help the customers but the price of the electricity is increasing from the next year march – we are cutting the price of gas bills in the coldest season to save their money in this winter.
The customers that are paying with pre-payment method will enjoy the gas for three months until the new announcement will come in next year of April, the new price cap – we are open and loyal to our customers as we are telling them about the increment but on other hand decrement the price of gas due to the suppliers we have seen in the recent months.
The step taken by the EDF on the bill doesn’t affect the customers that are on fixed tariff as their cost and package remain same and experts are urged the customers to pick the cheap fixed price deals as they are still available – EDF is supplying electricity and gas to more than 5 million users and 1.5 million of them are not faced any change in the cost due to fixed tariff.
The EDF step of money increment on the electricity cost will make a lot of pressure on the other big six as it is the first to take this step and hopefully other suppliers will also increase their prices.