EDF Group’s subsidiary EDF Energy has today confirmed that its customers on standard variable tariff paying by direct debit will see their bill increase by 12% from 1st October.
That follows Ofgem’s announcement of the new price cap just a few days ago.
The regulator said that energy costs have risen by more than 50% in the last six months with soaring gas prices leading the trend.
Philippe Commaret, Managing Director of Customers at EDF, said: “We know a price rise is never welcome, especially in tough times. In 2020, prices for our standard variable customers fell by an average of £100 a year, and we’ll cut prices again as soon as we are able.”