15 September 2011: The Evening Standard reports on EDF Energy’s increase today in its gas and electricity tariffs: “Hundreds of thousands of London families are facing energy bill increases after the last of the “big six” suppliers said prices will go up by
15.4 per cent in November.” To be totally accurate – standard residential electricity prices are to rise by 0n average of 4.5 per cent (EDF say this “is in line with inflation only and significantly less than rises by other major suppliers” and it is in fact residential gas prices which will rise by 15.4 per cent – again – EDF say “lower than all other major suppliers.”
The exact number of homes in London supplied by EDF Energy is not in the public domain, but as the successor company to London Electricity, the main energy supply business for London post privatisation (and despite a fully competitive energy market) it remains the dominant player in the capital.
EDF states in its own press release that it “continues to be the cheapest dual fuel supplier nationally after limiting its price rises to the lowest level of all major suppliers.” A comparison of tariff rates compared with the other major energy companies is supplied on the press release.