EDF increase prices

  5.5million customers will see an increase in the cost of it’s Gas and Electrcity after EDF announced it was increasing it’s fuel prices. Gas prices will increase by 22%, whilst Electricity will increase by 17% for domestic customers.

The firm has blamed the increase, which comes into effect on 25 July, on record wholesale energy costs.

Energy companies have been widely expected to raise the costs of utility bills this summer, as wholesale prices have been rising.

EDF is the first of the major suppliers to raise prices this summer and others are expected to follow suit.

The company said it had been absorbing higher costs in recent months but it now needed to pass on costs to domestic and small business customers.

It is the second rise for EDF customers this year.

To compare prices and see if you can get a better deal click here.

 

BT increase line rental and daytime calls

As if an increase in our Electricity and Gas wasn’t enough, now, a majority of us who have a telephone line with BT will see an increase in their line rental and daytime calls.

The telecom giants said line rental would increase from £11 per month to £11.75 per month, while the cost of calls in the daytime would rise from 3.25p to 4.0p per minute.

However, there is some good news. BT will extend free weekend calls to all its customers. Previously, those on the BT Together One plan had to pay for weekend calls, now they will join all other BT customers in enjoying free weekend calls. The offer does not include calls to mobiles.

BT said customers could dodge the extra 75p on line rental if they agreed to paperless [online] billing.

recent energy prices unfair

A recent price increase from leading Electricity and Gas companies is unfair says a watchdog. Three energy companies have raised prices by around 15% on average. They blame soaring wholesale prices but energywatch says the market is not competitive enough.

If you fell you are paying too much for your electricity and gas, why not spend a few minutes checking with a leading price compare service. Click here for full details