EDF announces electricity price rise

Utility firm EDF Energy has announced a 2.6 per cent  increase in electricity bills for up to 1.2 million of its customers.

Utility firm EDF Energy has announced a 2.6 per cent  increase in electricity bills for up to 1.2 million of its customers.

The price rise comes into effect from October 1 and will impact households on standard tariffs in 11 of EDF's 14 regions, as well as those on its "economy 7" tariff in three areas.

EDF said it reviewed regional electricity prices in response to recent increases in the cost of distribution and transmission across the UK.

The group said its price rise would affect 37 per cent of its electricity customer base, working out to an average £10.82 a year extra per household.

Fixed-price customers and those with gas supplied by EDF will not be affected.

EDF claimed the move "better aligned" regional prices and follows a 16% increase in transmission costs since its last price change in March last year.

Customers with standard meters are affected in the following areas: Eastern, East Midlands, West Midlands, North East, North West, North Wales, South Wales, North Scotland, South Scotland, Southern and Yorkshire.

Only standard Economy 7 meter customers in London, the South East and the South West are affected by the price change.

EDF has 3.42 million electricity customers across the UK.

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