EDF sparks energy price war

| July 26, 2009 | 0 Comments

EDF this week relaunched its Energy Online v5 deal and claims to be it the cheapest energy supplier in the UK for average consumption households.

The tariff undercuts British Gas by £35 per year according to price comparison site uSwitch.com.

EDF guarantees the v5 package will remain at least 2% cheaper than equivalent tariffs with other suppliers until 31 July 2010.

Choosing an online energy tariff saves households an average of £210 per year, price comparison, uSwitch.com said.

“The message from suppliers is now clear - if you want to cut the cost of your energy you have to go online,” said Will Marples, uSwitch.com energy expert.

“This is where competition is being played out and where consumers will feel the benefit of lowering wholesale prices.”

Households that are “serious” about saving money should check online deals, Marples added.

RWE npower and ScottishPower also issued new online tariffs this week.

In related news, EDF has been fined £2 million by industry regulator Ofgem for poor customer service.

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