EDF to raise gas and electricity bills by 3.9 per cent

EDF Energy announced on Tuesday that it will be hiking the average gas and electricity bill by 3.9 per cent, from 3 January 2014. The price rise is significantly less than rivals such as British gas who announced price rises of 9.2 per cent.

The company's statement says the typical consumer will be at least £80 better off with EDF, compared with other major suppliers who have raised their prices. EDF is holding back the costs of the governments ECO scheme in anticipation that there will be a revision of policy.
34 per cent more EDF customers are set to benefit from the warm home discount in 2014.