EDF to raise gas and electricity prices by 10.8%

[dutchman]

EDF Energy customers will see a 10.8% rise in gas and electricity prices from 7 December, the company has announced.



EDF, which has three million domestic customers, is the fifth major energy firm to announce price rises and it is the biggest average increase so far.

The company blamed the cost of wholesale energy and government charges including mandatory energy efficiency and social schemes.

Downing Street called the rise "very disappointing".

The energy minister Greg Barker said that the rise was "unwelcome" for families struggling with household bills. He added that more details on how customers could get the best tariff would be outlined in the Energy Bill in the next few weeks.

Labour's shadow energy secretary Caroline Flint said millions faced "a winter of misery as EDF clobber households with above-inflation price rises at the very time they can least afford it.

"People will not understand why EDF are hiking up their bills by so much when they made nearly £1.6 billion in profits last year," she said.

The price rise is higher in percentage terms than any of the other suppliers, and leaves E.On as the only supplier among the big six yet to announce price rises this autumn and winter.

[dutchman]

Downing Street called the rise "very disappointing".

Why don't they do something about it then?