Energy prices London


Energy prices in the EDF region

supply numberThe London energy networks are operated by UK Power Networks, which is owned by Hong Kong based Cheung Kong Group.  The company are responsible for the delivery of your electricity through their cables in your region.

Before privatisation of the energy suppliers, EDF were known as the London Electricity Board. A proportion of your energy bill charge ultimately goes to UK Power Networks for local delivery of electricity to your home if you live in this distribution area!

EDF took over the roll of regional supplier, and UK Power Networks are responsible for local delivery of electricity in this region.

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If you are ever asked for your supply number, and you wonder what it is, the image is a description of your meter point administration number, also known as your supply number. The number which is circled in red indicates the district network operators region. London is ID 18. You will find this number on your energy bill.

Some points on energy prices

  • Standard energy, is your suppliers default energy prices. They are the most expensive tariffs.
  • Online discounted prices are in place to encourage you to switch to a cheaper energy deal.
  • The Government deregulated the energy suppliers in order to create competition in the energy market. If you don’t switch supplier, your energy prices will remain high.
  • £4 Billion in discounted energy deals go unclaimed each year because many consumers don’t bother to take advantage of cheaper energy deals.
  • Your supplier won’t reward you with a loyalty bonus for sticking with them. They will just continue to charge you standard prices if you don’t take matters into your own hands by switching to a cheaper deal with another supplier.

Standard Prices

GasElectricity
SupplierEDF EnergyEDF Energy
TariffStandardStandard
PaymentMonthly Direct DebitMonthly Direct Debit
Usage16,500kWh3,300kWh
Cost£744.12 (inc. VAT)£501.98 (inc. VAT)
Standing Charge25.00p (ex. VAT) a day 26.25p (inc. VAT) a day or approx. £24 (inc. VAT) per quarter18.00p (ex. VAT) a day 18.90p (inc. VAT) a day or approx. £17 (inc. VAT) per quarter
Unit Rate4.042p (ex. VAT) per kWh 4.244p (inc. VAT) per kWh)13.550p (ex. VAT) per kWh 14.228p (inc. VAT) per kWh
DiscountFor paying by Direct Debit you receive a discount of 6% off your energy bill.For taking both gas and electricity you receive a dual fuel discount of £8.40 per year.

Online Discounted Prices

GasElectricity
Supplierfirst:utilityfirst:utility
TariffiSave v1.4iSave v1.4
PaymentMonthly Direct DebitMonthly Direct Debit
Usage16,500kWh3,300kWh
Cost£650.98 (inc. VAT)£429.24 (inc. VAT)
Standing Charge67.00p (ex. VAT) a day 70.35p (inc. VAT) a day or approx. £64 (inc. VAT) per quarter35.00p (ex. VAT) a day 36.75p (inc. VAT) a day or approx. £34 (inc. VAT) per quarter
Unit Rate2.968p (ex. VAT) per kWh 3.116p (inc. VAT) per kWh)11.980p (ex. VAT) per kWh 12.579p (inc. VAT) per kWh
DiscountFor taking both gas and electricity you receive a dual fuel discount of £240 per year, paid annually, subject to a minium spend of £600 per year. Customers who spend less than £600 per year can deduct this discount from the calculations.

Prices explained

The total prices shown are based on average energy consumption of 3300 KWH electricity, and 16500 KWH gas. You should get quotes based on your own actual consumption.

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