EDF Raise Prices For Domestic Customers
July 26, 2008 · Filed Under General Finance
EDF Energy has announced it is putting up gas prices by 22% and electricity prices by 17% for domestic customers.
EDF have blamed the increase, which comes into effect on 25 July, on record wholesale energy costs.
Energy companies have been expected to raise the costs of utility bills this summer, as wholesale prices have been rising.
EDF is the first of the major suppliers to raise prices this summer but others are expected to follow suit.
The company said it had been absorbing higher costs over recent months but it now needs to pass on costs to domestic and small business customers.
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