Slash Your Energy Bills with EDF’s Exciting New Offer

Millions of households could potentially save on their gas and electricity bills through a new offer from EDF Energy, which reduces the standing charges customers pay. Get the latest Chronicle Live breaking news on WhatsApp

Money experts are now drawing attention to the tariff offered by the energy giant, suggesting it could shave £50 off annual energy bills and provide further savings with the upcoming Price Cap reduction on July 1.

EDF Energy’s new offer could save households £50 on energy bills

According to Martin Lewis’ Money Saving Expert (MSE), “EDF Energy has launched a new tariff tapping into the anger about the high level of standing charges set by regulator Ofgem under its Price Cap.”

The new EDF Ensure tracker tariff is effectively a discounted version of the Price Cap that will be £50 cheaper over the year and it does this by lowering standing charges, not unit rates.

“EDF Energy has launched a new tariff tapping into the anger about the high level of standing charges set by regulator Ofgem under its Price Cap.” - Martin Lewis’ Money Saving Expert (MSE)

EDF’s new tariff is a decent deal for lower energy users, say those currently paying up to £100 a month. Above that, there are other options that could work out cheaper.

Households could save £50 on energy bills with EDF’s new offer

With the Price Cap reduction on July 1, households can expect further savings. This new offer from EDF Energy is a welcome relief for those struggling with high energy bills.

Read more about how to save on your energy bills and stay updated with the latest money news and budgeting tips from BudgetNinja.