EDF has unveiled a new fixed-rate tariff priced at £1,581 per year, presenting potential savings for energy consumers.
A fixed-rate energy tariff ensures that the unit rates and standing charges for gas and electricity remain constant for a specified duration, shielding customers from any increases in energy prices.
This tariff is £350 below the current cap.
Available for a 12-month term, existing EDF customers can directly access the deal, while others can sign up through Uswitch.
The tariff includes an exit penalty of £75 per fuel for switching to a rival supplier within the term, although this does not apply for transitions to another EDF fixed tariff.
