EDF Energy business electricity rates and tariffs
EDF Energy provides a number of different tariffs, including fixed rates as well as variable tariffs which allow customers to choose what is best for them.
You can compare electricity and gas rates for businesses by using our comparison tool, making it very easy to decide what providers have the best value for money.
Fixed-rate tariffs are a great option for those who want to commit to a rate for a period of time. The rate for fixed-rate contracts is a lot cheaper than the other contracts. They allow you to focus on your business and not worry about your next bill breaking the bank.
In addition to this, fixed-rate contracts prevent you from getting shocked by price rises that can go unnoticed, the price you agreed to is what you will be charged for the length of your contract.
EDF Energy online accounts make it super simple to manage all of your payments and activity around your tailored plan. There is a fixed rate contract specifically for tariffs that are managed entirely online.
This is the cheapest option that EDF Energy offers which takes out the need for lengthy conversations with call centres and instead uses a much simpler chat service.
EDF Energy also offers a type of variable rate contract that gives businesses the freedom to upgrade or change providers whenever they please. Instead of committing to a fixed rate for the entirety of the contract, you will be charged according to the electricity and business gas prices at that time.
This option will be more expensive, which is the expected consequence of going with this type of contract. However, EDF Energy does have an advantage over some of the other providers - they do not charge fees if you decide to switch to a different service and do not require notice before leaving.
Again, this type of contract can be managed online to pay bills through your business account where every transaction is saved and provides a payment history to check if it is still the best plan for you.
Deemed or out of contract rates
All energy providers will have deemed or out of contract rates for when contracts run out and are not renewed. These prices are almost always much higher than the standard contract rates so it is important to take note of when the agreed contract comes to an end.
The EDF deemed electricity price has a standard meter charge of 90p per day outside of the contract as well as 25p per kWh.
The EDF deemed gas price has a standard meter charge of £1 per day and 5.3p per kWh.
The rates differ depending on the type of meter being used as well as what day it is with off-peak times being slightly less. It should be said, however, that all of these rates will be much higher than any other normal contract so it is important to renew or switch providers as soon as you notice that your contract has run out.