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EDF BUSINESS ENERGY

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How to compare EDF business energy with Business Energy UK

There are so many options to choose from when it comes to picking the right energy supplier for you. From the different types of tariffs and endless deals, we understand that it can become quite difficult to decide on what's best for you.

EDF Energy certainly has a promising reputation but if you are looking for a more in-depth look at what they have to offer then look no further. Below we discuss the ins and outs of the company as an energy supplier from their various tariff rates to the pros and cons of the company.

For more information on all of the offers available from different suppliers, use our comparison tool.

Who is EDF Energy?

So first of all, who exactly is EDF Energy? The company was initially owned entirely by the French state and was the main provider of electricity in France through their nuclear power station.

In 2009, they acquired access to nuclear power stations and gas power stations in the United Kingdom and as a result, became one of the largest providers of energy to the UK.

Since then, EDF Energy has grown quite a popular reputation for outperforming similar companies, such as Scottish Power and Npower with regards to customer satisfaction.

EDF Energy is extremely focused on reducing its carbon footprint with a goal of reaching net-zero carbon emissions. This ambitious target can be achieved by moving to other cleaner methods of producing energy such as solar, wind and nuclear. One of the most impressive parts is that they plan to do all this at no extra cost to their customers.

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 contract

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.

Variable-rate contract

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.

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Additional EDF Energy business contract information

There are a few more points that are worth noting with regards to signing a contract with EDF Energy.

EDF Energy has started installing smart meters all around the country making it super easy for business customers to have complete control and knowledge around their energy use. This will help show if the costs match the amount they are paying and allow them to make changes to reduce power usage and charges.

If you decide to move your business to a new location, EDF Energy has an entire team designed to make this process as simple and stress-free as possible.

They also have a unique offer where the first one thousand customers that own an electric vehicle and agree to a fixed-rate contract will have the first 3 months paid for.

Pros and Cons of Switching to EDF Energy

Sometimes paragraphs of information can make it even harder to decide what provider has the best deal for you. This is why we have decided to list some of the advantages as well as disadvantages of EDF Energy to make it simpler to choose whether it is right for you:

Pros

  • They have multiple types of contracts to choose from to meet your specific needs.
  • They are a leading force when it comes to striving for net-zero carbon emissions and low carbon electricity.
  • EDF Energy has years of experience in the industry and has developed a good reputation over the years.
  • They do not discriminate between businesses, whether that's small local businesses or giant businesses with multiple chains.
  • If you use direct debit to pay the energy bill for your business then you will receive a 7% discount for every payment.
  • They offer competitive rates that match and often beat other providers.

Cons

  • EDF Energy confirmed that you will incur additional charges through deemed contracts if you fail to renew previous contracts.
  • Although EDF Energy is striving for zero net emissions, this is only a goal and not yet a reality. Increasing the number of wind farms is one of the ways that the EDF group aims to make this goal a reality.

How to make EDF Energy your business energy supplier

If you decide to use EDF Energy as a supplier, then there are a couple of steps to take.

You can either visit the EDF Energy website and apply for a quote or compare EDF prices with Business Energy UK. This will give you an estimated rate depending on the type of contract you want. This will also help you decide what type of contract best suits your business needs.

The next step will be providing some basic information such as addresses, average energy use and the name of the previous provider.

EDF Energy will then do the rest and contact your previous supplier to switch you over, making it as hassle-free as possible. You should receive one last charge from the old supplier and the next one should be from EDF Energy. It's as simple as that.

Frequently Asked Questions

Yes, they outperform some of the top providers and have a good customer rating meaning that most customers think the prices are fair and customer support is helpful. To compare different suppliers click here.

For general questions related to your account, call 0333 200 5100 during the hours of 8 am -6 pm Monday to Friday and 8 am -2 pm on Saturday.

For more urgent support there is a priority service helpline which is available Monday to Friday 8 am to 6 pm and 8 am to 2 pm on Saturday on the number 0800 269 450.

By comparing EDF Energy prices to your current provider, you may find that you are overpaying every month on your energy bills. It's definitely possible that you can save money with EDF, so it is worth doing research into the types of rates they can offer you.

No company is perfect but you will find that EDF Energy has an overall positive review from customers, as they are rated "Great" on Trustpilot.