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EDF Energy is one of the six largest energy suppliers in the UK. It’s the country’s largest producer of low-carbon electricity, committed to reducing their reliance on fossil fuels. Generating one- fifth of the UK's electricity, EDF is they are responsible for the supply of gas and electricity to around 5.5 million residential and business customers.

From its origins in 1940s France, the EDF Group has grown from a national electricity provider to a globally-respected company delivering all forms of energy around the world. 

One of EDF’s biggest commitments is the growth of nuclear energy. Currently, around 70% of EDF’s electricity comes from eight existing nuclear power stations (as well as two coal, one gas) and 31 wind farms. EDF is in the process of building another two new nuclear reactors at Hinkley Point, Somerset that will provide sustainable low-carbon electricity to 6 million customers when completed. 

Always a controversial subject, nuclear power can put customers off but it continues to be one of the most effective ways to generate electricity for the company.

Ownership

EDF Energy is a wholly-owned subsidiary of the French state-owned EDF Group (Electricité de France), which is one of Europe’s largest energy companies.

Location

The Global headquarters of EDF is located in central London. The address is:

EDF Trading (Global headquarters)

3rd Floor, Cardinal Place

80 Victoria Street

London

SW1E 5JL

EDF customer service team for new customers can be contacted on 0333 200 5110

Alternatively, a Love Energy Savings representative can handle all communications with EDF Energy should you choose to switch to or from a EDF Energy tariff through our comparison engine.

EDF prices and tariffs

Business tariffs

Fixed for Business Tariffs

  • Fixed energy prices for between one and four years
  • Usually cheaper than the variable tariff
  • Automatic renewal onto Easy Fix at the end of fixed-term
  • Pay by Direct Debit or Cash/Cheque
  • 7% discount when paying by monthly Direct Debit 

If you leave before the fixed term early exit fees apply.

Freedom for Business Tariff

  • Switch to another product at any time
  • No need to give notice when you decide to leave
  • No exit fees
  • Pay by Direct Debit or Cash/Cheque
  • 7% discount when paying by monthly Direct Debit

The tariff is variable, which means prices can go up or down with at least 30 days notice.

American Express Fixed for Business 

American Express business card holders can fix energy prices and receive American Express Membership Rewards®.

  • Fixed gas and electricity prices for between one and three years
  • Every £1 you spend on energy gives you one American Express Membership Rewards® point
  • Protection from price rises
  • Our cheapest fixed-term business tariff

If you leave before the fixed term early exit fees apply.

Residential Tariffs

EDF Energy offer a range of tariffs to suit your energy needs. Take a look at their range of tariffs including fixed and variable options with added benefits on some tariffs like free boilercare.

Easy Online 

EDF offers short-term, fixed gas and electricity prices at low rates. These are often the cheapest tariffs, making it easier to budget and plan effectively with fixed prices.

  • Manage your account online 24/7 
  • Direct Debit only
  • No price rises guaranteed for the length of the tariff

Easy Online 18 Month Fix 

Low fixed gas and electricity prices. Get peace of mind with fixed prices for longer.

  • Manage your account online 24/7 
  • Direct Debit only
  • No price rises guaranteed for the length of the tariff

Easy Online +BoilerCare 

Get 50% off boiler cover for 1 year and fix your energy prices for 2 years.

  • 50% off BoilerCare cover for 1 year
  • Covers domestic gas boilers of any age, standard radiators, controls and thermostats
  • Manage your account online 24/7 (no access to call centres) and pay by Direct Debit only

Total Service 2 Year Fix 

This tariff offers fixed prices guaranteed for at least 24 months.

  • No price rises guaranteed for the length of the tariff
  • You’re free to leave with no exit fees
  • Choose to pay by Direct Debit or Cash Cheque

Flexible Control 

This tariff, which is exclusively for existing customers on EDF’s Standard Variable tariff or Deemed tariff, is guaranteed to be priced 2.5% below the independently Ofgem-set capped unit rate for the duration of the tariff.

Prepay Total

The Prepay Total tariff is available to customers with prepayment meters, with fixed and variable rates available.

Standard (Variable)

You will pay the standard EDF rate, which can go up or down. When this happens, you will be notified in plenty of time so you can decide whether or not to move to a different tariff. With no end date, you'll never have to renew your contract.

Low-carbon

EDF offer a range of tariffs, n ‘blue tariffs’ that use electricity 100% backed by low-carbon generation.

Feed-in tariff

The electricity you use on EDF’s feed-in tariff is generated from a renewable or low-carbon source. You may also be eligible for a government incentive, which will support you or reward you for the energy you generate.

Supply source

EDF energy sources comprise mainly coal, gas, nuclear and renewables.

  • Coal - 5.2%
  • Gas - 10.84%
  • Nuclear - 72.07%
  • Renewable - 11.73%
  • Other - 0.16%

Compare these statistics to the typical fuel mix from UK suppliers in our wholesale energy guide.

Financial Performance

The latest financial figures for EDF Energy are from 31st December 2018. They are as follows:

Metric 2018 2017
Revenue £5,521.4m £5,393.3m
Gross margin £24.4m £30.6m
Loss for the year (£468m) (£1,013.3m)

 You can find EDF’s latest financial reports here.

Awards

EDF have picked up numerous acolades over the years, with the most recent being:

  • Large Employer of the Year — Engineering Construction Industry Training Board Awards (November 2019)

Cancellation policy

Domestic customers

In your initial Fixed Term Period (more than 30 days before the end). The day following your Price Reviews Date, a new supplier can apply to transfer your supply to them, an early termination fee will be applicable and your prices will remain the same until your initial fixed term is reached.

In your initial Fixed Term Period (less than 30 days before end), new suppliers will be able to apply for your supply to be transferred on day 31 after notice has been accepted. You will remain on your Fixed Term Prices until the Fixed Term Period end date, and then transfer to Easy Fix prices until the notice period ends.

You don't need to provide a meter reading before you change supplier. Your new supplier will ask you for an opening meter reading, which they'll pass on to EDF. This way, your new supplier opens your account with the same meter reading that EDF uses to close your account.

Please don't cancel your Direct Debit until the account is closed. The company might need to take a final payment, or give you a refund. Your final bill will tell you what you need to do. You will be sent your final bill within four weeks of completing your switch. If you have both electricity and gas you may receive a separate bill for each fuel.

You will be able to track the progress of the switch if you have set up MyAccount with EDF.

There won’t be exit fees if you move to another one of EDF's tariffs or change supplier. However, you’ll still be signed up to the BoilerCare policy if you’ve chosen this. In order to also cancel your BoilerCare policy please get in touch with Intana on 01444 442 667.

Green performance

EDF reports that they get 11.73% of their energy from renewable sources, comprising 35 wind farms, and one battery storage unit. They have invested heavily in nuclear energy, which is a reliable, low-carbon energy source. EDF owns eight nuclear power stations that generate one fifth of the UK’s electricity.

How to switch to EDF Energy

Switching to EDF from your current provider is easy with Love Energy Savings. Simply enter your details here to generate energy quotes for your home or business. Then, select the EDF tariff that best meets your needs. 

Our operators will handle the rest, including communicating with your current provider and the team at EDF. That way, you don’t need to do a thing.

See how much you could save on your business energy in 60 seconds!

Energy saving FAQs

  • What is an energy broker?

    An energy broker acts as a third party intermediary between commercial energy suppliers and businesses. Energy brokers work with several energy providers and can help businesses compare lots of prices for energy at once - saving you the hard work of shopping around for seperate energy quotes.

  • How can I compare the market for business energy?

    The easiest way to compare the market for business energy is to request a quote for business energy. Here at Love Energy Savings, we work with many well-known business energy providers, as well as several independent suppliers to bring our customers the most competitive quotes for business gas and electricity. This makes it very easy for businesses to compare quotes and choose the right one for their business.

  • What are the different business tariff options

    Businesses can choose between fixed-rate tariffs and variable-rate tariffs on business energy. Fixed-rate tariffs mean the price you pay for gas or electricity is fixed for a period of time, so if energy prices fluctuate, the price you pay will not be affected. These contracts are fixed for a period of time, from 12 months to 5 years.

    Variable-rate tariffs respond to energy market trends, so if the cost of energy increases, you will have to pay more for the energy you use. However, if market prices drop, you will pay less for the energy you use. You are not tied into a contract with a variable-rate tariff. To leave your supplier, you simply need to provide 30 days’ notice.

  • What is green business energy?

    Green business energy is a more environmentally friendly way to power your business. If you buy your business energy from a green energy supplier, your supplier is promising to match some or all of the electricity you use with renewable energy, which is then fed back into the National Grid.

    Read Love Energy Savings Guide to Green Energy Deals for more information.

  • What information do I need if I want to switch business energy?

    You will need to make sure you’re choosing the best deal for your business when switching your business energy supplier. To accurately compare quotes, you will need the following details which you’ll find on your energy bill:

    • Your supplier name
    • Your monthly payment amount
    • Current energy consumption and unit rate (kWh)
    • Your MPAN number, also known as supplier number

    With this information, you will be able to compare new quotes against your current rate. When you find the right deal for you, you can switch your business energy.

  • List of business energy suppliers

    At Love Energy Savings, we work with the following energy suppliers:

    • Avanti Gas
    • British Gas
    • CNG
    • Crown Gas & Power
    • Dual Energy
    • EDF
    • EON
    • Gazprom Energy
    • Npower
    • Octopus Energy
    • Opus
    • Scottish Power
    • Total Gas & Power
    • Utilita
  • What should I do if I’m moving business premises?

    If you’re moving business premises, there are a number of things you need to do:

    • Contact your energy provider and tell them when you’ll be leaving the premises
    • Provide a final meter reading and keep a copy for your records
    • Leave Direct Debits in place until your contract has been fully terminated.

    When you get to your new business premises it’s essential you set up a new energy contract as soon as possible to prevent you from being overcharged for your business energy:

    • Take meter readings as soon as you move in
    • Compare energy prices as soon as possible
    • Choose a new supplier and give them your meter readings and confirm the date you moved in
  • Do business energy quotes include VAT and CCL charges?

    At Love Energy Savings, we include additional charges such as VAT and CCL in our quotes. For a full breakdown of costs, click ‘more details’ on all quotes provided in our comparison engine results page.

  • Can charities and not-for-profit organisations get discounts on business energy?

    Charities and not-for-profit organisations many not receive energy discounts but they can get reductions on VAT (from 20% to 5%) and be exempt from the Climate Change Levy, which could help reduce energy bills overall. Discounts are not automatically applied, so make sure you speak to one of our experts about getting these discounts applied to your energy bills.

    Read our helpful article Is Your Charity Making The Most of VAT Reduction on Its Energy Bills? for more more information.

  • How do I switch business utilities?

    Switching business utilities is very easy. Simply start by comparing utility prices, when you have found the right deal for your business, click ‘switch now’ to complete your switch online.

    At Love Energy Savings, we’ll handle negotiations between suppliers too, making the whole process as stress-free as possible.

  • Who is the cheapest energy provider for businesses?

    The cheapest energy provider for businesses will depend on a number of factors, such as:

    • Your location
    • The size of your premises
    • Your current supplier
    • Current spend on business energy
    • Current consumption of kWh units and current standing charges
    • Meter type (standard, economy 7, maximum demand or half hourly)

    The easiest way to find the cheapest energy provider is to compare energy prices.

  • Who is the best energy supplier?

    Choosing the best energy supplier for your business is very important. You want to know that the provider you choose will value you as a customer, that you’ll receive excellent customer service and that the company acts with total transparency.

    Which? consumer magazine published a survey that compared key suppliers on a number of factors including:

    • Bill accuracy
    • Customer service (phone)
    • Customer service (online)
    • Complaints handling
    • Helping you understand and reduce energy use
    • Value for money

    Take a look at the ‘Best and worst energy companies for 2019’ survey for more information.

  • How can I fix business energy prices?

    If you want to fix the price you pay for business energy, simply choose a fixed-price tariff. Energy providers fix prices from 12 months up to 5 years, so just choose the one that you feel suits the needs of your business the most.

  • How long will it take to switch?

    Once you’ve found your new, cheaper tariff, it takes between 4 and 6 weeks to complete the switch from one supplier to another. We will manage this process for you, so you don’t have to. The transfer is seamless; your energy will not be cut off as a result of switching. We’ll keep you up-to-date if there are any transfer issues. If you have any queries before or after the switch, please don’t hesitate to contact your personal Account Manager on: 01204 372 746.

  • Will my business be disrupted when I switch?

    There won’t be any disruptions to your supply, so it will be business as usual! We’ll liaise with your existing supplier and negotiate the entire process for you. We’ll let you know when your switch has been completed.

  • How much could I save by switching my energy provider?

    How much you can save is dependent on how much energy you use. But, on average, businesses with an electricity bill of £2,400pa (consumption below 50,000kWh), can expect to save up to £943 when they switch.

  • What do I have to do to switch my business energy supplier?

    Switching your business energy has never been easier. Once you’ve found a supplier and quote which suits your business’ needs simply hit ‘Buy Now’ or wait for one of our agents to contact you. Once you’re happy to proceed, we’ll handle the entire switch for you. We’ll need a few additional bits of information along the way, but this will all be explained in your welcome pack

  • Do energy prices change depending on your location?

    Yes – you will find that energy prices change from region to region.

    Factors that influence pricing will depend on:

    • The number of suppliers that sell energy in that region
    • The number of suppliers that buy from the generators in that region
    • The charges local distribution networks put onto your energy supply