Press release
EDF price cut won't fix broken energy system
11 January 2012
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Responding to the move by EDF Energy to cut their prices by five per cent, Paul Steedman, Friends of the Earth's Energy Campaigner, said:
"EDF's claim to have cut prices is completely disingenuous - their prices have still risen almost 10 per cent in a year.
"Tinkering in the margins of massive price hikes won't fix our broken system - the Big Six are ripping us off and making billion in profits from their addiction to fossil fuel.
"And only today EDF came 14th out of 15 energy companies for customer satisfaction - proving hard-pressed customers are getting a bad deal.
"Cameron must launch an urgent inquiry into the Big Six's power and influence to give us energy we can all afford."
ENDS
Notes to editors:
1. Instead of a price cut, in fact EDF's prices have gone up by 9.6% since last year if the previous 15.4% rise, introduced in September 2011, is taken into account.
2. In a survey by Which? published today (Wednesday 11 January 2012), EDF came out 14th out of 15 for customer satisfaction levels, with greener energy firms such as Good Energy and Ecotricity rating much higher.
3. Friends of the Earth's Final Demand campaign, which was launched in October last year, calls for energy we can all afford and a public inquiry into the power and influence of the Big Six energy companies.
If you're a journalist looking for press information please contact the Friends of the Earth media team on 020 7566 1649.
Published by Friends of the Earth Trust
Last modified: Jan 2012
