Advice

Compare EDF Energy tariffs

EDF Energy Review

EDF Energy Review - EDF Energy logo on TheEnergyShop.como

Our Verdict

In our experience, EDF Energy operates a professional, reliable and consistent service when it comes to handling new customer energy supply applications.

We like the transparency of their pricing and that their energy tariffs do not have exit penalties as standard. Their advertising, featuring Zingy, is also pretty cool.

With the Blue+Price Promise range of tariffs EDF Energy introduced a promise whereby they would notify customers if there was a tariff that was more than 1 a week cheaper, at average consumption levels, than the tariff the customer had signed up to. This promise did not relate just to other EDF Energy tariffs but also to tariffs from other energy suppliers. That promise has been slightly modified. Customers are now able to see if there is a cheaper tariff, based on your own consumption levels, by checking out either the EDF Energy App or MyAccount function on the EDF Energy website.

From late 2012 EDF Energy withdrew exit penalties from their tariffs and now all new tariffs come without exit penalties as standard.

It probably goes without saying but is worth pointing out nevertheless that, given the financial strength of the group, there negligible financial risk to being on supply with EDF Energy.

We have awarded EDF Energy a 4 star service rating (from 5) and are happy to recommend them to customers.


To compare energy suppliers and switch to a cheaper tariff click here...



Company Description

EDF Energy is commonly referred to as one of the Big 6 energy suppliers supplying the domestic energy market. However, its operations extend well beyond just energy supply.

Although the supply business was incorporated back in 1988, the origins of the current UK group date back in the early 2000's when it was established through a series of mergers and acquisitions that brought together the assets of several energy businesses - London Electricity, SEEBOARD, SWEB Energy and the former Virgin Energy.

Today EDF Energy in the UK is involved in the supply of gas and electricity to commercial, residential and industrial customers and the generation of electricity through a portfolio of generation assets including nuclear, coal, gas and renewable generation.

In generation it owns and operates one gas fired power station (West Burton B CCGT), 2 coal fired power stations (Cottam, West Burton A) and 8 nuclear power stations (Dungeness B, Hartlepool, Heysham 1, Heysham 2, Hinckley Point B, Hunterston B, Sizewell B and Torness). Seven of these are Advanced Gas-Cooled Reactors (AGCRs) and the eight is a Pressurised Water Reactor (PWR).

The company operates 2 gas storage facilities in Cheshire.

EDF Energy is also active in renewable generation. It currently operates 31 wind farm sites and has more coming on stream over the next few years.

In the supply business, EDF Energy had 3.3 million electricity customer accounts and 2.0 million gas customer accounts at the end of 2015. This was a slight fall in customers on 2014.

Going forwards EDF Energy, in partnership with China General Nuclear Corporation, is planning to build new nuclear reactors at Hinckley Point in Somerset, and to work together towards developing proposals for nuclear plants at Sizewell in Suffolk and Hinckley Point in Essex. EDF Energy is also proposing to develop a gas power station at Sutton Bridge.

EDF Energy in the UK is part of the Electricite de France SA group, one of the largest diversified energy companies in the world. At end 2015, the group had net assets of 279 billion Euros.


More about EDF Energy

EDF Energy offers gas only, electricity only and dual fuel tariffs.

EDF Energy does offer tariffs for prepayment meter customers.

EDF Energy is signed up to the Warm Home Discount Scheme.


Service Rating

EDF Energy service rating on TheEnergyShop.com

In this review, we award EDF Energy 4 Stars (from 5) - our second highest rating. This is based on the proportion of switches undertaken on the TheEnergyShop.com that complete successfully first time around. Using our website, 91-95% of customers can expect their switch complete successfully without any glitches.

EDF Energy has always been one of the most consistently highest rates suppliers in terms of proportion of switches that complete successfully. We believe this is down to consistency and reliability in the order processing. We are therefore happy to recommend EDF Energy to our customers if the comparison shows that the tariff is right for them.


To compare energy suppliers and switch to a cheaper tariff click here...



Energy Switch Guarantee

EDF Energy is signed up to the Energy Switch Guarantee.



Fuel Mix Disclosure

All suppliers, including EDF Energy, are required to provide information about the mix of fuels they use to generate the electricity they supply to their customers. They also need to disclose the environmental impact of this fuel mix.

This information is known as the Fuel Mix Disclosure and is published annually.

The table below shows the EDF Energy Fuel Mix Disclosure for the period 1 April 2015 to 31 March 2016.

Energy SourceEDF EnergyUK Average
Coal14.5%17.1%
Natural gas8.6%32.3%
Nuclear64.3%23.7%
Renewables12.3%24.3%
Other fuels0.3%2.5%
CO2 emissions167 g/kWh290 g/kWh
High-level radioactive waste0.0045 g/kWh0.0017 g/kWh

Source: EDF Energy


Compared to the UK average, EDF Energy has a much higher proportion of energy generated from nuclear and a much lower proportion generated from natural gas and renewables. It's CO2 are well below the UK average.

The table below shows the EDF Energy Fuel Mix Disclosure for the period 1 April 2014 to 31 March 2015.

Energy SourceEDF EnergyUK Average
Coal22.6%26.7%
Natural gas6.1%29.7%
Nuclear54.9%22.2%
Renewables16.3%19.3%
Other fuels0.1%2.1%
CO2 emissions229 g/kWh368 g/kWh
High-level radioactive waste0.0038 g/kWh0.0016 g/kWh

Source: EDF Energy


The table below shows the EDF Energy Fuel Mix Disclosure for the period 1 April 2013 to 31 March 2014.

Energy SourceEDF EnergyUK Average
Coal26.8%34%
Natural gas3.5%25.6%
Nuclear56.1%21.6%
Renewables13.5%16.7%
Other fuels0.1%2.1%
CO2 emissions259 g/kWh428 g/kWh
High-level radioactive waste0.0045 g/kWh0.0017 g/kWh

Source: EDF Energy


Company Structure

The company that supplies energy to domestic and business customers in the UK is EDF Energy Customers Plc.

EDF Energy Customers Plc is a wholly owned subsidiary of EDF Energy Holdings Limited (the investment being held through another company called EDF Energy Investments).

Ultimately EDF is owned by Electricite de France SA, a company incorporated in France, which is the ultimate parent company and also the Group Company under which all EDF Energy business activities are consolidated.

It is worthy of note that all these Companies are substantial multi-billion dollar businesses in their own right. Here we present an overview of the supply business (EDF Energy Customers Plc) and the UK Group company (EDF Energy Holdings Limited)

Company nameEDF ENERGY CUSTOMERS PLC
Company Number02228297
Registered Office Address40 Grosvenor Place,
Victoria,
London SW1X 7EN
Date of incorporation8 March 1988
Directors (5)Beatrice Bigois
John Healy
Dmitiri Hovine
Richard Hughes
James Pool
Company SecretaryJoe Souto

EDF ENERGY HOLDINGS LIMITED

The principal activity of this company and its subsidiaries is the supply of gas and electricity to commercial, residential and industrial customers and the generation of electricity through a portfolio of generation assets including nuclear, coal, gas and renewable generation. The group is also involved in the build of new nuclear power stations.

Company nameEDF ENERGY HOLDINGS LIMITED
Company Number06930266
Registered Office Address40 Grosvenor Place,
Victoria,
London SW1X 7EN
Date of incorporation10 June 2009
Directors (8)Vincent de Rivaz
Xavier Girre
Robert Guyler
Henri Lafontaine
Marianne Laigneau
Jean-Bernard Levy (Chairman)
Herve Machenaud
Pierre Todorov
Company SecretaryGuido Santi

Financials

In this section we review the published financial results for EDF Energy Customers PLC.

EDF ENERGY CUSTOMERS PLC

Year ended31 December 201431 December 2015
Customer accounts (m)5.15.0
Income Statement (£m)
Revenue6,442.76,372.8
Profit before tax360.7(129.0)
Balance Sheet (£m)
Fixed assets544.6536.7
Net current assets(1,104.5)(1,152.3)
Non current liabilities(218.2)(222.9)
Net assets(778.1)(838.5)
Capital and Reserves (£m)
Share capital9.69.6
Profit and loss account(787.7)(848.1)

Source: Companies House

EDF ENERGY HOLDINGS LIMITED

Year ended31 December 201431 December 2015
Customer accounts (m)5.15.0
Income Statement (£m)
Revenue8,5678,440
Profit before tax564(296)
Balance Sheet (£m)
Fixed assets24,98224,027
Net current assets2,7202,716
Non current liabilities(10,780)(9,856)
Net assets16,92216,887
Capital and Reserves (£m)
Share capital16,65816,220
Profit and loss account229720

Source: Companies House

Profits of these businesses have been volatile and indeed both companies suffered losses in 2015. This reflects the underlying volatility of the energy business. Nevertheless, the group has such massive asset backing, both in the UK and internationally, that there is negligible financial risk to customers. In the UK alone EDF has assets of over 16 billion.


Click here to learn about EDF Energy tariffs



Back to Energy Suppliers