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25% drop in UK profits for EDF Energy

25% drop in UK profits for EDF Energy

EDF Energy has reported a 25% fall in profits at it’s UK operations. The French-owned company said it made pre-tax profits of £649 million in the UK last year compared to £863 million in 2013, “reflecting challenging market conditions”.   ...

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Ovo Energy comes top in customer approval rating

Ovo Energy comes top in customer approval rating

MoneySavingExpert.com has performed a survey in customer approval, where independent energy supplier Ovo Energy has come first in customer satisfaction. 82% of their customers said that the company’s service over the last six months has been “great” as compared to ...

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EDF commissions 2 new wind farms

EDF commissions 2 new wind farms

EDF’s UK renewable arm has commissioned 2 wind farms totalling to 11.3 MW. The first is the M1 windfarm near Northampton, which has a capacity of 7.2 MW and features nine turbines. The second is the Burnfoot North project in ...

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EDF Energy opens new wind farm and gas power station

EDF Energy opens new wind farm and gas power station

EDF Energy opened a new wind farm and a gas plant yesterday at West Burton in Nottinghamshire. Energy Minister Michael Fallon joined EDF Group Chairman and CEO Henri Proglio to open the Teeside offshore wind farm and the West Burton ...

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Consumers should use caution when opting for fixed energy deals

Consumers should use caution when opting for fixed energy deals

Energy customers are being warned to be wary of choosing fized price energy deals ahead of expected price cuts next month. Several of the main suppliers have announced they will be reducing prices if the chancellor confirms a change to ...

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EDF Energy is fifth in line to increase bills

EDF Energy is fifth in line to increase bills

EDF Energy has announced an average price rise of 3.9% from 3rd January 2014. They are the fifth of the big six to raise prices, and said they were holding back rising costs, including from the Energy Company Obligation (Eco) ...

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Agreement reached over Hinkley Point C

Agreement reached over Hinkley Point C

EDF Energy and the GMB and Unite trade unions have come to an agreement for workers build the new nuclear plant at Hinkley Point. The deal follows similar agreements with unions in June 2013 for civil workers, in addition to ...

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Sizewell C a step closer to getting the go ahead

Sizewell C a step closer to getting the go ahead

The new Sizewell C nuclear power plant is today a step closer tonight after a deal has been made for Hinkley Point C, after months of negotiation. The government has finally given Hinkley Point C in Somerset the green light ...

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EDF Energy launches auto-rollover contract with no exit fee for small businesses

EDF Energy launches auto-rollover contract with no exit fee for small businesses

A new auto-rollover contract has been launched by EDF Energy for small businesses, with no exit fee. It will be a 12 month fixed deal for small businesses who are on automatic renewal contracts, and should the customer change tariffs ...

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EDF Energy announces half year profits of £471m

EDF Energy announces half year profits of £471m

UK energy supplier EDF Energy has announced operating profit for the first half of this year at £471m. The company increased earnings before interest, tax, depreciation and amortisation (EBITDA) to £903m up 3 per cent on the first half of ...

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