Confused.com: EDF energy price cuts

Following hot on the heels of Scottish & Southern Energy's announcement of its forthcoming energy price reductions, EDF's pledge to reduce its Annual Fix from a national average cost of £1,173.05 to £1,107.71, is similarly disappointing.

Gareth Kloet, head of utilities, at Confused.com, says: "While EDF has reduced the price of its Annual Fix tariff, this is yet more evidence of energy companies making small gestures, when it comes to alleviating pressure on their customers, rather than opting for wide-ranging reform which could benefit millions.

"Unfortunately, it is evident that the remaining energy companies, which have not already made changes to their retail prices, are in no hurry to do so. Confused.com would recommend that customers switch to a better tariff, or energy provider, as soon as possible, by shopping around for the best deals on the market.

"It will not benefit consumers to hang around in the hope that their supplier will drop the price of the tariff that they are on. As long as customers choose tariffs which will not penalise them with exit penalties, there is no reason why they cannot switch now and then switch again once all of the ‘big six' energy companies have shown their hands.

"Switching through comparison sites will not cost consumers anything but a few minutes of their time, especially if they are currently in credit, but it could save consumers significant amounts of money and, crucially, could encourage energy providers to become more competitive in the future."