EDF launches new energy tariff without standing charge to ‘significantly’ reduce bills | Personal Finance | Finance
EDF has launched a new solar tariff featuring daily off-peak discounts, zero standing charges, and no exit fees to help “significantly” reduce customers’ energy bills.
The tariff is exclusively available to new customers who install a solar panel and battery bundle through EDF’s solar installer, Contact Solar.
EDF said typical energy users could reduce their electricity bills to “almost zero” thanks to the energy generated by the panels and optimised through the battery.
The new tariff shapes part of EDF’s “commitment” to helping customers save cash and carbon.
The one-year introductory offer marks the first of the energy supplier’s exclusive solar ‘net zero home’ product and tariff bundles following its acquisition of Contact Solar earlier this year.
Alongside zero standing charges, the time-of-use tariff helps customers save money by providing three hours of discounted, zero-carbon electricity every day between the hours of 1am and 4am.
The discounted night rate has been designed to optimise battery charging.
Whether it’s low sunshine during winter months, or overnight, customers can significantly reduce their reliance on the grid in peak hours by charging the battery in cheaper hours.
Philippe Commaret, managing director of Customers at EDF, said: “We know more and more people are looking for ways to save cash and carbon, which is why we’re pleased to bring this unique solar product bundle to the market.
“Working closely with Contact Solar, we look forward to helping more customers enjoy the benefits of solar panels, providing them with a fantastic end-to-end installation service and significant reductions on household bills.”
Tom Taylor, director at Contact Solar, added: “We’re delighted to now be a fully integrated part of EDF, bringing exceptional new benefits to customers such as this new exclusive energy bundle.
“With an incredible £500 discount on solar and battery installations for the first 500 customers, we look forward to helping more customers install solar technology in their homes as the country progresses towards a greener future.”
EDF and Contact Solar are offering £500 off new solar panels and battery installations for the first 500 customers signing up for the bundle, as well as nothing to pay until the system is fully installed.
