EDF to pass on savings to customers if ECO costs are cut

EDF Energy have pledged to pass on savings to customers if the Government makes changes to the cost of social and environmental programmes.

It said the move comes in advance of a review of these schemes by the Government after Prime Minister David Cameron pledged to "roll back" green energy levies.

EDF have warned consumers that there may be further rises. Credit: PA Wire

The statement read: "If the Government makes bigger changes to the costs of its social and environmental schemes than EDF Energy has anticipated, the company pledges to pass these savings onto customers.

"However, if changes to social and environmental programmes are less than anticipated, the company may have to review its standard variable prices again."

Read: Energy Sec: Energy customers 'are not just cash cows'

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EDF puts prices up by 3.9%

EDF Energy has become the latest "big six" supplier to increase its gas and electricity prices, as it revealed tariffs will rise by 3.9% in January.