EDF tells customers their bills will soar by average of £693 a year after price cap hike

Energy firm EDF has told customers to expect an average rise in their bills of £693 a year.

It follows energy regulator Ofgem saying the energy price cap will rise by 54 per cent in April.

The Mirror reports that EDF will put its standard variable tariff (SVT) to an average of £1,971 a year based on typical use from April 1, 2022.