Energy supplier EDF has launched a new fixed-rate tariff that not only undercuts the current price cap but also offers a unique cashback bonus for households with smart meters. The deal, which promises to pay customers back for 100 hours of their electricity usage, could see money land in bank accounts by the new year.
A Cheaper Alternative to the Price Cap
The new EDF Simply Fixed Nov26v10 tariff is priced at £1,599 per year for a typical household. This makes it the cheapest fixed tariff currently available from a large supplier. It represents a significant saving of £156 compared to the October price cap, which is set at £1,755 and is expected to rise slightly to £1,758 in January 2026.
Will Owen, an energy expert at Uswitch.com, emphasised the importance of securing a good deal, stating, "Energy prices are set to remain high through the winter, so it’s important that households are locking in lower rates to keep costs down as temperatures plummet."
How to Claim Your 100-Hour Electricity Bonus
The standout feature of this offer is the bonus for smart meter users. Customers who switch to this EDF tariff have a two-week window to download the Uswitch app and connect their smart meter. Once connected, Uswitch will calculate the maximum amount the household spent on electricity over any 100 consecutive hours using historical data.
The calculated amount, which is capped at a maximum of £50, will then appear as pending earnings within the app. Households can withdraw these funds directly to their bank account, with Uswitch aiming for all payments to be processed by the new year.
Step-by-Step Guide to Claiming the Offer
- Run a comparison on Uswitch.com and switch to the EDF 'Simply Fixed Nov26v10' tariff with the 'Uswitch bonus: 100hrs electricity on us' promotion.
- Download the Uswitch app.
- Connect your smart meter to the app within 14 days of switching.
- Withdraw your earnings directly to your bank account once they become available in the app.
A Uswitch spokesperson commented on the app's functionality, saying, "Uswitch’s free app helps households save money with the latest switching deals, daily energy usage insights and chances to earn real cash with energy earning sessions."
This new tariff and bonus offer provide a timely opportunity for households, particularly those on a standard variable tariff, to reduce their energy costs during the expensive winter months.
