[Geebee269]

Hi, I am super confused about the new price cap mainly because my fixed rate deal ends on the 17th April. I'm in an old cold terrace house, just had a new boiler and a smart meter fitted though. Am I best signing a new deal now before the prices go up, the advice I've seen seems to suggest doing nothing and letting yourself be moved onto standard rates so you are protected or something? Any help is much appreciated, like everyone I'm worrying about seeing my bill actually double

[meldrewreborn]

Coming off of a fixed rate and onto the variable price cap in April will see your bills go up very sharply. if you log into your online account you may be able to see what fixed price tariffs are open to you.
The price cap rates haven't been published by Eon next yet i think. So its very difficult to do a comparison.

I've calculated this data price cap data for Apr 2022 from the Ofgem data for electricity on single rate tariff paying by Direct debit. I provide it as an aid but accept no responsibility for any errors.

Electricity Maximum standing Charge per day Maximum charge per kWh if maximum standing charge applied East Midlands 0.43 0.263 Eastern 0.36 0.278 London 0.31 0.282 Midlands 0.46 0.265 N Wales and Mersey 0.45 0.282 North West 0.40 0.267 Northern 0.47 0.258 Northern Scotland 0.48 0.266 South East 0.40 0.281 South Wales 0.46 0.269 Southern 0.41 0.271 Southern Scotland 0.47 0.265 Southern Western 0.49 0.271 Yorkshire 0.46 0.261 El
And this table is for gas: GAS Maximum standing Charge per day Maximum charge per kWh if maximum standing charge applied East Midlands 0.26 0.069 Eastern 0.26 0.070 London 0.26 0.072 Midlands 0.26 0.070 N Wales and Mersey 0.26 0.070 NorthWest 0.26 0.070 Northern 0.26 0.069 Northern Scotland 0.26 0.070 SouthEast 0.26 0.070 South Wales 0.26 0.071 Southern 0.26 0.071 Southern Scotland 0.26 0.070 Southern Western 0.26 0.071 Yorkshire 0.26 0.069

All prices include Vat and are in pounds (so typically 26 p per day standing charge in Yorkshire for gas plus 6.9 p per kWh)
Hope this helps. Prices are likely to increase again in October 2022.