@meldrewreborn
Depends what the v14 rates were to start with, but E.On Next's own blurb says.
Unit price reductions of up to 17p/kWh for electricity and 4.2p/kWh for gas (1 October to 31 December 2022) and 31.8/kEh for electricity and 6.4p/kWr for gas (1 January to 31 March 2023) will apply to fixed tariff customers to bring their unit prices down to, but not below, the floor unit price. Customers on fixed rate tariffs that are already below the floor unit prices will continue to enjoy those low prices, but won't receive a further discount for the duration of their fixed term.
For the small number of customers who fixed at a high rate exceeding the October Ofgem price cap of £3,549 (£3,674 paying on receipt of bill), they will receive the full discount of 16.998p for electricity and 4.2p for gas (1 October to 31 December 2022). From 1 January 2023 the discount will be 31.8p for electricity and 6.4p for gas (1 January to 31 March 2023) when the price cap rises to £4,279.
We will adjust fixed tariffs automatically. Customers on fixed tariffs do not need to take any action to get the benefits of this scheme which will remain at the same level as of 1 October 2022. Those fixed customers who are already below the floor will not see a benefit from the EPG.
What we need to know from the OP is when did his tariff change?
Depends what the v14 rates were to start with, but E.On Next's own blurb says.
How the Energy Price Guarantee will affect you.
Fixed tariff customers.
The government has introduced a floor unit price because some people will have fixed at much lower prices some time ago, meaning their annual payments will already be below the £2,500 average set by the government’s Energy Price Guarantee (EPG).Unit price reductions of up to 17p/kWh for electricity and 4.2p/kWh for gas (1 October to 31 December 2022) and 31.8/kEh for electricity and 6.4p/kWr for gas (1 January to 31 March 2023) will apply to fixed tariff customers to bring their unit prices down to, but not below, the floor unit price. Customers on fixed rate tariffs that are already below the floor unit prices will continue to enjoy those low prices, but won't receive a further discount for the duration of their fixed term.
For the small number of customers who fixed at a high rate exceeding the October Ofgem price cap of £3,549 (£3,674 paying on receipt of bill), they will receive the full discount of 16.998p for electricity and 4.2p for gas (1 October to 31 December 2022). From 1 January 2023 the discount will be 31.8p for electricity and 6.4p for gas (1 January to 31 March 2023) when the price cap rises to £4,279.
We will adjust fixed tariffs automatically. Customers on fixed tariffs do not need to take any action to get the benefits of this scheme which will remain at the same level as of 1 October 2022. Those fixed customers who are already below the floor will not see a benefit from the EPG.
What we need to know from the OP is when did his tariff change?
Last edited by retrotecchie; 12-12-22 at 23:51.
Don't shoot me, I'm only the piano player. I DON'T work for or on behalf of EON.Next, but am willing to try and help if I can. Not on mains gas, mobile network or mains drainage. House heated almost entirely by baby dragons.
