Being misled on statement

  • meldrewreborn's Avatar
    Level 91
    My bill/statement arrived this morning dated 3 Dec 2024. So far so good.

    on the electricity side, under "could you save money and pay less?" I'm told that your cheapest tariff for electricity is Next Reward Days fixed 12m V2, and I could save £40.47 by switching.

    Except I can't switch to that tariff because V2 has been replaced by V3. And V3 can't save me anything at all because the unit rate is higher than my current Next Fixed 12m v28 by 1.34p per kWh (vat inc) while the standing charge is exactly the same!!

    Now if I were on say Next Flex it might save me money, but that's academic because I'm not on that tariff. The statement claims that I could save £40.47 a year, but on the v3 rates it would not be possible to save that amount at my level of consumption, nor in fact would it be possible to save anything at all ( i can't see V2 tariff rates only V3).

    While I appreciate that this is meant to assist customers it clearly doesn't in this case.

    Could I suggest that advertised switching options remain valid for 1 week from date of statement, and that more care is taken to compare the advertised option with the customers actual tarrif details.

    Interestingly, the claimed reduction was only for electricity, for gas I'm apparently on your cheapest tariff, but can i trust that?
    Current Eon Next customer, ex EDF, Zog and Symbio. Don't think dual fuel saves money and don't like smart meters. Chronologically Gifted. If I offend let me know by private message, but I’ll continue to express my opinions nonetheless.
  • 3 Replies

  • Mailman's Avatar
    Level 60
    @meldrewreborn

    I got my statement on 2nd Dec and I too got this v2 tariff you are referring to. I did some number crunching on this and it was marginally cheaper but not enough to jump ship. I'll check on my spreadsheet in the morning and also run the v3 tariff numbers and get back to you. I agree with your general principal though and would have assumed that the 'offer' was good for at least 1 day.
  • Andy65's Avatar
    Level 47
    @meldrewreborn

    I always take those 'could save' with a pinch of salt because of the consumption figures they use to calculate it, but you are spot on that whatever tariff is being suggested should at least be current and available for several days.

    I can't check my latest bill because they haven't pulled meter readings for November or sent me a bill, I could submit my own readings but that would defeat the object of having smart meters!
  • geoffers's Avatar
    Level 36
    ....Interestingly, the claimed reduction was only for electricity, for gas I'm apparently on your cheapest tariff, but can i trust that?
    I very nearly switched from Drive V3 to Drive V4 as the electricity savings were genuinely good, bit they'd sneakily upped the gas tariff & s/c so overall it would have cost a lot more ... grrrr

    I rarely pay any attention to the suggested tariff savings: Previously when I was with BG I would get an email saying which tariff would save me money, but when I logged in to change that tariff often no longer existed, so it's not only EOn who are misleading.