This morning Ofgem made their latest price cap announcement and it's good news! Read on to find out everything you need to know the Ofgem 1 July energy price cap 2025 and how this will affect your E.ON Next energy bills.
It's welcome news this morning as it's been announced that the price cap is going down again by 7% this is a decrease of £129 for the average household. Even though the announcement was made this morning, the new rates won't come into effect right away. You'll see the new rates from 1 July 2025 to 30 September 2025.
What is the price cap?
The price cap sets the maximum price per unit (kWh) an energy supplier can charge for your energy, the limit also applies to standing charges. The level of the cap is based on a typical household's annual usage however, you may pay more or less depending on your own energy consumption ⚡The government introduced the price cap in 2019 to protect consumers from paying too much for their energy. It's set by the energy regulator Ofgem & it's currently reviewed four times a year.
The current price cap (1 April 2025 - 30 June 2025) sits at £1,849 however from 1 July 2025 it will change to £1,720
How does this compare to the previous price cap?
As mentioned above the price cap (1 January 2025 - 31 March 2025) currently sits at £1,849 however from 1 July 2025 it will change to £1,720Here's a breakdown:
Will I be affected by the price cap?
If you've got a fixed tariff with us, then it won't affect you (unless your tariff ends within the price cap period) however the price cap will change things for customers on Next Flex - our standard variable tariff and those of you on Next Pledge - our E.ON Next tracker tariff (Next Pledge prices are guaranteed to stay £50 below the price cap!).Where can I find more information?
Ofgem announced the new price cap today 23 May 2025 however we will be keeping this thread updated if there are any changes. Alongside this thread, you can also check out our blog & website too for further updates.🌟 Energy prices are falling, should I fix my tariff?
🌟 What's happening with your bills?
🌟 What is the energy price cap?
Is there any other support available?
Even though the cap is falling we understand that some customers may still be worried about their energy costs however please remember there's lots of support available and we want to help you stay on top of your energy bills. Check out A helping hand - Extra support with the cost of living 🤗 which outlines all the support we offer.You may also find this section of our community helpful: Affordability & Vulnerability where you will find answers to all sorts of questions around the support we offer!
We also have a benefits calculator on our website which is a great tool where you can check your eligibility for certain benefits too.
If you find you're struggling you can get in touch with one of our Energy Specialists who can support you. You can find all of our contact information by visiting this thread 👉 How to contact E.ON Next
Last edited by DebF_EONNext; 10 Hours Ago at 09:34. Reason: formatting
"Green is the prime colour of the world and that from which it's loveliness arises"-Pedro Calderon De La Barca 🌳
E.ON Next Poll - How much do you know about the Priority Service Register? - If you have a spare 2 minutes 🕑 we'd love if you complete our poll about the Priority Service Register 🤗
Wondering about heat pumps? Check out this thread 👉 Air source heat pumps in winter: Busting the myth!