[carsey1990]

Hi all

Currently on the E.ON Next Fixed 18m v10 (18mnth fix) tariff and have 1year left on it. The current rates are at the bottom of this post. I had a look on the energy account dashboard and can see that there is a cheaper tariff available which is the Nest Fixed 12m v62.

Current usage is around 160kWh on the electric each month and 100kWh on the gas ON AVERAGE across the 6months ive been moved in so far. Obviously summer months a LOT less vs the winter months.

Even on the standing charges for both fuels I would be saving £41 in standing charges alone.

Big question is should I wait until 1st July for a fix or change now?

Elec:
Unit rate 22.53p per kWh
Standing charges 65.42p per day / £238.73 per year

Gas:
Unit rate 6.06p per kWh
Standing charges 31.73p per day / £115.81 per year

New tariff to consider:

Next Fixed 12m v62

Elec:
Unit rate 22.48p per kWh
Standing charges 55.97p per day / £204.29 per year

Gas:
Unit rate 5.96p per kWh
Standing charges 29.90p per day / £109.14 per year

[geoffers]

@carsey1990 - if there's no charge for changing tariff internally there's no reason not to change straight away.

One thing to be aware of if you leave it is that that tariff may no longer be available in July: there could be better or worse ones available then, so I guess it's your call

Also worth considering is you can select separate tariffs for gas and electricity - I've done this on Next Drive, but it does require arranging over the phone

[meldrewreborn]

@carsey1990.

so long as your tariffs are penalty free if you stay with Eon Next, you can change as often as you like.

also note that when changing tariffs you don’t have to take both fuels from the offer, you can have gas on tariff A, and electricity on Tariff B - although you’ll have to phone up to do it.

[carsey1990]

Thanks for the replies so far.

I guess that if I switched again to Eon, say further in the year, for example August, then that would be penalty fee free given it was a swap to Eon?

I was sure that the plan I signed up for in December 24 had a £50 fee per fuel as early exit charges.


The current tariff runs out on 18th June 2026 so would be the same fixed tariff end date if I dropped onto the newer 12month tariff of the cheaper plan.

Of course, I guess it is all crystal ball stuff as to whether its worth doing now or in July.

Does anyone know if the current plans have been reflected in the upcoming price cap changes on 1st July?

[meldrewreborn]

@carsey1990

you need to check what the terms were on your current contract. You can always enquire of Customer Services to ascertain the position, but as far as I'm aware most tariff swap are penalty free IF you stay with Eon Next. It serves to keep customers.

Fixed price tariffs are not linked to price cap changes, but more to forward pricing on international energy markets. Given recent events in the Middle East, I doubt that lower fix price offerings are imminent, more likely that new higher priced offering will emerge.