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MSE News: Eon becomes last of big six to hike energy prices
Former_MSE_Helen
Posts: 2,382 Forumite
in Energy
"Eon's prices will rocket by an average 8.7%, hitting four million users in the pocket..."
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With the effects of Ofgem's Retail Market Review feeding through to energy supplier's Standard Licence Conditions from the summer, it seems to me that energy price increases next year are likely to be even higher than this year's as suppliers will be required to coerce it's "sticky" customers onto cheaper tariffs.
It seems possible that the concept of "cheap" tariffs may disappear altogether if this coercion works.
Warning: In the kingdom of the blind, the one-eyed man is king.
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