switch power

margaret_rake

I am now considering switching to E.on protection 18, which ensures that if prices fall so does the price i pay. I am still nervous as to what i should expect in regards to bills from my previous companies ie. British gas and NPower can any one advise as to whether i will get large bill and what if its more than i can pay?

fatlad1971

margaret_rake wrote: »

I am now considering switching to E.on protection 18, which ensures that if prices fall so does the price i pay. I am still nervous as to what i should expect in regards to bills from my previous companies ie. British gas and NPower can any one advise as to whether i will get large bill and what if its more than i can pay?

depends on how much energy you have used and if you monthly DD covers it , read your meters and check where you current supplier has billed you to.

As we are coming out of the summer season with any luck you should be ahead and may have built up credit for the winter months . If you do owe and its more than you can pay them it depends on your current suppliers processes.

moredough

margaret_rake wrote: »

I am now considering switching to E.on protection 18, which ensures that if prices fall so does the price i pay. I am still nervous as to what i should expect in regards to bills from my previous companies ie. British gas and NPower can any one advise as to whether i will get large bill and what if its more than i can pay?

I think you'll find that with E.ON Price Protection 18 It doesn't say your prices WILL come down, It says they COULD
Eon's site says. With our Price Protection 18*, if electricity and gas prices go up, your prices won't go beyond your capped rate. If our standard prices come down, your prices could too.

brysiewysie

moredough wrote: »

I think you'll find that with E.ON Price Protection 18 It doesn't say your prices WILL come down, It says they COULD
Eon's site says. With our Price Protection 18*, if electricity and gas prices go up, your prices won't go beyond your capped rate. If our standard prices come down, your prices could too.

That's because if they go up and then down the v18 price won't be reduced unless the standard price drops below the starting v18 price. So if prices went up 10% and then down 5% v18 wouldn't move and you wouldn't get a price reduction. If the subsequent price reduction was 15% you would get a decrease on v18 because prices would have dropped on standard tariffs below the rate it was when v18 was started.

I've probably made that too complicated but I hope it makes sense to some.

paulonline123

I would advise E.On's 2010 as the best deal, its a decently long rate to fix and the only real competitor for it is BG's 2012 which to be blunt is crap (and I work for them lol).