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E.ON clause

tgon
tgon Posts: 710 Forumite
Part of the Furniture 500 Posts Combo Breaker Mortgage-free Glee!
Switching to E.ON Saveonline 4 would seem to save me £161/yr but a clause has left me a little confused."After 15th January 2012 customers will be moved on to one of E.ON's EnergyOnline plans."

I can assume this is the same thing but could it also mean another online plan that may not meet the anticipated savings?

Comments

  • t0rt0ise
    t0rt0ise Posts: 4,398 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Yes it would mean what you said. When the contract finishes you need to see what you want to move to. Put the date in your diary and do your research then.
  • Parva
    Parva Posts: 1,104 Forumite
    I too have just moved to the same plan and whilst I'm stuck with them until 2012 now (or pay a £30 fee to get out) the plan seemed the best long-term bet for me and bearing in mind all of the other energy companies putting their prices up and as far as I know E.On still have not announced a price rise I think it was a good choice. :)
  • tgon
    tgon Posts: 710 Forumite
    Part of the Furniture 500 Posts Combo Breaker Mortgage-free Glee!
    I've not moved from Atlantic yet - E.ON just seems the best move to make but I'll wait until after 15th Jan to see if its still the best move.
  • Meadows
    Meadows Posts: 4,530 Forumite
    Mortgage-free Glee! Hung up my suit! Xmas Saver!
    tgon wrote: »
    Switching to E.ON Saveonline 4 would seem to save me £161/yr but a clause has left me a little confused."After 15th January 2012 customers will be moved on to one of E.ON's EnergyOnline plans."
    I can assume this is the same thing but could it also mean another online plan that may not meet the anticipated savings?

    Once your plan comes to an end you will be switched to a Standard Tariff, at that point go online and select another better priced plan.
    Everything has its beauty but not everyone sees it.
  • Hi tgon

    The clause you mention refers to what happens when a product reaches the end of its allotted term.

    E.ON Saveonline 4 ends on 15 January 2012.

    When fixed term contracts like this approach their expiry date, we send out letters advising customers of the imminent end of their deal.

    If we don't hear from a customer otherwise, their account will automatically be switched to our standard online product (currently called EnergyOnline) to cover energy usage after 15 January 2012.

    Although this standard product will not be as cost effective as Saveonline 4, it does not have any tie-ins leaving you free to change tariff/supplier at a later date if you wish.

    Hope this explains the clause you asked about tgon.

    Malc
    Official Company Representative
    I am an official company representative of E.ON. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"
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