E.ON Saveonline 3

kroxx

Hi, I am currently on the E.ON Saveonline 3 tariff and am a bit confused.... should I switch or not?? USwitch shows that my biggest saving is -£239 if I switch to EDF Fixed Saver 2 Dual Fuel. As E.On havent put there prices up yet will I be saving much when they do.... Average payment per month is £130 (summer) £180 (winter) :question:

Pincher

Scenario one
========

You wait till SaveOnline 3 has only two weeks to expire,
and initiate the switch. You submit a reading on expiry, request a bill. You pay E.On standard rate for a couple of weeks, and then the switch takes effect.

The fear is that the EDF deal disappears before you apply.

Scenario two
========

You switch now, which ensures you get the EDF deal, but you will start paying more earlier.


Go for scenario 1, it allows for the possibility that:

1. USA economy double dips, pulls down the rest of the world.
2. Demands for goods reduce, price for energy and commoditiies crash.
3. Oil and gas price come down, variable energy price come down.
4. We can laugh at the people who are paying 20% more on fixed tariffs.


All depends on the US collapses before your SaveOnline 3 expires, of course.
A pro-active person would ring the Chinese finance minister, and ask him to dump American T-bills (bonds).

kroxx

Expire? Im not quite up to date on tarriff's, but do they all expire at some point, am I only on this plan for a certain length of time?? thanks for your reply

Pincher

Reality one
=======

SaveOnline 3 is forever.
Why would you switch away from it,
since it is £200 cheaper than any other available tariff?

Reality two - main sequence
==================

SaveOnline 3 expires after about a year.
On expiry, E.On puts you on standard tariff, with no exit penalty.



My favoutrite Reality
=============

FixOnline 8 is Forever.

Former_E.ON_Company_Representative:_Malc

kroxx wrote: »

Expire? Im not quite up to date on tarriff's, but do they all expire at some point, am I only on this plan for a certain length of time?? thanks for your reply

Hi kroxx

Saveonline 3 ends on 1 November 2011.

As Pincher says, after this and unless you tell us otherwise, we'll automatically put you on to our standard online product, EnergyOnline.

Hope this helps kroxx. Give me a shout if you need any more info.

Malc

kroxx

E.ON_Company_Representative:_Malc wrote: »

Hi kroxx

Saveonline 3 ends on 1 November 2011.

As Pincher says, after this and unless you tell us otherwise, we'll automatically put you on to our standard online product, EnergyOnline.

Hope this helps kroxx. Give me a shout if you need any more info.

Malc

so if E.ON prices rise soon, mine will stop the same until NOV 1st

kroxx

Pincher wrote: »

Reality one
=======

SaveOnline 3 is forever.
Why would you switch away from it,
since it is £200 cheaper than any other available tariff?




My favoutrite Reality
=============

FixOnline 8 is Forever.

Because I didn't realise that saveonline 3 was fixed, I thought that if E.ON prices went up so did saveonline 3

Former_E.ON_Company_Representative:_Malc

Hi kroxx

Unfortunately, Saveonline 3 is a variable price and not a fixed price product.

Consequently, the unit prices will increase if we raise our standard prices.

Sorry for the bad news kroxx. Again, let me know if you need any more details as happy to help.

Malc

Pincher

kroxx wrote: »

Because I didn't realise that saveonline 3 was fixed, I thought that if E.ON prices went up so did saveonline 3

SaveOnline 3 is VARIABLE, not fixed.

You retain the online discount of SaveOnline 3, so the increase will have to be A LOT to make you pay more than the EDF fix during August, September and October.