Is a new wave of price hikes about to hit the energy market?

harz99

Sosumi, your posts would be a lot more useful if you cut the words, cut the boasting, cut the smilies, cut the sarcasm, cut the sharp tone,and just explained yourself in simple terms.

You have some useful information to impart, but it's getting lost in all the junk.

Smodlet

Gee, I wonder if the next MSE collective switch will go to Eon...

harz99

It may do Smodlet, who knows. Too late a start date for me though. I'm dissapointed that MSE left it so late to start a bidding process for another collective to replace the Eon September 2015 one.

fredandwilma

All the indications are the energy market has "bottomed," as i said a few weeks ago,

http://forums.moneysavingexpert.com/showthread.php?t=5510006

and i shall be watching with interest for the results of the CEC collective and all the other collectives in October.

You definitely have to be on top of the game with regard to switching, registering for collectives and watching for new tariffs, unless you're happy to fix and forget?


Everyone does what is right for them when it comes to choosing tariffs and suppliers, although some may be blinded by what they are told. I fixed for 2 years as i preferred to know almost exactly what my energy bills will be for the next two years, particularly in the winter and particularly when it looks like price hikes ARE about to hit the market.


Incidentally, the E.on Fixed 1 Year version 19 tariff started on the 20th January 16 and was extended until the 8th February 16. It was replaced with version 20 which started on 9th February 16 meaning it was only available for 2 weeks and 5 days. You had to be on the ball to catch that one. The E.on fixed 2 year collective worked out marginally cheaper for me than fixed v19 so there was no contest in my decision to fix for 2 years given I'm happy with all the other discounts Eon offer, including the warm home discount, worth another £140 pa, so companies like Zog just can't compete for my custom. I take many factors into consideration.


That said, i have already registered for several collectives, but it will depend which companies win the auctions and how competitive their unit rates and standing charges are. If E.on win an auction, i'd be surprised if they offer better rates than I'm already on, however i could get £30 cashback?

I'm sure many people will watch with interest as the CEC collective is the first post brexit collective / since prices have started to rise?

I'm happy to watch from the sidelines.


Incidentally, i have switched, (all with E.on,) 3 or 4 times since the "MSE" or CEC collective in September 2015. Therefore, E.on have had 3 or 4 cheaper tariffs since the "MSE" collective in September 2015.

Smodlet

Thank you, fredandwilma, for being so clear without being patronising and, imho, smug, chauvinistic and sexist while failing to be funny. I find all such traits a complete turn-off so stop reading, even though I do actually want to find stuff out. Again, thank you.

thor

teddysmum wrote: »

As usual: Prices rise and charges go up immediately. Prices drop and charges take ages to fall, if at all.

Can't wait for all that cheap wholesale fuel bought 18 to 12 months ago to begin feeding through soon. It was the utilities' excuse for not passing on properly any price falls when we had a glut of oil that they buy a year or two ahead. This is why we got those miserly 5% reductions in electricity(and no falls at all for gas).

Former_E.ON_Company_Representative:_Malc

st999 wrote: »

My Eon MSE fix ends on 23 Sept 2016, I was waiting to see if there is going to be another MSE deal before then.

Should I swap now or wait until nearer then?

Wish I had a crystal ball.

Just a quick heads up st999 and sorry if you already know but, as your current E.ON deal ends on 23 September, you'll be inside the Price Protection window. You'll still be inside this window when the proposed new MSE collective is announced. This window is open 49 calendar days before a tariff ends until 20 working days after. During this time and provided we're told, we'll keep you on the same prices as now whilst a change of supplier goes through. Exit fees also don't apply when in this window.

Hope this is of interest st999.

Malc

Former_E.ON_Company_Representative:_Malc

Pincher wrote: »

I do fancy going back to E.On, but they never have a decent offering.

Smodlet wrote: »

Yes, I'm with you, there, Pincher. I think Eon's customer service and online services leave nPower's standing but their cheapest tariff would cost me £10 per month more. I'd rather put up with nPower.

harz99 wrote: »

Would've preferred to stay with Eon or move to EDF but the tariffs they have simply don't compete.

Thanks for the positive feedback all. Glad our service has been up to scratch whilst you've been with us and fully understand why you're moving/moved.

Malc

Sosumi

thor wrote: »

Can't wait for all that cheap wholesale fuel bought 18 to 12 months ago to begin feeding through soon. It was the utilities' excuse for not passing on properly any price falls when we had a glut of oil that they buy a year or two ahead. This is why we got those miserly 5% reductions in electricity(and no falls at all for gas).

There is, however, THIS.

harz99 wrote: »

Sosumi, your posts would be a lot more useful if you cut the words, cut the boasting, cut the smilies, cut the sarcasm, cut the sharp tone,and just explained yourself in simple terms.

You have some useful information to impart, but it's getting lost in all the junk.

harz99,

Your posting is rich in some of the traits you criticise in me.

The only charge I levelled at you was that it was provably untrue and unfair to claim of E.ON that “the tariffs they have simply don't compete.” They do, and have done, if you are prepared to go and look for them. But you haven't been.

Whatever I thought, personally, of the mentality and attitude displayed in what you had written earlier, I resisted commendably the urge to call you a lazy fool who sits on his/her butt, can’t be bothered to investigate what else is freely available in the domestic energy market and expects, instead, to be spoon-fed a cheap tariff once a year by Martin Lewis. And politeness forbids me publicly to opine that now.

What I would point out is that Martin Lewis’ whole ethos is to show people what is possible and teach them to then fend better for themselves, not to slump on to a drip-feed of charity supplied by other people’s effort.

I abide by the Forum Rules. I try to help people to master the increasingly complex art of finding cheaper energy prices for themselves at a time when prices are rising – and if you don’t like the style in which I do it you are free to skip past my postings or put me on your Ignore list.

The overriding importance on this site is that people who turn to it for advice on things that are unclear to them are given it accurately and that factual inaccuracy is weeded out before it leads them to make errors that they can perhaps not afford. The manner in which that’s done is subservient to this imperative, even if it offends those with delicate sensibilities.

Correct advice and facts expressed bluntly (or even wordily) are far more valuable – especially to those on the breadline and struggling to make ends meet – than incorrect advice and assertions posted genially that could bankrupt them.

And, like it or not, that's the bottom line, here. :cool:

Smodlet wrote: »

Thank you, fredandwilma, for being so clear without being patronising and, imho, smug, chauvinistic and sexist while failing to be funny. I find all such traits a complete turn-off so stop reading, even though I do actually want to find stuff out. Again, thank you.

Smodlet,

It would seem that you don’t even bother to read your own postings (turn-offs or otherwise) before you submit them.

In your rush to unleash bile, the construction and punctuation of your opening sentence is so ambiguous that a libel lawyer would ask you to explain and justify why you are calling fredandwilma “smug, chauvinistic and sexist while failing to be funny.”

Please don’t ever ask me again to spend my time and effort clarifying for you personally a perfectly cogent posting of mine that you haven’t read properly. And please do not again, as a result of the latter, misquote what I have actually written.

As to the rest, I refer you to the final four paragraphs of what I wrote hereabove to harz99.



fredandwilma.

Yet another excellent posting by you! :T

Being as astute as you are, I’m sure you’re aware who’s been thanking you for them (and who hasn’t).

I always feel that it must be very disappointing and disheartening for you when you put so much effort into trying to help people and nobody (else) bothers to even acknowledge it.

Well, you know by now that I appreciate them all, anyway.


By the bye, I suspect that your superb attention to detail may have led you to wonder how, as an existing E.ON customer, I was able to manipulate the system to make v19 run, for me, to the end of March, when it was withdrawn from offer on 9 February. If you aren’t already aware of it, you might find it helpful for you on a future occasion; so, let me explain.

I entered the year part way into a one-year fix on E.ON from U-Switch the previous October.

When E.ON released its own, excellent, v18 one-year fix on 20 January it caught my attention and I was still considering it when E.ON’s meter reader happened to come the following morning. So, with new and official meter readings already in the bag, I switched to it that afternoon.

The following day, 22 January, E.ON released its own v19 fix, which was marginally better. (I’ve been told by a number of people at E.ON that it was highly miffed that its market-leading v18 was topped the next day by what they called one of the “pipsqueaks” in the industry: so, it immediately released v19 to beat that!i.

Now, normally, if you change tariffs within E.ON it gets back-dated to the day that you applied for it. So, if I had simply hopped over to v19 immediately, my v19 fix would have ended in January 2017.

But, I like my fixes, whenever possible, to run to the end of a winter. And E.ON’s v18 was a good tariff to be on anyway.

E.ON’s Malc, bless him, kept everyone here advised of when v19 was to be withdrawn from offer.

And E.ON’s Helena, bless her, had explained to me how to use an E.ON online tool called Forward Fixing that I had spotted when switching to v18. Basically, it enables you to secure safely one of E.ON’s own fixes online but delay the switch itself from actually taking effect by up to 55 days (even if it is withdrawn from offer in the meantime).

So, I waited (on v18) until Malc signalled that v19 was going to be withdrawn from offer on 9 February and did a Forward Fix to v19 on 8 February, so that it would take place 55 days later, at the end of March. By doing that, I was able to get what I particularly wanted – a fix on v19 that would see me through until the end of winter in 2017.

That was a cheap fix on E.ON that was available to anyone but which went unnoticed by those who couldn’t be bothered to look for one and now claim that they don’t exist. Those who, unlike you and I, didn’t avail themselves of v19 when it was on offer have only themselves to blame if they now face their MSE summer 2015 fix with E.ON expiring imminently, with no cheap E.ON fix currently available to which to switch before it does.

Anyway, F&W, do, if you haven’t already done so, add E.ON’s Forward Fixing tool to your personal armoury of weapons to deploy when tariff-hopping between E.ON’s own fixes. (Sadly, it doesn’t appear to be offered, currently, when switching or tariff-hopping to a collective fix.)


And hey! Don’t forget. when listing the merits of E.ON, the E.ON points which you can earn and convert to Tesco points. We get our full allowance of 1,500 every year!

Bravo, again. You and I live in different regions and I don’t qualify for Warm Home Discount, myself, but I always find it very reassuring that, otherwise, I am completely in step with such a master as you of fixing on E.ON.

The way things are going, I suspect that we shall both be enjoying our recent moves to that E.ON Two-Year collective tariff fix for the next two winters and then start preparing our next move in the late Spring of 2018.

E.ON_Company_Representative:_Malc wrote: »

Thanks for the positive feedback all. Glad our service has been up to scratch whilst you've been with us and fully understand why you're moving/moved.

Malc

To nPower. :rotfl:

Former_E.ON_Company_Representative:_Malc

Sosumi wrote: »

I feel you are all being a little unkind to E.ON. They do make it possible and economically viable to remain with them.

I’d be the first to concede that for E.ON’s normal tariffs I would expect my quarterly bill to be delivered four times a year by Maria Sharapova in a limousine and a micro skirt, armed with a magnum of vintage Krug, before whisking me off for a leisurely luncheon a deux at the Waterside Inn in Bray.

But if you surf E.ON’s frequent collective fixes when they are offered, its prices stay competitive with the rest of the market. They certainly have been for me.

(And it would cost me an additional £60 in Early Exit Fees to switch my supplier from E.ON.)

Sosumi wrote: »

There isn’t (so far as I’m aware) a collective fix on E.ON available anywhere at the moment; they happen about three or four times a year and you have to look out for them.

Hello Sosumi and you're right. At the moment, we don't have any collective tariffs available for sale. The last one was withdrawn from sale on 18 July 16. The only tariffs we currently have available to switch to are those listed on our website.

Many thanks for the positive feedback Sosumi.

Malc