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

harz99

Sosumi. Well I rest my case! The ignore list it is.

Former_E.ON_Company_Representative:_Malc

footyguy wrote: »

I can fully understand what you mean.
Presumably the eon 2 year June 2018 deal was available in June.

That's right footyguy. Our EHL Collective Fixed 2 Year June 2016 tariff was available for sale during part of this June. To date, it's the only two year collective fix we've done and was available to switch to from 20 June 16 until 18 July 16.

Malc

Former_E.ON_Company_Representative:_Malc

Sosumi wrote: »

I realise that if I was minded to split suppliers I would save a little money. But not enough to make it, for me, worth losing the convenience, the efficiency, the excellent Customer Service and the extremely useful online management tools that I have with my E.ON dual-fuel account. And then, there's E.ON's two guardian angels :A Malc :A and :A Helena :A. Others may have different priorities: that is their right and their decision. But my own preference is to stay dual-fuel with E.ON for as long as it's acceptably economic to do so.: that's my right and my decision. (And my money.)

Many thanks for the kind words Sosumi. They're really appreciated by both Helena and I. Glad you like our online tools too. We're always looking to improve these but it's good to know the existing stuff is doing its job.

Thanks again.

Malc

PS/ Helena's on holiday this week so you're stuck with me.

Sosumi

Malc,

I do hope you’ll feed back the Maria Sharapova + Krug + Waterside Inn suggestion of mine.

Although it would cost me an additional £445 a year to tariff-hop from my EHL Two-Year June 2016 EON collective fix to E.ON’s own, I would be seriously tempted.

And, for those who regard it as “chauvinist” and “sexist”, I’m sure you could extend the scheme to offer George Clooney, David Beckham, Julian Clary or Clare Baldwin as alternative luncheon companions, according to personal preferences.

After all, E.ON does pride itself on providing the best customer service possible.

You could cater to all persuasions, races and faiths (although, personally – “imho” as some keep writing – I think it would be a shame to put Maria Sharapova in a burkah).

teddysmum

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 was also Labour's threat to freeze prices, which gave companies the excuse to limit reductions in case they be forced to freeze low prices, even if the wholesale cost increased.

Former_E.ON_Company_Representative:_Malc

fredandwilma wrote: »

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.

You're right fredandwilma. In the past, some of our tariffs haven't stayed around for long before being withdrawn from sale. As you're on a collective deal, what I'm about to say won't be much use to you right now but hope it's of interest for the future and possibly to others.

Customers on fixed tariffs as listed on our website can sign up for Price Alerts. We'll tell those registered for alerts when a new version of their tariff is available. This is an online service only although customers can opt in over the phone as well as through our website.

Following release, we attempt to email customers about new versions of a tariff as quickly as we can. To be honest, we did fall down on this earlier in the year when versions 17, 18 and 19 of our one year fix were released within a few days of each other. These were fairly exceptional times which I wouldn't expect to see happen on a regular basis. Generally, we'll let customers know fairly quickly when a newer version is available.

As collectives are one off standalone tariffs, no new versions will be issued and so alerts don't apply. Sorry this isn't much use to you fredandwilma. You always seem to be well on top of things anyway and I suspect price alerts wouldn't be of that much use to you. Could be different for others though.

Malc

Former_E.ON_Company_Representative:_Malc

Sosumi wrote: »

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.

Just to confirm Sosumi, our Forward Switching service doesn't apply to collective tariffs.

Forward Switching lets customers changing between E.ON fixed tariffs through our website delay the switch for up to 52 days. Collective tariffs are only available through the third party offering them and aren't listed on our website. As such, Forward Switching isn't available with these.

Hope this explains Sosumi and glad you're receiving your annual allowance of 1500 Reward Points.

Malc

Former_E.ON_Company_Representative:_Malc

Sosumi wrote: »

Malc,

I do hope you’ll feed back the Maria Sharapova + Krug + Waterside Inn suggestion of mine.

Although it would cost me an additional £445 a year to tariff-hop from my EHL Two-Year June 2016 EON collective fix to E.ON’s own, I would be seriously tempted.

And, for those who regard it as “chauvinist” and “sexist”, I’m sure you could extend the scheme to offer George Clooney, David Beckham, Julian Clary or Clare Baldwin as alternative luncheon companions, according to personal preferences.

After all, E.ON does pride itself on providing the best customer service possible.

You could cater to all persuasions, races and faiths (although, personally – “imho” as some keep writing – I think it would be a shame to put Maria Sharapova in a burkah).

Certainly will feed this back Sosumi. Wouldn't hold your breath though.

Malc