Ecpnomy 10 Meter

Former_E.ON_Company_Representative:_Malc

eldaniel wrote: »

How disgusting is the fact that my bill on Economy 10 tariff with E.on is going up by 17.88% a year!!? Not 9.7% increase which was broadcasted to press and media! Day rate is going up from 16.989p to 19.698p (16%) and night rate from 8.684p to 10.626p (22%). All in all with my usage (65% at night) it is going up from £876.32 a year to £1033.01. How can E.on even justify something like that. Absolute robbery!

and btw E.on reward scheme with Tesco clubcard is ending too because clearly with nearly 20% increase company can not afford that...
When Russia attacked Ukraine, Ukraine increased electricity rates by 25% due to war. You can do almost the same in the time of peace.

Hello eldaniel.

It sounds like you've a two rate Economy 10 meter. If this is the case, I can confirm, these prices will go up from 26 April 17 in line with our recent announcement. It's only the three rate Economy 10 meters that aren't affected.

If, as a result, you decide to change supplier we'll keep you on your current prices right up to the supply end date even if this is after the new prices start. Provided, that is, the new supplier applies to takeover within what's known as the Price Protection window. This window is open from notification of a price rise (minimum of 30 calendar days before the new prices start) up to 20 working days after the increase date.

This is the first time we've increased our standard variable prices since 18 January 14. The press announcement was an average figure. Some customers will see higher increases and some lower. This will depend on things like payment method, usage, area, type of fuel etc.

I can also confirm, our Rewards scheme ends this Friday, 31 March 17. Customers opted in and on eligible tariffs, like Economy 10, will continue to earn points up until this time and have until 30 June 17 to swap them for either Tesco Clubcard points or High Street Shopping Vouchers. We've decided to stop Rewards as part of a wider product review. This will help us reinvest in different products and services as we look to redesign our overall portfolio as we go through 2017. Details of these changes will appear on our website first.

Malc

Former_E.ON_Company_Representative:_Malc

Lal05 wrote: »

I am with Eon with an E7 smart meter but on a single rate tariff. Do the new regulations mean that I can ask Eon to change my meter to a single rate one (so that I can switch - another story...) with no charge?
Thank you

Hello Lal05 and following on from our talk last week on a different thread.

The discussion above doesn't apply to Economy 7 meters. The part of the CMA report in question here is about restricted or complex meters like Economy 10, Heatwise, Economy 18 etc. These meters were mainly designed for all electric properties with particular types of heating and hot water arrangements. At the moment, we only have the one tariff available for these meters whereas, with Economy 7 or single rate, there are various options both with us and with the other suppliers.

Whilst we would be happy to change your meter to a single rate, there's a charge of £64.76 (including VAT) for this work.

For the benefit of others, last week's talk is at the link below (post #68).

https://forums.moneysavingexpert.com/discussion/comment/72291482#Comment_72291482

Hope this explains.

Malc