Eon Next Online v11, Fixed 1 Year at Apr 22 Rates

Claireb2022

I've just received this email. I'm tempted to fix to be honest. I think I'm just in massive denial that based on our usage our monthly direct debit is likely going to have to go up by a good £100. What to do what to do??? 

Cantisque

I got this Email also. Since they're raising the flex price to the same as the fixed price, I thought it'd be best to switch to fixed for a year. Hope I did the right thing, it's a massive cost increase...

rpriyank007

I changed to the fixed Eon Next Online v11 yesterday. Thought it is a good option as the price is the same as the flex one. There is no exit fee so it's peace of mind. Plus, I'm pretty sure the cap will increase in October.
I called them up and arranged the fixed plan to start on 1st April.

yippeekiay

I just got an email from Eon too - what on earth is going on with the huge increase in daily standing charges? I know the gas wholesale price had gone up a lot, but these electricity standing charges are nearly double, or even triple if you fix for 2 years. Absolutely ridiculous! Especially considering my gas supplier standing charges are only slightly higher.

I always thought low users would be benefitted for using less, with the high standing charge increases we get hammered for NOT using much energy, especially considering summer is on the horizon.

To put it into context, I've used less electricity so far today 43p as of 4.45pm, than the 48p standing charge they'll want after April 1st. And I am at home all day. Annoyed.

yippeekiay

July1962 said:

I had the email about Next Online V11, but the email also states "You'll need to agree to have a smart meter fitted, pay by Direct Debit and manage your account online to sign up to this deal."
I don't want a smart meter - can they make me have one?

Same here - I'm not getting a smart meter fitted no matter how much they try to badger me - which is often.

I've given monthly meter reads since they took over my account from Symbio in October last year & I still haven't received a single bill in the post or online!!

rpriyank007

yippeekiay said:

July1962 said:

I had the email about Next Online V11, but the email also states "You'll need to agree to have a smart meter fitted, pay by Direct Debit and manage your account online to sign up to this deal."
I don't want a smart meter - can they make me have one?

Same here - I'm not getting a smart meter fitted no matter how much they try to badger me - which is often.

I've given monthly meter reads since they took over my account from Symbio in October last year & I still haven't received a single bill in the post or online!!

Could I ask what is the reason to 'not fit' the smart meter?

MWT

yippeekiay said:

I just got an email from Eon too - what on earth is going on with the huge increase in daily standing charges? I know the gas wholesale price had gone up a lot, but these electricity standing charges are nearly double, or even triple if you fix for 2 years. Absolutely ridiculous! Especially considering my gas supplier standing charges are only slightly higher.

I always thought low users would be benefitted for using less, with the high standing charge increases we get hammered for NOT using much energy, especially considering summer is on the horizon.

To put it into context, I've used less electricity so far today 43p as of 4.45pm, than the 48p standing charge they'll want after April 1st. And I am at home all day. Annoyed.

The costs of protecting all those customer balances at the failed energy suppliers, and the extra costs incurred by the suppliers that accepted the customers are paid by all of us with electricity accounts through a significant levy added to the standing charge, that is why you will see large increases in the capped variable tariff and in the fixed tariffs as well in many cases.

rpriyank007

I have strong reasons to switch to a fixed account (at least for a year) as follows.
1. Council tax refund of £150 in the month of April to aid the energy prices
2. £200 credit from the government which will be repaid over the coming years automatically. 
3. Since the invasion of Russia on Ukraine, today the oil prices increased by 40% in just one day. Russia is the third-largest provider of oil to the European market. The invasion has already seen a knock-on impact.
4. If you hear Martin Lewis, with the recent developments he has changed his 'stick to variable tariff' rule and is confident that there will be a cap price increase in October.   

If I think about all these factors, I'd consider switching to a fix tariff for one year until everything settles down hopefully. The current Flex variable tariff and the fixed one is exactly the same with a No-exit fee. 

All the energy providers have increased in standing charges. There is currently no cheaper provider in the market. With the pace small energy providers are getting busted, I wonder it is best to be with the Bug-5 providers. 

SMcGill

If you’re looking to fix with EonNext, remember that the 2 yr fix offers a discount for paying for DD while the 1 year doesn’t. I had to call to find out what the discount is - it’s 5% per fuel, so 10% total. Worth doing the maths to figure out which is actually cheaper for you as neither of them have early exit penalties.

c_smith

If anyone has signed up to EON Next Online v11, can you set the date you want it to transfer from the variable Next Flex?  I don't want to sign up to it prior to 1st April when the price rise comes into effect for obvious reasons.