📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Igloo Energy to EON Next Price Crazy! Any help

SwayZ
SwayZ Posts: 19 Forumite
Eighth Anniversary 10 Posts
Hi,

I used to be with Igloo Energy and got moved to EON Next and I can't get my head around why it's so expensive before the new cap was announced and it's even worse now.

I used to pay about £150 a month for both with Igloo, then it went up to £300 plus and now over £400. Is it worth trying to find a better deal even though Martin said not to?


Thanks in advance 

Comments

  • GingerTim
    GingerTim Posts: 2,639 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Remember that these are estimated costs - what really determines what you will be is taking the unit rate and standing charges on these tariffs and applying your actual usage to them.
  • QrizB
    QrizB Posts: 18,584 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    SwayZ said:
    I used to be with Igloo Energy and got moved to EON Next and I can't get my head around why it's so expensive before the new cap was announced and it's even worse now.
    Igloo went bust because they were selling energy for less than it cost. E.ON Next are still losing money on the energy they sell to you at the moment.
    From April, E.ON Next will be allowed to charge you a price that's closer to the cost of the energy, plus you (& me, & everyone else) will be paying an additional bit of standing charge to reimburse E.ON Next for the money they are losing at the moment.
    I used to pay about £150 a month for both with Igloo, then it went up to £300 plus and now over £400. Is it worth trying to find a better deal even though Martin said not to?
    The estimated costs that E.ON Next have given would suggest you are a very high user of energy; around 7000kWh/yr for electricity and 42000kWh/yr of gas.
    What are your estimated annual consumption figures?
    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 34 MWh generated, long-term average 2.6 Os.
    Not exactly back from my break, but dipping in and out of the forum.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
  • Brewer21
    Brewer21 Posts: 378 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Do you live in a mansion house?

    I'm ex Igloo, yes the prices have doubled, was paying £50 DD this time last year with them now I've just changed tariff with Eon.Next and paying £99 pm. My total per dual fuel estimated usage is less than your quoted price difference for gas only.
    Three bed semi two occupants.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.4K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.6K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.