Eon email to renew

OrbitHeadache

As I have mentioned before my gas and elec tariff is due to end May 25th, my current tariff is;

Fix Again 1 Year v8

Fix Again 1 Year v8

£535.30a year

Show rates and charges

Electricity usage

2,175kWh

Electricity unit rate

18.55p per kWh

Electricity standing charge

10.50p per day

Gas usage

1,495kWh

Gas unit rate

3.69p per kWh

Gas standing charge

10.50p per day

New tariff offered by email by Eon is;

Next Flex

£81.04

a month

£972.54

a year

About your electricity tariff

Supplier

E.ONnext

Tariff name

Next Flex

Tariff type

Standard variable product

Payment method

Direct Debit

Unit rate

27.63p per kWh

Standing charge

44.75p per day

Tariff ends on

Not applicable

Price guaranteed until

Not applicable

Exit fees (if you cancel this tariff before the end date)

Not applicable

Discounts and additional charges

Not applicable

Additional products or services included

Not applicable

About your gas tariff

Supplier

E.ONnext

Tariff name

Next Flex

Tariff type

Standard variable product

Payment method

Direct Debit

Unit rate

7.28p per kWh

Standing charge

27.22p per day

Tariff ends on

Not applicable

Price guaranteed until

Not applicable

Exit fees (if you cancel this tariff before the end date)

Not applicable

Discounts and additional charges

Not applicable

Additional products or services included

Not applicable

OrbitHeadache

Sorry for being thick.

Would you guys go for new tariff above or go to variable tariff?

MWT

OrbitHeadache said:

Sorry for being thick.

Would you guys go for new tariff above or go to variable tariff?

That is their variable tariff...

[Deleted User]

MWT said:

OrbitHeadache said:

Sorry for being thick.

Would you guys go for new tariff above or go to variable tariff?

That is their variable tariff...

I can also confirm that the Next Flex (-Direct Debit) tariff shows the April capped rates although the OP must be in a different region from me (Northern) as the rates (they have posted) differ marginally to what I can see.

OrbitHeadache

My apologies, the cheapest fixed deal they have offered me is;

Next Online v13

About your electricity tariff
Supplier	E.ONnext
Tariff name	Next Online v13
Tariff type	12-month fixed-term
Payment method	Direct Debit
Unit rate	40.20p per kWh
Standing charge	44.75p per day
Tariff ends on	12 months from start of supply
Price guaranteed until	12 months from start of supply
Exit fees (if you cancel this tariff before the end date)	Not applicable
Discounts and additional charges	Not applicable
About your gas tariff Supplier E.ONnext Tariff name Next Online v13 Tariff type 12-month fixed-term Payment method Direct Debit Unit rate 10.32p per kWh Standing charge 27.22p per day Tariff ends on 12 months from start of supply Price guaranteed until 12 months from start of supply Exit fees (if you cancel this tariff before the end date) Not applicable Discounts and additional charges Not applicable Additional products or services included Not applicable

OrbitHeadache

Is EonV13 better than the variable tariff?

Zandoni

OrbitHeadache said:

Is EonV13 better than the variable tariff?

It's impossible to predict how prices will rise, so the best advice at the moment is to stay on the variable tariff.

Mstty

OrbitHeadache said:

Is EonV13 better than the variable tariff?

It really does depend on how you measure better?

For some better means knowing and predictable so fixed will be better for them

For others any fix at the moment is higher than the price cap variable rates so it's better for them

We are personally expecting a 30% price cap rise in October and for us a 2 year fix was better so we can plan for two years.

What is better for you?

pochase

Unit price for gas is 41.75% more expensive on the fixed rate, electricity is 45.49%.

I am not going to take into account the differences in the standing charges.

Without knowing how much energy you use during summer the fix will only work if the cap increase is more than 50 to 60%. 

So stay away from it, hardly any chance that you can benefit from it.