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Is my fixed E On Next tariff going to go up?

Johnm2019
Johnm2019 Posts: 67 Forumite
Fourth Anniversary 10 Posts
Hello,

Sorry for the stupid question, as I have read all about the energy price costs going up.

I am with E On Next for my gas and electric, we currently pay this-

Rates and charges

Electricity usage1,927kWh
Electricity unit rate29.24p per kWh
Electricity standing charge37.92p per day
Gas usage17,609kWh
Gas unit rate7.34p per kWh
Gas standing charge27.22p per day


We are on the Next Flex package, and I believe we signed up to this tariff a few months ago but I can't find the email confirming that.

We are expected to pay £2090 a year, so am just hoping we stay at that until our current tariff ends?

Just confuses me a bit as I know the rates are going up, but just don't know if I will be affected.

Thank you,




Comments

  • spot1034
    spot1034 Posts: 973 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Next Flex is not a fixed tariff, it is the standard variable which will rise on October 1st.
  • molerat
    molerat Posts: 35,883 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 10 August 2022 at 7:42PM
    Next Flex is not fixed but is their standard variable rate governed by the cap rules and will be increasing in October (and January and April and ........)
  • Alnat1
    Alnat1 Posts: 4,126 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    So, like most of us, it's time to look at what you use and how you can cut down.
    Barnsley, South Yorkshire
    Solar PV 5.25kWp SW facing (14 x 375) installed Mar 22 
    Lux 3.6kw hybrid inverter and 9.6kw Pylontech batteries 
    Daikin 8kW ASHP installed Jan 25
    Octopus Cosy/Fixed Outgoing 
  • pochase
    pochase Posts: 3,449 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Sorry to say that your £2090 will almost double by January if the current predications prove to be correct. The 82% increase is more than likely to happen, only 2 weeks left to the official cap announcement for October and I would expect Ofgem to do a press release if they believe CI is really far off with their prediction.

    As said by the above, you are on the SVT, and you don't have to sign up for it. Did you come of a fixed tariff and did not chose a new fixed tariff for example? You will be on SVT in this case.

     
  • You might want to consider a FIX on the V18 Online tarrif, discussion here:
    Your gas usage is very very high and rates are predicted to sky rocket again.

  • This was posted by @pochase this is the cornwall insights predictions for prices just to give you an idea of how bad this is going to get. Your gas alone would be £2736 at Q4 prices but Q2 prices is £3406.

  • Johnm2019 said:

    I am with E On Next for my gas and electric .......

    ......We are on the Next Flex package, and I believe we signed up to this tariff a few months ago but I can't find the email confirming that.
    Do you manage your account ONLINE?  If yes, then you will find copies of messages and emails in your 'Account Summary' on your account just underneath the Tariffs section.  As you can see with me it lists current tariffs and future tariffs and I have access to all emails and (downloadable) messages sent to me.  If no, then perhaps you might think about managing your account ONLINE as these tariffs are almost always cheaper (they are with Eon Next)

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