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Eon and utility warehouse breaching price cap?
CookwiththeE
Posts: 25 Forumite
in Energy
According to Martin the price cap eletectricty unit rate from Oct1st is around 52p. The current price cap is obviously below that.
So how is it that both potential providers I'm looking at for a fix are offering electricity at at least 60p per unit.
The tariffs are Green Next 38 for UW and Next Online 20 for EON.
So how is it that both potential providers I'm looking at for a fix are offering electricity at at least 60p per unit.
The tariffs are Green Next 38 for UW and Next Online 20 for EON.
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Comments
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Because fixes are not subject to the cap - only the variable rate standard tariff.Ps - my advice would be to avoid UW like the plague unless you want constant problems, impenetrable billing/charging systems, a not fit for purpose complaints system (which you will very likely need to use!) and a complete inability to add manual payments to your account to “top up” your payments if needed. (They’ll accept your payment, but fail to actually apply it to your customer account).🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25
Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her1 -
Fixed tariffs aren't subject to the price cap.0
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Fixes aren't covered by the price cap. It's only the standard variable rate.CookwiththeE said:According to Martin the price cap eletectricty unit rate from Oct1st is around 52p. The current price cap is obviously below that.
So how is it that both potential providers I'm looking at for a fix are offering electricity at at least 60p per unit.
The tariffs are Green Next 38 for UW and Next Online 20 for EON.Competition Wins:
2026 - 1 win - £15 value
2025 - 0 wins - £0 value
2024 - 1 win - £14 value
2023 - 1 win - £135 value
2022 - 4 wins - £3215 value
Best Ever Prize: £3000 cash - Take a Break0
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