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EON Next. - Fixed Tariff and the price Cap.

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bolo
bolo Posts: 919 Forumite
Part of the Furniture 500 Posts Combo Breaker
So, not sure if stupid or not, (probably Stupid!) but i fixed with EON Next up to Aug 2023. It was a 1 year fix done mid August. (SC, 41.328p, 50.687p/KWh). 

1) I just noticed on the EON Next account page that my tariff amounts have changed, to 43.39 p/day and 53.22 p/kWh. Anyone have any idea why the fixed rate has gone up?.

2) I'm in the South, and i believe my annual electricity usage with be around 5000 KWh. Should i just cancel my fixed rate? This will i expect get me down to 44.41 and 34.23 p/kWh, (based on the southern rates reported on MSE).



If i have helped, use the thanks button!

Comments

  • bolo said:
    So, not sure if stupid or not, (probably Stupid!) but i fixed with EON Next up to Aug 2023. It was a 1 year fix done mid August. (SC, 41.328p, 50.687p/KWh). 

    1) I just noticed on the EON Next account page that my tariff amounts have changed, to 43.39 p/day and 53.22 p/kWh. Anyone have any idea why the fixed rate has gone up?.

    2) I'm in the South, and i believe my annual electricity usage with be around 5000 KWh. Should i just cancel my fixed rate? This will i expect get me down to 44.41 and 34.23 p/kWh, (based on the southern rates reported on MSE).



    41.328p+VAT is 43.39p
    50.687p+VAT is 53.22p
  • bristolleedsfan
    bristolleedsfan Posts: 12,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 25 September 2022 at 6:35PM
    bolo said:
    So, not sure if stupid or not, (probably Stupid!) but i fixed with EON Next up to Aug 2023. It was a 1 year fix done mid August. (SC, 41.328p, 50.687p/KWh). 

    1) I just noticed on the EON Next account page that my tariff amounts have changed, to 43.39 p/day and 53.22 p/kWh. Anyone have any idea why the fixed rate has gone up?.

    2) I'm in the South, and i believe my annual electricity usage with be around 5000 KWh. Should i just cancel my fixed rate? This will i expect get me down to 44.41 and 34.23 p/kWh, (based on the southern rates reported on MSE).



    It might be worth asking them if they are refunding customers like Octopus are. for same reason...

  • bolo
    bolo Posts: 919 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Crap i thought i checked for VAT....
    Thanks!
    If i have helped, use the thanks button!
  • bolo said:
    So, not sure if stupid or not, (probably Stupid!) but i fixed with EON Next up to Aug 2023. It was a 1 year fix done mid August. (SC, 41.328p, 50.687p/KWh). 

    1) I just noticed on the EON Next account page that my tariff amounts have changed, to 43.39 p/day and 53.22 p/kWh. Anyone have any idea why the fixed rate has gone up?.

    2) I'm in the South, and i believe my annual electricity usage with be around 5000 KWh. Should i just cancel my fixed rate? This will i expect get me down to 44.41 and 34.23 p/kWh, (based on the southern rates reported on MSE).



    It might be worth asking them if they are refunding customers like Octopus are. for same reason...

    They are adamant that they are not. 
  • bolo
    bolo Posts: 919 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I'm not looking for a refund, its only a month for me... Guess i will just move back to the variable tariff. Just wondering if after 6 months they will put the rates up to over 60p lol....

    If i have helped, use the thanks button!
  • Below are the EPG costs based on the EDF rates table.
    Do you know how much electricity you use at night ?
  • bolo
    bolo Posts: 919 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    i don't have a multimeter so have not really looked into day / evening / night rates.
    But i do try to turn off stuff at the mains at night, and i am looking to pick up more timer plugs to auto switch things at night. 

    thinking 15kWh for a family of 4 (2 boys). will see how i can reduce this.
    If i have helped, use the thanks button!
  • bolo
    bolo Posts: 919 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Just called up, waited 35 min and moved back to the Flex plan. I paid £22 quid more over the past 6 weeks because of this fix. :-(. 
    If i have helped, use the thanks button!
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