Energy Price Guarantee 4 January at 11:49AM in Energy 2 replies 93 views

F1sceptic

Has anyone else noticed that E.on Next gives too little in the Energy Price Guarantee calculation?  I acknowledge it's only pennies in my case (11p short on my gas credit, 1p short on electricity), but if they are using more accurate figures to collect from the government, and doing that for every customer, then they are making a massive profit from the scheme.

jbuchanangb

I think these are just rounding errors. In my case electricity is at 40.306p/kWh before the EPG discount. The discount is 8.42p/kWh making 31.886p/kWh (excluding VAT). Add in the VAT and it becomes 33.4803p/kWh which is spot on the EPG rate for my region.

ariarnia

F1sceptic said:

Has anyone else noticed that E.on Next gives too little in the Energy Price Guarantee calculation?  I acknowledge it's only pennies in my case (11p short on my gas credit, 1p short on electricity), but if they are using more accurate figures to collect from the government, and doing that for every customer, then they are making a massive profit from the scheme.

do you have the actual units?