Eon Next standard variable tariff - what am I missing?

K_S
K_S Forumite Posts: 6,524
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I was hoping someone could help me with this as I just can't get my head around it.

My post code region is CW12 2, which according to the https://www.energybrokers.co.uk/electricity/pes-areas/search?query=CW12+2 is in the 'Midlands' region. So far so good.

The current (up to June 30) tariff Energy Price Guarantee for electricity for 'Midlands' (as per the gov website https://www.gov.uk/government/publications/energy-price-guarantee-regional-rates/energy-price-guarantee-regional-rates-april-to-june-2023) appears to be -
31.25p + VAT / unit so 38.81p for 'Other Payment' (I'm assuming this is the DD rate)
33.80p + VAT / unit so 35.49p for 'Standard'

Gas is 

I'm on the 'Eon Next Flex' variable rate for elec+gas which I assumed was the standard variable rate and hence should be the same as the EPG rates above. However, this is what the latest bill shows re my electricity tariff and gas tariff. The electricity unit rate (48p+VAT!) is way higher than the EPG and the gas one is slightly higher.

I would be grateful if someone could guide me on what I'm missing here, does the tariff on the bill look correct? Should it not match the EPG tariff?





I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. 

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Comments

  • CSI_Yorkshire
    CSI_Yorkshire Forumite Posts: 1,792
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    No, because e.on don't show it like that.  They show you what the ofgem cap would be without the EPG and then give a discount on the bill to make it right.  Check your bill, not your tariff.

    From July it will be right.
  • K_S
    K_S Forumite Posts: 6,524
    1,000 Posts Second Anniversary I'm a Volunteer Ambassador Photogenic
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    No, because e.on don't show it like that.  They show you what the ofgem cap would be without the EPG and then give a discount on the bill to make it right.  Check your bill, not your tariff.

    From July it will be right.
    @csi_yorkshire Ah got it thank you! That's explains why I was struggling to match the new tariff they emailed me to the current one on the bill.

    I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

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