New Fix out from EON - Is it worth it?

JessS2804

Now the EON app isnt great (it wont load again now I've been into it), but managed to get some screen shots of the new fixed tariff they are offering:

Current Next Flex:

Electric
Standing Charge - £49.60p
Unit Rate - £30.29p

Gas
Standing Charge - £29.11p
Unit Rate - £7.61p

Next Loyalty Fixed v4

Electric 
Standing Charge - £43.57p
Unit Rate - £29.98p

Gas
Standing Charge - £23.08p
Unit Rate - £7.48p
Fixed for 12 months
£75 per fuel exit feed
Smart Meter (already got)

Now, is it worth it at this point? Or is it worth waiting till the next price cap?

Thanks 

Jess

Alnat1

Only you will know if you need the peace of mind a fix will bring and won't be upset if SVT falls below it, or are willing to take a chance on the SVT.

Either could end up more expensive over a year and nobody really knows the answer.

bristolleedsfan

JessS2804 said:

Now the EON app isnt great (it wont load again now I've been into it), but managed to get some screen shots of the new fixed tariff they are offering:

Current Next Flex:

Electric
Standing Charge - £49.60p
Unit Rate - £30.29p

Gas
Standing Charge - £29.11p
Unit Rate - £7.61p

Next Loyalty Fixed v4

Electric 
Standing Charge - £43.57p
Unit Rate - £29.98p

Gas
Standing Charge - £23.08p
Unit Rate - £7.48p
Fixed for 12 months
£75 per fuel exit feed
Smart Meter (already got)

Now, is it worth it at this point? Or is it worth waiting till the next price cap?

Thanks 

Jess

No exit fee if change tariffs within  EON Next, nothing to lose by taking the fix.

JessS2804

bristolleedsfan said:

No exit fee if change tariffs within  EON Next, nothing to lose by taking the fix.

All I can see if the £75 Exit fee if cancel the tariff before the end date - is this only if you leave then rather than switch to a different one within EON?

bristolleedsfan

JessS2804 said:

bristolleedsfan said:

No exit fee if change tariffs within  EON Next, nothing to lose by taking the fix.

All I can see if the £75 Exit fee if cancel the tariff before the end date - is this only if you leave then rather than switch to a different one within EON?

No exit fees if change tariff within Eon Next has been discussed at length, if you look back through thread you will see posts that evidence apparent fact.

https://forums.moneysavingexpert.com/discussion/6454548/e-on-next-next-loyalty-fixed-v4/p10

[Deleted User]

Hi,

JessS2804 said:

Now the EON app isnt great (it wont load again now I've been into it), but managed to get some screen shots of the new fixed tariff they are offering:

Current Next Flex:

Electric
Standing Charge - £49.60p
Unit Rate - £30.29p

Gas
Standing Charge - £29.11p
Unit Rate - £7.61p

Next Loyalty Fixed v4

Electric 
Standing Charge - £43.57p
Unit Rate - £29.98p

Gas
Standing Charge - £23.08p
Unit Rate - £7.48p
Fixed for 12 months
£75 per fuel exit feed
Smart Meter (already got)

Now, is it worth it at this point? Or is it worth waiting till the next price cap?

Thanks 

Jess

think you should wait, prices might come down a bit.

Krakkkers

The EON fix i am being offered is cheaper than that.

Chrysalis

Not worth it in my view, the standing charge would potentially be a lightly noticeable thing for light users, but the exit fee makes that so much not worth it.

The annual saving for me would need to be at least double any exit fee.

bristolleedsfan

frugalmacdugal said:

Hi,

JessS2804 said:

Now the EON app isnt great (it wont load again now I've been into it), but managed to get some screen shots of the new fixed tariff they are offering:

Current Next Flex:

Electric
Standing Charge - £49.60p
Unit Rate - £30.29p

Gas
Standing Charge - £29.11p
Unit Rate - £7.61p

Next Loyalty Fixed v4

Electric 
Standing Charge - £43.57p
Unit Rate - £29.98p

Gas
Standing Charge - £23.08p
Unit Rate - £7.48p
Fixed for 12 months
£75 per fuel exit feed
Smart Meter (already got)

Now, is it worth it at this point? Or is it worth waiting till the next price cap?

Thanks 

Jess

think you should wait, prices might come down a bit.

Cheaper than SVR with no exit fee to change tariffs within Eon Next, why wait ??????

CSI_Yorkshire

bristolleedsfan said:

frugalmacdugal said:

Hi,

JessS2804 said:

Now the EON app isnt great (it wont load again now I've been into it), but managed to get some screen shots of the new fixed tariff they are offering:

Current Next Flex:

Electric
Standing Charge - £49.60p
Unit Rate - £30.29p

Gas
Standing Charge - £29.11p
Unit Rate - £7.61p

Next Loyalty Fixed v4

Electric 
Standing Charge - £43.57p
Unit Rate - £29.98p

Gas
Standing Charge - £23.08p
Unit Rate - £7.48p
Fixed for 12 months
£75 per fuel exit feed
Smart Meter (already got)

Now, is it worth it at this point? Or is it worth waiting till the next price cap?

Thanks 

Jess

think you should wait, prices might come down a bit.

Cheaper than SVR with no exit fee to change tariffs within Eon Next, why wait ??????

It was likely a comedic reference to the mistype 100x greater than actually charged.  Look again at the prices.

bristolleedsfan

CSI_Yorkshire said:

bristolleedsfan said:

frugalmacdugal said:

Hi,

JessS2804 said:

Now the EON app isnt great (it wont load again now I've been into it), but managed to get some screen shots of the new fixed tariff they are offering:

Current Next Flex:

Electric
Standing Charge - £49.60p
Unit Rate - £30.29p

Gas
Standing Charge - £29.11p
Unit Rate - £7.61p

Next Loyalty Fixed v4

Electric 
Standing Charge - £43.57p
Unit Rate - £29.98p

Gas
Standing Charge - £23.08p
Unit Rate - £7.48p
Fixed for 12 months
£75 per fuel exit feed
Smart Meter (already got)

Now, is it worth it at this point? Or is it worth waiting till the next price cap?

Thanks 

Jess

think you should wait, prices might come down a bit.

Cheaper than SVR with no exit fee to change tariffs within Eon Next, why wait ??????

It was likely a comedic reference to the mistype 100x greater than actually charged.  Look again at the prices.

The prices as displayed show 12 month fixed rate with no exit fees if subsequently change to another Eon Next tariff cheaper than Next Flex. ( I was fully aware prices not displayed as they should be, correct answer would still be the same if they were displayed correctly)