We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

E.ON E7 to flat rate - tariff change

2»

Comments

  • MultiFuelBurner
    MultiFuelBurner Posts: 2,928 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 29 January 2024 at 2:37PM
    Yes, I use about 35% of my energy at night. Loaded shifted as much as I can. Have a HP.

    You use 65% of energy at the day rate then.

    If you have a smart meter (all cheaper tariffs need them) I would move to tracker/Agile and then if prices increase on those then Cosy.

    We have an ASHP and run a spreadsheet and compare all three of those against Flexible so we know what are options are.

    Try the android Octopus Compare app when you are a customer and see what you can save choosing the latest tariffs against yours.
  • Swipe
    Swipe Posts: 6,081 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The problem is that the E.On Next staff are very poorly trained. You get a different answer from whoever you speak to there.
  • You might be better off on Octopus Cosy, as you have a heat pump.
    Octopus cosy doesn't work for us as we don't have batteries - I think it's really bad that they advertise it as a HP when they have such an expensive rate. I've done the figures here and we'd have paid more on cosy.
    You do not need batteries to make Cosy work, you just need to not heat your water or run the heating in the peak window, but that is easy with a heat pump, you have the heat pump warm the house up in the Cosy window which runs right up until the start of the peak rate and you heat your water tank up in the Cosy windows as well. It might not work if you do nothing to change your usage pattern, but that is not the point, you modify your usage pattern and you end up with considerable savings. 

    I'm not sure that's the case, as I still have to cook during that period. We don't have gas at our property.

    That sounds like an inefficient way to run a HP pump warm the house. We run full weather compensation when the ambient temperate is below 3 for a sustained period of time. 

    I'm not convinced by Cosy.
  • I'm not a massive fan of smart meters & the inheret complexity they will bring the energy market.

    They bring choice, rather than complexity.

    Can you show me the comparison site which takes your smart meter reads and tells you which is the best deal to be on for a given period?

    How many smart tariffs do Octopus currently have, vs normal tariffs?

    With the advent of smart tariffs and meters it will become impossible as a consumer to know whether you are on the cheapest deal. If you have a PhD in maths you might be able to...
  • dealyboy
    dealyboy Posts: 2,014 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    My real issue, is that 2 customer service agents have said that I can switch tariff but they've now said that isn't possible. I've raised a complaint with them. They've offered to switch me to a flat rate, but that's more expensive than what I'm on currently. 

    Tbh, this experience reaffirms my view that the energy market is completely broken. 

    I'm tempted to switch over to Octopus and one of their smart tariffs.

    I'm not a massive fan of smart meters & the inheret complexity they will bring the energy market.
    Hi OP ... just to go back to this for clarity.

    I think it is likely that our contracts state that switching supplier or product incurs the exit fee (apart from the last 6 weeks). It states that in the 'new tariff' e-mail in my case. I've had that confirmed by two Energy Specialists today for my tariff 'Next fixed 12M v6'.

    I agree with @Swipe that changing from E7 to single rate is not a change of product or tariff and therefore no exit fee applies.

    Of course I'm not implying you do this, wiser and more experienced heads are looking into the Octopus options.
  • victor2
    victor2 Posts: 8,359 Ambassador
    Part of the Furniture 1,000 Posts Name Dropper
    I have switched tariffs from Eon Next to Eon Next without penalty. When I took out a new fix, it had an exit penalty, but the rep said that wouldn't apply if I switched to another Eon Next tariff before hitting the penalty-free window. When I said there's nothing in the T&Cs that say that, he said they have the recording of that call to prove it.
    When I later went to switch to another of their tariffs they said there would be an exit penalty. I told the rep what I'd been told and she put me on hold (for a very short while) to "go and listen to the call". She returned saying there would be no penalty, but as it had already been applied, she would credit my account the same amount, which she did. She told me the tariff I'm now on has an exit penalty, but the same applies.
    The T&Cs say:
    You can arrange to switch to another of
    our tariffs or to another supplier at any
    time without giving notice, but if you switch
    supplier before we send you your renewal
    notice we may charge you an exit fee. See
    your confirmation letter for details.

    So, not entirely clear, but worth checking your T&Cs OP, and seeing what they say. Does in theory mean you could switch to their standard tariff, with no exit penalty, then switch away to another supplier, without penalty, which people have reportedly done in the past. :)


    I’m a Forum Ambassador and I support the Forum Team on the In My Home MoneySaving, Energy and Techie Stuff boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. 

    All views are my own and not the official line of MoneySavingExpert.

  • QrizB
    QrizB Posts: 21,650 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    That sounds like an inefficient way to run a HP pump warm the house.
    It might deliver a lower COP and use more electricity, but given the lower price it's not simple to conclude that it would be more expensive.
    To take an extreme example, a COP of 2 at 10p/kWh is half as expensive as a COP of 3 at 30p/kWh.
    Nevertheless I would tend to agree that, as prices currently stand, Agile or Tracker are likely to prove cheaper than Cosy.

    N. Hampshire, he/him. Octopus Intelligent Go elec & Tracker gas / Vodafone BB / iD mobile. Ripple Kirk Hill Coop member.
    2.72kWp PV facing SSW installed Jan 2012. 11 x 247w panels, 3.6kw inverter. 35 MWh generated, long-term average 2.6 Os.
    Ofgem cap table, Ofgem cap explainer. Economy 7 cap explainer. Gas vs E7 vs peak elec heating costs, Best kettle!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.7K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.8K Work, Benefits & Business
  • 603.2K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.