I thought my Fix was supposed to get cheaper on 1st April 2026!

JerryFr

On MSE:
"Average annual energy bills will fall by 6.7% on 1 April for those on standard price-capped tariffs (most households) but unprecedentedly, the prices of fixed tariffs will also drop in April."

On EoNnext website:
"Fixed tariff customers will remain at the prices they agreed when they took their contract out."

molerat

You need to read the whole thing, not just a snippet taken out of context.

Netexporter

Perhaps the MSE statement meant new fixed deals?

Contractually if you've signed to a particular deal then it remains in force until the end date, that's the chance you take with fixes. You get certainty in return.

Brie

You could look at whether there's no fee to switching to a new Eon deal to get the lower tariff. Or look at what lower tariffs are available to you that might be at a reduced cost that would cover your early end fee. If the lower rate would cover your fee within a couple of months it would be well worth your while to switch sooner rather than later.

Rodders53

FIXED = Unmoving.

Read and check your Contract's small print. EoN typically allows you to move to another fixed price contract without any fees… (they only apply when switching supplier).

MSE statement probably should have been worded better: e.g.

" unprecedentedly, the prices of NEW fixed tariffs will also drop "

elsien

Martin’s article does have a headline saying that existing fixes will drop, and then goes on to say that most existing fixes will also drop come April
Which is a different message to the one you lot are now saying.

Q. What's happening to fixes? 

“Most existing FIXED deals will also fall on 1 April with the cheapest dropping typically 7% to 9% (usage dependent). This unprecedented move is because the change is due to the policy costs, which come off all bills.

It's only 'most' because some smaller companies were exempt from the ECO scheme so the reduction on their fixes will be smaller (as they weren't on it, so scrapping it doesn't change anything there).

“

Dazed_and_C0nfused

So is this table wrong?

https://www.moneysavingexpert.com/news/2025/12/octopus-energy-autumn-budget-savings-fixes/#energytable

luci

https://forums.moneysavingexpert.com/discussion/comment/81904911#Comment_81904911

If that is the case, then the MSE statement should DEFINITELY have been worded better. From what Martin said on his TV programme, my understanding was that the drop would apply to ALL fixed rate tariffs. I need to go back and read the statement again, as well as anything my supplier has on the price drop.

Edi81

nothing wrong with the original wording.
if you are on the price cap then it will fall.

gpman

https://forums.moneysavingexpert.com/discussion/6657510/i-thought-my-fix-was-supposed-to-get-cheaper-on-1st-april-2026

It will. From the E.ON Next website

E.ON Next has confirmed it will pass on every penny of savings to its customers. From 1 April, E.ON Next customers on a fixed or variable tariff will automatically see their energy bills come down.

source: E.ON Next confirms energy bills will come down for all customers from 1 April as new price cap announced | E.ON News

Altior

It makes sense surely as the standing charge is a levy, similar to a tax. If the levy is reduced then the energy suppliers can't pocket the difference.

If VAT on domestic energy was removed, you'd expect the cost to reduce even in contract as VAT is not the energy supplier's to keep.

As I understand it, we'll still pay the levies, just not via the energy bills, but via general taxation.

It's like magic where you can see how they do the trick. But perhaps many people are still impressed.