MSE News: E.on now lets you fix your monthly bill - but that peace of mind will cost you

Former_MSE_Stephen_B
Former_MSE_Stephen_B Posts: 76 MSE Staff
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in Energy
E.on has launched a new tariff which charges a fixed monthly bill, regardless of how much energy you actually use - but it's not cheap...
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'E.on now lets you fix your monthly bill - but that peace of mind will cost you'
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  • VT82
    VT82 Posts: 1,079 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    After all the 'green' taxes that are added to people's energy bills, all the freebie energy saving guff the energy providers are wastefully forced to give away to meet quotas, all the rank stupidity over the misguided smart meter roll out... after all that in the name of cutting energy usage, Ofgem still greenlights a tariff that virtually encourages you to waste electricity. You couldn't make it up!
  • [Deleted User]
    [Deleted User] Posts: 1,655 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
    VT82 wrote: »
    Ofgem still greenlights a tariff that virtually encourages you to waste electricity. You couldn't make it up!
    OFGEM have no input into tariffs except for the price cap on certain products.
    The rest of the time it is solely down to the energy company to do what ever they want. Like here with a massively expensive tariff for most people.
  • VT82
    VT82 Posts: 1,079 Forumite
    Name Dropper First Anniversary First Post Combo Breaker
    gsmlnx wrote: »
    OFGEM have no input into tariffs except for the price cap on certain products.
    The rest of the time it is solely down to the energy company to do what ever they want. Like here with a massively expensive tariff for most people.
    You'd think an almost brand new type of tariff would have to at least be run past the regulator first. A new type of product would have to be in my field (Finance) at least. Although OFGEM are so useless you're probably right!
  • [Deleted User]
    [Deleted User] Posts: 1,655 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
    Thinking and OFGEM don't mix.
    Of all the Government mandated regulators, they are the worst by far. And they seem happy about it too.
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