E.ON energy price rise to kick in tomorrow

Thursday, 03 February 2011 10:58

Around 4.3 million Brits will pay 9 per cent more for their electricity and 3 per cent more for their gas as of tomorrow (February 4), with the planned price rise from E.ON set to kick in. As a result, the average E.ON customer’s annual dual fuel bill will rise by £62.

This breaks down as an extra £42 per year on electricity and an extra £19 per year on gas, taking the total bill from £1,061 to £1,123.

Ann Robinson, Director of Consumer Policy at uSwitch.com, said: "This is the last in a line of energy price hikes to hit British households this winter. However, by holding off until February, E.ON has at least protected its customers from higher prices through two of the harshest winter months.”

She added that the majority of British energy customers could make a saving by switching, with only 13 per cent currently on their suppliers’ cheapest tariff.

Robinson concluded: “Online plans are the most competitive in the market, there is also a £166 difference between the cheapest and most expensive standard tariff on the market – this is a saving that any household can make even if they don't have internet access or don't want to go online.”
 

The winter of energy bill rises begins

This week is due to see the beginning of price rises across the board for home energy customers, with ScottishPower leading the way with a 2 per cent gas and an 8.9 per cent electricity rise effective from tomorrow (November 25).

Ofgem to investigate home energy market

Following the recent announcements that three major home energy suppliers in the UK are due to raise their bills, Government industry regulator Ofgem has decided to review the market to ensure customers are still getting a fair deal.

Act now to secure cheap energy

Homeowners are being urged to act fast to snap up the best home energy deals before they are removed from the market. Research from uswitch.com has shown that many home energy suppliers are planning to withdraw their cheapest packages, with npower pulling their best deal, Sign Online 19, today.

npower announces second gas and electricity price increase

npower has confirmed it will put up its prices on October 1 – the second rise by the provider this year. Gas prices are set to leap by an average of 15.7 per cent and electricity by 7.2 per cent, taking a typical dual fuel bill from £1,149 to £1,282.

EDF Energy to cuts gas costs by 5%

The waiting game is finally over for energy consumers as one of Britain’s biggest suppliers, EDF Energy, has announced that it is cutting its gas prices. The five per cent reduction will take effect from February 7.

 

House Price Index

Energy Bill