SHOCK: E.ON Standard Price Rise of Up to £50 a Year from 19 April - causing an average £22 bill increase a year

E.ON confirmed in a comment that the average bill increase will be £22 a year

SHOCK: E.ON Standard Price Rise of Up to £50 a Year from 19 April - causing an average £22 bill increase a year

SHOCK: E.ON Standard Price Rise of Up to £50 a Year (4.2%) from 19 April, causing an average £22 bill increase a year (approx. 2%)

E.ON are implementing a standard price rise for many of their customers from the 19th April of between £10-£50 a year.

Paperless billing and dual fuel discounts are being scrapped and customers who pay on receipt of bill are getting their standing charges hiked. The average impact is understood to be £22 a year, about a 2% price rise. Some customers are being hit for £50.

Along with the current icy blizzards that are pushing up all our bills already, these price rises are doubly bad news for millions of E.ON customers. Any E.ON customer who wants to avoid them should compare and switch today. You can do this quickly and easily using a price comparison service like energyhelpline.com.

The price rises come in next month and if you switch today you’ll be live on a new cheaper tariff before they hit. A typical E.ON standard customer could save £343 by switching to the cheapest small supplier deal and £252 to the cheapest big supplier deal today.

Energy is the easiest big bill to switch. It only takes a few minutes and it’s really simple to do. Don’t delay, switch and save today.

 Analysis of Price Rise Impact

 Which E.ON customers are not impacted?

Prepayment Meter Customers

Fixed tariff Customers

Single Fuel Monthly Direct Debit Customers who get a paper bill i.e. those who take only gas or only electricity

 Which E.ON customers are impacted?

Various Standard Tariff Customers:

Pay on Receipt of Bill Dual Fuel and Single Fuel Customers

Monthly Direct Debit Dual Fuel Customers

Paperless billing Customers

Standard Price Rises for E.ON Dual Fuel Customers of £10-£50 a year

On average E.ON bills are going to rise in the following way for an average usage, monthly direct debit, dual fuel, standard customer:

 Type of Customer Current Price 19th April (New) Price Price Rise
Paperless billing £1,123 £1,153 £30
Paper billing £1,133 £1,153 £20

This is the impact of the removal of dual fuel and paperless billing discounts

On average E.ON bills are going to rise in the following way for an average usage, quarterly cash /cheque or PORB, dual fuel, standard customer:

 Type of Customer Current Price 19th April (New) Price Price Rise
Paperless billing £1,193 £1,243 £50
Paper billing £1,203 £1,243 £40

This is the impact of the removal of dual fuel and paperless billing discounts along with a rise in standing charges for pay on receipt of bill customers.

Here is a table supplied to energyhelpline by E.ON, with the changes outlined:

    Paper Billing Paperless Billing
    Fixed Monthly Direct Debit Quarterly Payment on Receipt of Bill Fixed Monthly Direct Debit Quarterly Payment on Receipt of Bill
           
£ Current Bill Electricity £581 £616 £576 £611
Gas £572 £607 £567 £602
Dual Fuel £1,133 £1,203 £1,123 £1,194
           
£ New Bill Electricity £581 £626 £581 £626
Gas £572 £617 £572 £617
Dual Fuel £1,153 £1,243 £1,153 £1,243
           
£ Change Electricity £0 £10 £5 £15
Gas £0 £10 £5 £15
Dual Fuel £20 £40 £30 £50

Source: E.ON, March 1st 2018. Average usage standard tariff customers

E.ON also confirmed in a comment that the average bill increase will be £22 a year:

“The impact on our customers’ bills will vary depending on payment method, bill choice and fuel selection. While some customers will pay no more as a result of this change, the average impact on standard variable tariff bills will be around £22 a year*.”

* Across all bill choices, payment methods and fuel combinations for customers on E.ON EnergyPlan.

How much could you save if you were to switch & avoid the changes?

Average UK Gas & Electricity Bills - Standard Tariffs - Annual Costs & Savings
       
Standard Monthly Direct Debit Annual Cost Possible Switch Saving
Switching to Small Supplier Switching to Big Supplier
npower £1,166 £356 £265
E.ON £1,153 £343 £252
ScottishPower £1,147 £337 £246
EDF £1,142 £332 £241
SSE £1,121 £311 £220
British Gas £1,101 £291 £200
Average £1,138 £328 £237

 

Notes  
1.       Source: energyhelpline.com, 1/3/2018
2.       All calculations are for an average usage dual fuel household paying by monthly direct debit.
3.       Average usage as defined by OFGEM is 12,000 kWh pa of gas and 3,100 kWh pa of electricity
4.       Calculations include E.ON Standard price changes coming into effect from 19 April 2018
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