E.ON announce price rises

E.ON have joined the Big Six price rise club and announced a 18.1% rise on their domestic bills for gas, following the likes of British Gas, SSE and Scottish Power. […]

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By Tom Gibson

E.ON have joined the Big Six price rise club and announced a 18.1% rise on their domestic bills for gas, following the likes of British Gas, SSE and Scottish Power. It also announced a 11.4% rise in electricity bills.

This now means the average household bill for a dual fuel E.ON customer will now go up from £1,123 to £1,293- an increase of £170 or 15%.

The company has launched a new product for existing customers – a two-year fixed price deal with no premium against standard new prices and no penalty clause for early exit – and has guaranteed no more price increases for Age UK Energy customers for at least a year.

Graham Bartlett, Managing Director of E.ON’s Energy Solutions business, said: “I know that this is hard for customers and want to help them avoid future price volatility, which is why we’ve launched our new two-year fixed price deal.

The energy provider claim that almost 600,000 of their customers will be unaffected by the rises.

Ann Robinson, Director of Consumer Policy at uSwitch.com, said there was a silver lining to the cloud: “Very few households will be escaping the impact of a double digit price rise on their energy bills this year. Taking dual fuel, paying by direct debit and signing up to a competitive online plan will reduce the price we pay, while cutting down on the amount of energy we use will cut our bills even further.”