Energy prices predicted to rise to £3,850 in January...

So, I'm on an exceptional fixed with Eon Next, until next March, we are moving in Oct, downsizing to somewhere half the size in preparation for early retirement.
The current supplier is Eon. Great, thought I, I'll just transfer to the new address.
But Eon Next are now claiming that they are completely different to Eon and I can't transfer the deal to the new address, despite the fact that I used to be with Eon and they moved me to Eon Next when they rebranded.
It's just a scam to avoid me maintaining my cheap repayments imo.
I currently pay £116 a month electric only, but only use between £70-£80 and am loads in credit. I'm anticipating the new supplier to attempt summat like £250 a month, despite the house being half the size.
Will I be able to give the above as a reason why I should only pay, say £150 a month?
Basically what I want to say is, I'm going to give u £150 as month, which I know will cover my usage, if it's more feel free to up it, but only after you've seen that amount of use.
What's my chances?

 

The way I see it is this: a direct debit isn't something they do to you - it's by mutual consent, and negotiation, if necessary. After all, you always have the option to go to paying the bills as they arise. You can put the money away until the bill falls due, and they won't have your money up front. I know it's a bit dearer but at least you'll have control. And if you tell them that's your position they may be more reasonable on the D/D.

 

Weird that the awful CE was boasting of this the other day



Looks like a ******* paradise but surely if you can’t afford to keep the pubs open you already have sinking millions into this can’t be a great idea.

 

Set up a standing order not a direct debit then you are the only one that can amend it. We did that with Scottish power. Paid less than they wanted and ended up massively in credit.

 

I’m considering not offering them any readings and seeing if they won’t bother sending anyone out. Then relying on the back billing rules when they threaten me with court action in a few years time. I think the energy companies will be in chaos in a years time so it might be worth the gamble. They’re fairly disorganised as they are. I’d put the money to one side to settle up with them.

 

Probably OK if you speak to them. I know Eon next actually let you change the amount you pay each month online. I recently lowered mine down to £100 a month then I pay the difference each month to keep it out of debt. That way I get the "cheaper" DD rate but I only pay for what I use.

 

Eon Next just emailed me to say that we’re using around £9 a month more than they are billing me for (currently pay £73 a month for a 3 bed semi with 2 adults) and I can either pay them £249 up front and they up my payment to £82 a month or they’ll up my payments to £103 a month. We’re currently about £170 in debt with them. Think I’ll just go with the higher monthly payment, especially as the payments from the government are due to start going in soon, I can’t see the point of giving them a big one off payment, it’s not like they charge interest on it.

 

Was my thinking dropping the payments with the government payments to come. I'm going to put some extra to one side ready for my fix ending in March. But I'd rather have it in one of my accounts than Eons.

 

That's fine if you're disciplined enough not to spend the money you'll save during the summer months on other things, so that it's available to cover your higher winter bills; and also if you have a good understanding of how your bills work. I'm sure you are Jimmy, but many people aren't, and could get into real difficulties in winter if they aren't building up some credit right now by paying an average monthly amount.

I'm like you - disciplined and keep a close eye on my usage/bills - but I'd still rather pay an average monthly amount each month. And Scottish Power do an annual review anyway, so each March I recieve a refund if I'm in credit (usually not much of one, because I nudge my last few monthly payments down a bit if I'm too high).

The main thing, however people choose to pay, is to understand your bills, keep a close eye on your usage, and avoid nasty surprises further down the line.

That's if you can afford the rates in the first place... but that's a whole different problem.

 

I’m with EDF fortunate I fixed until March next year but have a smart meter but there’s problems with the signal and the in house displays don’t work , they’ve kept asking for meter readings to which I’ve said sort the meter problems out and you’ll get them . They sent a bloke out last week to read the meter , he said no one in our area had sent readings in for ages that’s why he was sent out , he worked for a contracting firm not EDF

 

@Jimmy viz

Interesting read here looks like the European commission looking to bring in what was suggested in the article you posted.

https://www.energylivenews.com/2022/08/31/european-intervention-sees-gas-prices-drop/

 

Cafe in Leicester

https://www.bbc.co.uk/news/uk-england-leicestershire-62727814

 

Confused... article states...

"On Tuesday, UK wholesale gas prices fell from 473p per therm to 447p – a 20% decrease." How is that 20%?? More like 5.5% methinks

 

Johnson is here to save the day:

 

That has to be the most **** suggestion I've ever heard.

What an absolute embarrassment these lot are

 

I can’t believe Martin Lewis forgot to mention it

 

If that is the kettle idea, 1 litre of water takes the same amount of energy to heat from 20C to 100C (330KJ or 0.091KWh). Different models of kettle won't change that - only the amount of waste heat radiated outwards. Generally, reducing the amount of water would have a bigger effect than buying a new kettle.

 

A news clip that wouldn't look out of place on Spitting Image. Quite possibly one of the most ridiculous political messages I've ever seen.

 

A kettle is wasteful in 4 ways: -

Firstly, most of us overfill it, so we boil water that we don't actually use. This remains in the kettle after we've made a cup of tea, cools down, then gets boiled again the next time.

Secondly, most kettles heat the water to boiling point, 100 degrees C. For most drinks this is far too hot, although people who add lots of milk cool their drink down. People who drink tea or coffee without milk often end up leaving it to cool down before they can drink it.

Thirdly, boiling changes water from liquid to gaseous state (water to steam). The steam is obviously not needed, and this uses additional energy (specific latent heat of evaporation) for no increase in temperature. Most kettles cut off automatically at this point, but by that time some steam has already been produced to operate the automatic switch off.

Fourthly, depending on how well insulated they are, they may lose heat to the surroundings, while they are working. If the outside of your kettle gets hot when working, it's losing heat.

Temperature controlled kettles are available which don't boil, they just heat to the set temperature and turn off. I'm struggling to find some energy saving statistics for them, but a black coffee drinker who drinks at 60 degrees C saves significant energy in comparison with a boiling cup that has to cool down before drinking. I believe these are the way forward.