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E.ON Next price changes in 2024

Are E.ON Next's energy prices due to go up or down in 2024? Read on to find out the latest on energy deal prices.
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Have E.ON Next prices risen in 2024?

To date in 2024, E.ON Next's energy prices have risen once in line with the energy price cap.

Like most energy suppliers in the UK, E.ON Next's energy prices are subject to Ofgem's energy price cap. The cap sets the maximum price suppliers can charge for average usage on their standard variable tariffs. These are typically the most expensive type of energy plan.

Energy wholesale prices increased a great deal from the autumn of 2021 due to a combination of factors, such as supply and generation issues. Energy suppliers were having to pay much more for energy than previously, so the energy price cap level (which caps the unit rates customers pay) eventually reached £3,549 - and because most customers by then had rolled off fixed deals without having anything to switch to other than the standard tariff, this would have affected over 25 million households.

The government therefore introduced the Energy Price Guarantee, which capped prices at the equivalent of £2,500 for an average use household. When the price cap was set at £2,074, though, it began setting the unit rates of standard variable tariffs again. After dropping to £1,834, it is currently set at £1,928 until 31 March 2024.

The table below shows how the price cap and Energy Price Guarantee have defined E.ON Next's standard variable tariff prices over the years.

Time periodPrice cap levelEnergy Price Guarantee levelE.ON Next standard variable price
April 2019 - October 2019£1,254N/A£1,254
October 2019 - April 2020£1,179N/A£1,177
April 2020 - October 2020£1,162N/A£1,162
October 2020 - April 2021£1,042N/A£1,042
April 2021 - October 2021£1,138N/A£1,138
October 2021 - April 2022£1,277N/A£1,277
April 2022 - October 2022£1,971N/A£1,971
October 2022 - January 2023£3,549£2,500N/A (SVT capped at £2,500 under EPG)
January 2023 - April 2023£4,279£2,500N/A (SVT capped at £2,500 under EPG)
April 2023 - July 2023£3,280£2,500N/A (SVT capped at £2,500 under EPG)
July 2023 - October 2023£1,976£3,000£1,976
October 2023 - January 2024£1,834£3,000£1,831
January 2024 - April 2024£1,928£3,000£1,928

Highlighted rows denote the periods where the Energy Price Guarantee was subsidising customers' energy bills.

If you have a fixed energy deal from E.ON Next or any other energy supplier, the price you pay per unit of energy will remain fixed until the plan ends. Once it ends your supplier will automatically place you onto its standard variable tariff if you don't (or can't) switch to another fixed deal.

Can I do anything about the E.ON Next price rises?

All customers on a standard variable tariff from E.ON Next are affected by price rises.

If you're on a fixed plan from E.ON, your rates will stay the same for the remainder of the contract. But remember that you'll automatically be rolled onto a standard variable tariff when your fixed deal ends, which will mean an increase to your energy bills.

You can see fixed energy deals currently available by running an energy comparison below.

Run an energy comparison

Enter your postcode below to compare energy prices and get started on your energy switch.

Which energy suppliers have changed their prices in 2024?

You can read about previous price changes from other suppliers below:

Will there be an E.ON Next price rise in 2024?

The energy price cap is currently predicted to decrease for the period from 1 April to 30 June 2024. The new level will be announced at the end of February.

Find out more about E.ON Next in our dedicated guide.

Read more:

Learn more

E.ON Next energy bill explained - Uswitch

We break down a sample statement to help you read your E.ON Next energy bill and cut through the confusion.

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Discover why 2024 energy price changes affect energy bills - Uswitch

Find out which suppliers have increased or decreased their energy prices and how that affects your energy bills in 2024.

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