E.ON has announced a 9% price rise, effective 26 April 2017.
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Announced in early March 2017, the news of E.ON's price hike came amidst a flurry of price rise announcements that followed a winter of price freezes from the big six.
E.ON's price rise of 9% — 4% for gas and an eye-watering 14% for electricity — makes it number four of the big six to announce that, now past the promised months of frozen prices, it would be increasing prices for customers on variable rate energy plans.
What can I do?
On a variable rate plan? Run an energy price comparison ASAP to find the best deal for you. And switch to a fixed rate plan to protect yourself from future price rises.
On a fixed rate plan? Great! But don't get too complacent. When your fixed term ends, you'll be rolled onto a variable rate tariff, making you vulnerable to price rises like the one just announced by E.ON.
Previous price changes from E.ON
In December 2016, E.ON announced it would freeze prices for standard rate customers for the winter months.
Previously, E.ON had announced a 5.1% price drop that took effect 1 February 2016.
In late January 2016, E.ON was the first of the big six to offer price cut for the year. Within a month, the rest of the big six — British Gas, SSE, npower, ScottishPower and EDF Energy — had announced cuts of their own.
This was the first price cut announcement from a big six energy supplier since August 2015, when British Gas announced their second price cut for that year.
At the same time as the price cut announcement, E.ON launched the cheapest fixed plan on the market, which was soon undercut by SSE. And though E.ON re-launched their plan at an even cheaper rate, both SSE and E.ON were in turn undercut by Extra Energy within the week.