E.ON customers set to face 8.8% price increase

E.ON’s standard variable tariff to increase by 8.8%

E.ON customers set to face 8.8% price increase

E.ON has today announced that it is to be the 4th member of the UK’s big 6 energy providers to increase prices.

The 8.8% increase on E.ON’s standard variable tariff, named EnergyPlan of is set to affect 2.5 million households by an average of £97 a year.

The rise, which consists of an average increase on electricity of 13.8%, and a 3.8% hike on gas, and is set to come into effect from the 26th April onward.

E.On blamed their first price rise for three years on the social and environmental schemes which support renewable energy.

“It is an announcement we never want to make, but is due in large part to the fact that many of the costs we don’t directly control, such as policies including energy market reform, the renewables obligation and the energy company obligation.”

Mark Todd, founder of switching service, energyhelpline has said:

"E.On delivered yet another bitter blow to households this morning as it announced a price rise,

"This massive increase will be very tough for customers to swallow and once again its loyal standard rate customers who are hit the hardest."

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