Mitigating the Impact of Rising Energy Costs
As the energy price cap prepares to climb from £1,834 to £1,928 in the new year, households are bracing for a potential £94 increase in their annual bills. However, consumer advocate Martin Lewis recommends a practical solution for thousands.
E.ON Next’s Solution: ‘Pledge’ Tariff
E.ON Next extends its ‘Pledge’ variable tariff to both new and existing customers, promising a 3% discount, equivalent to around £50 in annual savings compared to Ofgem’s price cap rates.
Locking in Savings and Exit Considerations
Customers opting for the ‘Pledge’ tariff commit to a 12-month lock-in period. Exiting early incurs an exit fee of £50 for dual-fuel or £25 for electricity-only.
Martin Lewis, emphasizing the straightforward savings this tariff offers, deems it a “no-brainer” for those looking to ease the impact of escalating energy costs.
Source：thesun.co.uk
