E.ON launches cheapest dual fuel energy tariff in Britain

E.ON has made a new version of its one year dual fuel fixed tariff available which is currently the cheapest energy tariff available in Britain. E.ON Energy Fixed 1 Year v19 is priced at £769 a year for the average unrestricted dual fuel customer who pays by fixed monthly Direct Debit with paperless bills.

The tariff is available to new and existing customers. Any E.ON customer wishing to change to the tariff can do so without any exit fee being applied.

Commenting on today’s tariff news from E.ON, Stephen Murray, energy expert at MoneySuperMarket, said: “For the second time this week energy giant E.ON really puts pressure on the rest of the Big Six by releasing a market leading fixed tariff to back up its cut in standard gas prices. It has made a very clear move in response to falling wholesale prices and consumer outcry to cut household costs, and this will hopefully force the other Big Six players to cut standard prices for both gas and electricity.

“Effective immediately, E.ON’s new version of its one year fixed tariff will cost consumers a wallet-friendly £769 a year – the cheapest energy tariff on record since March 2011 – almost five years.

“These low prices are what consumers deserve in view of the sharp falls seen in wholesale gas prices over the last year, and should be supplemented by cutting the prices of the standard tariffs also.  However customers on those standard tariffs should be taking advantage of the great fixed deals in the market by switching now.

“For anyone worried about how much they spend heating and lighting their home during winter, it should be comforting to know that there are actually savings of over £300* out there for anyone currently on a standard tariff. So while we await the other big suppliers to make their move to cut costs, consumers can rest assured the best deals can be won by switching, not staying on standard tariffs."