Attention electricity customers: Price increase at E.ON - How to find cheaper tariffs for heating and heat pump electricity

Attention electricity customers: Price increase at E.ON - How to find cheaper tariffs for heating and heat pump electricity

According to a report by www.radiomuelheim.de, a big price increase is imminent for some E.ON electricity customers. The Mülheim consumer advice center reports that the tariff for basic services will approximately double from February 1, 2024. Affected customers are advised to change their tariff, especially if they heat with a night-time storage heater or use a heat pump. According to E.ON, the notice period is two weeks.

Consumers should find alternative tariffs for heating or heat pump electricity via online comparison portals such as Verivox or Check24. It is important to adjust the filter settings to increase the number of plans displayed. The consumer advice center recommends allowing a longer contract term of up to 24 months, although a shorter term of just twelve months is generally recommended.

This price increase could have a significant impact on the market and consumers. Many customers will decide to switch to a cheaper provider to avoid the impact of the price increase. This could lead to strong competition in the electricity market, with other providers trying to win E.ON customers. Additionally, consumers could make significant savings by switching to a cheaper plan. However, it remains to be seen how E.ON and other providers will respond to consumer reaction and what long-term impact this will have on the electricity market.