Elderly face energy price hikes - Gas and electricity - News - Moneyfacts

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Elderly face energy price hikes

Elderly face energy price hikes

Category: Gas and electricity

Updated: 02/10/2013
First Published: 02/10/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Tens of thousands of E.on's elderly customers face a hike in energy bills after the energy supplier announced it will be scrapping its low-cost tariff for those aged over 60.

The supplier's StayWarm scheme offers fixed price energy for 12 months with nothing extra to pay and no bills throughout the year.

However, the firm said it has been forced to withdraw this tariff due to new Ofgem rules that limit the number of tariffs that energy companies can offer.

The change will affect all customers whose contracts end after 7 October.

What can you do?

According to E.on, all affected customers will receive letters informing them of the changes and advising them on what they could do next.

If your contract ends after 7 October, then you will be automatically signed up to the supplier's more expensive tariff, unless you tell E.on otherwise.

If you're one of the customers affected then you could start searching for a cheaper energy deal.

What Next?

Compare the latest tariff updates from our partner energy helpline

Save up to £320 by switching your supplier today

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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