What are the EON prices rises about?
August 15, 2011
We’ve just had a letter from our energy company stating that the rate at which we pay for energy will be increasing. We found this out after labouring over the letter for around an hour and checking the previous rate at which we pay.
We buy both our gas and electricity from EON, we’ve had no problems with them in the past, and we would actually recommend them as a company to a friend. Our problem is not with EON, it’s with energy companies in general.
We realise that the wholesale prices of electricity and gas are rising but after checking the letter found that the price of electricity and gas in our instance was increasing by a whopping 15%. Our yearly bill is already around £1,000 so that’s a £150 addition we don’t want to pay.
Questions
Why has this increased so rapidly? Will it come down when it stabilises? Who is making all the money from consumers?
Answers
Because it’s not being managed properly by someone with more money than me. No, someone with more money than me will continue to make more money. Someone with more money than me is counting all their money on a luxury yacht in Monaco.
What Else: