E.ON Offers Consumers New Fixed Energy Rate

It now seems that consumers of E.ON have been offered a new fixed rate until July of 2013. However, this fixed rate is at a 9 percent premium on E.ON’s standard prices. The truth of the matter is that this deal is good for anyone that is worried about their energy bills rising in the next few months.

The thing to remember is that fixed rates are the right idea for some. However, since they do come with a premium, not everyone is going to get their money’s worth out of it. E.ON said that the introduction for its new “Fixed Price 5″ deal means that people will be protected from rising energy prices for the next two winters. This deal will run until July 1, of 2013.

E.ON went on to say that this new fixed energy rate does come with a unique feature. Apparently consumers signed up with this deal will earn Tesco Clubcard points for the money they spend on energy. These consumers can then exchange their Clubcard vouchers for some online tokens to help pay off energy bills.

The energy company went on to tell consumers what a great deal these Clubcard vouchers are. In fact, the company pointed out that these vouchers are actually worth more than cash. This is because, for every £10 of Tesco Clubcard vouchers exchanged, the energy company will add 50 percent to it. Thus, the consumers would see a £15 deducted from their bill. When looking at it like this, it is pretty easy to see how this voucher system could add up in the consumer’s favor.