- 4 updates
E.On's announcement today is the latest in price hikes from energy firms:
- British Gas imposed an average increase of 6% affecting 8.5 million customers from November 16.
- Npower's average rise of 8.8% for gas and 9.1% for electricity came into force on November 26.
- EDF Energy's 10.8% price rise for domestic gas and electricity came into force last week.
- SSE, which trades as Southern Electric, Swalec and Scottish Hydro, increased its tariffs by 9% on October 15.
- Scottish Power hiked bills by an average 7% on December 3.
- E.On has approximately 4.8 million domestic customers.
- 800,000 of the energy firm's customers are on fixed tariffs and will not be hit by the price hike.
- From January 18, a typical standard dual fuel customer, who pays by cash or cheque, will see their bill rise by around £110 a year to £1,370.
Energy firm E.On will increase electricity prices by 7.7% and gas prices by 9.4% from January 18, the company has said.
The average dual fuel price will increase by 8.7%.
All of the major energy companies have now announced a price rise for UK customers.