We’ve doubled what you can save compared to the energy price cap with Next Pledge.

Quick summary: Next Pledge guarantees energy prices stay below the Ofgem price cap. Save up to £100, based on average annual energy use.

We want to help you take back control of your energy bills by offering a £100 average saving below the new energy price cap (starting 1 April 2026) only with our Next Pledge tariff.✱

On 25 February, Ofgem announced the new price cap would be £1,641 for a typical household (using electricity and gas and paying by Direct Debit) between 1 April and 30 June 2026.

How our Next Pledge tariff works.

Next Pledge is our 12-month fixed term tracker tariff with prices that automatically adjust each quarter to remain below the price cap.✱ This is to help give you peace of mind when times feel uncertain.

• The price: The tariff will be priced at £1,541 for average annual energy use. After this, you’ll see the rate change in line with the new price cap.

• Your saving: Your £100 saving is applied as a reduction on unit rates split across both electricity and gas (£50 saving per fuel) based on the Ofgem average dual fuel customer. If you use less than this, you'll see a lower saving amount.✱

• Exit fees: The good news is, we don’t place exit fees on Next Pledge. However, there is a £25 exit fee (per fuel) if you switch suppliers.

• Other details: You’ll need a smart meter and Direct Debit payment in place where possible.

Learn more about Next Pledge.

Should I wait until the 1 April price drop to switch to Next Pledge?

If you switch to Next Pledge, you won't need to time the market. This 12-month tracker tariff moves with the price cap – it’s designed to be flexible. If the price cap falls, your energy price falls too, hopefully bringing you some peace of mind.

We are continuously reviewing our tariffs in response to wholesale market conditions. Because the energy market remains dynamic, the current Next Pledge tariff and its boosted average £100 saving are subject to availability and may be withdrawn at any time.

Of course, you should always do your research and weigh up your options before making any decision. Plus keep an eye on our price cap predictions for the latest figures (updated weekly).

If I sign up for Next Pledge now, can I switch if a better deal comes along?

Yes, you can switch, which is why Next Pledge could be a good option. If you decide to switch suppliers, there’s an exit fee of £25 per fuel (£50 for dual fuel customers).

We’ve kept this fee as fair as possible, while giving you the freedom to move if circumstances change.

How Next Pledge compares to the price cap.

We’ve put together a useful table comparing the price cap with our Next Pledge 12-month tariff.

Switch to Next Pledge today.

You don’t need to be a new customer to switch to Next Pledge. If you’re an existing E.ON Next customer, you should be able to switch through your online dashboard.

With Pledge, you can count on:

• Guaranteed savings vs the price cap.

• Automatically benefitting if energy prices drop.

• No exit fees unless you change suppliers (£25 exit fee per fuel).

See prices

• ✱ Next Pledge is a 12-month fixed term tracker tariff with variable rates that are always lower in comparison to the Ofgem Price Cap, that applies to standard variable tariffs. £100 saving is applied as a reduction on unit rates split across both electricity and gas (£50 saving per fuel) based on Ofgem average dual fuel customer. Actual savings depend on usage and region. Payment by Direct Debit required. £25 exit fee per fuel if you change supplier.