The Wire · Energy & Grid

Ahead of Budget, E.ON sets out three-point plan to cut bills

By Anthony at GridteamAI

Corrected on 27 October 2026. See our corrections.

E.ON UK published a three-point plan ahead of the 28 October Budget, warning that, on its own analysis of market forecasts, the January 2027 price cap could pass £2,000 a year for a typical household. E.ON cites Energy UK's February estimate of around £5.5 billion of household energy debt. Energy UK said in August that debt had likely hit a record £6 billion in the first half of 2026, and expects £7 billion by the end of the year. E.ON calls for the £15 billion Warm Homes Plan to be protected and points to a Coventry pilot in which households with fully funded batteries on a time-of-use tariff saved about £255 a year on average.