Beatrice Lang
Npower was one of the “Big Six” energy suppliers in the UK, offering a wide range of tariffs to suit all needs. In 2019, Npower was acquired by E.ON, and existing customers were migrated to E.ON Next. Npower offered both fixed and variable electricity tariffs, including the standard tariff, which had variable pricing that moved up or down with the company's rates. While Npower's standard electricity tariff rates are not readily available, they offered discounts and promotions such as a 7% discount on gas and electricity and a £100 refund after 12 months for paying by direct debit. Npower also had green electricity tariffs like Npower Juice, which sourced energy from renewable sources, and Npower National Trust, which contributed to the National Trust Green Energy Fund.
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What You'll Learn
Npower was acquired by E.ON in 2019
Npower was a mainstay of the UK energy industry for two decades, beginning life under the name Innogy in 2000. It operated as Npower since 2002 and was one of the country's major suppliers until it became a subsidiary of E.ON in 2019.
The merger between these two Big Six giants created one of the industry's biggest powers. Npower was acquired by E.ON UK at the beginning of 2019, following a failed merger with SSE. This merger made E.ON UK the largest overall provider of electricity and gas in the UK. E.ON Next, the energy retail business of E.ON UK, supplies electricity and gas to residential and SME customers.
After the acquisition, E.ON announced its bid to reinvent the business by launching E.ON Next, a new organisation and brand. Npower's residential customers were transferred to E.ON Next in 2021. Since then, the npower brand has only been active within the commercial energy space, marketed as npower Business Solutions, a brand of Npower Commercial Gas Limited. Npower Business Solutions provides gas and electricity to large businesses and is a subsidiary of E.ON UK.
Npower offered a multitude of different tariffs for its customers, including the standard tariff, where prices moved up or down if the company changed its rates. Npower Juice was their green electricity tariff, sourcing energy from renewable sources with no premium to pay. Npower National Trust was the same as the juice tariff, with monies contributed to the National Trust Green Energy Fund. Npower Business Solutions offered support to businesses to monitor and manage consumption, develop an energy strategy, or set more ambitious goals on the road to net zero.
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Existing customers can retain their tariffs
Npower was one of the UK's best-known energy companies, providing around 70% of the country's electricity and 69% of its gas. It was part of the Big Six energy suppliers and offered a wide range of tariffs to suit all needs. In 2019, Npower was acquired by E.ON, and the full merger is expected to complete in the coming years. Existing Npower customers will not be affected by the merger, and their tariffs and monthly bills will remain the same.
Npower offered both fixed and variable tariffs, with the latter being more popular due to their flexibility. However, variable tariffs come with the risk of higher rates when the market price is higher. Npower also had prepayment options and dual-fuel tariffs, where customers could choose to take electricity, gas, or both.
Some of Npower's notable tariffs included the Standard Tariff, which moved up or down according to the company's rates, and the Discount Tariff, which provided a 7% discount on gas and electricity until the end of August 2013. The Go Save Tariff offered a £5 discount per fuel by providing meter readings, while the Bill Saver Tariff provided a 7% discount with no early exit penalties.
For environmentally conscious customers, Npower offered green tariffs such as Npower Juice, which sourced energy from renewable sources without any premium, and Npower National Trust, which contributed to the National Trust Green Energy Fund.
Existing Npower customers can rest assured that their tariffs will not change due to the merger with E.ON. However, for those looking to switch to Npower, it is essential to know that new customers will be directed to E.ON's tariffs.
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Npower offered a wide range of tariffs
One of Npower's notable offerings was the Next Pledge tariff, a 12-month fixed-term tracker tariff with rates that were always lower than the Ofgem Price Cap. This tariff provided savings and peace of mind to customers concerned about potential price increases.
For those with electric vehicles, Npower introduced the Next Drive tariff, offering lower-priced electricity during off-peak hours (between 12 am and 7 am). This tariff was ideal for EV owners who could take advantage of the reduced rates to charge their vehicles overnight.
Additionally, Npower offered the Next Pumped tariff, specifically designed for heat pumps. This tariff provided customers with two off-peak periods each day, allowing them to benefit from significantly lower rates compared to standard rates.
Npower also demonstrated a commitment to renewable energy sources with its Npower Juice tariff. This green electricity tariff sourced energy from renewable sources without any additional premium. Furthermore, Npower contributed to the development of future renewable energy products through its "juice fund".
The company also offered the Npower National Trust tariff, similar to the Juice tariff, which sourced energy from renewable sources without a premium over the standard tariff. With this tariff, Npower contributed funds to the National Trust Green Energy Fund, supporting environmental initiatives.
It is worth noting that Npower's prices varied depending on the customer's location within the country, making direct cost comparisons with other providers a bit challenging. Nonetheless, Npower provided a comparison search engine on their website to help customers evaluate their options.
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Npower's standard tariff prices vary
NPower, one of the UK's best-known energy companies, offers a wide range of gas and electricity tariffs to cater to diverse consumer needs. The company was acquired by E.ON in 2019, and existing NPower customers were transitioned to E.ON Next, which offers specialist services. While NPower no longer accepts new customers, existing plans remain unaffected.
NPower offers a variety of tariffs, including the standard tariff, discounted tariffs, and fixed-price tariffs. The standard tariff, as the name suggests, does not include any discounts, and prices move up or down in accordance with the company's rate adjustments. NPower's standard tariff prices are influenced by various factors, including the company's operating costs, market conditions, and energy demand.
In contrast, NPower's discounted tariffs, such as the "Bill Saver," offer a percentage discount off the standard tariff rates. These discounts can lead to significant savings for customers, especially when combined with other promotions, such as paying by direct debit. Additionally, NPower's fixed-price tariffs provide customers with price stability by guaranteeing rates that remain constant for a specified duration, shielding customers from variable market prices.
It is worth noting that NPower's prices also vary depending on the customer's location within the country. This variation is due to differences in regional energy costs, transmission charges, and local regulations. Therefore, when considering NPower's standard tariff prices, it is essential to take into account the specific region and the associated pricing adjustments.
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Npower offers 100% renewable energy tariffs
Npower is one of the "big 6" power and energy providers in the UK, offering a multitude of different tariffs for contract customers. These include the standard tariff, which is variable and moves up or down if the company changes its rates, as well as discounted versions of the standard tariff, such as the "sign online" tariff. Npower also offers fixed-rate tariffs like Go Fix and Go Fix XL, which have fixed prices for a longer period and a standing charge.
In terms of renewable energy, Npower offers 100% renewable electricity tariffs through their Business Renewable: REGO Backed Electricity product. Their Juice tariff also sources energy from renewable sources with no premium to pay, and they have set up a "juice fund" to support future renewable energy products. Additionally, Npower National Trust is another renewable energy tariff where monies are contributed to the National Trust Green Energy Fund. These renewable energy tariffs provide customers with the option to choose electricity from sustainable and environmentally friendly sources.
For businesses, Npower Business Solutions provides renewable electricity options, including tailored fixed contracts, flexible portfolio solutions, and carbon off-setting for gas. Their UK Business Renewable Energy is generated from renewable sources in the UK and is backed by Renewable Energy Guarantees of Origin (REGO) certificates. These certificates provide evidence that the electricity has been sourced from renewable sources, enabling businesses to meet their environmental goals and report zero emissions.
Npower's renewable energy tariffs cater to both residential and business customers, offering a range of options for those seeking sustainable energy solutions. While their standard tariffs may be more challenging to compare directly with other providers due to varying rates across different areas, their renewable energy offerings provide customers with choices that support the transition to cleaner energy sources.
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Frequently asked questions
Npower is no longer available to new customers and has been acquired by E.ON. Existing Npower customers will have their tariffs switched over to E.ON and their monthly bill will not be affected.
Npower offered a wide range of gas and electricity tariffs to suit all needs. Some of their tariffs included Bill Saver, Go Save, Juice, Go Fix, and Sign Online.
A standard tariff is a variable tariff, meaning the prices will move up or down if the company changes their rates. These tariffs are popular but do not include any discounts.
A standard tariff offers flexibility in switching plans, but the cost of the plan may increase if the market price is higher. A fixed tariff allows you to budget your electricity and gas bills for a certain period, and the unit prices are generally slightly higher than standard tariffs.
