+3Hi everyone,
So, there’s a lot of talk/speculation about fuel prices increasing in October, my question is, would I benefit from changing to my current plan which is at the variable rate (Simpler Energy) to another plan, eg, a one year fixed price plan?
I have done a comparison of rates and standing charges and it seems a ‘swings and roundabouts’ thing, but of course that is as things are currently.
I understand no-one has a crystal ball but I’m interested in people’s opinions
Thank you.
Best answer by Firedog
Updated on 01/07/25 by Ben_OVO
We’ve got a handy Forum article that covers Ofgem Price Cap changes:
You can view our available tariffs here: https://www.ovoenergy.com/home-energy-plans
There have been several recent replies to similar questions which may help you decide:
Updated on 01/07/25 by Ben_OVO
We’ve got a handy Forum article that covers Ofgem Price Cap changes:
You can view our available tariffs here: https://www.ovoenergy.com/home-energy-plans
There have been several recent replies to similar questions which may help you decide:
I’ve recently fixed. I think one year fixed deal is slightly more than the variable rate but should be cheaper than the rates from October, through the winter. Fingers crossed, anyway.
+3I fixed for one year a couple of weeks ago. It’s only a penny or so above the base rate now and, having solar panels, the energy I’ll use between now and October will be minimal.
+3
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