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Rank 1
October 21, 2026
Question

Economy 7 Tariff Prices

Hi there, 

 

We recently moved into a new flat, and when we arrived we were told by the landlord that the house had been setup for Economy 7, though I had already signed us up to a 1 Year Fixed tariff with OVO. After a few phone calls, we have apparently been switched to Economy 7, but nothing shows up either on the smart meter or the outside meter so I have no idea what is happening - the immersion heater is also not working as expected, with the ‘7 hour’ switch heating the whole tank constantly. 

 

My main question though is that after asking to switch to an Economy 7 tariff, we’re not on a tariff that has a peak rate of 31.75p/kWh, and an off peak rate of 21.37p/kWh, as well as a standing charge of 62p a day - having looked around a bit this seems ridiculously high to me so I wanted to see if anyone else felt the same? I didn’t get any heads up about what this rate would be so I’m a little shocked and confused. 

2 replies

Rank 12
October 21, 2026

Have you set up an online account with OVO?. This would allow you to see exactly what is happening with your electricity usage during the previous day. You can view your usage as a graph or a list for each half hour. 

What were the prices that were quoted to you and you accepted when you signed up to your fixed deal?

Rank 1
October 22, 2026

Yeah I can see usage and cost unto the date that they seemingly switched us to Econ 7, but I only have usage data after that, not cost. I’m also not seeing a day or night rate in the readings anywhere online, or on the smart meter/outdoor meter. Seems like something not quite linking up somewhere?

 

Think I was quoted somewhere around 28/29p for a standard fixed rate back in early September just before we moved, which seemed fairly normal at the time, but I can’t tell if this is a lot higher than things like Octopus Snug, or if I’m just being a bit dim and missing something. We weren’t quoted for the Economy 7 tariff, just got switched over to the new plan from Std 1 Year Fixed.