Is there a price difference on the Simpler Energy Plan if paying by Direct Debit or On Demand?

Forum|Forum|3 years ago
October 1, 2022
12 replies
3576 views

Are there different rates for OVO customers on the Simpler Energy plan who pay by direct debit compared to those who pay on demand? I have seen a few posts that mention paying by direct debit is cheaper by approximately £200 per year, but does this apply to OVO or is this in reference to other suppliers? I currently pay by direct debit but nowhere on my bill does it state that there is a discount for paying by direct debit.

I understand that bills are higher in winter than summer, and that charges have increased. I have factored this into my workings. I am not interested in OVO helping me to budget as I am able to do this myself. I just want to know if there is a financial penalty with OVO for customers on the Simpler Energy plan who cancel their direct debit and pay bills on demand. For information, I have smart meters for Gas and Electric, so readings are automatically sent monthly and my OVO account is currently over £1000 in credit.

Many thanks in advance.

Best answer by Blastoise186

Updated on 12/08/26 by Ben_OVO

This does indeed apply to OVO, it’s cheaper via Direct Debit. It’s applied to the unit rates and standing charges directly, so there’s no discount listed as a line item.