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.