My Smart Energy contract with Ovo comes to an end soon so Ovo have sent me opportunities to renew. My last years energy worked out at an average of £73 a month. The new 1 or 2 year fixed deals offered are both £117 a month. That’s a 60% increase.
So I thought I’d look a bit further into the maths to see exactly where the increase is coming from.
Comparing the old tariff with the new:-
Standing charge electric - up 27%
Standing charge gas - up 54%
Kwh electric - up 43%
Kwh gas - up 65%
I’ve completed the pop-up window that appears each time I log into my account, to ask someone from Ovo to call to discuss renewal. Still waiting for the call but looking forward to the explanation for such huge increases. I know the cap has gone up but…..
Best answer by JeffusView original