What is the current price capped tariff for two rate economy 7?

So what actually are the rates for Jan-Mar please? 

Hey @Simon 1402,

Welcome to the OVO Online Community,

Your Unit Rates and Standing Charges should be on your Online Account. You’ll also be able to see these on your statements.

If you were one of the customers affected by the Ofgem price cap increase in January, you’d have been contacted by OVO. 

My response taken from a similar thread might be helpful to you:

Energy Price Guarantee

The Energy Price Guarantee (EPG) refers to the Government initiative which started October 1st. This limits the energy bill for a typical household to £2500 until the 31st of March 2023. This will be increasing to £3000 in April 2023, and will remain in place until March 2024. 

The EPG is in addition to the Energy Bills Support Scheme, where every household will receive a £400 discount to help with the cost of energy. You’ll receive £66 in October and November, and then £67 every month until March. 

Price Cap

The Price Cap which is set by OFGEM means the maximum cost that a supplier can charge a customer on average, per year. The Price Cap is influenced by wholesale costs. This includes distribution costs in each region. OFGEM takes a look at the underlying costs to supply energy and sets the cap accordingly. 

Don’t worry, although the Price Cap has been set much higher than the EPG (about £4200). The EPG protection will remain in place until March 2024 and the government is still absorbing a lot of the cost. 

Why are some customers seeing a price increase despite the EPG? 

OFGEM has decided to amend the Price Cap to make changes to regional charges, but the EPG discount remains consistent, as an average, across different regions. This will result in some customers' charges increasing on the 1st January. 

The EPG is an average discount across the board, however regions that are more costly to provide energy to, will see an increase in costs. 

All of this will be communicated to affected customers. If you're affected by the regional pricing updates and your prices are set to increase in January, we’ll contact you over the next few weeks with an update of your change of price and forecasted costs for the year.  

What about Fixed Tariff customer’s moved to the EPG?

We made a promise to these customers that we would continue to monitor their accounts and if a customer becomes disadvantaged, we’ll reach out to them and inform them of the next steps.