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Firedog
Super User
FiredogSuper User
Super User
Jun 5, 2026 9:22 AM UTC
Solved

Why has my Tariff name changed?

My tariff hasn’t changed since I fixed it last year. On my March bill, its name was given as:
Extended Fixed 27 February 2025

On my April bill its name has changed to:
Extended Fixed 27 February 2025 LPC

There’s no mention of LPC anywhere on the Our prices | OVO Energy page. 

What is the meaning and significance of LPC?  Should I be worried?

 

Abby_OVO
Abby_OVOBest Answer
Community Manager
Jun 8, 2026 8:46 AM UTC

Hey ​@Firedog ​@Nukecad ​@TomThumb 

 

I’m glad to see you all got to the bottom of that one in the end. I did have the team confirm and yes, that is the Levy Policy Change.

Currently Playing: She's Electric
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7 replies

Nukecad
Super User
NukecadSuper User
Super User
Jun 5, 2026 4:22 PM UTC

It's the tariff reduction that happened at the start of April.

I'm on a fixed loyalty plan, but see similar with it changing and “LPC” being added to the plan name after the reduction on April 1st.

 

Out of beer error >>>> Recovering memory.
    TomThumb
    Rank 6
    TomThumb
    Rank 6
    Jun 5, 2026 5:45 PM UTC

    Loss Prevention Charge (LPC)

    Not exactly indicative but that’s the marker of the April tariff reduction.

     

    Tom…

    3 meters: Smart Gas & Smart Elec / Traditional Gas meter
      Firedog
      Super User
      FiredogSuper UserAuthor
      Super User
      Jun 5, 2026 6:28 PM UTC

      Thank you both 🙇‍♂️ I’d decided I was a Low Priority Customer!

      Noel | I have no official status; I'm just a volunteer who comes here to help other customers. My gear: Aclara SGM 1416-B Electricity-only E7 meter; Chameleon IHD3-PPMID-AAA | It may look as if I know what I’m talking about, but don’t let that fool you. |
        Nukecad
        Super User
        NukecadSuper User
        Super User
        Jun 6, 2026 7:28 AM UTC

        There’s a few things it could stand for, eg. ‘Legislated Price Change’ or ‘Lowered Price charge’.

        Maybe one of the mods could find out?

        Out of beer error >>>> Recovering memory.
        Firedog
        Super User
        FiredogSuper UserAuthor
        Super User
        Jun 6, 2026 9:14 AM UTC

        I should add that ‘Loss prevention’ conjures up images of beefy bailiffs escorting a forensic electrician tasked with cutting the illegal power supply to a cannabis farm. I can’t spot the connection to the removal of some government levies from my bills.

        I think the answer is here: Government levy policy changes 

         

        ETA: It’s a bit odd that the figures given on the Our prices | OVO Energy page show the current, LPC rates, but that may be for fixed-rate tariffs that are still extant (e.g. Extended Fixed 12/12/2024, which might still have a month left to run, or the ambiguously-named 2 Year Fixed 18 April 2024 - 18/02/2024, which hasn’t however you choose to look at it).

        Noel | I have no official status; I'm just a volunteer who comes here to help other customers. My gear: Aclara SGM 1416-B Electricity-only E7 meter; Chameleon IHD3-PPMID-AAA | It may look as if I know what I’m talking about, but don’t let that fool you. |
          Nukecad
          Super User
          NukecadSuper User
          Super User
          Jun 6, 2026 4:39 PM UTC

          Well found, Levy Policy Changes fits too well to be a coincidence.

          Out of beer error >>>> Recovering memory.
            Abby_OVO
            Community Manager
            Abby_OVOBest Answer
            Community Manager
            Jun 8, 2026 8:46 AM UTC

            Hey ​@Firedog ​@Nukecad ​@TomThumb 

             

            I’m glad to see you all got to the bottom of that one in the end. I did have the team confirm and yes, that is the Levy Policy Change.

            Currently Playing: She's Electric
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