When I renewed my contract in July 2018 my new rates were 15.68p per kWhr for electricity and 3.51p for gas. Comparing these with my friend who renewed in April 2018 his rates are 12.65p for electricity and 2,78p for gas- a massive increase of around over 20%. Similar increases apply to electricity and standing charges. The Tariff name is Better Energy March 2018 which is the same as my friend.
My question is how can there be such a difference in a similar product and what advice can you give me to secure a better deal with OVO at the appropriate time.
Best answer by Nancy_OVO
Sounds like your friend renewed when our prices were lower. Prices can change depending on the wholesale costs of gas and electricity, and the costs of delivering it to your home. If your renewal offer is higher than your friend's, this means our prices have changed since they renewed so those prices are no longer available.
If you can upload a photo of your bill onto this thread, we can have a look at what's going on with your meter readings.