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July 9, 2022
Solved

Can I switch from an Economy 7 plan to a single rate plan without a smart meter exchange?

  • July 9, 2022
  • 56 replies
  • 7964 views

Hi I’m currently on an Econ 7 meter/tariff however my night usage has dropped significantly over the last year as I no longer use the night storage heaters (way too expensive).

I’m now thinking that I’d do better on a standard rate tariff. My current fix ends, end of Aug and OVO have offered me several tariffs, but I can’t access any non Econ 7 tariffs - and OVO seem to have closed their phone service today so I can’t ask that way.

I don’t have a smart meter (and don’t want one). 
Where can I access tariff rate fixes and current/predicted price please?

Best answer by Jess_OVO

Updated on 02/09/25 by Chris_OVO:

 

Unfortunately, we don't currently have the functionality to change Smart Meters from Single Rate to Economy 7, or vice versa. This is something we are looking to make possible in the future and we’ll keep you posted with any further updates here on the Forum!


If you’re on an Economy 7 plan and you’d like to switch to a new standard energy plan, just shop around for a plan in the usual way. If your meter needs to be changed, most energy suppliers will do that for you at no extra cost. So if you’ve got a traditional meter, it’s likely this will need changed first.

 

 

Economy 7 to Single Rate 

 

Although we're unable to physically change the functionality of meters right now. We can offer an Economy 7 to Single Rate plan! This means you’ll be paying the same rate for each register.

 

If this is something you’re interested in, please get in touch with our Support Team.


 

Single Rate to Economy 7 

 

At the moment as it stands, there's no way for customers who wish to switch their Smart Meters from Single Rate to Economy 7

 

For more on Economy 7, check out the OVO web page here.

56 replies

Newcomer
September 21, 2022

Having spoken to customer support yesterday about tariffs, I am somewhat puzzled & I need clarification.

I have been in contract for 2 years with Economy 7. This ended this week and I have moved to a variable tariff with the new current rates:

Peak 30.48 p/kwh and off-peak 20.03 p/kwh.

I have also recently installed a PV system with a battery system

My query was, “what is the single tariff I would be offered if I came out of the Economy 7 scheme?”

I expected it to be lower than the peak, but larger than the off-peak and that I could then calculate whether or not my new usage pattern with solar generation would be better served to go to a single 24 hour tariff. The answer I was given was that the tariff would be the same as the peak for economy 7 - 30.48 p/kwh.

Is this correct and why? Obviously, if its correct, I will remain on Economy 7 and use the night time hours as much as possible again.

Jeffus
Rank 20
Rank 20
September 21, 2022

Hi @Naptonian the main thing that strikes me is that 30.48 definitely looks like the unit rate till end September.…

Perhaps wait till you get an email from OVO about your 1st October rates, then ask OVO again.

I got my email tonight, but am not on E7. 

Newcomer
September 22, 2022

Your E7 rates are very close (but not exactly the same, probably in different regions) to mine. As Jeffus said, it's probably best to just wait until the October rates are sent out, but I would say that "standard" electric unit rates are always between the day and night rates  so they might have given you the flat rate after October. Another source of cost confusion is VAT, some figures have them added, some don't.  The MSE site figures include VAT, OVO generally don't (not in the app at least), so there's plenty of scope for confusion there, as I have found for myself 🙂.

Emmanuelle_OVO
Retired Moderator
Retired Moderator
September 22, 2022

 Hey @Naptonian,

 

Welcome to the OVO Online Community.

 

Great to see our community members giving you some tip-top advice here. 

 

As this is account specific and unit rates vary depending on region I am unable to answer this question. You are best placed to go to Support with a query like this. 

 

@Jeffus and @TiminSurrey are right, you’re probably best off waiting for confirmation of the unit rates in October. When you do compare rates between Economy 7 and Single Rate, I'd advise ensuring they are giving you the variable rate for both and make sure they are both with VAT. This will mean you get an accurate comparison. 

 

As Jeffus said, it's probably best to just wait until the October rates are sent out, but I would say that "standard" electric unit rates are always between the day and night rates  so they might have given you the flat rate after October. Another source of cost confusion is VAT, some figures have them added, some don't. 

 

Hope this helps.

 

Want to find out more information about the Energy Price Guarantee?

Renewable Energy? Big Fan.
Newcomer
January 1, 2023

Hello. I am on a ‘fixed price plan’ with OVO till August 23 and have recently brought an electric car.

Can I have an ‘ economy 7’ plan running at the same time so I could charge the car ar a cheaper rate?

Thank you

BPLightlog
Super User
Super User
January 1, 2023

@tonyx1302 OVO do have the ‘Drive’ tariff option although I’m not sure if you’d be able to change from your current fixed tariff 

https://www.ovoenergy.com/electric-cars/ev-tariff/

Bring me Sunshine ~ E&E {Solar PV, Battery Storage, Hybrid EV, ASHP and Home Assistant automation}
Newcomer
January 8, 2023

I am currently on Economy 7 but my circumstances have now changed and I do not use much night time electricity, I believe I'll be financially better off reverting to a standard non Economy 7 plan. Can anyone please help me as I can't find any info on the OVO website to do this. 

Firedog
Super User
Super User
January 8, 2023

I’m in the same situation, although in my case the fixed-price E7 contract is coming to an end (today!) and I wanted to switch to single-rate. I used the web chat option at https://help.ovoenergy.com (open weekdays between 8am - 6pm, 9am to 1pm on Saturdays) to make the request. The advisor said he’d made a note on my account recording the request and gave me a case number. Now it’s a bit of a waiting game; I’ll be surprised and delighted tomorrow if I discover that I’ve been migrated to the standard variable single-rate tariff, but I’m admittedly not holding my breath. You will see another reply here from me in the fullness of time. 

When you get through to the webchat, the topic you need is ‘metering’. You’ll also need to know your account number (shown at the top of your bill).

Alternative contact methods are available, but apparently the telephone option is frustrating, with long waiting times and unsatisfactory outcomes being reported daily in this forum - and of course you have no record of the conversation unless you are able to create one yourself. 

 

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. |
Blastoise186
Super User
Super User
January 9, 2023

Hey @Ernest G ,

Does this actually affect the Meter Readings as well, or just usage data?

Securing energy by zapping security bugs... For that is The Blastoise Way! Remember, I'm just like you - AI Powered Evil Geniuses aren't Staff!
Newcomer
January 9, 2023

The actual Meter Readings are in line with those quoted by OVO but the usage data they produced on 5 January bears no resemblance to what we use. For example, Gas use that day is said to have been 513kwh, whereas our normal use is about 100kwh, or a bit less.

So, the faulty Meter Reading seems to have caused the problem.