I've been offered 4 new Energy plans 2 fixed Rate ones and 2 Variable ones. If I don't choose one I will be automatically rolled into one of the variable plans but there is no mention of when this is going to take happen and how long I have left on my current plan.
@BPLightlog it doesn't say when it ends as I'm already on a variable plan that's why I asked if anyone know when the old plans ended.
Ah, ok @Lucky2 . As far as I’m aware, the standard variable plan follows the price cap charges with no exit fee and so although there are updates when Ofgem change the pricing, there is no end date as such
Yes @BPLightlog I would say so. I do have another variable to choose from and 2 fixed plans which I'm definitely not going to sign up to , I'm just wondering when the one I'm on ends and these ones start as there is not indication.
Yes @BPLightlog I would say so. I do have another variable to choose from and 2 fixed plans which I'm definitely not going to sign up to , I'm just wondering when the one I'm on ends and these ones start as there is not indication.
I see - I think there was another forum volunteer member who was in a similar situation let me see if they’re around .. @Firedog .. any advice?
Bring me Sunshine ~ E&E {Solar PV, Battery Storage, Hybrid EV, ASHP and Home Assistant automation}
Yes, if you do nothing, your rates will stay the same until 1st July.
OVO could decide to reduce the rates on the variable plan before then. The Ofgem cap and the government Energy Price Guarantee is a cap not a floor. I doubt this will happen.