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Rank 5
September 5, 2024
Solved

New Fixed Tariff

  • September 5, 2024
  • 20 replies
  • 1638 views

When I first signed up to my new fixed tariff this is the information I had.

But when I spoke to an agent online this is the information she gave me which is completely different.

And this morning I received the contract.

The main reason I sign up was because I thought it a better deal came up I would be able to change without any fees.

Best answer by Nukecad

Updated on 18/08/25 by Emmanuelle_OVO:
​​

It’s just the wording, read your 3 screenshots again.

Your fiist screenshot says at the top that there is no fee if you switch from an OVO Fixed Loyalty deal to another Fixed deal with OVO
(I can confirm that, because I did it myself only last week with 4 months left on my previous 12 month plan, I switched to another OVO Fixed plan for a new 12 months and no exit fees applied).

It then says at the bottom that there is an exit fee if you switch away from OVO to to another supplier.
(But see below about your 3rd screenshot).

Your second screenshot is simply the standard ‘you have 14 days to cancel without any fees’ that you get with all new contracts.

Your third screenshot is again talking about a fee if you switch away from OVO, it says that the fee will not apply if there are less than a certain number of days left to the end of your fixed plan, in your case if there are less than 50 days to you plan end you can switch away from OVO without incurring an ‘early leaving’ fee.

Ofgem advice surrounding the 14 day ‘cooling off’ period can be found here.

20 replies

Blastoise186
Super User
Super User
September 5, 2024

Hi @Lucky2 ,

That sounds like it might be the one that lets you change to another OVO fix deal fee-free. Either way, you ALWAYS have the 14-day cooling off period which expires 14 days after the plan starts.

Do you know what the name of the tariff is? Once I have that, I’ll dig the details for you.

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Lucky2Author
Rank 5
September 5, 2024

@Blastoise186  yes I do,

1 Year Fixed Loyalty - Economy 7

Blastoise186
Super User
Super User
September 5, 2024

That looks like the one. Either way, I don’t see the prices going down anytime soon, so you’re probably better off keeping the fix anyway.

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Lucky2Author
Rank 5
September 5, 2024

@Blastoise186  I will be staying with it but my issue with it is that it said no exit fees unless I changed supplies  before I signed up and than had something  completely different on my contract.

Nukecad
Super User
NukecadSuper UserSolved
Super User
September 5, 2024

Updated on 18/08/25 by Emmanuelle_OVO:
​​

It’s just the wording, read your 3 screenshots again.

Your fiist screenshot says at the top that there is no fee if you switch from an OVO Fixed Loyalty deal to another Fixed deal with OVO
(I can confirm that, because I did it myself only last week with 4 months left on my previous 12 month plan, I switched to another OVO Fixed plan for a new 12 months and no exit fees applied).

It then says at the bottom that there is an exit fee if you switch away from OVO to to another supplier.
(But see below about your 3rd screenshot).

Your second screenshot is simply the standard ‘you have 14 days to cancel without any fees’ that you get with all new contracts.

Your third screenshot is again talking about a fee if you switch away from OVO, it says that the fee will not apply if there are less than a certain number of days left to the end of your fixed plan, in your case if there are less than 50 days to you plan end you can switch away from OVO without incurring an ‘early leaving’ fee.

Ofgem advice surrounding the 14 day ‘cooling off’ period can be found here.

I said, Hey - Watts going on.
Firedog
Super User
Super User
September 5, 2024

Updated on 12/02/25 by Ben_OVO

Ofgem advice surrounding the 14 day ‘cooling off’ period can be found here.

 

 

https://forum.ovoenergy.com/switching-suppliers-and-moving-home-144/switching-to-ovo-here-s-what-to-expect-9322

The main reason I sign up was because I thought it a better deal came up I would be able to change without any fees.

 

You should have had an email confirming the switch and giving the rates that apply on the new tariff.

The email also includes a link to the terms and conditions that apply to that specific contract. These are the ones that apply, more or less regardless of what you might read elsewhere. They may make clear what conditions would lead the imposition of an exit fee, but you should note that these terms can change without notice so long as the change is not to your detriment, so you might want to bookmark the page and revisit it occasionally.

This is page the link in my confirmation email a couple of months ago takes me to:
1 Year Fixed Loyalty Terms and Conditions | OVO (ovoenergy.com). It’s the same page I see if I follow the link on the Plan page in the app.

Yours might be different, so be careful.    

The exit fee quoted on my Plan page is £75. The one given on the official-looking Terms and Conditions page is £50, payable if I change supplier. Heaven knows what they would try to charge me should they decide that I’m liable to pay an exit fee. But as @Nukecad  points out, you can apparently switch to a different OVO tariff with impunity; the fee would only ever be extorted if you switched to a different supplier.

 

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. |
Lucky2Author
Rank 5
September 5, 2024

@Firedog I still think it's very miss leading as it clearly said £50 exit fee per fuel if you change supplier, before I sign up. Nowhere does it say Should you cancel your contract more than 49 days before it ends you'll pay an exit fee of £50  which it says on my contract.

Firedog
Super User
Super User
September 5, 2024

I still think it's very miss leading as it clearly said £50 exit fee per fuel if you change supplier, before I sign up. Nowhere does it say Should you cancel your contract more than 49 days before it ends you'll pay an exit fee of £50  which it says on my contract.

 

I agree, and they’re looking into it! The text on the Plan page is curt and doesn’t tally with the verbiage on the Terms and Conditions page linked just below it. I can’t imagine that they would ever try to take an exit fee in contravention of the T&C. It’s always discretionary, anyway (“… we may apply an exit fee ...”).

@Nukecad took a chance on it and didn’t have to pay. 

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. |
Lucky2Author
Rank 5
September 5, 2024

@Firedog when you say they're looking in to it! Who  are they.

Blastoise186
Super User
Super User
September 5, 2024

We’ve got ways of passing things back to internal teams within OVO via the Forum Moderators. If they spot stuff that they think needs to be flagged up internally, it takes but a moment for them to do so.

This is definitely something we’ll ask them about passing on.

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