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Standing charges first of Jan 2024- What will they be?

  • December 14, 2024
  • 4 replies
  • 336 views

How much are the standing charges being dropped by OVO on the fist of January next year.

Best answer by Firedog

OVO’s rates for next quarter haven’t been published yet, although they may be available from next week or so on the Renewal page. 

The standing charge mandated by Ofgem will hardly change at all - a reduction of between 4p and 8p per year, depending on where you live. You can see the price-capped rates for your region on this page: Get energy price cap standing charges and unit rates by region | Ofgem 

4 replies

Blastoise186
Plan Zero Hero
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  • Plan Zero Hero
  • December 14, 2024

Hi,

That will become available soon at https://plans.ovoenergy.com - it’s not quite there yet.


  • Carbon Catcher*
  • December 14, 2024

Mine has gone down by 0.08p 


Firedog
Plan Zero Hero
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  • Plan Zero Hero
  • Answer
  • December 14, 2024

OVO’s rates for next quarter haven’t been published yet, although they may be available from next week or so on the Renewal page. 

The standing charge mandated by Ofgem will hardly change at all - a reduction of between 4p and 8p per year, depending on where you live. You can see the price-capped rates for your region on this page: Get energy price cap standing charges and unit rates by region | Ofgem 


Firedog
Plan Zero Hero
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  • Plan Zero Hero
  • December 15, 2024

Adding to my earlier response, I see that quotes on the Switch page now show the rates applicable from 1 January 2025.