Why are standing charges increasing on my variable Simpler Energy plan?

I have checked, and they are not doing it as much. Unfortunately at the moment it seems impossible to move.

If you wish to raise a complaint, please see https://ovoenergy.com/feedback as complaints can’t be raised via this forum.

If you wish to leave OVO completely, you must sign up with a new supplier and they will ask OVO for permission to take over your supply. OVO can’t initiate that process for you from their end.

Be advised however. This isn’t a good time to move supplier right now.

It's not impossible to move, it's just probably not cost effective to. The electricity standing charge will have gone up on all variable tariffs from various suppliers. You may find it varies by a few pence, but the majority of the rise is the £68 cost to help cover failed suppliers. Remember that the price cap for average use takes into account unit prices and standing charge so all suppliers will be at or just slightly below this amount.

I have done that, how long does it take?

Tried to complain, used your link, completely useless, no body bothered to reply

OVO Energy say the following on their website:

What’s causing energy prices to rise?

 

Global supply shortages and the end of lockdowns caused initial increases in wholesale energy prices. But energy bills are now skyrocketing because of Putin’s invasion of Ukraine. The war has caused gas and electricity prices to surge to unprecedented levels. And they’re likely to continue rising in the coming months as the war continues.

Unfortunately, in October these wholesale price rises will impact the price the majority of customers pay for energy.

So why have you put the standing charges up as well when it has no wholesale price imported or otherwise and has nothing to do with Russias invasion of Ukraine ?

I haven't put standing charges up, I'm just an energy user the same as you are.

This thread may give you an insight to why electricity standing charges were increased a lot in April. Luckily there's not a significant jump in October, but Ofgem have chosen to still include the SOLR cost as part of the standing charge rather than moving it to unit rates or other forms of taxation.

The costs of the failed companies from last year have all been loaded into the electricity standing charge.

Some of those cost resulted from gas supply failures and so its unfair to load them just onto electricity users - particularly if you’re an electricity only customer.  Putting the costs onto the Standing charge also penalises small users as compared to larger users - that’s also unfair.  OFGEM know this but haven’t changed their policy - perhaps the required information isn’t robust enough.

Why has it been necessary to increase the “standing charges” on my gas and Electricity accounts when they were doing exactly the same job the previous week?????