jayc89 Posted April 3, 2022 Share Posted April 3, 2022 We're currently on Ovo's Better Energy plan, but that's due to come to an end next month when we'll move to their variable tariff; Simpler Energy. Which is incredibly bad timing... The comparison sites don't suggest any companies are currently taking on new business - does anyone know if any of the independents currently are? Sticking with OVO is likely to bump our bill by > £100 next month! Link to comment Share on other sites More sharing options...
ProDave Posted April 3, 2022 Share Posted April 3, 2022 6 minutes ago, jayc89 said: Sticking with OVO is likely to bump our bill by > £100 next month! Your new rate will be the capped rate. ALL suppliers are applying the same cap (there might be small variations in unit / standing charge rates but the result will be the average user will pay exactly the same) so even if another supplier would take you, it won't be cheaper. So sit tight is probably the best advice and indeed what the likes of Martin Lewis is saying. It is a big shock affecting just about everybody, and nothing we can do about it. Some managed to secure a new fixed rate with their supplier before the cap went up on 1st April but that only delays the inevitable. 1 Link to comment Share on other sites More sharing options...
Bitpipe Posted April 3, 2022 Share Posted April 3, 2022 Another rise coming in October and maybe some respite summer 2023, however dependent on what happens with Ukraine and global energy prices in general. Link to comment Share on other sites More sharing options...
jack Posted April 3, 2022 Share Posted April 3, 2022 I tried to get an anonymous price from Octopus the other day, but their website took me to a page where they said they were no longer signing up customers in my area. I suppose that if you're losing money with every customer, there's no incentive to take on any new ones! Link to comment Share on other sites More sharing options...
SteamyTea Posted April 3, 2022 Share Posted April 3, 2022 3 minutes ago, jack said: I suppose that if you're losing money with every customer, there's no incentive to take on any new ones! It shows how badly thought out deregulating the market was. I suspect at least one large supplier will go into public ownership. Link to comment Share on other sites More sharing options...
SimonD Posted April 4, 2022 Share Posted April 4, 2022 On 03/04/2022 at 11:35, ProDave said: ALL suppliers are applying the same cap Unless you're on an exempt green tariff which is not capped. We're on such a tariff which is now become incredibly painful abnd way above the capped rate. I've looked at alternative suppliers and it seems to be a case of phoning around and speaking to the companies as they won't quote online. Link to comment Share on other sites More sharing options...
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