MSE News: It's not just the big boys upping energy bills

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Former_MSE_Helen
Former_MSE_Helen Posts: 2,382 Forumite
in Energy
"Hundreds of thousands of households will be hit by smaller energy firms increasing gas and electricity costs..."
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It's not just the big boys upping energy bills

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  • Wywth
    Wywth Posts: 5,079 Forumite
    edited 23 November 2012 at 2:33PM
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    Anyone on a fixed rate deal is not affected for the duration of their term.

    Hasn't MSE Martin been banging the drum since August to grab a cheap fixed deal? I know I did.

    I don't think Ovo have increased their prices have they? (although their variable rates are only available to customers who've been with them at least 12 months and are more expensive than their fixed rate tariff anyway)
    http://www.ovoenergy.com/OvoRateTable.pdf

    Remember the co-op reduction is a reversal of a quite recent increase that was not justified anyway.
    http://www.moneysavingexpert.com/news/utilities/2012/11/co-op-shaves-2-off-electricity-prices
  • Wywth
    Wywth Posts: 5,079 Forumite
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    First Utility also not included in the list.

    Jut been reading a thread (not verified) that suggests they haven't announced any recent price increases either.
    http://forums.moneysavingexpert.com/showthread.php?t=4304883
  • KTF
    KTF Posts: 4,820 Forumite
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    "Walloped" :huh: How exactly does a price rise do this to you?
  • Consumerist
    Consumerist Posts: 6,310 Forumite
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    Wywth wrote: »
    I don't think Ovo have increased their prices have they?
    Ovo have changed their fixed-rate prices at least three times in the past year. Over this year, fixed-rate gas is up 17% and fixed-rate electricity is up 9.9% January - October. That's going to be a hefty increase by the time my contract ends - even assuming they don't change them again in the meantime.
    >:)Warning: In the kingdom of the blind, the one-eyed man is king.
  • dtaylor84
    dtaylor84 Posts: 648 Forumite
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    A table of percentage price rises (or cuts) is utterly meaningless without knowing how the original prices compare.... It's easy for the Co-Op to cut prices if they've been charging more than everyone else anyway!
  • Pincher
    Pincher Posts: 6,552 Forumite
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    Stop having babies!

    At 7% increase per year, by the time they grow up, they will never be able to afford heating, or anything else.

    Soylent Green is People!
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