Ovo energy prepayment- Massive price hike!

saintpat

I received an e-mail today changing my tariff in March from 11.94p per kWh to 15.05p!!!! A whacking 3.11p per kWh!
To compensate they're reducing the standing charge from 34.52p per day to 23.43p!
I think this now makes Ovo one of the most expensive suppliers of pre payment electricity so be warned if you were thinking of changing!

[Deleted User]

Have Ovo talked you into their prepayment smart meter, the Liberty Secure ? If not, and you still have a standard key meter you can get switching to someone like Robin Hood Energy who offer the cheapest prepay prices I believe . Another alternative is to get Ovo to switch you to credit meter mode if you have their smart prepay meter.

Bluebirdman_of_Alcathays

saintpat wrote: »

I received an e-mail today changing my tariff in March from 11.94p per kWh to 15.05p!!!! A whacking 3.11p per kWh!
To compensate they're reducing the standing charge from 34.52p per day to 23.43p!
I think this now makes Ovo one of the most expensive suppliers of pre payment electricity so be warned if you were thinking of changing!

So what if you are frugal, like say, a pensioner, and use very few KWh a year, but have been hit hard by obnoxious standing charges.

A circa 33% reduction in costs. Huzzah!!