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Orbit Energy price change, fixed not variable tariff
Hi all,
I signed up to the Orbit Energy 10%OFF4LIFE tariff a few months ago as the unit rates looked very good. I was under the impression it was a variable tariff as that's how it was displayed on mse, and therefore would receive an email prior to any rate changes.
I received an email from Orbit not too long ago informing me that the tariff was in fact a fixed tariff where the price was pegged to the Ofgem price cap. The price cap is going up on 1st April so I just wanted to ask if anyone was aware of this, and if they had planned to move given the news. I believe the increase will be 10.3% which means my gas unit rate will move to 3.3p/kWh which makes me inclined to move.
Keen to know your thoughts?
p.s. unfortunately I can't link to the orbit energy contract url, but its the company url followed by /your-contract#section8-8
I signed up to the Orbit Energy 10%OFF4LIFE tariff a few months ago as the unit rates looked very good. I was under the impression it was a variable tariff as that's how it was displayed on mse, and therefore would receive an email prior to any rate changes.
I received an email from Orbit not too long ago informing me that the tariff was in fact a fixed tariff where the price was pegged to the Ofgem price cap. The price cap is going up on 1st April so I just wanted to ask if anyone was aware of this, and if they had planned to move given the news. I believe the increase will be 10.3% which means my gas unit rate will move to 3.3p/kWh which makes me inclined to move.
Keen to know your thoughts?
p.s. unfortunately I can't link to the orbit energy contract url, but its the company url followed by /your-contract#section8-8
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