OVO Simpler Energy Variable help

When my last company was taken over by OVO and my energy switched to them I didn’t pay too much attention.
My direct debit stayed the same but because my usage is apparently more than the DD they suggest. I’m now in -£200 debit! After only a few months with OVO.
I’ve always changed companies at the end of every year to keep my costs down but I’m thinking of switching mid-year due to how much this is costing. Only problem is the debit. I don’t want to owe £200 when I switch. What do you suggest? Live like a cave person and just go without electric to claw back the debit?
Total debt 12/18 £9365.74 | Now: DEBT FREE
House Deposit 11/21 £11,192 | Need £25k

Comments

  • JJ_Egan
    JJ_Egan Posts: 20,281 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Have you given frequent meter readings .Is the bill/ DD based upon estimates or actual readings .


    Is their a penalty to leave Ovo ?
  • Dobbibill
    Dobbibill Posts: 4,177 Ambassador
    Tenth Anniversary 1,000 Posts Mortgage-free Glee! Name Dropper
    You should only be billed for what you use - as already asked are the bills based on Actual or Estimated readings? Are you providing readings?
    If the bills are actual, then increase the DD to repay the debt - when cleared do a comparison and switch to the best tariff for you.
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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