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Deemed tariff - price capped or not?

ECB51

ECB51 Posts: 8 Forumite

Ninth Anniversary

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Combo Breaker

10 March 2022 at 7:52PM in Energy

Hi, looking for some advice on deemed tariffs please. I have just moved into a house supplied by EDF and have been put on a deemed tariff. I have been told by EDF that it is variable and not price capped. Does anyone know if this is true? I’m trying to decide whether to stay on deemed or move to another tariff or supplier. Thank you.

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Comments

Verdigris Posts: 1,725 Forumite

10 March 2022 at 7:57PM

The deemed tariff is the SVT. It is the kWh and daily charge price that is capped. It isn't an "all-you-can-eat" menu.

Stick with deemed tariff. Review when the October 2022 rates are announced.

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Ultrasonic Posts: 4,259 Forumite

10 March 2022 at 9:44PM

The price capped tariffs are variable in the sense that they will increase when the cap increases, which will happen in October.

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