Bulb EV tariff longevity and price cap

jj42
jj42 Posts: 24 Forumite
Ninth Anniversary 10 Posts Combo Breaker
edited 19 March 2022 at 8:35PM in Energy
I’m with Bulb and was on their variable tariff for ages. I recently purchased an EV and switched to their EV variable tariff which seems very competitively priced, even with the April increases (5.71p/kWh off-peak, 24p/kWh peak rising to 7.5p/34p in April).

My questions are:

- Is my EV variable tariff rate protected by future electricity prices by the price cap in the same way as the standard variable tariff?
- Can Bulb withdraw their tariff for existing customers without offering comparable rates? Especially if they get bought or receive pressure from the gov administrator to reduce costs.

Thank you 

Comments

  • QrizB
    QrizB Posts: 16,449 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    jj42 said:
    - Is my EV variable tariff rate protected by future electricity prices by the price cap in the same way as the standard variable tariff?
    By Ofgem? No, only the standard variable tariff is capped. Check your T&C to see what you agreed to.
    - Can Bulb withdraw their tariff for existing customers without offering comparable rates? Especially if they get bought or receive pressure from the gov administrator to reduce costs.
    This will be contractual. Check your T&C to see what you agreed to.

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