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Utility Fixed Rates
I'm looking at fixing my utility rates but I find that NO rate (certainly from OVO) is the same.
I have just spoken to Ovo on the phone asking what their fixed rates were and they differ quite a bit from a friend who is a customer of Ovo's and lives about a mile away. The main difference is the Electric standing charge, he pays 54.86p per day and I was quoted 63.59p per day. Is this normal for both Gas and Electric prices to be different for the same scheme?
I have just spoken to Ovo on the phone asking what their fixed rates were and they differ quite a bit from a friend who is a customer of Ovo's and lives about a mile away. The main difference is the Electric standing charge, he pays 54.86p per day and I was quoted 63.59p per day. Is this normal for both Gas and Electric prices to be different for the same scheme?
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Comments
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Are you close to the boundary of two DNO areas? Standing charges and unit rates vary by area. Are you sure it is exactly the same tariff (look at the version number)? You friend may be on a previous version, with a cheaper standing charge for the duration. New quotes will be at the current, higher, rates.1
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It's not the full explanation in this case but when comparing, always remember that the rates shown on a bill exclude 5% VAT.
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Also is your method of payment the same - paying by cheque on receipt of bill is more expensive than by monthly direct debit.1
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Gerry, 1'm comparing like for like. Both prices are including VAT and my friends Tariff was only started beginning of September.0
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I'm used to the vagaries of OVO's tariffs, and some of their fixed-rate offerings have been changing weekly of late. What are these two called? And which region are you both in? If you don't know, it's the first two digits of the 13-digit MPAN ID.
You can see all the current tariffs on their Plans page. It's a pain to navigate because of the many duplications.I'm not being lazy ...
I'm just in energy-saving mode.0 -
Golfer12 said:Gerry, 1'm comparing like for like. Both prices are including VAT and my friends Tariff was only started beginning of September.
If they're not the same prices, then at least one of those things is not exactly the same.1
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