Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

Search
  • FIRST POST
    • kittenmeowsh
    • By kittenmeowsh 15th Sep 19, 10:20 AM
    • 4Posts
    • 19Thanks
    kittenmeowsh
    Will my old tariff still apply after Ovo's buyout of SSE?
    • #1
    • 15th Sep 19, 10:20 AM
    Will my old tariff still apply after Ovo's buyout of SSE? 15th Sep 19 at 10:20 AM
    Hi All. My current energy supplier is SSE. In light of Ovo buying SSE out, I asked SSE a tricky question. Once Ovo officially take on former SSE domestic customers, does this mean the fixed tariff that I signed up to with SSE will no longer be legally valid? Obviously, no one at SSE had a clue. According to OFGEM’s own web site, the tariff will no longer be valid if your supplier changes meaning you’re essentially out of contract. SSE couldn't confirm what I said and these people are supposed to know. Does anyone else have any thoughts on this?
    Last edited by kittenmeowsh; 15-09-2019 at 10:27 AM.
Page 1
    • mac.d
    • By mac.d 15th Sep 19, 11:13 AM
    • 891 Posts
    • 740 Thanks
    mac.d
    • #2
    • 15th Sep 19, 11:13 AM
    • #2
    • 15th Sep 19, 11:13 AM
    That's a good question.

    As OVO are effectively buying SSE's domestic business, wouldn't that include all the contracts that all customers are on, and they would have to honour them? They are planning on retaining SSE branding in the short term too.

    It's not like the usual change of supplier when they've gone out of business and as your contract can no longer be honoured you are placed on a deemed tariff as per Ofgem's supplier of last resort procedures.
    • Biscuit Tin
    • By Biscuit Tin 16th Sep 19, 1:42 PM
    • 348 Posts
    • 130 Thanks
    Biscuit Tin
    • #3
    • 16th Sep 19, 1:42 PM
    • #3
    • 16th Sep 19, 1:42 PM
    Hi All. My current energy supplier is SSE. In light of Ovo buying SSE out, I asked SSE a tricky question. Once Ovo officially take on former SSE domestic customers, does this mean the fixed tariff that I signed up to with SSE will no longer be legally valid? Obviously, no one at SSE had a clue. According to OFGEM’s own web site, the tariff will no longer be valid if your supplier changes meaning you’re essentially out of contract. SSE couldn't confirm what I said and these people are supposed to know. Does anyone else have any thoughts on this?
    Originally posted by kittenmeowsh
    Welcome back!

    I'm with SSE – what does this mean for me?

    Ovo told us it expects to hear if it's got the green light to buy SSE Energy Services early next year, so until then nothing changes.

    If the deal does go ahead, SSE told us that customers on fixed energy tariffs will have their deal honoured until the end of the fixed term.

    We have asked both Ovo Energy and SSE what this sale might mean for SSE's existing energy customers on standard variable rate tariffs, however both said it's too early to tell what would happen at this stage.

    If the deal does go ahead, Ovo says it will contact customers to explain what will happen.


    https://www.moneysavingexpert.com/news/2019/09/sse-to-sell-energy-business-to-ovo---what-you-need-to-know/

    • merchcon55
    • By merchcon55 16th Sep 19, 3:04 PM
    • 120 Posts
    • 102 Thanks
    merchcon55
    • #4
    • 16th Sep 19, 3:04 PM
    • #4
    • 16th Sep 19, 3:04 PM
    I'm on a nice low rate Gas Only deal with SSE until May 2020 - so as long as I can have that rate through the up coming winter season, that's what matters.

    Ofgem's dream realised???? One of the underdogs becomes a Big 6 !!
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

197Posts Today

3,062Users online

Martin's Twitter