energy news

OVO Energy Price increace


21st August, 2010

OVO Energy Price increace

OVO Energy has today launched updated prices for their gas and electricity tariffs, New Energy and Green Energy.

With OVO Energy prices are fixed for a period of 12 months from the date the customer joins them.

There is unfortunately early termination fees payable should the customer leave within the first 12 months.

OVO Energy follows EDF Energy and British Gas who have both announced increases across their most competitive online tariffs within the last week.

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Hot on the heels of the recent tariff launches by EDF Energy and npower British Gas has today launched Web Saver 9.

Similar to its predecessor Web Saver 8 this is British Gas’ most competitive online tariff available as a dual fuel, electricity only or gas only product.

Customers do need to have access to the internet to obtain this tariff as it comes with online account management.

Across the UK on average the increase from WebSaver8 to WebSaver 9 is 8.93%.

Customers living in London, Norweb and Seeboard areas see the highest increases of 11.3%, 10.17% and 10.24% respectively.

The rules surrounding the tariff are straightforward in that customers:

1. Need to pay by Monthly Direct Debit

2. New customers need to take gas and electricity

3. Existing customers can select gas and electricity or electricity only

In terms of benefits to the consumer,  a guaranteed discount period is offered, with a minimum 6% discount against British Gas standard tariff prices until 1st November 2011

Customers are encouraged to compare their current energy tariffs against the entire market regularly over the next few months as we start to see the predicted increases taking effect.

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