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Original poster

First energy supplier to undercut govt. unit price cap.

1 reply

Nolongera · 30/03/2023 13:20

OVO energy have announced a new fixed deal at below the current govt. unit price cap.

https://www.bbc.co.uk/news/business-65080014

First good news in a while, but we will be biding our time.

gas cooker

Ovo launches energy deal below government price cap

The supplier launches 12-month tariff of £2,275, as falling gas prices finally start feeding through to bills.

https://www.bbc.co.uk/news/business-65080014

OP posts:
Coffeellama · 30/03/2023 13:50

Martin Lewis did a peace on this yesterday on good morning Britain which explained that unless you really want to no exactly what your outgoings would be, you are better off not taking this price fix as prices are expected to fall by more than what this fix is. So if predictions are correct (which they might not be) you could end up paying more on this tariff than off it. So I agree with you OP, best to wait for now.

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