Ovo Energy Price Increase 2018

Energy price hikes so far in 2018.

Ovo energy price increase 2018.

Bulb energy will ask customers to pay on average an extra 53 a year for their electricity from october after increasing their power prices by 22 a year in march. Ovo also scrapped its online discount adding another 135 to the annual bill of affected customers. Comparisons made against the average of the big 6 standard variable tariffs. When was your last price increase or decrease.

The firm will increase the price of its standard tariff known as the simpler energy tariff and remove a 60 online discount on the tariff from wednesday 17 october. 2 pay monthly saving claims. Edf energy increases prices. Ovo is hiking energy bills by up to 112 a year from april 1 for 545 000 customers.

This was a increase of 0 9 for customers on profile class 1 and 0 3 for customers on profile class 2 economy 7. Estimated prices are correct as of 12 6 2018. It means the average annual dual fuel bill will increase from 1 137 to 1 249 for 160 000 standard variable. Massive price hike for ovo energy customers supplier ups price of simpler energy tariff by 12 4 for some.

Ovo energy s second price increase in a year for customers on its simpler energy variable tariff meant a 6 5 price rise adding 75 on average to customers annual bills. Ovo energy posted its first ever profit in 2016 after seven years as the energy industry s most high profile new supplier but its profits for 2017 fell to just a third of the year before. Ovo energy is increasing prices for around 180 000 customers on its standard variable tariff from today friday 8 june moneysavingexpert can reveal. Ovo energy customers on its standard tariff will see prices rise by up to 135 a year for a typical dual fuel home after it announced its second hike of the year.

Saving based on the estimated annual cost of ovo better energy tariff for a non economy 7 dual fuel medium user 3100 kwhs elec.