OT - OVO Energy Prices - Double Standards

Chief Executive on Breakfast TV today, extolling their virtues and how transparent, cheap and green they are compared to the big six. A few lies there, for a start obscene standing charges for gas of 23p per day compared to

10p for major players and in general more expensive per kWh.

Having twice as much energy sourced from renewables and significantly less nuclear they are also, by their own admission, churning out nearly 10% more CO2 than the national average.

514 vs 470 g/Kwh CO2

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Reply to
Raspberry Tart
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Scottish Power is 34.25p/day !

Reply to
Andy Cap

I should have added that's on their March 2015 fix.

Reply to
Andy Cap

Gas or Electricity?

My computer tells me that if I moved to Ovo it would cost me £33 p.a. more. (Electricity only)

Reply to
Michael Chare

Both are the same. Then 3.425 for gas and 11.204 for elec. Not sure it's still available now they've announced their price increase.

Reply to
Andy Cap

Ouch, there are some very silly standing charges about but quite often balanced by a lower per unit cost. So if your use is say above

10 units/day even quite a high standing charge an lower unit costs can give an overall lower bill than no standing charge but higher unit costs. Spreadsheets are wonderful for this sort of modeling...

I've just moved tariff within nPower to their "Price Fix April 2015 DD" (17 months, electricity only) at 14.2p/unit (+ VAT @ 5%) and as paying by fixed monthly DD no standing charge (or Tier 1/Tier 2 rates). The DD discount is paid each month and is the same as the standing charge, I think...

Shift prompted by them hoiking the Standard price from 14.95 to

16.45. Looked at a couple of comparison sites and there was only one other tariff and that would only save about £4/year against the Standard tarrif.

nPower had a fixed until Dec 2017 (50 months) but at 16.09p/unit our use is likely to change from 3 units/day to 15 to 20/day on that meter in the next year...

Reply to
Dave Liquorice

From mid nov.... Scottish gas 26p daily charge and 4.67 p/kWh

Reply to
ss

In article , ss writes

Sounds like you need a switch, at those rates you could save enough to get someone in to do those little jobs ;-)

The OVO ones pointed to above are about 15% lower that yours.

Reply to
fred

OVO guarantee that 100% of my electricity will be from renewable supplies for only £60 extra over what I'm currently paying from the rip-off suppliers!

mailto:news{at}admac(dot}myzen{dot}co{dot}uk

Reply to
alan

How do they do that then, do you get cut off on calm days?

Sounds like they are ripping you off another £60 if they don't cut you off.

Reply to
dennis

Thank you for starting my day with a full LOL moment.

Reply to
fred

Indeed. Even ignoring the "for more than the rip-off supplier" bit... Alan - I presume that "guarantee" includes some kind of sanction should non-renewable electrons ever sully your consumer unit?

Reply to
Adrian

'guarantees' huh? which menas that they willhave contarcts with drax, who burn coal, bt aussre them that the actual electricity they generate will be from the wood burning part..

Reply to
The Natural Philosopher

ROFL. Do your lights go out when it is calm?

Reply to
Dave Liquorice

They probably trade carbon offsets to be green. drax could do it for the entire coal output by just buying some carbon offsets from some tribe in Africa that wasn't going to burn the coal in the first place.

Reply to
dennis

I suppose it has to be dark as well. It then all depends if the pumped storage facilities use "green" energy to to do the pumping!

Reply to
Fredxx

I don't think there is very much Solar PV out there that a reseller can buy. The piddly little bit on peoples homes (100,000 @ 3kWp = 300 MW on a bright sunny day *everywhere*) isn't available on the wholesale market.

What I expect they are doing is just paper trading. Over some period of time, (year months), they buy enough renewable energy (when it's available) to cover what they are selling. Strictly speaking at any given moment they cannot say that there actually is enough renewable energy available to supply all of their customers. Unless they have very few customers or the lights of their customers do go out, those customers are being conned IMHO.

Reply to
Dave Liquorice

In the case of nPower's tariff, you are correct, and that's what it says in the small print. Apart from "We're conning you", that is...

Reply to
John Williamson

And the EDF Blue ones, though with normally well over 5 GW of nuke available 24/7 it's not as bad as a "100% renewable" tariff when there can be long periods when there is naff all (

Reply to
Dave Liquorice

well EDF blue is also 'renewable' and includes imported French nukey power (up to 2GW*) . EDF has a LOT of surplus nuclear capacity in France except in the bleak midwinter..

  • when the link is working, plus it is also possible to 'import' more power than the link will stand if someone somewhere else is buying UK power to use on the continent. The link transfers the actual difference.
Reply to
The Natural Philosopher

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