Re: TOT Reallocation of energy supplier

Sep 27, 2021 1 Replies
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Spike snipped-for-privacy@mail.invalid wrote



alan_m wrote


> I've just received an email


>
>> Ofgem have appointed Octopus Energy, Britain's most awarded energy
>> supplier, to take over your energy supply from Avro Energy.
>
>> No real details in the email about tariffs etc.
>
> Apparently it does say something about the rates and charges being
> cheaper than anything available from any other large supplier today, and
> cheaper than the fixed prices they are offering to new customers on > their website.

Wonder if that will make Octopus go broke too.

Today it is cheaper than there fixed rate for new customers which has already factored in potential price rises. If what is being offered to Avro customs varies line line with wholesale prices (and adjusted for any losses) then Octopus will not lose money from Avro customers who stay.

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