Posted on in What we think!
When OVO Energy increased the price of its New Energy Fixed tariff by 8% (around £70 a year) at the end of April 2010, we cautioned that this was an early warning sign that discounted tariffs were probably on their way up. And while we have yet to see the other new entrant (first:utility) push its prices up, we have seen the second major warning sign. Recently, Scottish and Southern Energy replaced its cheapest online tariff with a new tariff, Go Direct 5 that is 10% more expensive than its predecessor (£88 for the average user). Continue reading