Tag Archives: Ovo Energy

TheEnergyShop.com on CNBC

Check out our contribution to the latest edition of CNBC’s The Business Class. As usual this edition (number six in the series) is hosted by investment guru James Caan of Dragon’s Den fame who invited our own Joe Malinowski as an expert advisor.
 
The subject of the programme is Ovo Energy, a start-up energy supplier launched by Stephen Fitzpatrick to take on the big guys. The big question that the programme seeks to answer is: where next now that the business has grown its customer base to about 100,000 households…
 

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Have we seen the bottom for discounted energy bills…?

Wholesale Energy Prices April 2010

Wholesale Energy Prices April 2010


We think so!
 
Today OVO Energy increased the price of its cheapest tariff, New Energy Fixed, by around 8% (£70) from £855 to £925 for the average Dual Fuel customer.
 
To be clear, OVO Energy customers are not seeing a price increase, as their existing tariffs are fixed for a 12-month period. It is just that new customers will no longer be able to get the same cracking deal that they could have had yesterday. Continue reading

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