Saturday 21 August 2010

New Ovo Pice Increases

OVO Energy has today launched updated prices for their gas and electricity tariffs, New Energy and Green Energy.

With OVO Energy prices are fixed for a period of 12 months from the date the customer joins them. There is unfortunately early termination fees payable should the customer leave within the first 12 months.

OVO Energy follows EDF Energy and British Gas who have both announced increases across their most competitive online tariffs within the last week.

As Energylinx predicted back in March 2010 we will now start to see all energy companies forced to increase their energy prices, not as a result of changes to wholesale energy costs but related to the adoption of European pricing models earlier this year - meaning that their current prices are no longer sustainable.

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