Thanks for the link growstuff.
It will be interesting to see if the other big five follow. As we’ve discussed, this latest increase in the standing charge is small, £3 a year per household on average but if, say, OVO serves 5 million households that’s still 15 million in revenue it is waiving.
It’s also a timely gesture that could attract new business. Octopus is now vying with BG to be the biggest supplier. Having just spent six months assimilating former Bulb customers, it’s now got to do the same with a similar number from Shell Energy. There could be a bit of turbulence in Octopus’s levels of customer-service while that happens.
In Martin Lewis’s latest podcast (near the end) he talks about a new electricity only supplier called Fuse Energy that is offering good prices. His advice comes with the usual caveats: it’s small, questions whether it could it cope with big influx of new customers, better for customers who are used to regular switching and know the drill, but worth a look.
Franbern Wed 13-Sep-23 11:05:13
Caravansera Fri 15-Sep-23 11:22:30
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Ethelwashere1 Sat 16-Sep-23 09:45:59