The Anonymous Widower

Adjusting My Energy Direct Debit

I’ve now been with Ovo Energy for three months or so now and I’m beginning to see what my usage is going to be. It’s all a bit complicated as in that period, I’ve changed the boiler for a new and hopefully more efficient one.

So every so often, I take a look at my Direct Debit and see if I should change the amount, I pay.

This morning, I found this article about energy prices on This Is Money, so as they are saying this.

Small energy companies are trouncing their giant rivals, with two suppliers now offering average households cheaper gas and electricity bills for less than £1,000  a year.

First Utility has nudged Ovo Energy off the top spot by launching a one-year, fixed-rate deal for combined gas and electricity at £994 a year. It is called the iSave Fixed July 2015 and is based on medium energy users – typically a family of three or four sharing a three-bedroom house. Ovo’s dual fuel Cheaper Energy Fixed tariff is only marginally higher at £998 a year.

So I did drop my Direct Debit a bit, but I suspect it can go a bit lower.

I’ll have to work out a proper Control Engineering based philosophy so that I minimise my payments and never go into the red so to speak.

April 20, 2014 - Posted by AnonW | World | Energy, OVO