Ovo launches energy deal below government price cap
The supplier launches 12-month tariff of £2,275, as falling gas prices finally start feeding through to bills. …
But Mr Martin Lewis, from MoneySavingExpert, said: “People need to be very careful not to just jump on a fix because it costs less than they’re paying right now… because wholesale rates – the rates energy firms pay – have dropped, it’s likely the price cap will drop, and on current predictions that means you’ll start paying 20% lower rates than now. That price is predicted to stay around that point until the end of the year, and into early 2024.”
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