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Got this through today via email from
Octopus ....
The energy price cap is going up, but our prices are notThe typical Octopus dual fuel customer will pay £248 a year less than the new price cap*Many larger suppliers will be raising their prices* so there’s never been a better time to invite friends and family to Octopus and share £100 credit with your unique link: Split £100 | Octopus Energy
customers have asked how the changes to the government’s energy price cap will affect them.
Octopus will not be raising prices*.
The price cap is the government’s limit on the high default tariffs used by many energy suppliers, especially the legacy suppliers (the so-called “Big 6”).
Octopus are critics of their dodgy pricing tactics, and have worked hard to expose them (see the BBC and the Guardian).
They are vocal because they built their business on a simple philosophy: we offer all our customers excellent value; year in, year out.
They are not the absolute cheapest.
But are not far off.
We’re now more than half a million customers strong, but we’re still the minority. And the rising cap will likely lead to higher energy bills for most homes around Britain.
And here’s the rub. Many people will feel they are getting good value simply because their prices are protected by the cap.
But most families can, and should, be saving hundreds of pounds a year while getting friendly, personal service and energy that’s better for the planet.
This message needs to be shared.
So if you know family and friends who deserve better — year in, year out — perhaps they’d appreciated a nudge.
Send them your link to share £100 – that’s £50 credit each – when they join: Split £100 | Octopus Energy
If you are recommending us to friends and family, you may like to know that we are the only energy supplier recommended by Which? — for the second year running — and the only one ever to receive top marks in every category.
Best wishes,
Greg Jackson
CEO & Founder
PS. If you have a moment, I’d love to know how we’re doing. Click here to let me know your thoughts.
* I hate small print, so here are few details in the same size as everything else:
We’ve calculated the £248 figure by looking at a simple average of the unit prices and standing charges of all Octopus customers, and then applied them to Ofgem’s typical domestic consumption value for a medium home. We can publish more granular figures on our blog at a future date - but rest assured all our customers pay well below the price cap announced today.Of course, we can’t promise we’ll never raise prices because we work in a volatile market. But we will only do so as a result of wholesale and other cost changes, not this price cap announcement. After all, our prices are already below the cap, so it doesn’t affect our customers at all.We can’t know for sure which suppliers will raise their prices, but if the Big 6 don’t during the period of the new cap, I’ll personally cycle from Lands End to John O’Groats – with the proceeds from sponsorship shared between a fuel poverty charity and an environmental one. |
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Author: GalacticaActual
Author
26-11-2019 03:46:48