The energy supplier said it will assess the market outlook in February 2022 before making a final decision on changing direct debit payments to reflect the increase to the SVT

The Competition and Markets Authority (CMA) said the proposed tie-up would not affect householders

The merger is not expected to have a significant impact on standard variable tariff pricing

The 5.5% increase in gas and electricity prices will come into effect on 1st June 2018

This could happen as they are automatically switched onto more expensive ‘default’ tariffs

Around 50,000 customers are to be offered a better energy deal to reduce bills under a new switching trial. Ofgem plans to launch the trial of a simplified collective switch in the coming weeks to help customers save money by negotiating a good deal with a supplier on their behalf. Consumers on standard variable tariffs […]

Co-operative Energy has scrapped its standard variable tariff (SVT) for customers on fixed deals. They will no longer be automatically switched to its SVT when their fixed price tariff comes to an end. It instead switches them to a new fixed tariff, which has no exit fees and runs until May 2019. SVTs are considered […]

  A quarter of people in the UK don’t know if they’re on high-cost Standard Variable Tariffs (SVTs) or not. That’s according to a new survey from Bulb Energy, which suggests young people are less likely to know what deal they’re on than older generations – despite having access to a range of apps and […]

Centrica has announced plans to scrap its standard variable tariff (SVT) deals, with the aim of driving down energy costs and making the market more fair. The British Gas parent company said the move will increase engagement and choice, reduce average bills, deliver a fairer allocation of energy policy costs and further protect vulnerable customers. […]

Centrica has announced it plans to scrap its standard variable tariff (SVT) deals to drive down energy costs and make the market more fair. The British Gas parent company said the move will increase engagement and choice, reduce average bills, deliver a fairer allocation of energy policy costs and further protect vulnerable customers. It has […]