Fixed prices mean just that. Fixing the price you pay for an agreed duration. Here at OVO, that’s usually a year (12 months). You’ll sign a contract, which means we’ll honour the price agreed for the whole year – even if the price we have to pay for your gas or electricity increases.
Sorting out a fixed price is a good thing for many people because:
The amount on your statement will change each month, as that depends on how many units of energy you’ve used – but the flat rate you pay for each of those units of gas or electricity will stay the same.