OVO has launched a digital tool to help customers predict future energy costs. The digital energy calculator will be available to Pay As You Go customers between now and the end of March 2023.
Over two-thirds of prepayment meter customers say that a calculator tool would help them understand their energy bill. Some 76 percent of customers say they’re struggling to predict how much their energy will cost.
It comes as the energy price cap is set to rise again next April, with an average household's annual bill moving from £2,500 to £3,000. According to Chancellor Jeremy Hunt, the new price cap will remain in place until the end of March 2024.
