What are the latest Orbit Energy tariffs and prices?

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Orbit Energy unfortunately has stopped operations following the consequences of the energy crisis. Founded in 2018, Orbit Energy was one of the smaller energy suppliers on the market. The company’s two main selling points were low prices and green energy. All customers signed up to Orbit Energy had 100% renewable electricity as standard, while Obit’s close relationship with Shell meant it was able to provide a number of competitively priced deals. As well as offering good value tariffs and a greener energy supply, Orbit Energy also claimed to provide its customers with a high level of customer service. In this article we line out what will happen following the transfer to Scottish Power and what the best steps are to take.
Last update: November 2022

Ukraine war and energy crisis

Lately energy prices have been rising sharply. The energy crisis and on top of that the Ukraine war are increasing pressure on prices. To remain up to date with the latest news, you can follow along onour page on the UK energy crisis.


 

Orbit Energy
Founded 2018
Client number 0333 103 8277
Client email complaints@orbitenergy.co.uk


What now for Orbit customers?

There is not much you can do at the moment. Your transfer from Orbit to Scottish Power should happen automatically. Further than that the best thing to do is to wait until Scottish Power contact you. With them you can discuss your options.

What happened to Orbit Energy?

Orbit Energy, like many other suppliers in the UK has gone bust because of the energy crisis. Their costs skyrocketed due to the high wholesale costs for gas and electricity. Their revenues however did not keep up as they were limited by the energy cap. The losses started heaping up and drove Orbit out of business in November 2021.

Will I be cut-off from supply?

Ofgem has special regulations in place to prevent this from happening. You will automatically be transferred to Scottish Power. Both companies will make sure that your supply will be handled correctly.

Should I keep paying Orbit Energy?

You have to keep paying your bills. Orbit and British Gas will together with Ofgem make sure that your switch will be handled correctly. Until the process is finished you could keep receiving bills from Orbit which you should continue paying.

What happens if I have credit or debt at Orbit?

It depends. It could be that Scottish Power will take over all credit and debt from Orbit. This would mean that nothing would happen for you, only that you would repay the debt to Scottish Power. Or it could be that Orbit will deal with the credit/debt themselves. This depends on the supplier themselves what they choose.

Will I pay more at Scottish Power?

The chance is high that you will pay more. The current circumstances at the energy market and the Ukraine war has led suppliers to charge higher prices to offset their costs. There might be a chance that you could be in touch with Scottish Power to discuss the options.

Can I keep the same contract at Scottish Power?

Because the switch is regulated by Ofgem, you will be put on a ¨deemed¨ contract at Scottish Power. Because there are so many new customers coming in for Scottish Power, it would be very hard to individualise new plans. In a later stage, you could be in touch with Scottish Power potentially, to discuss if there are any other options available.

When will Scottish power contact me?

Normally within a few weeks. If that is not the case don´t hesitate to reach out to their customers service to make sure everything is okay.

Do I need to stay at Scottish Power?

Although you can switch. It is probably best to wait for a bit to do so. Firstly, wait until your transfer to Scottish Power has been handled correctly. Then, given the current situation in the energy market, it is difficult to find cheaper rates when you switch. Waiting to see how the war develops is probably best.

I was in the middle of switching to a different supplier. What should I do?

Your old and new supplier will handle your switch as normal. You probably won´t have to do anything.

Scottish Power tariffs in 2021: what can I choose from?

Scottish Power has single tariffs and dual fuel options. For both types, you can choose between variable and fixed rates depending on your preference. In the table below we display the average annual costs for Scottish Power plans.


Plan Tariff type Average Electricity annual cost (£/year) Average gas annual cost (£/year) Average total annual cost (£/year)
Standard Variable Variable Rate £ 704.228* £ 576.567* £ 1280.795*
1 Year Fixed Price Energy 12 Months Fixed Rate £ 898.233* £ 1012.989* £ 1911.223*
2 Years Fixed Price Energy 24 Months Fixed Rate £904.223* £1018.979* £1923.203*
1 Year Fixed Price + Boiler 12 Months Fixed Rate £ 877.158* £ 991.914* £ 1869.073*
2 Years Fixed Price + Boiler 24 Months Fixed Rate £ 883.185* £ 997.941* £ 1881.126*

Prices vary from one city to another, so we display national averages
* Based on 2,900.00 kWh of ⚡ and 12,000.00 kWh of 🔥 per year on average
Including 5% of VAT.
Exit fees are £0, besides the 1 Year Fixed Price Energy, 1 Year Fixed Price + Boiler, and 2 Years Fixed Price + Boiler plans, where the exit fee is £30.


Fixed tariff

When you have a fixed contract you pay the same price for your energy for the entire duration. This gives you some security and prevents your bill from rising too much.

Variable tariff

Under variable tariffs, your price actually fluctuates according to the market prices. Your security that you don´t have sudden increases in price is gone. However, in return, you gain more flexibility to switch supplier without exit costs. Scottish Power also allows you to choose standard variable tariffs. In the case your price will go up, the supplier has to let you know within 30 days.

Scottish Power Tariffs

Scottish Power has many options available, look below to see some of the more common plans!

Below is the cost information associated with Scottish Power’s long-term fixed rate tariff plans:


Plan Tariff Type Type of Fuel Standing Charge (p/day) Unit Rate Cost (p/kWh) Average Total Annual Cost (£/year) Exit Cost (£)
1 Year Fixed Price Energy 12 Months Fixed Rate Electricity 36.710 p* 26.350 p* £ 898.233** £ 30.000
1 Year Fixed Price Energy 12 Months Fixed Rate Gas 36.520 p* 7.330 p* £ 1012.989** £ 30.000
2 Years Fixed Price Energy 24 Months Fixed Rate Electricity 38.350 p* 26.350 p* £ 904.223** £ 0.000
2 Years Fixed Price Energy 24 Months Fixed Rate Gas 38.160 p* 7.330 p* £ 1018.979** £ 0.000
1 Year Fixed Price + Boiler 12 Months Fixed Rate Electricity 30.940 p* 26.350 p* £ 877.158** £ 30.000
1 Year Fixed Price + Boiler 12 Months Fixed Rate Gas 30.750 p* 7.330 p* £ 991.914** £ 30.000
2 Year Fixed Price + Boiler 24 Months Fixed Rate Electricity 32.590 p* 26.350 p* £ 883.185** £ 0.000
2 Year Fixed Price + Boiler 24 Months Fixed Rate Gas 32.400 p* 7.330 p* £ 997.941** £ 0.000

Prices vary from one city to another, so we display national averages
* Based on 2,900.00 kWh of ⚡ and 12,000.00 kWh of 🔥 per year on average
Including 5% of VAT.


Scottish Power’s Variable Tariffs

If you are interested in a variable rate plan, below is the tariff information available:


Plan Tariff Type Type of Fuel Standing Charge (p/day) Unit Rate Cost (p/kWh) Average Total Annual Cost (£/year) Exit Cost (£)
Standard Variable Variable Rate Electricity 27.390 p* 20.834 p* £ 704.228** £ 0.000
Standard Variable Variable Rate Gas 26.110 p* 4.010 p* £ 576.567** £ 0.000

Prices vary from one city to another, so we display national averages
* Based on 2,900.00 kWh of ⚡ and 12,000.00 kWh of 🔥 per year on average
Including 5% of VAT.


Economy 7

At Scottish Power you can also opt for an Economy 7 plan. This plan allows you to consume Electricity during off-peak hours and save a lot of money on your Electricity. To see Scottish Power’s Economy 7 tariffs, have a look at our page.

Who were Orbit Energy?

Orbit Energy were quite a young company, founded in 2018. The company was headquartered in London, while their parent companies Energy Global Investments and Genie Energy were situated in Australia and the US.
Orbit had close relations with Shell Energy.

How green was Orbit Energy?

Orbit started offering green energy from 2019 onwards. Orbit Energy only uses Renewable Energy Guarantees of Origin certified products.
All of the electricity that Orbit Energy uses is backed up by certificates of Renewable Energy Guarantees of Origin, or REGOs. This shows that the energy really does come from green sources and is great news for customers who want to reduce their carbon footprint at the same time as lowering their monthly energy bills.
Their gas, however, is not from renewable sources, which lower´s their overall sustainability levels.

Orbit Energy fuel mix

Prior to going green, Orbit Energy’s fuel mix was as follows:


Fuel Orbit Energy National average
Coal 1.66% 3.90%
Natural Gas 18.95% 39.40%
Nuclear 2.16% 16.60%
Renewables 75.87% 37.90%
Other 1.37% 2.20%



Orbit Energy were greener than the average UK supplier in terms of their energy mix.

Orbit Energy reviews

In general, online reviews for Orbit Energy were positive. Of the 6,100 reviews posted on impartial, 56% thought the company was ‘Excellent’ while another 15% found it to be ‘Good’. About 18% of reviews contained a ‘Bad’ rating. This led to an overall score of 3.6 out of 5, which is quite decent.

orbit energy

Would you like to know more about energy suppliers in the UK? Great! Check out these related content:

  1. British Gas
  2. Scottish Power
  3. EON
  4. Octopus Energy

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FAQ

Can I move to a different supplier now?

In theory you could. We advise you to stay put for now. The situation in the energy market is very hectic. Shopping around for different tariffs will probably not lower your costs.

Why did Orbit go bust?

Orbit Energy were incurring losses on each customer. The per customer costs of supplying energy were higher than the maximum price they could charge.

Will my rates go up?

The Energy crisis and Ukraine war have put huge upward pressure on energy prices. You will very likely have higher prices under your new contract. .

Is Scottish Power good?

Scottish Power is one of the biggest and most stable suppliers in the market. In the current situation that is a good trait. Lot´s of smaller suppliers cannot handle the large price increases. At Scottish Power you can be fairly sure that they won´t go bust anytime soon.

Updated on 30 Nov, 2022

William Dautel

Website manager

William is a content marketing specialist. After 3 years writing brand strategies he joined papernest to help create the best content to help people handle and save on their utilities.