What’s the difference between our market and standing offer?
Mojo offers two sets of rates; market offer and standing offer – however all customers should look only at the market offer rates. These are the rates that will be offered to customers in almost all circumstances.
Having standing offer rates is a legal requirement and they are generally used in the following situation:
- When a property that is supplied with energy by Mojo changes occupants, standing offer rates will apply. Once we make contact with the new occupant, they must then decide whether to continue with Mojo (either by agreeing to a market offer or stay on the standing offer) – or to switch to another supplier, which will be done when switching process is complete.