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This Bristol-based energy company offers a range of tariffs, including many eco-friendly options
OVO Energy's tariffs focus on fair pricing and helping customers understand their carbon footprint.
As well as a selection of fixed and variable tariffs, there’s quite a few options if you’re looking for greener, more environmentally-friendly plans.
For example, you can add its Greener Energy upgrade to any plan: for any electricity you use in your home, OVO will buy 100% renewable energy from traceable sources to feed back into the grid.
OVO Energy offers three one-year fixed-rate tariffs. As well as the basic one-year fixed tariff, there’s also one that comes with boiler cover, as well as one with an inclusive Greener Energy upgrade (and uses 100% renewable electricity).
On a fixed-rate tariff, your unit rate for electricity and gas will stay at a set price for one year from the date you sign up.
As you’re tied to your contract for 12 months, you’ll face exit charges if you leave early. There’s a £75 exit fee for each fuel – so, if you take out both gas and electricity with OVO, you’ll pay a £150 exit fee if you leave both.
Currently, fixed tariffs are only available to existing OVO customers. If you’re a new customer, you’ll be put on its Variable tariff – more on that below.
OVO’s only variable tariff is called Simpler Energy. A variable tariff means unit rate and standing charge will vary depending on fluctuations in the wholesale energy market. OVO reviews its Simpler Energy prices every three months.
Although variable tariffs are usually more expensive than fixed ones, they offer a lot more flexibility. You’re not tied to a contract, meaning you’re free to change contracts or switch energy supplier at any point, without paying an exit fee.
It doesn’t require a smart meter, though OVO can get you one for free.
Both new and existing OVO energy customers can choose the Simpler Energy tariff.
If you have an Economy 7 meter and you mostly use your energy during the night, you could opt for an Economy 7 tariff with OVO.
This means you get two unit rates: one for the day (peak) and another for the night (off-peak). Over seven hours, typically somewhere between 10pm and 8am, you pay lower rates for your energy.
Off-peak hours can differ between different providers, where you live, and even the meter you use. To find out the exact off-peak hours that apply to you, check with your provider.
Economy 10 tariffs work in the same way. But as well as seven off-peak hours during the night, they give you an additional three hours of off-peak priced energy during the day, too. They’re quite rare, though, and not many suppliers offer Economy 10 tariffs – OVO doesn’t, either.
If you own an electric vehicle, you can add the Charge Anytime scheme to any OVO plan for free. You’ll also need a compatible EV charger, as well as a smart meter.
It helps you make savings by calculating the greenest times to charge your car. This smart charging rate is 10p per kWh.
At the end of every month, OVO works out how much energy you’ve used to smart charge your EV. They’ll then credit your account in the first week of the following month, to reflect the smart charging rate. This will appear on your monthly OVO Energy bill as ‘Charge Anytime Credit’.
You’ll be able to manage everything, plus get insights into your charging habits and savings you can make, via the app.
If you don’t already have a home EV charger, you can get one installed with OVO.
All OVO Energy tariffs – both its variable and fixed plans – are available as dual fuel, meaning you can get both your gas and electricity from OVO.
This can sometimes work out cheaper, as you may be able to get a discount. Plus, it’s easier to manage payments, as you only have to deal with one bill from the same provider.
If you have a prepayment meter and are on a pay-as-you-go tariff, OVO Energy has created a separate brand called Boost. This is aimed at those who require support with bills.
Visit its website to find out more.
Currently, existing OVO Energy customers have the most choice from its range of tariffs. Both its fixed and variable tariffs are available to existing customers.
You can easily compare and request to switch tariffs via your online account.
As mentioned above, OVO Energy’s big focus is on providing greener energy options to help customers cut their carbon footprints.
Its 1 Year Fixed + Greener Energy tariff comes with the Greener Energy upgrade included, and uses 100% renewable electricity. You can also add the Greener Energy upgrade to any OVO plan – for any electricity you use, OVO buys the same amount of renewable electricity to balance this out.
Its Charge Anytime plan lets you charge your electric vehicle during the ‘greenest’ hours, at a cheaper smart charging rate.
OVO Energy does not offer business tariffs. If you want to find out more about business energy tariffs, give our energy experts a call on 0800 088 6986.
Changing your energy provider has never been easier. It takes minutes to get a quote on our site, and you could be up and running with your new supplier in no time.
Use our energy comparison service to compare tariffs and see how much you could save.
Yes – all OVO Energy tariffs are available as gas-only or electricity-only deals.
It’s worth nothing, though, that getting both in a dual fuel deal can often work out cheaper than getting them separately from different suppliers.
Founded in 2009, OVO Energy is a major British-owned energy supplier based in Bristol. It supplies energy to more than four million homes across the UK.
It focuses on providing green energy to all its customers, offering ways to cut carbon footprints and reduce energy bills. It also has a ‘Planting Promise’, in which it plants one million trees in the UK every year.
Although it wasn’t one of the original ‘Big Six’ energy companies, it acquired the retail arm of SSE in 2020, making it part of the Big Six and the UK’s third-largest domestic energy supplier.
There are several ways you can get in touch with OVO:
Online chat: Get answers via OVO’s chatbot – and if it can’t solve your query, it’ll put you through to a member of the support team
By post: Feeling old school? You can send a letter to: OVO Energy Services, PO Box 3130, Worthing, BN99 9HG
By telephone: OVO’s helpline is 0330 303 5063. Normal opening hours are Monday to Friday, 9am to 5pm
There’s also OVO’s community forum, where you can read posts and ask questions from fellow OVO customers.
