OVO Energy Review I Compare Plans & Features 2024

Join

Finder makes money from featured partners, but editorial opinions are our own.

Finder competition banner: 'Get a $50 gift card by switching to a selected energy provider;

OVO Energy review

OVO Energy is a major UK retailer that has expanded to Australia offering electricity plans to households in NSW, VIC, SA and QLD. However, you can only sign up with the provider if you have a smart meter installed.

Its plans are fairly priced across the board but those in VIC can do better elsewhere.

OVO Energy has a different payment method of compulsory bill smoothing, meaning the provider will estimate your annual usage and set up 12 equal monthly payments. This will help you avoid bill shock in summer and winter when you're likely using heating or cooling systems, but means you pay more throughout the rest of the year.

OVO Energy also has the additional perk of giving you 3% interest on your money each month if you account is in credit.

Those in VIC, SA and QLD can also access its solar plans that come with competitive feed-in tariffs.

Pros

No credit card fees
Option to purchase GreenPower to support renewable energy

Cons

Can only service properties with a smart meter
Move-in fees apply
No mobile app for managing your plan

What do you want to compare?

Compare electricity plans from OVO Energy

1 - 1 of 1

Name	Plan features	Reference price	Typical annual cost
OVO Energy - The One Plan Basic Plan Information \| (OVO704477MRE13@EME) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Rates are not fixed FiT from 3c/kWh	Reference price 18% less than reference price	Estimated cost/year (typical usage) $1,480/year	Go to site View details Compare	loading Fetching your data...

Showing 1 of 1 results

The annual estimated electricity prices are based on a residential customer on the Ausgrid network who consumes 3,900kWh yearly on a single rate tariff. Your actual bill may vary depending on your consumption.

1 - 3 of 6

Name	Plan features	Reference price	Typical annual cost
OVO Energy - The One Plan Tesla Giveaway Energy Fact Sheet \| (OVO565187MR@VEC) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Fixed rates FiT from 3.3c/kWh	Reference price 23% less than Victorian Default Offer	Estimated cost/year (typical usage) $1,120/year	Go to site View details Compare	loading Fetching your data...
OVO Energy - The Basic Plan Tesla Giveaway Energy Fact Sheet \| (OVO565191MR@VEC) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Fixed rates FiT from 3.3c/kWh	Reference price 19% less than Victorian Default Offer	Estimated cost/year (typical usage) $1,180/year	View details Compare	loading Fetching your data...
OVO Energy - The Free 3 Plan Tesla Giveaway Energy Fact Sheet \| (OVO565217MR@VEC) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Fixed rates FiT from 3.3c/kWh	Reference price 9% less than Victorian Default Offer Plus an extra 12% below the Victorian Default Offer if you meet the conditional discount requirements	Estimated cost/year (typical usage) $1,320/year $1,150 if you meet the conditional discount requirements	View details Compare	loading Fetching your data...

Showing 3 of 6 results

The annual estimated electricity prices are based on a residential customer on the Citipower network who consumes 4000kWh yearly on a single rate tariff. Your actual bill may vary depending on your consumption.

1 - 3 of 6

Name	Plan features	Reference price	Typical annual cost
OVO Energy - The One Plan Basic Plan Information \| (OVO704507MRE12@EME) Single rate tariffFeed in tariff available	No credit card fees No disconnection fee Rates are not fixed FiT from 3c/kWh	Reference price 22% less than reference price	Estimated cost/year (typical usage) $1,600/year	Go to site View details Compare	loading Fetching your data...
OVO Energy - The Basic Plan Basic Plan Information \| (OVO704370MRE12@EME) Single rate tariffSmart meter requiredFeed in tariff available	No credit card fees No disconnection fee Rates are not fixed FiT from 3c/kWh	Reference price 18% less than reference price	Estimated cost/year (typical usage) $1,680/year	View details Compare	loading Fetching your data...
OVO Energy - The Free 3 Plan Basic Plan Information \| (OVO704460MRE12@EME) Single rate tariffSmart meter requiredFeed in tariff available	No credit card fees No disconnection fee Rates are not fixed FiT from 3c/kWh	Reference price 4% less than reference price Plus an extra 16% below the reference price if you meet the conditional discount requirements	Estimated cost/year (typical usage) $1,980/year $1,650 if you meet the conditional discount requirements	View details Compare	loading Fetching your data...

Showing 3 of 6 results

The annual estimated electricity prices are based on a residential customer on the Energex network who consumes 4,600kWh yearly on a single rate tariff. Your actual bill may vary depending on your consumption.

1 - 3 of 6

Name	Plan features	Reference price	Typical annual cost
OVO Energy - The One Plan Basic Plan Information \| (OVO704516MRE12@EME) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Rates are not fixed FiT from 2c/kWh	Reference price 4% less than reference price	Estimated cost/year (typical usage) $2,130/year	Go to site View details Compare	loading Fetching your data...
OVO Energy - The Basic Plan Basic Plan Information \| (OVO704385MRE12@EME) Single rate tariffSmart meter requiredFeed in tariff available	No credit card fees Disconnection fees Rates are not fixed FiT from 2c/kWh	Reference price 1% more than reference price	Estimated cost/year (typical usage) $2,230/year	View details Compare	loading Fetching your data...
OVO Energy - The Free 3 Plan Basic Plan Information \| (OVO704473MRE12@EME) Single rate tariffSmart meter requiredFeed in tariff available	No credit card fees Disconnection fees Rates are not fixed FiT from 2c/kWh	Reference price 31% more than reference price Reduces to 17% more than the reference price if you meet the conditional discount requirements	Estimated cost/year (typical usage) $2,910/year $1,850 if you meet the conditional discount requirements	View details Compare	loading Fetching your data...

Showing 3 of 6 results

The annual estimated electricity prices are based on a residential customer on the SA Power Network who consumes 4,000kWh yearly on a single rate tariff. Your actual bill may vary depending on your consumption.

Read a more detailed review on

Rewards and features
Customer service
Solar energy
Green energy

Rewards and Features

Rewards and features

💰 3% interest reward

When your account is in credit you'll be paid 3% interest on your balance.

🌳 Reforestation

OVO Energy will help cut down its carbon emissions via tree planting projects. So far the company says it has planted over 2 million trees.

🚘 Dedicated EV plans

OVO Energy offers its customers dedicated EV plans which allows customers to access cheaper usage rates when they charge their cars during off-peak times (midnight and 6am).

Customer Service

Customer service

How do I get in touch with OVO Energy?

There are a few ways of ways to get in touch with OVO Energy if you need to ask a question or sort something out:

Send a message via a chat popup on OVO's website between 8:30am and 5:30pm AEST Monday to Friday.
Call up the customer support team during the same hours if you can't resolve your issue over live chat.
Email OVO, although you might get a slower response than the other 2 methods.

Customer satisfaction

We don't currently have enough reviews to display a star rating on Finder.

However OVO Energy scores well on other websites as of 25 July 2024.

This includes:

Productreview.com.au. 3.8/5 stars (606 reviews)
Trustpilot. 4.6/5 stars (230 reviews)

Keep in mind: These customer reviews are subjective and may not reflect your actual experience. Use these scores to inform your research when looking for a new energy provider.

Solar Energy

Solar energy

How much does OVO Energy pay for solar feed-in tariff?

OVO Energy isn't currently offering solar plans to new customers. We'll update this section if and when they're made available.

For now, you can access feed-in tariff on its normal electricity plans in the following states:

1 - 4 of 4

Product	Solar feed-in tariff
VIC	3.3 cents per kWh	loading Fetching your data...
NSW	3 cents per kWh	loading Fetching your data...
QLD	3 cents per kWh	loading Fetching your data...
SA	2 cents per kWh	loading Fetching your data...

Green Energy

Green energy

Is OVO Energy environmentally friendly?

Green Electricity Guide Rating: 4.74/10

OVO Energy ranks 16th (out of 39 providers) in the 2022 Greenpeace Green Electricity Guide rankings for a few key reasons.

While OVO Energy invests in renewable generation it hasn't taken an active stance on climate change and isn't very transparent on where it sources electricity from.

It has halted fuel expansion but not committed to ending coal use by 2030.

Keep in mind, the Greenpeace score came out prior to OVO Energy offering solar and EV plans.

GreenPower add-on available

OVO Energy also gives you the option to access a GreenPower add-on on all its plans. This will enable the provider to send renewable energy back to the grid by matching your power usage.

You only have the option of matching 100% off your usage at $4.95 cents per kWh. Other providers offer more variations such as matching 25% or 75% of your usage depending on what you're willing to spend.

Now that you've read our review of OVO Energy you can check out its plans once again before signing up. Alternatively, if you're unsure, you can compare other energy providers on Finder before commiting to a decision.

See OVO Energy plans

Compare other energy providers

Why compare energy with Finder?

We know our stuff. Our experts review hundreds of plans each month. It's hard work, but we love it.

You can rely on us. We update plan data on dozens of providers daily, and we're constantly fact-checking.

We're here to help. We've helped millions of Aussies find cheaper energy. That's pretty powerful.

Thank you for your feedback!

Written by

Cameron Micallef

Writer

Cameron Micallef was a utilities writer for Finder. He previously worked on titles including Smart Property Investment, nestegg and Investor Daily, reporting across superannuation, property and investments. Cameron has a Bachelor of Communication and Media Studies/ Commerce from the University of Wollongong. Outside of work Cameron is passionate about all things sports and travel. See full bio

Cameron's expertise

Cameron has written 177 Finder guides across topics including:

Energy
Mobile
Internet
Streaming

More resources on Finder

More guides on Finder

Wholesale energy prices surge – more power pain for households?
It's too soon to tell but things aren't looking good.
Get $1,000+ with a card sign-up offer | Dollar Saver tip #91
Get $1,000+ when you sign up for a frequent flyer credit card.
Ethereum ETFs hit US$1 billion volume in first day
Ethereum ETFs look set to hit US$1 billion volume on first day.
5 ways you can get a better (and cheaper) home internet set up this year
SPONSORED: Don't chuck your modem out the window! We'll show you some simple tips to help enhance your internet speed.
5 reasons to upgrade to high-speed nbn this July
SPONSORED: Take off into cyberspace at rocket speed with a faster connection!
Dollar Saver tips index
Find all the weekly tips from our Dollar Saver newsletter and see how you could save.
Alex.Bank term deposit with Qantas Points: Is it worth it?
You can score up to 25,000 Qantas Points, but is the interest rate good enough?
Compare NBN plans faster than Netflix takes to load
Ditch the buffering blues or overpriced internet. Compare NBN plans packed with speed and sweet, sweet deals.
Optus drops free mobile plan trial: What’s the catch?
Some people with older handsets may miss out.
St.George Rainbow Vertigo Card
Offers a 0% introductory rate on balance transfers for 28 months (with a 1% BT fee) and a competitive purchase rate.

Ask a question

Click here to cancel reply.

Display name

Your email (will not be published)

Your question

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Feedback

Go to site

OVO Energy review

Our verdict: OVO Energy offers competitive prices on its electricity plans in majority of the states as well as decent feed-in tariffs on its solar plans.

OVO Energy review

Pros

Cons

What do you want to compare?

Compare electricity plans from OVO Energy

Read a more detailed review on

Rewards and features

💰 3% interest reward

🌳 Reforestation

🚘 Dedicated EV plans

Customer service

How do I get in touch with OVO Energy?

Customer satisfaction

Solar energy

How much does OVO Energy pay for solar feed-in tariff?

Green energy

Is OVO Energy environmentally friendly?

Ready to sign up with OVO Energy?

Why compare energy with Finder?

Cameron Micallef

More guides on Finder

Ask a question

Important information about this website

Advertiser Disclosure

How we make money

Sorting and Ranking Products

Terms of Service and Privacy Policy