Ovo Energy
Ovo Energy is an environmentally-focused energy provider in Australia. Read more about them and discover how green they are here through Savvy’s energy review.
Fact checked
Ovo Energy is a multinational energy supplier based in Bristol, in the UK. It was founded in 2009, with its Australian branch established in 2019, and its call centre now located in Melbourne. It supplies electricity in four states, and offers a unique electricity plan which includes bill smoothing, and interest paid on any credit on a pre-paid plan.
As a certified carbon-neutral company, Ovo Energy is proud of its green credentials and offers 10% renewable energy with all electricity plans by default. Customers can increase this percentage to 100% carbon neutral through the Australian Government’s GreenPower scheme for a small additional cost. The company also offers a solar electricity plan especially for electric vehicle owners, and generous solar feed-in tariffs in some states.
In which states or territories does Ovo Energy offer energy plans?
Currently Ovo Energy offers electricity and solar energy plans in:
- New South Wales
- Victoria
- Queensland
- South Australia
What is the size of Ovo Energy in comparison to other energy retailers?
According to the Australian Energy Regulator’s latest report (Q2 2022/2023), OVO Energy now has over 10,080 retail electricity customers, and they command around 0.1% of the retail market share.
What are the pros and cons of using Ovo Energy as your energy provider?
- Generous $120 refer-a-friend offer on some electricity plans
- Have an energy plan specifically for electric vehicle owners
- Offer a unique bill-smoothing payment plan, which pays interest if your account is in credit
- Accredited 100% carbon-neutral company
- Offers 10% GreenPower offset at no additional charge
- Does not offer energy plans in NT, WA, TAS or ACT
- Only offers a single rate tariff on The One Plan, which is their standard energy plan available
- No variable-rate tariff plans available
- No mobile app to monitor energy use
- No fixed-rate plans are available, so prices can fluctuate
How is Ovo Energy rated as a green energy provider?
According to Greenpeace’s Green Electricity Guide, Ovo Energy has a score of 4.74/10 overall. This is because the company is seen to be investing in renewable energy generation assets, but it still buys energy from the National Electricity Market, where most power currently comes from burning coal and gas.
Their scores for these specific criteria are:
- Providing clean, renewable energy: 40%
- Ending coal use by 2030: 0%
- Halting fossil fuel expansion: 100%
- Support for new renewable energy: 46%
- Pollution & environmental harm: 50%
- Transparency in marketing: 80%
*Information from Greenpeace’s Green Electricity Guide is current as of August 2023, but subject to change
Why compare energy plans with Savvy?
Free comparisons
Our handy comparison tool is free to use, so you can compare gas and electricity plans from our trusted partners at no cost.
Instant online energy plans
Once you tell us where you live, and the plan you're after, you'll be able to instantly compare plans side-by-side online.
Switch and save
You'll be offered the opportunity to switch to a better energy plan, potentially saving you money on your energy bills.
Common questions asked about Ovo Energy
More energy retailer reviews
Tango Energy
Tango Energy is one of the smaller and lesser-known energy providers in Australia. Read more about them and find out how green they are here …
Lumo Energy
Lumo Energy is one of Australia’s smaller green energy providers. Find out more about them and discover how green they really are here with Savvy’s …
Origin Energy
Origin Energy is the largest energy provider in Australia. Find out more about Origin and how their energy prices compare to others here through Savvy’s …
ActewAGL
Actewagl is the main energy retailer for the ACT, but also some parts of NSW. Read more about them and find out how green they …
Nectr Energy
Nectr Energy is a popular green energy provider in Australia. Read more about them and discover how green they really are here through Savvy’s energy …
1st Energy
1st Energy is a relatively small energy provider in Australia. Read all about them and find out how green they are here through Savvy’s energy …
EnergyAustralia
EnergyAustralia is one of the largest energy providers in Australia. Read all about them and find out how green they are here through Savvy’s energy …
Powershop
Read about Powershop to find out where they operate in Australia and the pros and cons of choosing them for your energy needs through Savvy’s …
Compare energy plans
Disclaimer:
Savvy is partnered with Econnex Comparison (CIMET Sales Pty Ltd, ABN 72 620 395 726) to provide readers with a variety of energy plans to compare. We do not compare all retailers in the market, or all plans offered by all retailers. Savvy earns a commission from Econnex each time a customer buys an energy plan via our website. We don’t arrange for products to be purchased directly, as all purchases are conducted via Econnex.
Any advice presented above is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an energy plan. For further information on the variety of energy plans compared by Econnex, or how their business works, you can visit their website.
