Australia Electricity Price Increase 2024
The volatile Australian electricity market shows no signs of calming down in 2024. With the anticipated double-digit price increases for […]
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OVO is one of the newest electricity suppliers in Australia. They are known as one of the greenest choices, and with their slimmed-down, easy-to-understand choices of plans, their customers enjoy the simplicity and transparency of their pricing. Keep reading to find out if OVO Energy plans could be a good fit for your home.
OVO Energy Australia broke into the energy market in 2019, expanding from its roots as a UK energy provider, where it has been operating since 2009.
They stood out from other providers because they have a single, simple energy plan available to customers in New South Wales, Victoria, Queensland and South Australia. Since then, they have added a solar and EV plan to further their focus on renewable energy.
OVO Energy Australia supplies electricity plans to customers in New South Wales, Victoria, Queensland and South Australia.
The rates and tariffs vary depending on your location and distribution network, so it’s important to find the latest prices available in your area before you sign up for a new plan.
OVO’s core product is The One Plan. This is available to customers in New South Wales, Victoria, Queensland and South Australia, but rates vary depending on your area.
The One Plan includes:
For solar customers and electric vehicle (EV) owners, OVO has introduced plans to help you maximise your savings.
The Solar Plan includes:
The EV Plan includes:
OVO Energy believes that everyone should be able to contribute to environmental sustainability with no hassle. OVO customers can make their energy plans 100% renewable at any time, with no contracts so you can upgrade or cancel anytime.
GreenPower can be added to OVO Energy plans, one of the most effective ways to support renewable energy development in Australia. When you purchase GreenPower, OVO will replace your electricity consumption with certified renewable energy, which results in no net greenhouse gas emissions. For every kilowatt-hour of electricity you use in your home, OVO Energy ensures that an equivalent amount of certified renewable energy enters the grid.
OVO Energy undergoes independent annual audits by the government-managed GreenPower program to guarantee this commitment.
OVO Energy has developed Plan Zero in response to the climate crisis. By assessing their carbon footprint and the environmental impact of their products and services, they have developed a three-pronged approach to transforming their business to help drive progress towards zero-carbon living.
OVO energy reviews in Australia show that overall customers are very satisfied with their service, especially in Victoria where electricity rates are among the cheapest. They have a 4-star rating on Trust Pilot and a 3.5-star rating on Product Review.
Customers report in OVO Energy reviews that they enjoy the option of fixed rates, GreenPower and the singularity of their plan. On the flip side, they do not like that they do not sell gas and have fewer payment options compared to other energy providers.
For customer service, customers report quick wait times and a knowledgeable support team who can solve multiple problems in one phone call.
OVO’s payment options look a little bit different to other energy companies. They use 100% paperless billing and customers are required to set up a Direct Debit.
You pay for OVO Energy plans with a fixed monthly payment, so you always know how much you are going to pay. This is done through Bill Smoothing, where OVO predicts your energy usage for the next 12 months and charges it in 12 equal payments.
If you use less than predicted, you will receive a 3% interest reward for the credit on your account. OVO regularly reviews your monthly payments to make sure your bill is as accurate as possible. They also encourage customers to submit their own meter readings using their smart meters to make sure their usage matches their bill smoothing payments.
If you don’t have a smart meter OVO Energy can book a meter upgrade for you. Once it is set up you simply use your OVO Energy login details to submit your meter reading online.
Ovo Energy is not currently part of our panel of electricity and gas suppliers. We can compare energy plans from EnergyAustralia, ActewAGL, Covau, Tango Energy, Blue NRG and Energy Locals.
If you are considering moving your energy plans to OVO Energy contact www.ovoenergy.com.au to look at the plans available in your area and connect now.
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