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About OVO Energy
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.
Pros
Monthly bill smoothing spreads energy costs evenly across the year
No credit card fees on payments
Interest paid on account credit balances
GreenPower option available for customers who want renewable support
EV plans available with lower off peak charging rates in some states
Cons
Only available to homes with a smart meter installed
Move in fees apply when setting up an account
No mobile app for managing usage or bills
Solar feed in rates are lower in some states
- Limited plan choice compared with larger retailers
What Sets OVO Energy Apart?
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.
Who Owns OVO Energy?
OVO Energy in Australia is owned by AGL Energy through a step by step takeover.
AGL first took a majority stake in the Australian OVO business in 2021. Control shifted at that point, while the brand continued to operate locally. In 2024, AGL completed the process and took full ownership.
Since then the Australian OVO operation has been absorbed into AGL’s wider retail business. Customer accounts and services are now managed under the AGL group rather than as a separate retailer.
Where are OVO Energy Plans Available?
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.
Use the CheapBills Comparison tool to see which plans are offered where you live.
Compare Energy plans
Compare Energy plans
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What is OVO’s Plan Zero?
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.
- Climate – reach true net zero by 2035
- Customers – reach net zero with no one left behind
- Culture – be a world-leading workplace for climate action
OVO Energy: The EV Plan
The OVO EV Plan offers a simple way for electric vehicle owners to lower charging costs at home. The setup is clear, and the benefits suit drivers who charge during off-peak hours or midday.
With the OVO The EV Plan, you can charge your EV for just 8c/kWh from midnight to 6am. You also get free charging between 11am and 2pm every day. The OVO Energy EV Plan includes a 3c/kWh solar feed-in rate for homes exporting excess power.
OVO EV Plan Overview
Feature | Details |
Overnight Charging | 8c/kWh (12am to 6am) |
Daytime Charging | Free (11am to 2pm) |
Solar Feed-In Tariff | 3c/kWh |
Smart Meter | Required |
Time-of-Use Tariff | Required |
EV Ownership | Required |
Available States | NSW, VIC, QLD, SA |
App Integration | Tesla, Mini, BMW |
Renewable Option | 100% GreenPower optional |
The EV Plan OVO offers flexibility with no need for new hardware. Enhanced app controls are available for selected EV brands, letting you track and schedule charging with more precision.
Customers also benefit from the 3% OVO Interest Reward on credit balances and a $120 referral bonus paid over 12 months when referring friends.
The OVO Energy EV Plan suits drivers who prefer to charge their car during low-demand hours and want to lower electricity bills without extra equipment.
