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OVO Energy

OVO was launchd in the UK in 2009 focussing on great service, affordable pricing and access to more renewable energy. Now the largest independent retailer in the UK supplying energy from renewable sources to over 5 million households.

In late 2019, we launched in Australia with the same green approach.

When you join OVO Energy, they will commit to purchasing the equivalent of 10% of your electricity usage from renewable energy generators as standard. This is at no extra charge to you, and is audited under the government’s GreenPower scheme.

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OVO Interest Rewards
This is just OVO Energy’s way of thanking customers for keeping their account in credit.
Since their tariff is bill smoothed at certain points of the year, customers are likely to build up credit – Ovo Energy believe that if they’ve got your money, it’s only right to pay you interest on it.

As an example, if a customer is in credit when they generate their statement, OVO Energy work out their Interest Reward based on the credit balance in that statement. The customer won’t actually see the payment as a line item on their bill until their next statement.

The amount of interest paid is based on the amount of days between the two statements – OVO Energy automatically calculate the Interest Reward that is due to the customer and credit this to their account.

Customers start with a 3% interest reward in their first year. In year 2, OVO Energy increase this to 4% and then it’s 5% for year 3 and beyond. Essentially, the longer a customer stays with OVO Energy, the more they say thank you.

Note: OVO Energy only ever pay interest if the account is in credit and will never apply interest to debit balances. The maximum credit balance OVO Energy will pay Interest Reward on is $1,500 and customers must not make payments into their account just to receive the OVO Interest Reward. All information regarding OVO Energy has been provided to us directly from the retailer

At Deal Expert we will compare different companies and plans available for your property. We’ll consider lowest rates, best overall discount, special offers and payment bonuses, or any other special plan features that you want to see from your electricity company.

We work hard to find great deals from leading energy retailers you can trust.

Why choose OVO Energy?

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How to compare OVO Energy Plans

When considering a switch to a better electricity or gas plan, Deal Expert can assist with a comprehensive plan comparison search. Key factors to consider when comparing OVO Energy plans include lower tariffs for supply and usage, discounts and offers including green energy incentives, personalized energy plans or basic market offer retail contracts, convenient payment options such as direct debit, fees and charges impacting bills, terms and conditions for benefit periods, concessions, sustainability add-ons including solar options, and additional features and benefits uncovered by Deal Expert.

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Understanding OVO Energy Tariffs

Tariffs play a crucial role in determining energy costs, encompassing charges for energy usage and supply. OVO Energy’s tailored energy plans may feature various tariffs including supply charges, single rate tariffs, time-of-use tariffs, controlled load tariffs, solar feed-in tariffs, and initiatives supporting renewable energy.

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Frequently Asked Questions

How does using Compare Your Bills to compare plans benefit me?
Using Compare Your Bills to compare  plans is incredibly beneficial for customers looking to find the best-suited plan for their needs. When you compare different offers, Compare Your Bills helps you navigate the complexities of various plans and pricing structures. By utilizing our service, you can compare the features and benefits of multiple options side by side, making it easier to identify which plan aligns with your consumption patterns and budget. Ultimately, our goal is to empower you to make informed decisions by enabling you to compare plans effortlessly, ensuring you select the most suitable energy solution for your household or business.

There are a multitude of reasons for rising electricity prices in Australia. One of the main ones has been the need to invest in maintaining and improving the network infrastructure in order to increase capacity in a growing population. Another factor has been the need to address environmental issues, which means minimising the use of coal plants and creating more renewable energy sources.

Proposals to keep price increases in check have included:

  • Further privatisation of state government-owned electricity networks
  • Adjustments to environmental policies that impact wholesale energy costs
  • Further retail price deregulation
  • Setting standards based on the value that customers place on network reliability

Unfortunately, there’s no “best” or “one-size-fits-all” energy plan or provider, as finding a plan that suits you will ultimately depend on your individual needs and circumstances. When comparing plans, it may be beneficial to consider the following questions:

  • How many people are living or working in the premises?
  • What is the property made of? Does it maintain temperature well?
  • What type of connections are available at the address? Just electricity, or is gas available as well?
  • Does the property have solar panels, or would you be able to install them?

Before you switch energy providers, it’s important that you review the full details of your existing plan and the one you’re intending to switch to. This will ensure you’re switching to something that is actually going to be more beneficial for you.

You should also ask yourself the following questions:

  • For electricity, what is the cost per kilowatt per hour?
  • For gas, what is the cost per megajoule?
  • Are there any fixed costs or service fees?
  • What is the length of your contract and are there any exit fees?
  • Can prices change during the contract?
  • Do I get a discount for paying on time?

With Compare Your Bills you can compare plans offered from our range of providers*, and select the one which suits you. Start comparing online, or call us today on 1300 064 802 to talk with our friendly team.

Solar power is a common form of renewable energy, generated from the sun’s heat or from sunlight. Captured through the use of solar panels, often on the roofs of residential and commercial properties, the energy produced is converted into electricity or used to heat air, water, and to power homes, businesses, and batteries.

More than two million Australian households have a solar system on their rooftop for electricity generation, although there are a variety of other ways that solar energy can be harnessed. These include:

  • Hot water systems
  • Cars and school buses
  • Phone chargers
  • Wearables
  • Air conditioners
  • Security cameras
  • Advertising displays
  • And more

The National Broadband Network (NBN) is a government-owned wholesale broadband network in Australia. It aims to provide high-speed internet access to homes, businesses, and communities across the country. NBN offers various types of broadband technologies, including Fibre to the Premises (FTTP), Fixed Wireless, and Hybrid Fibre Coaxial (HFC), to deliver fast and reliable internet connections.

To change your internet provider, follow these steps:

– Research and compare plans from different ISPs.

– Sign up for a new plan with your chosen provider.

– Contact your current provider to cancel your existing service.

– Arrange for installation of the new service with your new provider.

The main types of mobile phone plans in Australia include:

– Prepaid plans: Pay in advance for a set amount of calls, texts, and data.

– Postpaid plans: Pay a monthly fee for a set amount of calls, texts, and data, usually with additional charges for excess usage.

– SIM-only plans: Bring your own device and pay for calls, texts, and data on a monthly basis without a handset included.

  1. When comparing mobile phone plans, consider factors such as:
  2. Included calls, texts, and data allowances.
  3. Network coverage and reliability.
  4. Contract terms and commitments.
  5. International roaming and call/text allowances.
  6. Additional perks or bonuses offered by the provider.

There may be early termination fees if you cancel your mobile phone plan before the end of the contract term. Check the terms and conditions of your plan or contact your provider for details on any applicable cancellation fees.

Deal Expert operates in the capacity of a lead generator and re-seller of the product and introducing the client to the OVO Energy, where the final sale and setup is completed for the client.

Note: The landing page of the ad using the trademark is primarily dedicated to selling (or clearly facilitating the sale of) products or services, components, replacement parts, or compatible products or services corresponding to the trademark