Over the next few weeks, you’ll hopefully be hearing a lot about a new Government campaign called ‘Power to Switch’, which launched on Monday (16 February). We think it’s a great idea, here’s why:
The Department for Energy and Climate Change reckons a whopping 13.5 million households could save a combined £2.7 billion if they switched energy supplier. That means roughly half of us are paying more than we need to for our energy.
The Government also thinks the average is around £200, but there are deals out there which could save even more than that. If you’ve been with one supplier for a long time and you haven’t ‘re-fixed’ or switched, you’re likely to be on a more expensive ‘Standard Variable’ tariff. These are usually much pricier, so to benefit from big savings you need to get switching!
Remember though, when you do switch, price doesn’t have to be your only consideration. Every customer also deserves to be treated like they matter, because they do. So although OVO is just under £250 cheaper than the Big Six Standard Variable tariff*, we’re determined that shouldn’t mean compromising on customer service. We’re really proud and grateful, thanks to our customers’ votes, to be the first ever energy supplier awarded Recommended Provider Status by Which?.
You can check out independent reviews of customer service from providers like Which?, U-Switch and MoneySavingExpert by visiting their websites and you can find out more about switching from energy regulator Ofgem here: www.BeAnEnergyShopper.com
Be a savvy switcher and compare energy plans with OVO Energy
*Big Six Standard Variable Tariff compared to our Fixed Rate Tariffs (UK average, PC1, medium user). Data taken from Uswitch insight tool. The average of the Big 6 is £1,165, so the comparison to our £920 is £245. As calculated 16.02.15.
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OVO Energy Ltd, registered office 1 Rivergate Temple Quay Bristol, BS1 6ED, company no. 06890795 registered in England and Wales, VAT No. 100119879
Additional terms and conditions
Please see below for full terms and conditions on 33% renewable electricity, 3% interest rewards, exit fees and saving claims.
1Monthly cost - Representative monthly direct debit costs based on a non-economy-7, dual-fuel, medium user (3100 kWhs elec. and 12500 kWhs gas) paying in advance by direct debit, including online discount. All rates correct as of 23/08/16, but may go up or down.
2Weekly cost - Representative weekly costs based on a non-economy-7, dual-fuel, medium user (3100 kWhs elec. and 12500 kWhs gas). All rates correct as of 23/08/16, but may go up or down.
3Pay Monthly Savings are based on the average estimated annual costs for new PAYM OVO customers quoted through the OVO website (based on household and/or consumption information provided by those customers), compared to their current supplier and tariff. Comparisons taken between 01/01/2016 and 11/10/16. Incl VAT. Actual savings may vary according to your current supplier or tariff, individual tariff options, household information, consumption and location.
4Pay As You Go Savings are based on the average estimated annual costs for new PAYG OVO customers quoted through the OVO website (based on household and/or consumption information provided by those customers), compared to their current supplier and tariff. Comparisons taken between 01/01/2016 and 11/10/16. Incl VAT. Actual savings may vary according to your current supplier or tariff, individual tariff options, household information, consumption and location.
We include almost twice as much renewable electricity as the national average: At least 33% of electricity in all of our tariffs comes from renewable sources. The national average, according to Ofgem as at March 2014 was 16.7%. For more information please visit this page.
33% of your electricity comes from renewable sources: 33% renewable electricity as standard as of 1st April 2015. Renewable electricity is generated from wind, solar, geothermal, wave, tidal, hydro, biomass, landfill gas, sewage treatment plant gas and biogas.
3% interest: Calculated at 3% per year, paid monthly based on number of days in credit and the amount left in your account after you’ve paid your bill. OVO Interest Reward is capped at 12 times the amount of the current direct debit amount and is available to customers paying by advance direct debit. Terms apply: http://www.ovoenergy.com/terms/
95% of new customers save when switching to OVO: Based on all new customer signups between 01/02/2016 and 31/07/2016
94% of surveyed customers would recommend us: OVO conducted a survey of their customers in between 1st January 2016 and 15th April 2016. Out of 15,312 customers who responded, over 94% rated OVO 6+ when asked 'how likely would you be to recommend us to a friend and family, on a scale of 1 to 10.
Britain's top rated energy provider: Britain's top rated energy provider in the Which? 2015 satisfaction survey. Survey conducted in October 2015. Awarded in January 2016.