OVO Energy was presented with the Sustainable Business of the Year Award at the first annual Cirencester Chamber of Commerce Business Awards Ceremony. The ceremony, held at the Royal Agricultural College on Friday 20th May, honoured Cirencester businesses and their commitment to investing in the local community.
Having launched in 2009, OVO Energy was recognised as an environmentally responsible and socially engaged company. OVO Energy is a national gas and electricity supplier based in the outskirts of Cirencester, offering two simple tariffs that give consumers the opportunity to be green, without the premium. The New Energy tariff offers 15% renewable electricity, more than double the amount of the industry standard, while the Green Energy tariff offers 100% renewable electricity.
In 2010, OVO announced their partnership with environmental charity, Cool Earth, with a commitment to protect an acre of rainforest on behalf of each customer.
Managing Director Stephen Fitzpatrick said, “When it comes to long term sustainability, we believe it’s better to encourage more to do a little rather than rely on a few to do a lot. That’s why we thought there must be a way we can help our customers do their bit for the environment, and together, we can make a big difference. We have implemented the biggest global initiative in the industry to fight global warming. The average household emits 5.5 tonnes of C02 every year. By protecting an acre of rainforest, each customer is locking in 260 tonnes of C02. Together we’re protecting nearly 40,000 acres of rainforest.”
He continued, “I would like to thank the Chamber of Commerce for presenting us with this award and extend a big thank you to our team for their dedication and hard work.”
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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.