OVO Drive

Important to know

1. For an EV customer charging 2,000kWh per year, with the UK average home consumption of 3731kWh of electricity and 11,526kWh of gas per year, the OVO Drive tariff would be up to £130 cheaper than OVO's next cheapest tariff. Based on an average of tariff rates across regions as of 28/05/21. Actual savings will vary based on home energy and EV charging usage. EV charging consumption based on an average mileage of 8000 miles, at an average of 4mi/kWh.
2. Regional rates may vary. Click 'Sign up to OVO Drive' to get an accurate quote for your home.
3. EV charging saving based on an average mileage of 8000 miles, at an average of 4mi/kWh, and comparing the resulting 2000kWh of energy cost between OVO Drive and the Ofgem price cap for single rate tariffs as of 27/05/21. Average miles/kWh will vary depending on driving style and vehicle. Home electricity saving based on the UK Average home consumption of 3731kWh, also compared with the Ofgem price cap for single rate tariffs as of 27/05/21.
4. 100% of the renewable electricity we sell is backed by renewable certificates (Renewable Energy Guarantee of Origin certificates (REGOs)). See here for details on Renewable Energy Guarantee of Origin certificates and how these work. A proportion of the electricity we sell is also purchased directly from renewable generators in the UK.
   Each year, OVO plants 1 tree for every member in partnership with the Woodland Trust. Trees absorb carbon dioxide from the atmosphere, so tree-planting helps to slow down climate change.
5. Interest Rewards are paid on credit balances of customers paying by monthly Direct Debit. It is calculated at 3% in your first year, 4% in your second year and 5% in your third year (and every year thereafter) if you pay by Direct Debit. Interest Rewards are paid monthly based on the number of days you’re in credit and the amount left in your account after you’ve paid your bill. Interest Rewards are only paid on balances up to £1,000 any amounts over this will not qualify. Full terms apply.
6. By switching to OVO Energy you could reduce your carbon footprint by up to 1 tonne of carbon per year. This is based on the carbon emissions caused in the production and consumption of the 100% renewable electricity OVO provides as standard, compared to the emissions caused by the production and consumption of UK grid average electricity. Average UK household energy consumption figures were sourced from BEIS (2019). The carbon emissions factors were calculated by the Carbon Trust.
7. The offer is for ‘5,000 Free Green Miles’, for customers who sign up to the OVO Drive energy plan. This will be delivered via a £15 credit being applied to your OVO Energy account each month for the first 12 months of your contract, up to a maximum total credit of £180. £180 credit equates to 5,000 free miles of electric driving for customers charging on the OVO Drive plan. The £180 (£15 per month for 12 months) is a fixed amount and will not be adjusted over the course of the offer period. A 2020 MINI Electric has an efficiency of 4.0 miles/kWh as per WLTP testing. Find out more about WLTP here(opens in new window). 5,000 miles equates to 1250kWh of energy. £180 can purchase 1250kWh of energy using an assumed electricity unit rate of 15.8p/kWh, the average of regional prices on the OVO Drive Plan, as of 03/06/2021. MINI Free Green Miles Terms and Conditions

OVO Drive Terms and Conditions