OVO Drive

Important to know

1. Regional rates may vary. Click 'Sign up to OVO Drive' to get an accurate quote for your home.
2. EV Saving based on driving the UK Average of 8000 miles, at an average of 4mi/kWh, and comparing the resulting 2000kWh of energy cost between OVO Drive and the average UK flat rate tariff available on 24/05/21. Average miles/kWh will vary depending on driving style and vehicle. Home saving based on UK Average home consumption of 3731kWh, and compared between OVO Drive and the average UK flat rate tariff available on 24/05/21.
3. 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.
4. 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.
5. 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.
6. An independent study has shown that installing and correctly using a tadoº Smart Thermostat can reduce your energy use from heating by up to 31%. The study found that the tadoº device can reduce heating energy requirements by 14-26% through controlling the heat source (e.g. boiler or heat pump). You could also save another 7% by turning down the heating based on the weather forecast, depending on the window sizes. If the window surfaces are relatively large, the energy saving will increase.
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