Monthly bills and statements: energy charges explained
Find out how your smart meter settings affect your bill cycle, where to find details of your latest bill, charges and account balance, and much more – right here.
Charges and billing if your smart meter sends half-hourly, hourly or daily readings
If your smart meter’s set up to send half-hourly, hourly or daily readings, we work out your energy use charges daily. We’ll send your bills (previously called statements) monthly by post or email. And if you pay by Direct Debit, we’ll collect your payment once a month.
Bear in mind that the default setting for your smart meter is for daily readings. Although you might have previously selected half-hourly or daily readings when you booked a smart meter installation.
Charges and billing if your smart meter sends monthly readings
If your smart meter’s set up to send monthly readings, we work out your energy use charges each month. We’ll send your bills (previously called statements) monthly by post or email. And if you pay by Direct Debit, we’ll collect your payment once a month.
If you’d like to change your smart meter settings from monthly to daily readings, get in touch with our friendly team via the online chat and they’ll be able to help.
Charges and billing if you have a traditional meter
If you have a traditional meter, we work out your charges based on the readings you send us. If we haven’t received your reading(s), we’ll estimate your energy use – so it’s a good idea to send us your readings each month, to keep your bills accurate.
Have you downloaded the OVO Energy app yet? Not only can you see all your bills and statements, but it also gives you even more information about your energy use. Get it for free in the App Store and Google Play.
How, when and where to check your charges, and see your account balance
You can check your latest energy use charges and account balance by scrolling down the Home screen of your online account. Here you’ll see details of your balance, your Direct Debit payments, energy use, meter readings, billing periods, and how to make a top-up payment.
Find out more about Direct Debit check-ins, and learn how to change your Direct Debit amount
Your monthly bill covers everything from a detailed list of your charges, to your starting and closing balance, details of your tariff, standing charges, unit rate, and contract start and end date.
We do our best to make your gas and electricity bills as easy to understand as possible. To learn more about the different areas of your bill, we’ve put together a handy guide to your gas and electricity bill, which takes you through the main points, step by step.
Tired of fighting your way through a dusty cupboard to read your meter? With a smart meter, problem solved! Oh, and by the way, they’re also helping to build a more sustainable energy system. Which will mean more electric cars on the road, more renewable energy in homes – and lower carbon emissions for the planet. (Pretty smart).
If you’re an OVO member without a smart meter, book an appointment to get your free smart meter fitted. You’ll start reaping the benefits as soon as the meter is installed. It will send readings automatically from the get-go, and you’ll get real-time feedback via the In-Home Display that’s offered free with your smart meter.
Plus, you'll be able to see your readings, spending and much more in your online account! Find out more about how to get a smart meter, with our handy guide.
Not yet with OVO?
Our new Better Smart energy plan is our lowest-rate plan that’s powered by a smart meter. Join us and see if you can save money on your energy bills, and reduce your carbon footprint, too.
We understand that figuring out your monthly bills and statements can be tricky – so if you need a hand, don’t hesitate to get in touch. There’s more help available in our guide to understanding your gas and electricity bill. And if you don't find the answers you need, feel free to ask a question, and one of our forum members will be happy to help!