Why choose OVO?
New members can join us on our lowest rate with our Better Smart plan – and get a smart meter to help cut energy waste.
All our plans come with 50% renewable electricity as standard.1
That’s right. Stay in credit and we'll pay you 3% OVO Interest Reward on the balance (rising to 5% in year 3).2
You could save up to £2423 on your energy bills with us (not to mention our OVO Interest Reward).4
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Choose the plan for you
Better Smart Energy Plan
Our lowest-rate plan for new members, fixed for a year – giving you peace of mind knowing your prices won’t go up, even if energy prices do.
Better Energy Plan
With a 12 month fixed rate contract, you can sleep securely (and warmly) at night, knowing that should energy prices go up, your prices will stay the same.
2 Year Fixed Energy Plan
Our most popular fixed rate plan allows you to lock in your rates for two full years, protecting you from unexpected price hikes.
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Frequently Asked Questions
OVO Interest Reward is when we pay you interest on your credit balances. We grow it from 3% in the first year, to 4% in the second, and 5% for the third year and every year after. It's just our way of saying ‘thanks for staying with us’. Find out more.
Fixed rate energy plans guarantee that, throughout your contract, the unit cost of your energy won’t rise – even if prices in the energy market do. Find out more.
A dual fuel plan is one where you get both your gas and electricity from the same supplier, on the same contract. Find out more.
A single fuel plan is one where you get either gas or electricity on your contract, not both. Single fuel customers usually use different suppliers for different fuels.
Economy 7 is a plan offering you 7 hours of cheaper electricity during the night. Economy 10 offers (you guessed it) 10 hours of cheaper nighttime electricity.
Pay As You Go (PAYG) means that you pay for your energy, um, as you go. We don’t offer PAYG energy anymore, but our sister brand Boost does. Find out more here.
Yes, to stay on our Better Smart plan you just need to book an appointment to get your smart meter installed (for free!) within 3 months of your plan start date.
Our priority is the safety of you and our teams. All our engineers are specially trained to follow safety measures – they’ll call ahead before the visit and wear PPE. Read more about the precautions we’re taking here.
Terms & Conditions
1If you’re signed up to our Green Energy add-on, we purchase renewable certificates for 100% of your electricity use from green sources such as wind, solar, geothermal and hydro. Please click here for more information.
2Interest 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. Full terms apply.
3Saving based on the estimated annual cost of OVO Better Smart Energy tariff for a non-economy-7, dual-fuel, medium user (2900 kWhs elec. and 12000 kWhs gas) paying monthly in advance by Direct Debit. Comparisons made against the Ofgem published tariff cap for a customer on a standard variable or default tariff that came into effect on 01/04/2020, applied to the same medium user consumption values. Savings are an estimate only and your actual costs will vary according to your region and usage. All rates correct as of 18/09/2020.
4 Savings based on the average estimated annual cost for new OVO customers compared to their current supplier & tariff.