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What happens if I use less energy than the Direct Debit amount I’ve chosen?

If you use less energy than your monthly payment amount, you’ll build up credit on your account.

This’ll help to pay for your future energy costs when you use more over the winter – and you’ll also get our 3% OVO Interest Reward* on any credit you’ve got.

*3% interest – 3% per annum earned on the amount left in your account after you've paid your bill, which is calculated based on number of days in credit and paid monthly. 

3% OVO Interest Reward is available only to customers paying in advance by Direct Debit, and is payable on balances up to the maximum credit balance for the Interest Reward specified in our Energy Charges list (currently £1,000). Terms and conditions apply.

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