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Payments and Statements

Understanding payments and statements is really important if you want to keep on top of what you’re using and shrink those energy bills! Here you’ll find answers to all your statement and payment questions, including how to understand your bill, info about what you're being charged and why, plus lots of details about the choices you can make to manage your payments. 

Statement or energy bill? 

Here at OVO, we call energy bills ’statements’. This is because lots of our customers pay for their power in advance by monthly Direct Debit. 

Understanding statements

Energy bills can seem complicated, so we’ve worked hard to make ours a bit more people-friendly – you’ll find a guide to reading your energy bill in our guides section. There are also answers to explain energy industry jargon we’re legally required to use. That’s things like the Tariff Information Label, Tariff Comparison Rate and Personal Projection.

Making payments

There’s a payment method to suit every customer – Direct Debit,  in arrears, and Pay As You Go. In this section we focus mostly on customers who pay by Direct Debit – there’s info on changing the way you can pay, how to manage your payments, and how Direct Debit amounts are worked out. 

Payment problems

Life isn’t always predictable, and we understand that people sometimes have problems paying bills – find advice on what to do if you can’t pay your energy bill here. There’s also some handy info about what to do if you think your energy bill is incorrect.  

Energy bills in the winter

We tend to use more energy in the wintertime, when it’s colder and the nights draw in. There’s info here about how we structure your payments so you don’t end up in energy debt when it gets chilly and answers about the Government’s Warm Home Discount.  If you’re after energy efficiency tips, you might be better off in the How to save money section.

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What is the OVO Energy Fund?
The OVO Energy Fund is a fund to help people who’ve fallen behind with their energy payments to OVO, fallen into debt and who want to become more financially stable in future.
What’s a personal projection?
A personal projection is an estimate of how much we think you’ll spend on your energy over the next 12 months.
What's the OVO Interest Reward?
OVO Interest Reward is when we pay you interest on your credit balances.
How does my energy use relate to my Direct Debit and bill?
Your Direct Debit will generally stay the same each month, but your bills will go up or down depending on how much energy you use.
How do I read my OVO energy bill?
How do I read my OVO energy bill?
There’s a lot of info on your energy bill, which can be pretty confusing. That’s why we’ve put together this jargon-busting guide to reveal what it all means.
What do I do if I can't pay my bill?
Please, call us. We’d much rather you talked to us about it and we'll do everything we can to help you work things out.
What if I think my bill is wrong?
If there's a problem with your bill please email us at hello@ovoenergy.com or give us a call on 0800 5999 440 as soon as you can.
Is the Government Electricity Rebate still available?
The Government Electricity Rebate was a 2-year scheme that ran during 2014 and 2015.
What's a Tariff Comparison Rate?
What's a Tariff Comparison Rate?
Tariff Comparison Rate (TCRs) helps you compare OVO prices against other suppliers’ offers.
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