OVO Simpler is our variable rate plan. That means your unit prices and standing charges could go up or down, depending on the energy wholesale market. The advantage is that you’re not in a 12-month contract, just a rolling monthly one. Simple as that.
Stay in credit and we'll pay you 3% OVO Interest Reward (rising to 5% in year 3) on the balance**
Charges may go up or down depending on the market, but we’ll always keep them as low as possible
No exit fees
We hope you stay, but if you decide to leave we won't charge you
*Saving based on the estimated annual cost of OVO Simpler Energy standard variable 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 01/10/2020, 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 16/10/2020.
**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. Full terms apply: Terms and conditions apply.
uSwitch's Energy Supplier of the Year 2017: OVO energy was voted and awarded 'Energy Supplier of the year' and best for: Overall Customer Satisfaction, Most Likely to be Recommended, Value for Money, Best Deal for You, Customer Service, Billing Services, Energy Efficiency, Meter Services, Online Services, Green Services and Transfer Process. OVO Energy scored a 96% customer satisfaction score.
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