Ovo Energy Rates | Ovo Electricity Plans & Rates by State
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Ovo Energy is a relatively newer and smaller energy provider in Australia, originally servicing electricity and gas in the United Kingdom. As an integrated energy company, Ovo Energy generates and sells electricity to customers in New South Wales, Victoria, Queensland, and South Australia. But how do Ovo Energy’s electricity rates compare to other providers in the country? And what can you expect to pay if you decide to switch to Origin? To find out, continue reading below.
Ovo Energy Rates
Now that you have learned a bit about all the Ovo Energy electricity plans, you can compare the prices and find the plan that best meets your energy needs. Below, we have listed all the plans available in each state, which highlight that Ovo Energy offers some of the cheapest electricity rates in every state.
Ovo Energy Electricity Rates by State
$1,410
/ year
The One Plan
- -23% off the reference price
- Daily Supply charge: 93.50c / day
- Usage Rates: 34.32c / kWh
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$1,490
/ year
The Standing Offer Plan
- -18% off the reference price
- Daily Supply charge: 99.00c / day
- Usage Rates: 36.30c / kWh
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$930
/ year
The Free 3 Plan
- -48% off the reference price
- Daily Supply charge: 104.39c / day
- Usage Rates: 24.11c / kWh
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$1,130
/ year
The One Plan
- -28% off the reference price
- Daily Supply charge: 104.39c / day
- Usage Rates: 22.55c / kWh
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$1,130
/ year
The Basic Free 3 Plan
- -28% off the reference price
- Daily Supply charge: 109.61c / day
- Usage Rates: 25.32c / kWh
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$1,180
/ year
The Basic Plan
- -25% off the reference price
- Daily Supply charge: 109.61c / day
- Usage Rates: 23.68c / kWh
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$1,290
/ year
The Standing Offer Plan
- -18% off the reference price
- Daily Supply charge: 115.25c / day
- Usage Rates: 28.71c / kWh
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$1,460
/ year
The One Plan
- -26% off the reference price
- Daily Supply charge: 106.70c / day
- Usage Rates: 31.41 / kWh
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$1,530
/ year
The Standing Offer Plan
- -22% off the reference price
- Daily Supply charge: 116.60c / day
- Usage Rates: 33.00c / kWh
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$1,550
/ year
The Basic Plan
- -21% off the reference price
- Daily Supply charge: 112.03c / day
- Usage Rates: 32.98c / kWh
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$1,580
/ year
The Free 3 Plan
- -20% off the reference price
- Daily Supply charge: 106.70c / day
- Usage Rates: 35.00c / kWh
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$1,620
/ year
The EV Plan
- -18% off the reference price
- Daily Supply charge: 106.70c / day
- Usage Rates: 36.12c / kWh
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$1,660
/ year
The Basic Free 3 Plan
- -16% off the reference price
- Daily Supply charge: 112.03c / day
- Usage Rates: 36.75c / kWh
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$1,700
/ year
The Basic EV Plan
- -14% off the reference price
- Daily Supply charge: 112.03c / day
- Usage Rates: 37.92c / kWh
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$1,670
/ year
The One Plan
- -27% off the reference price
- Daily Supply charge: 119.90c / day
- Usage Rates: 42.35c / kWh
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$1,760
/ year
The Standing Offer Plan
- -23% off the reference price
- Daily Supply charge: 126.50c / day
- Usage Rates: 44.55 / kWh
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$1,760
/ year
The Basic Plan
- -23% off the reference price
- Daily Supply charge: 125.90c / day
- Usage Rates: 44.47c / kWh
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$1,800
/ year
The Free 3 Plan
- -21% off the reference price
- Daily Supply charge: 119.9c0 / day
- Usage Rates: 45.59c / kWh
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$1,890
/ year
The Basic Free 3 Plan
- -17% off the reference price
- Daily Supply charge: 125.90c / day
- Usage Rates: 48.91c / kWh
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$1,920
/ year
The EV Plan
- -16% off the reference price
- Daily Supply charge: 119.90c / day
- Usage Rates: 50.82c / kWh
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$2,020
/ year
The Basic EV Plan
- -11% off the reference price
- Daily Supply charge: 125.90c / day
- Usage Rates: 53.36c / kWh
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Ovo Energy Gas & Electricity Plans
Ovo Energy has five electricity plans available for residential customers in Australia. Customers like Ovo energy for their affordable electricity plans that give you the option of flexible billing, payment, and communication, as well as no exit fees, and no lock-in contracts. Below, we list all the Ovo plans, so that you can easily compare all options available to you.
- New South Wales: The One Plan & The Standing Offer Plan
- Victoria: The One Plan, The Basic Plan, The Free 3 Plan, The Basic Free 3 Plan & The Standing Offer Plan
- Queensland: The One Plan, The Basic Plan, The Free 3 Plan, The Basic Free 3 Plan, The EV Plan, The Basic EV Plan & The Standing Offer Plan
- South Australia: The One Plan, The Basic Plan, The Free 3 Plan, The Basic Free 3 Plan, The EV Plan, The Basic EV Plan & The Standing Offer Plan
Ovo Energy offers its customers three different basic plans, but the only real difference between them is how you pay your bills.
All Ovo Energy plans come with no lock-in contracts or exit fees and have no conditional discounts. Customers can also choose whether they want to sign up for a single rate tariff or a time of use tariff. If you don´t know which one is best for you, we recommend you read our guide on peak & off-peak electricity times. You must know how to read your energy bill before applying to any of these plans because the main difference between them is how are you going to pay for your electricity & gas.
Below, you can find a summary of Ovo Energy plans available and the difference between them:
Ovo Energy Electricity Plans
Ovo Energy has five electricity plans available for residential customers in Australia. Customers like Ovo energy for their affordable electricity plans that give you the option of flexible billing, payment, and communication, as well as no exit fees, and no lock-in contracts. Below, we list all the Ovo plans, so that you can easily compare all options available to you.
Compare your options below & see which plan best fits your needs:
The One Plan
The One Plan offers 100% carbon-neutral energy and includes 10% Green Power, with options to increase. The One Plan offers no transaction or exit fees and comes with bill smoothing, which means fixed electricity prices every month.
The Basic Plan
The Basic Plan is a flexible, variable rate energy plan with no lock-in contract nor exit fees. The Ovo Basic Plan is available in Queensland and South Australia. You can choose from flexible billing and payment options with the Ovo Basic Plan.
The Free 3 Plan
With the Free 3 Plan, you benefit from free electricity between 11am and 2pm every day - getting 3 free hours of electricity. You have flexible billing and payment methods, and if you stay in credit, Ovo will pay you 3% interest on your balance.
The Solar Plan
The Solar Plan comes with variable rates, and offers monthly billing with a fixed direct debit. The Solar Plan offers the highest solar FiT of 14c/kWh in QLD, NSW, VIS & SA. Monitor solar usage via MyOVO and contribute to a more sustainable future.
The EV Plan
Great for customers with an electric vehicle, offering rates of $0.08/kWh between 00:00 and 06:00. Customers can save an average of $421 on their annual electricity bill with no bill shock.
The Standing Offer Plan
Ovo Energy also offers a standing offer electricity plan with fixed rates for a whole year. This plan offers reference price rates with no additional benefits and no exit fees.
The Business Plan
Ovo Energy offers energy plans for small to medium sized businesses. Businesses must have core operating hours between 8am and 6pm and have a smart meter to get 3% interest reward on their balance.
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Ovo Electricity FAQ
Does Ovo Energy Offer a Discount for New Customers?
Yes, Ovo Energy is now offering customers a $100 welcome credit that will be in your account, paid over 12 months. Also, customers who have The EV Plan, for each friend that they refer, both will receive an additional $100 credit paid over 12 months.
What is the Best Ovo Electricity plan?
Ovo Energy The One Plan is the best electricity plan that Ovo Energy offers for their customers. The One Plan is the cheapest Ovo Energy plan that is offered in every state, and offers significant discounts off the reference price. This plan allows customers to add 100% carbon-neutral energy and includes 10% Green Power, in addition to fixed energy prices every month.
Does Ovo Energy Offer Solar Plans?
Yes, Ovo Energy offers solar panels and solar plans as well. If you're interested in getting a quote, or learning more about investing in solar energy for your residence, you can contact Ovo Energy at 1300 937 686.
Ovo Energy has partnered with Gl Energy, who handle their solar installations. Once you get in touch with Ovo about solar panels, they will have GI Energy reach out to you to discuss your solar system at a time of your preference.
How Do I Change My Ovo Electricity Plan?
If you are a new or an exsiting customer, you can easily change your Ovo Electricy plan. All you have to do is get in touch with the Ovo Energy customer service team using web chat in MyOVO, or by calling them at 1300 937 686 and they will walk you through the simple process of signing up for an Ovo Energy plan, or upgrading to a different one.
Ovo Energy Solar Feed-In-Tariff Rates
If you have residential solar energy on your property, you might be interested to know Ovo Energy’s solar feed-in-tariff rates. Ovo Energy offers solar feed-in-tariff options for its customers, which vary depending on the state you live in and depend on what electricity plan you choose.
Regular Solar Feed-In-Tariff: Ovo Energy’s minimum solar FiT, is available on every electricity plan they offer. If you have a smaller solar energy system (under 5kW), or use most of your energy during the day, you’ll probably be better off choosing one of Origin Energy’s electricity plans, and opting for the lower solar feed-in-tariff.
Solar Boost Feed-In-Tariff: If you have a larger solar PV system (over 5kW) and don’t use most of your energy during the day, thus exporting more to the grid, you might be better off choosing The Solar Plan. With The Solar Plan, you don’t get additional discounts, but you do get a higher solar FiT for the energy you generate.
| State | Regular Solar Feed-In-Tariff | The Solar Plan Feed-In-Tariff |
| New South Wales | 7c / kWh | 14c / kWh |
| ACT | 7c / kWh | 14c / kWh |
| Victoria | 7c / kWh | 14c / kWh |
| Queensland | 7c / kWh | 14c / kWh |
| South Australia | 7c / kWh | 14c / kWh |
Ovo Energy Solar Panel & Battery Installation
If you are thinking of installing solar panels and a battery at your home, then think about doing so with Ovo Energy. By installing solar panels on your rooftop, you can generate your own energy and even sell excess power back to the grid. Plus, you may be eligible for government rebates, making the installation more affordable.
Adding a battery to your solar system offers even more benefits. You'll be able to store excess energy generated during the day and use it at night, providing you with greater energy independence. Not only does this reduce your carbon footprint, but it also gives you more control over keeping the lights on and using cleaner energy.
GI Energy, Ovo Energy's accredited installation partner, offers interest-free payment plans to make the process more accessible. Plus, installing solar panels and a battery can increase the value of your home, making it a smart investment for the future. If you would like to learn more or get a quote for solar panels, you can simply leave your details on the Ovo solar panel installation page, and GI Energy will be in touch to discuss your options. You can harness the power of solar energy with Ovo and make a positive impact on the environment while saving on your energy bills.
Ovo Energy Green Power
With Ovo Green Power, it's easier than ever to support renewable energy development in Australia. For every kilowatt-hour (kWh) of electricity you use, 1 kWh of certified renewable energy enters the grid, helping accredited renewable generators compete with fossil fuel counterparts. By purchasing GreenPower, you're directly contributing to the purchase of Renewable Energy Certificates, with the bulk of the premium you pay going back to accredited generators.
The best part about the Ovo Green Power add-on is that you will be displacing your electricity usage with certified renewable energy that has no net greenhouse gas emissions, helping to reduce your carbon footprint. Ovo Energy is committed to sustainability, and their GreenPower program is government-accredited and independently audited each year to ensure it is maintining it's effectiveness. Ovo Energy's 100% GreenPower add-on option is priced at just $0.0495/kWh, so you can go green for less than 5 cents per kWh.
Ovo has made it very easy for customers to upgrade to 100% renewable electricity at any time. Whether you're passionate about protecting the planet or simply want to support renewable energy, Ovo Green Power is the perfect choice.
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How to Sign Up for Ovo Energy Australia?
Signing up for Ovo Energy takes less than five minutes and you should be connected and ready to go within a few short weeks.
To sign up for Ovo Energy:
- Find your home address and provide your personal details to Ovo including your Australian Drivers License for a credit check
- Provide your payment details, which Ovo will confirm in about a week
- Once your payment details are confirmed, Ovo will send out someone from your energy distributor to take your first meter reading
- Following your meter reading, you’ll begin to have your energy supplied by Ovo Energy
How to Cancel Your Ovo Electricity Account
There are no exit fees with Ovo Energy, so you can leave whenever you like without penalty. If you want to cancel your Ovo Energy account , you have two options:
Moving Out and Closing an Ovo Account:
If you’re moving house and will be switching providers at your new property, simply send Ovo Energy customer support a message letting them know you are moving. You can contact Ovo Energy customer service through their chat feature or by email.
Transferring to a New Energy Company:
If you’re staying at your current property but wish to switch energy providers, simply contact your new energy provider and they’ll arrange everything for you, including the Ovo cancellation. Once the transfer is complete to your new energy provider, your OVO Energy account will be closed.
Ovo requires a minimum of four business days to arrange for your account to be closed and disconnected when cancelling an account.
In Credit with Ovo Energy?If you’re closing your Ovo account and it’s still in credit, you can request a refund of the amount left in your account. While your account can be refunded within 5 days of requesting, Ovo Energy recommends waiting until you get your final bill to ensure your account is up to date. To request a refund, send the company a message.
Compare Ovo Electricity Rates & Plans
In searching for the best electricity plan, it is important to compare Ovo electricity rates to those from other top energy retailers. Ovo Energy offers the best Below we have compared the rates, per state, for Ovo Energy and a few of Selectra’s top choices for energy retailers.
Compare Ovo Energy Electricity Rates in New South Wales
Rank | Energy Provider + Plan | Estimated Yearly Price | Additional Information |
|---|---|---|---|
| $1,220 / year | Benefits: Solar Feed-In & Smart Meter Compatible Daily Supply Charge: 66.00c/day | ||
| AGL Value Saver | $1,290 / year | Benefits: Solar Feed-In & GreenPower Daily Supply Charge: 79.20c/day | |
| Origin Go Variable | $1,340 / year | Benefits: Solar Feed-In, GreenPower & Smart Meter Compatible Daily Supply Charge: 86.06c/day | |
| Ovo Energy The One Plan | $1,410 / year | Benefits: GreenPower Daily Supply Charge: 93.50c/day | |
| EnergyAustralia Flexi Plan | $1,520 / year | Benefits: Solar Feed-In & GreenPower Daily Supply Charge: 95.70c/day |
*Figures are for illustrative purposes only and don't compare all products, providers, plan features, offers, or rates. Products are compared like-for-like and any distinctions between products are clearly marked. Not all offers may be available in all locations or distribution networks. Rates based on electricity distributor for Sydney (2000) with a low usage of 3,103kWh. Calculations are based on the reference price for this area. Any offers or estimated costs compared are for example purposes only and may change based on your individual circumstances or habits. Selectra advises you to do your own research at energymadeeasy.com before determining if you should sign up for a new energy plan. Offers and availability are subject to change. Read more about Basic Plan Information here. Last Updated January 2024.
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Compare Ovo Energy Electricity Rates in Victoria
Rank | Energy Provider + Plan | Estimated Yearly Price | Additional Information |
|---|---|---|---|
| Ovo Energy The Free 3 Plan | $930 / year | Benefits: Ongoing Contract & Interest Rewards Daily Supply Charge: 104.39/day | |
 SUMO Switch | $950 / year | Benefits: No Lock-In Contract Daily Supply Charge: 66.00c/day | |
| Origin Go Variable | $1,010 / year | Benefits: No Lock-In Contract Daily Supply Charge: 89.89c/day | |
| AGL Residential Value Saver | $1,020 / year | Benefits: Solar Feed-In, Variable Rate Plan & GreenPower Daily Supply Charge: 91.05c/day | |
| EnergyAustralia Balance Plan | $1,020 / year | Benefits: Carbon Neutral, 1 Year Benefit Plan & $50 Onlne Sign Up Credit Daily Supply Charge: 115.25c/day |
*Figures are for illustrative purposes only and don't compare all products, providers, plan features, offers, or rates. Products are compared like-for-like and any distinctions between products are clearly marked. Not all offers may be available in all locations or distribution networks. Rates based on electricity distributor for Melbourne (3000) with an average use of 4,000kWh/year. Calculations are based on the reference price for this area. Any offers or estimated costs compared are for example purposes only and may change based on your individual circumstances or habits. Selectra advises you to do your own research at energymadeeasy.com before determining if you should sign up for a new energy plan. Offers and availability are subject to change. Read more about Basic Plan Information here. Last Updated January 2024.
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Compare Ovo Energy Electricity Rates in Queensland
Rank | Energy Provider + Plan | Estimated Yearly Price | Additional Information |
|---|---|---|---|
| $1,270 / year | Benefits: Solar Feed-In & Smart Meter Compatible Daily Supply Charge: 92.84c/day | ||
| AGL Residential Value Saver | $1,420 / year | Benefits: Solar Feed-In, GreenPower & Smart Meter Compatible Daily Supply Charge: 120.02c/day | |
| Origin Go Variable | $1,420 / year | Benefits: Solar Feed-In, GreenPower & Smart Meter Compatible Daily Supply Charge: 120.59c/day | |
| Ovo Energy The One Plan | $1,460 / year | Benefits: Solar Feed-In, GreenPower & Smart Meter Compatible Daily Supply Charge: 106.70c/day | |
| EnergyAustralia Basic Home | $1,560 / year | Benefits: Solar Feed-In, GreenPower & Smart Meter Compatible Daily Supply Charge: 115.50c/day |
*Figures are for illustrative purposes only and don't compare all products, providers, plan features, offers, or rates. Products are compared like-for-like and any distinctions between products are clearly marked. Not all offers may be available in all locations or distribution networks. Rates based on electricity distributor for Brisbane (4000) with low usage of 3,395kwh/year. Calculations are based on the reference price for this area. Any offers or estimated costs compared are for example purposes only and may change based on your individual circumstances or habits. Selectra advises you to do your own research at energymadeeasy.com before determining if you should sign up for a new energy plan. Offers and availability are subject to change. Read more about Basic Plan Information here. Last Updated January 2024.
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Compare Ovo Energy Electricity Rates in South Australia
Rank | Energy Provider + Plan | Estimated Yearly Price | Additional Information |
|---|---|---|---|
| Origin Value | $1,640 / year | Benefits: Solar Feed-In Daily Supply Charge: 101.06c/day | |
| AGL Residential Value Saver | $1,640 / year | Benefits: Solar Feed-In Daily Supply Charge: 102.26c/day | |
| Ovo Energy The One Plan | $1,670 / year | Benefits: Solar Feed-In, GreenPower & Smart Meter Compatible Daily Supply Charge: 119.90c/day | |
| $1,740 / year | Benefits: Solar Feed-In Daily Supply Charge: 106.70c/day | ||
| EnergyAustralia Flexi Plan | $1,760 / year | Benefits: Solar Feed-In Daily Supply Charge: 104.50c/day |
*Figures are for illustrative purposes only and don't compare all products, providers, plan features, offers, or rates. Products are compared like-for-like and any distinctions between products are clearly marked. Not all offers may be available in all locations or distribution networks. Rates based on electricity distributor for Adelaide (5000) with low usage of 2,920kWh. Calculations are based on the reference price for this area. Any offers or estimated costs compared are for example purposes only and may change based on your individual circumstances or habits. Selectra advises you to do your own research at energymadeeasy.com before determining if you should sign up for a new energy plan. Offers and availability are subject to change. Read more about Basic Plan Information here. Last Updated January 2024.
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