OVO Energy
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Based in Bristol, OVO Energy is an independent energy supplier that provides electricity and gas to customers in England, Scotland and Wales. They are the UK’s second-largest energy provider, and are named as one of the ‘big six’ due to their acquisition of SSE’s retail arm.
The company is constantly investing in new, smart technology in order to provide the best possible service to its customers. For instance, they look to provide electric storage headers, while creating electric vehicle chargers that will charge your vehicle during off-peak times – thus, saving you money.
They look to provide dual-fuel and green tariffs to commercial and domestic customers. Their commitment to renewable energy is such that solar, wind, geothermal and hydro-electric means are all sources utilised.
OVO has a separate provider, named Boost Energy, which deals with prepayment meters. They are signed up to the government’s Warm Home Discount Scheme, which gives eligible people a one-hundred and forty pound discount on their electricity bill between October and April. A customer automatically qualifies if their company is a part of the scheme – they also receive the Guarantee Credit aspect of Pension Credit. For more info on this scheme, be sure to visit www.gov.uk/the-warm-home-discount-scheme/.
OVO Energy: Over the years
The company launched in 2009 and stated their goal was to ‘make energy cheaper, greener and simpler.’ Since then, they’ve acquired over a million customers across Britain.
In November 2018, OVO acquired one of its greatest and largest competitors, Spark Energy, and just a few months later, Mitsubishi Corporation bought a 20% stake – taking OVO’s overall value to over one billion pounds.
Since acquiring the SSE arm in 2020 and becoming one of the ‘big six’ energy suppliers, their goals have grown even further. They’re looking to become a net-zero carbon business, and are hoping to achieve their science-based carbon reduction targets by 2030.
OVO Energy: Contact us
You can enter their website and learn more by heading to https://www.ovoenergy.com. If you wish to contact them via email, then be sure to hit them up at hello@ovoenergy.com. They are active on social media – you can find them on Twitter, Facebook and Instagram.
OVO’s offices are open between 8am and 6pm from Monday to Friday – their telephone number is 0330 303 5063.
If you wish to write or post to OVO energy, their address is:
1 Rivergate
Temple Quay, Bristol
BS1 6ED
Fuel Sources
Energy Source / OVO / National Average
Coal / 0% / 5%
Natural Gas / 61% / 41%
Nuclear / 0% / 19%
Renewables / 39% / 33%
Other fuels / 0% / 2%
(Data for April 2018 to March 2019 taken directly from OVO’s website.)
How Do They Impact The Environment?
CO2 g/Kwh / 212 / 208
Radioactive g/Kwh / TBC / TBC
What Tariffs Do They Offer?
They offer three tariffs, including both fixed-rate and variable options:
Better Energy:
A twelve-month, fixed-rate contract with 50% renewable energy as standard. If you wish to leave, then you’ll pay thirty pounds per fuel. If you wish, you can opt to upgrade to 100% renewable electricity for five pounds a month.
Two-Year Fixed Energy:
Twenty-four months at a fixed rate with 50% renewable energy as standard. This tariff also includes a thirty-pound exit fee per fuel. The option to upgrade to 100% renewable electricity is also available here.
Simpler Energy:
No contract, a variable rate, and no exit fee. Like the previous two, you’re given the opportunity to upgrade to 100% renewable electricity for five pounds per month. 50% renewable energy comes as standard.
You can find more detailed information at www.ovoenergy.com.
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