How Much Does OVO Energy Cost in the UK?
OVO Energy charges the average UK household around £115 per month for gas and electricity. OVO is the UK's second-largest energy supplier after British Gas, serving approximately 5 million customers following its acquisition of SSE Energy Services. Standard variable tariff prices are subject to Ofgem's quarterly price cap.
| Tariff Type | Typical Monthly Cost | Contract Length | Key Feature |
|---|---|---|---|
| Simpler Energy | £115 | Rolling monthly | Price cap protected |
| 2 Year Fixed | £110–£125 | 24 months | Long-term price certainty |
| 1 Year Fixed | £112–£120 | 12 months | Medium-term price certainty |
| OVO Beyond | £115 + £5/mo add-on | 12 months | Carbon offsetting and tree planting |
OVO supplies 100% renewable electricity as standard across all tariffs, backed by REGO certificates. According to Ofgem, the quarterly price cap sets the typical dual fuel bill at approximately £1,568 per year. OVO's OVO Beyond add-on (£5/month) offsets remaining gas carbon and plants trees through its partnership with the Woodland Trust.
For a full comparison of UK energy suppliers, see our guide to UK Utilities subscriptions.
Does OVO Energy Auto-Renew?
Yes, OVO Energy bills renew automatically each month via direct debit. Your monthly payment is calculated based on estimated annual consumption, divided equally across 12 months. OVO reviews your direct debit at least once a year and adjusts it to match your actual usage.
OVO contacts you at least 49 days before a fixed-rate deal expires, offering renewal options. If you take no action, you are moved to the Simpler Energy standard variable tariff. OVO sends renewal reminders via email and through the OVO app.
OVO's Greenlight feature in the app shows you real-time energy usage data if you have a smart meter, helping you make informed decisions about consumption.
How to Cancel OVO Energy
Switching from OVO Energy is managed by your new supplier. You do not need to contact OVO directly — the process is handled automatically under Ofgem's switching guarantee.
Step-by-step process
- Compare energy deals on Uswitch, MoneySupermarket, or supplier websites
- Sign up with your chosen new supplier
- The new supplier contacts OVO and manages the transfer
- The switch completes within 5 working days
- OVO sends a final bill and refunds any credit balance
- No exit fees on the Simpler Energy variable tariff
Fixed-rate tariff customers should check for early exit fees before switching. OVO typically charges up to £30 per fuel for early termination. Exit fees are waived during the final 49 days of any fixed deal.
For alternative suppliers, see our guides to Octopus Energy and Shell Energy.
Is OVO Energy Worth It in 2026?
OVO Energy has grown into the UK's second-largest supplier and offers solid value with competitive fixed deals. Its green credentials and user-friendly app set it apart from some legacy suppliers.
| Pros | Cons |
|---|---|
| 100% renewable electricity as standard | OVO Beyond carbon offsetting costs an extra £5/mo |
| User-friendly app with real-time usage data | Customer service can be slow during peak periods |
| Competitive fixed-rate deals | Exit fees on fixed tariffs (up to £60) |
| Interest paid on credit balances (up to 5%) | Standard variable tariff at price cap maximum |
| OVO Greenlight smart meter insights | No specialist EV or heat pump tariffs |
OVO's standout feature is paying interest on credit balances — up to 5% on any positive balance in your account. This is unique among major UK energy suppliers. For the best customer service, compare with Octopus Energy. For competitive fixed deals, also check E.ON Next.
Track Your OVO Energy Subscription with Prunely
Prunely lets you add your OVO Energy direct debit to see exactly when your next payment falls. Set custom reminders so you get an alert before you are charged. Track your energy costs alongside all your other subscriptions — broadband, insurance, streaming, and more — without connecting a bank account. Prunely is free for up to 5 subscriptions.
Frequently Asked Questions
How much does OVO Energy cost per month in the UK?
OVO Energy charges around £115 per month for dual fuel in a typical UK household. Your actual bill depends on property size and usage. All standard variable tariff rates are subject to Ofgem's quarterly price cap. OVO's fixed deals sometimes sit below the cap.
Is OVO Energy any good?
OVO Energy is a well-established supplier serving 5 million UK households. It offers 100% renewable electricity, a user-friendly app, and competitive pricing. Customer service reviews are mixed — it scores well in Ofcom surveys but can be slow during peak demand periods.
Are there exit fees for leaving OVO Energy?
No exit fees apply on OVO's Simpler Energy standard variable tariff. Fixed-rate tariffs may carry exit fees of up to £30 per fuel (£60 total). Fees are waived during the last 49 days of any fixed deal. Always check your tariff terms before initiating a switch.
Does OVO Energy pay interest on credit balances?
Yes, OVO Energy pays up to 5% interest on credit balances in your account. This is a unique feature among major UK energy suppliers. The interest is credited automatically and helps offset the impact of building up credit during lower-usage summer months.
How do I track my OVO Energy spending?
Add your OVO Energy direct debit to Prunely to track monthly energy payments alongside all your other subscriptions. The OVO app also provides Greenlight usage insights, showing half-hourly consumption data for smart meter customers.