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Ovo Energy Vs Energy Australia - Who Offers the Cheapest Plans?
The main difference between Energy Australia and OVO Energy is the price of each retailer’s energy plans. While both retailers have competitive market offers available, one brand stands out with its cost-effective rates. Read below to find out more.
In our latest article, we look at two popular retailers in Energy Australia and Ovo Energy. If you’re wondering what each has to offer, we’ve got you covered. From the latest plan rates to unique features that include rewards and incentives, you’ll find everything you need to know to make an informed decision.
Ovo Energy vs Energy Australia Plans NSW
In NSW, Ovo Energy's The One plan is more cost-effective than Energy Australia's Flexi Plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
One Plan
|
21% | $1,452 |
Flexi Plan
|
18% | $1,498 |
*New South Wales electricity rates are based on usage of 3911kWh/year for a residential customer on a single rate tariff in the Ausgrid network, the DMO reference price is: $1,827 / year. Click here for more information.
OVO Energy vs Energy Australia Plans VIC
In VIC, Ovo Energy’s The One Plan is more cost-effective than Energy Australia’s Flexi plan.
| Plan Name | % Below VDO* | Price/year (Est.) |
|---|---|---|
One Plan
|
27% | $1,140 |
Flexi Plan
|
21% | $1,240 |
*Victoria electricity rates are based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network, the VDO reference price is: $1,571 / year. Click here for more information.
OVO Energy vs Energy Australia Plans QLD
In QLD, Ovo Energy’s The One Plan is more cost-effective than Energy Australia’s Flexi plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
One Plan
|
18% | $1,620 |
Flexi Plan
|
9% | $1,792 |
*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.
Energy Australia vs OVO Energy Plans SA
In SA, Energy Australia’s Flexi plan is more cost-effective than Ovo Energy’s The One Plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Flexi Plan
|
7% | $2,119 |
One Plan
|
6% | $2,136 |
*South Australia electricity rates are based on usage of 4011kWh/year for a residential customer on a single rate tariff in the SA Power Networks, the DMO reference price is: $2,279/ year. Click here for more information.
Energy Australia vs OVO Energy ACT
In ACT, Ovo Energy does not service the area. Therefore, Energy Australia offers the best value by default.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Rate Fix
|
3% Above | $2,224 |
*Australian Capital Territory electricity rates are based on usage of 6100kWh/year for a residential customer on a single rate tariff in the Evoenergy network, the DMO reference price is: $2,152 / year. Click here for more information.
OVO Energy Vs Energy Australia Solar FiT
Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by Ovo Energy and Energy Australia. Remember, a high solar feed-in tariff can offer a high rate of return on your investment but it shouldn’t be the only factor you should look at when choosing a solar plan. Call us today and speak with one of our solar experts to learn more.
| State |  | Energy Australia |
|---|---|---|
| NSW | 5.00 | 12.00 |
| QLD | 5.00 | 12.00 |
| VIC | 5.20 | 12.00 |
| SA | 5.00 | 12.00 |
| ACT | n/a | 12.00 |
OVO Energy vs Energy Australia Features
Energy Australia and Ovo Energy both have unique features that come standard with being a customer. From an interactive mobile app that lets you check your energy usage to rewards programs that translate to bill credits, energy retailers are attracting customers with a bundle of features. Want to see what Energy Australia and Ovo Energy offers? Read more below.
| Features |  |  |
|---|---|---|
| Monthly Billing | ||
| Bill Smoothing | ||
| Online Account | ||
| Energy App | ||
| Rewards | ||
| Green Power Option | ||
| Carbon Neutral Option | ||
| Internet Bundles |
OVO Energy vs Energy Australia Payment Options
Wondering whether Ovo Energy or Energy Australia accepts your preferred billing method? Before you switch retailers, it’s always wise to check if your payment method is accepted.
| Payment Option | | |
|---|---|---|
| Credit Card | ||
| Direct Debit | ||
| Phone | ||
| BPAY | ||
| Post Office | ||
| Centrepay | ||
| Cheque |
Energy Australia vs OVO Energy Renewables
Do Ovo Energy and Energy Australia rank high in renewable energy support? Retailers are pushing renewable energy and market their efforts within their plans. However, it’s important to see the actual data so you can see if they’re actually succeeding in their endeavors.
Energy Australia and Ovo Energy participated in a study that measured their efforts toward sustainability and support for renewable energy. The data shown below was pulled from the Green Electricity Guide (GEG) by Greenpeace.
Energy Australia scored high in its overall support for renewable energy, with an impressive 8 out of 10.
However, outside of the aforementioned category, Energy Australia failed to turn heads in other areas with multiple zeroes across the board, including a lowly 3 out of 10 in “transparency in marketing”.
On the other hand, Ovo Energy scored a perfect 10 out of 10 in the category of halting fossil fuel expansion and an 8 out of 10 in transparency in marketing.
The overall rating given by the Green Energy Guide has Energy Australia listed at an awful 1.35 out of 10 and Ovo Energy at a mediocre 4.74 out of 10.
| Criteria | | |
|---|---|---|
| Providing clean, renewable energy | 4/10 | 0/10 |
| Ending coal use by 2030 | 0/10 | 0/10 |
| Halting fossil fuel expansion | 10/10 | 0/10 |
| Support for new renewable energy | 4.6/10 | 8/10 |
| Pollution & environmental harm | 5/10 | 0/10 |
| Transparency in marketing | 8/10 | 3/10 |
OVO Energy vs Energy Australia Results
| Categories | Winner |
|---|---|
| Electricity Prices | |
| Solar FiT | |
| Features | |
| Payment Options |  |
| Renewables | |
Should I Switch to Energy Australia or OVO Energy?
There you have it. Energy Australia and Ovo Energy matched up well against one another with each retailer showcasing competitive market offers, rates, and more. In terms of electricity prices and solar feed-in tariffs, Ovo Energy has better rates in nearly every state. However, Energy Australia narrowly edged out Ovo Energy when it came to features offered.
But before switching to either one of these retailers we recommend phoning us at Electricity Monster on 1300 232 848 and let our energy experts work to find you the best deal we have available.
If you’re worried about overpaying on your energy bill, need a new connection, or just want to switch to a new electricity provider, give us a call at 1300 232 848. At Electricity Monster, we offer various free solutions to help you find a fair deal. Best of all, our comprehensive service is 100% free to use, and our energy experts pride themselves on finding you the best deal we have available. Don’t settle for high rates in this volatile energy climate, call us today and secure the best deal we have available.
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Disclaimer
This publication reviews Energy Australia and Ovo Energy’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 07/04/2024.
Important Points to note are:
- The plans displayed have been taken from the energy fact sheets published on the retailer’s website. We do not guarantee that this information is correct or that it applies to every household in Australia.
- Comparisons have been made on the peak rates in single rate plans from retailers, plus their daily electricity supply charges.
- The Citipower network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
- The Ausgrid network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in NSW.
- The SA Power Networks network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
- The Energex network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in QLD.
- The Evoenergy network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in the ACT.
- The ACTO network has been used to compare gas plans in WA.
- The reference price/VDO/GAS comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.
- The information in this blog cannot substitute for legal advice. No financial decisions should be made based on information from this blog.
- All dollar figures include GST.
- The plans displayed may be different than advertised.
- The plans offered on this page may not be available in our call center.
- ‘Get Best Offer’ is indicative of the best offer available in our database from our partners
- Data regarding renewable energy was pulled from the publication Green Energy Guide by GreenPeace.Plans from the rate tables have been listed in order of lowest price first. Please check the details of these plans directly with the retailer before making any purchase decisions.
- Electricity plans are now compared to a regulated price called the Victorian Default Offer (VDO). This makes it easier to compare energy plans across the market. The VDO comparison and annual estimate is calculated based on an average usage customer.
- When calculating our rates we include in the price/year estimate the GST (unless otherwise stated), any advertised non-conditional discounts (e.g. guaranteed discount), and any one-off credits.
- What’s not included in the price/year estimate are conditional discounts, green energy charges, any concessions or rebates which may apply to you, solar feed-in tariff credits that your solar system could generate.
- The VDO comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.
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When You Call & Switch Today
- Compare Providers
- 100% Free Service
- Brokered Over 150,000 Deals
Get a $50* Coles or Woolies Voucher
When You Call & Switch Today
- Compare Providers
- 100% Free Service
- Brokered Over 150,000 Deals
Benjamin Tom
Benjamin Tom covers the retail energy market, with a focus on electricity, solar, and Internet. His interests include helping people navigate the complexities of the energy market while saving money on their power bills.