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How to compare OVO energy prices with Business Energy UK

With a multitude of energy suppliers vying for your business's attention, selecting the right one when it's time to renew your energy plan can be a challenging task.

OVO Energy emerges as a compelling option for your next business energy agreement, boasting impressive sustainability initiatives along with a diverse array of tariffs and pricing structures designed to accommodate businesses of all sizes, from small startups to large enterprises.

OVO Energy's commitment to green energy solutions aligns with the growing demand for environmentally responsible business practices. Their range of tariffs ensures that whether your business is just starting out or has established a significant presence, there's a plan that fits your specific energy needs and budget. With OVO Energy, you can confidently make a choice that not only powers your business efficiently but also contributes positively to environmental sustainability.

Who is OVO Energy?

OVO Energy, established in 2009, has rapidly evolved to become one of the UK's leading independent energy suppliers. Founded by Stephen Fitzpatrick, the company embarked on a mission to provide more affordable and sustainable energy solutions. OVO Energy's growth trajectory was marked by a significant milestone in 2020 when it acquired SSE, one of the 'Big Six' energy companies, thereby expanding its reach and influence in the energy sector.

At the core of OVO Energy's ethos is a strong commitment to sustainability and green energy. The company has been a frontrunner in offering 100% renewable electricity tariffs, aligning with the global shift towards environmentally responsible energy consumption. OVO Energy's initiatives extend beyond just supplying green energy; they include substantial investments in renewable energy projects, tree planting schemes, and innovative solutions like electric vehicle charging points, all aimed at reducing carbon footprints and promoting sustainable living.

OVO Energy is renowned for its customer-centric approach, consistently receiving high ratings for customer service. With a focus on transparency and reliability, OVO has cultivated a loyal customer base. Their offerings cater to a wide range of consumers, from residential to business clients, providing tailored energy solutions that meet diverse needs. This customer-first philosophy, combined with their sustainable practices, positions OVO Energy as a progressive and responsible choice in the UK energy market.

OVO Business energy plans

OVO Energy offers a range of energy plans tailored to meet the diverse needs of businesses. While their primary focus has been on residential energy supply, their approach to business energy is equally innovative and customer-centric. Here’s an overview of what businesses can expect from OVO Energy plans:

Sustainability at the forefront

OVO Energy stands out for its commitment to sustainability. They offer plans that are backed by 100% renewable electricity, aligning with the needs of businesses looking to reduce their carbon footprint. This commitment to green energy is a significant part of OVO Energy's appeal, especially for companies prioritizing environmental responsibility.

Flexible energy solutions

Understanding that businesses have varying energy needs, OVO Energy provides flexible solutions. They offer plans that cater to different business sizes and consumption patterns. Whether a business requires a gas-only, electricity-only, or a dual tariff deal, OVO Energy can accommodate these preferences, ensuring that each business gets a plan that suits its specific requirements.

Plan options and features

While specific details of OVO Energy's business plans are not as widely publicized as their residential plans, businesses can expect:

  • Tailored Contract Lengths: Businesses can choose contract lengths that align with their operational needs, offering a balance between stability and flexibility.
  • Price Stability: With fixed-rate plans, businesses can lock in their energy rates, protecting them from market fluctuations and aiding in financial planning.
  • Predictable Billing: Fixed-rate plans allow businesses to predict their energy costs more accurately, although actual bills will vary based on usage.
  • Flexibility to Switch: For businesses seeking more flexibility, OVO Energy may offer plans with shorter notice periods, allowing for easier transitions between suppliers or plan types.
  • Support for Renewable Energy Initiatives: In line with their sustainability ethos, OVO Energy's plans often support additional green initiatives, furthering a business's environmental goals.

    • It's important for businesses to contact OVO Energy directly or visit their website for the most current and detailed information regarding their specific business energy plans, as offerings may vary and evolve to meet changing energy needs and market conditions.

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OVO Energy business electricity rates

OVO Energy, while primarily known for their domestic energy contracts, extends its ethos of sustainability and customer-centric service to cater to the electricity needs of businesses. Although they do not currently offer specific business energy tariffs, their approach to electricity supply can be appealing to small businesses or home-based enterprises.

Businesses have the option to choose electricity plans independent of their gas supply. This flexibility allows businesses to tailor their energy contracts according to their specific needs, potentially leading to cost savings and more efficient energy management.

While OVO Energy's business-specific electricity rates are not explicitly detailed, their approach typically involves pricing based on the size of the business and its energy consumption patterns. This means that rates are customized, taking into account factors such as business type, energy usage, and contract length. It's important to note that business electricity prices may differ from domestic rates, and VAT charges for businesses are typically higher.

Fixed and variable rate contracts

OVO Energy is likely to offer both fixed and variable rate contracts for electricity. Fixed-rate contracts provide price stability over the contract term, protecting businesses from market price fluctuations. Variable rate contracts, on the other hand, offer flexibility, with prices changing in line with market rates.

Aligned with their commitment to green energy, OVO Energy offers 100% renewable electricity, an attractive option for businesses prioritizing environmental responsibility. This aligns with the growing trend of businesses seeking to reduce their carbon footprint and contribute to a more sustainable future.

For businesses with more significant energy needs, such as those with half-hourly meters typically found in larger companies, OVO Energy may offer tailored solutions. These advanced metering solutions provide more accurate and timely data on electricity usage, enabling better energy management and potentially more customized pricing.

For the most accurate and tailored information regarding business electricity rates and plans, businesses should contact OVO Energy directly. Their customer service team can provide detailed information and quotes based on specific business requirements.

How to switch to OVO Business Energy

If you're contemplating a switch to OVO Energy for your business's energy supply, here's a straightforward guide to facilitate this transition. While OVO Energy primarily offers residential energy services, they may also cater to the needs of small businesses or home-based enterprises.

AFollow these steps to switch to OVO Business Energy:

  1. Utilise Business Energy UK for Price Comparison

    2. Begin by visiting Business Energy UK to compare energy prices. This specific website will assist you in evaluating whether OVO Energy is an appropriate choice for your business requirements, enabling you to compare their offerings with those of other suppliers. This step is essential for making an informed decision.

  2. Initiate the Switch with OVO Energy

    3. Once you've ascertained that OVO Energy aligns with your business needs, contact them directly. You will need to provide key details such as your business name, address, and average energy usage (information typically found on your current energy bills). Also, be prepared with the details of your existing energy supplier.

  3. Review and Understand the Offer

    4. OVO Energy will provide you with a quote tailored to your business's needs. Upon agreement, they will send you a contract pack. This document is for your reference and usually does not require a signature. However, it's important to thoroughly review it to comprehend the terms of your new energy agreement.

  4. OVO Energy Manages the Transition

    5. After you accept the offer, OVO Energy will coordinate the switch from your current supplier. Ensure there are no outstanding balances on your existing account and check for any contractual obligations that might affect your switch, such as early termination fees.

  5. Await the Completion of the Switch

    6. The process of switching providers typically takes around three weeks. During this period, OVO Energy will oversee the transition, ensuring a smooth changeover. There's usually no action required on your part during this time.

  6. Confirmation of the New Service

    7. Once the switch to OVO Energy is complete, they will confirm the start of your new service. They might also provide additional instructions or steps to finalise the setup, like setting up an online account for managing your energy services more efficiently.

Pros and Cons of Switching to OVO Business Energy

When considering a switch to OVO Energy for your business's energy needs, it's important to weigh the advantages and potential drawbacks. Here are the pros and cons of choosing OVO Energy as your business energy supplier:

Pros

  • Commitment to Sustainability: OVO Energy is known for its strong commitment to sustainability, offering 100% renewable electricity on all its tariffs. This is ideal for businesses looking to reduce their carbon footprint and contribute to environmental conservation.
  • Customer-Focused Service: OVO Energy has a reputation for excellent customer service, ensuring that your queries and concerns are addressed promptly and effectively.
  • Innovative Energy Solutions: They offer innovative solutions like smart meters and energy usage insights, helping businesses manage their energy consumption more efficiently.
  • Flexible Billing Options: OVO Energy provides convenient billing options, including paperless billing and monthly Direct Debits, making it easier to manage your energy expenses.
  • No Auto-Rollovers: Their policy of no auto-rollovers on contracts gives businesses more control over their energy plans and avoids unexpected continuations.

Cons

  • Limited Business-Specific Plans: As of the latest information, OVO Energy primarily focuses on residential energy contracts, which might not cater to all types of business energy needs, especially for larger enterprises.
  • Variable Business Energy Rates: While they offer fixed-rate contracts, businesses might still face variable rates depending on the plan, which can lead to fluctuating energy costs.
  • Potential for Early Termination Fees: Businesses need to be aware of potential fees for early termination if they decide to switch providers before the end of their contract term.
  • Limited Physical Presence: OVO Energy's limited physical presence might be a drawback for businesses that prefer face-to-face interactions for their energy management and customer service needs.

Compare OVO Business Energy costs with Business Energy UK

Before deciding on your energy supplier, it's wise to compare prices with Business Energy UK. This platform offers a quick, free, and impartial service to help you find the best deal for your company's energy needs.

You can compare energy prices easily on Business Energy UK. The process takes less than a minute – just enter your postcode and contact details. This efficient approach saves time and helps you make an informed decision swiftly.

Business Energy UK allows you to filter search results to match your specific requirements, whether that's cost, contract type, or green energy options. This customisation is particularly useful when evaluating OVO Business Energy's focus on renewable energy and customer service against other market offerings.

Frequently Asked Questions

OVO Energy is widely regarded as a reputable energy supplier, known for its commitment to sustainability and customer service. They offer 100% renewable electricity and have a strong focus on innovative energy solutions. Customer reviews often highlight their efficient service and user-friendly approach. However, as with any service, individual experiences may vary, and it's advisable to consider your specific needs and preferences when evaluating their suitability as an energy supplier.

Smart meters provided by OVO Energy can be a beneficial addition for businesses. These meters offer real-time information on energy usage, helping businesses to monitor and manage their energy consumption more effectively. This can lead to more efficient use of energy and potentially lower costs. Additionally, smart meters automate meter readings, ensuring more accurate billing and eliminating the need for manual readings.

To get in touch with OVO Energy, you have several options:

Phone:

For general inquiries, you can call OVO Energy on 0330 303 5063. Their customer service team is available Monday to Friday, from 8 am to 6 pm.

Email:

You can also reach out to OVO Energy via email at hello@ovoenergy.com for various queries or concerns.

Postal Address:

For correspondence via mail, you can write to OVO Energy at their head office. However, the specific postal address is not provided in the search results. It's recommended to confirm this on their official website or by contacting them directly.

Live Chat and Online Help Centre:

OVO Energy offers support through live chat on their website, which can be a quick way to get answers to your questions. Additionally, their online help centre provides a wealth of information and answers to frequently asked questions.