OVO Energy has made a huge change for millions and customers could lose £144 a year

OVO Energy has made a huge change for millions and customers could lose £144 a year
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OVO Energy has made a huge change for millions and customers could lose £144 a year
Author: Tara Evans
Published: Feb, 13 2025 11:47

Summary at a Glance

Consumer rights expert Martyn James said: “Energy firms like Ovo are going to have to work a lot harder to encourage people to reduce peak time energy use, given that the already rather stingy price cuts have been replaced by an even meaner prize draw.

Each month, customers who are signed up to Power Move and use 15% or less of their total electricity during peak times will earn entries into that month’s prize draw.

I can regularly hit 5-6% use 4-7 pm, but I’m not going to get as far down as 2% use 5-7 pm, so I won’t get the £10 ‘energy bill credit’, I’ll just be in the draw.

OVO Energy is making it harder for millions of customers to get up to £144 discounts on bills for using less electricity at peak times.

Until February customers could claim a £12 discount on their monthly energy bill if they hit a target of using 8% or less of their total electricity consumption during 4pm to 7pm on weekdays.

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