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FEB

Vince Adams says:
Ovo a new way to purchase your energy


Category: Energy Deals & Offers, Green Electricity & Gas, Uncategorized
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OVO Energy are a different kind of energy supplier. Six years ago OVO Energy started out as a kitchen table chat between a couple of friends who wanted to create an energy supplier that actually did what people want. A supplier which had fairer prices, more transparency over pricing and where energy comes from. A supplier with great customer service, the technology to make managing your energy easier and above all a focus on sustainability and the environment.

Today OVO have over half a million satisfied customers and are working harder than ever to make customers energy supply as easy and as inexpensive as possible.

OVO Energy strive to offer their customers two things. Firstly, an energy mix of gas and electricity from the greenest and secondly, energy from the most sustainable sources available and at the best possible price. OVO’s mix of energy comes from natural gas and renewable sources whilst avoiding energy generated from coal.
Fairer fuel
Just one of the ways in which OVO brings fairer energy prices is through its ‘Communities’ initiative. OVO communities aims to bring energy to customers from local sources whilst cutting costs (and thus prices as well as reducing carbon emissions. Consumers in these areas have access to greener, cheaper energy which is generated, bought and run by local communities. Another bonus for consumers is that it brings more secure long term energy tariffs

OVO have set up several community partnerships with local authorities such as Cheshire East Council, Peterborough City Council and Southend-on-Sea Borough Council. These community partnerships aim to tackle fuel poverty through measures (such as in Cheshire East) by operating on a not-for-profit basis.

OVO are an independent energy supplier. This means that they do not generate energy in their own power stations but buy it on the open market from a whole range of suppliers. OVO Energy buys their gas and electricity from different power generators from around the country. This allows OVO to constantly buy energy at the best possible price, passing savings on to customers, whilst ensuring that they can always buy the cleanest, greenest energy available on the market at an affordable price. This is something OVO Energy calls ‘mainstream green’.

Not generating their own fuel, but buying from the energy market allows OVO to offer some of the most competitive gas and electricity rates on the consumer market. Part of the way OVO does this is through dual fuel plans or dual fuel tariffs.
What does ‘Dual Fuel’ mean?

Dual fuel can be a cheaper way to pay for your electricity and gas. A ‘dual fuel’ tariff bundles both electricity and gas from the same supplier into a single energy contract, pricing plan and bill. Energy suppliers like dual fuel tariffs as they get more income when customers take both energy sources from them so often push consumers to take these plans. So are dual fuel tariffs just good for energy companies?

No. A lot of people find dual fuel tariffs are convenient and save time and money with only one bill to worry about paying and a single supplier to deal with if there are any problems. As energy suppliers actively want customers to take dual fuel tariffs they often offer extra discounts for customers who sign up to these plans.



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