Last updated: 1 April 2026

    Lumo Energy vs OVO Energy

    OVO Energy appears cheaper based on average annual bill estimates — est. $1,420/yr, compared to $1,440/yr for Lumo Energy. Actual costs vary by state, usage, and plan.

    Compare Lumo Energy and OVO Energy electricity plans side by side. See rates, solar feed-in tariffs, pros and cons, and find out which retailer offers the better deal for Australian households.

    Which provider is cheaper?

    $1,420
    OVO Energy est. annual bill
    ✓ Lower
    $1,440
    Lumo Energy est. annual bill
    Est. annual bill difference: $20 — actual costs vary by state, usage, and plan.

    Rates comparison

    MetricLumo EnergyOVO Energy
    Avg. usage rate27.6c/kWh 27.2c/kWh
    Daily supply charge$0.99/day $0.95/day
    Est. annual bill$1,440 $1,420
    Solar feed-in tariff6–8c/kWh 8–12c/kWh
    Customer rating3.8/5 4.1/5
    States availableVIC, SANSW, VIC, QLD
    Plan typesfixed, variable, solarfixed, variable, solar, green

    ✓ indicates the better value option for that metric. Estimates based on average household usage of 18 kWh/day. Actual rates vary by state and plan.

    This analysis is based on EnergyPlans Australia's 2026 energy pricing data across multiple providers and states.

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    Lumo Energy

    3.8/5

    Lumo Energy is a solid option for VIC and SA households looking for a competitive, straightforward plan backed by the reliability of Snowy Hydro. Worth comparing alongside Red Energy.

    Full Lumo Energy review
    Recommended

    OVO Energy

    4.1/5

    OVO Energy is an excellent option for tech-savvy households with solar panels in NSW, VIC, or QLD. Their feed-in tariff rates are among the best in the market, and their digital tools are genuinely useful.

    Full OVO Energy review

    Lumo Energy — pros & cons

    Owned by Snowy Hydro — same parent as highly-rated Red Energy
    Competitive pricing in VIC and SA
    Simple, transparent plan structures
    Solar feed-in tariff available
    Good customer service track record
    Limited to VIC and SA only
    Smaller plan range than larger retailers
    Less brand recognition than AGL or Origin
    Limited online self-service features compared to some competitors

    OVO Energy — pros & cons

    Competitive solar feed-in tariff rates
    Strong digital tools and app for tracking energy use
    Green energy focus with carbon-neutral options
    Competitive pricing in NSW, VIC, and QLD
    Modern, technology-forward customer experience
    Limited to NSW, VIC, and QLD only
    Relatively new in the Australian market
    Fewer physical service touchpoints than larger retailers
    Limited business energy plans

    Frequently asked questions

    • Is Lumo Energy cheaper than OVO Energy?

      Based on average rates, OVO Energy offers a lower average usage rate (27.2c/kWh vs 27.6c/kWh). However, actual costs depend on your specific plan, usage, and state. Always compare using your own energy bill data.

    • Which provider offers a better solar feed-in tariff: Lumo Energy or OVO Energy?

      OVO Energy generally offers the better solar feed-in tariff rate (8–12c/kWhc/kWh vs 6–8c/kWhc/kWh). Rates vary by state and plan, so confirm directly with the retailer.

    • Are both Lumo Energy and OVO Energy available in my state?

      Both Lumo Energy and OVO Energy are available in: VIC. Lumo Energy is available in VIC, SA, and OVO Energy in NSW, VIC, QLD.

    • Which is better overall: Lumo Energy or OVO Energy?

      Comparing average usage rates and customer satisfaction ratings in our dataset, OVO Energy scores higher on both metrics. The right choice for you depends on your state, usage patterns, and whether you have solar panels.

    • How do I switch from Lumo Energy to OVO Energy (or vice versa)?

      Switching electricity retailers in Australia is straightforward. You can switch online, by phone, or through an independent comparison service. The process typically takes 2–5 business days and you will not experience any interruption to your electricity supply. Check for any exit fees on your current plan before switching.

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