OVO Energy vs Red Energy
OVO Energy appears cheaper based on average annual bill estimates — est. $1,420/yr, compared to $1,430/yr for Red Energy. Actual costs vary by state, usage, and plan.
Compare OVO Energy and Red 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?
Rates comparison
| Metric | OVO Energy | Red Energy |
|---|---|---|
| Avg. usage rate | 27.2c/kWh ✓ | 27.5c/kWh |
| Daily supply charge | $0.95/day ✓ | $0.98/day |
| Est. annual bill | $1,420 ✓ | $1,430 |
| Solar feed-in tariff | 8–12c/kWh ✓ | 6–8c/kWh |
| Customer rating | 4.1/5 | 4.4/5 ✓ |
| States available | NSW, VIC, QLD | NSW, VIC, QLD, SA, ACT |
| Plan types | fixed, variable, solar, green | fixed, variable, solar |
✓ 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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OVO Energy
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 reviewRed Energy
Red Energy is consistently one of the best-rated retailers in Australia for value and customer service. Highly recommended for households in the eastern states looking for a competitive and trustworthy alternative to the major retailers.
Full Red Energy reviewOVO Energy — pros & cons
Red Energy — pros & cons
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Compare energy plans & see pricesFrequently asked questions
Is OVO Energy cheaper than Red Energy?
Based on average rates, OVO Energy offers a lower average usage rate (27.2c/kWh vs 27.5c/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: OVO Energy or Red 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 OVO Energy and Red Energy available in my state?
Both OVO Energy and Red Energy are available in: NSW, VIC, QLD. OVO Energy is available in NSW, VIC, QLD, and Red Energy in NSW, VIC, QLD, SA, ACT.
Which is better overall: OVO Energy or Red Energy?
OVO Energy and Red Energy score similarly across the metrics in our dataset. The right choice depends on your state, usage patterns, and whether you have solar panels — use the comparison tool to check current plan availability for your postcode.
How do I switch from OVO Energy to Red 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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