OVO Energy vs Red Energy
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.
Note: OVO Energy is not currently available through our comparison tool.
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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 |
| States available | NSW, VIC, QLD | NSW, VIC, QLD, SA, ACT |
| Plan types | fixed, variable, solar, green | fixed, variable, solar |
✓ = lower figure in our AER/ESC benchmark data, not a recommendation. Estimated annual bills are based on AER Reference Price / ESC VDO benchmarks. Actual rates vary by state and plan.
This analysis is based on EnergyPlans Australia's 2026 energy pricing data across multiple providers and states.
OVO Energy
OVO Energy is a technology-driven energy retailer operating in Australia as an extension of the UK-based OVO Energy group. OVO focuses on digital-first energy services, sustainability, and helping customers reduce their carbon footprint with smart energy tools.
View OVO Energy plansRed Energy
Red Energy is a 100% Australian-owned electricity and gas retailer, wholly owned by Snowy Hydro. Red Energy is consistently recognised for outstanding customer service and competitive pricing, making it a popular choice for households across eastern Australia.
View Red Energy plansSummary
Based on benchmark estimates, OVO Energy has the lower estimated annual bill. However, actual costs depend on your usage, postcode, and plan.
All figures are benchmark estimates based on AER/ESC reference data. Actual plan pricing varies by postcode, usage, and available discounts.
Both available in: NSW, VIC, QLD
OVO Energy — pros & cons
Red Energy — pros & cons
One or more providers in this comparison are not available through our comparison tool.
Compare plans from available retailers →Frequently 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 has the lower average usage rate in our benchmark data. The best plan for you depends on your usage and 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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One or more providers in this comparison are not available through our comparison tool.
Compare plans from available retailers →How we calculate these estimates
This comparison uses benchmark data from AER and ESC reference pricing. Actual plan rates vary by postcode.
Estimated costs can vary by usage, tariff type, retailer, distributor, and address. Both supply charges (the daily fixed cost of being connected) and usage rates (c/kWh) affect your total bill. Solar feed-in tariffs vary by retailer and plan. Always review plan details, fees, and conditions before switching.
Data sources
- AER Default Market Offer (DMO) reference pricing
- ESC Victorian Default Offer (VDO) benchmarks
- Distributor zone boundary data
- Published retailer plan information
These are indicative estimates only. Your actual bill depends on your specific plan, usage patterns, and applicable discounts. Read our full methodology.
How we make money
EnergyPlans.com.au may receive a commission if you switch through our comparison partner. This does not change the price you pay, but it may influence which plans are available through our service. We do not compare every plan in the market.
Our editorial content, methodology, and benchmark data are independent of any commercial relationship. Always review plan details, including any fees or conditions, before switching. How we make money.
Data shown for OVO Energy vs Red Energy.