CovaU vs OVO Energy

OVO Energy is cheaper - by about $163/year

OVO Energy’s cheapest residential electricity plan, The One Plan - NOV2026, costs an estimated $1,012/year at 4,000 kWh, 32% below the VDO. CovaU’s cheapest plan, Freedom Residential TOU, costs $1,175/year, 30% below the regulated tariff. That is a difference of $163/year - switching from CovaU to OVO Energycould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.

CovaU - cheapest plans

Rank by:

Plan	Retailer	Flat ratec/kWh	Time of use c/kWh			Supplyc/day	Solar FITc/kWh	Annual cost ▲at 4,000 kWh/yr
			Peak	Off-peak	Shoulder
Freedom Residential TOU Time of use	COVAU PTY LIMITED	—	42.58	18.17	—	122.71	10.9	$1,175	Switch
Super Saver Residential TOU Time of use	COVAU PTY LIMITED	—	30.63	18.27	—	99.12	1.0	$1,236	Switch
Super Saver Residential TOU + CL Time of use	COVAU PTY LIMITED	—	30.63	18.27	—	99.12	1.0	$1,236	Switch

Showing 3 of 3 plans. Click column headers to sort.

OVO Energy - cheapest plans

Filter:

Rank by:

Plan	Retailer	Flat ratec/kWh	Time of use c/kWh			Supplyc/day	Solar FITc/kWh	Annual cost ▲at 4,000 kWh/yr
			Peak	Off-peak	Shoulder
The One Plan - NOV2026 Time of use	OVO Energy	—	27.16	9.00	15.01	85.89	1.4	$1,012	Switch
The One Plan - NOV2026 Time of use	OVO Energy	—	27.16	9.00	15.01	85.89	1.4	$1,012	Switch
The One Plan - NOV2026 Flat rate	OVO Energy	17.93	—	—	—	83.69	1.4	$1,023	Switch

Showing 3 of 3 plans. Click column headers to sort.

Head-to-head: cheapest plan from each retailer

Spec	CovaU	OVO Energy
Plan	Freedom Residential TOU	The One Plan - NOV2026
Supply charge	122.71c/day	85.89c/day
Usage rate	42.58c/kWh (peak)	27.16c/kWh (peak)
Exit fee	$0.00	$0.00
Contract term	No lock-in	No lock-in
Green energy	-	-
Solar feed-in tariff	10.9c/kWh	1.4c/kWh

Switch — $25

How do I switch from CovaU to OVO Energy?

Choose a plan above and click Switch. Bill Hero lodges the transfer with your new retailer - there is no interruption to your electricity supply, and most switches complete within 2 business days. CovaU’s cheapest plan has no lock-in contract and an exit fee of $0.00; OVO Energy’s has no lock-in contract and an exit fee of $0.00. Check your current plan’s exit fee before switching, if any applies.

Frequently asked questions

Is CovaU or OVO Energy cheaper?

OVO Energy has the cheaper residential electricity plan of the two, by an estimated $163/year at 4,000 kWh usage. Your actual saving depends on your usage and tariff - compare the plans above for exact numbers.

How do I switch from CovaU to OVO Energy?

Choose a OVO Energy plan above and click Switch. Bill Hero manages the switch for you - there's no interruption to supply, and most switches complete within 2 business days. The same process applies in reverse for switching from OVO Energy to CovaU.

Does CovaU or OVO Energy charge an exit fee?

Neither CovaU's nor OVO Energy's cheapest residential plan charges an exit fee, based on current Consumer Data Right (CDR) data.

CovaU vs OVO Energy

CovaU - cheapest plans

OVO Energy - cheapest plans

Head-to-head: cheapest plan from each retailer

How do I switch from CovaU to OVO Energy?

Frequently asked questions

Related comparisons