ENGIE vs OVO Energy

OVO Energy is cheaper - by about $268/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. ENGIE’s cheapest plan, VIC ENGIE Standing elec, costs $1,280/year, 14% below the VDO. That is a difference of $268/year - switching from ENGIE 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.

ENGIE - cheapest plans

Rank by:
PlanRetailerAnnual cost ▲at 4,000 kWh/yr
ENGIE logo
VIC ENGIE Standing elec
Time of use
ENGIE$1,280
Switch
ENGIE logo
VIC ENGIE Standing elec
Time of use
ENGIE$1,280
Switch
ENGIE logo
VIC ENGIE Home Business Standing elec
Time of use
ENGIE$1,280
Switch
Showing 3 of 3 plans. Click column headers to sort.

OVO Energy - cheapest plans

Filter:
Rank by:
PlanRetailerAnnual cost ▲at 4,000 kWh/yr
OVO Energy logo
The One Plan - NOV2026
Time of use
OVO Energy$1,012
Switch
OVO Energy logo
The One Plan - NOV2026
Time of use
OVO Energy$1,012
Switch
OVO Energy logo
The One Plan - NOV2026
Flat rate
OVO Energy$1,023
Switch
Showing 3 of 3 plans. Click column headers to sort.

Head-to-head: cheapest plan from each retailer

SpecENGIEOVO Energy
PlanVIC ENGIE Standing elecThe One Plan - NOV2026
Supply charge110.12c/day85.89c/day
Usage rate34.82c/kWh (peak)27.16c/kWh (peak)
Exit fee$0.00$0.00
Contract termNo lock-inNo lock-in
Green energy--
Solar feed-in tariff1.0c/kWh1.4c/kWh

How do I switch from ENGIE 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. ENGIE’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 ENGIE or OVO Energy cheaper?
OVO Energy has the cheaper residential electricity plan of the two, by an estimated $268/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 ENGIE 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 ENGIE.
Does ENGIE or OVO Energy charge an exit fee?
Neither ENGIE's nor OVO Energy's cheapest residential plan charges an exit fee, based on current Consumer Data Right (CDR) data.

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