Nectr Energy vs OVO Energy

OVO Energy is cheaper - by about $128/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. Nectr Energy’s cheapest plan, Nectr Home Buzz TOU - October 2026, costs $1,139/year, 41% below the DMO. That is a difference of $128/year - switching from Nectr Energy 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.

Nectr Energy - 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
Nectr Home Buzz TOU - October 2026 Time of use	Nectr	—	48.16	20.45	—	88.01	—	$1,139	Switch
Nectr Home Buzz TOU + CL 1 - October 2026 Time of use	Nectr	—	48.16	20.45	—	88.01	—	$1,139	Switch
Nectr Home Buzz TOU + CL 2 - October 2026 Time of use	Nectr	—	48.16	20.45	—	88.01	—	$1,139	Switch

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

OVO Energy - cheapest plans

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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	Nectr Energy	OVO Energy
Plan	Nectr Home Buzz TOU - October 2026	The One Plan - NOV2026
Supply charge	88.01c/day	85.89c/day
Usage rate	48.16c/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	-	1.4c/kWh

Switch — $25

How do I switch from Nectr Energy 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. Nectr Energy’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 Nectr Energy or OVO Energy cheaper?

OVO Energy has the cheaper residential electricity plan of the two, by an estimated $128/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 Nectr Energy 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 Nectr Energy.

Does Nectr Energy or OVO Energy charge an exit fee?

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

Nectr Energy vs OVO Energy

Nectr Energy - cheapest plans

OVO Energy - cheapest plans

Head-to-head: cheapest plan from each retailer

How do I switch from Nectr Energy to OVO Energy?

Frequently asked questions

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