OVO Energy vs Powershop
OVO Energy is cheaper - by about $87/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. Powershop’s cheapest plan, Power House, costs $1,098/year, 26% below the VDO. That is a difference of $87/year - switching from Powershop 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.
OVO Energy - cheapest plans
Powershop - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | OVO Energy | Powershop |
|---|---|---|
| Plan | The One Plan - NOV2026 | Power House |
| Supply charge | 85.89c/day | 91.46c/day |
| Usage rate | 27.16c/kWh (peak) | 28.92c/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 | 2.0c/kWh |
How do I switch from OVO Energy to Powershop?
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. OVO Energy’s cheapest plan has no lock-in contract and an exit fee of $0.00; Powershop’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.