| Type: | Utility Company |
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| Founded: | 2009 |
| Key People: | Stephen Fitzpatrick (Director) |
| Products: | Gas and Electricity |
| Headquarters: | Cirencester, Gloucestershire |
| Website: | www.ovoenergy.com |
Ovo Energy is an energy supply company based in Cirencester, England. Ovo began trading energy in September 2009, buying and selling electricity and gas to supply domestic properties throughout the UK. The company sources its energy from various suppliers throughout the UK and from further afield as outlined below. Ovo Energy's headquarters are based in Kemble, Gloucestershire. Ovo Energy is an independent supplier and is British owned and privately backed. The entry of Ovo into the UK supply market in 2009 was welcomed as it increased competition in a market that had been criticised for high prices.[1][2]
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The electricity Ovo Energy sources comes from various generators. Its two tariffs include 15% green electricity (Ovo New Energy) and 100% green electricity (Ovo Green Energy), coming from sources including wind farms in Gloucestershire and North Wales and electricity generated from the burning of landfill gas.
Ovo Energy sources its gas from the national grid.[3] The majority of the UK's gas is sourced from the North Sea, the rest comes from Norway, Continental Europe and some from further afield. Increasingly, gas is imported as liquefied natural gas (LNG); natural gas cooled to about -165°C and compressed to make it easier to transport.
Ovo Energy was recently voted 'Top Energy Provider' in the Which? Switch consumer survey,[4] receiving high scores across the board. With consumers providing the company with five stars for customer service, bill clarity and accuracy, and value for money, Ovo Energy received top marks with a total of 77%.
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