Ovo Energy

Type:	Utility Company
Founded:	2009
Key People:	Stephen Fitzpatrick (Director)
Products:	Gas and Electricity
Headquarters:	Cirencester, Gloucestershire
Website:	http://www.ovoenergy.com [1]

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 the Old College farm buildings of the Royal Agricultural College. 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]

Electricity

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.

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.

Voted 'Top Energy Provider' in the 2010 Which? Switch Consumer Survey

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 tops marks with a total of 77%.

References

1. ^ http://www.independent.co.uk/opinion/commentators/martin-hickman-suppliers-run-rings-around-regulators-1798702.html
2. ^ http://www.thenorthernecho.co.uk/business/4704693.Newcomers_try_to_shake_up_the_energy_market/
3. ^ http://www.ovoenergy.com/our-energy/where-our-energy-comes-from.html
4. ^ Which? Switch consumer survey

External links

• Official website
• Ofgem
• www.electricityinfo.org