OVO Energy is set to provide an automatic £150 discount on energy bills for its customers, following the launch of a £50 million fund amidst the ongoing cost of living crisis.
The company is currently processing the Warm Home Discount for winter, which is designed to help those customers in immediate need.OVO has revealed that two-thirds (66 per cent) of its customers are more concerned about their bills compared to last year.
The energy firm, which competes with British Gas, Octopus, EON, EDF and others, continues to call on the Government to introduce a social tariff to protect the most vulnerable.The £50m package includes payment holidays for all prepayment customers, ensuring that every penny put on the meter will go towards heating, not repaying debt this winter.
OVO is also maintaining emergency credit at the increased amount of £15.The package also offers free energy-saving products such as electric throws, mattress toppers, and home efficiency kits, as well as energy efficiency upgrades.
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