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Best answer by Abby_OVO

Updated on 18/08/25 by Emmanuelle_OVO:

 

Hey @Graff25 

 

I’m glad to see a couple of our volunteers have already stopped by to help you out here, I just wanted to pop on and clear up the time frame of when you can cancel without the exit fees being applied.

 

Firedog is correct in that the industry rule is we must allow 49 days, all suppliers must offer a 49 day grace period when reaching the end of your contract to allow you to switch without exit fees. This is stated by Ofgem. We offer a 53 day grace period instead, you can find more about this on the help article too, there’s a helpful section titled ‘Will I be charged an early exit fee?’.

 

Additionally, customers do not need to pay exit fees when switching to Pay as you go, or when a contract ends due to moving house.

 

I hope this helps.

7 replies

Blastoise186
Super User
Super User
October 28, 2024

If you quit now, then YES it will. If you wait until 30 days before End of Contract OR when you get the renewal invite, it’ll be waived.

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Firedog
Super User
Super User
October 28, 2024

The rule is the exit fee isn’t payable if you switch after 49 days before the contract’s end date. That was yesterday ...

Noel | I have no official status; I'm just a volunteer who comes here to help other customers. My gear: Aclara SGM 1416-B Electricity-only E7 meter; Chameleon IHD3-PPMID-AAA | It may look as if I know what I’m talking about, but don’t let that fool you. |
Abby_OVO
Community Manager
Abby_OVOSolved
Community Manager
October 29, 2024

Updated on 18/08/25 by Emmanuelle_OVO:

 

Hey @Graff25 

 

I’m glad to see a couple of our volunteers have already stopped by to help you out here, I just wanted to pop on and clear up the time frame of when you can cancel without the exit fees being applied.

 

Firedog is correct in that the industry rule is we must allow 49 days, all suppliers must offer a 49 day grace period when reaching the end of your contract to allow you to switch without exit fees. This is stated by Ofgem. We offer a 53 day grace period instead, you can find more about this on the help article too, there’s a helpful section titled ‘Will I be charged an early exit fee?’.

 

Additionally, customers do not need to pay exit fees when switching to Pay as you go, or when a contract ends due to moving house.

 

I hope this helps.

Currently Playing: She's Electric
Newcomer
November 1, 2024

My lease will end before the 12-month term. If I switch now, will this be considered an early exit and result in charges on my fixed tariff?

 

BPLightlog
Super User
Super User
November 1, 2024

According to this thread 

you should be ok

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Firedog
Super User
Super User
November 1, 2024

No. It’s quite clear in the terms and conditions:

You won’t have to pay an exit fee if:

  • you cancel your energy plan because you’ve moved house;

Read the rest of Section 10 there, which explains what you should do when moving out.

Noel | I have no official status; I'm just a volunteer who comes here to help other customers. My gear: Aclara SGM 1416-B Electricity-only E7 meter; Chameleon IHD3-PPMID-AAA | It may look as if I know what I’m talking about, but don’t let that fool you. |
Emmanuelle_OVO
Retired Moderator
Retired Moderator
November 4, 2024

Hey @shubhamkhandelwal

 

Welcome to the OVO Online Community

 

Firedog has given some helpful advice here, you just need to let us know you’re moving out via your online account or app & we’ll close your account. You won’t be charged an exit fee. Then when you move into your new property you’ll inherit the supplier there & can decide whether you’d like to switch away from them. 

 

No. It’s quite clear in the terms and conditions:

You won’t have to pay an exit fee if:

  • you cancel your energy plan because you’ve moved house;

Read the rest of Section 10 there, which explains what you should do when moving out.

 

 

 

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