Dear OVO, please respond in detail.
Best answer by Darran_OVO
We are aware of this article, please see below the detail as requested! Hope this helps.
All OVO Group Retail brands that supply electricity are included under one supply licence and all tariffs come with a minimum of 33% renewable electricity backed by REGOs as standard. From 1st October 2019 we will be increasing this to a minimum of 50% renewable electricity. OVO Energy customers can choose to add 100% green electricity backed by REGOs to any OVO Energy tariff.
OVO does not own any renewable generation or have any contracts (PPAs) to buy electricity directly from renewable generators. We match the amount of electricity consumed by customers with Renewable Electricity Guarantee of Origin certificates (REGOs).
We continuously monitor the number of customers that have upgraded to 100% renewable electricity and calculate the total volume of renewable energy supplied on each day. We then match the total volume with Renewable Electricity Guarantee of Origin certificates (REGOs), that are used to verify the sources of our electricity.
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