Ovo Energy is a total rip-off! I signed up in Feb 2024 with rates of 27.61c/kWh and 93.50c/day, and just five days after the QLD Govt issued a $1,000 rebate on July 1, 2024, Ovo raised my rates by 25% (33c/kWh & 106.7c/day). I just checked their current rates: 26.037c/kWh and 96.8c/day. These rates are cheaper than mine, yet I’m paying much more! For example: Old rate (27.61c to 33c) = 5.39c more per kWh Daily supply charge (93.50c to 106.7c) = 13.2c more per day It’s clear Ovo is hiking prices to squeeze more out of consumers right after a rebate and also after they give you an undeclared honey moon period - don't be fooled!. At the same time they’ve also slashed solar feed-in tariffs by 40% and estimate bills, even when the meter’s accessible. Corporate price gouging at its finest—stay away from Ovo Energy!