OVO Energy has today announced the first ever Smart pay-as-you-go technology platform in the UK.
The Smart PAYG+ solution will allow users to top up and control their energy usage at any time, wherever they may be.
Consumers will be able to use a single platform, such as an app, text, phone or desktop, to connect to a smart reader in their homes.
Some of the functionalities the system offers include setting credit thresholds, warnings about how many days until credit runs out, auto top-up and remote top-up.
The system shows one simple home screen to the user, displaying the days remaining before it needs to be topped up (based on past usage data) and changes colour dependent on credit levels.
This credit countdown updates every 24 hours, with optional alerts and auto top ups, bringing black outs to an end.
Users of the Smart PAYG+ app can also set up scheduled, regular and auto top options removing the need to worry about running out of credit on the meter.
David Gooch, Chief Digital Officer, OVO Energy explains: "Our small and nimble team of technology, design and product experts work around the clock to develop technology to overhaul the energy market and make customers’ lives easier.
"For the PAYG market they set out to transform the archaic customer experience of traipsing to the shop to top up and the lights going out at unexpected times. We are literally putting the power into the customers’ hands and giving them unprecedented control and convenience over the cheapest possible energy supply.
"We are very excited to be the first company in Britain to create a technology platform of this kind which offers such a variety of top up methods."
Ovo’s main focus now is to reach the under-served and over-charged pay-as-you-go market, by dropping its prices to more closely reflect wholesale prices and operational efficiencies achieved through the introduction of its new smart technology platforms.
