Expert Picks: Best Value Energy Plans NSW (December 2024)

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This page features some of the best electricity plans from energy providers in NSW on Canstar Blue’s database. Every month, our dedicated team of energy experts will update this page to show you a range of competitive deals. This way, you can stay informed on the latest energy plans available in your area.

When we talk about the ‘best’ energy plans, we don’t just make this stuff up. We determine which are the best value plans based on our expert methodology which assesses numerous factors relating to the provider and plan in question, including price (of course), the features of the product, as well as the provider’s customer service and billing credentials. All this results in each plan being given a Value Score out of 10.

Our expert research team has spent years perfecting this methodology, so you can have confidence that we know what we’re doing. So without further ado, here are the best value energy plans on our database for NSW, including the best offers from the ‘big three’ power providers. Hit the links below to jump to your preferred plan type.

The pricing shown below is based on the Ausgrid network in Sydney, NSW. This serves as a helpful guide but we’d suggest jumping into our energy comparison tool for an even more specific quote in your area.

Compare energy plans

It is always a good idea to keep informed on other electricity providers and the current deals on the market.

• NSW Sponsored Plans
• NSW Plans

Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the Ausgrid energy network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Sponsored Products

Based on the general usage^ in the Ausgrid network the AER reference price is: $1,810 / year

Netflix Plan Basic Plan Information Enjoy $100 credit when you join AGL electricity. Plus, get $96 RRP off Netflix value each year for the life of your plan with the AGL Netflix Plan. T&C’s apply

11% Less than reference price

$1,614 Price/year (estimated)

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View all electricity plans listed on Canstar Blue

*^View important information

Here are some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Overall Best Value Plan, 1st Energy [1st Super Saver]

Value score: 9.0

Here is  1st Energy’s plan on our database for NSW. These costs are based on the Ausgrid energy network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan: 

• Guaranteed discount
• Monthly billing options
• No credit card or direct debit fees.

What to look out for: 

• Disconnection and connection fees may apply
• Rates are variable and may change at any time
• No GreenPower options.

Best Value Fixed Rate Plan, EnergyAustralia [Rate Fix Plan]

Value score: 8.0

Here is EnergyAustralia’s plan on our database for NSW. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

• Energy rates that are locked in for 12 months
• Guaranteed discount
• No paper bill fee.

What to look out for: 

• Move-in fees may apply
• Disconnection fees may apply
• Late fees apply.

Best Value Variable Rate Plan, 1st Energy [1st Super Saver]

Value score: 9.0

Here is  1st Energy’s plan on our database for NSW. These costs are based on the Ausgrid energy network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan: 

• Guaranteed discount
• Monthly billing options
• No credit card or direct debit fees.

What to look out for: 

• Disconnection and connection fees may apply
• Rates are variable and may change at any time
• No GreenPower options.

Best Value Plan with Extras, Kogan Energy [Kogan Energy with free First]

Value score: 9.1

Here is Kogan Energy’s plan plan on our database for NSW. These costs are based on the Ausgrid energy network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

• Free 12-month Kogan First membership
• Monthly billing
• No exit fees.

What to look out for:

• Rates are variable and may change at any time
• Disconnection and connection fees may apply
• Offer not available to current Kogan First members.

Best Value Plan with No Discount Conditions, Powershop [Switch Saver]

Value score: 9.2

Here is Powershop’s plan on our database for NSW. These costs are based on the Ausgrid energy network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan: 

• Competitive rates
• Monthly billing options
• No credit card or direct debit fees.

What to look out for: 

• Disconnection and connection fees may apply
• Rates are variable and may change at any time
• Average solar feed-in tariff.

Best Value AGL Plan [Residential Value Saver – New to AGL]

Value score: 8.4

Here is AGL’s plan on our database for NSW. This is a product from a referral partner†. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

• $100 sign-up credit
• No exit or paper billing fees
• GreenPower add-on options available.

What to look out for:

• Energy rates may change in the future
• Disconnection and connection fees may apply
• Some credit card payment fees apply.

Best Value Origin Plan [Go Variable – New Customer Only]

Value score: 8.5

Here is Origin Energy’s plan on our database for NSW. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan: 

• Carbon offset or GreenPower add-on options available
• Monthly billing options available
• No exit fees.

What to look out for: 

• Credit card fees may apply
• Rates are variable and may change at any time
• Disconnection and connection fees may apply.

Best Value EnergyAustralia Plan [Flexi Plan]

Value score: 8.5

Here is EnergyAustralia’s plan on our database for NSW. This is a product from a referral partner†. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

• Guaranteed discount off whole bill (usage and supply charges)
• GreenPower add-on options available
• No exit fees.

What to look out for:

• Energy rates may change in the future
• Credit card payment fees apply
• Connection and disconnection fees may apply.

What to look for in an electricity plan

1. Usage rates: Lower usage rates that cover the cost of using electricity (per kWh) and gas (per MJ)
2. Supply charges: Competitive fixed daily fees for supplying your home with electricity or gas
3. Discounts: Conditional or guaranteed discounts off your bills can help save on annual energy costs
4. Bill credits: Like a discount but offers a credit off your bill, either as a standalone amount or ongoing
5. Sign-up incentives: Access to rewards programs, frequent flyer points or entertainment services
6. Fixed rates: Some plans comes with energy rates locked in for a set period meaning no rate rises
7. Variable rates: Look out for low variable rates on plans but keep in mind they can change over time
8. Customer service: Compare call centre hours and satisfaction ratings of energy providers
9. Online tools and support: Does the company have an app and can you access your account online?

Our Value Score and methodology explained

The page assesses the best value energy plans on our database for NSW, but what do we actually mean when we say ‘best’? While price will understandably be the deciding factor for many when comparing energy plans, we explore each product a little deeper. Our expert methodology allows you to compare plans based on our unique ‘Value Score’.

The Value Score is a rating (out of 10) and is a combination of the Price Score and Features Score. In calculating the Value Score, factors that are considered include:

Feature Score:

• Billing & Payments
• Customer Service and Support
• Plan Flexibility

Price Score:

• The estimated lowest price a representative customer would be charged in a year for this plan, assuming all conditions of discounts offered (if any) have been met, based on the AER’s model annual usage in the distribution region as shown at the top of each table. If you have provided usage data from your electricity bill, the estimated annual amount payable for this plan will be based on your individual circumstances
• The Price Score includes applicable discounts assuming all conditions have been met
• The Price Score may factor in the Reference Price where you have not provided usage data from your electricity bill

Canstar Blue considers plan features most relevant to customers in the calculation of Value Score. However, not every feature is included in the Value Score, nor every feature that is relevant to you. For further details on how the Value Score works, you can read our methodology here.

Original reporting by Kelseigh Wrigley
Image Source: Richie Chan/Shutterstock.com

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