Future X Power Review and Rates
Future X Power has currently switched off its market and standing offer plans to new customers. We will do our best to keep the details on this page up to date as new information becomes available. Please treat information below as historical only, and check plan details/availability directly with Future X Power.
Future X Power is a new electricity retailer operating in New South Wales, south east Queensland, South Australia and Tasmania. It brings one market plan to both residential and business customers within these states. Canstar Blue takes a close look at what you can expect from Future X Power and the true value of its products should you choose to sign up.
Read on for all the details about Future X Power – but if you’d sooner jump into straight into a price comparison, enter your postcode into our electricity selector below and you’ll be able see how Future X stacks up on price in NSW, QLD, SA and TAS.
Future X Power Plans
Future X Power is a retailer that apparently aims to give its customers a ‘transparent and empowering energy retail experience’ with its single variable-rate market offer plan available in NSW, QLD and SA. This plan, called the Smart Flat, comes with no exit fees and an ongoing benefit period. Future X Power was previously known for offering big pay on time discounts, however has since ditched them for lower variable rates – a trend that many retailers have taken recently.
With Future X Power, you’ll have the flexibility of choosing either monthly or quarterly billing, and selecting whether you want to pay by direct debit or another payment option. You’re not stuck in any lock-in contracts, meaning that any time you want to leave the company, you won’t be hit with exit fees. Currently, the plan is only available with a single rate tariff, with options for controlled loads.
One thing to note is that although this retailer encourages online sign-up through its website, its general online functionality doesn’t really stack up to the fully-online experience that many new retailers are offering. Without a login portal, the only thing you will be able to do online is make payments if that’s your preferred method, but you won’t be able to view old bills or change your account details without picking up a phone.
Future X Power Electricity Prices NSW
In the table below, we show Future X Power prices on the Ausgrid network in Sydney. Plans are listed from the lowest priced estimate first. See here for information on the AER Reference Price, which in this comparison assumes general energy usage of 3900kWh/year, meaning the Reference Price is $1,512/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.
| Electricity Plan | Difference from Reference Price^ | Conditional Discounts | Price Estimate* | |
|---|---|---|---|---|
| Standing Offer | TBC | TBC | TBC | |
| Basic Plan Information Documents | ||||
*Price assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Estimated price includes any conditional discounts that may be available. Pricing based on Ausgrid network in Sydney, but prices differ between distribution areas. July 2022.
Find out how Future X Power compares to other energy retailers in New South Wales by clicking on the link below:
Future X Power Electricity Prices QLD
In the table below, we show Future X Power prices on the Energex network in Brisbane. Plans are listed from the lowest priced estimate first. See here for information on the AER Reference Price, which in this comparison assumes general energy usage of 4600kWh/year, meaning the Reference Price is $1,620/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.
| Electricity Plan | Difference from Reference Price^ | Conditional Discounts | Price Estimate* | |
|---|---|---|---|---|
| Standing Offer | TBC | TBC | TBC | |
| Basic Plan Information Documents | ||||
*Price assumes general energy usage of 4600Wh/year for a residential customer on a single rate tariff. Estimated price includes any conditional discounts that may be available. Pricing based on Energex network in Brisbane, but prices will differ between distribution areas. July 2022.
Check out how Future X Power compares to other retailers in Queensland by following the link below:
Future X Power Electricity Prices SA
In the table below, we show Future X Power prices on the SA Power network in Adelaide. Plans are listed from the lowest priced estimate first. See here for information on the AER Reference Price, which in this comparison assumes general energy usage of 4000kWh/year, meaning the Reference Price is $1,840/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.
| Electricity Plan | Difference from Reference Price^ | Conditional Discounts | Price Estimate* | |
|---|---|---|---|---|
| Standing Offer | TBC | TBC | TBC | |
| Basic Plan Information Documents | ||||
*Price assumes general energy usage of 4000Wh/year for a residential customer on a single rate tariff. Estimated price includes any conditional discounts that may be available. Pricing based on SA Power network in Adelaide, but prices will differ between distribution areas. July 2022.
How does Future X Power compare to other energy providers in South Australia? Follow the link below:
Future X Power Solar
Before its debut in the electricity retail scene, Future X Power was better known for its work in the solar power industry, working under the brand ‘Future X Energy’ to deliver zero-upfront cost solar to households and small businesses in the greater Brisbane area.
With its background in residential and commercial solar, this retailer naturally offers a feed-in-tariff on its plans. They are, however, very modest in comparison to what you will find with other providers:
- NSW: TBC
- QLD: TBC
- SA: TBC
Is Future X Power right for me?
This will come down to numerous factors, but judging by the price of its current plan, Future X Power seems to offer a reasonable deal. Following a slew of new electricity retailers trying to ‘simplify’ the energy market with prepaid and subscription style plans, Future X emerges with its straight-shooter plan that’s actually likely to be more digestible for the everyday Aussie.
If (even though we don’t encourage it) you’re the set and forget energy type, this retailer may be good for you given that it offers an ongoing benefit period with decent base rates. If you’re interested in seeing how this energy provider stacks up to others in your area, follow the link below.
About the author
This page was written and is regularly updated by Canstar Blue’s Utilities Editor, Tara Donnelly. Having spent the last decade writing for and editing comparison websites, she’s an expert in all things energy, phone and internet. She loves to highlight the next best deals, while also flagging the things you need to be aware of.
Learn more about Canstar Blue’s Editorial Team.