Compare the best-rated EV electricity plans Background

Compare the best-rated EV electricity plans

Looking for an energy plan to accommodate your electric vehicle (EV) charging needs? Canstar Blue compares plans from electricity providers that offer dedicated EV power plans to help you find whether there’s greater value to be had from your plan.

Data Insights Lead
Utilities Editor
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Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star star
Brand Satisfaction Glossary
Glossary
21% less
than reference price Glossary
$1,435 Glossary

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Unsure of a term in the above table? View glossary

The initial results in the table above are sorted by Value Rank out of 10 (High-Low) , then Price/year (estimated) including conditional discount (Low-High) , then Brand Satisfaction (High-Low) . Additional filters may have been applied, which impact the results displayed in the table - filters can be applied or removed at any time.

What is an EV electricity plan?


An EV electricity plan is a tariff that has been designed with the charging habits of electric vehicle owners in mind. These kinds of plans typically offer either bill credits or designated charging periods with lower usage rates, to help EV owners offset the additional electricity costs associated with charging their vehicle at home. These kinds of plans are still relatively new in the market so only a few providers currently provide them, although this list looks to be growing.

Which providers offer EV electricity plans?

Is it worth signing up to a dedicated EV electricity plan?


Switching to a dedicated EV electricity plan will definitely have perks for EV owners. Whether it be through the bill credits awarded or the cheaper charging periods set, there is the potential for EV owners to save on energy costs if they take advantage of these kinds of plans.

The biggest savings will come to those that take all the necessary steps to meet the requirements of the plan, e.g. shifting their charging schedule to align with the times of the tariff. EV owners that aren’t comfortable or in a position to do this, may find greater value from another kind of electricity plan. It’s also important to note that, though you may be charged cheaper rates during ‘charging times’, these plans may offer rates that are slightly higher than those available on normal market contracts outside of these times. This means you could be charged more for your day-to-day energy usage.

 

Why compare EV electricity plans with Canstar Blue?


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Providers that offer EV electricity plans


Red Energy RV Saver Plan

Red Energy is offering electric vehicle customers in NSW, VIC, QLD, SA and ACT the ‘Red EV Saver’ plan, which comes with free electricity usage charges between 12pm and 2pm every Saturday and Sunday. EV owners will need to have a smart or interval meter and sign up online to be eligible.

There is no contract term or exit fees and Red Energy has a ‘renewable matching promise’ where for every unit of electricity you buy from them, Snowy Hydro Limited will match it by generating one unit of electricity from a renewable source.

OVO Energy The EV Plan

ovo energy

In New South Wales, South East Queensland, Victoria and South Australia, OVO Energy offers a dedicated electricity plan for EV owners called ‘The EV Plan’. This plan provides customers with free electricity use between 11am and 2pm daily, plus a cheaper electricity rate between the hours of midnight and 6am to help reduce the cost of charging their electric car.

Please note, while customers must own a smart meter in order to access this plan, households can remain on a single rate tariff on certain distribution networks in NSW, VIC, QLD and SA.

ENGIE Energy Night Saver Plan

EV owners in Victoria can get a super off-peak discount of 6c/kWh for charging their EV between 12am and 6am with ENGIE Energy’s EV plan. There are no lock-in contracts or exit fees.

To be eligible, you must have an electric car and a smart meter either already installed or be willing to install one.

Powershop Power Drive Plans

In Victoria, NSW, QLD and SA, Powershop is offering specialised plans for those who own an electric vehicle. In order to be eligible, customers must own a smart meter and move to a time of use tariff, meaning usage charges vary depending on the time of day power is used.

With the Power Drive Day tariff, customers will pay a significantly reduced usage rate for two hours of midday charging each day. If you’re a night charger, the Power Drive plan includes lower charging rates between midnight and 4am.

Momentum Energy EV Does It Plan

Available only in Victoria, Momentum Energy’s EV Does It plan is offered to current electric vehicle owners. It includes lower off-peak rates for customers on a time of use tariff.

EV Does It is a no-contract plan that includes additional benefits, such as a solar feed-in tariff. You will need a smart meter to qualify, and all payments are to be made by direct debit only.

Best EV electricity plans

The quickest way to find out what the best EV plan is in your state is to use the free Canstar Blue tool. You can search by best price, value score or brand satisfaction, depending on which you value more. You can select specific EV plans with the ‘plan features’ button.
Otherwise, we have compiled a list of  available EV plans by state below, listing the cheapest first.

Best EV electricity plan NSW

Currently, Red Energy offers electric vehicle plans to residents in New South Wales. You can see how the retailer’s EV plan compares to its other offers below.

Here are the Red Energy plans on our database for NSW. These are products 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 3,900kWh/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.

Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star star
Brand Satisfaction Glossary
Glossary
21% less
than reference price Glossary
$1,435 Glossary
Red Energy | Red Taronga Flex
Distributed By Distributed By Ausgrid
Basic Plan Information
Red Energy logo
star star star star star
Brand Satisfaction Glossary
Glossary
21% less
than reference price Glossary
$1,435 Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star star
Brand Satisfaction Glossary
Glossary
21% less
than reference price Glossary
$1,435 Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star star
Brand Satisfaction Glossary
Glossary
21% less
than reference price Glossary
$1,435 Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star star
Brand Satisfaction Glossary
Glossary
21% less
than reference price Glossary
$1,435 Glossary
Red Energy | Red Wildlife Saver
Distributed By Distributed By Ausgrid
Basic Plan Information
Red Energy logo
star star star star star
Brand Satisfaction Glossary
Glossary
21% less
than reference price Glossary
$1,435 Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star star star
Brand Satisfaction Glossary
Glossary
1% less
than reference price Glossary
$1,791 Glossary

Best EV electricity plan Victoria

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 Citipower network in Melbourne but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/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.

Distributed By Distributed By Citipower
Energy Fact Sheet
star star star empty empty
Brand Satisfaction Glossary
Glossary
19% less
than VDO Glossary
$1,176 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
Glossary
7% more
than VDO Glossary
$1,554 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
Glossary
12% more
than VDO Glossary
$1,631 Glossary
Red Energy | Red EV Saver
Distributed By Distributed By Citipower
Energy Fact Sheet
Red Energy logo
star star star star empty
Brand Satisfaction Glossary
Glossary
14% less
than VDO Glossary
$1,245 Glossary

Best EV electricity plan QLD

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 Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/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.

Distributed By Distributed By Energex
Basic Plan Information
star star star star star
Brand Satisfaction Glossary
Glossary
6% less
than reference price Glossary
$1,945 Glossary
Distributed By Distributed By Energex
Basic Plan Information
Not yet rated
Glossary
29% more
than reference price Glossary
$2,663 Glossary
Distributed By Distributed By Energex
Basic Plan Information
Not yet rated
Glossary
35% more
than reference price Glossary
$2,796 Glossary

Best EV electricity plan SA

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 SA Power network in Adelaide but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/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.

Distributed By Distributed By SA Power Networks
Basic Plan Information
Not yet rated
Glossary
6% less
than reference price Glossary
$2,107 Glossary
Distributed By Distributed By SA Power Networks
Basic Plan Information
Not yet rated
Glossary
49% more
than reference price Glossary
$3,322 Glossary
Distributed By Distributed By SA Power Networks
Basic Plan Information
Not yet rated
Glossary
56% more
than reference price Glossary
$3,488 Glossary

About our electricity experts


TaraTara Donnelly: Utilities Editor

As Canstar Blue’s Utilities Editor, Tara Donnelly covers the internet, mobile and energy sectors – topics she’s spent a decade focused on, alongside consumer technology, within the comparison industry. Her telco expertise has seen her appear in national media including 9 News, 7 News, Sunrise, the ABC and The Sydney Morning Herald. You can follow Tara on LinkedIn and Twitter.

Meet the Editorial Team

 

 

Breanna Gream

Breanna Gream: Data Insights Team Lead

Breanna Gream is Canstar’s Data Insights Team Lead, and is responsible for developing the methodology and delivering Canstar Blue’s Value Ranking for the energy and telco sectors. She holds a dual degree in Business and Mathematics from the Queensland University of Technology, and enjoys using her skills to help consumers find more suitable utilities plans. Connect with Breanna on LinkedIn.

Meet the Research Team

 

FAQs about EV electricity plans

The cost of charging an electric vehicle will fluctuate depending on personal circumstances, however you can generally expect this to cost less than what it would to refill a petrol car. This is because you’ll be charged per kilowatt hour (kWh) of electricity as opposed to per litre of fuel to replenish the supply for the vehicle. According to some of our previous estimates, in some cases, EV owners may only pay a quarter to a third of their original petrol costs to charge their EV.

No, it is not mandatory to be on an EV electricity plan whilst owning an EV. Rather, these plans are offered as an alternative for customers with these kinds of vehicles who may wish to maximise on additional bill support to help them offset the cost of charging their EV at home.

Almost all EV electricity plans will require customers to have a smart meter installed at their property. This is because many of these plans operate on a similar tariff to that of time of use, with different times charging different rates. A traditional meter is unable to differentiate these time changes in the billing process.

EV electricity plans can be cheaper than some normal market electricity offers, however, whether these plans will actually save EV owners on their bills will depend on how they use their energy. If the EV owner isn’t shifting their usage to make the charging times work in their favour, or meeting the requirements of the bill credits or discounts, then they may find their EV plan to be on par with – or potentially more expensive than – an ordinary market offer.

Unfortunately, no. Currently, Australians have just only a few electric car plans to choose from that provide an added benefit for EV drivers. Check the rates attached to these plans before you sign up.

Important information

For those that love the detail

This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.

Canstar Blue may earn a fee from its Online Partners for referrals from its website tables, and from sponsorship or promotion of certain products. Fees payable by product providers for referrals and sponsorship or promotion may vary between providers, website position, and revenue model. Sponsorship/promotion fees may be higher than referral fees. If a product is sponsored or promoted, it’s an ad and it is clearly marked as such. An ad might appear in different places on our website, such as in comparison tables and articles. Ads may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. The location of an ad doesn’t indicate any ranking or rating by Canstar Blue. Payment of fees for ads does not influence Value Rank or Customer Satisfaction Ratings. See How We Get Paid to find out more.

General Disclosure - Energy 

The data in the table is updated within 24 hours of Canstar Blue becoming aware of a change. You can find a description of the initial sort order below the table. This is the case unless you are in Tasmania, in which case the initial table display is sorted by Value Rank (highest to lowest), then by Price/year including conditional discounts (lowest to highest) and then alphabetically by provider name. You can use the sort buttons at the top of each column to re-order the display. Learn more about our Electricity Value Rank Methodology

Please note that the Brand Satisfaction rating displayed in the table is a rating relating to customers’ overall satisfaction with the brand. It should not be confused with an individual product rating. Learn more about Electricity Brand Satisfaction ratings and for more information on how the Brand Satisfaction ratings are calculated, read the Canstar Blue Most Satisfied Customers Methodology

The results do not include all energy retailers or products in the market and may not compare all features relevant to you. Canstar Blue does not supply electricity or gas services. If you decide to apply for a particular energy product, you will deal directly with the retailer, not with Canstar Blue. Fees, charges, product information and contract terms should be confirmed directly with the relevant retailer. 

Some plans may require you to meet certain conditions before a discount may become available to you. Check the energy provider’s plan information for details of all possible discounts that may apply and any conditions that need to be met for you to be eligible for these discounts.

Sometimes we may display special or bonus offers on our website. These offers are not provided by Canstar Blue. We recommend you confirm the availability of the offer with the product provider prior to applying for any product.

Check your current plan's exit fees and other termination provisions before changing providers.

Some plans may have a minimum term that is longer than one year. In that case the total cost over the term will be much higher than the estimated Price, which is for one year only. Consider the provider’s detailed product and pricing information before making a decision to take out a new plan or switch electricity providers.

Pricing Information 

The Price shown is inclusive of GST and is either:

  • the estimated lowest possible price a representative customer would be charged in one year for this plan, assuming all conditions of discounts offered (if any) have been met, based on the Australian Energy Regulator’s model annual usage in the distribution region as shown at the top of the table; or
  • if you have provided usage data from your electricity bill, the estimated annual amount payable for this plan is based on your individual circumstances.

The estimated Price is based on single rate tariffs, which may also be known as ‘peak tariffs’, ‘peak only’ or ‘anytime’ tariffs, and, if applicable, controlled load tariffs, which may also be known as ‘controlled any time’, ‘controlled load 1’ or ‘controlled load 2’.

For Tasmania only

The general usage for products displayed in the table for Tasmanian postcodes is based on the median electricity usage of customers in Tasmania. The median usages are: 2,947 kWh/year for a Single Rate tariff, and 7,428 kWh/year for a Single Rate + Controlled Load tariff. These usage assumptions are based on the latest Typical Electricity Customers in Tasmania report released by the Office of the Tasmanian Economic Regulator. If the amount of electricity you actually use differs greatly from this estimate, your bill could be significantly larger or smaller than the charges listed for each plan.

What does the ‘phone’ mean?
By clicking on the number next to the phone icon, you will leave the Canstar Blue website and be connected with the call centre of the Online Partner’s brand that you have selected. You will be subject to that referral partner's brand privacy policy and terms of use. You agree that Canstar Blue Referral Terms apply to this referral.