New South Wales Electricity Plans

The likes of GloBird Energy and Nectr are consistently some of the cheapest retailers in NSW. It’s worth noting though that this list is constantly changing thanks to power providers regularly shaking up their offerings. The cheapest electricity provider one day may not be so the next month, so it’s important to regularly compare your rates to ensure you’re on the best deal possible.

Generally, a good usage rate in NSW is 27-28¢/kWh, with a reasonable supply charge sitting at about 90-91¢/day. But ultimately, the best rates are going to come from a retailer that can provide to the needs of your household. If you are part of a smaller, lower usage household, this may be through the use of a cheaper supply charge. For bigger households, this may be the one with the cheapest usage rates.

Financially vulnerable households in New South Wales have options for support in paying their electricity bills. Here is a list of concessions provided by the NSW state government.

• Energy Accounts Payment Assistance Vouchers: Up to $400 available to households experiencing a short-term financial crisis. This is awarded through vouchers that are added directly to power bills.
• Low Income Household Rebate: Low income households are eligible for a yearly $285 concession on their power bills. 
• Seniors Energy Rebate: Seniors in NSW can receive a direct debit of $200 a year to help towards electricity bills. 
• Family Energy Rebate: A power rebate designed for households that receive the Family Tax Benefit. This is worth up to $180 a year.
• Life Support Rebate: This rebate assists those using life support equipment by covering a percentage of the electricity costs associated with their machine’s usage. The amount available to customers will vary depending on the circumstances.
• Medical Energy Rebate: A rebate of up to $285 a year is available on power bills for those who have trouble self-regulating their body temperature due to an illness or disease.

Tariffs describe the method by which your electricity company charges you, so it is important to know and understand your options. In New South Wales, there are a couple of different electricity tariffs available, including:

• Single rate: Electricity rates are the same regardless of the time of day.
• Time of use: Different rates depending on when you use electricity — peak, off-peak, and shoulder periods.
• Controlled load: One or more appliances, such as your hot water system, are metered separately to the rest of the house.

Certain networks in New South Wales also allow access to what is known as a transitional time of use tariff. This kind of tariff acts in a similar fashion to a time of use tariff, however, its peak and off-peak times differentiate based on which season it is.

Canstar Blue makes it easy to compare electricity plans in New South Wales. Compare electricity rates and other features with our comparison tool and find a deal that’s perfect for you. Here’s how it works:

1. Enter your postcode into our comparison tool or upload a past bill and press the search icon on the right-hand side.
2. Filter results by provider, contract length, conditional discount, billing frequency, and plan features. If you have a controlled load, edit the blue text in the white box above the tool and change your tariff type in the ‘refine your search section’. 
3. Sort results by value rank, customer satisfaction or price. 
4. Find your perfect plan and click the green ‘See offer’ button to sign up on the provider’s page.