Electricity price rises and changes in Australia

December 2023

Nectr

In NSW, VIC, QLD and the ACT, Nectr has removed the fixed rates from its 100% Clean offer. This plan now comes with variables rates on an ongoing contract for new customers. The retailer also reduced the solar feed-in tariff on this offer to 0c/kWh for new customers in NSW, QLD and the ACT. Victorian customers however, can still nab a 4.9c/kWh solar feed-in tariff on this offer. Nectr has also removed the fixed rates from the GreenPower plan in the ACT.

Additionally, the retailer has introduced a sign-up credit on its 100% Clean plan for new customers in NSW, VIC, QLD and the ACT. This is worth $50 and will be awarded to customers on their second bill.

EnergyAustralia

In NSW and Victoria, EnergyAustralia has changed the guaranteed discount amount available on the Flexi Plan. This discount is valid on the usage and supply charges. Flexi Plan remains EnergyAustralia’s most competitive offer in these states.

Red Energy

In Queensland, Red Energy has changed the rates on its Living Energy Saver, Qantas Red Saver and Red Solar Saver plans. It has also adjusted the solar feed-in tariffs available across all three of these offers. Red Energy is now offering slightly cheaper electricity prices in the state as a result.

Sumo

Sumo has switched off its Standing Offer plans for customers in New South Wales.

AGL

AGL has lowered rates on its Value Saver and Netflix market offers in New South Wales and Victoria. It has also introduced a $75 sign-up credit on its Netflix Plan in NSW, VIC, Queensland and South Australia.

Origin Energy

In Victoria, Origin has reduced rates on its Go Variable, Go Solar Variable, and Everyday Rewards Variable market offers. The retailer has also extended its $150 bill credit offer to March 2024 in New South Wales, South Australia and south-east Queensland.

Energy Locals

Energy Locals has switched off its market offer and standing offer plans for new customers in South Australia. Plans are still available in all other states serviced by the retailer. Energy Locals has also introduced its Online Member – Summer Special plan for new customers in Victoria. This plan comes with a $150 loyalty credit, to be applied to customers’ accounts after six months with the retailer.

Amber Electric

Amber Electric has retired its previous market offer for CommBank customers in New South Wales, Victoria, south-east Queensland and South Australia, replacing it with four new plans in each state. These include the CommBank – Variable Prices, CommBank Everyday – Variable Prices, CommBank Everyday Plus – Variable Prices, and CommBank Homeowner – Variable Prices plans. All of these offers come with welcome credits of up to $180 for new customers. The retailer has also decreased usage rates for its Amber Plan – Variable Wholesale Prices.

Alinta Energy

Alinta Energy has added a new market offer, the BetterDeal plan, in New South Wales, Victoria, south-east Queensland and South Australia. This plan includes a discount off your usage, provided you sign up for monthly eBilling and online communications. It currently comes with a $100 bonus credit in NSW, SA and VIC, and a $50 credit in QLD.

1st Energy

1st Energy has withdrawn its 1st Saver – 32% Guaranteed Discount market offer in Victoria. The retailer has also removed the 10% guaranteed discount and changed the rates on its 1st Saver Online offer in VIC.

November 2023

OVO Energy

OVO Energy has introduced two new market offers in Queensland and South Australia: The Free 3 Plan – Free Energy Between 11am and 2pm Everyday, and the Basic Free 3 Plan – Free Energy Between 11am and 2pm Everyday. These plans include free electricity usage between 11am and 2pm on single rates only.

GloBird Energy

GloBird has increased rates across all of its market offer in New South Wales, south-east Queensland, and South Australia. This includes its Boost, GloSave, GreenLight, Glogreen and Ultra Save plans.

1st Energy

1st Energy has introduced its 1st Saver market offer in south-east Queensland, a variable rate plan with a guaranteed discount.

AGL

AGL has added a new Netflix Plan in New South Wales, Victoria, south-east Queensland and South Australia. This variable rate offer includes an ongoing Netflix Standard with ads subscription, or a discount on Netflix Standard and Netflix Premium.

Energy Locals

Energy Locals has removed its Online Member market offer in South Australia. The plan is still available in NSW, QLD and VIC.

Red Energy

Red Energy has reduced usage and supply rates across its market offers in New South Wales, including its Qantas Red Saver, BNCA Saver, Red Taronga Flex, Red EV Saver and Living Energy Saver plans.

EnergyAustralia

EnergyAustralia has removed its Flexipower market offer across New South Wales, Victoria, south-east Queensland and South Australia. This makes the Flexi Plan EnergyAustralia’s most competitive offer in these states.

Dodo

Dodo has increased usage and supply rates on its market offers in New South Wales and south-east Queensland, resulting in significant price drops for customers.

Alinta Energy

Alinta has withdrawn its Sport Pack offer in Victoria. This plan included a 12-month Kayo Basic subscription, but has now been removed across all states.

Powershop

Powershop has introduced its Switch Saver to new customers in QLD. This offer gives eligible customers a one-off $150 bill credit. The retailer also introduced its new flagship offer, Power House, to customers in SA, and re-named its 100% Carbon Neutral plan to Power Offset in NSW, VIC, QLD and SA.

Red Energy

In Victoria, Red Energy has increased the solar feed-in tariff available on all its market offers to 7c/kWh. Previously, this was set at the state’s minimum rate, 4.9c/kWh.

Alinta Energy

Alinta has withdrawn its Sport Pack market offers in New South Wales, Queensland and South Australia, although the offer is still available to Victorian customers. This plan includes a 12-month subscription to Kayo Basic.

EnergyLocals

Energy Locals has adjusted the membership fees and discounts on its Online Member plan in South Australia. This is a variable plan that gives customers access to wholesale usage rates.

Amber

Amber has changed the rates on its Amber Plan in NSW, VIC, QLD, SA and the ACT. This plan offers variable wholesale prices in exchange for a monthly membership fee.

OVO Energy

In VIC, OVO Energy has extended the fixed energy rates on its market offers. Now, customers who sign up to The One Plan, The Basic Plan, The EV Plan or The Basic EV Plan between November 1, 2023 and November 30, 2023, will be eligible for fixed electricity rates until December 1, 2024.

The retailer has also removed The Solar Plan for new customers in the state. This plan offered higher solar feed-in tariffs to eligible solar customers.

Lumo Energy

In VIC, Lumo Energy has removed its Value plan from market for new customers. This was a fixed rate plan that locked in electricity rates for 12 months.

AGL

In NSW and VIC, AGL has changed the rates on its Value Saver offer. The retailer also made changes to the rates offered on the Senior Savers plan in VIC for new customers.

October 2023

Sumo

In QLD, Sumo has removed its Freedom offer for new customers. Residents in the state now have a choice between the retailer’s Assure plan or its standing offer.

GloBird Energy

In NSW and VIC, GloBird Energy has changed the rates on its Boost, GloSave, GloGreen and Green Light plans. The retailer also changed the rates on its Ultra Save and Solar Plus plans in NSW. GloBird Energy remains one of the cheapest electricity providers for households in each state.

Kogan Energy

Kogan Energy has changed the rates on its market offers in NSW and VIC. The retailer has also changed the name of its plans in these states, as well as in QLD and SA. These plans are now called ‘Kogan Energy with Free First’ and Kogan Energy for Current First Members’. The first offer comes with a 12-month complimentary membership to Kogan First, whereas the second offers a $99 one-off bill credit to exisiting First members when they sign up to Kogan’s energy plan.

CovaU

In Victoria, CovaU has retired its Super Saver Online plan for new customers in the state. This offer came with a $50 sign-up credit and variable rates.

Powershop

Powershop has introduced a new plan in NSW and VIC called Power House. This is now the retailer’s flagship offer in these states, replacing the 100% Carbon Neutral plan in market. The retailer has also removed the 100% Carbon Neutral plan in QLD and SA.

Switch Saver is still available to customers in NSW and VIC and comes with a $150 one-off bill credit for eligible new Powershop customers.

AGL

In QLD, AGL has decreased its rates on its Value Saver and Seniors Savers plans. The Seniors Saver plan is a plan designed specifically with seniors concession card holders in mind.

Amber

Amber has decreased the usage rates on its Amber Plan – Wholesale Variable Prices plans in NSW, VIC, QLD, SA and the ACT. This has resulted in small price drops for these plans in each state or territory. This plan gives customers access to wholesale electricity prices in exchange for a monthly membership fee.

Sumo

Sumo has increased its supply and usage rates for its Assure plan in QLD, resulting in an overall price increase, and decreased the solar feed-in tariff available on this plan.

GloBird Energy

In SA, GloBird Energy has reduced the rates on its GloSave, Boost, GloGreen, Green Light and UltraSave plans. This has resulted in an overall price drop for all these plans in the state. GloSave is now one of the cheapest electricity offers available to households in SA.

OVO Energy

In Victoria, OVO Energy has reduced the rates on its The EV Plan for new customers. This plan offers a discounted usage rate between midnight and 6am to help EV drivers offset the costs of home charging. The retailer has also added fixed rate energy options to all its market offer in the state. Eligible customers who sign up between October 1, 2023 and October 31, 2023 will now receive fixed rates until November 1, 2024.

Origin Energy

Origin has changed the solar feed-in tariff on the Solar Boost plan in NSW, VIC, QLD, SA and the ACT. This feed-in tariff is now 15c/kWh for the first 14kWh/day for VIC, SA and the ACT and 16c/kWh for the first 14kWh/day for NSW and QLD. After this time, the feed-in tariff will revert back to the standard cost depending on location. There were no changes to the base rates for this offer.

Origin has also retried its Solar Lite Variable product from market in NSW, QLD and SA. This was the retailer’s low cost, low solar feed-in tariff plan for solar customers.

September 2023

Simply Energy

In NSW, Simply Energy has added a $200 sign-up credit to its market offers and a $300 sign-up credit to its NRMA specialty offers. The retailer has also added a $100 sign-up credit to its market offers in SA. These credits will be applied as a one-off to eligible customers’ bills. As a result of this change, Simply Energy’s plans are now considerably cheaper across NSW and SA.

EnergyAustralia

EnergyAustralia has removed its Solar Max plan from market for new customers in NSW, VIC, QLD, SA and the ACT. This offer was the retailer’s specialty solar plan which rewarded customers with a boosted solar feed-in tariff for the first 15kWh of exports each day. EnergyAustralia is still offering generous feed-in tariffs on its standard market offers though.

OVO Energy

OVO Energy has increased the Welcome Credit on its market offers across NSW, VIC, QLD and SA. This is now worth $100 and is available to new customers when they sign-up. The credit will be paid in 12 monthly instalments.

GloBird Energy

In VIC, GloBird Energy has increased the rates on its GloGreen and Green Light plans. Its cheapest offer in the state however, remains as Boost.

AGL

In NSW, AGL has removed its $100 sign-up credit from the Value Saver and Solar Savers plans. This credit was awarding $25 every three months for eligible customers.

Energy Locals

In NSW and VIC, Energy Locals has changed the rates on its Online Member and Locals Member plans. The retailer has also reduced the solar feed-in tariff on these offers to a flat 5c/kWh in both NSW and VIC. Online Member is now one of the cheapest electricity plans available to households in NSW.

GloBird Energy

In NSW, GloBird Energy has reduced the rates across all its market offers in the state. This has resulted in an overall price drop for these plans, with GloSave now one of the cheapest offers available to households in NSW.

Origin Energy

Origin has introduced a new solar plan in NSW, VIC, QLD, SA and the ACT. The variable rate Go Solar Variable offer is open to customers with a net metered solar PV system, who aren’t already receiving a government funded feed-in tariff.

OVO Energy

OVO Energy has re-introduced its The Basic Plan in QLD and SA. The retailer has also brought back its The Basic EV Plan in SA for customers with an electric vehicle. This plan offers customers a cheaper usage rate between the hours of midnight and 6am everyday to help alleviate charging costs.

Tango Energy

In QLD, Tango Energy has introduced its eSelect plan for new customers. This plan offers competitive rates to customers who agree to direct debit payments and monthly e-billing. eSelect comes with variable rates on an ongoing contract.

EnergyAustralia

EnergyAustralia has launched a new plan – Flexipower – in NSW, VIC, QLD, SA and the ACT. This offer comes with variable rates on a 12-month benefit period and a competitive guaranteed discount off usage and supply charges. To be eligible for this offer however, customers will need to agree to e-billing, email communication and use of EnergyAustralia’s bill smoothing program, Regular Pay. Flexipower is now the retailer’s most competitive offer in each state and territory.

Additionally, the retailer has changed the rates on its Flexi Plan in NSW, QLD and VIC.

Lumo Energy

In Victoria, Lumo Energy has changed the rates on its Basic and Plus plans. These plans both offer variable rates on an ongoing contract with no exit fees if you decide to switch. Basic however, offers slightly lower usage and supply rates for customers than Plus, making it the more attractive plan of the two.

Dodo

In Victoria, Dodo has reduced the rates on its Market Offer plan. This is the retailer’s flagship offer and the change has resulted in an overall price drop for prospective customers interested in this plan.

Amber

Amber has increased the usage rates on its Amber Plan offer in NSW, VIC, QLD, SA and the ACT. This has resulted is a small overall price rise for this plan in each area. The Amber Plan offers variable wholesale prices to customers and access comes at a monthly cost of $19 to cover subscription fees.

GloBird Energy

In NSW, GloBird Energy has changed the rates on its Boost, GloSave, GloGreen, Green Light and UltraSave products. The retailer also changed the rates on its Boost, GloSave and Green Light in Victoria. Boost remains GloBird Energy’s cheapest offer in Victoria, while customers in NSW can score its cheapest rates on its GloSave offer.

Origin Energy

In QLD and NSW, Origin Energy’s Solar Lite Variable, Everyday Rewards Variable and Go Variable electricity plans have seen rate changes, resulting in some decreased overall prices. The retailer has also changed the rates on its Everyday Rewards Variable plan in Victoria.

August 2023

Sumo

Sumo has added a $100 sign-up credit to the Sumo Assure plan in Victoria and QLD and the Sumo Lite plan in Victoria. This credit will be paid over eligible customers’ first four bills, to the amount of $25 each time.

Nectr Energy

Nectr Energy has increased its rates for its 100% Clean plan for QLD and NSW customers. The plan remains one of the cheaper electricity plans currently on offer in NSW.

Lumo Energy

Lumo Energy has reintroduced its Basic and Plus market offers in Victoria, both of which are significantly cheaper than the reference price.

Momentum Energy

Momentum Energy has reduced the usage rates on its Nothing Fancy offer in NSW, VIC, QLD and SA. This has resulted in an overall price drop for this plan in these states.

Simply Energy

Simply Energy has changed its rates on its Simply Blue Perks plan in both NSW and QLD, including its solar feed-in tariff.

AGL

In NSW, AGL has increased the new customer sign-up credit to $100 for both electricity and gas plans. This credit will be paid every three months in $25 increments on customers’ bills. The credit is also available to customers who are moving house.  Previously the retailer was offering $75 bill credit per fuel type to new customers.

Alinta Energy

Alinta Energy has introduced a Carbon Balance plan for customers in VIC, QLD, NSW and SA. This plan aims to reduce the carbon footprint by offsetting the carbon emissions associated with the energy plan through offset units eligible under the Climate Active Carbon Neutral Standard.

Sumo

In QLD, Sumo has re-introduced its Assure and Freedom plans back to market for new customers. Assure requires customers to sign-up online and pay via direct debit in order to access cheaper rates, while Freedom offers more flexible options. Both plans come with variable rates and no exit fees.

Energy Locals

In SA, Energy Locals has reduced the usage rates on its Online Member and Local Member plans. This has resulted in an overall price reduction for these plans. The retailer has also reduced the solar feed-in tariff on these offers to 6c/kWh. Previously, this was worth 9.5c/kWh for the first 10kWh/day.

Online Member is now one of the cheapest electricity offer available to households in SA.

Red Energy

In Victoria, Red Energy has lowered usage and supply rates across its market offers, including its BCNA, Red EV Saver, Qantas Red Saver and Living Energy Saver offers. This has resulted in lower pricing.

Lumo Energy

Lumo Energy has turned off its Plus plan for customers in Victoria and decreased the rates for its Value plan. In SA, both Value and Plus plans have seen an overall price increase.

Origin Energy

Origin has increased the rates across its market offers in Victoria, resulting in higher pricing.

EnergyAustralia

In south-east Queensland, EnergyAustralia has reduced both usage and supply rates on its Flexi Home market offer, making it considerably cheaper than before.

OVO Energy

OVO Energy has withdrawn its Basic market offers in South Australia, including its Basic EV and Basic Solar plans. However, its The One market offer is still available.

Nectr

In Victoria, Nectr has reduced the rates on its 100% Clean offer. This plan comes with fixed rates on a 12-month contract, with 100% carbon neutral energy at no additional cost. 100% Clean is currently one of the cheapest electricity plans on offer to households in the state.

Tango Energy

In NSW, Tango Energy has significantly increased the rates on its flagship offer, Home Select. This has resulted in a big overall price jump for this plan, knocking it off the list of cheapest electricity plans in the state.

GloBird Energy

GloBird Energy has changed its rates across plans in NSW, QLD, SA and VIC. NSW, QLD and SA plans saw an overall price increase while prices in VIC were reduced.

Powershop

Powershop has re-introduced its Switch Saver offer for new customers in NSW, VIC and QLD. This plan comes with similar rates to the retailer’s flagship offer, 100% Carbon Neutral, and awards new sign-ups with a one-off $150 bill credit.

OVO Energy

OVO Energy has increased the rates across all its market offers in New South Wales, Victoria, south-east Queensland and South Australia, resulting in higher prices.

Momentum Energy

In Victoria, Momentum Energy has reduced the rates on its Nothing Fancy offer for new electricity customers. The retailer has also reduced the rates on its natural gas counterpart. Nothing Fancy requires customers to agree to e-billing and direct debit payments to be eligible.

Red Energy

Red Energy has increased the rates on its Red Fixed Saver plan in New South Wales, resulting in higher prices.

Nectr Energy

Nectr has decreased its supply and usage rates for the 100% Clean market offer in New South Wales and Queensland.

Arcline by RACV

Arcline has increased the rates on its Energy Plan Plus market offer in Victoria.

Sumo Energy

Sumo has increased the rates on its Sumo Assure plan in Victoria.

Amber Electric

Amber has slightly decreased the usage rates for its offers in SA, NSW, ACT and QLD.

Momentum Energy

Momentum Energy has adjusted its rates across plans in QLD, NSW and SA which has resulted in some overall price decreases.

AGL

AGL has slightly increased the usage and supply rates for market offers in Victoria, including its Senior Savers plan.

Tango Energy

Tango Energy has increased its rates for its Home Select Plans for both gas and electricity in Victoria. It has also reintroduced its eSelect plans for Victorian customers.

CovaU Energy

CovaU has increased prices on its Freedom plan for customers in Queensland and removed the Online Offer sign-up credit.

GloBird Energy

GloBird has increased its rates on all market offers in New South Wales, including its GloSave, Boost, Green Light, UltraSave and GloGreen plans.

Energy Locals

Energy Locals has introduced a new sign up bonus for interested customers in Victoria. This is available on the retailer’s Online Member plan and rewards customers with $100 bill credit on their first bill. To be eligible, however, customers must agree to join the retailer’s insights program.

In NSW and SA, the retailer is waiving the first six months of membership fees for new customers. This is also applicable on the Online Member plan.

Red Energy

Red Energy has increased its rates across plans in QLD, SA and NSW, resulting in price increases in all three states.

OVO Energy

OVO Energy has reduced the sign-up credit across its market offers in NSW, VIC, QLD and SA to $50, paid over 12 months. Previously this credit was worth $100, paid over 12 months. Its Telsa giveaway remains active until August 31, 2o23.

EnergyAustralia

EnergyAustralia has changed the rates on its market offers in the ACT and QLD. It has also removed its sign-up credit from plans in NSW and reduced the credit on the Flexi Plan in SA to $25.

CovaU Energy

CovaU has removed its plans in SA and changed prices on its Freedom plans in NSW and TAS. Its Online Offer sign up credit has also been removed for new customers in NSW.

Origin Energy

Origin has re-introduced a sign up credit for customers interested in switching to the Go Variable or Everyday Rewards Variable plans in NSW, QLD, SA and the ACT. This credit is worth $100 and will be awarded to customers if they stay with the provider until November 1.

July 2023

Simply Energy

In QLD, Simply Energy has removed its Simply Basics plan to new customers and replaced it with its Simply Energy Saver plan. The retailer has also re-introduced its Simply Seniors and Simply Energy Solar plans for new customers in the state.

Additionally, Simply Energy has increased the rates on its Simply Energy Saver plan in NSW.

AGL

AGL has lowered rates on its market offers in New South Wales and Victoria, resulting in price decreases in both states.

GloBird Energy

In QLD, GloBird Energy has increased the rates across all its market offers. This has resulted in a slight overall price jump for these offers.

Sumo

Sumo has made some changes to its plans in NSW, VIC, QLD and SA. In NSW, the retailer has removed its Sumo Lite product from market and re-introduced its Sumo Freedom plan for new customers. In QLD, Sumo has removed its Sumo Assure Advantage plan for new customers in the state. The retailer has also changed the rates on its offers in SA and VIC in line with the default power increases in these states.

Diamond Energy

Diamond Energy has increased the usage rates on its Everyday Renewable Saver plan in NSW, QLD and SA. The retailer has also changed the rates on its Standing Offer plan in these states as well as VIC, in line with the new DMO and VDO released on July 1.

Simply Energy

Simply Energy has increased prices on its NRMA, Energy Saver and For Good plans in NSW, VIC, QLD and SA. The retailer also removed some of its RAA plans for SA customers.

Nectr

Nectr has reintroduced its 100% Clean market offers in NSW and QLD, and increased rates on its standard and market offers across all states. The retailer also reduced its solar FiT on its Victorian standing offer from 5.2c/kWh to 4.9c/kWh.

Tango Energy

Tango Energy has removed its standing offers in QLD and SA as well as the eSelect plan in VIC. This means that it only currently has one market offer available for customers in VIC and NSW, the Home Select plan.

Lumo Energy

Lumo Energy has changed the rates on its Standing Offer in SA and its Victorian Default Offer in VIC as per the default changes which came into effect on July 1. The retailer has also decreased the solar feed-in tariff on its Value and VDO plan in Victoria, in line with the new minimum feed-in tariff. Additionally, Victorian customers can now sign up to the Plus plan in the state again. This offer comes with variable rates and waives connection and disconnection fees for customers when they move house.

GloBird Energy

GloBird Energy has increased its prices for all market offers in NSW and SA as well as its SureSave plan in VIC. QLD market offers saw an increase in the standard solar FiT from 4c/kWh to 5c/kWh, however the standard solar FiT in VIC was reduced from 5.2c/kWh to 4.9c/kWh.

AGL

AGL has increased rates across all of its market offers in NSW, VIC, QLD and SA, including its Value Savers and Basic plans. This has resulted in price increases across all states, however sign-up credits are still available to customers on selected plans in NSW, VIC and QLD.

Alinta Energy

Alinta Energy has changed the rates on its Home Deal, Sports Pack and Standing Offer plans in NSW, VIC and QLD. In SA, the retailer has reintroduced the Home Deal and Sports Pack for new customers as well as increased the rates on its Standing Offer, in line with DMO changes in the state. Victorian customers have also been doled a new sign-up incentive that’ll see $75 taken off their first bill after signing up. Please note this credit is only available for new customers that sign up before September 30, 2023.

Dodo

Dodo has raised its prices across its market offer plans in VIC and NSW.

Kogan Energy

Kogan Energy has raised rates across its market offer Kogan Energy With Free Kogan First and Kogan Energy For Current Kogan First Customers plans in NSW, VIC, QLD and SA, meaning all offers have increased in price.

Energy Locals

Energy Locals has changed the rates on its Local Member and Online Member market offers in NSW, VIC, QLD and SA. It has also adjusted its Online Member – Limited Time Offer in NSW to include a $50 refer a friend credit.

1st Energy

1st Energy has changed the rates on its market offers across Victoria. It has also retired its 30% guaranteed discount version of the 1st Saver plan to new customers for the time being. In Tasmania, the retailer has increased the rates across its market offers. It has however, also increased the solar feed-in tariff it is offering on both its standard plans and solar-specific plan in the island state.

Momentum Energy

Momentum Energy has increased rates across its standing offers in NSW, VIC, QLD and SA, and has also adjusted service fees in each state. This has resulted in all plans increasing in price.

Powershop

Powershop has changed the rates on its 100% Carbon Neutral offer in NSW, VIC, QLD and SA. The retailer has also changed the solar feed-in tariff on this offer for these states, with NSW, QLD and SA now awarded 5c/kWh, whilst Victorians can score 5.2c/kWh.

OVO Energy

OVO Energy has changed the rates across all its offers in NSW, VIC, QLD and SA. The retailer has also reduced its current sign-up credit, the Welcome Credit, to $100, which is paid over 12 monthly installments. Previously this credit was worth $190.

EnergyAustralia

EnergyAustralia has raised default offer prices in NSW, SA and VIC in line with July 1 DMO and VDO price changes, and has also increased rates across its market offers in each state. It also added a $50 online sign-up credit for Flexi and Solar Max plans in SA.

Origin

Origin has raised default offer prices in NSW, QLD, SA and VIC in line with July 1 DMO and VDO price changes, and has also increased rates across its market offers in each state. This has resulted in significant price rises across all plans.

June 2023

GloBird Energy

In Victoria, GloBird Energy has significantly increased the rates across all its market offers. This has resulted in massive overall price hikes for all of these plans. Its gas offers in the state have also seen an increase.

Nectr

Nectr has removed its Greenpower plan from market to new customers in NSW, QLD and SA. The retailer has also removed its flagship 100% Clean offer from market in the ACT. Greenpower is still available to new customers in the ACT, while 100% Clean is still on offer to new Victorian customers.

GloBird Energy

GloBird Energy has decreased the rates across all its market offers in NSW, QLD and SA. This has resulted in significant price reductions for these offers, making them among the cheapest available in each relevant area. GloBird Energy had also changed the price of its gas offers in these states.

Momentum Energy

Momentum Energy has changed the rates on its Nothing Fancy and Suit Yourself offers across NSW, QLD and SA. In NSW, this change has resulted in a slight decrease in prices, whilst in QLD and SA it has meant an increase for overall prices. The retailer has also significantly increased the rates on its Nothing Fancy offer in Victoria.

1st Energy

1st Energy has increased the price of its 1st Saver plan in NSW. The conditional discount remains, offering a small percentage discount for customers who pay their electricity bill on time. The retailer has also introduced a new variation of its 1st Saver plan to customers in Victoria. This variation comes with a 30% guaranteed discount off usage charges.

Lumo Energy

In Victoria, Lumo Energy has significantly increased the rates on its Value plan. This is a fixed rate electricity plan, with a rates locked in until August 31, 2024. The retailer has also retired its Basic plan for new customers in the state.

EnergyAustralia

EnergyAustralia has removed the sign-up credit from its Flexi Plan, Balance Plan Home and Solar Max products in QLD and SA, as well as the Balance Plan Home offer in NSW. The retailer, however has upped the sign-up credit to $75 for the Flexi Plan and Solar Max products in NSW. This sign-up credit is for new customers on these offers.

Dodo

Dodo has reintroduced its Market Offer for new customers in south-east Queensland. This is a variable rate plan with no fixed term or exit fees, with higher rates than Dodo’s Standing Offer.

GloBird Energy

GloBird Energy has significantly increased the rates on across all its market offers in New South Wales, south-east Queensland and South Australia. These changes have resulted in an overall price increase for these offers. The retailer has also decreased the solar feed-in tariff on its Solar Plus plan in NSW from 17c/kWh for the first 8kWh/day, 3c/kwh thereafter, to 15c/kWh for the first 8kWh/day, 6c/kwh thereafter.

AGL

AGL has reduced rates on its popular Value Saver plan in Victoria, making it one of the cheapest plans available for customers in the area. The retailer also continues to offer a $75 sign-up credit to new customers on this plan.

Tango Energy

Tango Energy has brought back its Home Select plan to new customers in NSW. This plan offers variable rates on an ongoing contract with no exits fees. The retailer has also significantly decreased the rates on its eSelect plan in Victoria for new customers. eSelect is now one of the cheapest plans available for households in Melbourne, living on the CitiPower network.

GloBird Energy

GloBird increased rates on its Boost, Glosave, Greenlight and Glogreen plans in Victoria, meaning prices have risen for customers in the state. Pay-on-time and direct debit discounts are still available on selected plans.

Sumo

In QLD, Sumo has increased the sign-up credit on its Sumo Assure Advantage plan to $100. This credit was previously worth $40. Sumo Assure Advantage remains one of the most competitive offers for customers in south-east Queensland on a single-rate tariff.

Momentum Energy

Momentum Energy has raised rates across its Nothing Fancy and Suit Yourself market offers in New South Wales, south-east Queensland, and South Australia, resulting in significant price increases in each state.

EnergyAustralia

EnergyAustralia has significantly decreased the rates on its Flexi Plan offer for households in Victoria. The retailer has also added a $50 sign-up credit to its Flexi Plan, Balance Plan Home and Solar Max products in QLD and SA. This has resulted in an overall price decrease for these offers in each of the states.

May 2023

OVO Energy

OVO Energy has introduced a new electricity plan exclusively for electric vehicle owners. The EV Plan, available to households in Victoria, QLD, SA and parts of NSW will award a significantly cheaper usage rate to EV owners between the hours of midnight and 6am, as a means to help offset charging costs. The plan also comes with a boosted solar feed-in tariff of 10c/kWh and is applicable for OVO Energy’s $190 bill credit. Households will require a smart meter and electric vehicle to be eligible though.

GloBird Energy

In QLD, GloBird Energy has increased the rates on its Boost, GloSave, GloGreen, Green Light and UltraSave market offers. This has resulted in overall price jumps for all plans. GloSave is now the cheapest of the retailer’s offers in the state, coming with additional discounts for customers who pay their bills on time and via direct debit.

Energy Locals

In NSW, Energy Locals has reduced the usage rate on its Online Member plan for new customers. This has resulted in a significant price reduction for this offer in the area. The Online Member plan is also now applicable for a $50 bill credit to customers who refer a friend to Energy Locals in NSW and SA.

AGL

AGL has adjusted the sign-up credits offered on its Value Saver plans in NSW and VIC, and its Basic plan in NSW. The provider has also re-introduced its Value Saver plan in Queensland, along with a $50 online sign-up credit. Solar customers can also enjoy a larger feed-in tariff of 15c/kWh for the first 14kWh per day, across all states.

OVO Energy

OVO Energy has introduced its The Basic Plan to households in NSW, QLD and SA. This plan is similar to the retailer’s flagship offer, The One Plan, with the main difference being that customers don’t have to agree to direct debit payments to be eligible for this offer. OVO Energy has also added its The Solar Plan and The Basic Solar Plan for households in VIC, QLD, SA and parts of NSW. This plan offers a boosted feed-in tariff to eligible solar customers for the first 4,000kWh of exports each year.

Origin Energy

Origin has reduced the rates on its Go Variable and Everyday Rewards Variable plans in Victoria and Queensland. This has resulted in an overall price drop for these offers. The retailer has also increased the bill credit on these offers from $100 to $150 in NSW, QLD, SA and the ACT. This credit however, won’t be awarded to customers until after July 1.

GloBird Energy

In New South Wales, Queensland, and South Australia GloBird Energy removed its $50 online sign-up credit on across Boost, GloSave, Green Light, GloGreen and UltraSave plans for new customers. GloBird also adjusted rates across these plans in each state, meaning most prices have dropped slightly.

EnergyAustralia

In Victoria, EnergyAustralia has removed the $50 sign-up credit from the Flexi Plan, Balance Plan Home and Solar Max offers for new customers. This has seen these plans increase in price overall. EnergyAustralia however, remains the cheapest of the ‘big three’ providers for customers in Melbourne, despite this change.

OVO Energy

OVO Energy has upped the online sign-up credit on its The One Plan and The Basic Plan to $190 in NSW, VIC, QLD and SA. This credit is paid to customers over 12 months. Previously the credit was worth $120. Prices on these plans have dropped in each state as a result.

Momentum Energy

In Victoria, Momentum Energy has reduced the rates on its Nothing Fancy offer. This has resulted in an overall price drop for the plan, making it one of the cheapest offers currently available to Victorian households.

Sumo

In NSW, Sumo has retired its Sumo Assure plan from market to new customers. This was an online only plan where customers had to agree to direct debit payments, e-billing and sign up online to be eligible. It also had a small sign-up credit for new customers in the state.

April 2023

Globird Energy

In Victoria, GloBird Energy has reduced the rates on its Boost, GloSave, Green Light and GloGreen offers. This has resulted in an overall price drop for these plans in the state, now making them some of the cheapest offers available to households.

Lumo Energy

Lumo Energy has increased rates on its Value plan in Victoria, leading to higher prices for customers. It has also adjusted the end date for this plan’s fixed rate period, extending it through to June 30, 2024.

EnergyAustralia

EnergyAustralia has increased the guaranteed discount on its Flexi Plan to 10% in New South Wales, causing a significant decrease in pricing. This plan also includes a $50 online sign-up credit.

The company has also added a $50 online sign-up credit to its Balance Plan Home and Solar Max options in both New South Wales and Victoria.

Origin Energy

Origin Energy has added a $100 online sign-up credit to its Go Variable and Everyday Rewards Variable offers across NSW, QLD and SA. This credit will be awarded to customers on their first bill after July 1. The introduction of this credit, in addition to rate changes in SA and NSW, has seen these plans reduce significantly in price in these three states.

These same plans have also seen a noticeable price drop in Victoria however, this was solely due to a change in usage and supply rates. There is currently no sign-up credit on Origin’s offers in Victoria.

GloBird Energy

GloBird Energy has increased its rates for all of its market offers in Victoria. In addition, the $110 online sign-up credit has been removed from the Boost, GloSave, Green Light and GloGreen plans. However, the SureSave $220 online sign-up credit remains.

CovaU Energy

CovaU Energy has added a 5% guaranteed discount to the usage charges on its Freedom Online and Super Saver Online offers in NSW, VIC, SEQ and SA. This has resulted in a small price drop for these plans in these states. A $50 online sign-up credit is also currently available on these offers.

AGL

AGL has increased the sign-up credit for its Seniors Saver plans in both New South Wales and Victoria. Customers in NSW will receive a $75 credit, while in VIC customers can claim $100. This is up from the $25 credit previously offered, and currently still available to customers in Queensland and South Australia.

EnergyAustralia

EnergyAustralia has changed the guaranteed discount on its Flexi Plan in Victoria to 11% off usage and supply charges. The retailer has also introduced a $50 online sign-up credit for new customers who sign up to this plan in the state. Both these changes have seen the plan drop significantly in price.

1st Energy

In Victoria, 1st Energy has released two new variations of the 1st Saver plan. One variation comes with a higher 23% guaranteed discount off usage charges while the other offers a 15% discount. Both plans however, offer variable rates on a no lock-in contract.

GloBird Energy

In Victoria, GloBird Energy has re-introduced its Boost, GloSave, Green Light and GloGreen plans to new customers in the state. These offers have been brought back with the added bonus of a $110 sign-up credit for customers who sign-up online. Further north, the retailer has also introduced its Solar Plus plan to customers in SEQ. This offer is marketed towards households with solar panels, coming with a boosted feed-in tariff for a portion of customers’ daily solar exports.

AGL

In Victoria, AGL has upgraded the online sign-up credit on the Value Saver and Basics plans in the state to $75. Previously, this credit was $50. This change has resulted in an overall price drop for the provider in the state. The retailer has also increased the solar feed-in tariff on its solar specific electricity plan, Solar Savers, to 12c/kWh for the first 14kWh/day. Previously, this was 10c/kWh for the first 14kWh/day.

March 2023

Origin Energy

Origin Energy has changed the solar feed-in tariff on its Solar Boost offer. This plan now offers 12c/kWh for the first 14kWh/day. After this limit, it reverts to 5c/kWh. The new feed-in tariff is applicable on this offer across NSW, VIC, SEQ, SA and the ACT.

Momentum Energy

Momentum Energy has significantly dropped the rates on its Nothing Fancy plan in NSW, VIC, SEQ and SA. This is the retailer’s flagship offer with variable rates and no lock-in contracts. To be eligible for this offer however, customers must agree to ebilling and paying via direct debit.

Lumo Energy

In Victoria, Lumo Energy has slashed the rates on its flagship offer, Basic. This is variable rate plan with no lock-in contracts or exit fees. Basic is now one of the cheapest plans available to households in the Melbourne area.

Energy Locals

In New South Wales, Energy Locals has introduced a new credit on its Online Member plan for new customers. This credit is equivalent to about $14.99/month and essentially waives the monthly membership fee for new customers for the first six months. Customers have until June 30, 2023 to access this discount.

GloBird Energy

GloBird Energy has reduced the rates across all its market offers in South Australia. This has resulted in a small overall price drop for these plans in the state. In Victoria, the retailer has introduced a $220 online sign-up credit on its SureSave plan. This credit will be awarded on customers’ bills after six months with the provider. SureSave is currently the only market offer available to Victorian customers.

AGL

In Victoria and New South Wales, AGL has introduced a $50 online sign-up credit to its Value Saver and Basics plans. This has seen a slight price reduction for these plans in these states. AGL has also retired its Flexible Saver plan from market to new customers in NSW, VIC, Queensland and South Australia.

Momentum Energy

Momentum Energy reduced the rates for its Nothing Fancy and Suit Yourself market offer plans in both New South Wales and Victoria. Both these plans feature variable rates with no discounts.

Kogan Energy

Kogan Energy reduced rates across NSW, SA and QLD, although VIC prices slightly increased. The retailer also introduced its Basic plan for VIC customers, and updated its Kogan First membership price from $79 to $99.

Sumo

Sumo re-introduced its Sumo Assure plan in Victoria. This is an online-only plan with no conditional discounts, with all communications via email and payments made via direct debit.

Nectr

In Victoria, Nectr launched two new energy plans: 100% Clean and its Standing Offer. Previously, Nectr had only serviced NSW, south-east QLD, and SA customers. Nectr’s 100% Clean plan also includes a $50 bill discount for referring a friend.

February 2023

Simply Energy

In South Australia, Simply Energy has removed its Simply Basic plan and replaced it with a new offer, Simply Energy Saver. The discount percentage for Simple RAA members has also increased, from 1% to 5%. Simply has also introduced a new plan, Simply Smarter, which includes free smart meter installation.

Tango Energy

In Victoria, Tango Energy has introduced a new product called eSelect PLUS. This is a variable rate plan with no lock-in contracts or exit fees. To be eligible for this offer however, households will need to agree to monthly ebilling and direct debit payments. There is also a $100 guaranteed credit available which is awarded on customers’ third bill with the provider.

eSelect PLUS replaces Tango Energy’s eSelect offer in the state and is now one of the cheapest electricity offers available to Victorians.

Energy Locals

In South Australia, Energy Locals has re-introduced its Online Member plan to new customers. The retailer has also added a $14.99 monthly membership credit to the plan. This sees the membership fees on this plan waived for the first six months. Online Member is currently one of the cheapest electricity offers available to SA households.

Simply Energy

In Victoria, Simply Energy has retired its Simply Basics offer for new customers. This offer has been replaced by the Simply Energy Saver plan, which comes with variable rates and a generous guaranteed discount off the usage and supply rates.

GloBird Energy

GloBird Energy has again reduced the rates on its market offers across NSW, VIC and SEQ. These changes mean that GloBird Energy is now the cheapest provider in each state respectively, according to Canstar Blue’s database. Its $50 sign-up credit on market offers is also still available.

Sumo

Sumo has added a $40 guaranteed sign-up credit to its Sumo Assure plan in NSW and Sumo Assure Advantage plan in SEQ. This has resulted in an overall price drop for these plans in each state respectively. The change means Sumo currently offers the cheapest single rate electricity offer to households in SEQ, and is among the cheapest offers for households on Sydney’s Ausgrid network.

Momentum Energy

In Victoria, Momentum Energy has re-introduced its Bill Boss product to customers. This is a variable rate plan, with no exit fees or lock-in contracts. It also has monthly billing options. Despite this change, Nothing Fancy still remains the provider’s cheapest single rate option for customers in Victoria.

GloBird Energy

GloBird Energy has changed the rates on its Boost, GloSave GloGreen and Green Light plans in NSW, QLD, SA and VIC as well as its UltraSave plan in NSW, QLD and SA. This has resulted in a price drop for these offers in each state, with the biggest changes coming through in VIC, NSW and QLD.

The retailer has also introduced a $50 sign-up credit across all these offers in each state. In Victoria, this credit was previously $60.

1st Energy

In NSW, 1st Energy has re-introduced its 1st Saver plan to market. This offer comes with variable rates on an ongoing contract and a small discount for customers who pay their bills on time.

Energy Locals

In Victoria, Energy Locals has introduced a $100 sign-up credit for new customers who sign up to its Online Member plan in the state. This offer comes with access to wholesale electricity rates in exchange for a small monthly membership fee. Customers on this offer will also need to agree to direct debit payments. This credit leaves Online Member as one of the cheapest electricity plans currently available to Melbourne households on the CitiPower network.

Simply Energy

In NSW, Simply Energy has removed its Simply Blue Perks plan from market to new customers. This offer came with variable rates and a complimentary 12-month membership NRMA Blue. Customers in Victoria, however, still have access to this deal.

January 2023

Momentum Energy

Momentum Energy has decreased its prices for its Nothing Fancy electricity plan in both Victoria and NSW.

CovaU Energy

CovaU has changed the rates and removed the guaranteed discounts from its Freedom and Freedom Online plans in NSW, QLD and SA and its Super Saver and Super Saver Online products in Victoria. This has resulted in a significant overall price drop for its plans in Victoria, NSW and QLD. Its plans in SA however, have seen a slight increase as a result.

Despite this, new customers can still get a $50 sign-up credit on the Freedom Online plan in NSW, QLD and SA and the Super Saver Online plan in Victoria.

Dodo

In Victoria, Dodo has slashed the price of its flagship deal, Market Offer. This plan comes with variables rates on a no lock-in contract. A small monthly discount is also available to those who bundle their electricity and gas plan with one of Dodo’s internet plans.

Tango Energy

In Victoria, Tango Energy has introduced a new plan called eSelect. This offer comes with variables rates on a no lock-in contract but customers will need to agree to direct debit payments and e-billing to be eligible. eSelect is currently one of the cheapest offers available to electricity customers in Melbourne.

GloBird Energy

GloBird Energy has significantly decreased the rates on its Boost, GloSave, UltraSave and GloGreen products for new customers in NSW, SEQ and SA. The retailer has also re-introduced its Green Light offer to customers in these states, and reduced its rate in SA. Green Light offsets 10% of a customer’s carbon associated with their energy usage and comes with a small pay on time and direct debit payment discount.

In Victoria, however, GloBird Energy has increased the rates on its Boost, GloSave, GloGreen and Green Light plans. But, these changes have been offset partially thanks to a new $60 online sign-up credit which has been added to these offers in the state.

Simply Energy

In Victoria, Simply Energy has reduced the discount on the Simply Movie Perks plan, causing an overall price increase for the plan in the state. Alongside this price change, the retailer has also retired its Simply Energy Saver plan for new customers. In its place, however, Simply Energy has brought back the Simply Basics and Simply Blue Perks plans in the state. The Simply Basics plan offers variable rates in line with the VDO, whilst the Simply Blue Perks plan comes with a complimentary 12-month membership to NRMA Blue.

The retailer also increased the discount on the Simply For Good plan in the state, decreasing the overall price for new customers.

December 2022

Red Energy

In NSW, Red Energy has reduced the rates on its BCNA Saver, Living Energy Saver, Qantas Red Saver and Red Taronga Flex products. It has also removed the fixed rates from its Living Energy Saver product, replacing it with variable rates for new customers. Those still looking for a fixed rate offer however, can access them through Red Energy’s new product in NSW, Red Fixed Saver. This plan locks in rates until January 1, 2024 for households.

GloBird Energy

GloBird Energy has significantly increased the rates on its Boost, GloSave, UltraSave and GloGreen products in NSW, SEQ and SA. The retailer has also retired its Green Light plan to new customers in these states. This plan offset 10% of the carbon emissions associated with customers’ energy usage and had a small conditional discount for those that paid on time and by direct debit.

Momentum Energy

Momentum Energy has begun offering its Nothing Fancy and Suit Yourself market offers to new customers again in NSW, SEQ and SA after a short hiatus in these markets. Its prices, however, are not the most competitive in the market.

Red Energy

Red Energy has reduced the usage rate on its Living Energy Saver, BCNA Saver and Qantas Red Saver plans in Victoria. This has resulted in an overall price reduction for new customers interested in these plans.

CovaU Energy

In Victoria, CovaU Energy has increased its rates for both its Super Saver and Super Saver Online plans. The Super Saver Online plan comes with a $50 credit when you sign up online.

Lumo Energy

In Victoria, Lumo Energy has reduced the usage rates on its Basic plan. This has resulted in an overall price drop for new customers interested in signing up to this offer.

GloBird Energy

GloBird Energy have changed its pricing on the GloSave and Boost plans in NSW, QLD and SA. Gas market offers have also changed in these states. In Victoria, the retailer has removed its Solar Plus Plans for new customers. This offer came with a 10c/kWh feed-in tariff for eligible customers with solar panels.

November 2022

Sumo Energy

Sumo Energy have made some changes to its plan offerings in SA, NSW and QLD. In SA, the Assure Advantage plan was removed and replaced with Sumo Lite. The Assure plan was added in NSW and in QLD Assure Advantage replaced the existing Assure plan. There were no changes made in Victoria.

Momentum Energy

Momentum Energy have reinstated its Suit Yourself plans for both gas and electricity in Victoria.

Simply Energy

Simply Energy has re-introduced its Simply Energy Saver offer to customers in NSW and Victoria. This plan comes with a generous guaranteed discount off usage and supply charges and no exit fees. It has replaced the retailer’s Simply Basics plan in both states, which is now unavailable to new customers.

Alongside these changes, the retailer has also increased the guaranteed discount on its Simply NRMA offer in NSW, which has reduced the overall price significantly. The Simply Blue Perks offer is also back online for customers in NSW. This deal offers a 12-month complimentary membership to NRMA Blue to eligible customers, alongside a generous guaranteed discount.

CovaU Energy

CovaU Energy has reduced the rates on its Freedom and Freedom Online offers in New South Wales, south-east Queensland and South Australia. The online version of this product also comes with a $50 online sign-up credit for new customers in each state.

EnergyAustralia

In Victoria and New South Wales, EnergyAustralia has removed the $25 online sign-up credit on its Flexi Plan, Balance Plan Home and Basic Home offers. It has also removed the guaranteed discount on the Balance Plan Home offer. These changes have resulted in an overall price increase for these three plans in both states.

Powershop

In Victoria and New South Wales, Powershop has retired its Switch Saver offer from market. This was a plan specifically designed for new customers that awarded them a $100 sign-up credit. Powershop’s flagship offer, 100% Carbon Neutral, has now taken the place of this plan.

AGL

AGL has removed its $50 online sign-up credit from the Value Saver and Basics plans in New South Wales and Victoria. This has seen a slight price rise for these plans to new customers in these states. The retailer has also removed its Value Saver product from market to new customers in south-east Queensland.

Outside of this, AGL has also reduced the sign-up credits on its Seniors Saver and Electric Vehicle Plans. In all states it is available, Seniors Saver now comes with a $25 sign-up credit, while the Electric Vehicle Plan offers $120 in credits over a 12-month benefit period. The Electric Vehicle Plan has also had its fixed rates removed.

GloBird Energy

GloBird has removed its $120 sign-up credit that was previously available for Victorian customers. The retailer has also changed the price on four of its electricity plans in the state: Boost, GloSave, Green Light and GloGreen. This has resulted in an overall price drop for these plans.

Origin Energy

Origin has adjusted its product line-up in NSW, Victoria, SA, south-east Queensland and the ACT. This change has seen the retailer’s fixed rate Go and Everyday Rewards offers retired to new customers, with a variable rate option now taking the place of these two plans. Origin has also removed the Flexi Rate ePlus plan for new customers.

In addition to this, the boosted solar feed-in tariff on the Solar Boost plan has been reduced to 8c/kWh for new customers in NSW, VIC, SA and SEQ. This rate is only applicable for the first 14kWh exported each day. After this, it reverts to 5c/kWh or 5.2c/kWh, depending on location.

October 2022

Tango Energy

In Victoria, Tango Energy have reintroduced its Solar Saver and Tango Blue Plans. The Solar Saver plan comes with a 10.4c/kWh feed-in tariff for customers with solar panels. Tango Blue is Tango Energy’s 100 per cent GreenPower accredited renewable energy plan, offering to match 100 per cent of your electricity usage with renewable energy from sources such as wind, solar, water and bioenergy. As well as reintroducing plans, it has also decreased prices for its Home Select plan.

GloBird Energy

GloBird have slightly increased its prices on its Boost plan in QLD and SolarPlus plan in NSW. Even with these increases, its prices remain somewhat competitive with others in the market.

Momentum Energy

In Victoria, Momentum Energy have reinstated its Nothing Fancy plans for both gas and electricity. It is one per cent cheaper than the VDO and is Momentum’s cheapest plan in Vic.

Lumo Energy

Lumo Energy have decreased prices in Victoria for its Basic and Value plans. Basic continues to be its cheapest offering to those living in Vic.

Simply Energy

In Victoria, Simply Energy has brought back its Simply Movie Perks plan. This plan awards customers with 1,000 Vrewards points each month, which can then be put towards to movie tickets and snacks at Village Cinemas. It also comes with a guaranteed discount off usage charges. Simply Energy has also introduced its Simply Solar plan in the state, which comes with a boosted solar feed-in tariff for customers with solar panels.

CovaU Energy

CovaU Energy has brought back its market offers for new customers in NSW, Victoria, QLD, SA and Tasmania. In Victoria, customers can have a choice between the Super Saver or Super Saver Online, whilst all other states have access to the Freedom and Freedom Online plans. All plans come with a guaranteed discount off usage charges, varying in amount from state to state. The online iteration of each plan offers a small bill credit in exchange for signing up online. Solar variations of these plans are also available.

Thanks to this change, CovaU Energy now offers one of the cheapest single-rate electricity plans to customers in the Melbourne area, according to our database.

GloBird Energy

In Victoria, GloBird Energy has increased the rates on its Boost, GloSave, GloGreen and Green Light offers for new customers. The retailer however, has also introduced a $120 online sign-up credit across all these plans in the state. This will be paid to customers on their seventh month with the provider. GloBird has also decreased rates on Boost, GloSave, GloGreen, UltraSave and Green Light plans in NSW, QLD and SA, resulting in significantly cheaper prices for new customers.

Dodo

In New South Wales, Dodo has increased the rates on its flagship offer, Market Offer. This has resulted in an overall price hike for this plan for new customers in the state. Powershop now offers the cheapest single-rate plan for customers on the Ausgrid network (greater Sydney area) as per our database.

1st Energy

In Victoria, 1st Energy has re-introduced its 1st Saver Online and 1st Solar Bonus plans to new customers. The 1st Saver Online product offers similar rates to its 1st Saver product, however it awards a larger guaranteed discount in exchange for customers signing up online. As for 1st Solar Bonus, this plan comes with a boosted solar feed-in tariff for customers with a solar panel system under 10kW.

The retailer currently still has no market offers available in NSW, QLD or SA.

Origin Energy

Origin has raised the prices on its Go and Everyday Rewards plans in Victoria, NSW, QLD and SA. These plans now at about eight per cent above than the Reference Price or VDO price in each relevant state. Origin’s other plans have not changed.

September 2022

Origin Energy

Origin has increased the rates on its Home Support offer in NSW, Victoria, SEQ and SA. This plan now offers pricing in line with the relevant Reference Price or VDO price in each area. Home Support is a variable rate plan that comes with a complimentary 12-month membership to Allianz Emergency Home Assistance.

Simply Energy

Simply Energy has introduced some new products to its line-up in various states. Across NSW, Victoria, SEQ and SA, the retailer now offers a 100% GreenPower plan, named Simply For Good. This offer matches 100 per cent of customers’ energy usage with energy from accredited renewable energy generators to then put back into the grid. This will however, come at a small additional cost to the bill-payer.

In NSW and SA, Simply Energy has also expanded its NRMA and RAA members deals. Members of these motoring clubs can now access discounted solar-specific plans and a version of the Simply For Good plan (mentioned above). Non-members in these states can still access Simply Energy’s Solar plan as well, however, they won’t receive a discount.

Sumo

Sumo has changed its product line-up in NSW and Victoria. The retailer has retired its Sumo Freedom plan for new customers in both states, plus its Sumo Assure plan in NSW. In its place, new customers can sign up to the Sumo Lite offer, which comes with variable rates on an ongoing contract. It also has no exit fees or lock-in contracts.

Sumo’s plan change ups means that Dodo now offers the cheapest single rate electricity plan to customers in Sydney, according to our database.

Alinta Energy

Alinta Energy has reduced the usage and supply charges on its Home Deal plan for new customers in NSW, Victoria, south-east Queensland and South Australia. This has resulted in an overall price drop for this offer in these states – bumping Home Deal to one of the cheapest offers in SA and SEQ.

The retailer has also re-introduced its Sports Pack plan to new customers in these states. This offer comes with slightly higher rates than Home Deal in exchange for a 12-month subscription to Kayo Basic.

Origin Energy

Origin has bumped up the price of its fixed rate offers, Everyday Rewards and Go, for new customers in NSW, Victoria, SEQ and SA. Its cheapest offer is still Flexi Rate ePlus, which offers low variable rates to customers who agree to e-billing.

AGL

AGL has increased the rates on its flagship Value Saver in NSW, SEQ and SA. This has resulted in an overall price rise for new customers looking at this offer, in these states. The retailer has also re-introduced its Flexible Saver product to new customers in NSW, SEQ and SA. This is a variable rate offer on an ongoing contract with no exit fees.

EnergyAustralia

EnergyAustralia has removed the $25 online sign-up credit from its Flexi Plan and Basic Home offers in south-east Queensland and South Australia. This has resulted in an overall price rise for these offers. Sign-up credits are still available to new customers in NSW and Victoria

The retailer has also re-introduced its Balance Plan Home product to new customers in NSW, Victoria, SEQ and SA. This is a variable rate plan with an ongoing benefit period. Customers in NSW and Victoria will also receive a small guaranteed discount on usage and supply charges as part of this offer.

Powershop

In Victoria and New South Wales, Powershop has re-introduced its Switch Saver product exclusively to new customers. This plan comes with a $100 sign-up credit on the first bill as well as variable rates, carbon neutral energy and monthly billing. There are also no exit fees on this offer.

Origin Energy

In Victoria, south-east Queensland and South Australia, Origin Energy has increased the usage and supply rates on its flagship offer, Flexi Rate ePlus, to new customers. This has resulted in a slight overall price increase for this offer in these states.

AGL

AGL has decreased its online sign-up credit to $50 for new customers in New South Wales, Victoria and south-east Queensland on the Value Saver and Basics products. This has resulted in an overall price increase for these plans in these states.

August 2022

GloBird Energy

GloBird Energy has significantly reduced the prices across most of its market offers in New South Wales, Victoria, south-east Queensland and South Australia. While its pricing is still substantially above the Reference Price in NSW, SA and SEQ, this change has seen the retailer’s prices drop back to somewhat competitive levels for new customers in Victoria.

Alongside this reduction in prices, GloBird Energy has also introduced an additional discount for new customers that pay on time. Previously, it has only awarded discounts for customers who paid by direct debit. GloBird Energy has also introduced its Green Light product to new customers in NSA, SA and SEQ as part of these changes. This plan was originally an exclusive to Victorians and comes with 10% carbon neutral energy included as standard.

Origin Energy

Origin Energy has changed its Home Assist product across NSW, south-east Queensland, SA, Victoria and the ACT. New customers interested in this offer can now sign up to the ‘Home Support’ plans in these states. Home Support still comes with a 12-month Allianz Emergency Home Assistance membership, however, it now offers variable rates instead of fixed.

Lumo Energy

In Victoria, Lumo Energy has significantly increased the rates on its Value plan. The retailer has also re-introduced its Basic plan to new customers in the state. Basic is now the retailer’s cheapest plan for new customers in Melbourne.

OVO Energy

OVO Energy has increased the credit available as part of its Winter Welcome credit to $120 in NSW, Victoria, south-east Queensland and SA. This credit is available to new customers who sign up to The One Plan or The Basic Plan (Victoria only) and will be paid over 12 monthly installments. This credit increase has seen a small overall price drop for these plans in these states.

Energy Locals

Energy Locals has changed the rates on its offers in New South Wales, Victoria, south-east Queensland and South Australia. These changes have resulted in an overall price increase across most plans in these states bar the Local Member plan in SEQ which saw a small decrease. Only new customers who sign up to these offers will be impacted by these changes.

EnergyAustralia

EnergyAustralia has reduced the guaranteed discount available on the Flexi Plan to new customers in New South Wales and Victoria. This has a resulted in a overall price increase for this product in these states.

GloBird Energy

GloBird Energy has introduced its solar-specific energy plan, Solar Plus, to customers in Victoria. This offer comes with a boosted feed-in tariff of 10c/kWh for customers with solar panels installed. The retailer is also awarding a small discount to customers who pay on time and by direct debit on this offer.

Additionally, GloBird Energy has retired the GloSave, GreenLight and GloGreen plans to new customers in Victoria.

AGL

In Victoria, AGL has increased the rates on its flagship offer, Value Saver. This has resulted in an overall price hike for this plan to new customers. A $75 credit is still available to those who sign up online.

Origin Energy

In Victoria, Origin Energy has reduced the rates on its Basic plan. This is the retailer’s ‘standing’ offer and comes with rates in line with the Victorian Default Offer (VDO).

EnergyAustralia

In south-east Queensland, EnergyAustralia has increased the rates on its Basic Home plan. This has resulted in a significant price rise for this product. As a result of this change, AGL has now taken over top spot in SEQ, offering the cheapest single rate tariff option for customers on the Energex network, according to Canstar Blue’s database.

July 2022

Amber

Amber has introduced a new plan, Standing Offer, to market for customers in NSW, QLD and SA. This plan comes with fixed electricity rates on an ongoing contract and has prices aligned with the relevant Reference Price in each state. Unlike Amber’s other offer however, customers who sign up to this offer will not have access to wholesale rates for the duration of their contract. A smart meter is required to sign up to this offer and customers will still need to pay a monthly membership fee of about $15.

Origin Energy

Origin Energy has increased the rates on its flagship offer, Flexi Rate ePlus, across NSW, VIC, QLD and SA. This plan still requires customers to sign up online and agree to ebilling to be eligible.

Lumo Energy

In SA, Lumo Energy has increased the rates on its Basic and Plus products. This has resulted in a small overall price rise for these plans. The retailer has also retired its Movers plan for new customers in the state. Movers was an offer marketed towards renters which waived any disconnection or connection fees.

Red Energy

In QLD and SA, Red Energy has increased the rates on its Living Energy Saver, Qantas Red Saver and BCNA Saver products. This has resulted in a small overall price rise on these plans in SA and a significant price jump for plans in QLD. The retailer has also reduced its solar feed-in tariff to a flat 5c/kWh across all offers in QLD.

OVO Energy

OVO Energy has introduced a $100 Winter Warmer Credit across all its market offers in NSW, VIC, QLD and SA. This credit is available to new customers and will be paid over 12 months. The $100 credit has seen these offers reduce significantly in price in each state.

EnergyAustralia

In NSW and Victoria, EnergyAustralia has increased the guaranteed discount available to new customers on the Flexi Plan. This has resulted in a small price drop for this offer in these states. The discount applies to both usage and supply charges.

Lumo Energy

In Victoria, Lumo Energy has reintroduced its flagship offer, Value, to market for new customers. This plan comes with fixed usage and supply rates for a minimum of 12 months until October 31 2023.

Kogan Energy

Kogan Energy has increased the rates on its market offer Kogan Energy with Free Kogan First for new customers in Victoria. This plan comes with a 12-month membership to the retailer’s shopping discount program. Its other market offer, Kogan Energy for Current Kogan First Members, has also seen a significant increase. The solar feed-in tariff on both of these offers has also changed to 5.2c/kWh, in line with Victoria’s new minimum feed-in tariff.

Powershop

In Victoria, Powershop has significantly increased the rates on its sole market offer, 100% Carbon Neutral. This offer still comes with a guarantee that all carbon emissions associated with customers’ energy usage will be offset and a decent solar feed-in tariff of 6.7c/kWh.

Social Energy

Social Energy has significantly increased the rates on its sole market offer – Better Together – in NSW, QLD and SA. The standard feed-in tariff on this offer has also decreased to 6c/kWh in each state. Better Together is a solar-specific energy deal, designed for customers with solar panels and a battery. It offers a boosted feed-in tariff of 40c/kWh for the first 300kWh per quarter however, customers must have had their battery installed by a preferred retailer of Social Energy to be eligible.

1st Energy

In Melbourne, 1st Energy has slightly decreased the rates on its sole market offer, 1st Saver. The retailer has also readjusted the costs of its standing offers in NSW, QLD and SA in line with the new Reference Price in each state. Market offers in these states however, are still unavailable to new customers.

Amber Electric

Following the July 1 DMO/VDO change, Amber Electric has changed the rates on its flagship offer, Amber Plan, in all states it services. This has resulted in a significant price increase for this offer in NSW, QLD and SA. Its plan for the Citipower network in Melbourne however, saw a small decrease. The Amber Plan still comes with access to wholesale electricity rates for an additional membership fee of $15 a month.

Red Energy

In New South Wales and Victoria, Red Energy has changed the rates across all its market offers. This has resulted in a significant price increase for its plans in NSW, and a small decrease for its plans on the Citipower network in Melbourne. The retailer has also adjusted its standing offers in NSW, QLD, SA and VIC in line with the July 1 DMO/VDO change. No changes have been made to the retailer’s market offers in QLD and SA just yet.

Lumo Energy

In Victoria and South Australia, Lumo Energy has updated the rates on its Victorian Default Offer and Standing Offer respectively. These changes were made in line with the recent DMO/VDO change. Lumo Energy has also removed its fixed rate offer, Value, from market to new customers in Victoria. Its market offers in SA are yet to change.

Tango Energy

Tango Energy has adjusted its standing offer prices in NSW, QLD and SA, as well as its Victorian Default Offer in VIC as a result of July 1 DMO/VDO changes. In addition to this, the retailer has since turned off its flagship fixed rate market offer, Home Select in SA and its GreenPower offer, Tango Blue, in VIC.

Tango Energy has also reintroduced its Home Select deal to customers in Victoria, however it no longer comes with its token fixed usage and supply rates. New customers in NSW, QLD and SA can only access standing offers from Tango Energy at this time.

Diamond Energy

In NSW, QLD and SA, Diamond Energy has significantly increased the rates on its flagship offer, Everyday Renewable Saver, as a result of the July 1 Reference Price change in these states. The retailer has also decreased the solar feed-in tariff available on this offer to 5c/kWh in NSW, QLD and SA. Diamond Energy has not made any changes to its offers in Victoria yet.

AGL

Following the July 1 DMO/VDO changes, AGL has updated its product line-up in NSW, VIC, QLD and SA. In addition to adjusting its standing offers, the retailer has also increased the rates on its flagship offer – Value Saver in all states. A $75 online sign-up credit is still available on this offer in NSW, VIC and QLD.

AGL has also retired its Flexible Saver plan for new customers in NSW, VIC, QLD and SA. This offer has since been replaced with the Basics offer, which comes with variable rates on an ongoing contract. A $75 online sign-up credit is also available on this offer in NSW, VIC and QLD.

Finally, the retailer has introduced its Solar Savers product to customers in Victoria, which offers a boosted solar feed-in tariff of 10c/kWh for the first 14kWh a day. After this, it reverts to 5.2c/kWh – the new minimum solar feed-in tariff for Victoria.

OVO Energy

OVO Energy has reintroduced its flagship market offer, The One Plan, to new customers in NSW, QLD and SA off the bat of July 1 DMO/VDO changes. The retailer has also significantly increased the prices on The One Plan and The Basic Plan in Victoria. These increases were a result of the $200 Welcome Credit on these offers being removed. OVO Energy has also removed the 10% GreenPower inclusion and carbon offsets from The One Plan in all states.

Dodo

Dodo has adjusted the rates on its Standing Offer in NSW, VIC, QLD and SA in line with the new Reference Price and Victorian Default Offer (VDO). It has also significantly increased the rates on its Market Offer in NSW. Dodo still has its Market Offer turned off to new customers in QLD and SA.

Simply Energy

Following the July 1 DMO/VDO changes, Simply Energy has adjusted its line-up in NSW, VIC, QLD and SA. Most notably, the retailer has reintroduced its Simply Basics offer in all four of these states, which comes with rates equal to that seen on its standing offer in each respective state. In NSW and SA, Simply Energy has also significantly increased the rates on its Simply NRMA and Simply RAA Members plans.

Energy Locals

Energy Locals has made a few changes to its products as a result of July 1 DMO/VDO changes. In VIC, NSW, QLD and SA, the retailer has significantly increased the rates on its Local Member plan. The Online Member plan in Victoria has also seen a small price increase. Energy Locals has also since retired its Online Member 2022 offer to new customers in NSW, QLD and SA. This offer was similar to the standard Online Member plan, however, it credited back six months’ worth of its membership fees to customers. Online Member 2022 has now been replaced by the standard Online Member plan in NSW, QLD and SA.

EnergyAustralia

In line with July 1 DMO/VDO changes, EnergyAustralia has changed the rates on its offers in NSW, VIC, QLD and SA. This has resulted in a significant increase for market offers in NSW, QLD and SA and a small decrease for plans on the Citipower network in Melbourne. The retailer however, is still offering a $25 online sign-up credit across all plans.

GloBird Energy

GloBird Energy has updated its standing offers in NSW, VIC, QLD and SA as a result of the DMO/VDO change on July 1. Additionally, the retailer has also significantly increased the rates on its market offers in Victoria and reduced the solar feed-in tariff available to 5.2c/kWh, in line with the new minimum in the state.

Solar feed-in tariffs on its NSW, QLD and SA market offers have also been reduced to 1c/kWh.

Alinta Energy

Alinta Energy has adjusted its standing offers in NSW, QLD and SA in line with the new default price in these states. Its market offers, however, are currently unavailable to new customers in NSW, VIC, QLD and SA.

Origin

In line with default pricing changes in NSW, VIC, QLD and SA, Origin has adjusted the rates on all its market offers, as well as its standing offers. This change has resulted in a slight price increase for its market offers in NSW, QLD and SA but a small price decrease for its plans on the Citipower network in Melbourne. The retailer has also reduced the solar feed-in tariff available on these offers in VIC and SA to 5.2c/kWh and 5c/kWh respectively.

In addition to the pricing changes, Origin has also removed its concession offer, Value, from market in SA.

June 2022

EnergyAustralia

EnergyAustralia has reduced the online sign-up credit available on the Flexi Plan and Basic Home products to $25 for new customers in NSW, VIC, QLD and SA. The retailer has also reduced the guaranteed discount available on the Flexi Plan in these states. As such, this offer has seen a significant price increase.

The retailer has also now retired its fixed rate offers, Total Plan and No Frills, to new customers in NSW, VIC, QLD and SA.

Origin

Origin has increased the rates on its flagship offer, Flexi Rate ePlus, in NSW, VIC, QLD and SA. This has resulted in a significant price rise for this plan to new customers. The retailer has also removed the small sign-up credit that used to come with this offer in Victoria.

Powershop

Powershop has re-introduced its 100% Carbon Neutral offer for new customers in NSW, QLD and SA. This offer still comes with energy that is claimed to be 100% carbon offset however, its variable rates have seen a significant increase in each state.

OVO Energy

OVO Energy has re-introduced its market offers – The One Plan & The Basic Plan – to customers in Victoria with a few changes. These plans no longer offer 10% GreenPower included or 100% Carbon Neutral Energy, however, customers will be awarded with a $200 ‘Winter Welcome Credit’, which is paid over 12 monthly installments. The retailer has shared on its website though that these plans are not available for immediate supply and any customers who sign up to them won’t have their account transferred to OVO Energy until 4 July 2022.

Dodo

In Victoria, Dodo has significantly increased the rates on its flagship plan, Market Offer. The retailer’s cheapest electricity deal in the state is now its Standing Offer, which provides similar rates to the VDO.

Sumo

Sumo has increased the rates on two of its market offer plans in Victoria – Sumo Assure and Sumo Freedom. The provider’s cheapest electricity deal in Victoria right now is the ‘Sumo Assure Advantage’ plan, which comes with variable rates, however customers must sign up to direct debit payments.

AGL

AGL has made some changes to its offers for Seniors and Concession Card holders. The retailer’s Seniors Saver plan now comes with variable rates instead of fixed rates. However, a small sign-up credit is still available to new customers who switch to this plan. This offer is still available in NSW, VIC, QLD and SA, with the credit varying depending on location. AGL has also retired its Seniors Variable plan in NSW, QLD and SA.

Origin

Origin has significantly increased the rates on its Everyday Rewards, Go and Home Assist plans in NSW, VIC, QLD and SA. This has resulted in a significant price rise to these products for new customers. Everyday Rewards and Go however, still offer fixed rates on a 12 month contract.

Radian Energy

Radian Energy has re-introduced its market offers in NSW and QLD, however its rates are significantly higher than normal or those seen by other providers in these states. The retailer has shared on its website that it has had to raise its pricing by over double in order to stay afloat.

Sumo

In NSW, Sumo has increased the rates on its Sumo Assure and Sumo Freedom products. This has resulted in a significant price rise to these products for new customers.

GloBird Energy

GloBird Energy has significantly increased the rates across all its market offers in NSW, VIC, QLD, SA. The retailer has also removed the IdeaSave and SureSave products for new customers in Victoria. GloBird Energy’s standing offers, which align with relevant DMO/VDO pricing, are now the cheapest of its plans in each state.

EnergyAustralia

EnergyAustralia has made some changes to its plans in NSW, VIC, QLD and SA. No Frills, Balance Plan Home and Basic Home are now offering $50 in sign-up credit to new customers. The Total Plan Home product has also had a slight price change in NSW, QLD,  SA with the guaranteed discount off usage and supply rates now significantly lower. This means this plan is now more expensive in these states.

The retailer has also introduced a new product across all states – Flexi Plan. This offer comes with variable rates over a 12 month benefit period and a guaranteed discounts off usage and supply charges. This discount varies depending on location. A $50 sign-up credit is also available on this offer in VIC, QLD and SA, with this credit is bumped up to $75 for customers in NSW.

OVO Energy

OVO Energy has removed its sign-up credit of $75 in all states. This means its flagship offer, The One Plan, is now more expensive in NSW, VIC, QLD and SA. While OVO has removed this credit, this deal still has reasonably competitive rates.

May 2022

ReAmped Energy

In Victoria, ReAmped Energy has increased the usage rates on its Handshake offer. This has resulted in an overall price hike for this plan. Handshake however, still remains the cheapest single rate electricity offer available to customers across all five of Victoria’s distribution networks.

GloBird Energy

GloBird has decreased its rates in Victoria on its flagship offer – GloSave. The deal still comes with a small direct debit discount and variable rates. GloBird has also introduced a new plan called ‘Green Light’, which comes with 10 per cent carbon neutral energy.

Momentum Energy

Momentum Energy has revamped its product line-up in NSW, VIC, QLD and SA. The retailer has retired its Self Serve and SmilePower Flexi plans and replaced these with its new Nothing Fancy and Suit Yourself offers respectively. Nothing Fancy offers low, ‘no frills’ variable rates but requires customers to agree to direct debit payments and e-communications, where Suit Yourself dishes out 10% GreenPower at no additional cost to bill-payers.

Momentum Energy has also retired its Bill Boss offer from market in Victoria.

AGL

AGL has introduced an online sign-up credit of $75 to its Value Saver, Flexible Saver and Senior Saver in NSW, QLD and Victoria. The power giant has removed its Amazon Prime membership offer from all states and plans, including gas.

1st Energy

In NSW and QLD, 1st Energy has removed its pay on time discount from the 1st Saver product. This has resulted in a slight price increase for this offer in these states. The retailer has also removed its solar-specific deal, 1st Solar Bonus, from market in NSW, QLD and SA.

Simply Energy

Simply Energy has changed the guaranteed discounts on some of its offers in NSW and SA. This has resulted in a slight price drop for the Simply Blue Perks offer in NSW and a price increase for the Simply Energy Saver product in SA.

The retailer has also started offering an electricity plan marketed at solar customers, in NSW, VIC and QLD. This offer, named Simply Energy Solar, rewards customers with a boosted solar feed-in tariff between 10-12c/kWh, depending on the location.

Powershop

Powershop has ditched the ‘100% Carbon Neutral’ plan in NSW and Victoria, which has been replaced by its latest offer, ‘Switch Saver’. Switch Saver comes with the same rates as its predecessor, but offers a generous sign-up credit. It also offsets emissions generated from customers’ electricity usage at no extra cost.

GloBird Energy

High-flying GloBird Energy has shuffled its products and prices across most areas it services. In Victoria, GloBird has reduced its rates on two of its offers, while it has also brought back its ‘Boost’ plan. In NSW, QLD and SA, GloBird has removed its sign-up credit on Boost, GloSave and GloGreen, resulting in higher prices. In these states, it has also re-introduced the UltraSave deal, as well as a solar plan in NSW.

OVO Energy

OVO Energy has introduced a new sign-up incentive on all market offers in NSW, VIC, QLD and SA. With its ‘Winter Welcome Credit’ new customers will receive a $75 sign-up credit to be paid over 12 monthly installments. This has resulted in a slight price drop for offers in these states.

April 2022

Momentum Energy

Momentum Energy has changed the rates on its market offers across NSW, VIC, QLD and SA. These changes have resulted in a slight price drop for plans in NSW, VIC and QLD. A small price rise was seen for offers in South Australia.

GloBird Energy

GloBird Energy has increased its rates to new customers across NSW, Victoria, QLD and SA. Most of its market offers are now considerably more expensive. GloBird has also removed the Boost product in Victoria, while it scrapped the SureSave and UltraSave in NSW, QLD and SA.

OVO Energy

OVO Energy has removed its $90 sign-up credit from its market offers in NSW, VIC, QLD and SA. This has resulted in a small price increase on these offers in each state.

Nectr

In South Australia, Nectr has added a $50 sign-up credit to its 100% Clean plan. This credit is only available to new Nectr customers and will be applied on the second bill.

Simply Energy

Simply Energy has varied its prices on two of its market offers in NSW. Simply NRMA Members is now more expensive, while Simply Energy Saver is considerably cheaper. Both offers still come with a guaranteed discount off usage and supply charges.

ReAmped Energy

In NSW and QLD, ReAmped Energy has significantly increased the rates across all its market offers. This has resulted in a large price hike for all ReAmped Energy plans in these states. The retailer has also reduced the solar feed-in tariff on its solar-specific electricity deal in Victoria to 7c/kWh. Previously the solar feed-in tariff was 8.7c/kWh.

EnergyAustralia

EnergyAustralia has increased the online sign-up credit on its Total Plan Home deal to $50 across NSW, VIC, QLD and SA. A $25 sign-up credit is also now available on the Balance Plan Home offer in NSW, VIC and SA. The retailer has also introduced a solar-specific electricity deal across NSW, VIC, QLD and SA. This deal spruiks a boosted solar feed-in tariff of 10c/kWh for a one year benefit period.

Simply Energy

In Victoria, Simply Energy has changed the guaranteed discount offered on the Simply Movie Perks plan. This has resulted in an overall price increase for the offer. The retailer has also retired the Simply Energy Saver product in the state. This offer has now been replaced by the Simply Basics plan, which offers pricing in line with the Victorian Default Offer.

March 2022

Origin

Origin has changed the rates on most its market offers across NSW, VIC, QLD and SA. A slight price drop was seen for the Flexi Rate ePlus offer across most states (excluding NSW), whilst an increase was seen for the Everyday Rewards, Go and Home Assist products in all four states. Despite the changes, Origin remains the cheapest of the ‘big three’ providers for South Australians and ties for cheapest with AGL in Queensland.

Radian Energy

Newcomer Radian Energy has introduced two new plans in the states it serves – NSW and QLD. The retailer now offers The Simple Switch 100% Net Zero and The Simple Switch 100% Renewable, which as the names suggest, offset all of its customers’ carbon emissions or include 100% of GreenPower, respectively. Each plan also comes with a $50 sign-up credit.

OVO Energy

OVO Energy has bumped up the online sign-up credit on its plans from $60 to $90 for customers in NSW, Victoria, QLD and SA. This credit will be paid over 12 monthly installments. OVO Energy currently offers one of the cheapest power plans for bill-payers in each of these states.

GloBird Energy

GloBird Energy has increased the rates on some of its market offers in NSW, QLD and SA. All three states saw a price jump for the Boost product, whilst NSW and QLD also saw an increase for the GloSave plan. There was a slight increase to rates on the UltraSave plan in NSW as well. Despite the price rise, GloBird still offers the cheapest single rate electricity offer to customers across all three of NSW’s distribution zones, according to our database.

AGL

Moving away from offering a fixed-rate plan, AGL has replaced the Super Saver deal with the Value Saver deal in NSW, QLD and SA. Value Saver mirrors the same deal offered already in Victoria, which comes with variable rates, no exit fees or lock-in contracts. Customers who sign up to the Value Saver must agree to e-billing.

EnergyAustralia

A few price changes for EnergyAustralia across the board on its Total Plan Home and No Frills products. This is due to the retailer introducing a $25 credit for signing up online.

Origin

Origin has introduced its ‘Solar Lite’ product in NSW and SA. This plan is marketed towards customers with solar panels who are looking for lower base rates as opposed to a high feed-in tariff. Solar Lite is a fixed rate plan with a benefit period of 12 months. Previously, this offer was only available to Queenslanders.

Simply Energy

Simply Energy has re-introduced its ‘Simply Energy Saver’ plan in Victoria, which comes with variable rates and a large guaranteed discount off usage and supply charges. It also increased the discount amount on its ‘Simply Movie Perks’ product, which comes with a smaller discount but gives customers 1,000 Vrewards points every month.

February 2022

Origin

In NSW, Origin has reduced the rates on its flagship offer, Flexi Rate ePlus, on the Ausgrid Network. This network covers the wider Sydney area and central-east coast of NSW. Origin is now the cheapest of the big three providers for this network area.

GloBird Energy

GloBird Energy has changed the rates on some of its offers in New South Wales, Queensland and South Australia. The Boost and GloSave plans in these three states have seen a significant price drop, as well as the UltraSave product in SA. In NSW and QLD however, the UltraSave plan saw a price increase. These plans still offer a $50 sign-up credit in NSW, QLD and SA.

ReAmped Energy

ReAmped has increased the rates on some of its offers in New South Wales, Queensland and South Australia. The Advance plan has seen an overall price increase in all three states, while a price jump was also noted for the Handshake plan in NSW and QLD. The Classic plan also saw an increase to its rates in NSW.

The retailer has also reduced the solar feed-in tariffs available on its market offers in NSW, QLD, SA, the ACT and Victoria.

ReAmped Energy

ReAmped Energy has changed the rates on some of its offers in Queensland and Victoria. In the sunshine state, the retailer has increased the rates of its Advance plan. In Victoria however, ReAmped Energy has lowered the costs for its Handshake and Classic plan. Handshake still remains as the cheapest single rate market offer across all five of Victoria’s distribution networks according to our database.

Bright Spark Power

Bright Spark Power has increased the usage rates on its flagship offer, Aussie Flat Rate Plan, in NSW and QLD. This has resulted in an overall price increase to this plan in both of these states.

GloBird Energy

In Victoria, GloBird Energy has reduced the rates on its carbon neutral energy plan, GloGreen. This has resulted in a significant price drop for this offer. The retailer has also re-introduced the GloSave and Boost electricity products to market. Both of these offers come with competitive variable rates and no exit-fees. GloSave also comes with a small discount for paying bills via direct debit.

CovaU Energy

CovaU has changed its plans in Victoria, dropping the Super Saver Plus deal for the new Super Saver and Super Saver Online. In addition to these new plans, CovaU Energy also offers solar-specific variants of the same name, offering a feed-in tariff for solar customers.

Sumo

Sumo has added a $50 online sign-up credit to some of its products available in NSW, QLD and Victoria. New customers in NSW and VIC can score this credit on the Assure and Freedom plans, whilst those in QLD can earn $50 off the Assure Advantage offer. This credit is also applicable on Sumo’s Assure and Freedom gas plans in NSW.

Nectr

Nectr has changed its line-up of plans in NSW, QLD and SA. It now offers the 100% Clean product, which comes with fixed rates for 12 months and offsets 100 per cent of its customers’ power usage at no extra cost. This deal also throws in a small credit for referring a friend to the retailer.

EnergyAustralia

EnergyAustralia has changed the rates on its No Frills plan in Victoria. This deal still locks in rates for 12 months and has no exit fees or lock-in contracts.

Powershop

Powershop has increased the rates on its 100% Carbon Neutral offer in NSW, QLD and SA. This has resulted in a slight overall price increase in NSW and SA and a significant price jump in QLD. There were no changes made to the 100% Carbon Neutral electricity plan in Victoria.

Origin Energy

In Victoria, Origin Energy has removed the sign up credit on its Everyday Rewards and Go offers in the state. This has resulted in a slight overall price increase on these plans. The retailer has also re-introduced Flexi Rate ePlus to Victorian customers. This offer comes with variable rates for 12 months and a small sign up credit, however, customers must agree to online billing and communications via email.

January 2022

Momentum Energy

In Victoria, Momentum Energy has changed the rates on all its market offers. This has resulted in a significant price drop for the ‘Self Serve’ and ‘Bill Boss’ products and a slight price rise for the ‘Smile Power Flexi plan’.

Powershop

In NSW, Powershop has introduced a new solar specific energy plan called ‘Super Solar’. This deal is marketed towards customers with solar panels, offering variable rates, GreenPower options and a whopping 13c/kWh solar feed-in tariff. Similar to Powershop’s other market offer, Super Solar is also 100 per cent carbon neutral.

Locality Planning Energy

In NSW, LPE has removed all its offers from market. The retailer still has one market offer in south-east Queensland, called ‘Mates Rate’. This plan comes with variable rates on an ongoing contract.

1st Energy

In Victoria, 1st Energy has made some changes to its product lineup, retiring its 1st Saver Plus offer and introducing three new plans. The new plans, ‘1st Super Saver’, ‘1st Super Saver Online’ and ‘1st Super Saver Menulog’ all offer variable rates on an ongoing contract. Each offer also comes with a guaranteed discount and bill credits which span across a 12 month period. The Menulog offer also comes with 10 x $20 Menulog vouchers for bill-payers to use.

The retailer has also increased the price of its ‘Prepay Value’ offer in the state. This plan requires customers to make an upfront payment of $2,000, which is then used as a credit on your future electricity bills.

EnergyAustralia

In NSW, EnergyAustralia has increased the guaranteed discount on its flagship offer, Total Plan Home. This has resulted in an overall price decrease for the plan in the state.

GloBird Energy

GloBird Energy has introduced a new product to its lineup in NSW, QLD, SA and Victoria, titled ‘GloGreen’. This is a variable rate offer that the retailer claims is 100 per carbon neutral, meaning any associated emissions from a customer’s electricity usage will be offset by GloBird. It comes with no exit fees and a small discount is available to customers who pay their bills via direct debit. New customers in NSW, SA and QLD can also snag a small sign-up credit.

The retailer has also made some further product changes in Victoria, removing the Boost and GloSave plans from market. It has also slightly reduced the price of its SureSave offer in the state.

CovaU Energy

Retailer CovaU Energy has added a new plan to its lineup in Victoria. The Super Saver Plus Online gives customers a $50 bill credit when they sign up online. This deal comes with a 30% guaranteed discount off usage and supply charges for 12 months.

Kogan Energy

Kogan Energy has re-shuffled its product lineup for the new year. The retailer has retired its flagship plan ‘Market Offer’ across the board and has introduced two new plans in partnership with Kogan First in its place. The first of these plans is the ‘Kogan Energy with Free Kogan First’ deal that offers variable rates and a complimentary 12 month membership to Kogan First, a discount and rewards system for shoppers. The second of these plans is the ‘Kogan Energy for Current Kogan First Members’ which is open to current members, and instead of offering a membership, rewards customers with a $49 one-off bill credit. These two deals are available in NSW, QLD, SA and Victoria.

The provider has also introduced a new basic, no discount, variable rate plan in NSW, SA and QLD which offers pricing similar to the reference price in these states.

EnergyAustralia

With the default tariff dropping in Victoria from January 1, EnergyAustralia has lowered its rates on the Total Plan Home product. This deal still comes with fixed rates for 12 months and has no lock-in contracts or exit fees.

December 2021

GloBird Energy

In Victoria, GloBird Energy has re-intorduced the Boost and GloSave products to market. Both of these plans offer variable rates with no lock-in contracts or exit fees. The GloSave product also offers a small discount to customers who pay their bill via direct debit.

Origin Energy

In Victoria, Origin has removed its latest Flexi Rate ePlus electricity plan from market. The gas counterpart for this offer has also been removed. This deal is still available in NSW, SA and NSW, however.

Lumo Energy

In Victoria, Lumo Energy has removed its Movers electricity plan. This product was targeted at renters which came without connection and disconnection fees. This deal is still available to customers in South Australia, however.

Momentum Energy

Momentum Energy has changed the rates on all its market offers in Victoria, Queensland and New South Wales. This change has resulted in a decent price drop for the SmilePower Flexi plan in these states. The Self Serve product is also now slightly cheaper in NSW and QLD, however, it is now more expensive in Victoria. Bill Boss has also seen a slight price drop in Victoria.

Alinta Energy

In QLD, Alinta Energy has reduced the usage rate on its two market offers – Home Deal and Sports Pack, resulting in an overall yearly price decrease. Unfortunately for solar customers, the provider has dropped its feed-in tariff rate to 8c/kWh in QLD and SA, while it has also been reduced in NSW to 6.7c/kWh.

November 2021

EnergyAustralia

EnergyAustralia has slightly increased the price of its flagship fixed rate offer, Total Plan Home in NSW, SA, QLD and Victoria. A price increase has also occurred for this product’s gas counterpart in eligible states.

Origin Energy

Origin Energy has slightly increased the rates on its fixed rate offers, Everyday Rewards and Go, in NSW, SA and QLD. The retailer has also retired its variable rate product, Go Variable, in these states and Victoria. This plan has now been replaced by the Flexi Rate ePlus product – an online only variable rate offer with a 12 month benefit period. To be eligible for this offer, customers will need to agree to online billing and communication via email. Flexi Rate ePlus is now one of Origin’s cheapest offers in most states.

Simply Energy

Victorians who sign up to Simply Energy’s market offers will receive a bigger guaranteed discount off usage and supply charges. All three plans – Simply Blue Perks, Simply Energy Saver and Simply Movie Perks are now considerably cheaper. Each deal in Victoria comes with variable rates but offers customers value-add incentives based on personal preferences.

GloBird Energy

In Victoria, GloBird Energy has slashed the price on its IdeaSave plan. The retailer has also retired its GloSave and Boost products from market. IdeaSave is now GloBird’s flagship offer in the state.

In Queensland, GloBird Energy has introduced Boost and re-introduced the GloSave product to market. Both of these plans offer competitive variable rates, no exit fees and a $50 sign-up credit. The GloSave product also comes with a small discount for those who pay via direct debit.

Bright Spark Power

New Aussie start-up retailer Bright Spark Power has increased the usage rates on its market offers in NSW and QLD. The Aussie Flat Rate Plan still comes with fixed rates and no exit fees.

Sumo

Sumo has removed its $50 credit off its electricity plans in all states. In Victoria, Sumo has decreased the rates on its Assure and Freedom deals, which are now notably cheaper.

Tango Energy

Tango Energy has reduced the rates on its Home Select product in NSW and QLD. This has resulted is a significant price drop, making it one of the cheapest offers available on the Ausgrid and Energex networks. The retailer has also slightly lowered the price of its signature GreenPower product, Tango Blue, in NSW.

In Victoria, Tango Energy has introduced a new fixed rate product to its line-up called ‘Prepay & Save’, which requires customers to make a one off $200 pre-payment before signing up to the plan. This payment is then used as a bill credit later on. Customers interested in this offer though will need to agree to direct debit payments, online communication and also get gas with Tango. The retailer has also updated its solar offer in the state. This product is now known as ‘Solar Saver’ and offers a FiT of 8.5c/kWh. Bill payers will also need to be signed up to gas with Tango in order to access this plan though.

October 2021

ReAmped Energy

In NSW, ReAmped Energy has reduced the rates on its Advance product. This offer requires customers to pay fixed fortnightly payments, two weeks in advance and is one of the cheapest plans that customers on the Ausgrid network can access.

GloBird Energy

GloBird Energy has reduced the rates on its Boost and GloSave products in South Australia. New customers who sign up to the provider can take advantage of cheaper prices on these two deals. The provider has also re-introduced its market offers in NSW – Boost, GloSave, UltraSave and SureSave.

Radian Energy

In NSW and QLD, Radian Energy has increased the usage and supply rates on its ‘Grid to Go’ plan. This has resulted in a slight price increase on the product in NSW and a significant price jump in QLD. The rates on this product have also changed in the ACT.

Kogan Energy

Kogan Energy has made some changes to its rates on its ‘Market Offer’ product. In Victoria, Queensland and South Australia, this deal is now cheaper, while it’s slightly more expensive in NSW.

Sumo

In New South Wales, Sumo has reduced the usage and supply rates on its market offers. This has resulted in a minor price drop for the retailer’s flagship offer, Sumo Assure, and a significant price reduction for the Sumo Freedom plan. A $50 bill credit is also available to new customers in NSW that sign-up to either of these plans. The solar feed-in tariff on these plans has also been reduced.

Momentum Energy

In Victoria, Momentum Energy has dropped the rates on its two market offers – Bill Boss and Self Serve. These two plans are now considerably cheaper across the state, meaning new customers who sign up to Momentum can take advantage of cheaper prices.

EnergyAustralia

EnergyAustralia has released a new product into its line-up called Balance Plan Home. This plan offers variable rates for 12 months, with a guaranteed discount on the usage and supply charges. Balance Plan Home is available in NSW, QLD, SA, Victoria and the ACT and comes with no exit fees. The discount on this plan will vary depending on location. EnergyAustralia has also reduced the solar feed-in tariff on all its products across the board.

Sumo

In Queensland, Sumo is offering a $50 sign-up credit on its sole market offer, Sumo Assure Advantage. This sign-up credit has resulted in an overall price drop, making it one of the cheapest plans available on the Energex network.

Powershop

Powershop has now retired its ‘$100 Offer’ in NSW, SA and QLD and its ‘$200 Offer’ in Victoria. The retailer now only has one sole market offer in these states – the 100% Carbon Neutral plan, which has also seen a slight overall price drop in each state.

September 2021

OVO Energy

In Victoria, OVO Energy has introduced a new market offer called ‘The Basic Plan’. Similar to its other market offer, this plan comes with variable rates and 10 per cent GreenPower included. Unlike its other product however, The Basic Plan does not require customers to agree to pay by direct debit. This plan is slightly more expensive than the retailer’s original market offer though and requires customers to own a smart meter.

Mojo Power

In Queensland and New South Wales, Mojo has increased the usage and supply rates on its All Day Breakfast and Single Minded plans. While this price increase has had only a small impact on these plans in NSW, it has resulted in a significant overall price increase in QLD. The retailer has also introduced a dedicated GreenPower plan, called ‘Evergreen’, in these states. This variable rate product allows customers with a smart meter to opt into 25, 50 or 100 per cent GreenPower for an additional cost.

Sumo

In Victoria and New South Wales, Sumo is offering a $50 sign-up credit on its Freedom and Assure plans. This sign-up credit has resulted in an overall price drop on these plans in these states.

GloBird Energy

GloBird has again made changes to two of its market offers in Victoria – Boost and GloSave. Rates are now slightly cheaper on these variable-rate plans. GloSave is its cheapest plan in Victoria and comes with a small discount for paying by direct debit.

Tango Energy

Tango Energy has continued to expand its services across Australia and is now offering electricity to Queenslanders. The retailer has one market offer in the state – its flagship, fixed rate offer ‘Home Select’ – that offers a decent amount off the reference price. Tango Energy is also offering a solar FiT of 5c/kWh to customers in QLD.

GloBird Energy

In Victoria, GloBird Energy has re-introduced its GloSave product to customers. This is another of the provider’s low variable rate plans that offers a small discount for customers who pay via direct debit. The retailer has also slightly decreased the price of its Boost product in the state.

EnergyAustralia

EnergyAustralia has made some changes to its Total Plan Home product – increasing the guaranteed discount on offer across all states. The Total Plan Home is now cheaper in NSW, VIC, QLD, SA and the ACT.

Sumo

Bundled utilities provider, Sumo, has recently launched in South Australia. The retailer is offering its Sumo Assure Advantage product to South Australians as its sole market offer in the state. This is a variable rate plan that sits reasonably well off the reference price, with no exit fees or lock-in contracts. Customers can also get a solar feed-in tariff of 8c/kWh on this plan.

ReAmped Energy

In Victoria, ReAmped Energy has decreased the rates of its Handshake product. This plan is now one of the cheapest offers across all five of Victoria’s distribution networks. The retailer has also slightly increased the price of its other market offer, Classic, in the state.

Tango Energy

Greener retailer, Tango Energy, has officially launched in the South Australia. The retailer is offering one market offer to SA customers known as Home Select. This product is a 12-month fixed rate plan with no exit fees or confusing discounts. The retailer also has a solar specific plan, Solar Plus, in South Australia, which offers a 20c/kWh feed-in tariff. However, customers will have to purchase their solar system with Tango Energy in order to receive this high solar FiT.

Dodo

In NSW, Dodo has significantly decreased the rates on its flagship product, Market Offer. This plan is now considerably cheaper for electricity customers.

Enova Energy

Enova Energy has significantly increased the usage and supply rates on its sole market offer, Community Plus, in NSW and QLD. This product is now significantly more expensive in these states. A small pay on time discount is still available on this offer.

Energy Locals

Energy Locals has renamed its flagship product to Online Member 2022 – a deal which gives customers access to wholesale rates for a monthly membership fee. Online Member 2022 is now considerably cheaper than its predecessor in NSW, QLD, SA and the ACT. The Online Member plan in Victoria has also decreased in price.

QEnergy

On the back of recent increases to the VDO, QEnergy has bucked the trend in Victoria, lowering its rates on the Mini Me product. This deal now holds very reasonable prices and has no exit fees or lock-in contracts.

GloBird Energy

GloBird Energy has made some changes to its product line-up in Victoria and South Australia. In Victoria, the provider has re-introduced its IdeaSave offer to new customers. This offer bundles in a yearly membership to ‘Small Ideas’, which offers family discounts off a range of activities, products and venues across Australia. GloBird Energy has also introduced a new variable rate plan to Victorians and South Australians, called Boost. The Boost plan is claimed to be best suited to medium to large households thanks to its lower usage rates. In South Australia, the Boost product also comes with a small sign-up credit.  GloSave, the retailer’s basic, low variable rate plan, has also been re-introduced to South Australians.

ReAmped Energy

ReAmped Energy has made some slight decreases to its rates on the Advance plan in NSW and QLD. Aside from its electricity rate changes, ReAmped has also increased its solar feed-in tariff to 7.1c/kWh in Victoria, and now offers customers a 3c/kWh solar feed-in tariff in NSW, QLD and SA on the Advance product.

Simply Energy

Simply Energy has increased the price on all its market and standing offers in Victoria as a result of the September 1 VDO change. This means that the rates on the ‘Simply Energy Saver’, ‘Simply Blue’ (now called Simply Blue Perks) and ‘Simply Movies’ (now called Simply Movie Perks) plans have increased. The retailer has also introduced its ‘Simply Seniors’ plan in the state. This plan offers a low variable rate and is only available to customers on a seniors card. Simply’s solar FiT on all its Victorian plans has also reduced to 6.7c/kWh, in line with the state’s minimum requirement.

Dodo

In Victoria, Dodo has increased the rates of its standing and market offers in line with the VDO change on September 1. This has resulted in a significant overall price increase on the ‘Market Offer’ and ‘Standing Offer’ plans across all five of Victoria’s distribution networks.

Momentum Energy

Momentum Energy has significantly reduced the price of its flagship offer ‘Self-Serve’ in NSW, QLD, SA and Victoria. Rates were also reduced on the ‘SmilePower Flexi’ plan in NSW, QLD and SA, resulting in a significant overall price drop on this product in these states. The ‘Move Mate’ electricity and gas offers in Victoria have also now been retired. This product was specifically designed for renters and movers.

EnergyAustralia

EnergyAustralia has increased its prices on its market and standing offer plans in Victoria as a result of the VDO changing on September 1. This means the rates on the Total Plan Home, No Frills and Basic Home have risen across Victoria.

Origin Energy

In line with the September 1 Victorian Default Offer or VDO price increase in Victoria, Origin has increased the prices on its ‘Standing’ offer across all five distribution networks in Victoria. The retailer has also increased the price of its flagship ‘Everyday Rewards’ and ‘Go’ plans across these networks.

August 2021

Red Energy

In NSW, Red Energy has significantly reduced the usage and supply rates on all its market offers, resulting in a large overall price drop on the ‘Living Energy Saver’, ‘Qantas Saver’, ‘Red Taronga Saver’ and ‘BCNA Saver’ plans. The retailer has also changed the prices on all its market offers in the ACT, however, these changes have resulted in a significant price increase for the plans.

1st Energy

1st Energy has increased its pay on time discount on its 1st Saver Plus plan in Victoria. The rates on its other product, Prepay Value, have also dropped, along with its solar feed-in tariff for customers across Victoria.

ReAmped Energy

ReAmped Energy has adjusted its prices across all its product offerings in NSW, QLD, SA, Victoria and the ACT. In NSW and SA, the retailer has significantly reduced the price on all its market offers, whilst QLD and the ACT only saw a minor price change to these plans. In Victoria, ReAmped Energy has also reduced the supply charge on the Handshake plan, leading to an overall price decrease. The solar feed-in tariff on the retailer’s dedicated solar plan has also seen a price decrease and restructure in NSW, SA, QLD and the ACT. ReAmped Energy’s offers are now amongst some of the cheapest deals across all distribution networks in each of these states and territory.

Powerclub

In Victoria, Powerclub has increased the usage rates on its ‘Powerbank Home Flat’ plan, resulting in a significant overall price increase. The solar FiT on this offer was also reduced to 6.7c/kWh, in line with the new minimum FiT requirement imposed in the state. Powerclub has also increased the membership fee on this plan to $45. This membership fee increase also occurred in NSW, QLD, SA and the ACT, causing a tiny price increase on the ‘Powerbank Home Flat’ and ‘Powerbank Home Flat Smart’ plans in these states.

Alinta Energy

In Victoria, Alinta Energy has reduced its solar FiT offered on its plans to 6.7c/kWh, in line with the new minimum solar FiT requirement in the state. The retailer’s flagship offer, ‘Homedeal’, still remains as one of the cheapest deals available to Victorians on the Citipower network.

Amber Electric

Amber Electric has adjusted the pricing of its flagship offer, ‘Amber Plan’, in Victoria, NSW, QLD, SA and the ACT. In NSW, QLD and SA, this plan has seen a slight overall price drop, thanks to a significant drop on the general usage charges. In Victoria and the ACT, however, this plan has seen a massive price increase. The retailer has also reduced its solar FiT on its plans in Victoria to 6.7c/kWh in line with the new imposed minimum FiT charge in the state.

Discover Energy

In Victoria, Discover Energy has retired its ‘Introductory Offer’. This offer has now been replaced with the ‘Smart Saver’ offer, which was previously only available in NSW, QLD and SA. Smart Saver is a variable rate plan that comes with similar usage rates to those seen on the Introductory Offer. Customers who sign-up to  this plan will also need to sign-up to e-billing and direct debit or credit card payments.

Social Energy

Social Energy has changed the usage and supply rates on its flagship offer ‘Better Together’ in NSW, QLD, SA and the ACT. The Better Together plan still offers a decent discount off the reference price in these states and a generous solar feed-in tariff, granted that customers purchase a solar battery and system through the retailer. This plan is only available to solar customers. Non-solar customers, however, can still sign-up to the provider, just under its ‘Basic Plan’.

CovaU Energy

CovaU has retired its ‘Freedom Plus’ and ‘Freedom Plus Solar’ plans from its product line-up in QLD and NSW. Replacing these offers is the ‘Freedom’ and ‘Freedom Solar’ variable rate plans. These plans both offer the same usage and supply rates, however, they are slightly more expensive than the original offers. The retailer has also significantly reduced its solar FiT offering to 5.5c/kWh on its ‘Freedom Solar’ plan in all locations.

In addition to changing its product line-up, CovaU has also expanded to SA and the ACT. Customers in these states now have access to the ‘Freedom’ and ‘Freedom Solar’ plans. In SA, these plans are quite competitively priced.

Simply Energy

Simply Energy has introduced its ‘Simply Seniors’ plan in QLD. Simply Seniors is a low variable rate plan that offers similar usage rates as those seen on the ‘Simply Blue Perks’ offer. As the name suggests, this offer is only available to customers who hold a seniors card.  Previously this offer was only available in NSW and SA.

In NSW, Simply Energy has also renamed its ‘Simply NRMA Members’ plan. This offer is now known as just ‘Simply NRMA’.

AGL

In SA and QLD, AGL has increased the price of its ‘Super Saver’ electricity plan. While SA’s changes were only minor, QLD, has seen a significant overall price increase as a result. The retailer has also reduced the solar FiT offered on its designated solar plan, Solar Savers, to 12c/kWh across SA, QLD and NSW.

Diamond Energy

Diamond Energy has significantly reduced the price of its flagship offer, Everyday Renewable Saver, in NSW, QLD and SA. The solar feed-in tariff on this plan has also decreased across these states and Victoria to 7c/kWh. This offer still comes with additional discounts for paying on time or by direct debit. The largest decrease in price from Diamond Energy was seen in SA.

GloBird Energy

GloBird Energy has made a few changes to its product line-up in NSW and Victoria. In NSW, the retailer has retired its ‘UltraSave’ and ‘SureSave’ products from the market. As a result, new customers in NSW can now only sign-up to GloBird Energy’s default offer which is equal to the reference price.

In Victoria, the ‘EasySave’ plan has been retired from the market once again. Taking its place is the ‘SureSave’ plan – a variable rate offer that comes with a small discount for customers who pay by direct debit. SureSave is currently the retailers only market offer available to new customers in Victoria.

Powershop

Powershop has introduced a new product to its line-up in NSW, VIC, QLD and SA. This product offers the same competitive, variable rates as those seen on the ‘100% Carbon Neutral’ plan, however, it comes with the added bonus of a one-off, sign-up credit. In NSW, QLD and SA this plan is called the ‘$100 Offer’ and gives customers a $100 bill credit. In Victoria, however, it is called the ‘$200 Offer’, and awards customers, as you may be able to guess, a $200 bill credit.

Kogan Energy

Kogan Energy has introduced a new offer in NSW, VIC, QLD and SA called the ‘$300 Offer’. As the name suggests, this offer comes with a $300 one-off bill credit for customers who sign-up to this plan and a Kogan Money Black Card before September 30 2021. Once signed up to the plan and card, bill-payers will then need to spend $1,500 or more on eligible purchases using the card within the first 90 days of its credit card approval date. The ‘$300 Offer’ is a variable rate plan with similar rates to those seen on Kogan Energy’s other product, the ‘Market Offer’.

OVO Energy

In Victoria, OVO Energy has slightly increased the usage rates on its ‘The One Plan’, causing an overall price increase. The retailer has also reduced the solar feed-in tariff on this plan to 8c/kWh. The One Plan, however, is still one of the cheapest offers on the Citipower network.

Energy Locals

Energy Locals has significantly increased the price of all its offers in NSW, QLD, SA, Victoria, Tasmania and the ACT. Both the usage and supply rates on the Online Member and Local Member plans saw a jump in these states and territories, with NSW seeing the largest change in price.

Origin Energy

Origin has increased its rates in Victoria on its Basic deal – a plan that once sat in line with the Victorian Default Offer (VDO). Origin’s Basic in Victoria now sits a little higher than the default price. The retail giant also made changes to its solar plans in Victoria, including a small decrease to the feed-in tariff on its ‘Solar Boost Plus’.

Momentum Energy

Momentum Energy has significantly increased the price of all its market offers in Victoria. The Self Serve, Bill Boss, Move Mate and Smile Power Flexi plans have all seen a massive price jump in the state, the most significant of these changes coming to the the retailer’s flagship offer, the Bill Boss plan. The Self Serve plan is now Mometum Energy’s cheapest offer on the Citipower network.

EnergyAustralia

In Victoria, EnergyAustralia has slightly increased the price of its Total Plan Home offer. This offer is still the retailer’s flagship offer in Victoria and offers a decent solar feed-in tariff of 10.2c/kwh.

July 2021

Origin Energy

Origin Energy has changed the name and rates on its Home Support offer, across NSW, QLD, SA, VIC and the ACT. This offer is now known as the ‘Home Assist’ plan in these states, with usage and supply rates seeing a major drop across the board. This plan still offers a 12-month Allianz Emergency Home Assistance membership and fixes rates for 12-months.

GloBird Energy

In Victoria, GloBird Energy has had a slight switch up to its product line-up, retiring its SureSave plan in the state and bringing back the EasySave plan in its place. The EasySave plan, previously offered in the state, offers variable rates with no conditional discounts or credit card fees. This plan however, does require customers to pay with direct debit. EasySave is now GloBird’s sole market offer in Victoria.

Powerclub

Powerclub has changed the rates on its flagship offer, Powerbank Home Flat, in NSW, QLD and SA. These rate changes have resulted in a slight price increase for NSW and QLD and a significant price decrease in SA. As a result, this offer is now one of the cheapest electricity plans for households in SA. Powerclub has also significantly reduced its solar FiT’s on this plan across all three of these states.

Elysian Energy

Elysian Energy has taken the July 1 reference price changes as an opportunity to completely re-design its product line-up and payment model across the country. The retailer now has one sole market offer, called ‘Power Maximiser’, that uses a subscription based service as opposed to charging general and daily supply rates. Customers on this offer pay a monthly subscription fee, which includes the first 250kWh of energy usage. Additional energy usage outside this amount is charged at a competitive, low rate. This offer is available in Victoria, NSW, SA, QLD and now the ACT and Tasmania, where Elysian Energy has recently launched. Power Maximiser is also now one of the cheapest offers across each of these states and territories, particularly in SA, Tasmania and the ACT. This offer has replaced the Super Simple, Simple, The Minimalist, A New Chapter, The Good Life and The House plans from Elysian.

ReAmped Energy

In Victoria, ReAmped Energy has increased the usage rates on its flagship offer, leading to a significant price increase on the Handshake plan. This price increase has bumped ReAmped from the top spot on all five distribution networks in Victoria.

Tango Energy

In light of the July 1 reference price changes, Tango Energy has slightly increased the price of its Greenpower plan, Tango Blue, in NSW. The retailer’s market offer, Home Select, has not been impacted by these changes and remains competitively priced on NSW’s Ausgrid network.

1st Energy

1st Energy has modified some of its products in NSW, QLD and SA following the reference price changes on July 1. The 1st Saver Plus Online plan has been retired in NSW, QLD and SA, leaving the retailer’s 1st Saver product to now become its flagship offer in these states. This offer, which was previously named 1st Saver Plus, has also seen a slight price drop in NSW and QLD, thanks to a reduction in general usage rate charges. A small pay on time discount is still available on this plan in QLD, NSW and SA.

QEnergy

In NSW, QLD and SA, QEnergy has re-shuffled its product line-up, closing off its plans to new customers and only offering products to existing customers in these states. QEnergy’s plans in Victoria however, will remain open to both new and existing customers. The solar feed-in tariffs on these VIC plans have also recently dropped to 6.7c to align with the minimum FiT change seen in the state on July 1.

Red Energy

Red Energy is another retailer to reduce the price of its market offers in QLD and SA in light of the reference price change in these states. Prices for the retailer have dropped the most in QLD, with SA following close behind. The retailers prices in NSW however, have remained the same during these changes. Red Energy has also reduced its solar feed-in tariffs in each of these states, however, it still offers one of the most attractive feed-in tariffs in NSW.

Momentum Energy

Momentum Energy has significantly increased the price of its market offers in NSW, QLD and SA, following the reference price change on July 1, with the biggest price increase coming to new customers in QLD. The retailer has also decreased its solar feed-in tariffs in these states, as well as in Victoria. The FiT change in Victoria comes after the minimum FiT retailers are required to offer was reduced on July 1. The provider, however, still offers a generous feed-in tariff on its solar plan in NSW, QLD, VIC and SA.

Mojo Power

In light of the reference price changes seen on July 1, Mojo Power has reduced the price of its flagship offer in NSW and QLD. Mojo Power now remains as one of the cheapest offers on the Energex network in QLD and Ausgrid network in NSW. The retailer also decreased the prices of its standing offer in SA, again, to be in line with the new reference price. Solar feed-in tariffs from the provider haven’t seen too much friction in these states though and still hold up competitively in each state.

Lumo Energy

In South Australia, Lumo has slightly reduced the price of its Basic, Plus and Lumo Movers plans, in line with the reference price changes on July 1. The retailer has also significantly reduced its solar feed-in tariffs in SA. Lumo’s FiT’s on its Victorian offers however, remain quite competitive, despite the minimum FiT offered by providers being reduced in the state on July 1.

Dodo

Dodo has significantly decreased the prices of its market offer in QLD and SA, following the July 1 reference price change in these states. However, prices have remained the same in NSW. Dodo is now among the cheapest offers on the Energex network in QLD and consistently offers an attractive solar feed-in tariff across NSW, QLD, SA and VIC.

Bright Spark Power

Following the July 1 reference price changes, Bright Spark Power has kept its usage rates and prices fairly the same in QLD and NSW. However, the retailer has retired its Flexi Rate plan, and slightly decreased its solar feed-in tariffs in light of the changes.

GloBird Energy

In Victoria, GloBird Energy has removed the GloSave, IdeaSave and My Home plan from its product line-up. New customers in VIC now only have access to the SureSave plan – a variable rate plan that offers a small pay on time discount. The solar feed-in tariff for this plan has also decreased to 6.7c in line with the minimum FiT changes in VIC. GloBird has not yet made any changes to its offers in NSW, QLD and SA following the July 1 reference price change.

ReAmped Energy

Some slight changes have been made to the FiT’s on ReAmped Energy’s flagship offers in VIC. Reflecting the new minimum solar FiT in VIC, the Classic and Handshake plans in the state will now offer 6.7c instead of the previous 10.2c. The provider has also introduced a $100 anniversary credit to its Handshake plan in NSW, VIC, QLD, SA and the ACT. This credit is given to customers after they spend a year with the retailer, rewarding them for their loyalty. ReAmped has not made any significant changes to its usage rates and prices following the July 1 reference price change in NSW, QLD and SA and still remains as one of the cheapest retailers in each of these states.

Nectr

Another retailer that’s adjusted its product line-up in NSW, QLD and SA following the reference price changes on July 1 is Nectr. Across these states, customers now have access to two new plans from Nectr, ‘Online’ and ‘Solar Online’. Both of these plans, as the names suggest, are online only and offer fixed rates for 12-months, with the Solar option offering a small solar feed-in tariff. Nectr’s original market offers have also had a slight makeover, renamed from Friends Clean and Friends Clean Solar to Clean and Solar Clean. With the Online plan now becoming Nectr’s flagship offer, the Clean plan has seen a massive price increase in NSW and QLD, with SA remaining at the same price. Despite the addition of a new solar plan, the provider’s solar feed-in tariffs also saw a decrease across the board, with the biggest drop occurring in SA. Nectr has also removed the small sign-up credit from its Clean plan.

Simply Energy

Simply Energy has also modified some of its products in NSW, QLD and SA in light of the July 1 reference price change. Most notably, the retailer has introduced a Seniors only electricity plan in NSW and SA, called ‘Simply Seniors’, which offers low variable rates and a guaranteed discount to customers with a Seniors Card. In addition to this, Simply’s flagship offers in each state have also had a slight name and price change. In NSW, the Simply NRMA plan is now the Simply NRMA Members plan, with prices increasing slightly for both this plan and Simply’s other market offer in the state. Prices also increased for this offer in QLD, now renamed as the Simply Blue Perks, however, SA has seen an decrease in prices for this plan, now known as Simply RAA Members, as well as for it’s other marker offer. The provider’s solar feed-in tariffs have also decreased across the board.

EnergyAustralia

In line with the July 1 reference price change, EnergyAustralia has slightly adjusted the prices of its products in NSW, QLD and SA. While the Basic Home plan saw a reduction across all these states, the brand’s flagship offer, Total Plan Home, saw a price increase across the board. The No Frills offer also slightly increased in QLD, but decreased in NSW and SA. EnergyAustralia’s solar feed-in tariffs have not seen a change at this time however, and still remain quite competitive, especially in SA.

AGL

AGL has completely reshuffled its electricity plans in NSW, VIC, QLD and SA – removing the Essentials, Essentials Saver, Essentials Plus and Basic products. These have been replaced with Super Saver (fixed rate plan), Flexible Saver (variable rate plan) and standing offers with pricing in line with the DMO/VDO. The power giant has also scrapped its existing seniors deals for a new plan targeting concession holders called the ‘Seniors Saver’. AGL’s solar products – Solar Savers – have also changed in price, again in line with the new July 1 reference price amounts across each distribution network.

Origin Energy

From July 1, Origin Energy has made adjustments to its product lineup in NSW, QLD and SA. All of its market offers in these states are now a little cheaper to reflect the new reference price amounts across each distribution zone. Origin has also reduced the amount of Everyday Rewards points on offer when customers sign up from 10,000 to 5,000, as well as decreased some of its solar feed-in tariffs in all states, including Victoria and the ACT.

Powerdirect

Some slight changes to Powerdirect’s flagship offer, Rate Saver, have been made in Victoria, NSW, QLD and SA. These price changes reflect the new reference price in NSW, QLD and SA. In VIC, Rate Saver has seen a marginal increase to its rates.

June 2021

GloBird Energy

GloBird Energy has introduced two new plans in NSW, QLD and SA; the UltraSave plan and the SureSave plan. Both of these plans offer variable rates, no exit fees and a small discount for paying via direct debit. New customers can also cash in on a small sign-up credit on both plans. These plans have replaced the GloSave and EasySave plans in these states. GloSave is now only available to Victorian customers. The Easysave product is no longer available to new GloBird customers. UltraSave is now GloBird’s flagship offer in NSW, QLD and SA.

ReAmped Energy

The price war in Victoria continues with ReAmped Energy once again reducing the usage rates on its Handshake plan in the state. This plan is now the cheapest, no discount, variable rate offer across all five of Victoria’s distribution networks.

Kogan Energy

In NSW, QLD and SA, Kogan Energy has changed its rates on its variable rate Market Offer plan. In NSW, this deal is now slightly cheaper, while in QLD and SA, the plan is a little more expensive to new customers.

Powershop

Powershop has launched the 100% Carbon Neutral plan in NSW, QLD and SA. This plan comes with variable rates and offers customers with carbon offsets at no additional cost. This plan is Powershop’s new flagship offer, replacing the Shopper Market Offer and PowershopLITE products which are no longer being offered in these states. While traditional billing is defaulted on this plan, customers can still access limited edition Powerpacks and pre-paid packs if they would prefer. Previously, the 100% Carbon Neutral product was only available in VIC.

GloBird Energy

GloBird Energy has increased the usage and supply rates on its two market offers across NSW, QLD and SA. GloSave and EasySave are now considerably more expensive across all three states. It comes after it lowered prices just recently in Victoria. Speaking of Victoria, customers can take advantage of a price war right now which sees GloBird and ReAmped Energy going back and forth. GloBird has again reduced the usage rates on its GloSave plan, meaning Victorians can bag huge savings off the VDO.

ReAmped Energy

ReAmped Energy has slashed the price of its flagship offer in Victoria, with the Handshake plan now offering prices that are well below the VDO across all five distribution areas. This plan now offers the lowest, no discount, variable rates across the state.

GloBird Energy

Kicking off the month of June is GloBird Energy, however this time re-introducing its flagship offer to Victorian customers. The GloSave plan is back in VIC and comes with prices that are well below the VDO across all five distribution areas. This product has variable rates, a small discount for paying on time by direct debit and no exit fees. GloBird have also launched a new plan called ‘My Home’, a variable rate deal only available to customers in Victoria with a smart meter.

May 2021

EnergyAustralia

Thanks to a small increase to its guaranteed discount from 13% to 14% in South Australia, the Total Plan Home product is slightly cheaper overall. This plan comes with fixed rates for a year and customers can opt in to 100% carbon neutral energy at no extra cost. In Victoria and Queensland EnergyAustralia has dropped the $50 sign-up credit on the Total Plan Home product, meaning this deal is now $50 more expensive per year.

ReAmped Energy

ReAmped Energy has lowered the price of its ‘Advance’ plan in QLD, reducing the daily usage rates. The Advance plan is now the cheapest market offer for Queensland residents on the Energex network.

Mojo Power

Mojo Power has dropped its usage and supply rates on its flagship offer – All Day Breakfast – in NSW and QLD. The electricity deal is currently the cheapest on the Ausgrid network in Sydney according to our database. Its other plan, Single Minded, also decreased in price in NSW, but increased in price in QLD.

Alinta Energy

Alinta Energy has made sweeping changes to its Home Deal plan, dropping rates in Victoria and New South Wales. Home Deal has also replaced the ‘No Fuss’ product in South Australia, while Alinta has re-released its Sports Pack plan in each state where customers receive a 12-month Kayo Basic subscription in exchange for slightly higher rates.

Simply Energy

In New South Wales, Simply Energy decreased the prices on its Simply Blue and Simply Energy Saver plans. The usage and supply rates on these plans however, have not changed. Guaranteed discounts are still available for both plans. Simply Energy has also changed prices in Victoria on the Simply Blue plan, while prices have dropped considerably for the Simply Energy Saver product in South Australia.

April 2021

Momentum Energy

Momentum Energy has dropped its usage rate on its Self Serve plan across NSW, QLD and SA. Overall annual prices in NSW and QLD have decreased slightly, while SA saw the biggest decrease of around 4%.

EnergyAustralia

The Total Plan Home plans in south east Queensland and Victoria have reduced in price. This plan in both states offers customers a $50 sign-up credit and include fixed rates for 12 months.

GloBird Energy

In New South Wales, GloBird has increased the general usage rate on its Glosave plan. This has resulted in an overall price increase for the plan. Conditional discounts for paying on time by direct debit are still applicable for this plan.

Radian Energy

Radian Energy has scrapped its solar offerings in NSW, QLD and the ACT, while also reducing its rates on its Grid To Go plan. This product still comes with fixed rates with all of a customer’s power usage carbon offset at no extra cost.

Lumo Energy

In Victoria, Lumo has changed the price of its Value and Lumo Movers plans, decreasing the daily usage rate. Despite the decrease, these rates are still currently not the cheapest option for Victorian customers on the Citipower network.

GloBird Energy

In Queensland, GloBird Energy has reduced the price of its GloSave and EasySave plans, decreasing both the usage and supply charges. GloBird now sits as the fourth cheapest electricity provider in Queensland for homes on the Energex network. In Victoria, GloBird has introduced a new plan called the ‘IdeaSave’. This deal charges customers a small yearly membership fee that unlocks discounts to a range of activities and venues. It also comes with an annual loyalty credit as well as a tiny discount for paying bills by direct debit.

Dodo

In Victoria, Dodo has changed its prices on the Market Offer plan, decreasing the supply charges. This deal now sits at 12% less than the VDO for households on the Citipower network.

Origin Energy

In NSW, Origin has removed its $50 bill credit on the Go and Everyday Rewards plans. This has resulted in an overall price increase.

ReAmped Energy

ReAmped Energy has dropped its supply charge on its Advance plan across the Energex network in South East QLD. Customers on the Advance product must agree to fixed fortnightly payments, paid in advance.

EnergyAustralia

In NSW, EnergyAustralia has removed the $50 sign-up credit off its two market offers – Total Plan and No Frills. The Total Plan in NSW has also seen an increase to its guaranteed discount, which is now 24% off usage and supply charges for a one year benefit period.

Energy Locals

Energy Locals has dropped the usage rate on its Online Member plan in NSW across the Ausgrid and Endeavour networks. In Victoria, the retailer has replaced the Local Saver with the Local Member plan and brought in the Online Member. All plans come with access to wholesale rates in exchange for a monthly membership fee.

GloBird Energy

At it again is GloBird Energy, cutting rates slightly on the EasySave plan in South Australia. In Victoria, GloBird’s ‘GloSave’ and ‘EasySave’ products on single rate tariffs are currently not available.

AGL

AGL has reintroduced the Essentials Plus plan to NSW, Victoria and QLD, which comes with fixed rates for two years. It has also launched the Basics deal which has variable rates. Both deals in each state offer customers small credits off their quarterly bills for the duration of the benefit periods. Essentials Plus and Basics have replaced AGL’s Essentials and Essentials Savers in these states.

1st Energy

1st Energy has added new online variants of its 1st Saver Plus plans in NSW and QLD, fittingly named ‘1st Saver Plus Online’. Like the name suggests, customers must sign up to these deals online, which are now the provider’s cheapest plans in NSW and QLD. The 1st Saver Plus products in both states have had their pay on time discounts reduced, resulting in slight price increases.

Red Energy

Red Energy has made some price adjustments to its product lineup in the ACT, while the retailer has also decreased its solar feed-in tariff from 9.5c to 8.5c/kWh in NSW on all of its market offers. However, Red Energy has launched a solar-specific deal in NSW called the ‘Red Solar Saver’ which offers a generous feed-in tariff rate of 18c/kWh for the first 5kWh per day of electricity exported back into the grid.

GloBird Energy

Globird has made some slight adjustments to its usage rates on its market offers in NSW. The GloSave and EasySave plans are now a little bit cheaper on the Ausgrid network.

March 2021

Momentum Energy

Momentum Energy has added a $50 sign-up credit to its Bill Boss plan in Victoria. It has also introduced the Self Serve and Solar Step Up products to New South Wales and South Australia. The Self Serve Plan has become Momentum’s cheapest plans, overtaking the SmilePower Flexi deals in both NSW and SA.

Origin Energy

Origin has introduced a new plan to its line up, called the ‘Go Variable’. Unlike the standard Go plan which lets customers lock in rates for 12 months, this product comes with variable rates for a year. It is available in NSW, Victoria, QLD and SA.

ReAmped Energy

Despite only launching in Victoria this month, ReAmped Energy has dropped the rates of its ReAmped Handshake deal. Currently, it sits at 24% off the Citipower VDO, which is the cheapest deal in VIC on our database. This plan has low variable rates, no discounts or exit fees, as well as no lock-in contracts.

GloBird Energy

A retailer living up to its reputation of changing prices frequently is GloBird Energy, which just changed its usage rates on market offers again in Victoria. The EasySave and GloSave plans are now around three per cent cheaper per year on the Citipower network in Melbourne.

Powerdirect

In what’s already been a busy March for price changes, Powerdirect has slashed rates on its Rate Saver product across NSW, Victoria and QLD. This is a deal that comes with fixed rates for 12 months and has no exit fees.

ReAmped Energy

ReAmped Energy has dropped the supply rate on its ReAmped Advance plan in South Australia. This deal now currently sits at 24% less than the SA Reference Price. ReAmped Advance has no exit fees, variable rates and customers must pay electricity in advance, as the name suggests.

OVO Energy

Dropping prices across the board in each state is OVO Energy. ‘The One Plan’ is now marginally cheaper in NSW, QLD and SA, while in Victoria this deal is notably cheaper thanks to big decreases to its usage and supply rates.

QEnergy

Brisbane-based QEnergy has made a statement to customers in Melbourne, making sizable drops to the usage and supply rates on its Mini Me plan. Mini Me on the Citipower network now sits at 20% below the VDO, and is currently the third cheapest deal in the region, according to our database.

Origin Energy

Origin has made some adjustments to its key plans in Victoria and New South Wales. Go and Everyday Rewards now offer customers sign-up credits of $25 and $50 in VIC and NSW respectively. The Origin Flexi deal in NSW has seen a slight decrease to its guaranteed discount, from 14% to 12%.

Alinta Energy

Alinta Energy has dropped the rates on its Home Deal plan in Queensland. Sitting at now 17 per cent below the Energex Reference Price, Home Deal comes with no exit fees or lock-in contracts – just competitive rates.

Powerclub

In Victoria, Powerclub has reduced the usage and supply rates on its Powerbank Home Flat plan. To sign up to this deal, customers will still need to pay an annual fee to access cheaper wholesale rates. Powerclub is currently the second cheapest provider on the Citipower network in Melbourne, behind ReAmped Energy.

Simply Energy

Simply Energy has increased the guaranteed discounts offered on both of its market offers in NSW. Discounts on the Simply NRMA and Simply Energy Saver plans are now 22% and 21% respectively, which has made both products a little cheaper overall. These discounts apply to the whole bill – electricity usage and supply charges.

Lumo Energy

The supply rates on Lumo Energy’s market offers in Victoria have gone under the knife. Lumo Value and Lumo Movers are now cheaper in Melbourne, and customers can lock in rates on the Value plan for a minimum of 12 months until 31 August 2022.

GloBird Energy

It’s been a busy year already for GloBird Energy with various changes taking place in January and February. This month it’s a slight adjustment to rates on the GloSave plan in Victoria, which has increased marginally in price.

Mojo Power

Mojo Power has chopped and changed prices on its plans in NSW and QLD. The All Day Breakfast deal has gone up slightly in NSW, but decreased in QLD, while the Single Minded product has dropped in price across both states.

Discover Energy

Discover Energy has slashed its usage and supply rates on the Smart Saver plan in South Australia. The deal still comes with a generous unconditional discount which is ongoing. Discover Energy also launched in Victoria, offering customers its ‘Introduction Offer’, which mirrors the retailer’s Smart Saver plan in all other states.

February 2021

Tango Energy

Tango Energy’s Home Select plan in Victoria has had a reduction in its usage and supply rates. As a result, this product is now cheaper overall and still comes with fixed rates for 12 months.

Dodo

Dodo has reduced its usage rates on its Market Offer plan in Victoria. This deal comes with variable rates, no exit fees or lock-in contracts. Market Offer has a monthly billing cycle and an average solar feed-in tariff.

1st Energy

1st Energy has upped the discounts on its market offers in New South Wales and Queensland. In NSW, the 1st Saver Plus plan now carries a discount of 18% for paying on time, and QLD 15% off the Reference Price. There were no changes to plans offered in other states.

GloBird Energy

Shortly after re-introducing the EasySave and GloSave plans in Victoria, GloBird Energy has reduced the rates on both plans. Each product comes in well under the VDO and as of February 24, the EasySave deal is the cheapest plan on our database for customers living on the Citipower network in Melbourne.

Elysian Energy

Elysian Energy has increased its discount and introduced a $200 sign up credit to its NSW plan. The credit is split over the first four bills, which are paid monthly. As of February 23, Elysian is offering the cheapest plan in our comparison tool for the Ausgrid region in NSW.

EnergyAustralia

EnergyAustralia has made sweeping changes to its discounts across its electricity and gas range. For the most part, prices seem to have come down on the No Frills and Total Plan Home deals. It has also upped its sign-up credit to $50 per fuel type in NSW, QLD and VIC, where $25 was previously offered.

CovaU

CovaU has removed its Smart Saver offer from its electricity and gas lineup in Victoria. Instead the retailer has replaced it with a new plan known as the Super Saver Plus and has introduced the Super Saver Plus Solar.

Diamond Energy

Diamond Energy has reduced its usage and supply charges on the Everyday Renewable Saver plan in Victoria, which has resulted in a significant price drop. This offer now sits at 12% below the VDO provided all discount conditions are met, which include paying on time, signing up to direct debit payments and agreeing to e-Billing.

GloBird Energy

GloBird Energy has re-introduced its ‘EasySave’ and ‘GloSave’ plans in Victoria, where both products are well positioned below the Victorian Default Offer. The same two plans have also changed prices in NSW and SA, becoming slightly cheaper overall. EasySave and GloSave are variable rate deals with no exit fees.

Amber Electric

Amber Electric’s prices have matched the Victorian Default Offer in the Melbourne state. It has also added a $180 annual fee to its costs for access to wholesale prices, but the good news is that its supply charge is now significantly low to make up for it.

AGL

AGL has reduced its rates on the Essentials electricity plan in Victoria and New South Wales. In VIC, Essentials now sits at 11% below the VDO (Citipower) while Essentials in NSW is now 21% less than the Reference Price (Ausgrid).

Energy Locals

Following on from VDO changes, Energy Locals has reduced the rates on its sole market offer in Victoria. The Local Saver plan now sits at 9% below the VDO.

Alinta Energy

Alinta Energy has removed its Sports Pack electricity plan from Victoria. This deal is still available in the other states which comes with a 12-month Kayo Basic subscription.

Kogan Energy

Kogan Energy has drastically reduced its rates on its sole ‘Market Offer’ plan in Victoria, with huge savings off the VDO. This is a variable rate deal, meaning prices may change in the future. Kogan’s Market Offer has no exit fees and is an ongoing contract.

EnergyAustralia

EnergyAustralia has upped the prices on its No Frills plan in NSW and SA. As this is a fixed rate deal, customers on this plan won’t see their rates change until 12 months from their commencement date passes.

Origin Energy

Origin has made very slight adjustments to the usage and supply rates on the Go and Everyday Rewards plans in Victoria. Both deals still sit at 10 per cent below the VDO.

January 2021

Sumo

In Victoria, Sumo has reduced its usage and supply rates on its market offers – Sumo Assure and Sumo Freedom. The retailer has also ditched its fixed rate energy plan – Sumo Lite – in NSW and Victoria.

Momentum Energy

Momentum has made changes to its product line up in Victoria and Queensland, resulting in its plans getting somewhat cheaper. In VIC, the Self Serve, Bill Boss, SmilePower Flexi and Move Mate plans are now cheaper. In QLD, it’s SmilePower Flexi that has had a rate cut.

Mojo Power

In NSW, Mojo Power has made a slight reduction to its usage and supply rates on the All Day Breakfast plan across the Ausgrid and Essential Energy distribution networks. This plan is still Mojo Power’s cheapest offer in NSW, sitting at 32% below the Ausgrid Reference Price.

1st Energy

1st Energy has made some changes to its plan in line with the reduction of the Victorian Default Offer on January 1. In Victoria, its standing offer has been reduced to match the $1,270 price cap, and in addition, it has also reduced the rates on its market offers by around 10%.

GloBird Energy

GloBird Energy has reduced the rates on its SureSave plan in Victoria, which still comes with a small direct debit discount. The retailer is no longer offering the EasySave and GloSave products for Victorians on single rate tariffs.

Powerclub

Powerclub has reduced its electricity usage rates on the Powerbank Home Flat plan in Victoria, which now comes in at 16% below the VDO. This deal still gives customers access to wholesale rates, however those who sign up will need to pay an annual fee.

Tango Energy

Tango has reduced its Victorian Default Offer in line with the amendment of the price cap in the state this January 1. In addition, it also lowered the rates on its flagship plan, Home Select, which now works out 12% less than the VDO.

Simply Energy

Simply Energy has made some sweeping changes in Victoria to kickstart 2021 by removing its fabled Simply AFL and Simply Energy Saver plans. NRMA Blue has been renamed to Simply NRMA and now comes with cheaper rates, as well as the Simply Movies offer which still gives customers 1,000 Vrewards points every month. A new basic offer has also been introduced, called the Simply Energy Basics with rates reflecting the current VDO pricing.

Origin Energy

Australia’s largest energy provider, Origin, has made sweeping changes across its selection of plans in Victoria. In line with the VDO becoming cheaper, it has cut the rates on most of its plans in the state. Customers on a fixed rate plan with this retailer will need to contact Origin to access the new rates.

Red Energy

Red Energy is now cheaper in Victoria. The Living Energy Saver and Qantas Red Saver Plans have both had rate cuts resulting in its plans being approximately 8.8% cheaper. Red has also introduced a new plan called the BCNA Saver in all states, which includes a monthly donation to Breast Cancer Network Australia.

AGL

AGL has cut its prices across all of its plans in Victoria, which includes the Essentials, Essential Saver and Victorian Default Offer products. It has removed its sign-up credit in this state for all plans except for its seniors deal, Seniors Plus.

EnergyAustralia

EnergyAustralia has reduced prices in Victoria on all of its plans in the wake of the default offer becoming notably cheaper. Total Plan Home and No Frills still come with fixed rates for 12 months, and now also include a $25 sign-up credit. This credit also applies to its Basic Home product, which as the name suggests is the retailer’s most basic offer.

December 2020

ReAmped Energy

ReAmped Energy has cut the rates on its ReAmped Advance plan in South Australia. It is now the cheapest single rate plan in the state, according to our database. There were no other changes to its plan line up in SA or other states.

EnergyAustralia

EnergyAustralia has cut its sign-up credits in most states to $25. Previously, NSW households received a $75 bill credit upon sign up, and VIC, QLD and SA, $50. This retailer has also made changes to its Total Plan discounts, resulting in this plan being approximately 1% cheaper across the aforementioned states.

AGL

In NSW and SA, the AGL Essentials and Essentials Saver plans increased in price. In NSW, the $50 sign-up credit promotion has ended, and rates on the aforementioned plans have also increased slightly. The Seniors Saver plan in NSW has also had its sign-up credit cut in half, making it now $25 instead of $50.

Red Energy

In NSW, Red Energy has decreased usage and supply rates on all three of its market offers – Living Energy Saver, Qantas Red Saver and Red Taronga Saver. The Living Energy Saver product in NSW now comes with fixed rates for a contract period that expires on 31 March 2022.

GloBird Energy

GloBird Energy has made a slight change to its usage rates in Victoria, resulting in a slight price decrease for its EasySave and GloSave plans. The GloSave deal has a 1% conditional discount for direct debiting, making it marginally cheaper than the EasySave plan.

November 2020

Momentum Energy

Momentum Energy has launched in Queensland. Households in the sunshine state can sign up to its signature SmilePower Flexi plan, as well as a dedicated plan for solar customers. There’s also an online offer called Self Serve which requires customers to direct debit and receive e-bills.

Elysian Energy

Elysian Energy has introduced a sign-up credit to its Super Simple Plan in Queensland. New customers will now receive a $60 credit that will be applied to their first bill. According to Elysian, this promotion is only running until November 30.

Amber Electric

Amber Electric has increased its rates in Victoria on its sole market offer – Amber Plan. This deal gives customers access to wholesale energy prices in exchange for a small monthly subscription fee.

Alinta Energy

Alinta Energy has reduced its rates on its flagship offer in NSW and Victoria. The Home Deal plan is now significantly cheaper across the Ausgrid (Sydney) and Citipower (Melbourne) networks. Home Deal comes with variable rates, no exit fees or lock-in contracts. No price changes were recorded in QLD and SA.

Lumo Energy

In Victoria, Lumo Energy has removed its Basic plan, which was previously its cheapest product. Basic has been replaced with Lumo Value, a plan that allows customers to fix rates for a minimum of 12 months until 31 March 2022. Lumo Movers also decreased in price in Victoria.

GloBird Energy

GloBird has made some sweeping changes to its electricity market offers. GloSave has been re-introduced to Victoria, and rates have decreased in Victoria and South Australia for the EasySave plan, while rates have increased in NSW and QLD. From a price point, the GloSave plan is currently the cheapest deal in VIC and SA.

ReAmped Energy

ReAmped Energy has once again dropped its rates in NSW and QLD on the ReAmped Advance plan. There were no changes to the Handshake plan or to its South Australian line up.

Momentum Energy

Momentum Energy has increased the rates on its electricity market offers in Victoria. These plans include Self Serve, Bill Boss, Move Mate and SmilePower Flexi, as well as its solar-specific deal, Solar Step-Up.

October 2020

Mojo Power

Mojo appears to be really fighting the competition with another price drop. This time it has slightly reduced the price of its ‘All Day Breakfast’ plan in NSW and QLD. There were no changes to its SA pricing.

Tango Energy

Tango Energy has introduced its green plan, Tango Blue, to NSW customers which comes 100% GreenPower at an additional cost. Like its other market offer, Tango Blue comes with fixed rates for 12 months. The retailer has also expanded into the Essential Energy network in regional NSW, and added a new solar product, Solar Plus, to Victoria.

Locality Planning Energy (LPE)

LPE has reduced usage charges on the Principal Rate and Principal Rate with Solar Generation offers in NSW. Principal Rate on the Ausgrid network is now 16% less than the NSW Reference Price. No changes were recorded in Queensland.

Elysian Energy

Queenslanders who fancy signing up to pre-paid power retailer Elysian Energy can take advantage of rates 27% below the reference price across the Energex network. The new Super Simple Plan does away with discounts, and just offers low variable rates. Depending on the size of a household and how much energy is used, Elysian offers four levels with this plan – The Minimalist, A New Chapter, The Good Life, and The Full House. All of these levels offer a fixed rate for a certain amount of power, sold in kWhs.

Click Energy

Click Energy has replaced the Flora and Flora Plus plans in NSW with the Lily and Lily Plus products, which are a little more expensive. Both plans have variable rates like their predecessors, and the Plus variant offers slightly cheaper rates for customers paying by direct debit.

ReAmped Energy

ReAmped Energy has dropped prices again in NSW and QLD on the ReAmped Advance plan. A slight decrease in electricity supply rates has resulted in overall costs becoming cheaper.

EnergyAustralia

EnergyAustralia has released a swathe of changes to its two market offers – Total Plan Home and No Frills. In NSW, VIC, QLD, SA and the ACT, changes to the guaranteed discounts on offer has been the main feature, as well as bill credits for customers who sign up. All states have recorded significant price decreases as a result.

Simply Energy

Simply Energy has introduced a new plan to Victoria, named ‘NRMA Blue’. The deal comes with an unconditional discount and a 12-month membership to the NRMA members benefit program, NRMA Blue. In SA, the Simply RAA has dropped in price thanks to an increase in the discount offered.

GloBird Energy

In a fall from grace, GloBird Energy has increased the usage and supply rates of its EasySave plan in Victoria, resulting in a mammoth price rise of almost 26%. The retailer has also removed its GloSave product from Victoria.

Diamond Energy

Diamond Energy has replaced its ‘Diamond’ plan in Victoria with the ‘Everyday Renewable Saver’, which aligns with its’ only market offer in NSW, QLD and SA. Everyday Renewable Saver is notably cheaper than its predecessor in VIC, and comes with discounts for paying on time, paying by direct debit and receiving bills electronically.

Kogan Energy

Kogan Energy has made rate changes to its sole offers in NSW, QLD and SA. The ‘Market Offer’ plan in NSW and SA has dropped slightly, while QLD prices have risen. No changes were recorded in Victoria.

OVO Energy

In Queensland, OVO Energy has dropped the usage and supply rates of its The One Plan product. With a slight change to its overall annual price, The One Plan in QLD is now 18% off the reference price.

September 2020

ReAmped Energy

ReAmped Energy has dropped its usage rates yet again on the ReAmped Advance plan, this time across Ausgrid (NSW) and Energex (QLD) networks. In NSW, ReAmped Advance is a jaw-dropping 31% off the Reference Price, which is currently the cheapest offer in our database for Ausgrid customers. In QLD, only a slight change to ReAmped Advance, however it is also the current cheapest deal in our database for Sunshine State residents in the South East.

Simply Energy

Simply Energy has reduced the discount on its Simply Energy Saver to 11%, where it was previously 15% on the Citipower network in Melbourne. The base rates on this plan have remained the same, as well as the costs of its other deals.

Momentum Energy

NSW customers who sign up to Momentum Energy can now take advantage of cheaper usage rates on its SmilePower Flexi plan. This is Momentum’s flagship offer, which comes with no lock-in contracts or exit fees. SmilePower Flexi is a variable rate plan, meaning rates can change in the future.

Dodo Power & Gas

Dodo has decreased the market usage rate on its plan in Victoria. Its supply charge has gone down, meaning customers will pay less each day for their electricity supply. There were no changes to this retailer’s other plans.

AGL

AGL has introduced a small sign-up credit off the first bill for customers in NSW and Victoria, as well as some changes to the usage and supply rates. Essentials and Essentials Saver now come with a $50 sign-up credit, making both plans slightly cheaper in NSW. In Victoria, the credit is applied only to Essentials.

Mojo Power

In a move that’s sure to help household budgets, Mojo Power has dropped the rates on its flagship offer in NSW and QLD. The ‘All Day Breakfast’ plan is now currently the cheapest deal on the Ausgrid and Energex networks. All Day Breakfast is a variable rate product with no exit fees and comes with monthly billing.

Energy Locals

Energy Locals have kicked September off by retiring its two market offers in NSW, QLD, SA and the ACT. The Local Saver and Online Saver plans have been replaced by the Local Member and Online Member, both of which are more price competitive than their predecessors. Local Member and Online Member still give customers access to wholesale rates in exchange for an ongoing monthly membership fee, however customers get the first four months for free.

Enova Energy

NSW retailer Enova Energy has slashed its usage and supply rates in all three distribution networks – Ausgrid, Endeavour Energy and Essential Energy. Enova’s ‘Community Plus’ product is now considerably cheaper across the state, and still features a modest pay on time discount.

Origin

Origin has made some alterations to its leading market offer, the Max Saver – Online Special, by changing the guaranteed discount amounts in NSW, QLD and SA. In NSW, the overall price has dropped, while in QLD and SA, the Max Saver – Online Special has seen slight price increases. No changes have been recorded to any of Origin’s products in Victoria.

Energy Locals

Energy Locals has removed its connection fee in NSW, QLD, SA and the ACT. In Victoria, Energy Locals has also removed the Online Saver product, where it now only has one market offer – Local Saver.

August 2020

ReAmped Energy

A retailer that’s serious about being the cheapest in each state it operates in is ReAmped Energy, who just slashed prices again in NSW. The ReAmped Advance plan on the Ausgrid network in Sydney is now the cheapest electricity deal in our database thanks to a cheeky decrease in its supply charge.

Lumo Energy

Lumo Energy has adjusted its market offer prices in Victoria, with the ‘Basic’ and ‘Lumo Movers’ plans now a little cheaper. In South Australia, Lumo Energy has changed its solar feed-in tariff rate to 12c/kWh.

ReAmped Energy

ReAmped Energy has decreased the price of its Handshake and Classic plans in Queensland, New South Wales and South Australia. This retailer has a prepaid plan called ReAmped Advance that still beats out these two offers in terms of price.

OVO Energy

Not only has OVO Energy busy changing prices recently, the retailer has just launched in Victoria. Its sole product, The One Plan is now currently one of the cheapest deals across the Citipower network in Melbourne.

EnergyAustralia

Victorians and South Australians are the ones to benefit from the latest cost cut by Energy Australia, with its No Frills plan modestly falling in price. This is a no discount plan that comes with fixed rates, so it’s only new customers that can truly gain from this change.

AGL

AGL has reduced its usage and supply rates in Queensland, making its market offers a little cheaper. The Essentials, Essentials Saver and Seniors Plus plans have experienced price decreases across the Energex network. These changes make AGL currently the cheapest out of the ‘big three’ retailers in QLD, ahead of Origin and EnergyAustralia.

Momentum Energy

In Victoria, Momentum Energy has changed three of its four market offers. The ‘Bill Boss’ plan has increased slightly, while ‘Move Mate’ and ‘SmilePower Flexi’ have reduced in price. ‘Self Serve’ is now Momentum’s cheapest deal in VIC.

Energy Locals

Energy Locals has changed up the rates on its Online Saver and Local Saver plans in NSW, QLD and SA. South Australians are seeing the biggest downward movements, followed by NSW. Queensland has seen a slight price increase.

GloBird Energy

GloBird Energy has made movements in Victoria, reintroducing its GloSave plan and drastically reducing the rates of its EasySave product. Both plans work out to be quite similar in price, although EasySave is slightly more competitive.

Future X Power

Future X Power has replaced its discounted market offer with a new plan, named the ‘Smart Flat’, which comes with low variable rates instead of a pay on time discount. The Smart Flat is available in NSW, QLD and SA.

Amber Electric

Amber has reduced its rates in all DMO states (QLD, SA, NSW) to match the new reference price imposed on July 1 of this year. As this retailer claims to give access to genuine wholesale electricity prices, the prices should serve to represent a cap to how much you’ll pay, rather than an exact amount.

Sumo

Home bundled utility provider Sumo has removed its ‘Select’ and ‘Saver’ plans from NSW and Victoria. In NSW, the Sumo Assure and Sumo Lite products have experienced a notable price decrease.

EnergyAustralia

The discounts on the Total Plan Home products from EnergyAustralia have changed in Victoria, NSW and QLD, resulting in some overall price changes. In VIC and NSW, Total Plan Home is now cheaper, while in QLD it has become slightly more expensive.

July 2020

EnergyAustralia

EnergyAustralia has reduced the rates on its no-discount, low rate plan, No Frills. This is applied in both NSW and QLD. As this is a fixed rate plan, any pre-existing customers won’t receive the reduced rates.

Mojo Power

Mojo Power has reduced its rates across its two market offers in NSW and QLD. The ‘All Day Breakfast’ is among the cheapest plans across both states, while the Single Minded product has seen a slight price decrease.

GloBird Energy

GloBird Energy has gone on a bit of slashing spree, cutting rates across its GloSave plans, and now sees the retailer having one of the cheapest offers across NSW, QLD and SA. The EasySave product has seen a price drop in NSW and SA, while the plan has also been introduced to QLD.

Momentum Energy

The SmilePower Flexi plans in NSW and SA have become cheaper in overall price, thanks to decreased usage rates. SmilePower Flexi has no discounts or exit fees, as well as no credit card payment fees.

Sumo

Sumo has landed in Queensland on the Energex network, bringing with it the ‘Sumo Assure Advantage’ plan. This new deal has low variable rates, no exit fees and a monthly billing option.

Origin

Origin has cut its prices in NSW, VIC, SA and the ACT, with the biggest changes to come for South Australians. It has lowered its usage and supply rates across all of its plans in these states, bar the ACT, to bring this result. There were no changes to discount amounts or to its plans in Victoria.

EnergyAustralia

EnergyAustralia has made changes to its Total Plan and Basic Plan, in line with the changes to the decreased DMO in NSW, QLD and SA. The supply charge on its plans has remained steady, with a slight usage decrease driving the price cuts. There are no changes to Victorian plans or pricing.

AGL

AGL has made some tweaks to its plans, including expanding its Essentials plan, previously only available in Victoria, to NSW, QLD and SA. Along with that, this retailer has changed the price on its standing offer in line with the DMO changes, as well as its Solar Savers plan. The energy giant has also decreased its rates on the Essentials Saver plan in NSW, QLD and SA.

Kogan Energy

Kogan has decreased the usage rates on its plans in Queensland, New South Wales, and South Australia. While this retailer made its supply charge more expensive, Kogan has initiated dramatic price cuts of between 10 and 20 per cent depending on the state. This retailer has also lowered its feed-in tariffs across these states.

Momentum Energy

Momentum Energy’s flagship plan, SmilePower Flexi has increased in price in NSW and SA. This is due to the company driving up its usage rates, as well as supply rates in some distribution zones. Naturally, this retailer’s standing offer was changed to sit in line with the new DMO in each state.

Simply Energy

Simply Energy has introduced a new plan to its line up, called Simply Energy Saver. It comes with a guaranteed discount on both usage and supply charges. This retailer’s motoring club plans have also fallen in price, becoming slightly cheaper.

Powershop

Powershop has made its plans cheaper in NSW, QLD and SA. Both the Shopper Market Offer, which gives access to the purchase of discounted power packs, and its Lite product have seen a drop in usage costs. There were no changes to Powershop gas plans or Victorian plans.

Click Energy

Click Energy has removed the Hibiscus and Rose plans from New South Wales, Queensland and South Australia, and replaced them with its new offer, ‘Flora’. The Flora plan comes with an alternative, Flora Plus, which comes with slightly cheaper rates in exchange for setting up direct debiting. The retailer has also removed its Flora Plus plan from QLD while decreasing the rates of its Flora product in the Sunshine State.

ReAmped Energy

ReAmped Energy has waited it out, reducing its prices a week after most providers made their move. In classic ReAmped style, this retailer has made it to the top of the leader board by reducing its rates in NSW and QLD.

Red Energy

Red Energy has slightly increased the supply charge on its plans in South Australia. Both the Living Energy Saver and Qantas Red Saver deals in this state have seen a supply charge increase and usage rate decrease. In NSW, Red has also reintroduced the Taronga Saver plan, where sign-ups get 12 months of access to Taronga Zoo in Sydney.

Nectr

Nectr has made its flagship plan, called ‘Friends’ cheaper in NSW, which happens to be the only state it serves. Also, in all distribution zones in the state (Ausgrid, Endeavour and Essential), the supply charge on its DMO plan is now cheaper, and usage more expensive.

Powerclub

Powerclub has reduced the rates on its flagship product, the Powerbank Home Flat. In NSW, QLD, VIC, SA and the ACT, usage rates have gone down a decent amount, varying between states as above.

June 2020

ReAmped Energy

On what’s a bit of a streak for this provider, ReAmped Energy has once again dropped the prices of its signature ‘Handshake’ deal. These changes are seen in all states in which the retailer operates, NSW, QLD and SA. ReAmped has also changed the name of its Anytime plan to ‘ReAmped Classic’.

OVO Energy

In Queensland, OVO Energy has reduced the usage rates of its ‘The One Plan’ product. Supply charges on the deal have slightly increased, however the deal is now cheaper. OVO Energy has been very proactive with updating its rates recently, which is a good sign for the south-east QLD market. OVO Energy has also reduced its rates in NSW across the Ausgrid and Endeavour Energy networks, while lowering its’ single market offer in SA quite significantly.

May 2020

Mojo Power

As the price war rages on in south east Queensland, Mojo Power has lowered the usage and supply rates of its newest flagship plan – All Day Breakfast. This is big news as Mojo is now currently the cheapest provider in QLD. Mojo Power has also lowered its rates on the All Day Breakfast deal across the Endeavour and Essential Energy networks in NSW. This price movement comes barely after a month of launching this product in NSW and QLD.

Alinta Energy

Alinta Energy has removed its ‘No Fuss’ plan and replaced it with the ‘Home Deal’ product in Queensland. Home Deal comes with low variable rates as well as flexible payment options. It has no exit fees or lock-in contracts.

EnergyAustralia

EnergyAustralia has increased the unconditional discount on the ‘Total Plan Home’ product in Queensland from 11% to 14%. This plan comes with fixed rates for one year, and the discount applies to both usage and supply charges for a 12-month benefit period.

OVO Energy

OVO Energy has reduced its usage and supply charges on its flagship offer in NSW, making it currently one of the state’s cheapest plans. ‘The One Plan’ saves customers a huge 22% off the NSW reference price, and comes with variable rates, plus green energy options.

Momentum Energy

Momentum Energy has increased the usage rates on its SmilePower Flexi and Move Mate plans in Victoria. It has also introduced a new plan in this state, Bill Boss, which requires customers to have installed a smart meter and sign up for monthly e-billing. Momentum’s plans remain steady in other states.

GloBird Energy

GloBird Energy has reintroduced its flagship market offer in Victoria, which is now one of the cheapest deals in the state. The ‘EasySave’ product has seen a reduction in its usage rate, bringing it well below the VDO. Its other plan, ‘GloSave’ has also been reintroduced and comes with a generous discount for paying on time and by direct debit.

ReAmped Energy

ReAmped Energy has yet again reduced the rates on its ReAmped Handshake plan in NSW and QLD. This time around, the retailer has reduced the supply charge in order to stay amongst the cheapest in each state. ReAmped’s plans in SA remain unchanged.

April 2020

Simply Energy

Simply Energy has increased its pay on time discounts for all three of its market offers in Victoria. Simply Plus is now one of Victoria’s cheapest deals since changing its discount from 12% to 15%, while the discount on Simply Movies and Simply AFL increased from 5% to 10%.

Mojo Power

Relatively unknown retailer, Mojo Power, has introduced two new market offers in NSW and QLD, offering big savings off each of the state’s default tariff pricing. The ‘All Day Breakfast’ and ‘Single Minded’ are both variable rate plans, and come with no discounts or exit fees. All Day Breakfast is currently one of the cheapest deals in NSW and QLD, which targets customers with smart meters.

Click Energy

Click Energy has removed the Banksia plans from South Australia, and replaced them with its new offer, ‘Rose’. The Rose product in SA has slightly cheaper rates than Banksia, while its solar-specific plan, ‘Rose Solar’ has a generous 19c/kWh feed-in tariff.

Future X Power

Future X Power increased its pay on time discounts in NSW and QLD on its Flexi Saver plans. These discount changes has made the plans slightly cheaper. No changes were made to the Flexi Saver products in SA or Tasmania.

Simply Energy

Simply Energy has made some changes across their plans in NSW and SA. In NSW, this retailer has decreased the cost on its NRMA plan, landing it amongst the cheapest plans in the state. SA households haven’t seen as drastic a difference overall, with the generous anniversary bill credit on its RAA plan swapped out for low rates and a sign-up credit, instead. In both states Simply removed its ‘Simply Low Rates’ plan, replacing it with ‘Simply Plus’, which in South Australia comes with a sign-up bill credit.

ReAmped Energy

Online retailer ReAmped Energy has slightly reduced the usage rates on its ‘ReAmped Handshake’ offer in Queensland and NSW, making it the cheapest deal to date. No changes were made to any other of its products or on its plans in SA.

QEnergy

QEnergy has removed its market offers from NSW and QLD, with its basic flagship plan, ‘Home Your Way’ the only deal available across all states, including VIC and SA. The pricing of ‘Home Your Way’ is in line with each state’s default tariff, making them one of the more expensive offers in market.

March 2020

OVO Energy

Rounding up the month of March is OVO Energy, launching its flagship product in south east Queensland. ‘The One Plan’ is currently the cheapest deal in our database for QLD, offering low rates which translates to big savings off the reference price.

Tango Energy

Tango Energy has reduced its usage and supply rates on the Home Select plan in NSW. This deal still has fixed rates for 12 months, but is now currently the second cheapest plan in NSW, according to our database. No other changes were recorded from Tango in Victoria.

Red Energy

Red Energy has changed its pricing on plans in the Australian Capital Territory, resulting in cheaper overall costs. Its flagship offer, Living Energy Saver, reduced from $1,605 a year to $1,547 – a drop of roughly 3.61%. There were no recorded price changes from Red Energy in the other states.

Click Energy

Click Energy has shaken up its offerings in New South Wales and South Australia, introducing its Hibiscus and Hibiscus Plus plans to replace what were the Banksia products. These plans come with much lower rates than what Banksia customers received, with savings off the Reference Price increasing to up to 17% in NSW and 12% in SA. Click Energy has a habit of regularly changing its offers, so if you’re a pre-existing customer, it’s worth contacting the retailer to make sure you’re still getting a good deal.

1st Energy

1st Energy has increased the discounts on its market offers in NSW, Queensland and Victoria. In NSW and Queensland, the 1st Saver plans now carry discounts of 13% and 12% respectively. In Victoria, the 1st Saver plan now has a 15% discount and the Prepay Value plan, 16%.  It should be noted that the Prepay Value plan was previously called ‘Prepaid’ value. There were no changes in Tasmania.

GloBird Energy

GloBird Energy has made some significant changes in Victoria with the removal of its GloSave and RetroSave products. The retailer has also increased the usage rates of its EasySave plan which has seen a massive price increase. GloBird’s ‘SureSave’ plan is now currently the cheapest in VIC.

Momentum Energy

Following a trend from last month, Momentum Energy has this time reduced its usage rates in Victoria on the SmilePower Flexi, Move Mate and Solar Step Up plans. All three plans have dropped slightly in overall price, while there have been no changes to Momentum’s current cheapest offer in Victoria – Self Serve.

Origin

Origin energy has made wide-reaching changes to its plans by increasing the discount to its Max Saver Online Special and Flexi plans. In Queensland, the guaranteed discount on the Flexi plan went from 9% to 10%. In SA, both Max Saver Online Special and Flexi plans saw a 1% increase in guaranteed discount. Victorians saw the biggest difference, with the guaranteed discount on the Max Saver Online Special plan jumping from 6% to 11% and Flexi from 3% to 5%. In all states, Origin has also removed its standard Max Saver plan, meaning customers previously interested in this deal will have to sign-up on the website to be eligible for the ‘Online Special’ variant.

February 2020

Momentum Energy

Momentum Energy has dropped its usage rates for its market offers in New South Wales and South Australia. The SmilePower Flexi plans in NSW and SA are now a little more competitive in price. None of the retailer’s plans in Victoria have changed.

January 2020

Tango Energy

Tango Energy has increased usage charges in all Victorian distribution zones and decreased supply charges in the Citipower and Ausnet regions. This has caused its annual costs to increase very slightly in our annual cost estimations. Tango’s other plan, Tango Blue, hasn’t changed in price.

GloBird Energy

GloBird has made some drastic changes to its rates in NSW, VIC and SA. The GloSave and EasySave product in Victoria increased supply charges but decreased usage charges, which has resulted in both plans dropping in annual price dramatically. In NSW, there have been price changes to the GloSave and EasySave offers, resulting in slight overall decreases. In contrast, the GloSave product in SA has experienced a price increase.

ReAmped Energy

Online retailer, ReAmped Energy has dropped the supply and usage charges for its ‘Residential Handshake’ plan in NSW. ReAmped have also changed the base rates for its other market offer, ‘Residential Anytime’ in NSW. Furthermore, the Residential Handshake launched across the Endeavour and Essential distribution areas in other regions of NSW. ReAmped has not made any changes to its plans in QLD.

OVO Energy

One of the newest entrants to the NSW retail market has slashed its base rates shortly after its Australian launch. OVO Energy’s ‘The One Plan’ product is now sitting at 18% below the NSW Reference Price, a notable decrease from the plan initially being 13% below the Reference Price. This price drop occurred in the Ausgrid distribution network only.

Dodo Power & Gas

Dodo has decreased the market usage rate on its plan in NSW. What this means is customers will pay less per kWh of energy they consume, making their overall bill more affordable. Dodo did not change the rates of its plans in any of the other states in which it operates.

1st Energy

1st Energy has increased its conditional discounts on the 1st Saver plan in New South Wales and Queensland. In NSW, the pay on time discount has risen from 7% to 10%, while in QLD the discount has grown from 5% to 10%, and as a result, has seen a modest reduction in annual price. There have been no changes to 1st Energy plans in Victoria or Tasmania.

Commander

Commander has decreased its electricity usage charges on the Market Offer plan in New South Wales, which has resulted in a significant overall reduction in annual price. The Market Offer is now one of the most competitively-priced plans in NSW. Commander’s plans in Victoria and South Australia have not experienced any changes.

Momentum Energy

Momentum Energy has lowered the usage costs on all of its Victorian market offers. This means the Self Serve, Smile Power Flexi and Move Mate plans have all become cheaper in this state. There were no other changes to Momentum Energy plans in other states.

EnergyAustralia

EnergyAustralia has increased its guaranteed discount on the Total Plan Home product in New South Wales and Victoria. In NSW, the discount has risen from 13% to 16%, while in VIC the discount has changed from 6% to 9%. Subsequently, the Total Plan Home in NSW and VIC is now EnergyAustralia’s cheapest market offer.

Kogan Energy

Newcomer to the electricity market, Kogan Energy, has put through slight increases to the rates of its solo plan available in New South Wales, Queensland and South Australia. Known fittingly as the “Market Offer”, this product still remains fairly competitive from a price perspective.

EnergyAustralia

In time with the Victorian January 1 price changes, EnergyAustralia has upped the rates of its plans available in the state. According to our data, the No Frills, Total Plan Home and Basic Home products saw annual price estimate increases of 6-7%. Pre-existing customers on the No Frills or Total Plan Home deals won’t feel the full effects of this price change until the end of their 12-month fixed rate period. EnergyAustralia plans in other states haven’t seen cost reforms.

AGL

Alongside many other retailers, AGL has increased pricing across all of its plans in Victoria. Customers on the Essentials Saver and Essentials plans should have been notified by AGL as to this rate change. It’s worth noting that due to the changes to the Victorian Default Offer (VDO), these plans actually hold the same savings when compared to the VDO as they did prior, at least in percentage terms. There were no changes to AGL plans in other states.

December 2019

Alinta Energy

Alinta Energy has made some changes to its products in NSW and Victoria. In each of these states, this retailer has respectively removed its No Fuss and Real Deal plans, making way for its new product: Home Deal. This plan works much like its previous counterparts, in that it has no conditional discounts, just low rates and flexible payment options. What sets it apart is that the Home Deal provides better value than Alinta Energy’s previous market offers.

AGL

AGL’s two market offers available in South Australia have reduced the online sign-up credit from $75 to $25. This applies to the Essentials Saver and Essentials Plus plans in SA, however all other features of the products remain the same.

Red Energy

In Victoria, Red Energy’s market offers have experienced a price increase. The Living Energy Saver, Qantas Red Saver and Qantas Red Plus have all gone up in price, however the conditions of these plans remain the same. Customers will also still receive a 10% pay on time discount with the Living Energy Saver and Qantas Red Saver.

Lumo Energy

Lumo Energy has increased the prices of its three market offers in Victoria: Lumo Value, Lumo Movers and Basic. On the Lumo Value and Movers plans, the pay on time discount still applies, however due to the raise in energy rates, has made the retailer a little less competitive on price.

1st Energy

1st Energy has changed the discount and rates on its 1st Saver plan in Victoria. Although the discount on this plan has increased from 5% to 10%, its rates have also gone up, meaning that despite carrying a larger headline discount, this plan actually works out more expensive than before. There have been no other changes to 1st Energy products in Victoria or within the other states it serves.

Simply Energy

In Victoria, Simply Energy has removed its auto club deal, ‘Simply RACV’, replacing it with a new fresh plan known as ‘Simply Summer’. This product comes with a guaranteed discount, making it a very competitive deal. Simply Energy has also reintroduced its Aussie Rules deal, Simply AFL, which again is only available to Victorian customers. Instead of a discount, customers signing up to this offer will receive a $150 voucher at the AFL online store within four weeks of their supply start date.

November 2019

Origin Energy

Origin Energy has increased the discount on its Max Saver and Flexi products in NSW only. The unconditional discount has jumped up 4%, making these plans between 14% and 17% less than the Reference Price. Origin’s most cost competitive plan now works out to be amongst the cheapest in NSW, according to our database.

ReAmped Energy

Industry newcomer, ReAmped Energy, has introduced its ‘ReAmped Handshake’ plan to the Queensland market, a deal that was previously only available in NSW. ReAmped Energy has also made a slight increase to the ‘Residential Anytime’ plan in QLD, which is no longer the retailer’s cheapest market offer in the Sunshine State.

Momentum Energy

Momentum Energy has introduced a new plan in Victoria called Self Serve. The name speaks for itself- this plan requires customers to sign up online, pay by direct debit and agree to e-billing and e-communication. This product is now Momentum’s most price-competitive offer in Victoria.

ActewAGL

Canberra-based power company, ActewAGL, has re-introduced its market offers in the nation’s capital, as well as plans for customers living on the Essential Energy grid in South-East NSW. In terms of its products in Canberra, ActewAGL prices are fairly competitive, most of which offer a discount off electricity usage charges for 12 months.

Future X Power

Future X Power has again changed its prices, though where last month its plans became more expensive, it seems as though this provider has gone back on its decision, increasing its pay on time discount to deliver cheaper prices overall. What this means is that in order to get the most value from this provider, customers in NSW and Queensland will have to try and regularly pay their power bill on time. In a scenario in which you don’t, you’ll end up paying rates that work out to be 1% more than the Reference Price in each state.

October 2019

Click Energy

Click Energy has introduced a new plan into its rotation, called the Banksia Plus. This product is only available in NSW, VIC and SA, coming in cheaper than its other plans on market. This plan isn’t much different to the Banksia plan, although customers must agree to pay by direct debit to be eligible.

Mojo Power

Mojo has removed its market offers in all states it serves, being NSW and QLD. The good news is that Mojo’s default offer currently works out cheaper than its previous market offers. However, this plan isn’t offering any amount of the Reference Price in either state.

QEnergy

QEnergy has brought back its most competitive plans in NSW, the Home Saver Variable and Home Saver Variable Lite. The Home Saver Variable is only available through online sign-up and the Lite version requires customers to sign up to direct debit payments. There were no changes in other states.

Tango Energy

Tango Energy has increased its usage charges in Victoria. This applies to all distribution zones bar Jemena. What this means for customers is that electricity may be slightly more expensive per kWh. Despite this, Tango Energy remains a competitive retailer in the state it serves.

Future X Power

Smaller electricity retailer, Future X Power, has increased its market offers in NSW and QLD. The Flexi Saver product has kept its pay on time discount, however the discounted amount has dropped considerably. These changes have resulted in a decent price increase.

Powerdirect

Powerdirect has increased its guaranteed discounts in NSW, QLD and SA, which has seen its Discount Saver plans slightly decrease in price. For Victoria, Powerdirect’s Rate Saver has dropped its usage and supply rates, meaning this plan has also witnessed a modest price decrease. All other features of these plans have remained the same.

Enova Energy

Until now, New South Wales company, Enova Energy, only serviced households on the Essential Energy network. Now the small electricity retailer operates in the Ausgrid and Endeavour Energy distribution zones, meaning customers throughout wider parts of NSW have yet another power company to choose from. Enova Energy offers the ‘Community Plus’ plan, which features reasonable usage and supply rates, plus a small discount for paying bills on time.

AGL

AGL has reviewed its plans and made some serious alterations, most notably the removal of the Smart Saver product in NSW, QLD and SA, as well as the introduction of a new plan. In NSW, VIC, south east QLD and SA, AGL has released the Essentials Saver plan, which includes a $75 credit off the first bill when customers sign up online, plus access to AGL Rewards and flybuys points (depending on which state you live in). AGL has also made changes to its Essentials Plus plan, adding a $75 bill credit for online sign-up in NSW, QLD and SA. The Essentials Plus is no longer publicly available in Victoria, however the standard ‘Essentials’ plan still exists for Victorians, and has also seen a slight price decrease in rates.

GloBird Energy

After removing this product earlier in the month, GloBird Energy has reintroduced its EasySave plan in Victoria, this time offering slightly higher usage and supply rates. Currently, it is GloBird’s cheapest market offer. The GloSave plan has also had its base rates increased, however customers will still receive a pay on time discount as well as a further discount for paying via direct debit.

Red Energy

Red Energy has removed its Qantas Plus plans from NSW, QLD, SA and the ACT. The Australian-based power company has replaced the Easy Saver product with the Living Energy Saver plan in QLD, SA and the ACT, and has introduced a new plan in NSW called the ‘Red Taronga Saver’, which gives customers membership to Taronga Zoo for two years. The Living Energy Saver and Qantas Red Saver plans in NSW, QLD and SA have also had their conditional discounts removed, instead opting for cheaper usage and supply rates. This is reflected in the tables above, where we show pricing that includes conditional discounts before the changes and pricing according to Red Energy’s new model in the after.

Lumo Energy

Lumo Energy has made some slight changes to the name of its ‘Movers’ and ‘Value’ plans in VIC and SA. In VIC, the Value product has slightly increased its usage costs, while the Basic plan in SA has had a minor increase in connection fees. The Options plan in SA has changed its name to Standing Offer, which is roughly in line with the Reference Price.

Simply Energy

Simply Energy has made some sweeping changes to its plans in NSW, VIC and QLD. In Queensland Simply has added a $160 anniversary credit to its RACQ plan, where it previously was $60. NSW customers can no longer sign up to Simply Plus, instead seeing the Simply Low Rates plan pop up without discounts or anniversary credits. The NSW Simply NRMA plan has also changed to offer a $50 first anniversary credit, where it was once $160 off. South Australians will no longer see the Simply Plus or Simply Movies plans, in place of the new Simply Plus Low Rates deal that comes with a $100 credit after the first year. The $260 first bill credit on the SA Simply RAA plan has also downgraded to $150, though this plan has still decreased in price.

EnergyAustralia

EnergyAustralia has reduced the discount available on its Total Plan in Victoria. What was a 7% guaranteed discount has moved to 6%, resulting in a minor price increase. This discount applies to both usage and supply charges. Customers in NSW, QLD, SA and ACT have seen no price changes.

GloBird Energy

Victorian retailer GloBird has removed its EasySave product from rotation. Customers that have signed up to this plan will remain on the EasySave product until either their contract ends or they switch to another plan. The GloSave plan is now the retailer’s most competitive.

Lumo Energy

Lumo Energy has made changes to its plans in Victoria, removing the Lumo Value 5 and Lumo Movers 5 plans from its selection. These plans are still available in their Value 3 and Movers 3 forms, which both come with a 3% discount off electricity usage and supply charges when customers pay their bills on time.

September 2019

Momentum Energy

Momentum Energy has increased its prices in Victoria. The retailer has lowered the supply charge on Smile Power Flexi and Move Mate plans while increasing usage rates. As a result, Victorians with Momentum are no longer on a plan that sits below the VDO. There were no price changes in NSW and SA.

Tango Energy

Tango Energy, which operates in Victoria only, has increased the usage rates on its Home Select plan, increasing its annual estimated cost based on VDO assumptions by about $17. The supply charge and other features of the Home Select plan have remained the same.

August 2019

GloBird

Victorian retailer GloBird has updated pricing for its GloSave and EasySave products, and has removed its SolarMax plan. In addition to these changes, GloBird has ditched having fixed rates on some of its plans, and has introduced a new plan called ‘VicSaver’, which has a small discount for paying on time via direct debit.

Sumo

Melbourne-based retailer Sumo has launched a new suite of products in NSW, mirroring its offering in Victoria. Sumo gives customers three plans to choose from, with the cheapest requiring customers to pay their bills on time to earn discounts which take pricing well below the VDO or Reference Price depending on where you live. For those who don’t like the idea of a conditional discount, Sumo has two other plans, one of which includes fixed rates for 12 months.

July 2019

This July has brought significant regulatory changes to the energy industry, with customers previously on standing offers moved onto cheaper regulated tariffs. Meanwhile these new price caps also act as a reference price from which all market offers are now compared. While customers on standing offers will now pay much less, those on market offers have seen prices increase.

The below table outlines the average change in the cost of market offers and standing offers across each distribution region between June and July 2019.

Based on average usage rates and daily supply charge on single rate tariff market offers and standing offers (or Victorian Default Offers) Electricity plans, 04/06/2019 – 08/07/2019.

June 2019

Red Energy

Red Energy has decreased the prices of its market plans in Queensland and South Australia. The Easy Saver, Qantas Red Saver and Qantas Red Plus products now have slightly more expensive supply charges, but cheaper usage charges, ultimately making these plans lower in cost (based on a typical three-person household). The signature Red Energy 10% discount still applies to these plans. There have been no pricing changes to Red Energy plans in NSW and VIC as yet.

1st Energy

An interesting move from 1st Energy in Victoria this month! The retailer has bumped the pay on time discount on its 1st Saver plan up from 20% to a whopping 35% off usage charges. But at the same time, it has increased usage charges on the plan, meaning overall costs only drop marginally (based on a typical three-person households in central Melbourne. It would appear the new discount applies to new customers only, with existing customers remaining on the old terms. But give 1st Energy a call to discuss to be sure.

1st Energy has also made changes to its plans in NSW and QLD, seemingly with one eye on the July pricing cycle and regulatory changes.

• 1st Saver – Drop in usage charges, changed discount from 28% off usage to 5% off whole bill (still a pay on time discount).

• 1st Saver – Drop in usage charge and increase in supply charges, changed discount from 22% off usage to 7% off whole bill (still a pay on time discount).

May 2019

Red Energy

Red Energy has updated the rates on its market plans in NSW. The Living Energy Saver, Qantas Red Saver and Qantas Red Plus plans all work out cheaper than before, largely due to a decrease in usage charges. The Living Energy Saver and Qantas Red Saver plans now work out to be the same price, with one having the added bonus of free Qantas Frequent Flyer points on sign up. These rate changes only apply to market offers in NSW. Red Energy rates in other states remain unchanged for the time being.

Origin Energy

Origin has decreased the discount on the Maximiser plan in NSW from 25% to 16%. Origin has also rebranded its ‘One Low Rate’ product to Low Rate Plan across VIC, QLD, SA and ACT, while the plan was reintroduced in NSW. The Low Rate Plan has recorded a slight price decrease in VIC and ACT, while the price remained the same in QLD and SA. The reintroduction of the Low Rate Plan in NSW made it Origin’s cheapest plan, edging out the Origin Maximiser plan. Despite the Low Rate Plan not featuring a discount, it still works out to be Origin’s cheapest product in all states.

GloBird Energy

Globird has slightly reduced the rates of its GloSave product, which is available only in Victoria. It still holds the same discount as before, which is a combined pay on time and direct debit discount that amounts to 31% off both usage and supply changes. As evidenced by the tables above, the price has dropped only modestly. Because this is a variable rate product, customers who were previously on this plan will likely receive the updated pricing. UPDATE: GloBird has also now increased the discount on this plan to 33%.

1st Energy

1st Energy has increased the discount for the 1st Saver plan in Queensland from 24% to 28%. The amended discount has reduced the cost of the 1st Saver product but existing customers will likely remain on the old plan. It may be worthwhile getting in touch with 1st Energy to see if you’re eligible to receive the updated discount on this plan.

EnergyAustralia

EnergyAustralia has updated the discounts for the Anytime Saver and Secure Saver products across VIC, NSW, QLD and SA. In Victoria, the Anytime Saver’s discount has increased from 32% to 36%, while the Secure Saver has decreased from 29% to 22%. In New South Wales, the Anytime Saver discount has risen from 22% to 26% and the Secure Saver has dropped from 22% to 20%. For NSW residents on the Essential Energy electricity network, the Anytime Saver discount remains at 28%, but the Secure Saver has decreased from 28% to 20%. In Queensland, the discount on the Anytime Saver plan has increased from 26% to 28% but the Secure Saver has decreased from 28% to 24%. Lastly, in South Australia, the discount of the Anytime Saver has increased slightly from 20% to 22%, while the Secure Saver plan has dropped from 22% to 20%.

April 2019

ActewAGL

ActewAGL has updated the discount on its top-tier market offer from 20% to 25% in the ACT. This discount is applicable if customers opt for online billing and pay via direct debit. There is also another market offer in the ACT that comes with a 25% discount for customers who pay their bills on time. In NSW, ActewAGL re-introduced its market offer plan featuring a 26% discount off electricity usage charges over a 12-month benefit period. Again, customers will need to signup to online billing as well as pay bills via direct debit.

Dodo Power & Gas

Dodo has cut the discount on its market contract plan considerably in Victoria. Where previously customers received a 40% discount for paying their bills on time, this has now dropped to 20%. Regardless of this fact, the plan has only gone up in cost about $20 a year, a large part due to a decrease in base prices. Worth mentioning is the name of this plan has changed from ‘Market Offer’ to ‘Everyday Electricity’.

Tango Energy and Sumo Power

• Tango Energy has reintroduced its Home eSelect product in Victoria. The only difference between this and the Home Select plan is that it includes a $50 rebate after the first 60 days. It’s available online only.
• Sumo Power has introduced a fourth market offer in Victoria, again bringing a conditional discount off electricity usage charges. It means the retailer now has discounts of 43%, 42%, 37% and 27% for paying on time. Take your pick…

Momentum Energy

Momentum Energy has cut rates on its three electricity products across Victoria, maintaining its record for making fairly frequent price changes. The SmilePower Flexi, Solar Step-up and Move Mate plans have all seen a modest reduction in overall costs, saving a typical three-person household on the Citipower network in Melbourne about $30 a year compared with previous rates. See what the price changes means for how Momentum compares to the market with our price comparison page for Victoria.

Origin Energy

Origin Energy has increased the discount on its Maximiser product within NSW. It has jumped up from 16% to 25%, conditional on you setting up direct debit payments. In addition, the retailer has also removed its Maximiser Online Only plan from the NSW market. Despite the jump in discount for the Maximiser, Origin’s One Low Rate plan generally works out cheaper in NSW.

Sumo

Sumo has changed the rates on all of its Victorian market offers. The Residential 27, Residential 42 and Residential 43 plans offered by this retailer have all slightly decreased in price without any changes to the advertised discount amounts. It has also added an additional plan into its mix, the Residential 37, which comes with a 37% pay on time discount. In NSW, Sumo has also added an extra product, bumping the total market offers in that state to two. The new product is called ‘12% Pay on Time Discount’ which, as the name suggests, gives you a 12% discount for paying on time. This plan works out quite a bit more expensive than the provider’s other NSW offering, the ‘27% Pay on Time Discount’.

Red Energy

After operating in Victoria, New South Wales, Queensland and South Australia for a number of years, Red Energy has now opened up shop in the ACT. For the time being, the provider is offering its Easy Saver plan in this state with two rate options. Red joins the likes of Energy Locals, Origin and EnergyAustralia to recently launch new plans in the ACT.

March 2019

Alinta Energy

A few months after removing its ‘Fair Deal’ products from across the states, Alinta Energy has brought them back to life. Providing the retailer’s biggest discounts and therefore cheapest prices, the Fair Deal plans are now available again in NSW, VIC and SA, with up to 43% off electricity usage charges for paying on time, in the case of Victoria. Discounts are a little more modest 30% in NSW and 28% in SA. Alinta maintains its guaranteed, smaller discount (Fair Saver) products in each state.

EnergyAustralia

EnergyAustralia has cut conditional discounts on some plans in QLD and NSW.

QLD:

• Anytime Saver – discount reduced from 28% to 26%
• Secure Saver – discount reduced from 30% to 28%

GloBird Energy

Melbourne-based retailer GloBird Energy has reduced rates on its EasySave and GloSave products in Victoria. Interestingly, the conditional discount on the GloSave plan has also been reduced from 35% to 31%, but overall estimated costs have still come down. That said, the big discount GloSave plan now works out more expensive than the no discount EasySave. However, the catch with the EasySave plan is that you must set up direct debit billing from a credit card to sign up.

February 2019

Origin Energy

Origin Energy has launched its One Low Rate product in NSW and Queensland. Previously only available in Victoria and the ACT, One Low Rate comes with locked in rates for 12 months, with no conditional discounts. Despite the lack of discounts, the plan can work out cheaper than Origin’s discounted offers, with the added benefit of fixed usage and supply charges. One Low Rate is now one of the most competitive deals in both NSW and QLD at the time of writing.

Alinta Energy

Just weeks after removing its cheapest market offer from some states (see below), Alinta Energy have increased prices on its remaining plans in NSW and South Australia. The Fair Saver product has seen a small increase to both usage and supply charges, increasing costs by about $30 a year in both states, based on a typical three-person household on a single rate tariff. The Fair Saver has a guaranteed discount of 15% off usage charges in NSW and 17% in South Australia for 12 months.

QEnergy

It’s been a while but QEnergy is back with some product changes. The retailer that likes to change products and prices more than most has introduced new offers for NSW and QLD, while removing its Flexi Saver Home plan across all states. In come the Home Saver Variable in NSW and QLD, plus the Home Saver Lite Variable in QLD. It all means that QEnergy becomes more competitive, but for how long, we’ll have to wait and see. Check out our comparison tool for up to date pricing.

AGL

AGL has made subtle changes to two of its discounted plans in Victoria. The variable rate AGL Savers has seen its pay on time discount reduced from 33% to 30%. Meanwhile the Savers Home Connect plan – which comes with a bonus Amazon Echo device – has seen its discount cut from 18% to 16%. This plan also comes with variables rates but the discount is guaranteed rather than conditional.

Lumo Energy

Lumo Energy has revealed a new plan for Victoria and South Australia, with movie-lovers clearly in the retailer’s sights. The Lumo Flix is similar to the retailer’s Lumo Value plan, but it comes with the added bonus of two-for-one HOYTS movie tickets from Monday to Wednesday. However, Lumo does point out that some restrictions and conditions may apply. For example, a maximum of three free tickets are available per transaction. The plan also comes with a conditional discount of 3% or 5% (3% for paying on time and an extra 2% if you also choose direct debit payments).

January 2019

Alinta Energy

Alinta Energy has made fairly dramatic changes to its product line-up in some states, removing its biggest discount ‘Fair Deal’ offers in NSW and SA. The Fair Deal came with pay on time discounts, but the retailer says it is moving away from conditional discounts and instead offering customers smaller, but guaranteed, discounts off usage charges. The upshot, however, is that new customers in market can expect to pay more with Alinta’s new ‘Fair Saver’ products compared to its previous offers.

Momentum Energy

Just a few weeks after increasing prices in Victoria, Momentum Energy has slashed its rates and become far more price-competitive for customers in market for a new deal. The rate cuts apply to Momentum’s SmilePower Flexi, Solar Step-up and Move Mate electricity products in Victoria. See what the price changes means for how Momentum compares to the market with our price comparison page for Victoria.

Origin Energy

Origin Energy has been busy. The retailer has now increased the conditional discounts on its Maximiser and Saver online-only products across the states. These discounts are only available for customers who sign up on the Origin website, instead of over the phone, for example. Origin has also launched the online-only version of these plans in Queensland and the ACT for the first time.

• Maximiser Online Only – 18% to 22%
• Saver Online Only – 15% to 19%

• Maximiser Online Only – 12% to 16%
• Saver Online Only – 10% to 14%

• Maximiser Online Only – 25% to 29%
• Saver Online Only – 21% to 25%

Simply Energy

Simply Energy has beefed up some of its discounts in South Australia, with two plans going from ‘Plus’ to ‘Extra’. The retailer has a habit of switching up these plans from time to time, and the upshot is that costs have been reduced. The Simply RAA Plus has become Simply RAA Extra, meaning the discount increases from 21% to 25%. Meanwhile the Simply Plus plan becomes Simply Extra, with the discount going from 18% to 22%. Customers on the old plans will need to contact Simply Energy to upgrade to the latest offers.

Origin Energy

Origin Energy has launched its One Low Rate plan in the ACT. Previously only available in Victoria, One Low Rate is Origin’s no discount electricity plan, simply promising competitive rates without the confusion of conditional discounts. EnergyAustralia also offers a no discount deal in the ACT called No Frills, and at the time of writing, the two plans are up there as some of the cheapest for customers in Canberra.

Price changes in Victoria

Here is a summary of price changes in Victoria this January:

• AGL: Small price reduction to standing offer and market offers
• Origin: No changes
• EnergyAustralia: Price increase to No Frills plan
• Powerdirect: Reduction in costs for standing offer and market offer
• Tango Energy: Increase to standing offer but market offers unchanged
• GloBird Energy: Increase to standing offer pricing
• Momentum Energy: Increase to standing offer and market offer pricing
• Click Energy: No changes
• CovaU: Price increase for standing offer and market offer

December 2018

EnergyAustralia

EnergyAustralia has reduced the discounts on some of its plans in Victoria. The guaranteed discount on the Anytime Saver plan drops from 36% to 32%, while the discount with the Secure Saver plans has been cut from 32% to 29%. In both cases, the discount applies to electricity usage charges only. The Flexi Saver maintains a 25% discount off usage charges.

Lumo Energy

Lumo Energy has ended the year by completely changing up its product suite in Victoria and South Australia, retiring some products and launching new ones. Out go the big discount Advantage and Advantage Premium plans in both states, while the eDeal product in Victoria is also resigned to the scrapheap. In comes the Lumo Value plan, bringing a modest 3% discount for paying on time, in addition to 2% for direct debit payments. These discounts are consistent across VIC and SA. Lumo also seems to be placing greater focus on its ‘Movers’ plan now (one of few products specifically tailored for renters), now bringing the same potential discounts as the new Value plan. Despite the move away from big discounts, Lumo’s pricing remains very similar to before, though it’s unclear whether any further rate changes will occur in January.

CovaU

Customers of small electricity retailer CovaU might want to check their energy bills, with prices going up in New South Wales. CovaU has increased costs for both its Freedom and Freedom Solar plans at a time of year when it’s unusual to see price changes in any state other than Victoria. Despite the price increase, the Freedom plan maintains a 25% conditional discount, with customers on the solar version of plan seeing a potential discount of 20%.

Momentum Energy

It’s been a busy month for Momentum Energy which has launched a new product in Victoria, targeted at renters who often move home. The ‘Move Mate’ plan is similar to Momentum’s other products in that it doesn’t include any discounts. But the difference is this plan waives move in fees (connection/special meter read) given that switching over your energy when you move home often comes at a cost. However, customers on the Move Mate plan can expect to pay more for their electricity (at the time of writing) compared with Momentum’s other market offers on our database.

AGL

AGL has made some subtle but significant changes to its Savers Home Connect plan in some areas. The plan still includes a notable discount off electricity usage charges, but this discount is now guaranteed rather than conditional on paying bills on time. The discount has been increased in South Australia from 4% to 7%, but reduced in Victoria from 23% to 18%. In NSW, it remains the same at 14%. The plan also includes the bonus extra of an Amazon Echo smart home device.

1st Energy

Melbourne-based retailer 1st Energy has revamped its Victorian electricity market offers going into the new year. It has removed its Direct Saver and Easy Saver plans from public sale, while cutting the pay on time discount on its 1st Saver product from 43% to 20%. The usage and supply rates on the 1st Saver have been decreased to compensate for the reduced discount, with overall pricing only changing slightly. The discount is now ongoing. Use our comparison tool for latest costs where you live.

Momentum Energy

Momentum Energy has increased prices in Victoria. The retailer has raised its electricity usage rates in the lead-up to the annual price change cycle in Victoria, although it’s unclear whether or not further changes will be made in the new year. The increases mean customers on Momentum’s SmilePower Flexi and Solar Step-up plans can expect to pay around a $100 more per year, based on a typical three-person household on the Citipower network in Melbourne. Price changes may differ across other distribution networks and your personal circumstances.

November 2018

Red Energy

It’s unusual to see a retailer in Queensland change its actual rates at this time of year (usually it’s just discounts), but that’s what Red Energy has just done. Impacting its three market offers in the Sunshine State – the Easy Saver, Qantas Red Saver and Qantas Red Plus – Red Energy has slightly decreased its supply charges but increased its usage charges, resulting in a marginal overall price increase for typical three-person households in the Brisbane area.

GloBird Energy

Victorian electricity retailer GloBird Energy has increased prices on some products. Raising usage and supply rates on its GloSave and EasySave plans, the retailer will now be charging a typical three-person household on the Citipower network about $200 more a year. This could be a sign of things to come for customers of other electricity retailers in Victoria ahead of the annual price change cycle in January.

Alinta Energy

Alinta Energy has introduced new market offers in Queensland, NSW and South Australia. Bringing smaller but guaranteed discounts, they provide an alternative to the retailer’s big discount plans in each state that require customers to pay their bills on time to achieve the savings.  The “Fair Saver’ plans work out more expensive than Alinta’s cheapest deals in these states, but may be worth a look if you like Alinta but don’t like risk of losing the big discount if you don’t pay on time. Meanwhile Alinta has removed its ‘Fair Deal’ product in Victoria and now just offers the Fair Saver with a guaranteed discount of 35% off electricity usage charges.

EnergyAustralia

EnergyAustralia has trimmed the conditional discounts on its Anytime Saver and Secure Saver products in NSW, both down from 28% to 26%. The retailer has also removed the block rate pricing on its No Frills product in NSW, meaning slightly reduced costs based on a typical three person household on the Ausgrid network. The same change has occurred on the No Frills plan in South Australia, meaning slightly lower overall costs.

October 2018

QEnergy

QEnergy has dramatically increased prices in NSW and South Australia, with a small price rise in Queensland. The retailer frequently changes costs, going from one of the most competitive in some areas to one of the most expensive overnight. It’s not clear whether or not these price changes will impact existing customers, but it’s certainly worth checking to find out! Meanwhile the retailer has also reintroduced its market offers in Victoria. These tend to come and go.

Simply Energy

It’s not every day that a retailer cuts electricity prices, but that’s what Simply Energy has just done in Victoria. Reducing usage charges, Simply Energy has trimmed about $100 a year off its pricing based on a typical three-person household on the Citipower network in Melbourne. The price cuts apply to its RACV Plus, Simply Plus, AFL Plus, Gold Class Plus and Simply Save products. Use our comparison tool for specific quotes in your area.

AGL

Just a month after reducing the discount on its Savers plan in some areas, AGL has now increased discounts in all areas, as follows. If you’re an AGL Savers customer receiving a smaller discount than the current offers, it might be worth giving AGL a call. It could make a big difference to your overall costs…

• SA – Savers has increased discount from 10% to 13%
• QLD – Savers has increased discount from 23% to 24%
• NSW – Savers has increased discount from 18% to 23%
• VIC – Savers has increased discount from 27% to 33%

EnergyAustralia

has followed big three rivals AGL and Origin in launching a ‘back to basics’ electricity plan with no conditional discounts or other confusing sign-up incentives, just the promise of ‘great low rates’. Called ‘No Frills’, the plan is available in all areas that the retailer serves, and at the time of writing, actually works out cheaper than some of EnergyAustralia’s big discount plans.

Energy Locals

has launched its electricity offering in an increasingly competitive South Australia market. Already operating in NSW and Queensland, Energy Locals comes with a competitive Simple Saver product with no conditional discount, just reasonable rates. The retailer also has a membership-based offer whereby customers pay a weekly fee to get access to cheaper rates.

Sumo

Sumo has expanded from its Victoria base and now also provides electricity in NSW. The retailer was originally known for offering one of Australia’s first fixed price energy plans with the ‘All You Can Eat’ product whereby customers agree an upfront payment for the year and are then able to use as much power as they like with no extra costs incurred. However, the retailer now offers more traditional contracts consisting of large pay on time discounts off usage charges.

Momentum Energy

Momentum Energy has reduced the cost of its SmilePower Flexi plan in Victoria. Typical three-person households on the Citipower network in Melbourne can now expect to pay around $100 less a year. Use our comparison tool for specific quotes in your area as price changes may be different in other areas and based on your specific circumstances. At the time or witting, Momentum has become one of the most competitively-priced retailers in Victoria, but the company has a habit of changing rates quite often.

Powershop

Powershop has launched a new energy offer across Victoria, NSW and Queensland, moving away from its usual approach of customers needing to pre-purchase power to get its cheapest rates. Customers can still buy powerpacks in advance to save in the long-run, but the company also now offers ‘Powershop Lite’, a more traditional energy product which just brings reasonable prices. Buying powerpacks is still likely to work out cheaper, but for those who like Powershop but not the leg work involved, this could be a solid alternative.

September 2018

Origin

Origin has reduced the conditional discounts on its Maximiser and Saver plans in some areas. In Victoria, the direct debit discount on the Maximiser has been cut from 30% to 24%, while the Saver discount for paying on time drops from 26% to 20%. In South Australia, the Maximiser discount has been trimmed from 16% to 12% and the Saver goes from 12% to 10%. Customers who signed up to these plans based on previous discounts should not be affected by the change until the end of their benefit period.

AGL

AGL has reduced the conditional discount on its Savers plan in some areas. The Savers plan is available for customers who pay their bills in full and on time, with a 12 month benefit period. It is a variable rate product, so prices could be changed at any time. There are no exit fees. AGL has a habit of regularly increasing and cutting its discounts and these are the latest changes:

• VIC: 27% (was 30%)
• NSW: 18% (was 20%)
• QLD: 23% (was 26%)
• SA: 10% (was 11%)

August 2018

Energy Locals

Small retailer Energy Locals has switched up its product offerings across NSW and Queensland. Replacing its ‘Save Me’ electricity plan, Energy Locals has launched a membership-based offer that sees customers get access to ‘wholesale’ electricity prices, provided they pay the $4.50 weekly membership cost. Now available in NSW and QLD, Energy Locals also has plans to launch the new Member Promise 2020 deal in Victoria and South Australia in the near future. Energy Locals also has a more traditional market offer called the Simple Saver.

July 2018

Alinta Energy

Better late than never, Alinta Energy has revealed its annual electricity and gas price changes. Electricity prices are coming down by a weighted average of 1.6% in south east Queensland and Victoria, while rates are being increased by 0.5% in NSW and 0.4% in SA. Gas rates are coming down by 0.8% in Victoria and 0.1% in NSW, but going up by 2.1% in SA.

VIC Price Changes

While energy prices tend to change in January rather than July in Victoria, there has been plenty of activity down south this year. Here are the latest developments:

• Tango Energy has lowered its market offer rates
• Powerdirect has increased the discount of its market offer from 33% to 39%
• EnergyAustralia has increased the discount on its Secure Saver plan from 30% to 32%

These changes would seem to reflect wholesale power costs coming down and retailers (hopefully) becoming more competitive on price as a result. However, keep in mind that discounts are usually conditional.

SA Price Changes

Like in NSW, significant price cuts are few and far between in South Australia. These are the price reductions announced:

• Red Energy: 1.5%
• Origin: 1%
• Simply Energy: 0.5%
• AGL: 0.4%

EnergyAustralia has kept all rates on hold in SA. It should also be noted that some retailers have increased gas prices.

NSW Price Changes

Unlike in Queensland where most retailers are cutting prices, the news is not so good in NSW. The following price cuts have been announced by some of the big providers:

• Powershop: 3%
• AGL: 0.3%
• EnergyAustralia: 0.2%

Origin, Red Energy and Simply Energy have kept their rates on hold in NSW. While EnergyAustralia has only dropped rates by 0.2% for most customers, those on its fixed rate Secure Saver product will see rates drop by 3%.

Be aware that some retailers in NSW have increased gas prices.

Further Queensland Price Cuts

In addition to the retailers mentioned below, a handful of others have cut rates in SE QLD. There have been modest price reductions from the following, resulting in savings of less than $100 per year, based on typical energy usage for a five-person household in Brisbane:

• Amaysim Energy
• Click Energy
• Powerdirect
• 1st Energy

See below for news on major retailers in the state.

Origin Energy

Origin Energy have kept its NSW rates on hold, however the retailer has significantly reduced the discounts on the Origin Maximiser and Origin Saver plans, effectively increasing its prices for new customers. The Origin Maximiser discount has been reduced from 23% to 16%, while the Origin Saver has had its discount reduced from 21% to 13%. Existing customers should see no changes to their discounts.

Meanwhile AGL has cut the discount on its AGL Savers plan from 25% to 20%. AGL previously announced a modest price reduction of 0.3% in NSW.

Momentum Energy

One of the most significant price changes this July has come from Momentum Energy, which has slashed prices in NSW and South Australia. The retailer has shaved about $300 off its SmilePower Flexi plan in NSW (based on typical energy usage for a five-person household on the Ausgrid network), while reducing costs in the Adelaide area by around $400, based on the same assumptions. While Momentum Energy wasn’t the cheapest provider in these states to begin with, it is nevertheless a big price cut and good news for existing customers.

June 2018

Powershop

There’s great news for Powershop customers, especially those in Queensland where the retailer has announced a significant drop in electricity prices, while also bucking the trend by cutting rates in New South Wales. Powershop will cut its rates in Queensland by 8.6% – saving the average household around $140 a year. In NSW, where most retailers have either frozen their rates or passed on only small price reductions, Powershop is cutting costs by 3% – saving the average household about $74 a year.

While electricity price cuts have been fairly modest in SA and NSW (if at all), Queenslanders are certainly benefiting from a drop in wholesale power costs. This what we have seen so far from the major players in Queensland. Alinta Energy is expected to announce price changes in the coming weeks.

Red Energy

Red Energy has cut or frozen electricity prices across the country, but customers can expect to pay more for gas. The retailer says electricity rates in Queensland will drop by 2.2%, resulting in average savings of about $36 a year. In South Australia, electricity prices will come down by 1.5%, meaning average savings of about $32. However, the news is not so positive for Red Energy customers in NSW where electricity rates will remain the same and natural gas prices will go up by 1.8%. Gas prices will also increase in South Australia by 2.5%.

Simply Energy

Simply Energy has announced that standing offer electricity rates will drop by 5.4% in Queensland, effective in August. However, the news is not so good in other states, with prices cut by just 0.5% in South Australia, while customers in NSW will see rates frozen. Natural gas customers in NSW can expect a 3% drop in prices, while rates will remain the same in SA.

EnergyAustralia

EnergyAustralia has completed the price-changing announcements from the so-called big three, either cutting or freezing rates across the states. Households in South East Queensland are the biggest winners, with their costs cut by 3.8%. The retailer is also cutting prices for Secure Saver customers in NSW, though households on other EnergyAustralia plans in the state will see prices drop by just 0.2%. The Secure Saver plan comes with fixed rates for two years and the retailer had previously promised to pass on wholesale cost savings to those on this plan.

AGL

AGL has followed Origin in announcing July price changes, also reducing costs in some areas. AGL is cutting electricity prices across NSW, Queensland and South Australia from July, but has also revealed that gas rates will increase for households in NSW and SA. Gas prices in QLD will go unchanged. AGL is cutting standard electricity prices in QLD by 1.6%, while rates are set to drop by 0.4% in SA and 0.3% in NSW. While gas prices remain unchanged in QLD, customers in SA can expect an increase of 2.1% and those in NSW will see costs go up by 1.8%.

Origin Energy

Energy giant Origin is the first to announce its July 1 price changes for NSW, Queensland, South Australia and the ACT. The news is generally good, if a little underwhelming. The general word on the street is that wholesale electricity prices have reduced, meaning retailers should be in a position to pass on some much-needed savings. Origin has kicked off this (hopefully) trend, albeit with no spectacular news. Origin has lowered its electricity prices in South East Queensland and South Australia, while rates in NSW and the ACT will go unchanged. Origin customers in Queensland can expect the retailer’s base rates to drop by an average of 1.3%, while those in South Australia should see a 1% cut. Natural gas customers in NSW will see rates cut by an average of 3%.

May 2018

AGL

AGL has increased some of its conditional discounts in NSW and Victoria. In Victoria, its Set and Forget plan discount has increased from 34% to 38%. This is available for customers who pay by direct debit, with the discount applying to usage rates only for 12 months. In NSW, the Set and Forget discount has jumped from 25% to 28%, while the Savers plan discount goes from 21% to 25%. The Savers plan discount comes for paying on time, with the discount applied to usage rates for 12 months. In most case, the additional discounts will save customers around $100 a year, based on a typical five person household. Existing customers will not automatically receive the extra discounts. You might want to pick up the phone to AGL.

GloBird Energy

Small Melbourne-based electricity retailer GloBird Energy may have just triggered something of a price war in its home state by slashing rates across its GloSave, EasySave and Boost products. The retailer says it is simply passing on changes in the wholesale price of electricity, with the cost of some plans being cut by as much as $700 a year (based on a five-person household on the Citipower network). Solar power customers have also been told to expect a price drop in the coming months. We will watch closely to see if this move from GloBird triggers a reaction from other retailers in Victoria. Significant price changes at this time of year are unusual in Victoria, so we’ll have to wait and see.

EnergyAustralia

Just a couple of months after making sweeping changes to conditional discounts, EnergyAustralia is at it again. Its latest changes impact its Flexi Saver and Anytime Saver products across Queensland, South Australia, New South Wales and Victoria. The retailer has decreased the discounts on its Flexi Saver plans, which apply to usage charges for paying bills on time, but has dramatically increased some Anytime Saver discounts. On this plan, discounts are guaranteed. Anytime Saver discounts have traditionally been smaller than Flexi Saver discounts. In Queensland, the Anytime Saver discount has jumped from 8% to 28%.

April 2018

Simply Energy

With the AFL season underway, Simply Energy has launched a new offer targeted at footy fans, promising up to $480 in ‘free kick’ credit over the two-year contract period. Customers get $10 bill credit applied to their account each month, in addition to a conditional discount, the details of which vary between states. The Simply AFL Plus plan offers a 10% pay on time discount off usage charges in NSW, Queensland and South Australia, with 30% off in Victoria. To receive the maximum credit, customers will need to sign up for both electricity and gas.

Red Energy

Red Energy has teamed up with Qantas to offer two new electricity and gas products that allow customers to earn Frequent Flyer points by paying their bills on time. The Qantas Red Saver gives customers 2 points for every $1 they spend on power, in addition to a 10% pay on time discount applied to the whole bill. Meanwhile the Qantas Red Plus plan provides 7 points for every $1 spent on energy, but the trade-off is there is no 10% discount available. New customers signing up to either electricity plan will also bag 10,000 points as a bonus. Those who sign up to electricity and gas could get 15,000 points.

March 2018

EnergyAustralia

In light of increasing competition, EnergyAustralia has increased conditional discounts on some plans in NSW and Queensland. In NSW, its Flexi Saver plan discount has gone from 20% to 22%, while the fixed rate Secure Saver plan has increased from 22% to 25%. In Queensland, the Flexi Saver goes from 14% to 24%, with the Secure Saver rising from 20% to 28% – in line with discount offers from the likes of AGL and Alinta Energy. Interestingly, the retailer’s fixed rate product is currently its cheapest in NSW, Queensland and Victoria. The deal is not available in South Australia.

1st Energy

Melbourne-based retailer 1st Energy has increased its conditional discounts in NSW and Queensland, having only recently launched in the states. Customers in NSW can now get 22% off electricity usage charges when they pay on time (it was previously 20%), while households in the Brisbane area can get 28% off usage charges (previously 18%). The retailer also claims a price match guarantee, so why not put it to the test!

Dodo Power & Gas

Dodo has increased conditional discounts across Victoria, NSW and Queensland. In Victoria, its market offer now brings 40% off electricity usage charges (up from 30%) when you pay on time, while in Queensland the discount jumps from 15% to 25%. In NSW, the discount goes from 20% to 30%, but with an increase in usage and supply charges at the same time, this plan is actually now slightly more expensive. Dodo customers who signed up with different discounts at the time may need to contact the retailer to ask for improved terms.

AGL

AGL has launched a new prepaid power plan which sees customers awarded bonus credit relating to how much energy they buy in advance. Customers who prepay $50 will receive $10 in bonus credit, while those who can afford to spend $100 will benefit from an extra $30. A maximum credit of $80 is available to customers who prepay $240. AGL’s standard contract rates are applied. The prepaid plan is available over 12 months, with no lock-contract or exit fees. Customers who try the plan can switch to another without penalty, but bonus credit cannot be refunded or transferred to another account, AGL says. The plan is only available to residential customers in Victoria with a smart meter installed at their property.

Click Energy

Click Energy has once again made sweeping changes to its electricity products across the country. Replacing its previous flagship market offers which varied between states, Click has now introduced the ‘Click Agate’ plan across Victoria, NSW, South Australia and Queensland. Conditional discounts vary by state, but the good news is that the plan typically works out cheaper than the retailer’s previous offers, in most areas. However, be sure to search for a specific quote where you live. Click customers on different plans can contact the retailer and ask to be moved onto this one. Click Energy has also changed its solar offers across the country, now named Click Solar and Clock Solar Light. Queenslanders are also offered the ‘Click Bright’ product.

Simply Energy

Simply Energy has beefed up conditional discounts on its RACV and NRMA member offers in Victoria and NSW respectively. RACV members can now get 45% off electricity usage charges for paying bills on time and in full, while NRMA members can now get 21% off. Both plans have variable rates and two year benefit periods, with no exit fees. Simply Energy recently increased prices in Victoria.

AGL

AGL has launched a new product that comes with a ‘free’ Amazon Echo smart device. The retailer says the device can help customers better manage their energy usage and provides easy access to their billing information. Users can even ask the device any questions they have about their bills. The AGL Savers – Home Connect plan is available in Victoria, South Australia, NSW and Queensland, with varying conditional discounts depending on where you live.

Powershop

There’s a welcome surprise for Powershop customers in Victoria, with the retailer dropping usage rates across the board. It means handy savings of around $150 a year for customers on its Online Saver and Standard Saver plans, based on typical energy usage for five person households in central Melbourne. The change comes after Powershop increased prices by around 20% in December last year. Compare Powershop prices to other retailers in Victoria here.

February 2018

Momentum Energy

There’s good news for Momentum Energy customers, with the retailer significantly dropping prices on its SmilePower Flexi plan in Victoria. Known for offering 0% discounts, Momentum has cut its rates and reduced overall costs by around 11%. It means savings of close to $300 a year for a typical five person household on the Citipower network in Melbourne. You can see how Momentum now compares to other electricity providers in Victoria with our state comparison report. Momentum is also expected to lower gas prices in Victoria in the near future.

AGL

There is another twist in the unfolding SE QLD price war, with AGL matching Alinta Energy’s 28% discount off electricity usage charges. Increasing the conditional discount on its Set and Forget product by 10%, AGL is now the closest competitor to Alinta on price. However, unlike with Alinta, it seems existing customers will need to contact AGL in order to receive the additional discount, which would save a typical five person household in Brisbane around $200 a year compared to AGL’s previous offer. Customers on AGL’s standing offer in Queensland stand to save more than $500 a year by making the switch to its new cheapest deal.

QEnergy has also put through a modest reduction in rates this month.

Alinta Energy

Alinta Energy customers in SE QLD have received an additional 3% discount off electricity usage charges, with the retailer bumping up its offer from 25% to 28% off. Increases in conditional discounts are typically not passed on to existing customers, but in this case Alinta says it is rewarding the more than 100,000 Queenslanders who have so far switched to the retailer. The extra discount will save a typical five person household in Brisbane around $60 a year. The Home SaverPlus plan from Alinta has a benefit period of two years, with no exit fees.

Red Energy

Red Energy customers in Victoria can expect large price increases. It seems the retailer delayed its annual price changes in Victoria until February, but has now jacked up prices by around 15%. A typical five person household in Melbourne can now expect to pay about $300 more per year for their electricity. The price change applies to Red Energy’s Living Energy Saver plan, which brings a guaranteed 10% discount off the entire bill, with an ongoing benefit period. There is no lock-in contract.

Pacific Hydro/Tango Energy

Pacific Hydro customers can expect a new name on their bills in future, with the Melbourne-based retailer rebranding to become Tango Energy. Other than the name changes, there have been some subtle changes to its products. While Tango Energy continues to specialise in fixed rate plans, rates are now locked in for just 12 months, as opposed to 24 months previously. Tango Energy now offers two residential market offers, one providing flexible billing and payment options, while the other rewards customers who sign up for email billing and direct debit payments with a small sign up credit. Rates are the same on both plans.

Simply Energy

Simply Energy customers should check for significant price increases this month. The retailer has increased rates in Victoria to the tune of 15%, with a typical five person household in Melbourne set to pay an extra $300-odd a year more. The rate change has impacted its Simply Save, Simply Plus, Gold Class Plus and RACV Plus electricity products, with conditional discounts remaining the same. Other retailers to increases costs in Victoria include Powerdirect and CovaU. See our comparison tool or this page for further pricing details.

Red Energy

Red Energy customers in Queensland can now expect slightly lower bills, with the retailer trimming its usage rates and thus reducing overall costs. A typical five person household in Brisbane can expect to spend about $100 less on electricity a year as a result of the price reduction. Red Energy follows other energy retailers in either cutting rates or increasing conditional discounts in SE QLD. The arrival of Alinta Energy into the market has triggered plenty of price competition. Further price cuts are expected in the coming weeks.

January 2018

Price Reductions – Alinta Energy & Momentum Energy

The new year has got off to a good start for Victorian customers of Alinta Energy and Momentum Energy, with both retailers cutting costs in the state. Reducing their electricity usage charges, a typical five-person household with Momentum in Melbourne can expect to pay around $100 less a year, while Alinta customers can expect savings of around $80. While relatively modest price reduction, this is welcome news nonetheless and could trigger other retailers to follow suit. See how Momentum and Alinta stack up on price compared to other retailers with our Victoria price comparison page.

AGL

AGL has added a new product to its suit of offers in Victoria. The AGL ‘Essentials’ plan is a fixed rate deal for 12 months, meaning that usage and supply charges will remain the same for a year. The plan does not include any conditional discounts, just “simply low rates”, according to the retailer. Despite being a fixed rate plan, no exit fees are applied for cancelling the contract early. AGL follows in the footsteps of EnergyAustralia in bringing back a fixed rate offer. However, the Secure Saver from EnergyAustralia see rates locked in for two years rather than one. At the time of writing, the Essentials plan from AGL actually works out to be the retailer’s cheapest product in Victoria, based on a typical family of five in central Melbourne. Search with your postcode in our electricity comparison tool for a specific quote in your area.

Click Energy

Click Energy continues to play musical chairs with its electricity products, removing its Topaz plan from Victoria and replacing it with Click Onyx. The good news is that the new plan works out around $500 a year cheaper than the old one (based on typical five-person household on the Citipower network)! Like Click Topaz, Click Onyx also comes with a 29% conditional discount for paying bills on time and by direct debit, but it comes with noticeably cheaper usage rates. Click Energy customers on the Topaz plan may wish to contact the retailer to ask about their options. Click Energy has a habit of turning products on and off from public availability quite often.

Origin Energy

Origin Energy has kicked off 2018 with an increase to conditional discounts in NSW. Origin’s Maximiser flagship plan has seen an increase from 19% to 25% for customers who pay by direct debit, while the Saver plan has seen an increase from 15% to 21% for customers who pay their bills on time. In the case of the Maximiser energy plan, new customers can expect to pay around $140 a year less than previously (based on typical five-person household on the Ausgrid network). Discounts have a 12 month benefit period. While new customers can receive the new discounts, existing Origin customers may need to contact the retailer and ask to be placed on the new deal.

Victoria Prices Changes

The following retailers have all adjusted electricity prices in Victoria as of 1 January 2018:

• 1st Energy
• AGL
• Diamond Energy
• EnergyAustralia
• Momentum Energy
• Origin
• Pacific Hydro
• Powerdirect
• QEnergy
• Simply Energy

In some cases price changes have only been applied to standard contracts, but other retailers have also increased market rates. Be sure to check your plan if you’re with one of these retailers. Prices increases have been significant in some cases. AGL has increased prices by 12%, EnergyAustralia by 14% and 1st Energy by 18% based on typical five-person households in Melbourne.

While most retailers change their prices from January 1 each year, it’s important to know that others choose to adjust their rates at different times, meaning it’s important to keep an eye out for any communications from your provider.

December 2017

Lumo Energy

Lumo Energy has pushed ahead with significant price rises in Victoria ahead of the new year. Plans changed are Lumo Advantage, Advantage Premium, Life 10, Movers and eDeal. In the case of the latter, prices have been increased in the region of 27%. Typical five-person households on the Lumo eDeal can now expect to pay an extra $500 a year. However, the online-only eDeal remains the retailer’s cheapest electricity plan in Victoria, with a 33% discount off your entire bill when conditions are met.

Powershop

Powershop has increased its energy prices in Victoria by around 20%. For a typical five-person household in Melbourne, this will likely add another $500 a year to annual electricity costs. While Powershop has reduced its daily supply charges, this has been compensated for with higher usage rates. This move could favour low-usage households, but overall costs have still increased. This percentage price increase from Powershop is likely indicative of other price rises to come from other retailers.

Mojo Power

Mojo Power has overhauled its products and rates, doing away with its fixed monthly fees for access to “wholesale rates”. Instead, Mojo Power has increased its daily supply charge to cover its costs, while also claiming no markup on its relatively low usage rates. This theoretically means Mojo Power doesn’t benefit from customers receiving large electricity bills due to high electricity usage. Mojo Power has two new products with identical rates and similar conditions: Mojo Connect and Mojo Energy Pass. The only difference is that Energy Pass customers pay an annual subscription of $360 to receive $480 worth of credit split over 12 monthly bills, essentially saving you $120 over the year.

Origin Energy

Energy giant Origin has become notably more competitive in SE QLD, increasing the conditional discounts on its Maximiser and Saver plans in the state. The Maximiser plan is the cheapest, with a 16% direct debit discount making it one of the most competitive deals in the Brisbane area at the time of writing. The Origin Saver plan, now with a 14% pay on time discount, works out marginally more expensive.

GloBird Energy

GloBird Energy has become the first retailer in Victoria to significantly increase its prices in December. Going into the busy price-change cycle, GloBird has jacked up rates on all of its products, including the GloSave, Boost and Easy Save electricity plans. It looks like price increases of around 25% have been applied. It remains to be seen how high other retailers in Victoria will go over the coming weeks. Dodo Power & Gas and Click Energy appear to have got in early with their price increases back in October.

Other changes

There have also been some subtle changes from other retailers in early December. These include EnergyAustralia increasing the conditional discount on its Flexi Saver product from 26% to 28% and Momentum Energy adjusting prices in NSW, VIC and SA. Meanwhile Powerdirect has cut the benefit period of its market offer from two years to one year in QLD, NSW and SA.

November 2017

Energy Locals

Energy Locals relaunched its leading product in November. ‘The Lock Down’ has been renamed to ‘Save Me’. Aside from the name and slight reduction in rates, these two deals are identical, with no discounts, benefit periods or contract terms – just straight forward electricity. The ‘Save Me’ deal comes with the promise that Energy Locals won’t increase its rates before July 2018, giving customers certainty about their bill. Energy Locals also claims to be one of the few retailers that reduced its electricity rates earlier in the year.

October 2017

EnergyAustralia

EnergyAustralia has launched a new fixed rate energy plan called Secure Saver. The retailer, along with big three rivals AGL and Origin, removed its only fixed rate product back in August citing little customer interest. However, unlike its previous offering, the Secure Saver from EnergyAustralia comes with big discounts and is likely to attract a lot more interest as a result. In fact EnergyAustralia has reduced the conditional discounts on its Flexi Saver and Anytime Saver plans to ensure the Secure Saver has the biggest discount in each state, NSW, Victoria and QLD. The retailer is obviously keen to get customers on board with its new fixed rate deal, which at the time of launch works out to be its cheapest product in each state where it is available.

Click Energy

Click Energy has introduced a new plan to the Victorian market ahead of the anticipated annual price changes in the state in January. Click Topaz is now the retailer’s flagship market offer in the state, bringing a total bill discount of 29% for paying bills on time. However, new customers on this plan can expect to pay significantly more than those who signed up to its previous offer, Click Opal. It is unclear whether or not further product changes will go through in January.

Dodo Power & Gas

Dodo customers in Victoria can expect a significant bill increase of close to 15% this October. The retailer has increased prices on its only market offer in the state, meaning a typical five-person household will be paying around $300 a year more with the retailer. Its market offer still has a 30% discount off usage charges when you pay on time. Given that electricity prices in Victoria are typically changed at the turn of the year, it’s unclear whether further price increases will incur in January or not.

Origin Energy

Origin Energy has made some subtle changes to its conditional discounts on plans in NSW and South Australia. The new Origin Bill Saver plan in NSW now has a whole bill discount of 10%, up from 5%. This is a guaranteed discount with a 12 month benefit period. The Bill Saver plan discount has also been increased in SA, from 5% to 8%. Meanwhile Origin has also increased the discounts on its Maximiser and Saver products in SA, both up 2% respectively. The Maximiser, with its direct debit discount, now offers 16% off, while the Saver plan, with a pay on time discount, now brings 12% off.

September 2017

GloBird Energy

Small Victorian electricity provider GloBird Energy put through some small price increases on its Boost and GloSave products in late September. However, at the time of writing, it remains one of the most competitive retailers in Victoria. GloBird also recently launched a new product called EasySave, which typically works out cheapest for large households. Unlike the retailer’s other plans which bring pay on time discounts (off usage charges or your entire bill), the EasySave plan has no conditional discount, just low rates. The catch is that you must pay bills by credit card, rather than debit card.

AGL

September has turned out to be a busy month for AGL. Following the changes mentioned below, the retailer has also adjusted the conditional discounts on its Savers and Everyday plans across the country, generally resulting in reduced discounts and higher overall costs to new customers. AGL has also returned its Set and Forget product in NSW and Victoria, having been unavailable to new customers for the last few months. Whichever state you live in, Set and Forget will likely be your cheapest option with AGL. It provides a direct debit discount off usage charges with a 12 month benefit period. However, like the Savers and Everyday plans, it comes with variables rates, so you’ll have to take your eyes open for any rate changes.

Powershop

The latest energy company to reduce its costs to new customers in SE QLD is Powershop. Following on from QEnergy and Origin, Powershop has increased the discount on its Online Saver plan from 10% to 15%. The change results in savings of more than $100 for typical five person households. This makes Powershop much more competitive in the SE QLD market, but be sure to do your homework on this retailer before signing up as getting the best value is dependent on following the cheapest deals on Powershop’s website. You will likely need to log on every month to secure the best rates. It can get confusing, so don’t be afraid to ask lots of questions.

QEnergy

Brisbane-based retailer QEnergy has revamped its product line-up across the country, resulting in some of the cheapest deals around. At the time of writing, QEnergy’s new Flexi Home plan is one of the cheapest deals on the table in NSW, QLD and SA, while also challenging some of the best deals in Victoria. The Flexi Home plan comes with a guaranteed discount off either usage charges or your while bill, depending on where you live. Customers in Victoria get 38% off usage charges, while those in the other states see discounts of between 17% and 24%. There is a two-year benefit period.

Momentum Energy

Momentum Energy has adjusted its pricing in the southern states. In Victoria, electricity usage charges on its SmilePower and SmilePower Flexi plans have been increased. The Flexi plan remains its cheapest product, with prices increasing by around 4%. Momentum has also increased the usage rates on its SmilePower plan in NSW and SA.

AGL

AGL has reduced the conditional discount on its Savers plan in Victoria by 3%. Available for paying bills on time, over 12 months, the discount is now 30% rather than 33%. The change means new AGL customers can expect to pay around $70 a year more than those who signed up previously. The Savers plan remains AGL’s cheapest product in Victoria.

Origin

Origin has made some subtle changes to its conditional discounts on plans in QLD and SA. In QLD, the direct debit discount on its Maximiser plan has increased from 10% to 12% – meaning new customers will pay around $40 less a year on Origin’s cheapest plan – while the pay on time discount with its Saver plan has jumped from 8% to 10%, also resulting in fairly modest savings. In SA, however, Origin has decreased the direct debit discount on its Maximiser plan from 16% to 14%, meaning new customers can expect to pay about $90 a year more than those who signed up previously.

CovaU

CovaU has introduced a new product in Victoria, called the ‘Introductory Offer’. It features a total maximum discount of 34% off electricity usage charges – 30% for paying on time and 4% for paying by direct debit. It comes with a contract period of 12 months. It appears to be priced the same as CovaU’s Smart Saver plan in Victoria.

*Please note that estimated increases and decreases in costs mentioned above are based on typical energy usage for a five-person household at a selected postcode in each state. Please use our comparison tool for a specific quote for your suburb.

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