For years the Australian electricity market was dominated by just two major providers, Origin Energy and AGL. Only in the past decade have we seen new retailers emerge and slowly chip away at their market share, but one retailer in particular has asserted itself as the third major player – that’s EnergyAustralia.
AGL and EnergyAustralia battle it out across the four major states, with both using their size to offer competitive value. So which retailer is cheapest where you live – the incumbent or the challenger? In this report, we compare the two companies and how much their plans might cost you across Victoria, New South Wales, South Australia and South East Queensland.
Compare energy deals
Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the Ausgrid energy network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
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11% Less than reference price |
$1,614 Price/year (estimated) |
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18% Less than reference price |
$1,491 Price/year (estimated) |
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Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the Citipower network in Melbourne but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
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10% Less than VDO |
$1,304 Price/year (estimated) |
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Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from our referral partners†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
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4% Less than reference price |
$1,990 Price/year (estimated) |
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AGL vs EnergyAustralia – cheapest deals
Here are the current cheapest published deals on our database for AGL and EnergyAustralia across Victoria, New South Wales, South Australia and Queensland, with any conditional discounts factored in.
Which deal is cheapest in NSW: AGL or EnergyAustralia?
In NSW, EnergyAustralia is currently offering the cheapest price. See how these providers compare with others in the Sydney area with our NSW cost comparison report.
Here are the AGL and EnergyAustralia plans on our database for NSW. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. This table includes products from referral partners†. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
Which deal is cheapest in VIC: AGL or EnergyAustralia?
In VIC, EnergyAustralia and AGL’s cheapest offers are equal in price. To see how these two providers compare to others in the market, check out our electricity cost comparison report for Victoria.
Here are the AGL and EnergyAustralia plans on our database for Victoria. These costs are based on the Citipower network in Melbourne but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. This table includes products from referral partners†. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
Which deal is cheapest in QLD: AGL or EnergyAustralia?
AGL currently offers cheaper rates than EnergyAustralia in QLD. But how do these retailers compare to others in South East Queensland? Find out with our SEQ electricity price comparison report.
Here are the AGL and EnergyAustralia plans on our database for SEQ. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year for a residential customer on a single rate tariff. This table includes products from referral partners†. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
Which deal is cheapest in SA: AGL or EnergyAustralia?
In this instance, EnergyAustralia and AGL’s cheapest offers are equal in price. See how AGL and EnergyAustralia compare to other retailers with our electricity cost comparison report for SA.
Here are the AGL and EnergyAustralia plans on our database for South Australia. These costs are based on the SA Power network in Adelaide but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. This table includes products from referral partners†. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.
What plans do AGL and EnergyAustralia offer?
AGL and EnergyAustralia both offer multiple plans to residents with varying rates and discounts depending on your electricity distributor. EnergyAustralia’s plans include the Rate Fix Plan, Flexi Plan, Balance Plan Home and Basic Home plans. These offers come with variable rates (except the Rate Fix Plan), with the cheaper of the lot also offering guaranteed discounts off usage and supply charges. AGL has a few market offers in each state it serves, all of which come with variable rates.
AGL plans
- Value Saver: This deal offers competitive variable rates for an ongoing benefit period. There is no conditional discount or exit fees attached with this offer, but customers will have to sign up online. A sign-up credit is currently available to customers in NSW, VIC, QLD and SA.
- Netflix Plan: This offer includes an ongoing Netflix Standard with ads subscription, or a discount on Netflix Standard and Netflix Premium. This is a variable rate plan with no lock-in contract. A sign-up credit is currently offered in NSW, VIC, QLD and SA.
- Senior Savers Plan: This deal is only available for senior card holders in NSW, VIC, QLD and SA. This is a variable rate plan with no lock-in contract or exit fees. A sign-up offer is available for new or moving customers.
EnergyAustralia plans
- Flexi Plan: This plan has variable rates for 12 months as well as a large guaranteed discount off usage and supply charges. Like all EnergyAustralia plans, there are no exit fees on this offer.
- Rate Fix Plan: This is a fixed-rate plan with a guaranteed 6% discount in NSW, 8% in VIC and 1% in SA.
- Standing Offer Home: This is a variable rate plan with an ongoing benefit period. It has no exit fees or late payment fees, making it a decent option for the ‘set and forget’ type of customer.
- Balance Plan Home: This plan comes with variable rates for 12 months. There are no exit fees.
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Should I sign up to AGL or EnergyAustralia?
Both AGL and EnergyAustralia are perfectly viable choices as an electricity retailer. Remember that our price comparisons in this article are specific examples of expected costs. Use our electricity comparison tool for a specific price in your area. Energy retailers are desperate for your custom and you may be able to arrange a better deal by contacting the company directly. Be sure to carefully read the energy price fact sheets before signing up to an electricity deal to make sure it’s right for you.
This comparison is based on a very specific household, with usage figures and postcodes detailed above. Any annual cost estimates should be considered indicative only and not an actual quote. Please use our comparison tool for information catered to your location and electricity usage estimates.
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