AGL introduces cheap new energy plan to NSW, VIC, SA, QLD

Advertisement

AGL has introduced a new budget-friendly electricity offer across the states.

The aptly-named ‘Essentials Saver’ works out to be AGL’s most competitively-priced deal, overtaking the Essentials Plus in terms of price in New South Wales, Victoria, south east Queensland and South Australia.

At a time when notable changes have rocked the energy market, many power companies have shied away from discounts, instead moving towards cheaper base rates and other sign-up incentives. With the AGL Essentials Saver, customers can expect a $75 credit off their first bill when signing up online, in addition to low usage and supply rates.

The Essentials Saver is a variable rate plan, meaning energy prices can change at AGL’s discretion, as opposed to locking in charges with a fixed rate plan.

For solar customers, there are nominal feed-in tariffs attached to AGL’s Essentials Saver, which come up short compared to other solar-specific products in the market.

Is the Essentials Saver a good deal?

AGL is no stranger to being generous when it comes to value-add and sign-up incentives, particularly with bonus flybuys points on offer and its esteemed AGL Rewards program.

Canstar Blue Editor-in-Chief, Simon Downes, said the new plan helps to keep AGL competitive at a time when many smaller retailers are challenging the traditional big players on price.

“There is often a perception that you pay more with the big retailers – whether it’s energy, telco or anything else. But when it comes to energy, the big players can do you a good deal, provided you’re on their cheapest offer.

“AGL is a safe pair of hands but it’s not necessarily going to be the cheapest retailer in your area when it comes to basic dollars and cents. That’s why value-add benefits are important to consider because it’s ultimately about finding a plan that offers you the best overall value and service as a customer, rather than just the cheapest rates.”

Image credit: ideldesign/Shutterstock.com

Share this article

News & Tips

Sign up to receive more news like this straight to your inbox

By subscribing you agree to the Canstar Privacy Policy.

Thanks for signing up!

Good things are coming your way.

Advertisement