AGL Essentials & Essentials Plus Explained

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If you’re on the hunt for a new electricity plan, you’ve likely had a peek to see what AGL has on offer. And with so many plans boasting large discounts, you might wonder: ‘Why would I sign up to a plan with no discount?’. AGL has followed in the footsteps of the other big three retailers in advertising a plan with no conditional discounts, but fixed rates – but will work out to be decent value? Canstar Blue takes a look at the plan’s rates, benefits and conditions to help you come to a conclusion as to whether it’s worth signing up to.

What is AGL Essentials?

AGL Essentials is the provider’s signature fixed rate, 0% discount energy plan. It’s available in NSW, QLD, VIC and SA. On this plan, customers will have peace of mind knowing their usage and supply charges won’t budge for at least 12 months, on an ongoing contract. Unlike most of AGL’s other products, this plan has no conditional discounts – instead generally offering lower rates than its other plans.

However, with this product there isn’t much flexibility when it comes to billing option – you’ll have to sign up to e-billing and direct debit in order to be eligible. That being said, monthly billing is available.

AGL is currently running an incentive where new customers will receive 10,000 flybuys points for signing up online to any of its plans, and AGL Essentials is no exception. Not only that, but all AGL customers, existing and new, have access to AGL Rewards.

What about AGL Essentials Plus?

What you’ll see readily advertised on the AGL website, rather than AGL Essentials, is the AGL Essentials Plus product. It carries the same rates and fees and options as AGL Essentials, but has two notable differences.

The first is the benefit period. While the AGL Essentials product has a 12-month benefit period, AGL Essentials Plus is two years. On a fixed rate plan, this means that for that time frame your rates won’t change. And since there are no lock-in contracts on either product, if you do decide you want out, you won’t incur any exit fees, even if you sign up for two years to begin with. And unlike the AGL Essentials, the ‘Plus’ version also comes with a promise of bill credits every six months over the two-year benefit period.

Compare AGL Electricity Plans

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AGL Essentials & Essentials Plus Prices

How much can you expect to pay with the AGL Essentials or Essentials Plus? We’ve listed the estimated annual costs of each state below for your convenience.

AGL Essentials & Essentials Plus Prices VIC

Here are the AGL Essentials plans on our database for Victoria. These costs are based on the Citipower network in Melbourne but prices will vary depending on your circumstances. Plans are listed in order of lowest price first. See here for further information on the VDO, which in this comparison assumes general energy usage of 4000kWh/year, meaning that the VDO is $1,334/year. Use our comparison tool for a specific comparison. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Brand Features Price(estimated˜)
AGL Logo
Energy Fact Sheet

Essentials Plus

No Conditional Discounts

Other Features:

  • Fixed rates for 24 months
  • $40/year bill credit
8% LessThan VDO› $1,231 More Details
AGL Logo
Energy Fact Sheet

Essentials

No Conditional Discounts

Other Features:

  • Fixed rates for 12 months
3% LessThan VDO› $1,297 More Details
View all electricity plans listed on Canstar Blue

AGL Essentials & Essentials Plus Prices NSW

Here are the AGL Essentials plans on our database for NSW. These costs are based on the Ausgrid network in Sydney but prices will vary depending on your circumstances. Plans are listed in order of lowest price first. See here for further information on the Reference Price, which in this comparison assumes general energy usage of 3900kWh/year, meaning the Reference Price is $1,467/year. Use our comparison tool for a specific comparison. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Brand Features Price(estimated**)
AGL Logo
Basic Plan Information

Essentials Plus

No Conditional Discounts

Other Features:

  • Fixed rates for 24 months
  • $40/year bill credit
11% LessThan Reference Price^^ $1,306 More Details
AGL Logo
Basic Plan Information

Essentials

No Conditional Discounts

Other Features:

  • Fixed rates for 12 months
7% LessThan Reference Price^^ $1,365 More Details

AGL Essentials & Essentials Plus Prices QLD

Here are the AGL Essentials plans on our database for SE QLD. These costs are based on the Energex network in Brisbane but prices will vary depending on your circumstances. Plans are listed in order of lowest price first. See here for further information on the Reference Price, which in this comparison assumes general energy usage of 4600kWh/year, meaning the Reference Price is $1,570/year. Use our comparison tool for a specific comparison. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Brand Features Price(estimated**)
AGL Logo
Basic Plan Information

Essentials Plus

No Conditional Discounts

Other Features:

  • Fixed rates for 24 months
  • $40/year bill credit
10% LessThan Reference Price^^ $1,412 More Details
AGL Logo
Basic Plan Information

Essentials

No Conditional Discounts

Other Features:

  • Fixed rates for 12 months
6% LessThan Reference Price^^ $1,475 More Details
View all electricity plans listed on Canstar Blue

AGL Essentials & Essentials Plus Prices SA

Here are the AGL Essentials plans on our database for South Australia. These costs are based on SA Power network in Adelaide but prices will vary depending on your circumstances. Plans are listed in order of lowest price first. See here for further information on the AER Reference Price, which in this comparison assumes general energy usage of 4000kWh/year, meaning the Reference Price is $1,941/year. Use our comparison tool for a specific comparison. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Brand Features Price(estimated**)
AGL Logo
Basic Plan Information

Essentials Plus

No Conditional Discounts

Other Features:

  • Fixed rates for 24 months
  • $40/year bill credit
9% LessThan Reference Price^^ $1,763 More Details
AGL Logo
Basic Plan Information

Essentials

No Conditional Discounts

Other Features:

  • Fixed rates for 12 months
6% LessThan Reference Price^^ $1,821 More Details
View all electricity plans listed on Canstar Blue

You can see how the AGL Essentials and Essentials Plus plans compare to other providers in your area via the links below. And also remember to use our comparison tool for a specific quote in your area.

Is AGL Essentials/Essentials Plus on a lock-in contract?

Neither the AGL Essentials or AGL Essentials Plus are on lock-in contracts. Both the products are on ongoing contracts, which just means that you’ll be with the provider on the plan until you decide to switch to a new offer. The good news is that, whenever you do decide to move along, because you’re not on a lock-in contract, you’ll avoid paying annoying exit fees.

Will AGL Essentials & Essentials Plus rates change?

Electricity Contracts

AGL Essentials is the provider’s only fixed rate plan, meaning your usage and supply charges won’t budge for as long as your benefit period implies. Benefit periods are exactly what they sound like, an agreed-upon amount of time that you’ll receive some form of advantage from your energy retailer, whether that be a discount on your power bill or, in this case, fixed rates.

If you’re on AGL Essentials plan, you’ll have the same rates for a year, at which point they are subject to change. However, if you sign up to AGL Essentials Plus, this changes to a 24-month benefit period.

Is AGL Essentials & Essentials Plus available with solar?

AGL generally offers some competitive feed-in tariffs on its standard electricity products, as well as its specific solar deals. The feed-in tariffs available with the AGL Essentials & Essentials Plus plans are as follows:

  • VIC: 12c/kWh
  • NSW: 10.2c/kWh
  • QLD: 8.6c/kWh
  • SA: 14.2c/kWh

Does AGL Essentials & Essentials Plus have GreenPower options?

GreenPower options

With most AGL plans comes the option to add on GreenPower, and the two AGL Essentials products are no exception. You’ll get the option of offsetting a small amount of your usage or large, depending on how much extra money you’re willing to put forth. Here are the options:

  • 10%: $1.10/week
  • 20%: $1.80/week
  • 100%: 5c/kWh

For those confused, the ‘GreenPower’ program is a government-backed initiative which feeds power from accredited renewable energy generators into the grid based on contributions from eco-conscious consumers. Read more on it here. It doesn’t mean you buy green energy, but you’ll be supporting its production.

AGL Essentials & Essentials Plus Fees

The AGL Essentials and Essentials Plus products have no exit fees. That being said, as is the case with almost all electricity plans, it does come with a strew of others:

  • Connection fees
  • Credit card payment fees
  • Late payment fees
  • Reconnection fees
  • Direct debit dishonour fees

Fees can vary considerably between each state, so be sure to check the fine print before you sign up.

Is AGL Essentials/Essentials Plus right for me?

?

Broadly speaking, the AGL Essentials is generally a competitive offer from a ‘big three’ energy retailer, often ranked amongst the cheapest plans in each state in which it’s available. It follows the trend of a slew of retailers jumping on the ‘no discount’ bandwagon, and instead offers lower base usage and supply rates. But what really makes this plan unique is that it comes with fixed rates. With these terms, you’ll have peace of mind knowing your rates won’t go up for at least 12 months. But on that same note, it also means they won’t go down.

Remember that these plans don’t come with lock-in contracts, meaning AGL Essentials has no exit fees, so switching to a new provider, if something better comes up, should be relatively cost effective. And if you’re thinking: ‘Why should i switch?’ the answer is because it pays to keep an eye on the ever-changing electricity market. Start shopping around by following the link below.

Picture credits: Peshkoa/Shutterstock.com, Tusumaru/Shutterstock.com, amophoto_au/Shutterstock.com, Hollygraphic/Shutterstock.com

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