AGL vs EnergyAustralia: Electricity Cost Comparison

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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 Queensland.

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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.

Victoria – quick comparison

Here are the AGL Energy 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.

NSW – quick comparison

Here are the AGL Energy 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.

Queensland – quick comparison

Here are the AGL Energy and EnergyAustralia plans on our database for SE QLD. 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.

South Australia – quick comparison

Here are the AGL Energy 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.

Victoria

AGL and EnergyAustralia both offer multiple plans to Victorian residents with varying rates and discounts depending on your electricity distributor. EnergyAustralia’s plans include the Total Plan, No Frills and Basic Home plans. The first two are fixed rate contracts, meaning energy charges are set for 12 months, while the third is a variable rate plan with no discounts.

  • Total Plan: This is a fixed rate plan with a one-year benefit period that gives customers a modest discount off usage and supply charges.
  • No Frills: Stepping away from discounts, this plan also has fixed rates for 12 months, however customers must sign up for direct debit and email correspondence. Like all three EnergyAustralia plans in Victoria, they have no exit fees, which is great for those looking to shop around once the 12 month benefit period has lapsed.
  • Basic 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.

AGL’s market offers in Victoria are named the ‘Essentials’ and ‘Essentials Saver’ plans. AGL provides flexible billing options on most plans.

  • Essentials Saver: The Essentials Saver is a variable rate plan with no confusing discounts. There are no exit fees and customers who sign up online will receive up to 5,000 flybuys points over 15 months when signing up online, plus have access to AGL’s rewards program.
  • Essentials: This product is similar to the Essentials Saver plan above, but comes with locked in usage and supply rates for 12 months. There are also up to 5,000 flybuys points to claim over 15 months for signing up online.

Who is cheapest in Victoria?

In the table below, we show AGL and EnergyAustralia prices on the Citipower network in Melbourne. Plans are listed from the lowest priced estimate first. See here for information on the VDO, which in this comparison assumes general energy usage of 4000kWh/year, meaning the VDO is $1,420/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.

Electricity Provider Electricity Plan Difference from VDO› Conditional Discounts Price Estimate˜
EnergyAustralia Total Plan Home 11% Less Than VDO No conditional discounts $1,263
AGL Essentials 11% Less Than VDO No conditional discounts $1,264
Energy Fact Sheets

~Price assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Estimated price includes any conditions discounts that may be available. Pricing based on Citipower network in Melbourne, but prices will differ between distribution areas. August 2020.

The Total Plan Home from EnergyAustralia currently works out slightly cheaper than AGL’s cheapest deal, Essentials. To see how these two providers compare to others in the market, check out our Cost Comparison Report for Victoria.

New South Wales

AGL and EnergyAustralia each have a few plans for Sydney and New South Wales customers. The contract terms are similar to those in Victoria, though rates and conditions can vary. Here is how EnergyAustralia lines up:

  • Total Plan: This is a fixed rate plan that comes to a generous amount less than the Reference Price for 12 months. This is due to its ‘guaranteed electricity discount’.
  • No Frills: EnergyAustralia’s No Frills plan has fixed rates for one year but does not have a discount. Instead, it offers competitive usage and supply rates, however customers will need to sign up for direct debit and e-billing.
  • Basic Home: The Basic Home product is a variable rate contract with an ongoing benefit period. This plan complies with the Reference Price in NSW and would be an option for those not really engaged in the energy market.

AGL’s New South Wales residential electricity plans are similar to those offered in Victoria, with the only considerable change being the difference in rates and sign-up incentives. NSW customers may receive a generous amount of flybuys points when signing up online.

  • Essentials Saver: The Essentials Saver is AGL’s variable rate plan that gives customers modest savings when compared to the reference price. The Essentials Saver gives you up to 5,000 flybuys points over 15 months for signing up online. This plan has a 12 month benefit period.
  • Essentials: The Essentials Plus comes with the same features as the standard Essentials Saver product, however comes with rates locked in for 12 months. It also has access to flybuys points for those who sign up online.

Who is cheapest in New South Wales?

In the table below, we show AGL and EnergyAustralia prices on the Ausgrid network in Sydney. Plans are listed from the lowest priced estimate first. See here for information on the AER Reference Price, which in this comparison assumes general energy usage of 3900kWh/year, meaning the Reference Price is $1,462/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.

Electricity Provider Electricity Plan Difference from Reference Price^ Conditional Discounts Price Estimate*
AGL Essentials 17% Less Than Reference Price No conditional discounts $1,213
EnergyAustralia Total Plan Home 17% Less Than Reference Price No conditional discounts $1,213
Basic Plan Information Documents

*Price assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Estimated price includes any conditions discounts that may be available. Pricing based on Ausgrid network in Sydney, but prices differ between distribution areas. August 2020.

In New South Wales, the two retailers have similarly priced plans, with AGL and EnergyAustralia going neck and neck. However, see how these providers compare with others in the Sydney area with our NSW Cost Comparison report.

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Queensland

AGL and EnergyAustralia keep it relatively consistent in South-East Queensland, bringing their basic suite of products to the market. For EnergyAustralia, these are:

  • Total Plan: The Total Plan comes with fixed rates for 12 months, as well as decent savings when compared to the Reference Price.
  • No Frills: This product has fixed rates for one year, meaning your usage and supply charges won’t change during the 12 month benefit period. Like the name suggests, it has no discounts, focusing more on competitive electricity rates. Customers will need to sign up to email correspondence and direct debit with the No Frills plan.
  • Basic Home: This is a variable rate plan with an ongoing benefit period. The Basic Home has no discounts, but also has no exit fees or late payment fees, making it reasonable for customers who aren’t actively engaged in the market.

AGL offers the same plans in Queensland as it does in other areas. Customers who sign up online to any of the below plans could also receive a decent online credit on their first bill.

  • Essentials Saver: The Essentials Saver plan offers variable rates, meaning customers will have to be wary about prices changing. The plan also includes up to 5,000 flybuys points over 15 months and a credit off their first bill for those who sign up online.
  • Essentials: This plan offers a lot of additional value for customers who sign up online, as they can take advantage of up to 5,000 flybuys points over 15 months. In addition to these features, the Essentials plan comes with fixed rates for 12 months.

Who is cheapest in Queensland?

In the table below, we show AGL and EnergyAustralia prices on the Energex network in Brisbane. Plans are listed from the lowest priced estimate first. See here for information on the AER Reference Price, which in this comparison assumes general energy usage of 4600kWh/year, meaning the Reference Price is $1,508/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.

Electricity Provider Electricity Plan Difference from Reference Price^ Conditional Discounts Price Estimate*
EnergyAustralia No Frills 13% Less Than Reference Price No conditional discounts $1,305
AGL Essentials 12% Less Than Reference Price No conditional discounts $1,326
Basic Plan Information Documents

*Price assumes general energy usage of 4600Wh/year for a residential customer on a single rate tariff. Estimated price includes any conditional discounts that may be available. Pricing based on Energex network in Brisbane, but prices will differ between distribution areas. August 2020.

There’s only a small margin separating AGL and EnergyAustralia in Queensland, with both retailers offering decent savings off the Reference Price. But how do these retailers compare to others in SE Queensland? Find out with our QLD Cost Comparison report.

South Australia

South Australians unfortunately face the highest electricity rates in the country, however those who sign up to the right plan can still make some notable savings. EnergyAustralia offers the same fixed and variable rate deals in SA as it does in other states, but be sure to check the specifics before signing up.

  • Total Plan: EnergyAustralia’s Total Plan has fixed rates for 12 months, along with a guaranteed discount off electricity usage and supply charges.
  • No Frills: This plan offers fixed rates for one year, as well as no exit fees. Customers will have to sign up for email billing and make payments via direct debit.
  • Basic Home: This product is a variable rate plan with an ongoing benefit period and has no discounts. The Basic Home isn’t exactly a competitive offer, with standard rates and no gimmicks or customer rewards.

AGL keeps most of electricity offers available for South Australia customers, with the differences being their value-adds and rewards. AGL customers should look out for any online sign-up credits available

  • Essentials Saver: AGL Essentials Saver is a variable rate contract that has a $25 online sign-up credit. Customers who sign up online can also receive up to 5,000 flybuys points over 15 months.
  • Essentials: Unlike the Essentials Saver plan above, Essentials lets customers lock in rates for 12 months. This fixed rate plan also gives customers up to 5,000 flybuys points over 15 months for signing up online.

Who is cheapest in South Australia?

In the table below, we show AGL and EnergyAustralia prices on the SA Power network in Adelaide. Plans are listed from the lowest priced estimate first. See here for information on the AER Reference Price, which in this comparison assumes general energy usage of 4000kWh/year, meaning the Reference Price is $1,832/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.

Electricity Provider Electricity Plan Difference from Reference Price^ Conditional Discounts Price Estimate*
AGL Essentials 14% Less Than Reference Price No conditional discounts $1,575
EnergyAustralia No Frills 6% Less Than Reference Price No conditional discounts $1,722
Basic Plan Information Documents

*Price assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Estimated price includes any conditions discounts that may be available. Pricing based on SA Power network in Adelaide, but prices differ between distribution areas. August 2020.

In this instance, AGL’s Essentials works out fairly cheaper than EnergyAustralia’s Total Plan Home product, however it’s important to compare a wide range of plans in your area. See how AGL and EnergyAustralia compare to other retailers with our Cost Comparison report for SA.

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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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