AGL vs Simply Energy: Electricity Cost Comparison

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With so many energy retailers competing for your business, there’s no reason to settle for less when it comes to your electricity and gas plan. In fact, we’ve broken it down and explored two popular energy providers to uncover which one offers the cheapest electricity prices. In the blue corner, it’s heavyweight giant AGL, while in the red corner (or should that be yellow!), it’s rising star Simply Energy climbing the ranks.

Aside from cheap electricity rates, we take a look at the sign-up incentives and other benefits on offer from these retailers in VIC, NSW, QLD and SA. This guide will help you compare the best deals from AGL and Simply Energy currently on our database.

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AGL vs Simply Energy – Cheapest Deals

We’ve compiled the cheapest published deals currently on our database for AGL and Simply Energy across Victoria, New South Wales, Queensland and South Australia, with any conditional discounts factored in. As you’ll see below, there are potentially some notable savings on offer by switching from one provider to the other, depending on where you live.

Victoria – quick comparison

Here are the AGL Energy and Simply Energy plans on our database for Victoria. This table includes a product from a referral partner†. 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. 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.

New South Wales – quick comparison

Here are the AGL Energy and Simply Energy plans on our database for NSW. This table includes products from referral partners†. 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. 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 Simply Energy plans on our database for SE QLD. This table includes products from 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. 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 Simply Energy plans on our database for South Australia. This table includes products from referral partners†. 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. 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.

AGL

AGL is one of Australia’s biggest energy retailers, delivering electricity and gas to millions of customers. AGL has a few market offers, most of which offer attractive usage and supply rates. The retailer also has an incentive program called AGL Rewards, which gives customers exclusive access to discounts at supermarkets and vouchers for cheap cinema tickets, to name just a few. AGL also offers up to 5,000 flybuys points over a 15-month period to customers who make the switch to AGL online.

AGL Products

AGL currently offers three main plans in NSW, QLD, VIC and SA, as listed below:

  • Essentials: The AGL Essentials product has fixed usage and supply rates for 12 months, with no discounts. The product offers up to 5,000 flybuys points over 15 months when you sign-up online. This plan is only available in Victoria.
  • Essentials Plus: Similar to the Essentials plan above, AGL Essentials Plus has fixed rates for 24 months. There’s up to 5,000 flybuys points over 15 months on offer for signing up online, as well as a generous credit off the first bill, plus ongoing credits over the two year benefit period. This plan is only available in NSW, QLD and SA.
  • Essentials Saver: Unlike the fixed rate plans above, AGL’s Essentials Saver is a variable rate plan. Depending on where you live, you may also receive a sign-up credit and up to 5,000 flybuys points over 15 months when signing up online.

AGL Solar

Customers looking for solar-specific plans are in luck with AGL, as the energy provider offers competitive feed-in tariffs. The AGL Solar Savers deal rewards customers with a higher feed-in tariff (15-18c/kWh) over the 24-month benefit period, although it may not be always publicly available. The standard feed-in tariffs for AGL solar customers are:

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

Make sure you take a close look at the fine print, as solar plans often attract higher usage rates than non-solar specific products. Want to learn more about the best solar energy companies in your state? Visit our detailed comparison report.

Simply Energy

Simply Energy is making a name for itself as a serious contender for electricity in NSW, Victoria, Queensland and South Australia. It also provides natural gas to customers in VIC, SA and some areas of NSW. The retailer has made strong headwinds in the energy market by offering sign-up incentives, affordable electricity and gas rates, plus other rewards like movie tickets and bill credits.

Simply Energy Products

There are currently two or three market offers for customers in VIC, NSW, QLD and SA. Depending on which state you live in, each plan may have a different title, as well as energy rates and other features. Below is an example of products Simply Energy offers in Victoria. Make sure you use our comparison tool and input your details for a more accurate range of quotes based on your location.

  • Simply Summer: This plan has competitive usage and supply rates, plus a guaranteed discount off the entire bill.
  • Simply AFL: On this plan, customers will receive a $150 voucher to use at the AFL online store. The voucher should come within four weeks of the supply start date.
  • Simply Gold Class: As the name suggests, customers will receive four Gold Class cinema tickets every year. Instead of discounts, reasonable electricity rates and incentives are what’s on offer here.

There are also other plans available to customers in NSW and SA, called ‘Simply Low Rates’ and ‘Simply Plus Low Rates’ respectively. As the name suggests, low rates are on offer, and customers in SA will also receive a decent anniversary bill credit.

Simply Energy Solar

Simply Energy doesn’t offer any specific products for solar customers, but its standard plans do include some, fairly modest, feed-in tariffs:

  • VIC: 12c/kWh
  • NSW: 8c/kWh
  • QLD: 10c/kWh
  • SA: 15c/kWh

Customers also have access to Simply Energy’s network of solar-related partners who specialise in batteries, solar panels and other systems.

AGL vs Simply Energy: Who’s cheapest in Victoria?

Victorian customers can opt for a no-frills energy plan from AGL, or choose a provider that has an exclusive deal in partnership with a roadside assistance brand. In the table below, we show AGL and Simply Energy prices on the Citipower network in Melbourne. Plans are listed from the lowest priced estimate first. See here for further information on the VDO, which in this comparison assumes general energy usage of 4000kWh/year, meaning the VDO is $1,334/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˜
Simply Energy Simply Summer 12% Less than VDO No conditional discounts $1,173
AGL Essentials Saver 10% Less than VDO No conditional discounts $1,201
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. December 2019.

In this case, Simply Energy’s ‘Summer’ deal takes out the win, ultimately carrying lower rates. Want to compare a broader range of energy plans? Read our Victoria energy price comparison report.

AGL vs Simply Energy: Who’s cheapest in NSW?

In NSW, two plans go neck and neck from AGL and Simply Energy, both carrying similar rates. In the table below, we show AGL and Simply Energy 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 $1,467/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*
Simply Energy Simply NRMA 16% Less Than Reference Price No conditional discounts $1,231
AGL Essentials Saver 13% Less Than Reference Price No conditional discounts $1,276
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. December 2019.

We see Simply Energy’s motoring deal come out on top in NSW. In this case, it might be worth looking further into any value features providers are offering before you make a choice. Looking for more variety when it comes to energy deals? Review our NSW price comparison report for further details.

AGL vs Simply Energy: Who’s cheapest in QLD?

AGL’s flagship product goes up against a plan that gives you an anniversary bill credit in Queensland- but which will take the win? In the table below, we show AGL and Simply Energy 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 $1,570/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*
Simply Energy Simply RACQ 17% Less Than Reference Price No conditional discounts $1,310
AGL Essentials Saver 12% Less Than Reference Price No conditional discounts $1,382
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. December 2019.

In this instance, AGL’s offering trails behind Simply Energy’s cheapest plan, however customers have to a member of RACQ to benefit from the savings. If you live in the south east of the state and want to see what else is on offer, check out our QLD cost comparison report.

AGL vs Simply Energy: Who’s cheapest in SA?

In South Australia, it’s a contest between AGL’s Essentials Plus plan and Simply Energy’s motoring club offer. In the table below, we show AGL and Simply Energy 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 $1,941/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*
Simply Energy Simply RAA 15% Less Than Reference Price No conditional discounts $1,650
AGL Essentials Saver 13% Less Than Reference Price No conditional discounts $1,688
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. December 2019.

Simply Energy works out to be the cheapest deal in this scenario, holding rates that work out much lower than the Reference Price. Despite some electricity plans offering value-add incentives, the cheapest price is often found with lower usage rates. Whether you’re in Adelaide or Victor Harbour, make sure you consider other energy plans in your area by browsing our SA comparison report.

Should I sign up to AGL or Simply Energy?

From the findings in our database, it was a clean sweep for Simply Energy. Although there weren’t very sizable margins in price between the two providers, the AGL Essentials Saver offers an online sign-up credit off the first bill, plus generally low rates. Also remember that AGL customers can collect flybuys points, and the retailer has a rewards program that could deliver some cost benefits on other purchases.

That being said, all of Simply Energy’s plans offer rewards and other incentives that could offer value for customers who like going to the cinemas or are a member of a motoring club. If you are a member of NRMA in NSW, RACQ in QLD, or RAA in SA, you could be pocketing some notable savings with anniversary credits. Again, it’s all about what provides extra value to you personally. You may also want to think about bundling your electricity and natural gas with either retailer, with the exception of Simply Energy in Queensland.

If you’re wanting to expand your options and compare prices from more electricity retailers, don’t forget to use our comparison tool via the link below.

Picture credits: brizmaker/Shutterstock.com

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