Default energy offers in Victoria for residential and small business customers are set to become cheaper from January 2021 thanks to falling wholesale electricity prices.
Victoria’s energy regulator has released a decision stating that the Victorian …
One of Australia’s leading energy providers has launched a carbon neutral program for gas, so Aussies can now enjoy using stove top burners while doing their part for the environment.
AGL has announced that its Climate …
If being conscious of your environmental footprint and living your life more sustainably are some of your personal mantras, you’ve come to the right place. It’s no secret that Australia’s energy grid is fueled primarily …
$100 is up for grabs from one of Australia’s challenger energy brands for customers who refer a friend or family member, plus they’ll go into the draw to win an additional $264 bill credit.
Powershop is …
Aussie-owned retailer Momentum Energy has washed ashore in sunny Queensland, bringing its competitive flagship offers as well as a sizzling new solar deal.
Solar Step-Up is offering customers a generous 13.5c/kWh feed-in tariff (FiT) which is …
Origin has been ordered to pay $120,000 in penalties by the energy regulator after customers were wrongfully disconnected.
It is alleged that an IT system error led Origin Energy to cut power to customers who had …
*QLD, SA and NSW: Price is GST inclusive and is: The estimated lowest possible price a representative customer would be charged in a year for this plan, assuming all conditions of discounts offered (if any) have been met, based on the AER’s model annual usage in the distribution region as stated at the top of each table.
~VIC: Price is GST inclusive and is: The estimated lowest possible price a customer would be charged in a year for this plan, using the Victorian Government’s annual reference consumption for domestic customers in your distribution region as stated at the top of each table and assuming all conditions of discounts offered (if any) have been met.
Some plans may require you to meet certain conditions before a discount may become available to you. Check the energy provider’s plan information for details of all possible discounts that may apply and any conditions that need to be met to be eligible for these discounts. Some plans may have a minimum term longer than one year. In that case the total cost over the term will be much higher than the Price (which is only for one year). Consider the provider’s detailed product and pricing information before making a decision to take out a new plan or switch electricity providers.
^What is the Reference Price?
Reference Price: The reference price is set by the Australian Energy Regulator (AER) for a financial year in relation to electricity supply to residential customers in the distribution region and is based on an assumed annual usage amount. Any difference between the reference price and the unconditional price of a plan is expressed as a percentage more or less than the reference price. The terms of any conditional discounts are shown, along with any further difference between the reference price and the discount applied if a condition is met, expressed as a percentage more or less than the reference price.
>What is the VDO?
VDO: The Victorian Default Offer (VDO) includes a daily supply charge and usage charges (per kilowatt hour). Differences in tariffs across distribution regions reflect the unique costs of providing electricity services in each area. The difference between the VDO and the unconditional price of a plan, based on the Victorian Government’s annual reference consumption for domestic customers in the distribution region, is expressed as a percentage more or less than the VDO. The terms of any conditional discounts are shown, along with any further difference between the VDO and the discount applied if a condition is met, expressed as a percentage more or less than the VDO.
ACT: Costs based on annual household usage of 5499kWh/year on the EvoEnergy network in Canberra, September 2020. For more information on annual cost calculations please click here.
TAS: Costs based on annual household usage of 6775kWh/year on the TasNetworks electricity network in Tasmania, September 2020. For more information on annual cost calculations please click here.
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Annual cost estimates exclude solar payments. Feed-in tariffs shown are single rate only.
Solar products may only be available to solar customers and some products may only be available to customers who purchase solar PV or other products through the retailer.