AGL Energy Review and Rates

Integrated energy company AGL is one of Australia’s oldest companies, originally established as the ‘Australian Gas Light Company’ to bring power to Sydney in 1837 – hence the ‘AGL’ acronym. It’s now one of the biggest energy retailers in the country, with millions of gas and electricity customers.

Operating primarily in Queensland, New South Wales, Victoria and South Australia, AGL provides its customers with a wide range of electricity and gas services. It has also recently launched in the WA gas market.

“Drawing on over 175 years of experience, AGL serves its customers throughout eastern Australia with meeting their energy requirements, including gas, electricity, and related products and services,” AGL states of its energy services. “AGL has a diverse power generation portfolio, including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources, including hydro, wind, solar, landfill gas and biomass.”

AGL also claims to be “the largest ASX-listed owner, operator and developer of renewable energy generation in the country”.

In this review, Canstar Blue will examine AGL’s electricity plans, rates, discounts and incentives, showing what you can expect to pay if you sign up with the retailer.

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AGL Energy Plans

AGL offers a range of plans for both residential and business customers (providing services for small and medium to large businesses), with customers able to sign up online or by calling the AGL customer service line.

AGL offers discounts off usage charges across most of its plans to customers who pay their bills on time or opt for direct debit payment. In some states, AGL will also give new customers a $25-$50 credit if they sign up online.

Customers additionally have the choice of adding one of AGL’s Green Choice products to their electricity plan, with AGL sourcing power equal to 10, 20 or 100 per cent of their entire household electricity consumption from renewable energy sources, approved under the GreenPower voluntary government accredited program.

AGL’s residential market offer energy plans, which vary state by state, include:

  • AGL Savers: A variable rate plan providing customers with a pay on time discount for 12 months off usage charges (the percentage of which varies state by state but can be as high as 33%).
  • AGL Savers Home Connect: This product is similar to the Savers plan but typically includes a slightly smaller discount. However, it makes up for this with the value add of an Amazon Echo Dot smart home device and the guaranteed discount off usage charges runs for two years rather than just one.
  • AGL Everyday: On the face of it, this plan offers the smallest discount, but unlike most other AGL products, the Everyday product discount applies to both energy usage and supply charges. In addition, the discount is guaranteed – you won’t lose your discount for paying bills a little late. The plan is currently not available to residential customers, but may be offered to SME customers.
  • AGL Set and Forget: A variable rate plan providing customers with a direct debit discount off usage charges for 12 months (the percentage of which varies state by state). This plan is not available in all states.
  • AGL Essentials: This plan comes with fixed rates, but with no discounts. There are no exit fees if you cancel the contract early. It’s now available in most areas. There is also a ‘Plus’ version of this product offering bonus credit every six months (which varies between states) over two years.
  • AGL Prepaid: AGL now gives customers in Victoria the opportunity to pay for power in advance, with greater savings on other depending on how much you spend in advance. For example, customers who pay $50 upfront will receive bonus credit of $10. See here for more details.
  • Solar Savers: This is AGL’s specific solar product, currently available across each of the states that AGL sells electricity. While it does not include any discount off AGL’s standard pricing, it comes with a generous feed-in tariff of 20c/kWh.
  • Melbourne Victory: The Melbourne Victory was introduced in 2018 in some states. This deal is exclusive to Melbourne Victory FC season members and rewards customers with competitive rates and a large discount.
  • AGL Seniors: AGL is perhaps the most notable retailer when it comes to specific energy plans for seniors. In this case, AGL simply applies a higher discount to its Savers plan and calls the deal the AGL Savers Seniors. AGL has also previously offered a Seniors Plus plan will ongoing bill credit rather than discounts.

These plans are consistent for both electricity and gas supply, although conditional discounts can vary significantly and are known to change frequently.

Most AGL market contracts have a 12 or 24 month benefit period, after which the discount may be lost. AGL may contact you to advise of new discounts or benefits that will subsequently apply. AGL also offers standing offer contracts in each state it services, but these plans have no discounts and are usually more expensive than market offers.

A range of different tariff options are available for each of the aforementioned plans (depending on where you live and your meter type), including single rate, two rate, time of use, demand and flexible pricing. Unless you have a smart meter installed at your property, you will only have access to single rate tariffs. However, these still include controlled loads.

AGL Electricity Prices

We’ve outlined AGL’s electricity plans, but what about the specific prices you can expect to pay? Based on typical energy usage statistics for three-person households in each state, the tables below show estimated annual costs for AGL’s current published electricity products. Prices will vary depending on your circumstances. Use our comparison tool above for a specific comparison in your area.

Victoria

Here are the current prices on our database for a typical three person household on the Citipower network in Melbourne. Use our comparison tool for a specific quote in your area. These are sponsored products.

Brand Features Benefit Period Annual Cost**
AGL Logo

Essentials Plus

  • No conditional discount
2 YearsBenefit Period $1,194.94Annual Cost**
AGL Logo

Savers

  • 30% pay on time discount off usage charge
1 YearBenefit Period $1,253.63Annual Cost**
AGL Logo

Savers Home Connect

  • 16% guaranteed discount off usage charge
2 YearsBenefit Period $1,412.64Annual Cost**
AGL Logo

Solar Savers

  • No conditional discount
  • 20c/kWh feed-in tariff
2 YearsBenefit Period $1,594.37Annual Cost**
View all electricity plans listed on Canstar Blue

NSW

Here are the current prices on our database for a typical three person household on the Ausgrid network in Sydney. Use our comparison tool for a specific quote in your area. These are sponsored products.

Brand Features Benefit Period Annual Cost**
AGL Logo
Basic Plan Information

Essentials Plus

  • No conditional discount
2 YearsBenefit Period $1,536.61Annual Cost**
AGL Logo
Basic Plan Information

Savers

  • 23% pay on time discount off usage charge
1 YearBenefit Period $1,560.58Annual Cost**
AGL Logo
Basic Plan Information

Savers Home Connect

  • 14% guaranteed discount off usage charge
2 YearsBenefit Period $1,703.45Annual Cost**
AGL Logo
Basic Plan Information

Solar Savers

  • No conditional discount
  • 20c/kWh feed-in tariff
2 YearsBenefit Period $1,925.71Annual Cost**
View all electricity plans listed on Canstar Blue

Queensland

Here are the current prices on our database for a typical three person household on the Energex network in Brisbane. Use our comparison tool for a specific quote in your area. These are sponsored products.

Brand Features Benefit Period Annual Cost**
AGL Logo
Basic Plan Information

Essentials Plus

  • No conditional discount
2 YearsBenefit Period $1,441.08Annual Cost**
AGL Logo
Basic Plan Information

Savers

  • 24% pay on time discount off usage charge
1 YearBenefit Period $1,468.61Annual Cost**
AGL Logo
Basic Plan Information

Savers Home Connect

  • 12% pay on time discount off usage charge
2 YearBenefit Period $1,637.57Annual Cost**
AGL Logo
Basic Plan Information

Solar Savers

  • No conditional discount
  • 20c/kWh feed-in tariff
2 YearsBenefit Period $1,806.52Annual Cost**
View all electricity plans listed on Canstar Blue

South Australia

Here are the current prices on our database for a typical three person household on the SA Power network in Adelaide. Use our comparison tool for a specific quote in your area. These are sponsored products.

Brand Features Benefit Period Annual Cost**
AGL Logo
Basic Plan Information

Essentials Plus

  • No conditional discount
2 YearsBenefit Period $2,161.32Annual Cost**
AGL Logo
Basic Plan Information

Savers

  • 13% pay on time discount off usage charge
1 YearBenefit Period $2,187.21Annual Cost**
AGL Logo
Basic Plan Information

Savers Home Connect

  • 7% guaranteed discount off usage charge
2 YearsBenefit Period $2,321.41Annual Cost**
AGL Logo
Basic Plan Information

Solar Savers

  • No conditional discount
  • 20c/kWh feed-in tariff
2 YearsBenefit Period $2,470.99Annual Cost**
View all electricity plans listed on Canstar Blue

AGL Electricity Rates

AGL is generally a competitively-priced electricity retailer, often with some of the biggest discounts on offer in each state. However, consumers should be aware that big discounts do not always result in the cheapest overall prices. Be sure to pay close attention to which plans are available in your area, because the cheapest product in one state may not be the best bet in another state. It’s important to compare rates in energy price factsheets to make sure a large discount isn’t just masking increased rates.

To offer a guide as to where AGL sits among the cheapest energy companies in your state, Canstar Blue regularly compares electricity plans to show what households can expect to pay. The following annual costs for AGL are based on single rate tariffs and average energy consumption figures for three person households based on selected postcodes in each state. We show plans that are currently publicly available.

AGL Electricity Prices Victoria

Electricity Plan Discount Annual cost Benefit period
Essentials Plus 0% $1,194.94 2 years
Savers 30% $1,253.63 1 year
Savers Home Connect 16% $1,412.64 2 years
Solar Savers 0% $1,594.37 2 years
Standing Offer N/A $1,594.37 N/A
Costs based on annual usage calculations based on statistics from the AER for a three person household. Costs based on Citipower network as of May 2019.

These costs are for households on the Citipower network in Melbourne. Prices on other distribution networks in Victoria may differ. You can see how AGL compares to other retailers in the state with our electricity cost comparison report for Victoria.

AGL Electricity Prices NSW

Electricity Plan Discount Annual cost Important
Essentials Plus 0% $1,536.61 Basic Plan Information
Savers 23% $1,560.58 Basic Plan Information
Savers Home Connect 14% $1,703.45 Basic Plan Information
Solar Savers 0% $1,925.71 Basic Plan Information
Standing Offer N/A $1,925.71 Basic Plan Information
Costs based on annual usage calculations based on statistics from the AER for a three person household. Costs based on Ausgrid network as of May 2019.

These costs are for households on the Ausgrid network covering parts of Sydney and northern NSW. Prices for other distribution networks in NSW may differ. Find out how AGL compares to other energy retailers in the state with our NSW electricity cost comparison report.

AGL Electricity Prices QLD

Electricity Plan Discount Annual cost Important
Essentials Plus 0% $1,441.08 Basic Plan Information
Savers 24% $1,468.61 Basic Plan Information
Savers Home Connect 12% $1,637.57 Basic Plan Information
Solar Savers 0% $1,806.52 Basic Plan Information
Standing Offer N/A $1,806.52 Basic Plan Information
Costs based on annual usage calculations based on statistics from the AER for a three person household. Costs based on Energex network as of May 2019.

These costs are based on the Energex network covering all of Brisbane and South East Queensland. Households in regional Queensland are only supplied by Ergon Energy. See how AGL compares to other electricity retailers in SE Queensland with our cost comparison report.

AGL Electricity Prices SA

Electricity Plan Discount Annual cost Important
Essentials Plus 0% $2,161.32 Basic Plan Information
Savers 13% $2,187.21 Basic Plan Information
Savers Home Connect 7% $2,321.41 Basic Plan Information
Standing Offer N/A $2,464.24 Basic Plan Information
Solar Savers 0% $2,470.99 Basic Plan Information
Costs based on annual usage calculations based on statistics from the AER for a three person household. Costs based on SA Power network as of May 2019.

These costs apply to households right across Adelaide and South Australia. Find out how AGL compares to other providers with our SA cost comparison report.

Solar Power with AGL

AGL Solar ended its residential installation service in 2018, however AGL says it still continues to help customers get started with solar and battery storage through third-party partners.

Residential customers in Queensland, New South Wales, Victoria and South Australia who already have solar can sign up to AGL’s Solar Savers deal. This deal rewards solar customers with a whopping 20c/kWh feed-in tariff for a 24 month benefit period. Better yet, you’re not locked in with this contract, so there’s little risk if you give this deal a try and decide it’s not for you. AGL also offers a smaller feed-in tariff on its non-smaller products between 10.6c/kWh and 16.c/kWh, depending on your state. You can read our full review of AGL solar here.

AGL Natural Gas

As the ‘Australian Gas Lighting’ company, AGL is arguably one of the oldest and most experienced gas dealers in Australia. AGL sells natural gas across the country, offering a suite of different products with large discounts and competitive rates. AGL’s residential gas plans include:

  • AGL Savers
  • AGL Set and Forget
  • AGL Everyday
  • AGL Essentials
  • AGL Freedom
  • AGL Fixed Rate

AGL Set and Forget (natural gas)

The Set and Forget was previously AGL’s flagship offer, however it is no longer available in states outside WA, at least for now. It has variable rates, no exit fees and a large discount on usage charges for customers who pay using direct debit. This deal is available with a 12 month benefit term, after which customers are reverted to a standard plan unless they recontract. The discounts that were most recently on offer with this product are displayed below.

State NSW QLD ViC SA WA
Discount 20% 12% 19% 9% 38%

AGL Savers (natural gas)

AGL Savers rewards customers who pay their bills on time with a discount off gas usage charges, between 5% and 33% depending on where you live. Once again this plan has variable rates and a 12 month benefit period. Customers also have access to a range of billing options and AGL Rewards (depending on your state).

State NSW QLD VIC SA WA
Discount 17% 5% 20% 9% 36%

AGL Everyday (natural gas)

The AGL Everyday comes with a small guaranteed discount off both usage and supply charges, making it the ideal plan if you often forget to pay your bill on time and you’re uncomfortable with direct debit. This deal has a one year benefit period, a variable rate, flexible billing options and access to AGL Rewards (depending on your state). This product may not currently be available.

State NSW QLD VIC SA WA
Discount 6% 5% 15% 4%

AGL Essentials (natural gas)

This is a fixed rate plan, meaning gas prices won’t increase for the one year life of the contract. Customers on AGL Essentials must agree to eBilling and paying via direct debit. This deal is only available to Victorian residents.

AGL Freedom (natural gas)

As the name suggests, AGL’s Freedom deal gives customers the flexibility to come and go with no contract terms or exit fees. Rates are not fixed however and the deal does not include discounts, so some customers might find that this is not AGL’s cheapest deal. The AGL Freedom is available across all states where AGL retails gas.

AGL Fixed rate (natural gas)

Natural gas customers on this plan have their usage and supply rates fixed for two years. This means that gas prices won’t increase for the life of the contract, helping customers save by sheltering them from rising gas prices. Unlike most fixed rate contracts, AGL won’t lock you in with exit fees. This product is only available in Western Australia.

AGL Rewards

AGL customers can join the AGL Rewards program, comprising special offers, discounts and benefits at over 1,600 participating businesses nationally, including discounts on a range of popular gift cards, as well as discounted movie tickets, up to 50% off at selected restaurants, discounted travel and accommodation, and reduces prices for certain attractions and theme parks.

AGL also provides its customers the opportunity to collect flybuys shopping rewards program points via a number of different offers. By signing up online, new customers can earn 10,000 bonus points straight away.

Billing Options

In terms of invoice payments, AGL offers a range of options, with customers able to pay via the AGL website by either credit card or PayPal, by direct debit, BPay, Post Billpay, or in person at Australia Post offices, and via post by cheque or money order.

AGL’s Bill Smoothing provides for the estimated total cost of a customer’s energy bills for the next year to be spread across equal monthly or fortnightly instalments, with weekly instalments also potentially available for direct debit customers.

Helpful Tools

AGL provides a range of tools for account management, with AGL Energy Online allowing customers to view and monitor their energy usage and bill details, pay their bills, receive bills via email, update personal details and organise a home or small business move. Customers can also manage their account via the AGL Energy app.

My AGL IQ, meanwhile, provides for customers to monitor and manage energy usage, track how much energy is being used, compare energy usage to similar homes (residential accounts only), build a personal energy-saving action plan, complete a home profile to receive more targeted energy saving advice and tips, and set goals and track performance against them.

Is AGL right for me?

As one of Australia’s largest energy companies, AGL is well-resourced to deliver competitive rates and a quality service to its customers. While AGL is not always the cheapest, it is one of few energy retailers with a rewards program and 24/7 phone support, which may provide additional ‘value’ depending on what kind of retailer you’re looking for. Also be aware that AGL’s cheapest deals are typically only available because of large conditional discounts with 12 month benefit periods. If you want to remain with AGL long-term, you may need to make the occasional phone call to ensure you’re still getting its cheapest offer.

AGL can probably be considered a safe bet for anyone wanting a reliable and well-rounded energy service, however, you will probably need to shop around if you’re looking for the cheapest electricity deal possible.

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How do customers rate AGL?

In 2019, electricity customers in New South Wales gave AGL 4 out of 5 stars for overall satisfaction in our customer ratings report.

AGL Electricity NSW

Canstar Blue
Rating:
Award: Overall Satisfaction

Facts about AGL

  • Headquarters in North Sydney, Australia
  • Has over 3.6 million customers
  • Founded in 2006, dates back to 1837 as The Australian Gas Light Company
  • Retails electricity, natural gas and solar
  • ASX listed, meaning ownership is mixed among shareholders
  • Operates in NSW, VIC, QLD and SA. Gas-only in WA.
  • Committed to exiting coal-fired electricity generation by 2050

This information has been sourced from the AGL website.

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