Amaysim Energy Review and Rates

You probably know Amaysim best as a budget mobile phone plan provider, but the once tiny telco has some big plans for the future, including taking over your electricity and gas supply. That’s right, Amaysim is now an energy provider, servicing households across New South Wales, Victoria, South Australia and South East Queensland. In this review, we look closely at what Amaysim has to offer as an electricity retailer, how its plans shape up, and what you can expect to pay for your power.

It’s worth saying that Amaysim already owns an energy company in the shape of Click Energy, but the two brands will operate separately, with their own products and prices. So, what does Amaysim Energy have to offer? Could you get a better deal with Amaysim? Read on for pricing details, or jump into our comparison tool and compare specific quotes from more than 20 retailers right now (depending on where you live).

Amaysim Energy Plans

Amaysim has built a solid reputation in the telco space on competitive prices and great customer service. Is this what consumers can expect from its new energy plans? Amaysim keeps things relatively simple with two standard market offers in each state that it serves. The only difference is that one includes a generous feed-in tariff for solar customers. Amaysim promises simple, transparent and convenient energy plans. All products come with no lock-in contracts and monthly billing, with no “confusing” discounts to be found. This is, however, a bit of a change for Amaysim given that it first launched into energy with some of the biggest electricity and gas discounts around at the time.

Amaysim’s standard electricity market offer is simply called “Electricity As You Go” which seems to reflect the flexible nature of it, given the plan comes with no fixed term agreement or exit fees. Amayaim’s solar-specific offering is called ‘”Solar As You Go” and its natural gas deal is named, yep you guessed it, “Gas As You Go’. The electricity and solar products come with the same basic rates in most areas, the exception being South Australia where customers on the solar plan pay more.

Aside from its ‘traditional’ offerings, Amaysim has also now launched a subscription-based product in Victoria only. With this, customers pick one of three set-price monthly plans based on their specific usage requirements. Read on for further details.

Amaysim Energy Subscription Plan

In addition to its traditional energy plans listed below, Amaysim has also launched a subscription-based product in Victoria. With this, customers choose one of three prepay plans based on their specific usage requirements. Each plan includes a set amount of energy to be used over the month, at a set price. Should households need to purchase more energy, they can simply buy an add-on. Amaysim says this new approach will remove the dreaded bill shock that can come with traditional electricity plans. The three plans are as follows:

  • $80 per month for 200kWh (1-2 people)
  • $120 per month for 320kWh (3-4 people)
  • $160 per month for 440kWh (4-5 people)

Customers can monitor their energy usage via their smart meter and Amaysim’s energy app, providing the flexibility to top-up and roll-over unused power month-to-month.

All three options are available on a no lock-in contract basis, with top-up power available for purchase in the event that households use more than their prepaid allowance.

So, how much can you actually expect to pay with the new Amaysim subscription plan? Well, the key is to find the right product for your energy usage requirements. For the benefit of the estimated price below, we assume typical power consumption for a three-person household on the Citipower network in Melbourne. As such, we have selected the $120 per month plan, designed for 3-4 people. Based on typical usage figures from our database, this household would need to purchase one additional top-up during the year.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo

Amaysim $120 Subscription Plan

  • Includes 320kWh/month
  • Cost of subscription $1,440
  • Additional top-up required $30 (80kWh)
OngoingBenefit Period $1,470.00Annual Cost** Go to Site
View all electricity plans listed on Canstar Blue

Amaysim Energy ‘As You Go’ Pricing

VIC Prices

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 suburb. Annual cost estimates exclude solar payments.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo

Electricity As You Go

  • No conditional discount
OngoingBenefit Period $1,416.65Annual Cost**
Amaysim Energy Logo

Solar As You Go

  • No conditional discount
  • 20c/kWh Feed-in Tariff
  • Available to solar customers only
OngoingBenefit Period $1,416.65Annual Cost**
View all electricity plans listed on Canstar Blue

NSW Prices

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 suburb. Annual cost estimates exclude solar payments.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo
Basic Plan Information

Electricity As You Go

  • No Conditional Discount
OngoingBenefit Period $1,800.10Annual Cost**
Amaysim Energy Logo
Basic Plan Information

Solar As You Go

  • No conditional discount
  • 15c/kWh Feed-in Tariff
  • Available to solar customers only
OngoingBenefit Period $1,800.10Annual Cost**
View all electricity plans listed on Canstar Blue

QLD Prices

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 suburb. Annual cost estimates exclude solar payments.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo
Basic Plan Information

Electricity As You Go

  • No conditional discount
OngoingBenefit Period $1,702.99Annual Cost**
Amaysim Energy Logo
Basic Plan Information

Solar As You Go

  • No conditional discount
  • 14c/kWh Feed-in Tariff
  • Available to solar customers only
OngoingBenefit Period $1,702.99Annual Cost**
View all electricity plans listed on Canstar Blue

SA Prices

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 suburb. Annual cost estimates exclude solar payments. These are sponsored products.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo
Basic Plan Information

Electricity As You Go

  • No conditional discount
OngoingBenefit Period $2,382.65Annual Cost**
Amaysim Energy Logo
Basic Plan Information

Solar As You Go

  • No conditional discount
  • 22c/kWh Feed-in Tariff
  • Available to solar customers only
OngoingBenefit Period $2,475.18Annual Cost**
View all electricity plans listed on Canstar Blue

Amaysim Electricity Rates

So, we know Amaysim Energy claims to keep things simple with no confusing discounts, but what about real costs? We’ve crunched the numbers to offer a guide as to what you can expect to pay. Our calculations below are based on typical three person households in each state. Keep in mind that costs can vary between the distribution networks, so use our electricity comparison tool above for a specific quote in your area. We show rates based on Amaysim’s current live offers in each state.

Amaysim electricity prices VIC

Plan Discount Annual cost Benefit period
Electricity As You Go 0% $1,416.65 Ongoing
Solar As You Go 0% $1,416.65 Ongoing
Standing Offer N/A $1,574.06 N/A

Costs based on annual usage calculations using statistics from the AER for a three person household. Costs based on Citipower network in Melbourne, January 2019.

See how Amaysim Energy compares to other electricity retailers in Victoria with our cost comparison report.

Amaysim electricity prices NSW

Plan Discount Annual cost Important
Electricity As You Go 0% $1,800.10 Basic Plan Information
Solar As You Go 0% $1,800.10 Basic Plan Information
Standing Offer N/A $2,466.22 Basic Plan Information

Costs based on annual usage calculations using statistics from the AER for a three person household. Costs based on Ausgrid network in Sydney, January 2019.

You can review costs from other retailers in the Sydney area with our NSW price comparison report.

Amaysim electricity prices QLD

Plan Discount Annual cost Important
Electricity As You Go 0% $1,702.99 Basic Plan Information
Solar As You Go 0% $1,702.99 Basic Plan Information
Standing Offer N/A $1,957.38 Basic Plan Information

Costs based on annual usage calculations using statistics from the AER for a three person household. Costs based on Energex network in Brisbane, January 2019.

South East Queensland is becoming increasingly competitive. See how Amaysim Energy stacks up compared to other retailers in our cost comparison.

Amaysim electricity prices SA

Plan Discount Annual cost Important
Electricity As You Go 0% $2,382.65 Basic Plan Information
Solar As You Go 0% $2,475.18 Basic Plan Information
Standing Offer N/A $3,094.17 Basic Plan Information

Costs based on annual usage calculations using statistics from the AER for a three person household. Costs based on SA Power network in Adelaide, January 2019.

See how Amaysim Energy compares to other retailers in the Adelaide area with our price comparison page.

Amaysim Energy Solar

Amaysim Energy is one of few mainstream retailers to offer specific deals for solar customers. These solar plans come with some of the biggest feed-in tariffs on the market, but prospective customers should be sure to check the base rates of their plan before deciding on the potential benefit of the solar rebate. Amaysim is similar to Click Energy in that it offers seemingly generous feed-in rates, but these plans may not be the best move for everyone. It will largely depend on how much power you use and how much you export into the grid. Those with large solar systems may be better off than those with smaller systems given they will be exporting more power, but it all comes down to personal circumstances.

Amaysim Energy’s current feed-in tariff rates are as follows:

  • VIC: 20c/kWh
  • NSW: 15c/kWh
  • QLD: 14c/kWh
  • SA: 22c/kWh

While the feed-in tariff in South Australia looks particularly generous, keep in mind that the rates you are charged on the solar plan are higher than the standard electricity plan. This is only the case in SA, not any other state.

Should I switch to Amaysim Energy?

Amaysim looks set to be a competitively-priced energy retailer in most areas, but whether or not it is the right match for you comes down to multiple factors. If you also happen to be a mobile phone customer with Amaysim, you may enjoy the convenience of having one service provider to deal with. Or if you’re a solar customer, you may get good value from Amaysim’s feed-in tariffs, provided the deal meets your usage needs and the amount of power you export.

By offering plans with no conditional discounts, Amaysim is moving in the same direction as several major electricity companies, perhaps given recent scrutiny of the energy industry and how big discounts don’t always mean the big savings they suggest. But in the same vein, no discount plans may not be as competitive as they may suggest, even if the retailer promises “great low rates” etc.

Aside from pricing, Amaysim has a strong record as a provider of good customer service, which is especially important in the often confusing world of energy. Amaysim has consistently topped Canstar Blue’s customer satisfaction ratings for SIM-only providers. However, be sure to shop around and compare rates from a number of retailers before jumping in.

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