Amaysim Energy Review and Rates

You probably know Amaysim best as a mobile phone or home internet 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.

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 has launched with a single market offer for each state, alongside a customary standing offer – a Government-regulated contract that all energy providers are obliged to offer. Amaysim promises simple, transparent and convenient energy plans. They come with no lock-in contracts and monthly billing, with big discounts on offer to entice you over, provided you pay your bills on time and pay by direct debit.

While Amaysim only has one market offer – it comes in three different forms. It calls this Electricity 1, Electricity 2 and Electricity 3. It seems that only one of these products is made available at any one time. What’s the difference you ask? Quite simply, they come with varying conditional discounts, which could make a big difference to your overall power costs. Usage and supply rates with these three products are exactly the same. It’s a similar deal when it comes to natural gas and solar plans. This is important to know, because signing up to the right product at the right time would be a financially savvy move.

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. This is a sponsored product.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo

Electricity 2

  • 35% discount off usage & supply charges for paying on time and by direct debit
OngoingBenefit Period $1,023.14Annual Cost** Go To Site
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. This is a sponsored product.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo

Electricity 2

  • 40% discount off usage & supply charges for paying on time and by direct debit
OngoingBenefit Period $1,479.73Annual Cost** Go To Site
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. This is a sponsored product.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo

Electricity 2

  • 20% discount off usage & supply charges for paying on time and by direct debit
OngoingBenefit Period $1,565.91Annual Cost** Go To Site
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. This is a sponsored product.

Brand Features Benefit Period Annual Cost**
Amaysim Energy Logo

Electricity 3

  • 32% discount off usage & supply charges for paying on time and by direct debit
OngoingBenefit Period $2,104.04Annual Cost** Go To Site
View all electricity plans listed on Canstar Blue

Amaysim Energy Discounts

Here is an overview of what discount each Amaysim Energy product comes with:

Amaysim Electricity 1

  • New South Wales: 35% discount off electricity usage and supply charges
  • South Australia: 28% discount off electricity usage and supply charges
  • Victoria: 31% discount off electricity usage and supply charges
  • Queensland: 15% discount off electricity usage and supply charges

Amaysim Electricity 2

  • New South Wales: 40% discount off electricity usage and supply charges
  • South Australia: 30% discount off electricity usage and supply charges
  • Victoria: 35% discount off electricity usage and supply charges
  • Queensland: 20% discount off electricity usage and supply charges

Amaysim Electricity 3

  • New South Wales: 42% discount off electricity usage and supply charges
  • South Australia: 32% discount off electricity usage and supply charges
  • Victoria: 37% discount off electricity usage and supply charges
  • Queensland: 22% discount off electricity usage and supply charges

It’s not clear how often Amaysim makes each product public, or when, but knowing how its discounts vary can allow you to negotiate should you choose Amaysim as your next electricity provider. Whichever plan you’re signed up to, discounts are ongoing.

Amaysim Gas 1

  • New South Wales: 13% discount off gas usage and supply charges
  • Victoria: 21% discount off gas usage and supply charges

Amaysim Gas 2

  • New South Wales: 15% discount off gas usage and supply charges
  • Victoria: 26% discount off gas usage and supply charges

Amaysim Gas 3

  • New South Wales: 17% discount off gas usage and supply charges
  • Victoria: 28% discount off gas usage and supply charges

Likewise with Amaysim’s electricity plans, it’s not clear how often, or when, each respective gas product is made public.

Amaysim Solar 1

  • New South Wales: 25% discount and 17 cents retailer feed-in tariff
  • South Australia: 28% discount and 20 cents retailer feed-in tariff
  • Victoria: 14% discount and 18 cents retailer feed-in tariff
  • Queensland: 7% discount and 14 cents retailer feed-in tariff

Amaysim Solar 2

  • New South Wales: 28% discount and 17 cents retailer feed-in tariff
  • South Australia: 33% discount and 20 cents retailer feed-in tariff
  • Victoria: 18% discount and 18 cents retailer feed-in tariff
  • Queensland: 15% discount and 14 cents retailer feed-in tariff

Amaysim Solar 4

  • New South Wales: 5% discount and 17 cents retailer feed-in tariff
  • South Australia: 5% discount and 20 cents retailer feed-in tariff
  • Victoria: 5% discount and 18 cents retailer feed-in tariff
  • Queensland: 5% discount and 14 cents retailer feed-in tariff

In addition to its own retailer-funded feed-in tariffs, some customers can also benefit from higher Solar Bonus Scheme tariffs available in their area. Each electricity and solar product is available with different tariffs. Price fact sheets can be found here.

What else is on offer?

In addition to big discounts and the promise of great customer service, Amaysim’s big selling point is that customers will be able to manage all of their accounts (including mobile and internet) via one online platform.

Amaysim says its aim is to “cut through the unnecessary complexity of choosing an energy provider and empower customers to get on with living their lives”.

It is certainly trying hard to attract you over, offering $250 energy account credit or $120 off mobile bills when you sign up. Please note that this promotion may not always be available.

Amaysim Electricity Rates

So, we know Amaysim Energy offers big discounts, but how do these translate to 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. Remember that signing up to a different one will result in different costs.

Amaysim electricity prices VIC

Plan Discount Annual cost
Electricity 2 35% $1,023.14
Standing Offer N/A $1,574.06

Costs based on annual usage calculations using statistics from the AER for a three person household. Costs based on Citipower network in Melbourne, August 2018.

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

Amaysim electricity prices NSW

Plan Discount Annual cost
Electricity 2 40% $1,479.73
Standing Offer N/A $2,466.22

Costs based on annual usage calculations using statistics from the AER for a three person household. Costs based on Ausgrid network in Sydney, August 2018.

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
Electricity 2 20% $1,565.91
Standing Offer N/A $1,957.38

Costs based on annual usage calculations using statistics from the AER for a three person household. Costs based on Energex network in Brisbane, August 2018.

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

Amaysim electricity prices SA

Plan Discount Annual cost
Electricity 3 32% $2,165.92
Standing Offer N/A $3,094.17

Costs based on annual usage calculations using statistics from the AER for a three person household. Costs based on SA Power network in Adelaide, August 2018.

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

Should I switch to Amaysim Energy?

Amaysim looks set to be a competitively-priced energy retailer in most areas, but like with most other power companies, the cheapest deals are only available if you pay your bills on time. Failure to do so will mean you’ll be left paying a much higher price for your power. Consider whether or not you are prone to missing the occasional bill when deciding if Amaysim Energy is right for you.

By offering three different versions of its electricity and gas market offers, Amaysim could be accused of making things overly complicated. However, knowing how the retailer operates is the key to getting the best deal possible, so be sure to think carefully about which product you’re signing up to, as it will impact how much you pay.

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. You could also benefit from the convenience of paying all your bills (phone and internet included) through the same company. However, be sure to shop around and compare rates from a number of retailers before jumping in.

Compare Electricity Plans

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