DC Power Co Review & Rates

DC Power Co is a crowdfunded electricity and gas retailer catered towards households with solar panels. Available in NSW, VIC and South East QLD, DC Power Co claims to have ‘no vested interest in selling you more [electricity from the grid]’, rather using a monthly subscription model which is the company’s way of putting forth ‘transparent pricing’.

Those with a keen eye might notice that DC Power Co is “provided to you by Powershop Australia,” a well-known ‘carbon neutral’ retailer based in Victoria.

Originally, DC Power Co aimed to get 95,000 investors and rollout in all deregulated areas, but on its website, it attributes its launch to 12,500 Australian investors, allowing it to offer a market plan in the aforementioned states.

DC Power Co makes the bold guarantee that joining its ranks will save you on your power bills, but is that really the case? Canstar Blue looks at everything you need to know about DC Power Co.

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DC Power Co Electricity Prices

We outline the DC Power Co electricity plans in detail below, but what about the prices you can actually expect to pay? Here’s a quick glance.

Victoria

Here are the DC Power Co plans on our database for Victoria. These costs are based on the Citipower network in Melbourne but prices will vary depending on your circumstances. Plans are listed in order of lowest price first. See here for further information on the VDO, which in this comparison assumes general energy usage of 4000kWh/year, meaning that the VDO is $1,334/year. Use our comparison tool for a specific comparison. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Brand Features Price(estimated˜)
DC Power Co LogoEnergy Fact Sheet

Market Offer

No Conditional Discounts

6% MoreThan VDO› $1,408
View all electricity plans listed on Canstar Blue

NSW

Here are the DC Power Co  plans on our database for NSW. These costs are based on the Ausgrid network in Sydney but prices will vary depending on your circumstances. Plans are listed in order of lowest price first. See here for further information on the Reference Price, which in this comparison assumes general usage of 3900kWh/year, meaning the Reference Price is $1,467/year. Use our comparison tool for a specific comparison. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Brand Features Price(estimated**)
DC Power Co LogoBasic Plan Information

Market Offer

No Conditional Discounts

5% MoreThan Reference Price^^ $1,535
View all electricity plans listed on Canstar Blue

Queensland

Here are the DC Power Co plans on our database for SE QLD. These costs are based on the Energex network in Brisbane but prices will vary depending on your circumstances. Plans are listed in order of lowest price first. See here for further information on the Reference Price, which in this comparison assumes general usage of 4600kWh/year, meaning the Reference Price is $1,570/year. Use our comparison tool for a specific comparison. Our database may not cover all deals in your area, and please check retailer websites for up to date information.

Brand Features Price(estimated**)
DC Power Co LogoBasic Plan Information

Market Offer

No Conditional Discounts

22% MoreThan Reference Price^^ $1,910
View all electricity plans listed on Canstar Blue

DC Power Co Plans

DC Power Co currently has one market plan, called its market offer. Customers in Victoria can also go dual fuel and add on gas to the existing plan. As is the way with solar panels, the bigger and more extensive your solar system (and therefore upfront investment), the less energy you’ll need from the grid and the less you’ll ultimately pay for power.

According to the DC Power Co website, a person with 2.5kW solar panels will pay at least $400 more than one with 6kW in all eligible states. However, you’ll be paying for a larger solar system from the get go, so it’s worth crunching the numbers and figuring out how long until you’ll get a return on your investment.

Something worth mentioning is that DC Power Co’s plans aren’t just for those with solar panels, offering the same market offer to those without solar panels, too. Whilst you won’t benefit from the reduction in reliance from the grid or the feed in tariff the retailer is offering, what DC Power Co can give you is access to the plan with the promise of 100% carbon neutral energy.

Whether or not you have solar panels, the providers market offer comes with two tariff options: single rate or time of use. What type of plan will give you the best value will depend on how you use energy in your household. Those who work during the evenings may better from a time of use tariff given that they won’t be using much power when rates are at their highest, but there is no one size fits all answer.

All of the retailer’s plans come with a flat $11 monthly fee, which over the year will set you back a hefty $132. According to DC Power Co, this fee intends to increase transparency, and allows it to offer cost price electricity and advice on optimising your solar system, which includes alerts to when your solar isn’t working properly.

DC Power Co Electricity Rates

See below for more detail on DC Power Co pricing across the states. You’ll see that plans have been compared against the Reference Price and Victorian Default Offer respectively.

DC Power Co Electricity Prices Victoria

In the table below, we show DC Power Co prices on the Citipower network in Melbourne. Plans are listed from the lowest priced estimate first. See here for information on the VDO, which in this comparison assumes general energy usage of 4000kWh/year, meaning the VDO is $1,334/year. Use our comparison tool for a specific comparison in your area.

Electricity Provider Electricity Plan Difference from VDO› Conditional Discounts Price Estimate˜
DC Power Co Market Offer 6% More Than VDO No conditional discounts $1,408
Energy Fact Sheets

˜Price assumes general energy usage of 4000kWh/year. Estimated price includes any conditions discounts that may be available. Pricing based on Citipower network in Melbourne, but prices differ between distribution areas. July 2019.

How does DC Power Co stack up on price in Victoria? Find out with our VIC price comparison page.

DC Power Co Electricity Prices NSW

In the table below, we show DC Power Co 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. Use our comparison tool for a specific comparison in your area.

Electricity Provider Electricity Plan Difference from Reference Price^ Conditional Discounts Price Estimate*
DC Power Co Market Offer 5% More Than Reference Price No conditional discounts $1,535
Basic Plan Information Documents

*Price assumes general energy usage of 3900kWh/year. Estimated price includes any conditions discounts that may be available. Pricing based on Ausgrid network in Sydney, but prices differ between distribution areas. July 2019.

See how DC Power Co compares on price in NSW with our state cost comparison page.

DC Power Co Electricity Prices QLD

In the table below, we show DC Power Co 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. Use our comparison tool for a specific comparison in your area.

Electricity Provider Electricity Plan Difference from Reference Price^ Conditional Discounts Price Estimate*
DC Power Co Market Offer 22% More Than Reference Price No conditional discounts $1,910
Basic Plan Information Documents

*Price assumes general energy usage of 4600Wh/year. Estimated price includes any conditional discounts that may be available. Pricing based on Energex network in Brisbane, but prices will differ between distribution areas. Last updated, July 2019.

How does DC Power Co compare to other retailers in Queensland? See our QLD price comparison page.

DC Power Co Solar

What truly makes DC Power Co stand out is its focus on customers with solar systems. With a 15c/kWh feed-in tariff, DC Power Co is offering a higher rate than most retailers in NSW, VIC or QLD. That’s not to say it’s the highest, though, with some retailers offering dedicated electricity plans with up to 25c/kWh feed in tariffs in these states.

In addition, DC Power Co offers households with solar panels a free solar checkup to make sure their system is working properly, and they are maximising their input, as well as a dedicated app that allows customers to monitor their solar exports, grid and gas usage. In addition, customers can log into the retailer’s website to track the same details and pay bills.

DC Power Co Investing

DC Power Co is largely crowd-funded, and when it first popped up in 2018, it was asking households with or without solar systems to invest $50 into the company. In exchange, it promised better deals for solar customers. The retailer is claiming that by encouraging its customers to be shareholders, it’s aligning itself with their needs. At the time of writing, the DC Power Co website is still displaying an option for investment.

Is DC Power Co right for me?

As DC Power Co is offering a very tailored product, it’s not going to suit everyone. Its plan, quite assuredly, is better value for customers with solar systems, but with the added consideration of the monthly membership fee – in addition to usage rates and the feed-in tariff offered – working out if DC Power Co is the best bet for your needs is no easy challenge.

However, given its extra features, flexible billion options and lack of some regularly seen fees, you might find that the value of the plan stretches further than just what you see on your power bills, especially if the retailer helps you identify how to use your solar panels to their full extent.

If you don’t have a solar system, it doesn’t look like switching to DC Power Co will deliver you the best value, but if you’re comfortable paying a bit more to have your carbon emissions offset by the provider, DC Power Co could be a perfectly reasonable option. But for further reading, we suggest checking out our customer satisfaction ratings for solar providers via the link below.

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Picture credits: Thinnapob Proongsak/Shutterstock.com, Kengi/Shutterstock.com, Alberto Masnovo/Shutterstock.com, changcharu/Shutterstock.com

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