Discover Energy Review and Rates

Discover Energy is a new energy retailer that emerged amidst sweeping changes to the energy retail market in July 2019, coming forth with bold claims that it “puts green at the forefront of [its] business”. This retailer offers plans in NSW, Victoria, QLD and SA, with its website also stating that it’s 100% Australian-owned and run by innovators and IT geeks – disrupting the traditional energy supply chain.

Read on as we review Discover Energy’s plans, what you need to know about the retailer, and how much you can expect to pay.

Discover Energy Prices

We’ll dive into the finer details of Discover Energy below, but here’s a quick glance at the prices you can expect to pay with this retailer.

New South Wales

Here are the Discover Energy plans on our database for NSW. Costs are based on the Ausgrid network in Sydney but prices may vary depending on your circumstances. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Victoria

Here are the Discover Energy plans on our database for Victoria. Costs based on the Citipower network in Melbourne but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Queensland

Here are the Discover Energy plans on our database for SE QLD. Costs based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

South Australia

Here are the Discover Energy plans on our database for SA. Costs are based on the SA Power network in Adelaide but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Discover Energy Plans

Discover Energy is available in NSW, Victoria, QLD and SA, bringing three to four market products and one plan called its ‘Standing Offer’, roughly equal to the Reference Price or Victorian Default Offer in each state.

The Smart Saver, Discover Energy’s most competitive market plan, comes with a guaranteed discount off electricity usage charges for an ongoing benefit period. Depending on where you live, the guaranteed discount sits at 12-23%. What this means is that no matter how or when you choose to pay your bills, you’ll still receive the guaranteed discount. The ‘Smart Saver’ from Discover Energy is a variable rate product that comes with options for time of use and controlled load tariffs.

On these plans, customers will choose between having quarterly or monthly billing, with bills to be paid by credit card or direct debit. Paying bills or changing details can be managed either through the retailer’s online portal or mobile app.

Discover Energy also offers online-only market offers called the ‘Ultimate Saver’ and ‘Easy Saver’. These plans offer low variable rates, with no exit-fees or lock-in contracts. Like Discover Energy’s other offers, these online plans also come with a guaranteed discount, varying between 10-20 per cent, depending on where you live. Both plans require customers to sign-up to e-billing and direct debit/credit card payments, however, both plans aren’t available in all networks.

This retailer also requires all customers to sign up to eBilling and eCorrespondence in order to be eligible to sign up.

Discover Energy Electricity Prices

Discover Energy may be a smaller retailer but it does go up against some of the bigger retailers, like AGL, when it comes to value, sometimes even at a cheaper price point. To offer an idea of how Discover Energy compares on price to other electricity retailers, Canstar Blue regularly assesses electricity plans to show what households can expect to pay. We’ve calculated estimated annual bills in each state for households signed up to each Discover Energy product.

Discover Energy Electricity Prices Victoria

In the table below, we show Discover Energy 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 $1,336/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.

Electricity Plan Difference from VDO› Conditional Discounts Price Estimate˜
Smart Saver 16% Less Than VDO No conditional discounts $1,124
Standing Offer 5% Less Than  VDO No conditional discounts $1,270
Energy Fact Sheets

˜Price assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Estimated price includes any conditions discounts that may be available. Pricing based on Citipower network in Melbourne, but prices differ between distribution areas. September 2021.

See our Victorian electricity price report to see how Discover Energy compares to other retailers in the state.

Discover Energy Electricity Prices NSW

In the table below, we show Discover Energy 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 $1,393/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.

Electricity Plan Difference from Reference Price^ Conditional Discounts Price Estimate*
Smart Saver 18% Less Than Reference Price No conditional discounts $1,137
Ultimate Saver 16% Less Than Reference Price No conditional discounts $1,171
Economy 12% Less Than Reference Price No conditional discounts $1,226
Easy Saver 8% Less Than Reference Price No conditional discounts $1,282
Basic Plan Information Documents

*Price assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Estimated price includes any conditions discounts that may be available. Pricing based on Ausgrid network in Sydney, but prices differ between distribution areas. September 2021.

See how Discover Energy compares to other providers in NSW with our state price comparison report.

Discover Energy Electricity Prices QLD

In the table below, we show Discover Energy 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 $1,455/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.

Electricity Plan Difference from Reference Price^ Conditional Discounts Price Estimate*
Smart Saver 15% Less Than Reference Price No conditional discounts $1,243
Ultimate Saver 12% Less Than Reference Price No conditional discounts $1,278
Economy 10% Less Than Reference Price No conditional discounts $1,313
Easy Saver 8% Less Than Reference Price No conditional discounts $1,336
Basic Plan Information Documents

*Price assumes general energy usage of 4600kWh/year for a residential customer on a single rate tariff. Estimated price includes any conditions discounts that may be available. Pricing based on Energex network in Brisbane, but prices differ between distribution areas. September 2021.

How does Discover Energy compare to other retailers in Queensland? See our QLD price comparison page.

Discover Energy Electricity Prices SA

In the table below, we show Discover Energy prices on the SA Power network in Adelaide. 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 4000kWh/year, meaning the Reference Price is $1,716/year for a residential customer on a single rate tariff. Use our comparison tool for a specific comparison in your area.

Electricity Plan Difference from Reference Price^ Conditional Discounts Price Estimate*
Smart Saver 25% Less Than Reference Price No conditional discounts $1,287
Ultimate Saver 15% Less Than Reference Price No conditional discounts $1,451
Economy 14% Less Than Reference Price No conditional discounts $1,478
Basic Plan Information Documents

*Price assumes general energy usage of 4000kWh/year for a residential customer on a single rate tariff. Estimated price includes any conditions discounts that may be available. Pricing based on SA Power network in Adelaide, but prices differ between distribution areas. September 2021.

How does Discover Energy stack up in South Australia? Find out with our SA price comparison report.

Discover Energy Solar

Discover Energy offers options for those looking to invest in solar, providing a pathway into choosing an appropriate solar and battery storage system for your household. According to its website, this retailer is promising “low costs” for this integrated system, with a “tailored energy plan that allows you to power up your renewable energy more efficiently with zero wastage”.

As far as the feed-in tariffs are concerned, the retailer offers decent returns for the electricity you export on its Solar Smart plans:

  • NSW: 16c/kWh for first 3.2877 kWh/day, 10c for next 3.2877 kWh/day, 4c thereafter
  • QLD: 16c/kWh for first 3.2877 kWh/day, 10c thereafter
  • SA: 16c/kWh for first 3.2877 kWh/day, 10c thereafter

In Victoria, the retailer offers the regulated single rate tariff minimum for FiTs of 6.7c/kWh on its plans. For more information on feed-in tariffs, or to see what other energy providers are offering, visit our solar guide.

Discover Energy Natural Gas

Discover Energy is now retailing natural gas to customers in NSW, QLD and SA. Like its electricity plans, the retailer’s main product offers a guaranteed discount off usage charges. Discover Energy gas plans have no exit fees and an ongoing benefit period.

Is Discover Energy right for me?

With so many energy retailers to choose from, all offering unique selling points in NSW, Victoria, QLD and SA, it’s hard to say whether Discover Energy is right for you. What becomes clear in this review, however, is that this retailer is offering some seriously competitive prices, in part due to the generous unconditional discounts it offers.

It ultimately comes down to what you’re looking for in an electricity plan. To see what other providers have laid out on the table, follow the banner below.

About the author of this page

Jared Mullane

This page was written and is regularly updated by Canstar Blue’s Energy Editor, Jared Mullane. He’s an expert in all things utilities, including electricity, gas and water, helping to make complicated subjects easier to understand for consumers. A trained journalist, Jared is usually one of the first to break energy-related news, whether it’s the latest changes in the industry, price movements, or the next best deal you need to know about.