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 and QLD, 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.
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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.
Here are the Discover Energy plans on our database for NSW. These 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. 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.
Here are the Discover Energy plans on our database for SE QLD. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. 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 and QLD, bringing two or three market products and one plan called its ‘Standing Offer’, roughly equal to the Reference Price in each state.
The Ultimate Offer, 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 15-20%. What this means is that no matter how or when you choose to pay your bills, you’ll still receive the guaranteed discount. The ‘Ultimate Offer’ from Discover Energy is a variable rate product that comes with options for time of use and controlled load tariffs.
On this plan, customers will choose between having quarterly or monthly billing, with flexibility also extended to how customers choose to pay their bill (direct debit or otherwise). Paying bills or changing details can be managed either through the retailer’s online portal or mobile app.
Something unique is that this retailer requires all customers to sign up to eBilling and eCorrespondence in order to be eligible to sign up.
Find out how Discover Energy compares to other energy retailers in New South Wales and South East Queensland by clicking on the links below:
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 a rather low return for the electricity you export:
- NSW: 11.5c/kWh
- QLD: 11.5c/kWh
For more information on feed-in tariffs, or to see what other energy providers are offering, visit our solar guide.
Is Discover Energy right for me?
With so many energy retailers to choose from, all offering unique selling points in NSW and QLD, 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.
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