Elysian Energy Review & Rates

Elysian Energy is a new Victorian electricity retailer, promising simple plans to make energy billing easy. With plans now available in NSW, SA, QLD, the ACT and Tasmania, this 100% Australian-owned company (that’s what it says) is aiming to provide everyday power savings to thousands of Aussies.

In this review, Canstar Blue will delve into what plans Elysian Energy is offering, what benefits are available, and examine whether customers will really save by making the switch.

Elysian Energy Plans

Elysian Energy’s plans are different to those offered by most power retailers in that, customers pay for a subscription service as opposed to paying for daily usage and supply rates.

How it works is that customers pay a monthly subscription fee, which basically sits in the place of a daily usage rate, and includes the first 250kWh of energy usage. Any additional energy usage beyond this number is then billed against a low usage rate.

While it does offer quite low rates, Elysian’s plans may not be for everyone, especially with it’s unique payment structure. That being said, the retailer does offer a reasonable solar feed-in tariff in each state. It’s important to note that the subscription service doesn’t lock you into a contract, so you can exit at any time without a fee. The retailer also offers a standard electricity product too.

Elysian Energy Prices

Victoria

Here is the Elysian Energy plan on our database for Victoria. Costs based on 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.

NSW

Here is the Elysian Energy plan 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.

QLD

Here is the Elysian Energy plan on our database for QLD. 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 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.

SA

Here is the Elysian Energy plan 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.

TAS

Here is the Elysian Energy plan on our database for Tasmania. These are products from a referral partner†. These costs are based on a household with an annual electricity usage of 6775kWh/year for a residential customer on a single rate tariff at a selected postcode in Tasmania, but prices will vary depending on your circumstances. 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.

ACT

Here is the Elysian Energy plan on our database for the ACT. These costs are based on annual energy usage of 5499kWh/year for a residential customer on a single rate tariff, and a selected postcode in Canberra, but these prices will vary depending on your own circumstances. We show one product per retailer, listed in order of price. Use our comparison tool for a specific comparison in your area. Our database may not cover all deals available in your area, and please check retailer websites for up to date information.

Elysian Energy Plans Explained

Elysian Energy is claiming to keep things simple by offering consistently low prices, with no big discounts or headline incentives. Its plans however, don’t work like most on the market. Elysian Energy runs off a subscription service as opposed to a pay as you use model.

Customers simply pay a monthly subscription fee of $80, which includes the first 250kWh of energy usage. Any additional energy usage then for the month is charged against a low usage rate and added to the monthly bill. The usage rate for additional energy usage will differ from state to state.

Elysian Energy Perks & Fees

While Elysian Energy doesn’t advertise discounts as part of its basic pricing model, it offers incentives to those who refer a friend. You could receive a discount of $30 when that friend signs up, distributed as $10 credits every month for three months.

On the flipside, there are a range of fees to watch out for, including a paper billing fee, credit card merchant fee, connection charge, disconnection charge, dishonour fee, and an over the counter fee.

Elysian Energy Electricity Prices

Elysian Energy may offer a different payment model than most, but that doesn’t stop the retailer from going up against the likes of AGL and Origin, in terms of price and value. To offer an idea of how Elysian 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 Elysian Energy product.

Elysian Energy Electricity Prices Victoria

In the table below, we show Elysian 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˜
Power Maximiser 21% Less Than VDO No conditional discounts $1,059
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 Elysian Energy compares to other retailers in the state.

Elysian Energy Electricity Prices NSW

In the table below, we show Elysian 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*
Power Maximiser 22% Less Than Reference Price No conditional discounts $1,089
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 Elysian Energy compares to other providers in NSW with our state price comparison report.

Elysian Energy Electricity Prices QLD

In the table below, we show Elysian 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*
Power Maximiser 18% Less Than Reference Price No conditional discounts $1,189
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 Elysian Energy compare to other retailers in Queensland? See our QLD price comparison page.

Elysian Energy Electricity Prices SA

In the table below, we show Elysian 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*
Power Maximiser 31% Less Than Reference Price No conditional discounts $1,180
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 Elysian Energy stack up in South Australia? Find out with our SA price comparison report.

Should I switch to Elysian Energy?

Elysian Energy claims to offer a simplified (arguably) approach to plans on a monthly subscription, where it states you’ll receive regularly low rates.

If paying a subscribed amount will give you peace of mind knowing that you’re less likely to be surprised by a hefty bill, switching to Elysian could be right for you, but remember that you’ll need to regularly compare plans to make sure you’re still getting good value.

Elysian also follows a few major electricity retailers in promoting a ‘simplified’ pricing model, perhaps as a result of recent scrutiny over a lack of transparency in the energy industry. Big discounts don’t always mean big savings, and retailers like Elysian seem to be looking for new models to attract customers.

And whilst 0% discount plans can certainly be competitive, the promise of low rates doesn’t always hold true. Whilst Elysian Energy’s electricity plans may be competitive, it’s best to hop onto our comparison tool for a quote as to how much you could end up paying based on your circumstances.

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.

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