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Kogan Energy Review & Rates

It’s not a far stretch to assume you’ve heard of Kogan, the online retail giant selling everything from tech gadgets to life insurance, and in no great surprise to anyone, it’s now slinging energy plans. What might be a bit of a shock is that this is all happening in partnership with established energy provider, Powershop.

“Flip the switch for amazing value,” the provider prompts on its website, repeatedly using the phrase “amazing” in description of its pricing. With big claims like that, Kogan Energy could be set to take a jab at the competition in the energy space – but only if those claims are true. Are they? Find out below.

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Kogan Energy Plans

Kogan Energy currently has one plan on the market, simply called its ‘Market Offer’, which at first glance appears rather competitive due to its low-end-of-the-spectrum usage and supply rates. This offer is currently available in NSW, QLD, SA and VIC, much like its partner, Powershop.

What this means is that rather than owning its own retail license, Kogan Energy has partnered with Meridian Energy’s retail arm to provide energy to Aussies. So, essentially, Kogan takes care of the marketing and Powershop takes care of the rest, or as referenced in its Ts and Cs, “Powershop Australia Pty Ltd who sells energy to you under the name Kogan Energy at your premises”. Powershop does something similar with DC Power Co.

There are no discounts or bonus credits to be seen with Kogan Energy, the retailer rather opting for “simple” low rates to bring in low power bills. Following the recent trend, this plan also comes with no lock-in contract or exit fees.

Kogan Energy also has an app, which allows you to pay your bills, see invoices, monitor and forecast power use, view your account history, and gain insights into power usage trends. It’s available both on the App Store and Google Play.

With a largely online business model, it comes as no huge shock that Kogan Energy would not issue paper bills, opting instead for website-based or in-app monthly invoices. Not only that, but the retailer also requires credit card, BPAY or direct debit as far as payment goes.

Kogan Energy Prices

Here are the estimated costs for Kogan in New South Wales, Victoria, Queensland and South Australia. Use our comparison tool for a specific quote based on your location and circumstances.

Kogan Prices NSW

The table below shows some of the cheapest published deals on our database that include a link to the retailer’s website. These deals have been compared with Kogan Energy’s cheapest deal for NSW on our database. These costs are based on the Ausgrid network in Sydney but prices will vary depending on your circumstances. We show one product per retailer, listed in order of lowest price then alphabetical order. See here for further information on the Reference Price, which in this comparison assumes general energy usage of 3900kWh/year. This table includes products from referral partners†. Our database may not cover all deals or providers in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Kogan Prices VIC

The table below shows some of the cheapest published deals on our database that include a link to the retailer’s website. These deals have been compared with Kogan Energy’s cheapest deal for VIC on our database. These costs are based on the Citipower network in Melbourne but prices will vary depending on your circumstances. We show one product per retailer, listed in order of lowest price then alphabetical order. See here for further information on the VDO, which in this comparison assumes general energy usage of 4000kWh/year. This table includes products from referral partners†. Our database may not cover all deals or providers in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Kogan Prices QLD

The table below shows some of the cheapest published deals on our database that include a link to the retailer’s website. These deals have been compared with Kogan Energy’s cheapest deal for QLD on our database. These costs are based on the Energex network in Brisbane but prices will vary depending on your circumstances. We show one product per retailer, listed in order of lowest price then alphabetical order. See here for further information on the Reference Price, which in this comparison assumes general energy usage of 4600kWh/year. This table includes products from referral partners†. Our database may not cover all deals or providers in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Kogan Prices SA

The table below shows some of the cheapest published deals on our database that include a link to the retailer’s website. These deals have been compared with Kogan Energy’s cheapest deal for SA on our database. These costs are based on the SA Power network in Adelaide but prices will vary depending on your circumstances. We show one product per retailer, listed in order of lowest price then alphabetical order. See here for further information on the Reference Price, which in this comparison assumes general energy usage of 4000kWh/year. This table includes products from referral partners†. Our database may not cover all deals or providers in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Kogan Energy Gas

Unsurprisingly, Kogan Energy is also selling natural gas where partner Powershop does – in this case, Victoria only. Again, direct debit payment is required, with the only real difference being that instead of monthly payments, you’ll receive your bill every two months.

Kogan Energy Solar

If you have solar panels, the good news is that Kogan Energy’s plans come with decent feed-in tariffs to help maximise the return on your investment. Here’s what you can expect to see:

  • NSW: 6.8c/kWh
  • VIC: 12c/kWh
  • QLD: 6.19c/kWh
  • SA: 7.48c/kWh

Should I switch to Kogan Energy?

Bargain hunters everywhere perked up at the news of Kogan selling electricity – after all, how could a retailer known for low prices and good discounts give you a bad deal on your power?

And while discounts are nowhere to be seen with this retailer, it seems to lend itself to a positive outcome, rather than a negative. And with Powershop handling the operational side of things, it seems as though you’ll get good rates and reliability to boot. But is it the cheapest deal in town? You’ll have to compare prices in your area via the link below to find out.

Image credit: Phonix_a Pk.sarote/shutterstock.com, Marian Weyo/shutterstock.com

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