Energy Switching Deals & Promotions

Power prices only ever seem to go in one direction, but the energy retailers will do almost anything to get you on board, which means there are opportunities to secure a better deal. While it’s always crucial to compare electricity plans on price, you may also find various other value-add incentives to sweeten a deal. These can be anything from online sign-up credit to ‘free’ movie tickets. It’s probably best not to be overly swayed by gimmicks, but if you find two comparable plans, these incentives can be a good point of difference. So, what sign-up incentives and special deals are available in your state?

Canstar Blue explores what sign-up incentives and promotions are being offered around Australia. This page may not cover all deals available in your area, and please check retailer websites for up to date information.

NSW Electricity Prices

Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the Ausgrid energy 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 and to see other products in our database that may be available. 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 some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. 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 for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. 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 Energy Deals

NSW Energy Deals

Energy customers in NSW have a wide variety of different sign-up incentives currently on offer. Here is a selection of some of the promotions. These deals are current as of 1 October 2021.

  • Origin is offering NSW customers the chance to earn up to 10,000 Everyday Rewards points to use at participating Woolworths group stores when signing up to both electricity and gas (5,000 per energy type). On the Everyday Rewards plan, customers will also receive one point for every $1 charged on their bill, plus 25% GreenPower and 100% Green Gas at no extra cost.
  • EnergyAustralia is letting customers choose carbon neutral energy where 100% of usage is carbon offset at no extra cost. Customers will have to opt in, however.
  • Residential electricity customers who switch to Powershop can receive a $75 credit when signing up through a referral. Existing customers can log into their online portal and invite friends to join. If they do so, $25 is applied to both customer accounts, every month for three months.
  • AGL is offering new customers the chance to win one of 25 $1,000 Prepaid Mastercard, just for making the switch to them. To be in the draw, customers will simply need to transfer their home electricity or gas account from their current provider to AGL before 4 November 2021.
  • If you’ve been dreaming of jet-setting away, then you can’t look past this Red Energy promotion. All customers who sign-up to Qantas Red Saver plan before 10 October 2021, will not only receive 10,000 Qantas points, as well as two points per $1 spent on energy bills, but they’ll also be in the daily running to win a bonus 100,000 Qantas points! Plus, the retailer is giving away an additional 200,000 points as part of the retailer’s last chance draw. You better get in quick though! If taking to the skies isn’t really your vibe though, Red Energy also has a partnership with Taronga Zoo. The Red Taronga Saver plan gives customers a Taronga Zoo Friends membership, which allows park access for one adult and two children aged 4-15. 
  • CovaU is offering a $50 sign-up credit in NSW when you sign up to any of its electricity products online. This applies to its gas plan too, where combined you could receive $100 off your gas and electricity bills.
  • Nectr is awarding a $50 credit to new customers who sign up with a refer a friend link. This credit will be applied to the customers second bill.
  • New customers who sign up to any of  Sumo‘s electricity market offers can earn a $50 sign-up credit. An additional $50 credit can also be earnt from signing up to one of the retailer’s gas offers too.
  • Elysian Energy in addition to offering a unique subscription-based energy plan, is also awarding customers a discount of $30 when they refer a friend, distributed as $10 credits every month for three months.
  • Bright Spark Power is giving a credit of $25 when customers refer a friend, with the friend also receiving a $25 credit.
  • Diamond Energy is giving new customers in NSW a $35 credit if they sign up through a friend’s referral. This ultimately benefits both the referrer and referee as the credit applies on both ends.
  • Mojo Power is rewarding new customers with a $50 credit if they are referred by a friend. Existing customers who refer their friends will also benefit from a $50 credit.
  • ReAmped Energy is awarding new customers with a $50 credit if they sign-up through a referral link.
  • Simply Energy offers a complimentary 12-month NRMA Blue membership to customers who sign-up to its Simply Blue Perks plan. The retailer is also now offering 100 per cent carbon neutral energy on all plans for no extra cost.

While these promotions sound tempting, it’s important to first compare plans based on standard prices and conditions. You can see how the retailers featured above compare to others on price with our NSW cost comparison report.

Victoria Electricity Prices

Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are 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 and to see other products in our database that may be available. 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 some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. Costs are 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 and to see other products in our database that may be available. 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 Energy Deals

Victoria Energy Deals

Households in Victoria have a similar list of promotional power deals as those in NSW, but with a few notable additions. These deals are current as of 1 October 2021.

  • Victorians that sign up to Origin’s new Everyday Rewards plan can receive up to 5,000 bonus points for each power type. This plan also gives customers an extra point for every dollar spent on their bill, plus 25% GreenPower or 100% Green Gas at no extra cost.
  • EnergyAustralia is now offering Victorians 100 per cent carbon neutral energy for no extra cost. Customers will have to opt in, however.
  • Simply Energy has a couple of interesting deals available for Victorians. ‘Simply Movies’ rewards customers with Village Cinema rewards points, to the total of 24,000 a year for electricity (2,000 each month) and another 24,000 Vrewards points a year for gas. While, the ‘Simply Blue’ plan rewards customers with a complimentary 12-month membership to NRMA Blue – packed with discounts on fuel, dining and more. All Simply Energy plans are now 100 per cent carbon neutral too, at no extra cost.
  • How would you like to win a $1,000 Prepaid Mastercard? Well with AGL you can! Simply sign up to any gas or electricity plan from AGL before 4 November 2021 and you’ll be in the running to score one of 25 Prepaid Mastercard. Score!
  • Powershop is offering both new and existing customers a $75 credit for referring a friend to the retailer. Both new and existing customers will receive the bonus and there is no limit on the number of friends that can be referred.
  • Red Energy has a plan available for Victorians who love Qantas points. All customers who sign-up to Qantas Red Saver plan before 10 October 2021, will not only receive 10,000 Qantas points, as well as two points per $1 spent on energy bills, but they’ll also be in the daily running to win a bonus 100,000 Qantas points! Plus, the retailer is giving away an additional 200,000 points as part of the retailer’s last chance draw. You better get in quick though!
  • Customers who sign up to CovaU in Victoria will receive a $50 bill credit off their first electricity bill for signing up online. This applies to gas, too, where another $50 credit is up for grabs. 
  • New customers who sign up for electricity with Sumo can earn a $50 sign-up credit. Customers who also sign-up for a gas plan with the retailer could score an additional $50 credit.
  • Lumo Energy’s refer a friend program will earn Victorian customers a $50 eGift card for both the new sign-up and the person who referred them. eGift Card can be used at David Jones, Woolworths, Coles, JB Hi-Fi or Hoyts. New customers will also enter Lumo’s Ultimate Power Draw which gives away daily, weekly and monthly prizes – most notably electricity credits. 
  • Diamond Energy’s new customers can receive $35 off their first bill if they’ve been referred by a friend, benefiting the person on the referring end, as they receive the same amount off their next bill.
  • New customers who are referred to ReAmped Energy by a friend will be awarded with a $50 credit on their bill, if they sign-up through a referral link.
  • GloBird Energy has re-introduced its ‘IdeaSave’ product to customers in Victoria, which provides access to what’s known as ‘Small Ideas’ through an annual membership fee. This membership unlocks family discounts to a range of activities, products and venues across Australia in exchange for a small yearly membership fee, which is almost negated thanks to a yearly loyalty credit from the provider.
  • Elysian Energy in addition to offering a unique subscription-based energy plan to Victorians, is also awarding a bill discount of $30 when they refer a friend, distributed as $10 credits every month for three months.

Victorians are well-accustomed to headline-grabbing energy promotions, but it’s still worth saying that consumers should compare plans based on price before thinking too much about extra incentives. However, some promotions will have a direct impact on costs, so it’s definitely worth paying attention to what’s on offer. Compare the providers mentioned above to others in the state with our Victoria price comparison report.

Queensland Electricity Prices

Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from our referral partners†. 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 for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. 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 some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. 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 for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. 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 Energy Deals

Queenslanders have become spoilt for choice when it comes to electricity retailers, with some offering a little extra to sweeten the deal. Here is a selection of promotions. These deals are current as of 1 October 2021.

  • Origin’s Everyday Rewards plan gives customers up to 10,000 rewards points when they sign up to both electricity and gas. In addition, 25% GreenPower is also a free extra of this plan, plus customers will receive one extra point per dollar spent on their bill.
  • New customers who sign-up to Nectr via the refer a friend program can expect a $50 credit to be applied to their second bill.
  • In Queensland, those interested in signing up to EnergyAustralia can choose to have 100% of their power usage carbon offset at no extra cost, but will need to opt in.
  • New customers who make the switch to AGL before 4 November 2021 will be in the running to win one of 25 $1,000 Prepaid Mastercard. This promo is applicable to any AGL electricity and gas plans.
  • New and existing Powershop customers have the chance to earn a $75 credit when they refer a friend to the retailer. Both the new and existing customers will receive this bonus credit and there is no limit on the number of friends that can be referred.
  • Red Energy is offering new sign-ups in Queensland the opportunity to earn bonus Qantas frequent flyer points on its Qantas Red Saver plan. All customers who sign-up before 10 October 2021, will not only receive 10,000 Qantas points, as well as two points per $1 spent on energy bills, but they’ll also be in the daily running to win a bonus 100,000 Qantas points! Plus, the retailer is giving away an additional 200,000 points as part of the retailer’s last chance draw. You better get in quick though!
  • Customers who sign up to CovaU in Queensland will receive a $50 welcome bonus bill credit, applied in two instalments over six months.
  • Queenslanders who sign up for electricity with Sumo can earn a $50 sign-up credit. New Customers who also sign-up for a gas plan with the retailer could score an additional $50 credit.
  • Elysian Energy in addition to offering Queenslanders a unique subscription-based energy plan, is also awarding a bill discount of $30 when they refer a friend, distributed as $10 credits every month for three months.
  • Diamond Energy’s new customers can receive $35 off their first bill if they’ve been referred by a friend, benefiting the person on the referring end, as they receive the same amount off their next bill.
  • Bright Spark Power is giving a credit of $25 when customers refer a friend, with the friend also receiving a $25 credit.
  • Mojo Power is rewarding new customers with a $50 credit if they are referred by a friend. Existing customers who refer their friends will also benefit from a $50 credit.
  • ReAmped Energy is awarding new customers with a $50 credit on their bill when they sign-up through a refer a friend link.
  • Simply Energy is also now offering 100 per cent carbon neutral energy on all its plans in Queensland for no extra cost.

There is often not much difference in price between retailers in Queensland, meaning any extra incentives can prove a helpful point of difference when comparing plans and providers. Nevertheless it is still important to review standard prices to get an idea of what you can expect to pay long after the promotion has gone.

South Australia Electricity Prices

Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These 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 and to see other products in our database that may be available. 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 some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These 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 and to see other products in our database that may be available. 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 Energy Deals

South Australians get a bad energy deal when it comes to standard prices. They also currently have few extra incentives to consider when comparing plans. Here is a selection of what’s available. These deals are current as of 1 October 2021.

  • South Australians that sign up to Origin’s Everyday Rewards plan will receive up to 10,000 rewards points upon sign up to a gas and electricity plan (5,000 points per plan). They can also expect to receive one extra point for every dollar spent on their bill as well as 25% GreenPower added to their tariff at no extra cost.
  • Lumo Energy customers can earn a $50 eGift card for signing up with a referral code. This applies to both the new sign up and the person who referred them. SA Lumo customers also have access to the retailer’s ‘Lumo Rewards‘ program, which awards discounts on everything from dining to travel.
  • South Australians, if you make the switch to AGL before 4 November 2021 you could go into the running to win one of 25 $1,000 Prepaid Mastercard. Simply sign-up to one of the retailer’s electricity or gas plans to be in the draw.
  • Red Energy is a provider offering great sign-up incentives to those who can’t resist rewards points. All customers who sign-up to Qantas Red Saver plan before 10 October 2021, will not only receive 10,000 Qantas points, as well as two points per $1 spent on energy bills, but they’ll also be in the daily running to win a bonus 100,000 Qantas points! Plus, the retailer is giving away an additional 200,000 points as part of the retailer’s last chance draw. You better get in quick though!
  • Powershop is awarding new customers with a $75 sign-up credit when they are referred through a friend. This credit is also applied to the existing customer who referred their friend. 
  • CovaU is running a promotion in South Australia in which new customers will receive a $50 credit when signing up online. An additional $50 credit can also be earnt by signing up to a gas plan online.
  • SA residents looking to switch to Diamond Energy can cop a $35 credit off their first bill by signing up with a referral code. Once successful, the friend who supplied the referral will also receive $35 off their next bill.
  • Now available in South Australia, energy provider Nectr is offering new customers a $50 credit when they sign-up through a referral link from an existing customer. This credit is applied on the second bill.
  • New customers who sign-up to ReAmped Energy through a refer a friend link could score themselves a $50 credit on their bill.
  • 100 per cent carbon neutral energy is now available on all Simply Energy plans in SA. There is no extra fees or opt-in steps required, ‘simply’ sign-up to a plan to get access to carbon neutral energy.
  • Elysian Energy in addition to offering a unique subscription-based energy plan, is also awarding customers a discount of $30 when they refer a friend, distributed as $10 credits every month for three months.
  • GloBird Energy is offering a $50 credit to South Australians that sign-up to its latest low, variable rate offering, Boost.

We all love a bonus, but don’t let that allure you into a bad energy deal. See how South Australia electricity retailers compare with our price comparison table.

What’s the deal with energy promotions?

Energy promotions

Perhaps the most obvious trend to emerge from this review is that most promotions are only available online. While this is great for web-savvy consumers looking to compare the best deals, it’s not such good news for those who aren’t able to go online, or find the idea of comparing plans too daunting.

For those engaged in the energy market, there are certainly some interesting offers to consider. Red Energy arguably stands out for offering plans tailored to frequent flyers, which appear to bring a tangible value add, while Powershop’s refer a friend deal could prove profitable if you can persuade enough people to follow your lead. That said, you should be open with them about your intentions…

It’s hugely important not to get too carried away with promotions and to compare plans based on their standard pricing and conditions first. If you find two similar products and can’t decide between them, then incentives are worth considering to sweeten the deal.

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