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Nectr relaunches its cheap, fixed-rate plan that’s 100% carbon neutral

Nectr has relaunched its cheap, fixed rate, carbon neutral plan to new customers in south-east Queensland, New South Wales and the Australian Capital Territory.

After a short time of putting on hold accepting new customers, following rising wholesale prices, the renewables-focused energy retailer has swarmed back into market with its award-winning 100% Clean offer for customers on the east coast of Australia.

The 100% Clean offer, which recently won a Canstar Blue Green Excellence Award, comes with fixed usage and supply rates and includes an opt-in product that’s certified Climate Active Carbon Neutral. This means the emissions associated with a customers’ electricity usage is offset by Nectr at no cost, through the retailer buying carbon offset certificates/units from both local and international projects.

Karren Challoner-Miles, Nectr’s Chief Marketing Officer, said the company had worked hard to bring back its competitive rates as well as protect its existing customers against price rises. 

“Over the past few months, the Nectr team has been focused on renewing existing customers, protecting them against price rises and accepting new customers across our solar and solar plus battery bundles,” she said. 

“That said, we have also just launched a refreshed set of electricity plans to residential customers, and we’ve worked closely with the industry and market to ensure we can deliver very competitive rates. Based on this, we feel that the time is now right to offer the new plans to customers in New South Wales, ACT and Qld.”

Nectr is offering discounts of up to 10 per cent less than the reference price, depending on location. And at the time of publication 100% Clean is the cheapest single-rate electricity plan available to customers in south-east Queensland, according to Canstar Blue’s database. It’s also among the cheapest plans across all areas of NSW.

Bill-payers can also earn a $50 credit on the 100% Clean plan by signing up through a refer-a-friend link shared from an exisiting customer. This credit will appear on new customers’ second bill. 

For those looking to further bolster their green energy credentials, Nectr has also re-introduced its Greenpower plan for new customers in NSW, SEQ and the ACT. This plan comes with 100 per cent GreenPower included in the usage rates, which means Nectr will purchase 100 per cent renewable energy matched to the amount of electricity used by the customer. 

Full details about the 100% Clean and Greenpower plans from Nectr can be found on the Nectr website. 

See Nectr’s Electricity Plans

Here are the Nectr Energy plans on our database for NSW. These are products from a referral partner†. 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 3911kWh/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.

Here are the Nectr plans on our database for Victoria. These are products from a referral partner†. These costs are based on the Citipower energy 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 the Nectr Energy plans on our database for SE QLD. These are products from a referral partner†. 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 4613kWh/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.

Is Nectr worth the switch?

Nectr has a heavy focus on greener and cleaner energy practices that don’t compromise on price. Its carbon offset and GreenPower options could be a huge drawcard for eco-conscious Aussies and with rates that are locked in for 12 months, Nectr’s plans could provide a level of certainty for those who may be worried about rising electricity rates. Nectr also offers a monthly billing cycle, rather than quarterly, which could be attractive to households that stick to a monthly budget.

Nectr recently moved into the solar panel, solar battery and solar and battery bundle space too. Nectr currently offers installation packages with options to suit small, medium and larger households. The retailer includes a fixed rate, carbon neutral energy plan as part of its solar bundles. 

Nectr has been operating in the Australian energy market since 2019. The retailer sells power to households in New South Wales, south-east Queensland, South Australia and the Australian Capital Territory and is backed by Hanwha Energy Australia, a South Korean conglomerate of solar manufacturer Hanwha Group. 

See how Nectr compares on price in your state

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 3911kWh/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.

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 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.

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 4613kWh/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.

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 4011kWh/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.

Image credit: TierneyMJ/Shutterstock.com

Kelseigh Wrigley
Energy Specialist
Kelseigh Wrigley covers Australia's retail energy market, growing her industry specific expertise over the last 2 years. She holds a Bachelor of Journalism at the Queensland University of Technology and has contributed her skills to online publications Hunter & Bligh and local radio station 4ZZZ.

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