Powershop is slinging big savings to residents in New South Wales and Victoria who ditch their current provider and switch their home power.
The retailer’s ‘Switch Saver’ deal is back again and rewarding new sign-ups with a $100 credit on their first bill.
In addition to a generous bill credit, customers may also be eligible for carbon offset options with the provider.
Nathan McEwan, Chief Customer Officer at Powershop, said Switch Saver incentivises switching by rewarding customers, making bill-payers “feel empowered by their energy provider”.
“We create energy plans like Switch Saver to reward customers for comparing plans and making the best choice for them,” he said. “Our unique in-app and online portal goes hand in hand with energy plans like Switch Saver to further empower customers to take control and manage their energy usage.
“We’ve recently been awarded Most Trusted Energy Provider 2022 by Canstar Blue, a title we’re really proud of. We believe energy plans like Switch Saver and our award-winning customer service and online tools sets our customers up for great and trusting experiences with us.”
Switch Saver comes with variable usage and supply rates, and has no exit fees or lock-in contracts.
Sign-up credits that entice customers to switch energy retailers have become less common in recent months as many retailers pull back from acquiring new customers. This credit places Powershop among the cheapest electricity providers in New South Wales and Victoria, based on the current pricing of plans on Canstar Blue’s database.
However, it’s always wise to check the usage and supply charges set by a retailer before switching to receive a sign-up credit because, while credits typically make the first bill cheaper, the overall cost of the plan over a longer period may not be lower.
This promotion is only open to new customers who sign up to Powershop. For the full terms and conditions, please visit Powershop’s website.
This article was originally published on May 11, 2022. It’s been updated to show the most recent information on this offer.
Powershop Prices
Click on your state below to see Powershop’s prices, or use our free comparison tool to compare a range of providers in your area.
Here are the Powershop 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 Powershop plans on our database for Victoria. These are products from a referral partner†. 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 the Powershop plans on our database for SEQ. These are products from a referral partner†. These costs are based on the Energex energy 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 the Powershop plans on our database for South Australia. These are products from a referral partner†. 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.
Is it worth switching to Powershop?
Powershop has been a frontrunner in Canstar Blue’s Victorian Electricity Provider ratings, and is regarded as one of the best power companies for customer service. It also took out this year’s Most Trusted Energy Provider Award, tying with Red Energy. It generally offers competitive energy rates as well as being a provider that offsets carbon emissions associated with its customers’ power usage at no extra cost. It does this by purchasing carbon offset units that meet the eligibility requirements of the government’s Climate Active Carbon Neutral Standard.
Controversy around the brand’s ownership has made headlines recently, but Powershop states it remains committed to its customers and the environment.
How does Powershop compare on price?
See how Powershop stacks up against the competition in your state below.
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.
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