ReAmped Energy brings unique ‘Handshake’ offer to South Australia

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Step aside Barossa Valley, there’s a new attraction in South Australia which to some may be even more delicious than wine.

Electricity upstart ReAmped Energy has launched in the state, offering some of the cheapest rates in the market, provided you’re happy to (kind of) remain loyal the company. Stick with us.

South Australians can now wave hello to ReAmped Energy’s ‘Handshake’ plan, an interesting initiative from a new retailer making thousands of households in New South Wales and Queensland say goodbye to their old providers.

ReAmped Energy Acting CEO, Luke Blincoe, explained that the deal rewards customers for their loyalty, but they’re not actually locked into a contract.

“We are launching with our Handshake plan which is pretty innovative,” he said. “We’re offering people very sharp rates in exchange for loyalty, but there is no lock-in contract. We just take them on their word.”

ReAmped Energy originally launched in NSW in 2019, expanding to offer its signature plan to Queenslanders not long after. Since then, it’s generally offered one of the cheapest deals you will find in both states.

“We have had a great response to our simple prices and straight up way of doing business in QLD and NSW, and we are very excited to be expanding to South Australia,” Mr Blincoe said.

“We really think that this kind of trusting relationship is a great way to do business, and so far, Aussies have agreed with us. We have not finished yet and have more innovation planned for the future.”

Canstar Blue Editor-in-Chief, Simon Downes, said ReAmped Energy is making a big impression in NSW and Queensland, where it can genuinely claim it is doing things differently.

“Believing that good pricing results in loyalty, it goes against the conventional wisdom in the energy market that loyalty doesn’t pay,” he said. “For years, customers that have remained with their provider rather than shopped around have only been rewarded with higher prices.

“Basically, ReAmped Energy is so sure you’ll be happy with the rates you pay, it doesn’t have any exit fees. Sure, this is great marketing, but you’ll also get a good deal, which is the most important thing.”

Mr Blincoe added that, in addition to South Australia, ReAmped Energy is also eyeing up Victoria as its next big move.

ReAmped Handshake Price SA

Here is the ReAmped Handshake deal on our database for South Australia. This cost is 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.

Should I sign-up to ReAmped Energy?

When a new retailer joins the chat, questions of trust can sometimes circulate. And with new-kid-on-the-block ReAmped Energy being relatively unknown in South Australia, it’s natural to want a few questions answered. Here are some of the obvious ones:

  • How does the Handshake plan work? ReAmped Energy is all about online service, so customers have to agree to paying bills by direct debit and give the nod to email billing and e-communication.
  • Will I still pay bills quarterly? Unlike traditional energy offers, ReAmped Energy bills its customers either weekly, fortnightly or monthly.
  • Can I get a bill discount? While this provider doesn’t offer discounts or bill credits, its rates are among the cheapest in South Australia at the time of writing.

Energy Deals SA

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. The next three tabs feature products exclusively from AGL, EnergyAustralia and Origin.

Here are the AGL Energy 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 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 EnergyAustralia 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 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 Origin Energy 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 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.

Image credits: SFIO CRACHO/shutterstock.com

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