Whether it be from your tax agent, superannuation company or energy provider, there’s a good chance you’ve been bombarded recently with reminders about the first of July.
And while it may be all well and good to just hit ‘delete all’ on your inbox this time of year and hope for the best, those on the hunt for savvy savings may miss out on the next best thing if they aren’t eagle eyed and ready – particularly when it comes to household electricity and natural gas bills.
For those unaware, July 1 marks the change of default power prices for deregulated states in the energy market. It’s the time of year when the Reference Price (also known as the Default Market Offer) in New South Wales, south-east Queensland and South Australia, as well as the Victorian Default Offer (VDO) in Victoria experiences an increase or decrease depending on the wholesale energy market at the time.
Unfortunately, this July 1 has brought increases of up to 25% with it for default electricity prices across these locations, as well as smaller increases for Tasmania and the Australian Capital Territory.
While many retailers have long been advertising expected changes, there’s still a good chance that some customers may not even realise their bills are about to skyrocket, or worse still, feel as though they have no choice but to cop a price hike on the chin.
But, that’s where Canstar Blue comes in to lend a helping hand. If you’ve fallen victim to July 1-itis, never fear! We’ve collated five of the more interesting energy deals that have cropped up post-default power price change this year, which could help to save you a buck, be it on your bills, at the bowser or on your other home utilities.
Please note, while these offers may be applicable at the time of publication, retailers are still in the process of updating their offers for the new financial year. As such, it is always a good idea to confirm plan details with the provider directly before making a purchase decision.
Five shocking power deals you may have missed:
1. OVO Energy EV & bill credit giveaway
Starting strong is the UK-born OVO Energy, with not only competitively priced electricity plans in New South Wales, Victoria, south-east Queensland and South Australia post-July 1 changes, but also a new competition worth a whopping $61,200 in prizes.
The latest giveaway from the provider will see one lucky customer score themselves a brand-new Tesla model 3, as well as $2,000 in power bill credit and access to its The EV Plan with 100% GreenPower included.
Customers will need to get in quick though – this offer is only available until August 31, 2023. New sign-ups who don’t score the keys to the new Tesla won’t be going home empty handed though! In addition to getting a cheap variable rate plan – or fixed rate for Victorians – they’ll automatically receive a $100 bill credit from OVO Energy as part of its Welcome Credit. This will be paid on bills over 12 months.
Piqued your interest? Compare OVO Energy pricing by clicking on the relevant tab on the OVO Energy table below.
OVO Energy Prices
Here are the OVO 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 OVO Energy 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 OVO Energy plans on our database for SEQ. 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.
Here are the OVO 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 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.
2. Ampol Energy 10c off a litre discount
Petrol major-turned power provider, Ampol Energy has officially launched in SEQ and brought with it an attractive new deal for motorists looking to save on their next trip to the bowser, as well as their energy bills.
As part of the retailer’s Powering On electricity plan, customers will be eligible for a 10c off per litre discount at participating Ampol fuel stations on up to 1,500L of a fuel a year.
Unfortunately for the rest of the east coast, Ampol Energy is currently only servicing households in SEQ, however the retailer looks to be expanding to other states in the near future.
For Ampol Energy pricing in SEQ, please refer to the table below.
Ampol Energy Prices SEQ
Here is the Ampol Energy plan on our database for SEQ. This is a product 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.
3. Alinta Energy mega sign-up credit
Challenger brand, Alinta Energy has swooped in with an attractive offer for Victorian customers post default power price change this year, offering a whopping $75 off its already competitively priced flagship offer, Home Deal.
The new credit will be issued on a customers’ first bill with Alinta Energy, with additional credits up for grabs if customers also sign up to a natural gas plan with the retailer. Alinta Energy offers variable rates on a no lock-in contract. Its plans also come with access to its Rewards Shop which offers discounts at various shopping and dining establishments across the country.
While the $75 credit is currently only applicable for Victorian customers until September 30, 2023, Alinta Energy also offers price competitive plans in NSW, SEQ and SA. To see its pricing, click the relevant tab in the table below.
Alinta Energy Prices
Here are the Alinta 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 Alinta Energy plans on our database for VIC. 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 Alinta Energy plans on our database for SEQ. 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.
Here are the Alinta 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 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.
4. AGL dual fuel discounts
Utilities powerhouse AGL is still offering attractive bundling incentives to households in VIC, NSW and SEQ that are looking to combine their gas and electricity bills. The retailer is slashing bills by up to $150 for eligible customers that sign up for dual fuel (electricity and natural gas). Additional credits can also be earned for customers who switch their internet plan to AGL.
Interested in an AGL home internet plan too? Check out its pricing in products in Canstar Blue’s expert guide.
Customers without a gas connection in these states needn’t worry about missing out though – the retailer is also awarding a single $75 credit to those that just sign up for household electricity.
For a sneak peek at pricing, check out AGL’s electricity plans in the table below.
AGL Electricity Prices
Here are the AGL 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 AGL Energy 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 AGL Energy plans on our database for SE QLD. 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 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 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.
5. Energy Locals’ limited time $100 credit
Wrapping up the list is Energy Locals and its limited time offer, which is dishing out $100 in power bill credit. The offer is currently exclusive to Victorians and will be awarded to new sign-ups who agree to join the retailer’s insights programs, which allows customers the opportunity to contribute to the improvement of Energy Locals’ products and services.
While the credit offer is only available to Victorians at the moment, households in NSW, SEQ and SA may still be able to nab a competitively priced offer with Energy Locals. To see its pricing, click on the relevant tab below.
Energy Locals’ Prices
Here are the Energy Locals 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 Energy Locals 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 Energy Locals 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.
Here is the cheapest published deal from Energy Locals currently on our database for Tasmania. This is a product from a referral partner†. These costs are based on a household with an annual electricity usage of 2,947kWh/year for a residential customer on a single rate tariff at a selected postcode in Tasmania, but prices will vary depending on your circumstances. 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.
See how these providers compare on price to others 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.
Image credit: Ekateryna Zubal/Shutterstock.com
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