The small energy providers you need to know about

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If you’ve just moved into your new place and need to get the lights on in a hurry, it’s understandable that you might turn to one of Australia’s ‘big three’ energy providers. After all, if you stop someone in the street and ask them to name an energy company, chances are they’ll come up with Origin, AGL, or EnergyAustralia, so many of us turn to these providers as a safe pair of hands.

But if you’re willing to dig a little deeper into Australia’s hugely competitive electricity market, you’ll find several smaller players equally worthy of consideration. They might even offer you a better deal.

In fact, the Australian Competition and Consumer Commission’s (ACCC) September 2019 report into retail energy prices states that “most consumers can achieve further savings by comparing advertised prices and shopping around, particularly with smaller electricity retailers”. So, where do you start?

By way of a guide, we’ve listed five of the smaller energy providers currently offering some of the most interesting models and/or some of the cheapest power deals around. This is not an endorsement of these providers per se, but a list to get you started. We’d suggest jumping into our energy comparison tool below to compare offers from a wider range of providers before deciding which is best for you.

Here are some of the smaller energy providers you should know about. Keep in mind that, as smaller players, these companies may not operate in every state.

ReAmped Energy

ReAmped Energy is a new kid on the block, giving the big companies a run for their money. Operating in NSW and south east Queensland, ReAmped Energy offers simple power deals without any confusing discounts. Its flagship products are the ‘ReAmped Handshake’ and ‘Residential Anytime’, which are both highly competitive from a price perspective. If simplicity is what you’re looking for and you don’t mind digital communication, then ReAmped Energy could be a suitable fit.

ReAmped Energy Prices – NSW

Here are the ReAmped Energy plans on our database for NSW. These are products from a referral partner†. 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. 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.

ReAmped Energy Prices – QLD

Here are the ReAmped Energy plans on our database for SE QLD. This is a product 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 4600kWh/year. 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.

GloBird Energy

With a name like GloBird Energy, there’s no wonder why Victorians are flocking to this smaller power provider. GloBird has a few market offers in the ‘Education State’, most of which have conditional discounts for customers who sign up to direct debit billing, as well as those who pay their power bills on time. So long as customers meet the conditions of each plan’s discounts, GloBird Energy is a viable alternative to the ‘big three’.

GloBird Energy Prices – VIC

Here are GloBird Energy’s plans on our database for VIC. 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. 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.

Energy Locals

Energy Locals is another fresh entrant to the market that’s making waves across NSW, Victoria, south east Queensland, South Australia and the ACT. In its product offerings, Energy Locals has one plan that comes with a conditional credit for those who pay their power bills on time, or a plan which gives customers access to wholesale electricity prices at the expense of a monthly membership fee. Another plus for Energy Locals is its reasonable solar feed-in tariffs, varying from 10c/kWh to 16c/kWh.

Energy Locals Prices – NSW

Here are Energy Local’s 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 3900kWh/year. 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.

Energy Locals Prices – VIC

Here are Energy Local’s plans on our database for VIC. 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. 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.

Energy Locals Prices – QLD

Here are Energy Local’s 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 4600kWh/year. 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.

Energy Locals Prices – SA

Here are Energy Local’s plans on our database for SA. 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. 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.

Sumo

Sumo is an energy retailer in Victoria and NSW, offering customers three basic plans – Sumo Select, Sumo Saver and Sumo Lite. Sumo is a dual fuel provider in Victoria, meaning customers who bundle up their electricity with natural gas can take advantage of further savings in the form of bill credits. A unique selling point for Sumo is that customers can also consolidate internet with their household energy needs, leaving multiple utilities under one roof.

Sumo Prices – VIC

Here are Sumo’s 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. 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.

Sumo Prices – NSW

Here are Sumo’s plans on our database for NSW. These are products from a referral partner†. 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. 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.

LPE

Formally known as Locality Planning Energy, LPE services electricity to homes in south east Queensland. LPE has a single market offer dubbed the ‘Principal Rate’, which features competitive energy pricing, as well as monthly billing frequency, perfect for customers who dread being lumped with a large bill every quarter. While it’s not the cheapest energy provider in Queensland, LPE does fair well against some of the more prominent retailers in the area, and could be a good fit if local customer service is something you value.

LPE Prices – QLD

Here is LPE’s plan on our database for SE QLD. 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 4600kWh/year. 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 you go with a small energy company?

There’s no right or wrong answer to this, but there are some things worth considering:

  • Choosing a small (and new) energy company can be a leap into the unknown given that it may be harder to find many online reviews about it and chances are none of your friends are signed up.
  • The bigger energy providers are likely to offer more comprehensive customer service, such as having a 24-hour call centre and online chat support at any time. Some small providers will only talk to you via online chat and only at certain times of the day.
  • The bigger companies are more likely to offer additional perks that make paying your energy bills a bit easier to stomach. This might include helpful apps, loyalty points, or benefits from the retailer’s partnerships with other service providers.

List of other small providers

As we mentioned, there are many more options out there than just the five listed above. Here is a longer list of smaller energy providers operating across Australia.

  • Amaysim
  • Commander
  • CovaU
  • DC Power Co
  • Dodo
  • Discover Energy
  • Elysian Energy
  • Future X Power
  • Kogan Energy
  • Lumo Energy
  • Mojo Power
  • People Energy
  • Pooled Energy
  • Powerclub
  • Powerdirect
  • QEnergy
  • Sumo
  • Tango Energy
  • 1st Energy

You can compare prices from these providers and more with our energy comparison tool below.

Compare Electricity Plans

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Image credit: patpitchava/Shutterstock.com

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