Sumo swoops on competition in QLD with cheap new deal

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Victorian-based retailer Sumo has swooped on competition in Queensland with a deal that’s bound to help ease household budgets.

Sumo is now one of a few small providers shaking up things in the south east, which has recently been headlined by ReAmped Energy and OVO Energy battling over cheapest prices across the Energex network.

The ‘Sumo Assure Advantage’ plan will see Queenslanders bag 24% off the Reference Price, which is currently the state’s second cheapest electricity deal, according to Canstar Blue’s database.

In addition to cut-price rates, a $60 bill credit is also on offer to customers who sign up before July 21, 2020.

Sumo Assure Advantage is a no lock-in contract with no exit fees and comes with variable rates, as well as a monthly billing option.

Canstar Blue Editor-in-Chief Simon Downes said that Sumo’s entrance to QLD will surely raise some eyebrows, particularly at a time where local competition is heating up.

“What we’re seeing from Sumo is good value, compared to some offers currently available from other retailers in the increasingly competitive QLD market,” said Mr Downes.

Founded in 2016, Sumo has built a reputation as being a bundled home utility provider, providing customers additional discounts for combining their electricity plan with gas or internet, which tends to be their unique selling point, according to Mr Downes.

“Sumo is known for bundled discounts for electricity, gas and internet, and while these can offer some further bang for buck, it’s important to check you’re getting a good deal on each separate service,” he said.

“The problem with bundles is that it makes comparing apples with apples more difficult and makes customers less likely to shop around.”

Compare QLD Electricity Prices

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 4600kWh/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 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 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 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 4600kWh/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 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 4600kWh/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 credit: chuyuss/Shutterstock.com

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