Sumo drops prices in Victoria but ditches fixed rate plans

Rounding up the month of January, Melbourne-based retailer Sumo has dropped its energy prices by up to seven per cent in Melbourne.

Power plans – Sumo Assure and Sumo Freedom – are now considerably cheaper thanks to a reduction in electricity usage rates and supply charges for residential customers living on the Citipower network.

The Sumo Assure and Sumo Freedom deals now sit at seven per cent and five per cent below the Victorian Default Offer (VDO) respectively, which is a yearly price difference of up to $92.

What’s more is that Sumo has ditched its fixed rate energy plans in New South Wales and Victoria, known as ‘Sumo Lite’, which was also available in natural gas.

Canstar Blue Editor-in-Chief, Simon Downes, explained that Sumo’s revamped prices are likely a result of notable changes to the VDO coming into effect at the start of 2021.

“It’s a great time for Victorians to bag a better deal on their energy as prices have fallen since the default tariff became notably cheaper, and retailers like Sumo are passing on some savings,” he said.

“Another factor can be attributed to lower wholesale rates across the eastern states, whereby power has become much cheaper for retailers to buy, which is then often passed on to consumers.

“While Sumo’s deals are priced fairer now, there are still more competitive plans out there for Victorians who simply want the cheapest price.”

Sumo is best known as a bundled home utility provider, meaning it also offers internet plans in addition to electricity and gas. Customers in Victoria signing up to Sumo’s cheapest energy deal – Sumo Assure – must do so online and pay by direct debit.

Sumo Electricity Plans

Here are the Sumo plans on our database for NSW, Victoria and Queensland. Be sure to click on your state to see current prices.

Here are the Sumo 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 Sumo 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 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 Sumo plans on our database for 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. 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.

How does Sumo compare on price in Victoria?

See how Sumo electricity prices stack up against some of the competition by checking out these deals 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†. 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 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 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 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 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 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 Victoria. 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 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: Vladimir Sukhachev/Shutterstock.com

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