Compare Cheapest Electricity Plans in NSW – Top Energy Providers

Brand / Plan	Reference Price	Price per year(Estimated)	Contact
Powershop Power House	11% Less than reference price	$2,248	1300 560 964  Online Subscription
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Supply Charge: $1.61 / day Usage charge: $0.32 / kWh Reference Price: $2,513 / year See Basic Plan Information *All prices listed are inclusive of GST except where indicated.	Offer ID: PSH906055MRE1 Customer type: Residential Distributor: Essential Energy Rate type: Single Rate Offer type: Market offer
AGL Residential Smart Saver - Velocity	10% Less than reference price	$2,260	1300 560 964  Online Subscription
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Supply Charge: $1.56 / day Usage charge: $0.32 / kWh Reference Price: $2,513 / year See Basic Plan Information *All prices listed are inclusive of GST except where indicated.	Offer ID: AGL726420MRE17 Customer type: Residential Distributor: Essential Energy Rate type: Single Rate Offer type: Market offer
Momentum Energy Bill Boss Electricity	Equal to the reference price	$2,508	1300 560 964  Online Subscription
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Supply Charge: $1.89 / day Usage charge: $0.35 / kWh Reference Price: $2,513 / year See Basic Plan Information *All prices listed are inclusive of GST except where indicated.	Offer ID: MOM822874MRE5 Customer type: Residential Distributor: Essential Energy Rate type: Single Rate Offer type: Market offer

Brand / Plan	Reference Price	Price per year(Estimated)	logo	Contact
Powershop Power House	11% Less than reference price		$2,248 Price per year(Estimated)	1300 560 964  Online Subscription
See offer detail Close offer detail
Supply Charge: $1.61 / day Usage charge: $0.32 / kWh Reference Price: $2,513 / year See Basic Plan Information *All prices listed are inclusive of GST except where indicated. Offer ID: PSH906055MRE1 Customer type: Residential Distributor: Essential Energy Rate type: Single Rate Offer type: Market offer
AGL Residential Smart Saver - Velocity	10% Less than reference price		$2,260 Price per year(Estimated)	1300 560 964  Online Subscription
See offer detail Close offer detail
Supply Charge: $1.56 / day Usage charge: $0.32 / kWh Reference Price: $2,513 / year See Basic Plan Information *All prices listed are inclusive of GST except where indicated. Offer ID: AGL726420MRE17 Customer type: Residential Distributor: Essential Energy Rate type: Single Rate Offer type: Market offer
Momentum Energy Bill Boss Electricity	Equal to the reference price		$2,508 Price per year(Estimated)	1300 560 964  Online Subscription
See offer detail Close offer detail
Supply Charge: $1.89 / day Usage charge: $0.35 / kWh Reference Price: $2,513 / year See Basic Plan Information *All prices listed are inclusive of GST except where indicated. Offer ID: MOM822874MRE5 Customer type: Residential Distributor: Essential Energy Rate type: Single Rate Offer type: Market offer

Compare Gas Plans in NSW

As the biggest city in NSW, comparing gas prices in Sydney is important to ensure you’re getting the best gas plan available. Below, you can compare gas prices, to find the cheapest gas plan and provider for you.

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SUMO Energy Assure Residential 1300 560 964 Sign Up Now Sign Up Now	$600 / year	Benefits: Ongoing Benefit Period     Daily Supply Charge: 78.10c/day
AGL Energy  Residential Value Saver 1300 560 964 Sign Up Now Sign Up Now	$610 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 63.95c/day
CovaU Energy Freedom Residential Single 1300 560 964 Sign Up Now Sign Up Now	$620 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 70.40c/day
Energy Locals Standing Offer 1300 560 964 Sign Up Now Sign Up Now	$630 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 69.51c/day
Dodo Gas & Power Residential Market Plan 1300 560 964 Sign Up Now Sign Up Now	$650 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 48.37c/day
Origin Energy Go Variable 1300 560 964 Sign Up Now Sign Up Now	$670 / year	Benefits: 12 Month Benefit Period     Daily Supply Charge: 70.13c/day
Red Energy  Red Solar Saver 1300 560 964 Sign Up Now Sign Up Now	$670 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 82.50c/day
Alinta Energy HomeSaver Gas 1300 560 964 Sign Up Now Sign Up Now	$730 / year	Benefits: 1 Year Contract Period     Daily Supply Charge: 65.11c/day
GloBird Energy  Residential Value Saver 1300 560 964 Sign Up Now Sign Up Now	$740 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 60.50c/day
Powershop Energy  Standing Offer 1300 560 964 Sign Up Now Sign Up Now	$770 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 94.46c/day
EnergyAustralia  Standing Gas 1300 560 964 Sign Up Now Sign Up Now	$840 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 88.44c/day
Engie Energy   Standing Gas   1300 560 964 Sign Up Now Sign Up Now	$870 / year	Benefits: No Lock-In Contract     Daily Supply Charge: 67.84c/day

Source: Energy providers basic plan. Valid within the Jemena distribution network. Comparison does not include all available offers. Estimated annual cost includes conditional discount and is based on average usage of 18,542Mj/year. Discounts and rates vary depending on location. Calculations are based on the reference price for each area. Any offers or estimated costs compared are for example purposes only and may change based on your individual circumstances or habits. Offers and availability are subject to change. Read more about Basic Plan Information here. Valid July 2025.

Important Information Show Less

Best Energy Providers in NSW

Now that you’ve explored the cheapest electricity and gas plans in NSW and learned how to compare energy deals, let's dive into the top providers offering the cheapest electricity NSW plans.

With over 30 energy retailers to choose from, NSW residents have more options than anywhere else in Australia. This competition is great news, especially since NSW households face some of the highest energy bills in the National Electricity Market (NEM). By understanding the energy market and comparing plans wisely, consumers can make informed decisions to lower their electricity costs and reduce overall energy consumption.

Below are some of the best options based on price, discounts, and service quality to help you get the cheapest electricity NSW:

See all Energy Providers in New South Wales

• AGL Energy
• Alinta Energy
• Powershop Energy
• CovaU Energy
• Dodo
• EnergyAustralia
• GloBird Energy
• Origin Energy
• Red Energy
• Engie Energy
• Sumo Energy
• Tango Energy
• Momentum Energy
• 1st Energy
• Ovo Energy

What is Default Market Offer (DMO) in NSW?

If you're looking for the cheapest electricity NSW plans, it's crucial to understand the Default Market Offer (DMO) and how it impacts your energy bills.

The Default Market Offer (DMO) is a government-regulated reference price that helps protect and inform consumers. It sets a fair price cap for electricity, ensuring that households and small businesses that don’t actively shop around for energy plans aren’t charged excessively by their provider. This allows you to get the cheapest electricity NSW from the best provider NSW.

The DMO serves two key purposes:

1. Protecting Consumers from High Energy Prices: If you don’t switch to a discounted Market Offer, you’ll be placed on a Standing Offer, which may not have the cheapest rates. However, the DMO ensures that even these default plans remain within a reasonable pricing range, preventing energy retailers from overcharging disengaged customers.
2. Providing a Reference Price for Easier Comparisons: The DMO helps consumers compare energy plans by offering a benchmark price. Energy providers typically advertise their Market Offers as "X% off the Reference Price," making it easier to see potential savings and choose the best electricity deal for your needs.

By understanding the DMO and how it affects electricity pricing in NSW, you can make an informed decision and potentially save hundreds of dollars on your power bills each year. 

Below is a breakdown of the Default Market Offer (DMO) across different Distribution Networks in NSW, helping you compare the best electricity rates NSW more effectively.

If I switch electricity providers, how much less will my electricity bill be below the Default Market Offer (DMO)?

It depends on energy provider and plans you will switch to. For example, SUMO Assure offers the price 15% less than Default Market Offer (DMO).

Energy Distributors in NSW

NSW is covered by three gas and three electricity distributors, who not only supply energy to your home but also maintain and repair the electrical grid and gas pipelines.

Call your energy distributor’s emergency number if you have a power outage, gas leek or electrical emergency.

Average Electricity Costs in NSW

NSW has some of the highest electricity prices in Australia, second only to South Australia. On average, households in NSW spend $1,253 per year on electricity for homes without a pool.

While these rising energy costs may seem overwhelming, there are smart ways to reduce your electricity bill to get the best electricity rates NSW. Simple energy-saving habits—like unplugging unused appliances, using energy-efficient LED lighting, and adjusting your thermostat—can make a noticeable difference. For even greater savings, investing in solar panels, better insulation, and energy-efficient appliances can help lower your long-term energy expenses.

By comparing the best and cheapest electricity plans for your needs in NSW and optimizing your energy usage, you can significantly cut costs and take control of your power bills.

Energy Rebates & Concessions in NSW

The government of New South Wales offers multiple energy rebates and concessions to eligible residents in the state. If you’re struggling with your energy bills, or have been hit with sudden economic hardship, these rebates and concessions in NSW can help make sure you stay on top of your bills and keep the lights on.

• Family Energy Rebate: Up to $180 per year
• Gas Rebate NSW: Up to $110 per year
• Low Income Household Rebate: Up to $350year
• Senior Energy Rebate: Up to $250/year
• Pension Supplement NSW: Combines multiple concessions including the utilities concession
• Medical Cooling Concession: Calculated on Daily Rate
• Life Support Rebate: Depends on the type of machine required

Switching Energy Providers in NSW

Switching energy providers in New South Wales can help you find better rates, access green energy options, and take advantage of exclusive sign-up deals. Understanding the process, knowing your consumer rights, and being aware of contract terms, including exit fees and the cooling-off period, are essential when making the switch. This can also help you find the best electricity provider Sydney, the best solar feed in tariffs NSW, cheapest energy provider NSW, and the best electricity deals in NSW.

Steps to Switching Energy Providers:

1. Compare Plans: Use an online portal or mobile app to compare electricity NSW providers and find the best electricity deals NSW.
2. Check Contract Terms: Review details such as default energy contract conditions, exit fees, and any sign-up deal incentives.
3. Verify Supply Details: Ensure your new provider services your area and check whether your energy distributor remains the same.
4. Understand Your Tariffs: Choose between a single rate tariff, time of use tariff, or controlled load tariff, depending on your household’s energy consumption.
5. Initiate the Switch: Sign up with your new energy retailer either online or via phone, providing necessary details such as your NMI (National Meter Identifier).
6. Cooling-Off Period: Once you sign up, you typically have a 10-day cooling-off period to change your mind without penalty.
7. Monitor Your Bill: After switching, review your estimated bill and check your new rates to ensure accuracy.

Understanding Energy Plans and Tariffs

Choosing the right energy plan in NSW requires understanding different tariff structures, supply charges, and usage rates. Here’s what you need to know:

Types of Energy Plans:

• Standing Offer: A default energy contract with government-regulated pricing.
• Market Offer: A flexible contract with potential discounts, lower rates, and sign-up deals.
• Carbon Neutral Plans: Energy plans that offset carbon emissions for environmentally conscious consumers.
• Greenpower: A government-accredited program allowing consumers to support renewable energy generation.

Tariffs Explained:

• Single Rate Tariff: One fixed rate for electricity, regardless of time of day.
• Time of Use Tariff: Different rates depending on peak and off-peak hours.
• Controlled Load Tariff: A separate, lower rate for high-energy appliances like electric hot water systems.
• Demand Charge: A charge based on your highest energy usage within a billing period.
• Solar Feed-In Tariffs: Credit received for excess solar energy fed back into the grid.

Other Key Considerations:

• Smart Meters: These provide real-time energy usage data and can optimize your energy plan.
• Electricity Distributors Merge: Changes in distributors may affect supply charges and customer service.
• Supply Charge & Usage Rate: The fixed daily cost of energy supply and the per kWh rate for electricity consumption.

By understanding these elements, you can compare electricity NSW options effectively and secure the best energy rates NSW suited to your needs.

Find the Best Electricity Deal in NSW

By comparing electricity plans in NSW, you can reduce your power bill and find a provider that offers the best value. Whether you’re looking for the cheapest electricity rates in NSW or a 100% renewable energy provider, use this guide to make an informed decision.

Want to compare plans now? Click here to find the best electricity provider in NSW today!