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Compare Energy Plans NSW: The Cheapest, Greenest, and Best Energy Plans in New South Wales

Compare NSW

Choosing the best energy provider in New South Wales depends heavily on your household and lifestyle, but step one is always comparing energy plans and providers to find something that suits you. Whether you want the cheapest energy in NSW, the greenest energy provider, or the most highly rated, here you can find a comparison of energy providers in the state and discover your new favourite energy provider in New South Wales today.


Energy comparison NSW: Electricity providers in New South Wales

Over 24 providers retail energy in New South Wales, each with their own discounts, deals, and rates. Below you will find a list of energy providers in New South Wales, along with their best electricity plans in NSW, discount off the reference price (Ausgrid distribution network), as well as the estimated annual cost based on an average usage of 3,900kWh per year to help you compare energy plans in New South Wales.

Compare energy plans NSW
Energy Provider Plan Name % off the reference price Estimated annual electricity costs
Mojo Power All Day Breakfast 27.28% discount $1,063 / year
Nectr Nectr Friends Clean 20% discount + $100 credit $1,067 / year
ReAmped Energy ReAmped Advanced 27% discount $1,074 / year
Tango Energy Home Select 26% discount $1,084 / year
OVO Energy The One Plan 24% discount $1,114 / year
Powerclub Powerbank Home Flat 24% discount $1,115 / year
Click Energy Flora Plus 23% discount $1,126 / year
Sumo SumoAssure 22% discount $1,138 / year
Simply Energy Simply Energy Saver 20% discount $1,166 / year
Powershop Powershop Shopper MegaPack 20% discount $1,176 / year
Dodo Market Offer 17.41% discount $1,206 / year
Momentum Energy Everyday Energy
SmilePower Flexi
17% discount $1,211 / year
AGL Essentials 17% discount $1,214 / year
EnergyAustralia Total Plan 17% discount $1,213 / year
Origin Energy Max Saver Online Only 17% discount $1,214 / year
Energy Locals Online Saver 10% discount + 6% conditional discount $1,230 / year
Alinta Energy HomeDeal Energy 16% discount $1,232 / year
Elysian Energy Simple Plan 12.4% discount + 3.5% conditional discount $1,235 / year
1st Energy 1st Saver 13% discount $1,267 / year
Amaysim Energy Classic Electricity 13% discount $1,286 / year
Enova Energy Community Plus 8% discount + 3% conditional discount $1,308 / year
Red Energy Living Energy Saver 9% discount $1,320 / year
Diamond Energy Everyday Renewable Saver 7% conditional discounts $1,355 / year
Amber Electric Market Offer 14% average discount* $1,220 / year

Compare energy plans: Cheapest electricity NSW

One of the most influential factors in choosing an energy provider in New South Wales is cost, and with energy prices on the rise it’s more important than ever to find the cheapest electricity plan in New South Wales with the biggest discounts and lowest rates.

Mojo Power

Mojo Power offers some of the cheapest electricity rates in New South Wales, with their All Day Breakfast Plan offering a massive 27.28% discount off the reference price as well as a free smart meter to help you track your energy usage and manage your Mojo Power account. If you don’t yet have a smart meter, Mojo Power Single Minded plan is available with a smaller discount, while you wait for your new smart meter to be installed.

Mojo Power electricity plans NSW
  All Day Breakfast Single Minded
Discount off the reference price 27.78% discount 4.95% discount
Daily supply charge 79.717c / day 104.5c / day
Usage rates 19.8c / kWh 25.85c / kWh
Estimated annual cost $1,063 / year $1,389 / year

Source: Mojo Power. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

ReAmped Energy

ReAmped Energy provides multiple electricity plans to customers in New South Wales. If you don’t mind fortnightly billing through direct debit payments, ReAmped Advanced offers a 27% discount off the reference price. If you prefer a more traditional method of energy billing and payments, however, ReAmped Handshake offers a 23% discount with the guarantee you’ll stay with them for one year (but you won’t be charged an exit fee if you leave early), and their ReAmped Classic comes with no stipulations for an 18% discount off the reference price.

ReAmped Energy electricity plans NSW
  ReAmped Classic ReAmped Handshake ReAmped Advanced
Discount off the reference price 18% discount 23% discount 27% discount
Daily supply charge 73.68c / day 91.55c / day 91.55c / day
Usage rates 23.97c / kWh 20.44c / kWh 18.96c / kWh
Estimated annual cost $1,204 / year $1,131 / year $1,074 / year

Source: ReAmped Energy. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

Nectr Energy

A newcomer to the Australian energy market, Nectr offers green energy plans backed by global solar giant Hanwha Group. Nectar Clean Friends comes with a 20% discount off the reference price, plus an $100 credit off your first energy bill, while Nectr GreenPower offers customers an 8% discount with that same $100 credit, in addition to 100% GreenPower renewable energy offset.

Nectr electricity plans NSW
  Nectr Friends Clean Nectr GreenPower
Discount off the reference price 20% discount + $100 credit for new customers 8% discount + $100 credit for new customers
Daily supply charge 99.99c / day 99.99c / day
Usage rates 20.57c / kWh 25.30c / kWh
Estimated annual cost $1,067 / year $1,252 / year

Source: Nectr. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

OVO Energy

While one of the energy giants in the UK, OVO Energy has recently entered the Australian energy market. OVO Energy The One Plan offers up to 24% off the reference price, and an automatic 10% GreenPower carbon offset, but you can bump that up to 100% GreenPower for an additional cost per month.

OVO Energy electricity plan NSW
  OVO Energy The One Plan rates
Discount off the reference price up to 24% discount
Daily supply charge 89.1c / day
Usage rates 22.22c / kWh
Estimated annual cost $1,115 / year

Source: OVO Energy. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

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Powerclub energy

If you want to stay on top of your energy usage, Powerclub takes the cake in nontraditional energy providers in New South Wales. Unlike other energy providers in New South Wales, which offer set rates, Powerclub passes on wholesale energy prices to their customers for a monthly membership fee, allowing customers to save up to 24% off the reference price. With their Powerclub Powerwatch app, you’ll get real-time alerts to spikes in the wholesale electricity market as well as ways you can reduce your energy consumption in the moment so you can avoid paying the increased energy rates in the moment.

Powerclub electricity plans NSW
  Powerbank Home Flat rates
Discount off the reference price 24% discount
Daily supply charge 80.44c / day
Usage rates 20.05c / kWhh
Estimated annual cost $1,115 / year

Source: Powerclub. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

Greenest electricity plans in New South Wales

If you’re interested in supporting green and environmentally friendly initiatives, there are a number of green energy providers in New South Wales to choose from. Whether these providers offer GreenPower or carbon-neutral offsets, utilize renewable energy generation, or give back to the community with different initiatives, you can read more about some of the greenest providers by continuing below.

Powershop energy

Powershop is known as Australia’s greenest energy provider, according to GreenPeace’s annual green energy ranking. Powershop offers 100% carbon neutral energy to all customers,automatically, and customers can choose to invest in additional environmentally friendly and community-based initiatives. With Powershop, customers who are on top of their energy usage and billing can purchase Powerpacks, with different Powerpacks offering different discounts, incentives, and environmental initiatives.

Powershop MegaPack rates NSW
  NSW
Discount off the reference price 20% discount
Daily supply charge 102.09c / day
Usage rates 20.59c / kWh
Estimated annual cost $1,176 for 3900kWh / year

Source: Powerclub. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

Diamond Energy

Coming in at a close second to Powershop is Diamond Energy, the second greenest energy provider in New South Wales. Diamond Energy focuses heavily on solar energy, giving customers with solar PV systems a generous 12c / kWh feed-in-tariff and those with eligible solar battery storage up to 100c / kWh feed-in-tariff with their Diamond Energy GridCredits100 program. Below you can find Diamond Energy electricity rates for their one plan, Diamond Energy Everyday Renewable Saver.

Diamond Energy rates NSW
  Diamond Energy Everyday Renewable Saver
Discount off the reference price 7% pay on time discount +
3% direct debit discount
Daily supply charge 91.74c / day
Usage rates First 100kWh per month: 28.49c / kWh
Remaining usage: 30.69c / kWh
Estimated annual cost $1,355 / year

Energy Locals

Energy Locals is a community-based energy provider, offering wholesale electricity prices in NSW for a monthly membership fee, in addition to offering 100% carbon-neutral offset at no additional cost. Energy Locals also works to bring various renewable initiatives to communities around Australia including a Virtual Power Plant, and peer-to-peer energy trading services to help residents reduce their dependence on the big energy providers.

Energy Locals electricity rates in NSW*
  Online Saver Local Saver
Discount off the reference price 10% discount +
6% pay-on-time discount
8% discount
Daily supply charge 101.99c / day 67c / day
Usage rates 22c / kWh 23c / kWh
Estimated annual average $1,230 / year $1,345 / year

*Source: Energy Locals Residential Rates. Rates valid for postcode 2000 within Ausgrid distribution network on a single-rate tariff. Estimated annual cost based on average usage of 3,900kWh/year. Valid August 2020.

Compare The Big Three in NSW: AGL, Origin Energy, EnergyAustralia

Smaller energy providers might offer unique ways of retailing energy, but with over 81% of the energy market share in New South Wales it’s the Big Three that support most of the energy market in the state. These three historic energy providers have been retailing energy in New South Wales for a long time, and customers can be sure they probably won’t be going anywhere anytime soon, offering stability in a market where smaller energy providers might go under at a moment’s notice.

AGL in New South Wales

AGL is Australia’s oldest energy provider, getting its start in 1837 in Sydney, NSW. Since then, they have amassed millions of customers across the country with their biggest features being their AGL flybuys partnership, additional AGL rewards, and fixed-rate plans.

AGL electricity rates NSW
  AGL Essentials AGL Essentials Saver AGL Solar Savers
Discount off the reference price 17% discount 15% discount No discount
17c / kWh FiT
Daily supply charge 75.67c / day 77.495c / day 91.179 / day
Usage rates 24.024c / kWh 24.607c / kWh 28.952 / kWh
Estimated annual cost $1,214 / year $1,243 / year $1,462 / year

Source: AGL Energy Rates. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

Origin Energy NSW

Origin Energy is one of the biggest energy companies in the country, with over 4 million customers benefiting from their energy services. Origin Energy offers a couple plans with different benefits including their Origin Max Saver online plan, which has the biggest discounts off the reference price in exchange for online signup and account management.

Origin Energy electricity rates NSW
  Origin Flexi Origin Max Saver Origin Solar Boost
Discount off the reference price 14% discount 17% discount No discount
12c / kWh solar FiT
Daily supply charge 74.05c / day 71.47c / day 86.10c / day
Usage rates 25.31c / kWh 24.43c / kWh 29.43c / kWh
Estimated annual cost $1,258 / year $1,214 / year $1,462 / year

Source: Origin Energy Rates. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

EnergyAustralia NSW

EnergyAustralia retails electricity and gas to more than 1.7 million customers across Australia, including in New South Wales. With their simple plans with low, fixed, rates, they offer reasonably priced energy plans in NSW.

EnergyAustralia rates NSW
  Basic Home No Frills Total Plan
Discount off the reference price No discount 15% discount 17% discount
Daily supply charge 84.7c / day 71.5c / day 84.7c / day
Usage rates 29.559c / kWh 25.3c / kWh 24.94c / kWh
Estimated annual cost $1462 / year $1248 / year $1213 / year

Source: EnergyAustralia electricity rates. Rates valid for Ausgrid distribution network on a single-rate tariff with estimated annual usage of 3900kWh/year. Valid August 2020.

Best solar feed-in-tariff NSW

If you have a solar PV system, choosing the best energy provider with a good solar feed-in-tariff is just as important as choosing an energy provider with low rates or a high discount. In New South Wales, the current benchmark FiT is between 6c and 7.3c / kWh. This benchmark is not a set rate, however, and providers can choose to set their feed-in-tariff rates as low or as high as they want. In New South Wales, the current feed-in-tariff rates range from 5.5c / kWh up to 20c / kWh depending on the energy provider and plan.

Solar Feed-in-tariffs for selected energy providers
  Minimum FiT Maximum FiT
Origin Energy 7c / kWh 20c / kWh
Energy Locals 9.9c / kWh 14c / kWh
Click Energy 10c / kWh 16c / kWh
AGL 9.5c / kWh 17c / kWh
Amaysim Energy 10c / kWh 16c / kWh
Enova Energy 9c / kWh 16c / kWh

Interested in solar panels?If you don’t yet have a solar PV system installed on your house, New South Wales offers a number of solar rebates and loans to assist households in benefiting from solar energy.

How to switch energy providers NSW

Now that you’ve had the chance to compare energy plans in New South Wales, maybe you've decided you want to switch energy providers. Thankfully switching energy providers in NSW is easy and can be done in a couple of steps:

  1. Choose the energy provider and plan you want and sign up online or over the phone
  2. Provide your personal details, and valid identification to check eligibility
  3. Sit back and relax, your new energy provider will let your previous retailer know you’ve switched
  4. Wait for your final meter reading and bill from your previous provider
  5. Once you’ve received your final bill, you’ll be switched to your new energy provider

 

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