Energy in NSW | Compare Electricity Plans Sydney

By Sarah Sheedy

Energy & Telecom SEO Specialist

Looking for the cheapest electricity in NSW? We've got you covered. In this guide, we'll look at a list of the cheapest electricity plans in NSW to help you find the cheapest energy provider possible for your next energy contract. We also compare energy plans in NSW based on the following categories: Cheap energy plans, 100% carbon-neutral plans, wholesale electricity plans, solar feed-in tariffs, and more. Read on to see the best electricity deals NSW, and additional information about the energy market in NSW.

Electricity Plans in NSW

If you’re looking for the cheapest electricity prices in New South Wales, you may need to switch suppliers. You can find a more detailed breakdown of the cheapest electricity providers in the city by reading more below.

Here is a list of the electricity plans in NSW:

Compare Gas Plans New South Wales

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.

Energy Providers NSW

Now that you’ve seen the cheapest electricity & gas plans in NSW, and understand what to look for when comparing cheap electricity plans, let's talk about some of the providers that offer the best electricity in NSW.

New South Wales has the greatest choice for energy providers, with over 30 retailers consumers can choose from.

This is great news for those living in the state, as people in NSW pay some of the highest energy bills within the NEM. With a little information, customers can better understand the energy market in New South Wales and thus make better and more informed decisions on their energy provider and usage to help them save money and reduce their energy consumption.

See all Energy Providers in New South Wales

Below we outline some of the top energy providers in the state below

• 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?

There is several way to compare Energy plans in NSW. If you want to find cheapest electricity plans, you need to know Default Market Offer (DMO).

Default Market Offer (DMO) is the reference price which is set by government to protect and inform consumers. And this DMO has two main functions:

1. To protect consumers from exponential energy prices if they choose not to engage with the energy market and instead remain on the Standing Offer. While the Standing Offer doesn’t necessarily offer the cheapest energy rates on the market it does prevent energy providers from charging you more if you don’t qualify for, or choose not to subscribe to, a discounted Market Offer.
2. To inform consumers about energy plan prices and how much less (or in some instances more) expensive an energy retailers market offer is, compared to the standard offer. This is often shown as “X% off the Reference Price” in the details about an energy providers electricity plan.

Here is the Default Market Offer (DMO) by Distribution Network.

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 NSW

After South Australia, NSW has the second highest energy costs in Australia. Households spend an average of $1,627 per year for on energy for homes without a pool.

These numbers might look scary but the best way to combat these rising costs is to utilize energy-saving measures, from small tips and tricks such as unplugging appliances you aren’t using, to larger total-home renovations to increase your total energy efficiency.

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 $285/year
• Senior Energy Rebate: Up to $200/year
• Pension Supplement NSW: Combines multiple concessions including the utilities concession
• Life Support Rebate NSW