The Best Electricity Deals in NSW 2020 (Bargain Retailer BREAKDOWN)

* We do not compare all energy providers & have commercial arrangements with our partners.

Retailer Comparison | BY Vimal


Is that smoke I smell? Is your latest electricity bill burning a hole in your pocket?

The New South Wales electricity market consists of over 30 energy retailers offering more than 50 plans. Now, you could go through every NSW energy providers’ website, or you could use our 100% free comparison service. Which one sounds better?

You know who to call, Electricity Monster! We compare electricity rates and give free advice on the best energy plans we can find on the market.  Electricity plans are constantly changing, so give us a call on 1300 232 848 to see what deals we currently have on offer.  

In the table below, we’ve compiled a list of our top 10 Cheap electricity deals available in the Ausgrid network. We have analysed and ranked the plans based on their lowest estimated price, including conditional discounts if available.

10 Best Electricity Deals NSW*

Retailer Name - PlanRef %Estimated Price
ReAmped Energy - ReAmped Advance31% less than DMO$1,004
Mojo Power - All Day Breakfast31% less than DMO$1,004
Nectr - Nectr Friends Clean20% less than DMO$1,067^
GloBird Energy - GloSave19% less than DMO$1,078^
Tango Energy - Home Select26% less than DMO$1,084
Kogan Energy - Market Offer26% less than DMO$1,089
OVO Energy - The One Plan24% less than DMO$1,114
Powerclub - Home Flat24% less than DMO$1,115
Energy Locals - Online Member20% less than DMO$1,121^
Sumo - Sumo Assure22% less than DMO$1,138

*All calculations above are based on a single rate tariff, with a default electricity usage of 3900kWh and are compared to the Default Market Offer (DMO) Reference Price of $1,462.

^ Nectr Friends Clean – Estimated Price includes a $100 signup credit on your 2nd bill

^ GloBird Energy GloSave – Estimated Price includes a 7% Pay On Time discount and 1% Direct Debit discount

^ Energy Locals Online Member – Estimated Price includes a 4% Pay On Time discount

Looking for a cheaper electricity deal? Use our free electricity price comparison service and get yourself a sharper rate!

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* We do not compare all energy providers & plans in the market due to commercial arrangements.

The Big 3 Electricity Providers* 

Let’s take a look at how Australia’s Big 3 electricity providers fare against our best plans in the NSW region. We have done a comprehensive analysis of these 3 energy providers and ranked them against the cheapest deals we could find in the market. 

Retailer Name - PlanRef %Estimated Price
AGL - Essentials18% less than DMO$1,194^
Origin Energy - Origin Go18% less than DMO$1,199
Energy Australia - Total Plan20% less than DMO$1,243^

*All calculations above are based on a single rate tariff, with a default electricity usage of 3900kWh and are compared to the Default Market Offer (DMO) Reference Price of $1,462.

^ AGL Essentials – Estimated Price includes a $50 signup credit on your first bill

^ Energy Australia Total Plan – Includes a $75 credit on your first bill when you sign up

AGL – Essentials

Out of the 2 residential electricity plans that AGL have, it’s their Essentials plan which is the cheapest deal they have on offer.

This deal features fixed rates for 12 months and a one-off $50 credit on your first bill when you sign up for your electricity. But, you can turn that $50 into a $100 credit by signing up both your electricity and gas.  

The Essentials plan features include flexible billing options and AGL Rewards discounts from some of Australia’s biggest brands. 

Origin Energy – Origin Go

Origin Energy is an electricity retailer who cares about their customer, the community and the planet. 

The Origin Go plan features fixed electricity rates for 12 months, flexible payment options and the ease of switching plans without exit fees. Origin Energy also offers customers the ability to track their electricity usage through their Origin App; Your energy in your hands.

Also, if you’re an Everyday Rewards member, you can collect points with your energy and pay absolutely nothing for 25% Greenpower. Nice! 

Everyday Rewards members can get a one-off 5,000 bonus points on signup for each energy type. All you need to do to get these incredible features is to link your Everyday Rewards number when you sign up, and you’re good as gold!

But if you don’t have one, all you need to do is sign up for the Everyday Rewards program before taking on this Origin Go Plan, and you’ll be good to go!

Energy Australia – Total Plan

Who’s up next? It’s one of our partnered providers, Energy Australia. Energy Australia has a big focus on offering simple and affordable electricity plans.

They value their customer relationships and are always looking for ways to improve on that. 

Energy Australia has 3 residential plans on offer, but it’s their Total Plan we’re looking at today.

This deal includes a 15% guaranteed discount off your total energy bill and a $75 credit on your first bill when you sign up. Let’s not forget a $75 credit when you sign up for gas as well!

Also, this offer includes a 12-month fixed-rate period. Also, after 6 months you can opt into a 100% carbon neutral option at no extra cost to you.

Energy Australia has a serious commitment to giving Australians affordable energy without harming the environment. 

Feel like you can get a sharper deal? 

Are you looking to compare electricity providers and their rates? Phone us on 1300 232 848 and speak with one of our energy experts for fast, free and fair advice.

Compare Electricity & Gas Now

We can help compare your energy rates!

By using our service, you agree to our terms
Discover your new Electricity Rates!

So we can quote you via email, we need to search your meter type.

NSW

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* We do not compare all energy providers & plans in the market due to commercial arrangements.

Learn more about great deals

About our cheap electricity deals in NSW

Let’s take a closer look at the energy providers that have made our list of the cheap electricity deals we could find in the NSW market.

ReAmped Energy – ReAmped Advance

ReAmped Energy is an electricity provider who prides themselves on offering simple low prices without the commitment of a lock-in contract. 

With 4 residential plans on offer, it’s their ReAmped Advance plan that takes its place as our cheapest electricity deal in NSW. 

This deal is a prepaid plan where it requires customers to pay fortnightly in advance for their electricity usage. The payment options for this offer is either by direct debit or credit card. 

Other features of this deal include online billing and communication, no lock-in contract and no exit fees. 

This offer backs up ReAmped Energy’s pledge to lead the government price list, so it’s no surprise to see them at the top of our best energy plans in NSW.  

Mojo Power – All Day Breakfast

Coming in the joint top spot is Mojo Power with their All Day Breakfast plan. They’re an Australian owned energy provider with a focus on fairer, transparent energy plans. 

This offer features flexible billing and payment options, no lock-in contract and zero exit fees. Their leading mobile app will enable you to track your usage to see how much you’re spending on your electricity. 

This offer also includes a smart meter install for eligible properties to help you get those accurate energy bills.

This offer allows you the flexibility to use YOUR electricity at any time of the day at the same rate.

Nectr – Nectr Friends Clean

Nectr believes that Australians have the right to choose affordable green energy and are committed to making a positive difference for the environment. 

With 3 residential plans on offer, it’s Nectr’s Friends Clean plan that nears the top of our cheapest energy deals table. This offer features fixed electricity rates for 12 months, a monthly billing period and direct debit or credit payment options. 

Also, Nectr will offset 100% of your used energy’s carbon footprint at no extra cost to yourself. New customers also get a $100 credit on their 2nd bill! 

Nectr’s competitively priced Friends Clean energy plan is an excellent option for customers who want to make a difference without ripping a hole in their wallet. 

Want to get a better electricity deal for free? Give us a call on 1300 232 848 and speak to one of our energy experts today!

GloBird Energy – GloSave

With 2 residential plans on offer, it’s GloBird Energy’s GloSave plan that makes our list of cheap energy deals in New South Wales. 

This deal’s estimated price is less than the reference price due to the 19% guaranteed discount of your total bill. And it gets even better with a 7% Pay On Time discount and a further 1% direct debit discount. 

This Plan includes flexible billing and payment options, no lock-in contract and no exit fees. 

GloBird’s emphasis on low prices and exceptional customer service is backed up by their simple and easy to understand offer. 

Tango Energy – Home Select

Tango Energy is an energy provider who offers competitive rates to suit each individual’s needs. 

Tango Energy’s Home Select Plan is one of the best deals we could find in the NSW market. This Plan features fixed rates for 12 months, no lock-in contract and zero exit fees. 

It also includes flexible billing and payment options with the availability of electronic and paper bills at no extra cost. 

This Plan’s simple low price and award-winning service make Tango Energy’s Home Select offer a bargain. It’s ideal for those who want a better deal whilst supporting Australia’s growing renewable energy sector.

Kogan Energy – Market Offer

Kogan Energy is an electricity provider who prides themselves on providing excellent energy rates and fantastic customer service. 

Kogan Energy’s Market offer comes in with an estimated price that’s significantly less than the reference price. The plan features include a monthly billing period and flexible payment options. 

On top of that, the Plan’s zero exit fees and no contract term further elevates this offers’ value. Kogan Energy also has an app to help you keep track of your electricity usage. 

This deal’s unique features and attractive price makes it one of the most competitive offers we have found on the market.

Want to learn more?

OVO Energy – The One Plan

Finally! One of our partnered providers who have made it into our best deals in the NSW region.

OVO Energy only has 1 plan on offer across Australia, and the name of their Plan tells us precisely that. Their One Plan is a very simple, yet competitive offer that has to be one of the best plans on the market and we’ll tell you exactly why.

OVO Energy has a green approach to electricity, and their One Plan is a perfect example that showcases that. They will purchase the equivalent 10% of your energy usage from renewable energy generators at absolutely no extra charge to you!

OVO Energy also has a Bill Smoothing technology in place. This technology predicts a customer’s energy usage and averages them to ensure they’re paying a similar figure every month. No more bill shock there!

Bonus! If your account is in credit with them, OVO Energy will pay a 3% interest on your balance. But it doesn’t end there! They will pay to offset your carbon footprint from your energy usage. 

Choosing to go with OVO Energy’s One Plan is showing your commitment to Australia’s renewable energy future. At no extra cost! 

Looking to score yourself a sharper rate? Give us a call on 1300 232 848 today!

Compare Electricity & Gas Now

We can help compare your energy rates!

By using our service, you agree to our terms
Discover your new Electricity Rates!

So we can quote you via email, we need to search your meter type.

NSW

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* We do not compare all energy providers & plans in the market due to commercial arrangements.

Powerclub – Home Flat Plan

Who do we have next? With some of the most competitive energy rates on the market, Powerclub is Australia’s one and only member-owned electricity provider. 

Powerclub’s Home Flat plan sneaks into our cheap deals in the NSW region. To be eligible for this offer, customers will have to commit to a $39 annual Powerclub membership fee. Also, this offer is only available through web signup!

This Plan has a monthly billing period, and payment can be via direct debit or credit card. Powerclub has a Bill-Smoothing technology in place to average your electricity bill to ensure you are paying a similar amount each month, especially in times when you end up using more. 

With wholesale energy rates and no exit fees, Powerclub offers you a smashing price to pay for your electricity.  

Energy Locals – Online Member

Sneaking into our best electricity plans in NSW is Energy Locals. They’re an energy provider who targets consumers who want cheaper energy, excellent service, carbon offsets and ZERO hassle. 

Energy Locals has 2 residential plans on offer, but it’s their Online Member plan which puts them on our list of cheap deals.

This offer is an ONLINE only deal and customers have to sign up to a $12.99 monthly membership to access the wholesale rates. On the bright side, you get the first 4 months of your membership for free!

Also, there is an additional 4% discount when you pay on time. This Plan includes flexible billing options but requires your direct debit details for payments. 

This offers’ no contract term and zero exit fees make Energy Local’s Online Member plan one to watch out for!

Sumo – Sumo Assure 

Lastly, we have Sumo, who is an Australian owned and operated energy retailer. Sumo’s Assure plan is the one we’ll be looking at today. 

This competitive offer has an estimated price that comes in significantly lower than the DMO reference price and provides excellent rates for direct debit and electronic bills only.

This deal is not available in all areas, and you MUST meet Sumo’s credit check and other requirements. To be eligible, customers need to sign up online and must agree to receive bills and other communications from Sumo via email. Let’s not forget that this only applies if you pay by direct debit or credit.

But with no lock-in contract, no late payment and no exit fees, Sumo gives you great rates to suit your energy flexibility.

The Cheap Electricity Deals in NSW – Results

Now that’s a lot of info! As consumers, EVERYONE loves a bargain, and that ALSO applies to picking an energy plan. 

But the question you’ve got to ask yourself is, which is the BEST Plan that suits your specific needs?

Do YOU know which Plan you’re going to go with? 

Remember that offers change all the time. So give us a call on 1300 232 848 today! We’ll provide you with fast, FREE, and fair advice on the current energy deals on the market! So what have you got to lose? Wait, did we mention that it’s a 100% FREE comparison service? 

Comparing electricity rates can be so much easier by coming to us. We’ll help you get a sharper rate so that you can relax knowing that your energy is taken care of. 

Compare Electricity & Gas Now

We can help compare your energy rates!

By using our service, you agree to our terms
Discover your new Electricity Rates!

So we can quote you via email, we need to search your meter type.

NSW

18

credit*
By using our service, you agree to our terms

* We do not compare all energy providers & plans in the market due to commercial arrangements.

Disclaimer:

Important points to note are:

  • Some plans may require you to meet certain conditions before a discount becomes available to you. Check the energy provider’s plan information for details of all possible discounts that may apply and any conditions that need to be met to be eligible for these discounts. Consider the provider’s detailed product and pricing information before making a decision to take out a new plan or switch electricity providers.
  • For NSW, calculations are based on a single rate tariff in the Ausgrid network with an annual household usage of 3,900kWh and ranked plans based on an estimated price including GST and any discounts, both conditional and unconditional. The reference % has been calculated based on comparing the difference between the plan unconditional price to the AER reference price of $1,462. The terms of any conditional discounts are shown, along with any further difference between the reference price and the discount applied if a condition is met, expressed as a percentage more or less than the reference price.
  • All calculations have been based off the Price Fact Sheets taken from the respective retailers’ websites.
  • The information in this blog cannot substitute for legal advice. No financial decisions should be made based on information from this blog.
  • This data is accurate as of 01/11/2020

Written by Vimal

Vimal is an energy journalist, obsessed with getting Australians a fair price in an inflated electricity market. Equipped with a Bachelors degree in Marketing, his interests revolve around energy markets.