Cheapest Electricity Rates NSW

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Looking for Cheap Electricity Rates in NSW?

Comparing electricity rates can be a relatively time-consuming process, but it is well worth your time. By comparing electricity providers, you can potentially save money on your energy bills by finding a better deal. 

There are plenty of affordable energy companies in New South Wales to choose from. By switching to one of these energy retailers, you’ll not only benefit from more savings but there are a variety of features and perks that energy providers offer that may entice you. Remember, you can choose who you want to sign up with, so it’s important to explore your options in order to find a retailer that fits your budget and personal preferences.

Or, you can call Electricity Monster, and we'll compare energy plans for you. We'll help you find the best deal we have within our network of partnered electricity providers. We handle the entire process for you – from the paperwork to the actual switch. If you’re tired of high energy bills, give us a call, and we’ll help you find the sharpest rates we have.

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Cheap Electricity Plans in New South Wales

In the table below, we've listed some of the best plans offered by electricity providers in New South Wales.

Retailer % Below DMO* Price/year (Est.)
Kogan Energy NSW
Current Kogan First members
22.10% $1,325
Globird NSW
Boost
23% $1,402
1st Energy NSW
1st Smart Saver
22% $1,417
Powershop NSW
Power House
22% $1,424
Simply Energy NSW
Simply Seniors (Simply Members)
22% $1,426
Dodo NSW
Residential Market Offer
21% $1,440
OVO Energy NSW
One Plan
21% $1,452
Sumo Energy NSW
Sumo Switch
20% $1,468
Red Energy NSW
Red EV Saver
19% $1,475
Energy Australia NSW
Flexi Plan
18% $1,498

*New South Wales electricity rates are based on usage of 3911kWh/year for a residential customer on a single rate tariff in the Ausgrid network, the DMO reference price is: $1,827 / year. Click here for more information.

How Can I Get Cheap Electricity Rates In New South Wales?

If you're looking for cheap energy plans, you’ll want to shop around and see your options. There is no shortage of options when it comes to retailers, with popular brands like Origin Energy and Energy Australia currently offering competitive deals. Don’t forget about the smaller retailers as you can find some extremely cost-effective plan offers and benefits you might not find with the energy retailers.

The comparison shopping process can be stressful if you don’t have the time or haven’t switched in years. The good news is that there is a solution.

At Electricity Monster, we’ll help you find the best deal available within our network of partnered electricity and gas providers. We can even help you get connected so you don’t have to spend hours figuring it out yourself. Best of all, comparing cheaper electricity prices with us won’t cost you a thing. Our service is 100% free to use.

How many electricity providers are there in NSW?

Below is a list of all of the electricity providers in New South Wales. If you’re moving home and need a connection or just want to compare electricity and gas plans in New South Wales, give us a call today.

FAQ

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This publication reviews plans in NSW as of 07/02/2024.

Important Points to note are:

  • The plans displayed have been taken from the energy fact sheets published on the retailer's website. We do not guarantee that this information is correct or that it applies to every household in Australia.
  • Comparisons have been made on the peak rates in single rate plans from retailers, plus their daily electricity supply charges.
  • The Citipower network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
  • The Ausgrid network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in NSW.
  • The SA Power Networks network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
  • The Energex network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in QLD.
  • The Evoenergy network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in the ACT.
  • The ACTO network has been used to compare gas plans in WA.
  • The reference price/VDO/GAS comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different from these estimates if your usage differs from the average amounts used in this calculation.
  • The information in this blog cannot substitute for legal advice. No financial decisions should be made based on information from this blog.
  • All dollar figures include GST.
  • The plans displayed may be different than those advertised.
  • The plans offered on this page may not be available in our call center.
  • 'Get Best Offer’ is indicative of the best offer available in our database from our partners 
  • ‘Get More Info’ does not mean we will sign you up for the plan listed. Electricity Monster will provide offers in our database. We do not claim to be affiliated with the retailer.
  • When you click 'Sign Up Now' you agree to be contacted by our energy experts. Plans with said button are affiliated with our partnered retailers only.
  • Electricity plans are now compared to a regulated price called the Victorian Default Offer (VDO). This makes it easier to compare energy plans across the market. The VDO comparison and annual estimate is calculated based on an average usage customer.
  • When calculating our rates we include in the price/year estimate the GST (unless otherwise stated), any advertised non-conditional discounts (e.g. guaranteed discount), and any one-off credits.
  • What's not included in the price/year estimate are conditional discounts, green energy charges, any concessions or rebates which may apply to you, solar feed-in tariff credits that your solar system could generate.
  • The VDO comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.