Diamond Energy Vs Energy Australia

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Diamond Energy Vs Energy Australia - Who Offers the Cheapest Plans?

The main difference between Energy Australia and Diamond Energy is the plan rates. Both retailers have competitive market offers, but one brand gives consumers more value for their money. Read below to find out more.

In our latest article, we cover two unique energy providers, Energy Australia and Diamond Energy. If you’re wondering what each has to offer, we’ve got you covered. From the latest energy plans to each retailer’s current solar feed-in tariff rates, you’ll get an in-depth look at each provider so you can see if they’re right for you.

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Diamond Energy vs Energy Australia Plans NSW

In NSW, Energy Australia’s Flexi plan is more cost-effective than Diamond Energy’s Every Renewable Saver plan.

Plan Name % Below DMO* Price/year (Est.)
Energy Australia NSW
Flexi Plan
18% $1,484
Diamond Energy NSW
Everyday Renewable Saver
3% $1,756

*Calculated based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network. The DMO reference price is: $1,810 / year. Click here to view plan energy fact sheets.

Diamond Energy vs Energy Australia Plans VIC

In VIC, Energy Australia’s Flexi plan is more cost-effective than Diamond Energy’s Every Renewable Saver plan.

Plan Name % Below VDO* Price/year (Est.)
Energy Australia VIC
Flexi Plan
12% $1,281
Diamond Energy VIC
Everyday Renewable Saver
3% $1,414

*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network. The VDO reference price is: $1,456 / year. Click here to view plan energy fact sheets

Diamond Energy vs Energy Australia Plans QLD

In QLD, Energy Australia’s Flexi plan is more cost-effective than Diamond Energy’s Every Renewable Saver plan.

Plan Name % Below DMO* Price/year (Est.)
Energy Australia QLD
Flexi Plan
5% $1,963
Diamond Energy QLD
Everyday Renewable Saver
3% $2,004

*Calculated based on usage of 4600kWh/year for a residential customer on a single rate tariff in the Energex network. The DMO reference price is: $2,066 / year. Click here to view plan energy fact sheets.

Diamond Energy vs Energy Australia Plans SA

In SA, Energy Australia’s Flexi plan is more cost-effective than Diamond Energy’s Every Renewable Saver plan.

Plan Name % Below DMO* Price/year (Est.)
Energy Australia SA
Flexi Plan
7% $2,074
Diamond Energy SA
Everyday Renewable Saver
3% $2,163

*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the SA Power Networks. The DMO reference price is: $2,230 / year. Click here to view plan energy fact sheets.

Diamond Energy vs Energy Australia Plans ACT

In ACT, Diamond Energy does not service the area. Energy Australia offers better value by default.

Plan Name % Below DMO* Price/year (Est.)
Energy Australia ACT
Flexi Plan
7% $2,270

*Calculated based on usage of 6100kWh/year for a residential customer on a single rate tariff in the Evoenergy network. The DMO reference price is: $2,432 / year. Click here to view plan energy fact sheets.

Diamond Energy Vs Energy Australia Solar FiT

Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by Diamond Energy and Energy Australia. Solar feed-in tariffs have become a popular topic in the solar market, offering numerous financial benefits for solar owners. Have questions about solar plans? Call us today and speak with one of our solar experts to learn more.

State Diamond EnergyDiamond EnergyEnergy AustraliaEnergy Australia
NSW 5.20 12.00
QLD 5.20 12.00
VIC 5.20 12.00
SA 5.20 12.00
ACT n/a 12.00

Diamond Energy vs Energy Australia Features

Energy Australia and Diamond Energy have an array of exciting features that come exclusive with being a customer. From a full-service online account to various rewards, energy retailers are attracting customers with a bundle of features. Want to see what Energy Australia and Diamond Energy offer? Read more below.

Features
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Monthly Billing
Bill Smoothing
Online Account
Energy App
Rewards
Green Power Option
Carbon Neutral Option
Internet Bundles

Diamond Energy vs Energy Australia Payment Options

Wondering whether Diamond Energy or Energy Australia accepts your preferred billing method? Before you switch retailers, it’s always wise to check if your payment method is accepted.

Payment Option
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Credit Card
Direct Debit
Phone
BPAY
Post Office
Centrepay
Cheque

Energy Australia vs Diamond Energy Renewables

Does Diamond Energy or Energy Australia rank high in renewable energy support? Retailers are transitioning to green energy and promoting their efforts. However, it’s important to see the actual data so you can see what metrics are used and how well they fared. 

Energy Australia and Diamond Energy participated in a study that measured their efforts toward sustainability and support for renewable energy. The data shown below was pulled from the Green Electricity Guide (GEG) by Greenpeace. 

Energy Australia scored relatively high in its overall support for renewable energy, with an impressive 8 out of 10.

However, outside of their transparency in marketing, this is the only other category Energy Australia performed well on.

On the other hand, Diamond Energy owns the top spot on the Green Electricity Guide with perfect tens in every category.

The overall rating given by the Green Energy Guide has Energy Australia listed at an underwhelming 1.35 out of 10 and Diamond Energy at an outstanding 10 out of 10.

Criteria
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Providing clean, renewable energy10/100/10
Ending coal use by 203010/100/10
Halting fossil fuel expansion10/100/10
Support for new renewable energy10/108/10
Pollution & environmental harm10/100/10
Transparency in marketing10/103/10

Diamond Energy vs Energy Australia Results

CategoriesWinner
Electricity Prices
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Solar FiT
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Features
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Payment Options
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Renewables
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Should I Switch to Energy Australia or Diamond Energy?

There you have it. Both retailers have a number of attractive offers and are competitive in their own right. Regarding electricity prices, Energy Australia showcased exceptional rates, beating Diamond Energy with its impressive plan offers. When it comes to features and solar feed-in tariffs, Energy Australia’s catalogue of incentives and high solar rates make them a better choice over Diamond Energy. Diamond Energy showcased its industry-leading renewable energy support in the renewables sector with a perfect score on the Green Electricity Guide. 

But before switching to either one of these retailers, we recommend phoning us at Electricity Monster on 1300 232 848 and let our energy experts work to find you the best deal we have available. 

If you’re worried about overpaying on your energy bill, need a new connection, or just want to switch to a new electricity provider, give us a call at 1300 232 848. At Electricity Monster, we offer various free solutions to help you find a fair deal. Best of all, our comprehensive service is 100% free to use, and our energy experts pride themselves on finding you the best deal we have available. Don’t settle for high rates in this volatile energy climate, call us today and secure the best deal we have available.

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Disclaimer

This publication reviews Diamond Energy and Energy Australia’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 03/09/2024. 

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 to 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 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 
  • Data regarding renewable energy was pulled from the publication Green Energy Guide by GreenPeace.Plans from the rate tables have been listed in order of lowest price first. Please check the details of these plans directly with the retailer before making any purchase decisions.
  • 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.
Benjamin Tom

Benjamin Tom covers the retail energy market, with a focus on electricity, solar, and Internet. His interests include helping people navigate the complexities of the energy market while saving money on their power bills.