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CovaU Review
CovaU offers a multitude of services to residents in VIC, QLD, NSW, SA, and ACT. With convenient bundling options with utilities such as gas, insurance, and mobile services, there’s alot to like.
Did you know that you have a choice when it comes to choosing your plan? At Electricity Monster, we compare rates between our partnered electricity providers to find you the best deal we have available.
CovaU services electricity to nearly over 7,000 customers across five states, and claims to provide competitive rates with monthly installments for paying bills.
This detailed CovaU Energy review covers an array of topics you might find useful such as a breakdown of their current energy and gas plans, service areas, potential discounts, and more. Read below to see if CovaU Energy is right for you.
CovaU Energy Plans Victoria
In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by CovaU Energy in Victoria (VIC). Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.
| Plan Name | % Below VDO* | Price/year (Est.) |
|---|---|---|
| Super Saver | 3% | $1,413 |
| CovaU Basics | 0% | $1,456 |
*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
CovaU Energy Plans NSW
In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by CovaU Energy in New South Wales (NSW). Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
| Freedom | 17% | $1,497 |
| CovaU Basics | 3% | $1,749 |
*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.
CovaU Energy Plans Queensland
In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by CovaU Energy in Queensland (QLD). Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
| Freedom | 18% | $1,688 |
| Solar Boost | 5% | $1,969 |
| CovaU Basics | 4% | $1,974 |
*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.
CovaU Energy Plans South Australia
In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by CovaU Energy in South Australia (SA). Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
| Freedom | 6% | $2,101 |
| CovaU Basics | 1% | $2,202 |
*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.
CovaU Energy Plans ACT
In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by CovaU Energy in ACT. Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
| CovaU Basics | 1% | $2,418 |
*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.
CovaU Solar Feed-In Tariff Rates
In the table provided, you will find the latest solar tariff feed-in rates that CovaU offers in Victoria, South Australia, New South Wales, ACT and Queensland.
| State | Minimum FIT (c/kWh) | Maximum FIT (c/kWh) |
|---|---|---|
| VIC | 4.90 | 4.90 |
| NSW | 5.50 | 5.50 |
| QLD | 5.50 | 10.00 |
| SA | 5.50 | 5.50 |
| ACT | 5.50 | 5.50 |
CovaU Electricity Plans
CovaU Energy offers a number of unique electricity plans for residents in VIC, NSW, QLD, ACT and SA. Due to the current volatility of the energy market, some plans may not be available in your state. Be sure to check with the retailer directly to learn more about plan availability.
Freedom
CovaU's Freedom plan includes a guaranteed discount on electricity usage charges. Ideal for residential customers who want a competitive rate with zero exit fees and no lock-in contract, the Freedom plan also includes access to CovaU's Rewards program, which includes discounts and specials offers from over 4,500 businesses and stores.
Super Saver
The Super Saver plan is a variable rate plan that includes guaranteed discounts off electricity usage charges – similar to the Freedom plans. Customers can expect zero exit fees meaning they can leave when they choose without incurring penalties.
CovaU Energy Gas Plans
CovaU offers gas plans to residents in VIC, NSW, QLD, SA, and ACT. Some of these plans include:
- Freedom
- Freedom Plus
- Super Saver Plus
CovaU Online Resources
CovaU offers little by way of online resources. Customers can however, browse their website for energy-saving tips or reach out to their customer service via their online chat.
CovaU Rewards Program
CovaU offers their customers access to a rewards program that includes thousands of incentives, discounts, and exclusive deals including:
- Cinemas
- Theme parks
- Gyms & spas
- Travel
- Gift Cards
- Restaurants
How Green is CovaU?
CovaU partook in a study documenting its efforts toward supporting renewable energy sources. Data drawn from the Green Electricity Guide by GreenPeace is categorised into six different criteria that measure numerous aspects such as providing clean, renewable energy, pollution & environmental harm, and more. The energy companies are then given a score from 0 to 10, with 0 being the lowest.
CovaU Energy scored a modest 4.14 out of 10 in overall performance, leaving them in the middle of the pack.
They did, however, score a perfect 10 out of 10 in halting fossil fuel expansion.
CovaU’s second-highest score is in pollution and environmental harm, with an average of 5 out of 10.
| Feature | Score |
|---|---|
| Providing clean, renewable energy | 3/10 |
| Ending coal use by 2030 | 0/10 |
| Halting fossil fuel expansion | 10/10 |
| Support for new renewable energy | 4.6/10 |
| Pollution & environmental harm | 5/10 |
| Transparency in marketing | 3/10 |
Billing and Payment
CovaU accepts numerous flexible payment options including, but not limited to:
- Online
- Direct Debit
- Phone
- BPAY
- In Person
- Centrepay
How to Contact CovaU Energy
CovaU offers numerous ways to get a hold of them when it comes to general enquiries, billing questions, and more.
Billing questions and concerns can be answered via their phone support line, email correspondence, or online account management portal.
CovaU Service Area
Wondering if CovaU services your area? In the table below, you’ll find a list of all of the states that CovaU offers gas and electricity services to:
| State | Electricity | Gas |
|---|---|---|
| NSW | ||
| VIC | ||
| ACT | ||
| SA | ||
| QLD |
Is CovaU Right for Me?
CovaU is a small retailer that offers competitive offers, a rewards program, and a monthly billing option, just to name a few. While they remain somewhat competitive in the current retail market, there aren’t specific plans that stand out when compared to other providers.
That being said, even if you are keen to sign up with this retailer, it is wise to compare plans and shop around to ensure you don't overpay for energy.
Electricity Monster can help you forgo the nuances of shopping for electricity. With a fast and free consultation, we’ll help you find a fair deal. Don’t wait! Call us today!
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Disclaimer:
This publication reviews CovaU’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.
- 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.
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