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Diamond Energy Review

Despite disruptions to the energy market, Diamond Energy is still accepting new customers and reviews applications on a case-by-case basis..

Looking to reduce your family’s carbon footprint and lower your power bill? You may want to consider going solar as recent wholesale electricity prices have caused power bills to spike dramatically. Diamond Energy has an immense understanding of the solar requirements of Australian consumers and can streamline the process if you are considering going solar. 

This is a company that prides itself on its end-to-end service mantra, from overseeing the installation of panels to updating feed-in tariffs – where your family could get paid for generating renewable electricity in the grid. Diamond Energy services customers in New South Wales, Queensland, Victoria and South Australia

Did you know that you have a choice when it comes to choosing your electricity? At Electricity Monster, we compare rates between our partnered electricity providers to find you the best deal we have available. Call us today on 1300 232 848 to see how we can help. 

This detailed Diamond 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 Diamond Energy is right for you.

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Diamond Energy Plan Victoria

In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by Diamond 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.)
Everyday Renewable Saver 0% $1,571

*Victoria electricity rates are based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network, the VDO reference price is: $1,571 / year. Click here for more information.

Diamond Energy Plan NSW

In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by Diamond 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.)
Everyday Renewable Saver 0% $1,827

*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.

Diamond Energy Plan Queensland

In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by Diamond 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.)
Everyday Renewable Saver 0% $1,969

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Diamond Energy Plan South Australia

In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by Diamond 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.)
Everyday Renewable Saver 0% $2,279

*South Australia electricity rates are based on usage of 4011kWh/year for a residential customer on a single rate tariff in the SA Power Networks, the DMO reference price is: $2,279/ year. Click here for more information.

Diamond Energy Electricity Plans

Diamond Energy offers a number of unique electricity plans for residents in VIC, NSW, QLD, 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.

Diamond Energy Business Plans

Diamond Energy retails electricity and gas plans for both small to medium businesses as well as larger enterprises. With distinctive plans, business owners can choose exactly what they need. 

Business electricity plans and rates may vary based on region. If you are looking for assistance on choosing a business energy plan that is right for you, contact our expert energy experts at 1300 232 848 today.

Diamond Energy Solar Feed-in Tariff Rates

In the table provided, you will find the latest solar tariff feed-in rates that Diamond Energy offers in Victoria, South Australia, New South Wales, and Queensland.

State Minimum FIT (c/kWh) Maximum FIT (c/kWh)
NSW 5.20 5.20
QLD 5.20 5.20
VIC 5.20 5.20
SA 5.20 5.20

Diamond Energy Service Area

Wondering if Diamond Energy services your area? In the table below, you’ll find a list of all of the states that Diamond Energy offers gas and electricity services to:

State Electricity Gas
NSW
VIC
SA
QLD

Diamond Energy Online Resources

Diamond Energy customers generally handle their billing and payment needs though their online account, “MyAccount”.​​ There, customers have the option to:

  • View billing history
  • Change payment method
  • Pay any due bills
  • Manage contact information
  • Track electricity usage
  • Enjoy energy saving tips

How Green is Diamond Energy?

Diamond Energy is well-known for their renewable energy efforts. The green retailer also owns over a thousand rooftop solar installations and is the first retailer to offer an export tariff for home batteries.

Diamond Energy partook in a study that documented 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.

Diamond Energy was listed as the greenest retailer scoring a perfect 10 out of 10 in all categories, beating every retailer in the report.

According to Diamond Energy, they ‘go beyond carbon neutral; and deliver more electricity sourced from renewable energy than their customers consume. This mantra has allowed them to thrive in the renewable energy sector and offer a broad portfolio for their customer base.

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

Billing and Payment Options

Diamond Energy accepts a myriad of flexible payment options including, but not limited to:

  • Credit Card 
  • Direct Debit
  • Electronic Funds Transfer (ETF)
  • BPAY
  • Post
  • Mail
  • Bill Smoothing
  • Centrepay 

How to Contact Diamond Energy

Diamond Energy offers numerous ways to get ahold 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 through their online account management portal.

Is Diamond Energy Right for Me?

Diamond Energy may be an attractive option for solar owners or homeowners who consider a strong renewable energy generation portfolio as a major selling point. According to Diamond they offer ‘innovative solutions to maximise solar and batteries’ and also support communities to access renewable energy. Diamond Energy’s competitive FiT rates, simple plan structure, and added GreenPower make this retailer an enticing choice.

That being said, electricity rates vary from state to state, so it is important to take your time when searching for an electricity or gas plan that fits your needs. Furthermore, you’ll want to keep your options open and consider several retailers before switching. This is where we can help. At Electricity Monster, we work to find you the best deal we have available. If you believe you’re overpaying for electricity, call one of our energy experts today.

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Disclaimer:

 

This publication reviews Diamond Energy’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 02/11/2023.

 

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.