WHAT WE DO
Electricity prices have been continuously rising in Australia, and it’s all over the news. Many families & businesses are struggling with these expensive power prices. Electricity Monster is a broker that compares rates from our partners.
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WANT LUMO ENERGY?
Why Lumo Energy?
Lumo Energy offers customers excellent value for the money they spend on energy. Customers can also expect sign-up credits, e-Billing, flexible payment choices and direct debit options.
Lumo Energy provides electricity and gas to customers in Victoria and South Australia.
Lumo Energy’s mission is tied with Snowy Hydro’s – its parent company. Through its risk management products – that seek to balance maximum returns with financial risk exposure – the company aims to provide top financial returns.
Lumo presents three options for Victorian homes and businesses – Lumo Basic, Lumo Value and the Lumo Movers. While the Lumo Basic is a simple, low rate plan, the Lumo Value and Lumo Movers plans showcase pay on time discounts.
For SA homes and businesses, there are two plans to choose from – the Lumo Basic and the Lumo Movers. Both plans showcase flat rates, without any confusing ongoing credits or discounts. You will, however, receive a credit when you sign up!
Delighting its customers is vital to Lumo’s mission. Excellent customer service is central to the way Lumo operates.
All plans from Lumo Energy have no lock-in contracts, which is excellent for customers who constantly are searching for a better rate! If you’re interested in Lumo, comparing electricity retailers is a great idea, and Electricity Monster is here to help you do just that.
Lumo Energy is the retail arm of Snowy Hydro, which is 100% Australian-owned. Snowy Hydro has owned Lumo since 2014, and thus joins Red Energy – another 100% locally-owned Snowy Hydro electricity retailer, in retail operations. In October 2017, Lumo boasted 500,000 customers and employed 500 staff.
Through its parent company, Snowy Hydro Limited, Lumo Energy customers receive their energy supply from Snowy Hydro’s hydro-electric power and gas-fired peaking plant.
This enables Lumo to draw from Snowy Hydro’s Cooma-based generation, which includes:
- 3,900 MW hydro-electric generation capacity
- 680 MW pumping capacity
Lumo also draws on Snowy Hydro's open cycle gas-fired generation resources located in Victoria:
- Latrobe Valley – 3000 MW
- Laverton – 320 MW
How to compare Lumo Energy rates?
To compare your Lumo Energy Rates with rates from our providers please submit your details above or feel free to call us on 1300 232 848 to have one of our Electricity brokers help you find a better deal today.
Note: Electricity Monster is not in a commercial relationship with Lumo Energy and therefore will not be displaying Lumo Energy rates and plans in our comparison table. We do however include plans and rates from other retailers we are partners with which you can compare electricity against your Lumo Energy Plan.