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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.
A popular and award-winning provider, Red Energy is 100% Australian-owned and operated! Having burst onto the Victorian energy scene in 2004 with a hiss and a roar, Red Energy has since expanded to serve customers all across Australia.
Red Energy prides itself on its customer satisfaction and has won multiple awards for its customer service, which is no small feat in the Australian energy market. Part of the way they maintain such acclaimed customer service is by having a single point of contact for customer inquiries. This means that every customer gets personalised service.
Curious about what other energy companies might be offering? Let Electricity Monster help you compare energy rates.
Supply Area
Red Energy retails electricity and gas across Australia. For energy, they provide residential electricity and gas in New South Wales, Queensland, Victoria as well as South Australia.
Market Offer
Red Energy currently has a number of specials on offer. Recently they’ve partnered with airliner Qantas. Customers of both Red Energy and Qantas can qualify to earn Qantas Airpoints with Qantas Red Saver and Qantas Red Plus. For every dollar you spend on your energy, you can earn between two to seven Qantas points!
In addition to this, Red Energy offers EvenPay, which is their version of bill smoothing. It works by making small payments with greater frequency, as opposed to large payments every now and again.
A standard Red Energy plan (such as Easy Saver or Living Energy Saver) will typically come with no exit fees, a pay on time discount as well as no contract term for electricity or gas.
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Note: Electricity Monster is not in a commercial relationship with Red Energy and therefore will not be displaying Red 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 Red Energy Plan.
CALL NOW 1300 232 848 Compare NowRed Energy, is one of two electricity retailers owned by Australian-based renewables plant operator Snowy Hydro. The company has an extensive variety of plans that cater to the needs of households as well as businesses. As they operate differently in each region, the plans they have for homes and small businesses also vary in subtle ways.*
* All offers are valid as of July 4, 2019.
The offers that Red Energy has in NSW for homes and businesses are identical in their terms to the offers they have in place for Victorian households. Red Energy’s partnership with Australian airline Qantas continues in the NSW region as well, with the Qantas Red Saver and the Qantas Red Plus, both currently running. The focal point of both plans remains the free airline points from Qantas when you sign up. You will receive 10,000 points for electricity and 5,000 additional points for also getting your gas connection with Red Energy. Those who choose to go with one of these plans can earn two airline points for each dollar that they spend on their electricity and gas bill. Under the Qantas Red Plus, airline points added for each dollar towards your electricity and gas bill goes up to 7. The Qantas Red Saver has neither exit fees nor contract terms involved.
The standard offer for the NSW market is the Living Energy Saver, which comes with a 10% pay on time discount off your entire bill. The plan is floated with up to 4,500 rewards through their entertainment discount scheme, the Red Energy Rewards. With a chance to choose from thousands of offers and discounts related to movies, dining, stay or tourism, NSW customers, will be left spoilt for choice. In terms of the DMO reference bill in the state, the Qantas Red Saver, Qantas Red Plus and the Living Energy Saver plans match the NSW reference price almost exactly!
If you are a business owner in NSW, the Red Easy, Qantas Red Saver and Qantas Red Easy are three plans on offer for small businesses. Red Energy’s Red Easy gives you access to a range of flexible payment options while showcasing zero exit fees and no contract periods. Much like its name, the Qantas Red Saver and Qantas Red Easy plans relate to earning airline points on Qantas Airlines. Compared to the business DMO reference prices for NSW, the Red Easy plan is a solid 20% lower!
Victoria remains one of the most competitive electricity markets in Australia, and Red Energy has responded to this competition through their market offers. The company recently began a partnership with airline operator Qantas. Qantas Red Saver, as well as the Qantas Red Plus, are two plans currently running in Victoria. Both plans offer a sign-up incentive of 10,000 Qantas points for choosing an electricity plan, along with an extra 5,000 points if you also select a gas connection with Red Energy. It’s worth mentioning that both plans have no contract terms and therefore, no exit fees. Under the Qantas Red Saver plan, Red Energy customers will receive two Qantas airline points for every dollar they spend on their electricity and gas bills.
On the other hand, the Qantas Red Plus gives you seven Qantas points for every dollar you are charged on your electricity and gas bills. The standard market offer for Victoria, however, is the Living Energy Saver. The plan comes with no contract or exit fees involved as well as a 10% pay on time discount on your total bill. An additional incentive floated is the access to more than 4,500 offers across Australia and New Zealand, including dining, hotel rooms, groceries or tickets to movies as well as tourist attractions through Red Energy’s entertainment program called Red Energy Rewards.
Are you a small business in Victoria looking to save on electricity costs? Red Energy’s Red Easy services small businesses as well, with simple terms that charge no exit fees or tie your business down to a contract. The Qantas Red Saver and the Qantas Red Plus are Red Easy’s offerings to businesses that showcase their airline points program with Qantas Airlines.
In the most expensive state in Australia, the plans Red Energy have on offer may solve a few problems for households and businesses in the region. For South Australian homeowners that are keen to travel, Red Energy’s business partnership with Qantas comes in handy. The Qantas Red Saver and the Qantas Red Plus are plans offered through the collaboration of these two companies that have no contract or hefty exit fees. 10,000 Qantas airline points arrive on either plan on setting up your electricity connection with Red Energy. Want a bigger bump? 5,000 additional airline points await customers who also get their gas from Red Energy. Still not enough? Red Energy’s other plans have you covered. You will collect two bonus points for each dollar you spend on your electricity and gas bill under the Qantas Red Saver, going up to as much as seven points under Qantas Red Plus. The standard market offer from Red Energy is the Easy Saver, equipped with zero contract terms and no exit fees. While not decorated with fancy airline rewards, the Easy Saver keeps it simple with a nice 10% pay on time discount off your entire bill. All of Red Energy’s residential plans match the DMO offer price in the state.
For businesses in South Australia, Red Energy has made the Red Easy plan available, which offers no-contract periods or exit fees. Additionally, an option for monthly billing allows businesses to manage their finances in a more organised manner. For businesses that thrive on airline points, the Qantas Red Saver and the Qantas Red Easy are Red Easy’s offerings in collaboration with Qantas Airlines. The Red Easy plan is an excellent 13% below the DMO reference bill for businesses in SA.
Red Energy’s partnership with Qantas airline continues in Queensland, with the Qantas Red Saver and the Qantas Red Plus both in the mix. Airline points are useful in booking tickets, hotel rooms or rental vehicles. If you and your family are looking to see the world, Red Energy’s tie-in with Qantas can be beneficial. Both plans, the Qantas Red Plus and the Qantas Red Saver, reward you with 10,000 points on signing up with Red Energy on an electricity connection, adding 5,000 points on getting your gas connected with Red Energy as well. In addition to this, on the Qantas Red Saver, you will receive two airline points for each dollar of energy you’re charged for on your bill. Through the Qantas Red Plus plan, the airline points reward on offer jumps to seven for each dollar spent. The standard market offer for Queensland homes is the Easy Saver that boasts zero term contracts and a 10% pay on time discount off your entire bill. In comparison to the DMO reference bill in the state, the residential plans from Red Energy work out to almost exactly match them.
Are you a business in Queensland looking for a connection? Red Energy offers the Red Easy, Qantas Red Saver and Qantas Red Easy for small businesses. Red Energy’s Red Easy gives you access to a stepped rate plan, as well as a range of flexible payment options while showcasing zero exit fees and no contract periods. The Red Easy plan works out to be a magnificent 17% lower than the DMO reference bill for businesses in the Energex network! Much like its name, the Qantas Red Saver and Qantas Red Easy are in relation to airline points on Qantas Airlines.
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Red Energy is owned by Snowy Hydro Limited, which in turn is owned by the Federal Government, making Red Energy 100% Australian-owned and operated. Being 100% Australian owned and operated is a significant point of pride for Red Energy, as many electricity providers in Australia often have large overseas shareholders. They see their Australian ownership as a part of what makes them different from the other providers. Whereas other providers might be somewhat disconnected from regular Australians, Red Energy is the opposite.
Generation
Red Energy is an electricity retailer, not a generator, this means they don’t generate any electricity. Instead, they sell it to customers like you. However, their parent company Snowy Hydro generates a significant amount of electricity, usually through renewable means. They own and operate a number of hydroelectric dams throughout NSW as well as a few diesel and natural gas extraction plants. All told, Snowy Hydro generates about 4500 GWh of renewable energy every year.