Synergy

Premium Partner

Compare Synergy Plans & Rates

See how much less you can pay on electricity & gas rates

  • WA's Largest Electricity Gen-Tailor
  • Over 1 Million Residential, Business and Industry Customers
Sick of High Electricity Bills?
We can help compare your energy rates!

* We do not compare all energy providers and have commercial arrangements with our partners.

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.

  • Electricity Broker
  • 100% Free Service
  • Peace of Mind Guarantee

95,000

CUSTOMERS

THINKING ABOUT SYNERGY?

Why Synergy?

Synergy is the largest electricity supplier in Western Australia. In addition to having significant power generation capacity, they also retail gas to business customers. So far they have serviced over a million people in Western Australia.

Synergy is a state-owned enterprise, meaning that the Western Australian government and the Western Australian taxpayer, are its owners. This also makes the company 100% Australian owned and operated.

Supply Area

Synergy operates along Western Australia’s South-West Interconnected System (SWIS). This network extends from Kalbarri in the north, to Kalgoorlie in the east, and down south in Albany. When you add in Perth, you’ll find Synergy retails electricity to over 50% of Western Australians.

Whether you’re a homeowner or a small business owner, you have to use Synergy for an electricity connection. They also service large industrial customers as well.

Our mission at Electricity Monster is to provide you with the sharpest residential electricity rates we have based on your tariff & usage.

CORY MCGOWN

CORY MCGOWN

Energy Analysis Expert

Synergy’s Dominance

Synergy currently supplies customers in WA who are in the SWIS (South West Interconnected System). The SWIS represents the zone in WA with the most population. Synergy has been granted a monopoly on selling electricity to residential and other small-scale business customers who do not consume a lot of power. The company also sells gas to large-scale customers such as industries. Large scale businesses that use over 50,000 kWh a year in power, however, can choose another electricity retailer if they want to. Small-scale users in the SWIS region, however, are termed “non-contestable customers” and can only get their power from Synergy.

The company’s government-backed monopoly may possibly end in the future, however, as the call for full competition grows louder. Opening up the SWIS region for more competition was a fundamental reform put forward by a 2016 review of the wholesale electricity market by the Economic Regulation Authority. It has been maintained that more competition will bring prices down and help customers in WA. The benefits of state-owned power generation cannot be understated in any manner. Regulation of gas prices in WA has made gas affordable and available for gas customers in remote regional locations. To do this, WA state governments have had a subsidy in place for a few years. It remains to be seen if private competition will be able to maintain the gains for those customers in regional WA in remote, hard to access quarters of the state.

As of now, however, the monopoly Synergy and other WA government-run companies have remains, as the state government seemingly drags its feet on plans for full retail competition. Energy minister Ben Wyatt justified the decision by claiming that it is still up in the air if the retail competition has delivered benefits for customers in the east coast of Australia.

How to get connected to Synergy?

To find out more about Synergy, organise a connection or to switch to Synergy call us on 1300 232 848 or submit your detail to have one energy experts help you.

SYNERGY MARKET OFFERS

Synergy offers some different plans for your home or business as well as a Renewable Energy Buyback Scheme. They also have an extensive solar programme if you’re looking to save a little bit extra on your power bill. Synergy is also running a trial of a very modern Electric Vehicle plan for homes that gives you an incentive for the first year you join. *

* All offers are valid as of April 15, 2019.

WA Residential Electricity

Home Plan

  • Flat rates that remain fixed
  • No fixed contract
  • No exit fees

Smart Home Plan

  • Variable rates based on time-of-use
  • No fixed contract
  • No exit fees

Smart Home Plan

  • Combined bill for your home and business
  • No fixed contract
  • No exit fees

Mainly, for residential properties, Synergy offers three kinds of products – Home Plan, Home Business Plan and the Smart Home Plan, each different based on the way you use electricity.

Home Plan
Smart Home Plan
Home Business Plan

WA Small Business Electricity

Business Plan

  • Government-regulated tariff
  • Stepped rates
  • For low/medium voltage businesses

Business TOU Plan

  • Off-peak rates apply
  • Time of Use Meter required
  • No fixed term

Home Business Plan

  • Combination of residential and business usage rates
  • No fixed term
  • For low/medium voltage businesses

Small businesses in WA enjoy three different power plans from Synergy that is based on government-regulated tariffs – Business Plan, Business Time of Use and the Home Business Plan. In order to be eligible for these plans, businesses must spend less than $14,000 a year on power.

Business Plan
Business Time of Use
Home Business Plan

For each of their plans Synergy also provides access to a business support team to handle all grievances of their business customers effectively.

WA Large Business Electricity

Business Saver Plan

  • 5% discount off usage charges
  • 24-month contract
  • Interval meter included

Business Flexi Plan

  • Lower rates than the government-set prices
  • 24-month contract
  • Interval meter included

Business Fixed Plan

  • Usage rates that remain fixed
  • 24-month contract
  • Interval meter included

Large businesses in WA are termed “contestable customers” if they use above 50,000 kWh of electricity every year. Contestable customers can choose their own electricity retailer and need not be tied down to Synergy. Synergy provides large businesses with three distinct power plans – Business Saver, Business Flexi and Business Fixed. In order to be eligible for these plans, businesses must spend at least $14,000 a year on electricity.

Business Saver Plan
Business Flexi Plan
Home Business Plan

For each of their plans, Synergy also extends a dedicated business support team to deal with any queries of business owners. Beyond these plans, Synergy also has plans that are suited for large businesses that would like low voltage or high voltage electricity supplied to their premises.

WA Business Gas

MW/SW Non-residential Gas

  • No fixed term
  • For businesses that spend over $6,400 on gas per annum

Business Gas Flexi Plan

  • Rates that are up to 25% lesser than government-set prices
  • For businesses that spend at least $6,400 on gas per annum

Gas Sales Agreement

  • Variable rates based on negotiation
  • For businesses that spend at least $40,000 on gas per annum

Synergy extends three gas plans for businesses in WA – Mid-west/South-west Non-residential Gas Supply, Business Gas Flexi and Gas Sales Agreement.

Mid-west/South-west Non-residential Gas Supply plan
Business Gas Flexi plan
Home Business Plan

For each of their plans Synergy also provides access to a business support team to handle all grievances of their business customers effectively.

Our Service Explained

Step 01
Enter Details

Step 02
Compare

Step 03
Choose Plan

Step 04
Switch

About

Synergy was born of the West Australian energy reforms in 2006. Initially, West Australian energy was wholly controlled by the State Energy Commission, which later split into Alinta and the Western Power Corporation. The 2006 reforms divided the Western Power Corporation into four new companies, two of which were Verve Energy (a generator) and Synergy (a retailer).

Eight years later, Synergy and Verve merged into one company, also called Synergy. Synergy today has the capabilities to both generate and sell retail electricity in Western Australia. In 2015, a new round of government reviews saw Synergy given the green light to also retail gas to Western Australians, solidifying their stable position in the market.

My Account

With Synergy’s online space named ‘My Account’, customers can now access a range of services from the comfort of their homes. These services include:

  • Making and managing bill payments
  • Setting up a direct debit payment option
  • Pay smaller amounts to avoid bill shock
  • Apply for an extension to pay bills
  • Arrange for your connection to be transferred
  • Keep tabs on your account balance
  • Monitor your power usage

Generation

Synergy's generation capacity is ever growing. They have power stations dotted all around the state, but the major ones are:

  • Collie Power Station
  • Kwinana Power Station
  • Cockburn Power Station
  • Pinjar Power Station

They’re also dipping their toes in the renewables field. They own and operate multiple wind farms located in Albany, Coral Bay, Esperance, Hopetown and elsewhere. Synergy recently bankrolled the setting up of a community solar project that makes use of the solar battery technology for home developed by U.S.-based Tesla Inc. The project envisions pooling the solar energy produced by the panels of over 50 homes into a battery bank. In evenings, when the sun goes down, and peak demand for electricity arises as people return home from work, houses can draw upon the battery bank to power their homes. Thus, they do not have to depend on the grid during those times of the day where peak demand also sends prices for electricity higher. As a solar home battery remains an expensive item of spending for most homes in WA, the main benefit of such a community project is that homes experience the benefits of battery storage while not having to spend too much of their money in setting up. Homeowners can instead make payments in instalments, by merely paying a dollar a day for two years.

Adapting to Solar

As the go-to provider for over a million WA customers, Synergy has long experienced strong revenue growth and profit numbers. The situation arose as there were no solid alternatives to the company in WA for most residential customers and small and medium enterprises. All of that changed in 2018 when the company reported a near 6% fall in electricity sales for the year. As a result, for the first time in 5 years, the company’s total revenue fell below the $3 billion mark. The interesting thing was that Synergy generated 10% less electricity in 2018 compared to the same period a year ago.

So why were Synergy sales falling and why did their total generation fall? There appear to be two reasons. Partly it’s due to a taxpayer-funded subsidy slowly getting eroded, which gradually ate away at Synergy’s bottom line. The primary factor, however, is the accelerated uptake in rooftop solar panels across Western Australia. As the subsidies died down, the price of electricity in WA skyrocketed, leading WA homeowners to start seriously considering solar panels. With more homes in WA turning to the panels on their rooftop to give them the electricity they require, they depend less on power from the grid. Thus, the revenue for Synergy has slowly been disrupted by the massive uptake of solar energy in homes across WA.

On top of that, a relatively new gas-fired plant owned by Synergy has had to shut down for extended periods over the past year. According to company executives, the gas plant has been unable to keep up with transitions in supply, as solar energy from WA homes floods the power grid. With over a quarter of households in WA adopting rooftop solar, and more panels coming online, the rise of solar looks unstoppable.

Synergy Chair Robert Cole has said that rooftop solar is now supplying “7% of total SWIS region demand”. Previous state governments in WA have limited large-scale renewable projects, however, the coming years promise increased renewable generation. Moreover, as electricity prices keep rising, it is expected that more homes in WA will turn to solar panels to ease the pressure on their wallet. As a result of these developments in the WA energy scene, Synergy has been ramping up efforts to transform their business.

The first step in the direction toward solar energy by Synergy is through its new solar and battery installation arm named SolarReturn. The company claims to have completed the installation of over 1000 solar systems in WA homes as of 2018, since beginning operation in 2016.

Interesting Reads

Best Electricity Deals Queensland (Cheapest Providers)

Read more

How Much Does it Cost To Use Your Air Conditioner?

Read more

Are You Paying More Than The Average Electricity Bill In Australia?

Read more

Which Tech Device Adds The Most To Your Electricity Bill?

Read more

Questions About Your Power Bill?

* We do not compare all energy providers & have commercial arrangements with our partners.

Cory McGown
Energy Specialist