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Energy Australia vs Powershop - Who Offers the Cheapest Plans?
The main difference between Energy Australia and Powershop is the price of each retailer’s energy plans. While both retailers have competitive market offers available, one brand stands out with its cost-effective rates. Read below to find out more.
In our latest article, we cover two of the more popular retailers in Powershop and Energy Australia. Both have competitive market offers and rates that are extremely appealing. But who offers the better value out of the two? Find out below as we explore some of the most important aspects of each retailer so you can decide if they are right for you.
Powershop vs Energy Australia Plans NSW
In NSW, Powershop's Power House plan is more cost-efficient than Energy Australia’s Flexi plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Power House
|
22% | $1,424 |
Flexi Plan
|
18% | $1,498 |
*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.
Powershop vs Energy Australia Plans VIC
In VIC, Powershop’s Power House plan has a lower annual cost than Energy Australia’s Flexi plan.
| Plan Name | % Below VDO* | Price/year (Est.) |
|---|---|---|
Power House
|
22.90% | $1,209 |
Flexi Plan
|
21% | $1,240 |
*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.
Powershop vs Energy Australia Plans QLD
In QLD, Energy Australia’s Flexi plan is more cost-effective than Powershop’s Power Offset plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Flexi Plan
|
9% | $1,792 |
Power Offset
|
4% | $1,890 |
*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.
Energy Australia vs Powershop Plans SA
In SA, Powershop’s Power House plan has a lower annual cost than Energy Australia’s Flexi plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Power House
|
8.70% | $2,081 |
Flexi Plan
|
7% | $2,119 |
*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.
Energy Australia vs Powershop Plans ACT
In ACT, Powershop does not offer market plans, therefore Energy Australia offers better value by default.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Rate Fix
|
3% Above | $2,224 |
*Australian Capital Territory electricity rates are based on usage of 6100kWh/year for a residential customer on a single rate tariff in the Evoenergy network, the DMO reference price is: $2,152 / year. Click here for more information.
Powershop vs Energy Australia Solar FiT
Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by Energy Australia and Powershop. Remember, a high solar feed-in tariff may sound enticing, it would be wise to explore everything the solar plan has to offer so you don’t end up overpaying. To learn more, reach out to one of our energy experts on 1300 232 848.
| State | Energy Australia |  |
|---|---|---|
| VIC | 12.00 | 5.20 |
| NSW | 12.00 | 5.00 |
| SA | 12.00 | 5.00 |
| QLD | 12.00 | 5.00 |
| ACT | 12.00 | n/a |
Energy Australia vs Powershop Features
Both Energy Australia and Powershop have plenty to offer when customers sign up. From a mobile app where you can monitor your energy usage to rewards program, there are plenty of benefits that customers get when they sign up with said retailer. But what do Powershop and Energy Australia offer? Find out more below.
| Feature |  |  |
|---|---|---|
| Monthly Billing | ||
| Bill Smoothing | ||
| Online Account | ||
| Energy App | ||
| Rewards Shop | ||
| Green Power Option | ||
| Carbon Neutral Option | ||
| Internet Bundling |
Energy Australia vs Powershop Payment Options
Wondering whether Powershop or Energy Australia accepts your preferred billing method? Before you decide to switch retailers, it’s important to consider what payment options each retailer accepts. Below we’ve listed which payment options both retailers accept.
| Payment Option | | |
|---|---|---|
| Credit Card | ||
| Direct Debit | ||
| Phone | ||
| BPAY | ||
| Post Office | ||
| Centrepay | ||
| Cheque |
Powershop vs Energy Australia Renewables
Does Powershop or Energy Australia rank high in renewable energy support? With many retailers going green as of late, it’s important to distinguish which retailer is actually making the effort to promote a renewable energy future. Find out more below.
Powershop and Energy Australia recently participated in a study that measured their efforts toward sustainability and support for renewable energy. The data shown below was pulled from the 2020 Green Electricity Guide (GEG) by Greenpeace.
Powershop and Energy Australia scored relatively high in their overall support for renewable energy, with Energy Australia scoring an 8 out of 10 and Powershop scoring a perfect 10 out of 10.
However, Energy Australia scored zeroes in nearly every other category.
The overall rating given by the Green Energy Guide has Energy Australia listed at a lowly 1.35 out of 10 and Powershop at an impressive 7 out of 10.
| Criteria | | |
|---|---|---|
| Providing clean, renewable energy | 0/10 | 10/10 |
| Ending coal use by 2030 | 0/10 | 10/10 |
| Halting fossil fuel expansion | 0/10 | 0/10 |
| Support for new renewable energy | 8/10 | 10/10 |
| Pollution & environmental harm | 0/10 | 10/10 |
| Transparency in marketing | 3/10 | 0/10 |
Powershop vs Energy Australia Results
| Categories | Winner |
|---|---|
| Electricity Prices |  |
| Solar FiT | |
| Features | |
| Payment Options | |
| Renewables | |
Should I Switch to Energy Australia or Powershop?
It’s clear both Energy Australia and Powershop have plenty to offer. From unique features and incentives to competitive feed-in tariffs and market offers, both retailers are attractive options when it comes to switching. Powershop proved in some states that their plans are cheaper than Energy Australia. However, in terms of features, benefits, and solar feed-in tariffs, Energy Australia’s competitive rates and generous offerings proved to be better than what Powershop currently has. Lastly, when it comes to the renewable energy sector, Powershop scored high marks in nearly every category of the Green Electricity Guide survey – they even landed in the top 10 of all retailers currently in the market, beating Energy Australia by a landslide in the Green Electricity Guide survey.
But before switching to either one of these retailers we recommend phoning us at Electricity Monster on 1300 232 848 and let our energy experts work to find you the best deal we have available.
If you’re worried about overpaying on your energy bill, moving house, or just want to switch to a new electricity provider, give us a call at 1300 232 848. At Electricity Monster, we offer a variety of free solutions to help you find a fair deal. Ready to learn more? Give us a call now!
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Disclaimer
This publication reviews Energy Australia and Powershop’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 07/04/2024.
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.
- The plans displayed may be different than advertised.
- The plans offered on this page may not be available in our call center.
- ‘Get Best Offer’ is indicative of the best offer available in our database from our partners
- Data regarding renewable energy was pulled from the publication Green Energy Guide by GreenPeace.Plans from the rate tables have been listed in order of lowest price first. Please check the details of these plans directly with the retailer before making any purchase decisions.
- 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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When You Call & Switch Today
- Compare Providers
- 100% Free Service
- Brokered Over 150,000 Deals
Get a $50* Coles or Woolies Voucher
When You Call & Switch Today
- Compare Providers
- 100% Free Service
- Brokered Over 150,000 Deals
Benjamin Tom
Benjamin Tom covers the retail energy market, with a focus on electricity, solar, and Internet. His interests include helping people navigate the complexities of the energy market while saving money on their power bills.