Contents
Lumo Energy Vs Origin Energy - Who Offers the Cheapest Plans?
The main difference between Lumo Energy and Origin Energy is the overall value that each provider offers to their consumers. Both retailers bring competitive offers to the table, but one provides more cost-effective value than the other. Read below to find out more.
In our latest article, we cover two competitive energy retailers, Origin Energy and Lumo Energy. If you’re wondering what each has to offer, we’ve got you covered. From the latest plan rates to each provider’s feed-in tariff rates, you’ll get an in-depth look at each retailer so you can see if they’re right for you.
Lumo Energy vs Origin Energy Plans NSW
In NSW, Lumo Energy does not service the area. Origin Energy offers better value by default.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Origin Go Variable
|
17% | $1,502 |
*Calculated based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network. The DMO reference price is: $1,810 / year. Click here to view plan energy fact sheets.
Lumo Energy vs Origin Energy Plans VIC
In VIC, Lumo Energy’s Plus plan is more cost-effective than Origin Energy’s Origin Go Variable plan.
| Plan Name | % Below VDO* | Price/year (Est.) |
|---|---|---|
Lumo Plus
|
14% | $1,239 |
Origin Go Variable
|
12% | $1,281 |
*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network. The VDO reference price is: $1,456 / year. Click here to view plan energy fact sheets
Lumo Energy vs Origin Energy Plans QLD
In QLD, Lumo Energy does not service the area. Origin Energy offers better value by default.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Origin Go Variable
|
5% | $1,963 |
*Calculated based on usage of 4600kWh/year for a residential customer on a single rate tariff in the Energex network. The DMO reference price is: $2,066 / year. Click here to view plan energy fact sheets.
Lumo Energy vs Origin Energy Plans SA
In SA, Origin Energy’s Go Variable plan is more cost-effective than Lumo Energy’s Plus plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Origin Go Variable
|
10% | $2,007 |
Plus
|
4% | $2,127 |
*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the SA Power Networks. The DMO reference price is: $2,230 / year. Click here to view plan energy fact sheets.
Origin Energy vs Lumo Energy Plans ACT
In ACT, Lumo Energy does not service the area. Origin Energy offers better value by default.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Origin Go Variable
|
24% | $1,848 |
*Calculated based on usage of 6100kWh/year for a residential customer on a single rate tariff in the Evoenergy network. The DMO reference price is: $2,432 / year. Click here to view plan energy fact sheets.
Lumo Energy Vs Origin Energy Solar FiT
Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by Lumo Energy and Origin Energy. Solar feed-in tariffs have an array of benefits with one being that it offers a return on investment for your solar system. Have questions about solar plans? Call us today and speak with one of our solar experts to learn more.
| State |  |  |
|---|---|---|
| VIC | 4.90 | 10.00 |
| SA | 4.50 | 10.00 |
| NSW | n/a | 10.00 |
| QLD | n/a | 10.00 |
| ACT | n/a | 12.00 |
Lumo Energy vs Origin Energy Features
Origin Energy and Lumo Energy have a catalogue of exciting features on offer. From a full-service online account to various rewards, energy retailers are attracting customers with a bundle of features. Want to see what Origin Energy and Lumo Energy offer? Read more below.
| Features |  |  |
|---|---|---|
| Monthly Billing | ||
| Bill Smoothing | ||
| Online Account | ||
| Energy App | ||
| Rewards | ||
| Green Power Option | ||
| Carbon Neutral Option | ||
| Internet Bundles |
Lumo Energy vs Origin Energy Payment Options
Wondering whether Lumo Energy or Origin Energy accepts your preferred billing method? Before you switch retailers, it’s always wise to check if your payment method is accepted.
| Payment Option | | |
|---|---|---|
| Credit Card | ||
| Direct Debit | ||
| Phone | ||
| BPAY | ||
| Post Office | ||
| Centrepay | ||
| Cheque |
Origin Energy vs Lumo Energy Renewables
Does Lumo Energy or Origin Energy rank high in renewable energy support? Retailers are transitioning to green energy and promoting their efforts. However, it’s important to see the actual data so you can see what metrics are used and how well they fared.
Origin Energy and Lumo Energy participated in a study that measured their efforts toward sustainability and support for renewable energy. The data shown below was pulled from the Green Electricity Guide (GEG) by Greenpeace.
Origin Energy scored relatively high in its overall support for renewable energy, with an impressive 8 out of 10.
However, outside of their transparency in marketing, this is the only other category Origin Energy had high marks on.
On the other hand, Lumo Energy scored high marks in nearly every category except “Halting fossil fuel expansion”.
The overall rating given by the Green Energy Guide has Origin Energy listed at a terrible 1.6 out of 10 and Lumo Energy at an impressive 6.6 out of 10.
| Criteria | | |
|---|---|---|
| Providing clean, renewable energy | 6/10 | 0/10 |
| Ending coal use by 2030 | 10/10 | 0/10 |
| Halting fossil fuel expansion | 0/10 | 0/10 |
| Support for new renewable energy | 10/10 | 8/10 |
| Pollution & environmental harm | 10/10 | 0/10 |
| Transparency in marketing | 10/10 | 8/10 |
Lumo Energy vs Origin Energy Results
| Categories | Winner |
|---|---|
| Electricity Prices |  |
| Solar FiT | |
| Features | |
| Payment Options |  |
| Renewables | |
Should I Switch to Origin Energy or Lumo Energy?
There you have it. Both retailers have a number of attractive offers and are competitive in their own right. In terms of electricity prices, Origin Energy beat Lumo Energy in nearly every state. When it comes to features and solar feed-in tariffs, Origin Energy’s catalogue of incentives and high solar rates make them a better choice over Lumo Energy. In the renewables sector, Lumo Energy showcased exceptionally high marks, beating Origin Energy by a wide margin.
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, need a new connection, or just want to switch to a new electricity provider, give us a call at 1300 232 848. At Electricity Monster, we offer various free solutions to help you find a fair deal. Best of all, our comprehensive service is 100% free to use, and our energy experts pride themselves on finding you the best deal we have available. Don’t settle for high rates in this volatile energy climate, call us today and secure the best deal we have available.
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Disclaimer
This publication reviews Lumo Energy and Origin Energy’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 03/09/2024 (Origin Energy) and 04/09/2024 (Lumo Energy).
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.
- 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: $1,292 / year
- New South Wales electricity rates are based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network, the DMO reference price is: $1,512 / year
- South Australia electricity rates are based on usage of 4000kWh/year for a residential customer on a single rate tariff in the SA Power Networks, the DMO reference price is: $1,840/ year
- Queensland electricity rates are based on usage of 4600kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,620/ year
- 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: $2,065 / year
- 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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- 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.