A Smart Review Of Red Energy

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

Retailer Review | BY Alan


According to our Red Energy review, the retailer is struggling to keep up with the competition in the market.

Beginning operations in 2004, Red Energy wears its Australian-owned tag proudly.

With about half a million customers, Electricity Monster looks to review the top plans Red Energy has in each state in Australia!


Overall Red Energy Review Ratings

Red Energy seems to struggle against the average bill calculations we use to rate providers, coming up short in every state but one! On other indicators, however, they do extremely well! Overall our Red Energy review scores the retailer in this manner:

Price  :  
Choice  :  
Extras  :  

Keen to understand how Red Energy was rated this way? Keep reading to find out!


Red Energy Best Plans in Victoria

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Red Energy provides power and gas to homes and businesses in the eastern states of Victoria, NSW, SE Queensland and SA.

Residential Victoria

For electricity and gas retailers, the Victorian market represents a highly competitive space, and it is here that Red Energy began operations initially.

Average electricity and gas costs for a 4-person home (5782 kWh/year and 39022 MJ/year):

Price VIC :

Choice VIC :

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NSW

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Business Victoria

Average electricity costs for SME’s (40,000 kWh/year and 250,000 MJ/year):


Red Energy Review – Top Plans in NSW

Residential NSW

Much like Victoria, the sweetest deal Red Energy provide is for NSW customers that love airline points!

The Living Energy Saver and Qantas Red Saver match the DMO reference prices in the state before the discount is even applied!

Average electricity and gas costs for a 4-person home (6632 kWh/year and 21691 MJ/year):

Price NSW :

Choice NSW :

Business NSW

The Red Easy and Qantas Red Easy plans for NSW businesses are both a solid 20% lower than the DMO reference bill!

Average electricity costs for a small-medium business (40,000 kWh/year and 250,000 MJ/year):

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NSW

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* We do not compare all energy providers & plans in the market due to commercial arrangements.

Red Energy Top Plans in SA

south-australia-red-energy

Residential SA

South Australia represents one of the costliest electricity markets on the planet. 

Red Energy, however, has a few plans that could help your home avoid these extreme prices!

The Easy Saver and Qantas Red Saver plans match the DMO reference prices for SA homes before the discount is even applied!

Average electricity and gas costs for a 4-person home (6019 kWh/year and 14321 MJ/year):

Price SA :

Choice SA :

Business SA

The Red Easy and Qantas Red Easy plans work out to be 13% lower than the business DMO reference bill in SA!

Average electricity costs for a small-medium business (40,000 kWh/year and 250,000 MJ/year):


Red Energy Review – Top Plans in SE Queensland

Residential QLD

The partnership that Red Energy has with Qantas Airlines continues in Queensland as well. 

The Easy Saver and Qantas Red Saver plans match the DMO reference prices for homes in the Energex network, even before the discount is considered!

Average electricity costs for a 4-person home (6672 kWh/year and 10892 MJ/year):

Price QLD :

Choice QLD :

Business QLD

The Red Easy and Qantas Red Easy plans work out to be a neat 17% lower than the business DMO reference bill in the Energex network!

Average electricity costs for a small-medium business (40,000 kWh/year and 250,000 MJ/year):


Red Energy Residential Plans

Red-Energy-Plans

The Living Energy Saver plan is offered in NSW and Victoria, providing a 10% discount off your entire electricity and gas bill when you pay your bills on time.

The same plan is called the Easy Saver in SA and SE Queensland.

Red Energy’s partnership with the airline Qantas will excite travel buffs.

The Qantas Red Saver and Qantas Red Plus give customers an incentive of up to 15,000 airline points for getting their power and gas from Red Energy. 

With the Qantas Red Saver, you will also get two bonus points for each dollar spent on your energy bills, while the Qantas Red Plus bumps it up to 7 points!

The icing on the cake with the Qantas Red Saver, however, is that you will receive a 10% discount for paying on time.

Compare Electricity & Gas Now

We can help compare your energy rates!

By using our service, you agree to our terms
Discover your new Electricity Rates!

So we can quote you via email, we need to search your meter type.

NSW

100

credit*
By using our service, you agree to our terms

* We do not compare all energy providers & plans in the market due to commercial arrangements.

Red Energy Business Plans

For businesses that want to know exactly how much they will be paying, by doing away with fancy discounts, the Red Easy plan is your answer.

The plan showcases simple flat rates and will not tie your business down to a contract.

For businesses that desire airline points, look at the Qantas Red Easy and the Qantas Red Saver plans.

The Qantas Red Saver also provides businesses with a 10% pay on time discount off their entire bill.

Find Out: Alinta Energy vs Red Energy – Save $115* with Alinta!


Red Energy Review – Verdict 

Along with Lumo Energy, Red Energy makes up the retail energy arm of Australian Government-owned Snowy Hydro.

This Red Energy review shows that Red plans have no lock-in contracts and no set benefit term, which mean that your discount benefits will not expire for the foreseeable future.

You won’t have to worry about breaking the contract as no exit fee is charged for leaving.

Also, Red Energy will allow you to negotiate a payment plan tailored to your needs.

If you wanted a more manageable power bill, EvenPay is Red Energy’s solution for you!

This bill smoothing plan will allow you to make smaller fixed payments than waiting for a large quarterly bill.

An Australian-based customer service team has led to Red Energy topping charts for customer satisfaction in NSW for the past five years, according to Canstar Blue.

For Victorian and NSW customers of Red Energy, there is access to Red Energy Rewards. You could access up to 3,500 discounted deals relating to hotels, movie tickets or events.

Don’t lose another second on an expensive provider you can’t afford!

Call Electricity Monster now on 1300 232 848, and get on an attractive plan in your state!

Disclaimer:

This publication looks at how much a 4-person household pays a year, on average, on electricity and gas plans from Red Energy in NSW and VIC. The information being made available in this document cannot substitute for legally sound advice. No financial decisions should be made based on data from this publication. Individual usage, circumstances and brands could cause usage figures to vary.

Important points to note are:

 

  • In brief, we do not guarantee that the information provided applies to every household in Australia.
  • Significantly, all dollar figures are including GST.
  • Rates are accurate as of October 2, 2019.
  • Specifically, electricity comparisons are on the peak rates in single rate plans, plus their daily electricity supply charges.
  • Similarly, gas comparisons are on the first tranche of usage charges, plus their daily gas supply charges.
  • Accordingly, electricity rates used are from the Red Energy website. We have not verified their accuracy.
  • Chiefly, electricity and gas benchmarks used for the average energy usage of households are from the AER website.
  • For Victoria, the Citipower distributor has been used for electricity and the Australian Gas Network (Tru East) for gas.
  • In NSW, the Ausgrid network is utilised for electricity and the Jemena Network for gas.
  • For QLD, we have chosen the Energex network for electricity and the Australian Gas Network for gas.
  • In SA, SA Power Networks distributor has been chosen for electricity and the Australian Gas Network (SA) for gas.
  • Overall, star ratings for the price are calculated by comparing the prices offered in each state, to the average prices offered by power retailers.

 

Written by Alan

Alan

Alan is an energy journalist, obsessed with getting Australians a fair price in an inflated electricity market. Equipped with a Master’s degree in Economics, his interests revolve around energy economics.