Red Energy vs 1st Energy

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Red Energy vs 1st Energy Plans NSW

In NSW, Red Energy’s Living Energy Saver plan is more cost-effective than 1st Energy’s 1st Saver plan.

Plan Name % Below DMO* Price/year (Est.)
Red Energy NSW
Living Energy Saver
12% $1,602
1st Energy NSW
1st Saver
1% $1,817

*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.

Red Energy vs 1st Energy Plans VIC

In VIC, Red Energy’s Living Energy Saver plan is more cost-effective than 1st Energy’s 1st Saver plan.

Plan Name % Below VDO* Price/year (Est.)
Red Energy VIC
Living Energy Saver
20% $1,245
1st Energy VIC
1st Saver
17% $1,300

*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.

Red Energy vs 1st Energy Plans QLD

In QLD, 1st Energy does not service the area. Red Energy offers the best value by default.

Plan Name % Below DMO* Price/year (Est.)
Red Energy QLD
Living Energy Saver
8% $1,793

*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.

Red Energy vs 1st Energy Plans SA

In SA, 1st Energy does not service the area. Red Energy offers the best value by default.

Plan Name % Below DMO* Price/year (Est.)
Red Energy SA
Living Energy Saver
6% $2,133

*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.

Red Energy vs 1st Energy Plans ACT

In ACT, 1st Energy does not service the area. Red Energy offers the best value by default.

Plan Name % Below DMO* Price/year (Est.)
Red Energy ACT
Living Energy Saver
22% $1,658

*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.

Red Energy vs 1st Energy Solar FiT

Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by 1st Energy and Red Energy. Solar feed-in tariffs have become popular in the solar community, offering numerous financial benefits for solar owners. Want to learn more about solar plans? Give us a call today and speak with one of our solar experts to learn more.

State Red EnergyRed Energy1st Energy1st Energy
NSW 12.00 6.00
QLD 16.00 0.00
VIC 5.50 9.90
SA 5.50 0.00
ACT 6.00 n/a

Red Energy vs 1st Energy Features

1st Energy and Red Energy have an array of features that come exclusive with being a customer. From a rewards program to a full-service online portal, energy retailers are attracting customers with various incentives. Want to see what Red Energy and 1st Energy offer? See the table below.

Feature
logo
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Monthly Billling
Bill Smoothing
Online Account
Energy App
Rewards
Green Power Option
Carbon Neutral Option
Internet Bundles

Red Energy vs 1st Energy Payment Options

Wondering whether 1st Energy and Red Energy accept your preferred billing method? Before you switch retailers, it’s always recommended to check which types of payments are accepted so you don’t run into billing issues.

Payment Option
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logo
Credit Card
Direct Debit
Phone
BPAY
Post Office
Centrepay
Cheque

Red Energy vs 1st Energy Renewables

Do 1st Energy and Red Energy rank high in renewable energy support? Retailers have been transitioning to cleaner sources of energy and promoting their efforts to the public. However, it’s important to see the actual data so you can see if they are as ‘clean’ as they advertise. 

Red Energy and 1st 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. 

Red Energy scored numerous tens in various categories, with its only zero coming in the category of ‘halting fossil fuel expansion’.

1st Energy on the other hand, had mixed results with a ten in the category of ‘halting fossil fuel expansion’ but below-average scores in every other category outside of ‘pollution & environmental harm’.

The overall rating given by the Green Energy Guide has Red Energy listed at a respectable 6.6 out of 10 and 1st Energy at an abysmal 3.54 out of 10.

Criteria
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Providing clean, renewable energy6/100/10
Ending coal use by 203010/100/10
Halting fossil fuel expansion0/100/10
Support for new renewable energy10/108.6/10
Pollution & environmental harm10/100/10
Transparency in marketing10/100/10

Red Energy vs 1st Energy Results

CategoriesWinner
Electricity Prices
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Solar FiT
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Features
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Payment Options
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Renewables
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Should I Switch to Red Energy or 1st Energy?

There you have it. Both retailers have a wide range of competitive electricity plans, feed-in tariffs, and more, making them intriguing options. In regards to energy rates, Red Energy has plans in every state but in VIC and NSW, where 1st Energy services, it came out as a tie. In regards to solar fed-in tariffs and renewables, Red Energy offered higher rates and more support for renewable energy over 1st Energy.

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 Red Energy and 1st Energy’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 02/11/2023.

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.
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.