Red Energy vs ActewAGL 2023 - Who Provides Better Value?

Red Energy Vs ActewAGL - Who Offers the Cheapest Plans?

In our latest article, we cover two unique electricity retailers, Red Energy and ActewAGL. If you’re wondering what each has to offer, we’ve got you covered. From the latest electricity plans to each retailer’s current solar feed-in tariff rates, you’ll get an in-depth look at each provider so you can see if they’re right for you.

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Red Energy vs ActewAGL Plans NSW

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

Plan Name	% Below DMO*	Price/year (Est.)
Standard Plan (Essential Energy)	0%	$2,228
Living Energy Saver	11%	$2,247

*New South Wales for Essential Energy network electricity rates are based on usage of 4,613 kWh per year. For an average residential customer using 4,613 kWh the lowest price is $2,527 / year. Click here for more information.

Red Energy vs ActewAGL Plans VIC

In VIC, ActewAGL does not service the area. Red Energy offers the best value by default.

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

*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 ActewAGL Plans QLD

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

Plan Name	% Below DMO*	Price/year (Est.)
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 ActewAGL Plans SA

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

Plan Name	% Below DMO*	Price/year (Est.)
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 ActewAGL Plans ACT

In ACT, Red Energy’s Living Energy Saver plan is more cost-effective than ActewAGL’s Simple Saver plan.

Plan Name	% Below DMO*	Price/year (Est.)
Living Energy Saver	22%	$1,658
Simple Saver	14%	$1,855

*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 ActewAGL Solar FiT

Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by ActewAGL 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
NSW	12.00	12.00
QLD	16.00	n/a
VIC	5.50	n/a
SA	5.50	n/a
ACT	6.00	15.00

Red Energy vs ActewAGL Features

ActewAGL 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 ActewAGL offer? See the table below.

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

Red Energy vs ActewAGL Payment Options

Wondering whether ActewAGL 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
Credit Card
Direct Debit
Phone
BPAY
Post Office
Centrepay
Cheque

Red Energy vs ActewAGL Renewables

Do ActewAGL 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 ActewAGL 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’.

ActewAGL’s renewable efforts, according to Greenpeace, is lacking with zeroes in every category except ‘support for renewable energy’.

The overall rating given by the Green Energy Guide has Red Energy listed at a respectable 6.6 out of 10 and ActewAGL at an abysmal 1.29 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	8.6/10
Pollution & environmental harm	10/10	0/10
Transparency in marketing	10/10	0/10

Red Energy vs ActewAGL Results

Categories	Winner
Electricity Prices
Solar FiT
Features
Payment Options
Renewables

Should I Switch to Red Energy or ActewAGL?

There you have it. Both retailers have an array of competitive electricity plans, feed-in tariffs, and more, making them intriguing options. In regards to energy rates, Red Energy offers plans in all five states but in NSW and ACT, the provider has more cost-effective rates. In terms of solar feed-in tariffs, ActewAGL’s high rates give them the edge over Red Energy. However, when it comes to overall support for renewable energy, Red Energy has ActewAGL beat by a wide margin, according to Greenpeace’s 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, 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 ActewAGL’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.