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Find Out Who Provides Better Value - Red Energy or AGL?
The main difference between Red Energy and AGL 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.
Red Energy and AGL offer an array of unique plans, discounts, and incentives for their customers. From attractive solar feed-in tariffs to competitive energy rates, there's a lot to like about each retailer. But, who offers the best value overall? Find out more below.
Red Energy vs AGL Plans NSW
In NSW, Red Energy's Living Energy Saver plan is more cost-effective than AGL's Value Saver plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Living Energy Saver
|
19% | $1,475 |
AGL Value Saver
|
15% | $1,552 |
*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 AGL Plans VIC
In VIC, AGL's Value Saver plan is more cost-effective than Red Energy's Living Energy Saver plan.
| Plan Name | % Below VDO* | Price/year (Est.) |
|---|---|---|
AGL Value Saver
|
22% | $1,224 |
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 AGL Plans QLD
In QLD, Red Energy's Living Energy Saver plan has a lower annual cost than AGL's Value Saver plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Living Energy Saver
|
13% | $1,698 |
AGL Value Saver
|
10% | $1,771 |
*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 AGL Plans SA
In SA, AGL's Value Saver plan is more cost-effective than Red Energy's Living Energy Saver plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
AGL Value Saver
|
7% | $2,119 |
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 AGL Plans ACT
In ACT, AGL does not service electricity. Therefore, Red Energy's Qantas Red Saver plan by default offers the best value.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
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 AGL Solar FiT
Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by Red Energy and AGL. If you want a cost-effective way to maximise the rate of return on your solar investment, a high solar FiT may be right for you. But, a high feed-in tariff doesn't necessarily mean you're getting the best deal. If you have questions about your FiT or want to consider switching to another plan, call our solar experts now at 1300 232 848 to see our latest deals.
| State | Red Energy |  |
|---|---|---|
| NSW | 12.00 | 10.00 |
| QLD | 8.00 | 10.00 |
| VIC | 5.50 | 10.00 |
| SA | 5.50 | 10.00 |
| ACT | 6.00 | n/a |
Red Energy vs AGL Features
Signing up with an energy retailer has its perks that can come in the form of rewards, discounts, and more. We've listed some of the most popular features customers care about when choosing a retailer. See which retailer offers more variety down below.
| Feature |  |  |
|---|---|---|
| Monthly Billling | ||
| Bill Smoothing | ||
| Online Account | ||
| Energy App | ||
| Rewards | ||
| Green Power Option | ||
| Carbon Neutral Option | ||
| Internet Bundles |
Red Energy vs AGL Payment Options
Flexible payment options can save you time and money. Choosing a retailer that doesn't accept certain payment methods can force you to choose a less preferable billing option. See what Red Energy and AGL offer below.
| Payment Option | | |
|---|---|---|
| Credit Card | ||
| Direct Debit | ||
| Phone | ||
| BPAY | ||
| Post Office | ||
| Centrepay | ||
| Cheque |
Red Energy vs AGL Renewables
Many electricity retailers have been going 'greener' in the past years. But, do their claims match their efforts? We've compiled data from the Green Electricity Guide (GEG) report by GreenPeace and consolidated each metric into a simple table to showcase how 'green' each retailer is.
Red Energy and AGL scored relatively high in their overall support for renewable energy, with Red Energy scoring a perfect 10 out of 10 and AGL scoring an 8 out of 10.
However, AGL performed poorly in nearly every other category outside of renewable energy support.
Outside of halting fossil fuel expansion – where they scored a zero, Red Energy actually had a strong showing with tens in various categories.
The overall rating given by the Green Energy Guide has Red Energy listed at an above-average score of 6.6 out of 10 and AGL at an underwhelming score of 1.2 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 | 0/10 |
Red Energy vs AGL Results
| Categories | Winner |
|---|---|
| Electricity Prices | |
| Solar FiT | |
| Features | |
| Payment Options |  |
| Renewables | |
Should I Switch to Red Energy or AGL?
It's clear both Red Energy and AGL have plenty to offer. From competitive feed-in tariffs to enticing incentives like sign-up bonuses and one-off discounts, customers have both flexibility and benefits with both retailers. When it comes to electricity plans, both Red Energy and AGL have competitive offers in each state so it's difficult to distinguish which retailer is more cost-efficient. In regards to features and solar feed-in tariffs however, AGL has more to offer than Red Energy. In the renewables sector, Red Energy excelled with high marks in nearly every category.
But before switching to either one of these retailers we highly recommend phoning us at Electricity Monster on 1300 232 848 and letting 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 AGL’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.
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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.