Red Energy vs Energy Australia

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Energy Australia vs Red Energy - Who Offers the Cheapest Plans?

The main difference between Red Energy and Energy Australia is the overall value that one retailer offers over the other. Both brands have plenty of unique features and plan types, but one brand has the advantage. Read below to find out more.

Shopping around for the best deals isn’t always easy, which is why we’ve created this comprehensive article that covers everything you need to know about Red Energy and Energy Australia. From the best plans offered to incentives unique to each brand, you’ll get an in-depth look at each retailer so you can determine if they’re right for you. 

First, let’s take a look at the electricity plans offered by Energy Australia and Red Energy. Please note plans and rates are subject to change. To learn more, visit the retailer’s website directly.

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Red Energy vs Energy Australia Plans NSW

In NSW, Red Energy's Living Energy Saver plan is more cost-effective than Energy Australia's Flexi plan.

Plan Name % Below DMO* Price/year (Est.)
Red Energy NSW
Living Energy Saver
19% $1,475
Energy Australia NSW
Flexi Plan
18% $1,498

*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.

Energy Australia vs Red Energy Plans VIC

In VIC, Energy Australia's Flexi plan is more cost-effective than Red Energy's Living Energy Saver plan.

Plan Name % Below VDO* Price/year (Est.)
Energy Australia VIC
Flexi Plan
26% $1,162
Red Energy VIC
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 Energy Australia Plans QLD

In QLD, Red Energy's Living Energy Saver plan is more cost-efficient than Energy Australia's Flexi plan.

Plan Name % Below DMO* Price/year (Est.)
Red Energy QLD
Living Energy Saver
13% $1,698
Energy Australia QLD
Flexi Plan
9% $1,792

*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 Energy Australia Plans SA

In SA, Energy Australia's Flexi plan has a lower annual cost over Red Energy's Living Energy Saver plan.

Plan Name % Below DMO* Price/year (Est.)
Energy Australia SA
Flexi Plan
7% $2,119
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.

Energy Australia vs Red Energy Plans ACT

In ACT, Red Energy's Living Energy Saver plan has a lower annual cost over Energy Australia's Rate Fix plan.

Plan Name % Below DMO* Price/year (Est.)
Red Energy ACT
Living Energy Saver
22% $1,658
Energy Australia ACT
Rate Fix
3% Above $2,224

*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 Energy Australia Solar FiT

Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by Red Energy and Energy Australia. If you’re a current solar owner, or want to go solar in the future, a high solar feed-in tariff rate can maximise the rate of return on your solar investment. But remember, a high feed-in tariff doesn’t always equate to the best deal. If you have questions about your feed-in tariff or are considering switching plans, call our solar experts now at 1300 232 848 to see our latest deals.

State Red EnergyRed EnergyEnergy AustraliaEnergy Australia
NSW 12.00 12.00
QLD 8.00 12.00
VIC 5.50 12.00
SA 5.50 12.00
ACT 6.00 12.00

Red Energy vs Energy Australia Features

Electricity retailers offer a variety of unique features for their customers. From a full-service online portal to various rewards programs, there are numerous benefits to be had. But what do Red Energy and Energy Australia offer? Find out more below.

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

Red Energy vs Energy Australia Payment Options

If you sign up with a retailer that doesn’t accept your preferred method of payment, you could run into issues paying your bill. Before you decide to switch retailers, always make sure that the brand will accept various payment methods. This gives you the flexibility to pay your bills without any concerns.

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

Red Energy vs Energy Australia Renewables

A retailer’s support for renewable energy has become a factor for many when choosing their provider. Many retailers are making a concerted effort to go greener, which is often reflected on their website as selling points for their plans. But transparency goes a long way which is why we pulled data straight from the Green Electricity Guide (GEG) report by GreenPeace and consolidated each metric into a simple table so you get an idea of how each retailer is performing. 

Red Energy and Energy Australia scored relatively high in their overall support for renewable energy, with Red Energy scoring a perfect 10 out of 10 and Energy Australia scoring an 8 out of 10. 

However, Energy Australia dropped the ball in nearly every other category outside of renewable energy support with multiple zeroes across the board. 

Outside of halting fossil fuel expansion – where they scored a zero, Red Energy performed admirably in every category with numerous tens across the board.

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 Energy Australia at an abysmal score of 1.35 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 energy10/108/10
Pollution & environmental harm10/1010/10
Transparency in marketing10/100/10

Energy Australia vs Red Energy Results

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

It’s clear both Energy Australia and Red Energy offer a variety of features, plans, and incentives unique to their brand. From member-only rewards to boosted solar feed-in tariffs, each retailer has its respective advantage over the other in certain categories. When we tally up the winners for each category however, we concluded with a tie.

Red Energy narrowly beat Energy Australia in electricity rates, although both retailers have great plans on offer. Renewables is where Red Energy shined, scoring above-average marks in nearly every category pulled from the Green Electricity Guide. Regarding solar feed-in tariffs, Energy Australia’s high rates across the board gave them the advantage over Red Energy. 

Before switching to either of these retailers, we recommend phoning us at Electricity Monster on 1300 232 848 first to compare your rates to see if you’re getting a fair deal.

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 Energy Australia’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 10/05/2024.

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 
  • Renewable energy data was pulled from the publication Green Energy Guide by GreenPeace.
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.