Contents
Simply Energy vs Red Energy - Who Offers the Cheapest Plans?
The main difference between Simply Energy and Red Energy 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.
In this article, we cover two attractive retailers in Simply Energy and Red Energy. Both have competitive plans and rates but differ in various categories. Ready to learn more? Read below as we break down various aspects of each retailer so you can decide if they are right for you.
Simply Energy vs Red Energy Plans NSW
In NSW, Red Energy’s Qantas Red Saver plan is more cost-effective than Simply Energy’s ENGIE GreenPower plan.
Plan Name | % Below DMO* | Price/year (Est.) |
---|---|---|
Qantas Red Saver
|
20% | $1,435 |
ENGIE GreenPower
|
8% | $1,671 |
*Calculated based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network. The DMO reference price is: $1,810 / year. Click here to view plan energy fact sheets.
Simply Energy vs Red Energy Plans VIC
In VIC, Simply Energy’s ENGIE GreenPower plan is more cost-effective than Red Energy’s Qantas Red Saver plan.
Plan Name | % Below VDO* | Price/year (Est.) |
---|---|---|
ENGIE GreenPower
|
19% | $1,177 |
Qantas Red Saver
|
14% | $1,245 |
*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network. The VDO reference price is: $1,456 / year. Click here to view plan energy fact sheets
Simply Energy vs Red Energy Plans QLD
In QLD, Red Energy’s Qantas Red Saver plan is more cost-effective than Simply Energy’s ENGIE Senior plan.
Plan Name | % Below DMO* | Price/year (Est.) |
---|---|---|
Qantas Red Saver
|
13% | $1,788 |
ENGIE Senior
|
11% | $1,829 |
*Calculated based on usage of 4600kWh/year for a residential customer on a single rate tariff in the Energex network. The DMO reference price is: $2,066 / year. Click here to view plan energy fact sheets.
Simply Energy vs Red Energy Plans SA
In SA, Simply Energy’s ENGIE GreenPower plan. is more cost-effective than Red Energy’s Qantas Red Saver plan.
Plan Name | % Below DMO* | Price/year (Est.) |
---|---|---|
ENGIE GreenPower
|
8% | $2,057 |
Qantas Red Saver
|
5% | $2,107 |
*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the SA Power Networks. The DMO reference price is: $2,230 / year. Click here to view plan energy fact sheets.
Simply Energy vs Red Energy ACT
In ACT, Red Energy offers the best plan by default due to Simply Energy not servicing this region.
Plan Name | % Below DMO* | Price/year (Est.) |
---|---|---|
Qantas Red Saver
|
18% | $1,992 |
*Calculated based on usage of 6100kWh/year for a residential customer on a single rate tariff in the Evoenergy network. The DMO reference price is: $2,432 / year. Click here to view plan energy fact sheets.
Simply Energy vs Red Energy Solar FiT
Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by Simply Energy and Red Energy. While a high solar feed-in tariff seems enticing, it shouldn’t be the only thing to consider when choosing a plan. To ensure you aren’t overpaying for your energy, contact one of our energy experts at 1300 232 848 before signing up for any plan.
State | Red Energy | |
---|---|---|
NSW | 10.00 | 10.00 |
VIC | 5.00 | 4.90 |
SA | 8.00 | 4.50 |
QLD | 10.00 | 8.00 |
ACT | n/a | 5.00 |
Simply Energy vs Red Energy Features
Simply Energy and Red Energy offer a variety of features that come standard when you are a customer. If you’re paying for energy, you might as well take advantage of the services that come with signing up. But what do Red Energy and Simply Energy offer? Find out more below.
Feature | ||
---|---|---|
Monthly Billling | ||
Bill Smoothing | ||
Online Account | ||
Energy App | ||
Rewards | ||
Green Power Option | ||
Carbon Neutral Option | ||
Internet Bundles |
Simply Energy vs Red Energy Payment Options
Wondering whether Simply Energy or Red Energy accept your preferred billing method? Before you decide to switch retailers, it’s important to consider what billing options each retailer accepts.
Payment Option | ||
---|---|---|
Credit Card | ||
Direct Debit | ||
Phone | ||
BPAY | ||
Post Office | ||
Centrepay | ||
Cheque |
Simply Energy vs Red Energy Renewables
Renewable energy has become a point of emphasis within the energy market. With many retailers going green as of late, it’s important to distinguish which retailer is actually making the effort to promote a renewable energy future.
Red Energy and Simply Energy recently participated in a study that measured their efforts toward sustainability and support for renewable energy. The data shown below was pulled from the 2020 Green Electricity Guide (GEG) by Greenpeace.
Red Energy and Simply Energy scored relatively high in their overall support for renewable energy, with Red Energy scoring a perfect 10 out of 10 and Simply Energy scoring an 8.6 out of 10.
Red Energy showcased impressive scores across the board with multiple tens in various categories with its only zero coming in halting fossil fuel expansion.
Outside of support for new renewable energy, Simply Energy underperformed in every category except pollution & environmental harm which has them listed at an average 5 out of 10.
The overall rating given by the Green Energy Guide has Red Energy listed at an above-average 6.6 out of 10 and Simply Energy at an underwhelming 2.59 out of 10.
Criteria | ||
---|---|---|
Providing clean, renewable energy | 3/10 | 6/10 |
Ending coal use by 2030 | 0/10 | 10/10 |
Halting fossil fuel expansion | 0/10 | 0/10 |
Support for new renewable energy | 8.6/10 | 10/10 |
Pollution & environmental harm | 5/10 | 10/10 |
Transparency in marketing | 0/10 | 10/10 |
Simply Energy vs Red Energy Results
Categories | Winner |
---|---|
Electricity Prices | |
Solar FiT | |
Features | |
Payment Options | |
Renewables |
Should I Switch to Simply Energy or Red Energy?
There you have it. With both retailers covered, it’s clear Red Energy and Simply Energy have plenty to offer in terms of market offers and even incentives. Regarding electricity prices, Red Energy offers better value in more states. However, when it comes to solar feed-in tariffs and features, Simply Energy has both higher rates and more to offer their customers when signing up.
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 Simply Energy’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 03/09/2024 (Simply Energy) and 04/09/2024 (Red Energy).
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.
- 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: $1,292 / year
- New South Wales electricity rates are based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network, the DMO reference price is: $1,512 / year
- South Australia electricity rates are based on usage of 4000kWh/year for a residential customer on a single rate tariff in the SA Power Networks, the DMO reference price is: $1,840/ year
- Queensland electricity rates are based on usage of 4600kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,620/ year
- 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: $2,065 / year
- 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.
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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.