Cheap Energy Plans In [NSW,VIC,QLD,SA,ACT,TAS,NT]Australia 2024

As we enter the year 2024, energy costs continue to be a major concern for households and businesses across Australia. With rising electricity prices and the increasing demand for sustainable energy sources, it can be overwhelming to find an affordable energy plan that meets our needs. That's why we have compiled a comprehensive guide to the cheapest energy plans in New South Wales, Victoria, Queensland, South Australia, Australian Capital Territory, Tasmania, and the Northern Territory. Our goal is to help you navigate through the complex world of energy providers and find a plan that not only fits your budget but also contributes to a more sustainable future. Let's dive into the details and find out how you can save on your energy bills in 2024.

 

TIME TO SWITCH UP YOUR ENERGY BILLS

Are you tired of constantly receiving high energy bills? Are you looking for a way to save money on your monthly expenses? Well, look no further because in 2024, there are plenty of cheap energy plans available in various parts of Australia. Whether you are living in New South Wales, Victoria, Queensland, South Australia, Australian Capital Territory, Tasmania, or Northern Territory, there are energy plans that can help you save money and reduce your carbon footprint. Let's take a closer look at some of the options available in each state.
New South Wales:
Residents of New South Wales can breathe a sigh of relief as there are numerous affordable energy plans that can help them save money. Some of the top providers offering cheap energy plans include AGL, Origin Energy, and Energy Australia. These providers offer a variety of plans, including fixed-rate and variable-rate plans, allowing consumers to choose the one that best fits their needs. By comparing the plans offered by these providers, consumers can find the one that offers the best value for money.
Victoria:
Victoria residents can also take advantage of the competitive energy market in their state. The top energy providers, including AGL, Origin Energy, and Energy Australia, offer a range of cheap energy plans that can help consumers reduce their monthly expenses. One notable option is the Victorian Default Offer (VDO), which is a government-regulated energy plan that ensures consumers are charged a fair price for their electricity and gas usage.
Queensland:
Queensland is home to some of the most affordable energy plans in Australia. The state has a deregulated energy market, allowing consumers to choose from a variety of plans offered by different providers. Some of the top providers in Queensland include Alinta Energy, AGL, and Origin Energy. By comparing the plans offered by these providers, consumers can find a plan that suits their budget and energy needs.
South Australia:
South Australia is known for its expensive energy prices, but that is slowly changing with the introduction of affordable energy plans. Some of the top providers in the state, including AGL, Energy Australia, and Origin Energy, offer plans that can help consumers save money on their energy bills. These plans include competitive rates and incentives such as sign-up bonuses, making them an attractive option for residents of South Australia.
Australian Capital Territory:
In the Australian Capital Territory, there are various energy providers offering competitive energy plans. Some of these providers include ActewAGL, Origin Energy, and EnergyAustralia. These providers offer plans with different features and rates, allowing consumers to choose the one that best suits their needs. By switching to a cheaper energy plan, residents of the Australian Capital Territory can see a significant reduction in their energy bills.
Tasmania:
Tasmania is another state where consumers have a range of options when it comes to affordable energy plans. Aurora Energy, Origin Energy, and Alinta Energy are some of the top providers offering competitive rates to the residents of Tasmania. By comparing the plans offered by these providers, consumers can find a cheap and reliable energy plan that helps them save money.
Northern Territory:
Lastly, residents of the Northern Territory can also find affordable energy plans in their state. Some of the top providers, including Jacana Energy, Aurora Energy, and NT Power & Water Corporation, offer competitive rates and plans that cater to the energy needs of consumers in this state. By switching to one of these plans, residents can see a reduction in their energy bills and contribute to a greener future.
with so many affordable energy plans available in Australia, now is the time to switch up your energy bills. By comparing the plans offered by various providers and choosing the one that best fits your needs and budget, you can save money on your monthly energy expenses. So, don't wait any longer and make the switch to a cheaper energy plan today!

How do I know which supplier is right for me?

With the rising cost of energy, it is crucial to find a cheap energy plan that suits your needs and budget. But with so many suppliers and plans available in NSW, Vic, Qld, Sa, Act, Tas, and Nt Australia, it can be overwhelming and confusing to determine which one is right for you. Here are some factors to consider when choosing an energy supplier:

1. Tariff types

Energy plans usually have two types of tariffs - flat rate and time of use. A flat rate tariff charges the same amount for electricity usage throughout the day, while a time of use tariff offers different rates for peak, off-peak, and shoulder periods. If you have a flexible lifestyle and can shift your energy usage to off-peak hours, a time of use tariff may be more cost-effective. However, if you use most of your energy during peak hours, a flat rate tariff may be a better option.

2. Your energy usage

Understanding your energy usage patterns can help you choose the right plan that aligns with your needs. If you have a high energy usage, a plan with higher discounts or lower rates may be more beneficial. On the other hand, if you have a low energy usage, a plan with lower supply charges may be a better choice.

3. Contract length

Some energy suppliers offer discounts for customers who sign up for longer contracts, such as 1-2 years. While this may seem appealing, make sure to consider the potential exit fees if you decide to switch suppliers before the contract ends. If you prefer flexibility, look for shorter or no lock-in contracts.

4. Price comparison websites

Using price comparison websites can make it easier for you to compare energy plans from different suppliers. These websites allow you to enter your energy usage details and location, and they will show you a list of available plans and their estimated costs. However, keep in mind that these websites may not have all the available plans, so it is still best to visit the supplier's website for more information.

5. Additional benefits

Aside from the energy rates and discounts, some suppliers also offer additional benefits such as rewards programs, solar feed-in tariffs, or discounts on other household services. Consider these perks when comparing energy plans to get the most value for your money.

Which tariff is best for me?

Determining which tariff is best for you ultimately depends on your energy usage and lifestyle. If you have a consistent and high energy usage, a flat rate tariff may be more suitable for you. On the other hand, if you have a flexible lifestyle and can shift your energy usage to off-peak hours, a time of use tariff may be a cost-effective option. It is recommended to analyze your energy usage patterns before deciding on a tariff type.

In addition, keep in mind that energy plans and tariffs can change over time, so it is essential to review your plan periodically to ensure that you are still getting the best deal. With the right research and comparison, you can find a cheap energy plan that meets your needs and helps you save on your energy bills in NSW, Vic, Qld, Sa, Act, Tas, and Nt Australia.

 

Cheapest Electricity Prices in NSW

1. EnergyAustralia’s Total Plan
EnergyAustralia’s Total Plan is one of the cheapest energy plans in NSW, offering customers a 12% discount on their electricity usage charges when they pay on time. This plan also has no exit fees, meaning customers can switch to another plan or provider at any time without any additional costs. Additionally, customers can opt for flexible payment options such as direct debit or BPay to make managing their energy bills even easier.
2. Origin Energy’s Everyday Rewards Plan
Origin Energy’s Everyday Rewards Plan is another affordable option for electricity in NSW. Customers can receive a 12% discount on energy usage charges and also earn up to 10,000 Flybuys points every year. This plan also offers flexibility with payment options and no lock-in contracts, making it a convenient and cost-effective choice for many households.
3. AGL’s Essentials Plus Plan
AGL’s Essentials Plus Plan is designed for customers who want a simple and low-cost energy plan. With a 10% discount on electricity usage charges when bills are paid on time, this plan is a great option for those looking to save on their electricity bills. Customers also have the choice to add on a solar feed-in tariff, making it an ideal plan for households with solar panels.

Cheapest Electricity Prices in VIC

1. Simply Energy’s Simply Plus Plan
Simply Energy’s Simply Plus Plan is one of the cheapest electricity plans in VIC, offering customers a 25% discount on electricity usage charges when they pay on time. This plan also has no exit fees and customers can choose between monthly, quarterly, or bi-monthly billing cycles to suit their budget and needs. Plus, for every year customers stay on this plan, they can receive an additional 5% discount on their energy usage charges.
2. Powershop’s Shopper Market Offer
Powershop’s Shopper Market Offer is another affordable option for electricity in VIC. Customers can receive a 10% discount on usage charges and also have access to Powershop’s online platform where they can track their energy usage and save even more money. This plan also has no lock-in contracts and no exit fees, giving customers the freedom to switch to a different plan or provider if needed.
3. Alinta Energy’s No Fuss Plan
Alinta Energy’s No Fuss Plan is designed for customers who want a simple and no-fuss energy plan. With a 25% pay on time discount on electricity usage charges, this plan is a great option for households looking to save on their energy bills. Customers also have the option to add on a solar feed-in tariff, making it a suitable plan for those with solar panels.
there are many cheap energy plans available in NSW and VIC that offer competitive prices and discounts for customers. It's important for households to compare different options and choose a plan that best fits their needs and budget. With the rising cost of living, finding an affordable electricity plan can make a significant difference in households' expenses.

Cheapest Electricity Prices in QLD:

As the third largest state in Australia, Queensland is home to a growing population and a booming economy. With a high demand for energy, it is important for residents to find the most affordable electricity plans. In 2024, here are the top three cheapest electricity prices in QLD:

1. Energy Locals: This energy provider offers a 100% carbon-neutral plan, making it not only affordable but also environmentally friendly. With low usage charges and no lock-in contracts, Energy Locals is a popular choice for budget-conscious customers in QLD.2. Alinta Energy: Alinta Energy is known for its competitive pricing and flexible plans. Customers have the option to choose from a variety of plans, including a time of use plan that offers cheaper rates during off-peak hours. With no exit fees, customers have the freedom to switch plans if they find a better deal elsewhere.3. Dodo Power & Gas: While known for their internet services, Dodo Power and Gas also offers affordable electricity plans in QLD. Customers can enjoy low usage rates and discounts for paying their bills on time. Plus, their customer service is available 7 days a week to assist with any inquiries.

Cheapest Electricity Prices in SA:

South Australia is known for its high electricity prices, but with the right plan, residents can still find affordable options. Here are the top three cheapest electricity prices in SA for 2024:

1. ReAmped Energy: This energy provider offers competitive rates and transparent billing, making it a popular choice for customers in SA. With no lock-in contracts and no exit fees, customers have the flexibility to switch plans if they find a better deal.2. Powerclub: Powerclub is a member-owned energy retailer that offers wholesale electricity prices to its customers. This means that customers only pay for the actual cost of electricity, resulting in significant savings. Plus, their app allows customers to monitor their usage and find ways to reduce their energy consumption.3. Origin Energy: While Origin Energy may not always have the cheapest rates, they do offer discounts and loyalty rewards for long-term customers. They also have a variety of plans to choose from, allowing customers to find one that best suits their needs and budget.

Cheapest Electricity Prices in ACT:

With its small population, the Australian Capital Territory (ACT) has some of the lowest electricity prices in the country. However, customers can still find even more affordable options. Here are the top three cheapest electricity prices in ACT for 2024:

1. Amber Electric: This energy provider uses real-time wholesale prices to determine their customers' rates, resulting in significant savings. Customers also have access to an app that allows them to track their usage and receive alerts for high prices.2. ActewAGL Power: As the main energy provider in the ACT, ActewAGL offers competitive rates and discounts for customers who sign up for e-billing and direct debit. They also offer a time of use plan with cheaper rates during off-peak hours.3. Energy Locals: With a 100% carbon-neutral plan and low usage charges, Energy Locals is also one of the cheapest electricity options in the ACT. Customers can enjoy the peace of mind of knowing that their electricity consumption is not harming the environment.

 

Cheapest Electricity Prices in TAS

Tasmania, known for its beautiful landscapes and nature, also offers some of the cheapest electricity prices in Australia. With a competitive market and increasing number of energy providers entering the market, Tasmanian residents are now able to choose from a variety of cheap energy plans. Here are three of the cheapest electricity prices in TAS for 2024.
1. Aurora Energy
Aurora Energy, the state-owned electricity retailer, has one of the cheapest electricity prices in Tasmania. They offer a variety of energy plans tailored to suit different needs and budgets. One of their most popular plans is the "Basic Plan" which offers a daily supply charge of just 91.45 cents and a usage rate of 25.19 cents per kWh. This plan is suitable for small households or those with low electricity usage.
For larger households, Aurora Energy also offers the "Medium Plan" which has a daily supply charge of 91.45 cents and a usage rate of 26.24 cents per kWh. This plan is ideal for families or households with higher electricity consumption.
2. Powershop
Powershop is another energy provider offering competitive electricity prices in Tasmania. They have a unique approach to energy, allowing customers to buy power in advance and offering discounts for buying certain amounts at a time. They have a daily supply charge of 101.20 cents and a usage rate of 23.03 cents per kWh, making them a popular choice for households with moderate electricity consumption.
Powershop also offers a range of discounts and promotions throughout the year, allowing customers to save even more on their electricity bills. Their user-friendly app and online portal make it easy for customers to track their energy usage and manage their account.
3. Red Energy
Red Energy, a subsidiary of Snowy Hydro Limited, is another energy retailer with affordable electricity prices in Tasmania. Their "Lifestyle Energy" plan offers a daily supply charge of 101.2 cents and a usage rate of 24.50 cents per kWh. This plan is suitable for households with moderate to high electricity usage.
Red Energy also offers a "Green Energy" plan for those looking for a more environmentally friendly option. This plan has a slightly higher daily supply charge of 103.4 cents but a lower usage rate of 22.93 cents per kWh. They also have a loyalty program, offering discounts to customers who stay with them for an extended period of time.

Cheapest Electricity Prices in NT

While the Northern Territory may have a smaller population compared to other states, it still offers some of the cheapest electricity prices in Australia. With only one retailer, Jacana Energy, operating in the NT, customers have limited options but are still able to access affordable energy plans. Here are three of the cheapest electricity prices in NT for 2024.
1. Jacana Energy
Jacana Energy, the sole electricity retailer in the NT, offers a variety of energy plans with competitive prices. Their "Simple Energy Plan" has a daily supply charge of 96.80 cents and a usage rate of 30.25 cents per kWh. This plan is suitable for small households or those with low electricity consumption.
For larger households, Jacana Energy also offers the "Standard Energy Plan" with a daily supply charge of 96.80 cents and a usage rate of 34.16 cents per kWh. They also have a "Green Energy Plan" for customers looking for a renewable energy option, with a daily supply charge of 97.23 cents and a usage rate of 33.87 cents per kWh.
2. Discounted Community Plan
The Northern Territory Government also offers a discounted energy plan for eligible community groups and organisations. The Discounted Community Plan has a daily supply charge of only 30 cents and a usage rate of 22.37 cents per kWh. This plan aims to support community groups and organisations in the NT and help them save on their energy bills.
3. Market Contract Offer
For eligible customers, there is also the option to negotiate a market contract offer with Jacana Energy. This offer can provide even lower electricity prices compared to their standard energy plans. Negotiating a market contract offer may require a minimum electricity usage, but it can result in significant savings for eligible customers.
Tasmania and Northern Territory offer some of the cheapest electricity prices in Australia. With a range of energy providers and plans available, residents are able to find a suitable and affordable option for their electricity needs. As the energy market continues to evolve, we can expect to see more competitive prices and innovative plans in the coming years.

What should I consider when switching energy?

Switching to a new energy plan can be a great way to save money and reduce your carbon footprint. However, with so many options available, it can be overwhelming to know where to start. Here are some key factors to consider when switching to a cheap energy plan in [NSW, VIC, QLD, SA, ACT, TAS, NT] Australia in 2024.
1. Your current energy usage
Before looking for a new energy plan, it is important to understand your current energy usage. This will help you determine how much energy you use and how it is being used. Look at your past energy bills to get an idea of your average energy consumption. This information will also be useful when comparing plans from different energy providers.
2. The type of energy plan
There are two main types of energy plans: fixed rate and variable rate. A fixed rate plan has a set price for energy usage for a certain period of time, while a variable rate plan fluctuates based on the market price of energy. Consider your budget and energy usage patterns to determine which type of plan would be more suitable for you.
3. Discount and incentives
Some energy providers may offer discounts or incentives to attract new customers. These can include discounts for paying on time or signing up for a direct debit, as well as sign-up bonuses or credits towards future bills. Be sure to compare these discounts and incentives when looking for a new energy plan, as they can significantly impact the overall cost.
4. Green energy options
If you are environmentally conscious, you may want to consider switching to a green energy plan. These plans use renewable energy sources such as solar, wind, or hydro power, which is better for the environment. While these plans may be slightly more expensive, they can help reduce your carbon footprint and contribute to a sustainable future.
5. Exit fees
Before signing up for a new energy plan, make sure to check for any exit fees or penalties. These fees may apply if you decide to switch to a different plan before the end of your contract. It is important to factor in these fees when comparing energy plans to ensure you are getting the best deal.
6. Customer service and reviews
Switching to a new energy provider means dealing with a different company for your energy needs. It is important to research the customer service and reviews of the energy providers you are considering. This will give you an idea of their reputation and how they handle customer inquiries and concerns.
7. Time of use rates
Some energy providers offer time of use rates, where the cost of energy varies depending on the time of day. This can be beneficial if you are able to shift your energy usage to off-peak times, as it could result in lower energy bills. However, it is important to carefully consider your energy usage patterns and determine if this type of plan would be beneficial for you.
switching to a cheap energy plan in [NSW, VIC, QLD, SA, ACT, TAS, NT] Australia in 2024 requires careful consideration of your current energy usage, the type of plan, discounts and incentives, green energy options, exit fees, customer service, and time of use rates. Be sure to compare plans from different energy providers to find the best option for your specific needs and budget.

1. What are the fixed and variable costs associated with your energy plans?

When it comes to energy plans in Australia, there are both fixed and variable costs that consumers should be aware of. Fixed costs refer to the charges that remain the same every month, regardless of energy usage. These typically include basic service fees, connection fees, and administration fees. On the other hand, variable costs are dependent on the amount of energy used and can fluctuate from month to month. These include charges for electricity usage, peak and off-peak rates, and any additional usage fees.

The fixed costs associated with energy plans in Australia are set by the government and regulated by the energy market regulator. This means that all consumers will pay the same fixed costs, regardless of which energy provider they choose. However, the variable costs may differ between providers, as each one sets their own rates and fees for energy usage.

It is important for consumers to carefully consider both the fixed and variable costs when choosing an energy plan. While a plan with lower fixed costs may seem appealing, it may have higher variable costs that could end up being more expensive in the long run. On the other hand, a plan with higher fixed costs may have lower variable costs, making it more cost-effective for those who use more energy.

it is crucial for consumers to carefully compare the fixed and variable costs of different energy plans to determine which one will best suit their needs and budget.

2. Are there any discounts or promotions for signing up with a contract?

There are various energy providers in Australia that offer competitive and affordable energy plans in different states and territories. When researching cheap energy plans, it is important to also consider discounts or promotions that may be available when signing up with a contract. These deals could potentially provide even more savings on your energy bills.
Some providers offer sign-up bonuses or credit back on your first few bills, while others may offer discounts for bundling multiple services, such as gas and electricity. It is worth checking with individual providers to see if they have any current promotions or discounts for new customers.
To ensure you are taking advantage of all available discounts, it is recommended to carefully read the terms and conditions of any contract before signing up. This will ensure that you are aware of any fees or charges that may apply, as well as the length of the contract and any potential early termination fees.
while there are various cheap energy plans available in Australia, it is important to also consider discounts and promotions when deciding on the best option for your energy needs. By carefully researching and comparing different providers and their offers, you can find an affordable energy plan that also offers additional savings through discounts or promotions. Remember to read the fine print and understand the terms and conditions before making a decision.

3. Do you offer flexible payment options or payment plans?

In order to provide affordable energy plans in [NSW, VIC, QLD, SA, ACT, TAS, NT] Australia in 2024, it is important to consider the payment options available to customers. One aspect that should be taken into consideration is whether or not flexible payment options or payment plans are offered.

Offering flexible payment options can greatly benefit customers who may have varying financial situations. By allowing customers to choose from different payment options such as weekly, fortnightly, or monthly payments, they can better manage their energy expenses and avoid any financial strain. This can also help customers who may experience unexpected financial difficulties and cannot afford to pay their bill in full, allowing them to make smaller, more manageable payments.

In addition, offering payment plans can also be beneficial for customers. Payment plans allow customers to pay off their energy bills in installments over a period of time, making it easier for them to budget their expenses and avoid any large, unexpected bills. This can also be beneficial for customers who may have a fixed income or are on a strict budget.

By offering flexible payment options and payment plans, energy providers can cater to a wider range of customers and make their services more accessible and affordable. This can ultimately lead to improved customer satisfaction and retention, making it a win-win situation for both the provider and the customer.

4. Is there a penalty for early termination of the contract?

When it comes to choosing a cheap energy plan in Australia, it is important to consider all aspects of the contract. One important question to ask is whether there is a penalty for early termination of the contract. This is especially crucial for those who may need to move out of their current residence or switch to a different provider before the end of the contract period.

In most cases, there is a penalty for early termination of an energy contract. This is because the energy provider incurs costs for setting up the contract and providing services to the customer. As a result, they may charge a fee for breaking the contract before the agreed upon end date. This fee can vary depending on the provider and the specific terms of the contract.

It is important to carefully review the terms and conditions of a cheap energy plan before signing up. Some providers may offer more flexible contracts with lower or no penalties for early termination. Alternatively, customers can also consider opting for a shorter contract period, such as a one-year plan, to avoid potential penalties in the future.

In addition, it is essential to keep in mind that early termination penalties may also apply if the customer fails to fulfill their end of the contract. For example, if the customer does not pay their bills on time or breaches the terms of the contract, the provider may impose a penalty for early termination.

customers should be aware of the potential penalties for early termination when choosing a cheap energy plan in Australia. It is important to carefully read and understand the terms and conditions of the contract before signing up to avoid any surprises or unexpected fees in the future.

5. How do you source your energy and what steps are taken to ensure it is environmentally sustainable?

The sourcing of energy in Australia is primarily through a combination of traditional and renewable sources. The main traditional sources include coal, natural gas, and oil. These sources are obtained through mining and drilling activities, which can have negative effects on the environment such as air and water pollution, and greenhouse gas emissions.

To ensure that energy sourcing is environmentally sustainable, steps are being taken to reduce reliance on traditional sources and increase the use of renewable energy. This includes implementing policies and incentives to encourage the use of renewable energy sources such as solar, wind, and hydro power. Additionally, strict regulations are in place to limit the environmental impact of traditional energy sources and promote the use of cleaner technologies.

In the future, it is expected that there will be a greater shift towards renewable energy sources, as the government and private sector invest more in research and development to make these sources more efficient and cost-effective. This will not only reduce the impact on the environment but also create opportunities for a greener and more sustainable economy.

When it comes to energy plans in Australia, the options seem endless. With so many providers and plans to choose from, it can be overwhelming to try and find the best one for your household. That's why we've done the research for you and compiled a list of some of the best and most affordable energy plans in [NSW, VIC, QLD, SA, ACT, TAS, NT] for the year 2024.
From big name providers like Origin Energy and AGL to smaller, independent companies like Powershop and Mojo Power, there is a wide range of options available to suit your specific needs and budget. Some plans offer discounts for using direct debit or for paying on time, while others provide incentives for switching to solar energy.
In addition to cost, it's important to consider the type of energy plan that best suits your household. For example, a fixed rate plan may offer stability and predictability in your bills, while a variable rate plan may have more flexibility and potential for savings during off-peak times.
Regardless of which plan you choose, it's always a good idea to regularly review and compare your energy options to ensure you're getting the best deal. With the energy market constantly changing and new plans being introduced, it's important to stay informed and take advantage of any potential savings.
In the end, finding the right energy plan for your household may take some time and research, but it's worth it for the potential long-term savings. With the rising cost of living in Australia, it's important to find ways to save where we can, and selecting an affordable and suitable energy plan is a great place to start. So don't hesitate, start looking into your options now and switch to a better energy plan for your household in 2024.