As energy prices continue to rise across Australia, it has become increasingly important for consumers to compare and choose the most cost-effective energy provider. In this article, we will delve into the details of Victorian Energy Compare, including its purpose, how it works, and why it is important for Australian consumers to utilize this resource. With the rising cost of living, understanding and choosing the right energy provider can make a significant difference in your budget. So, let's explore Victorian Energy Compare and how it can help you save money on your energy bills.
Which Energy Providers are in Victoria?
In Victoria, there are numerous energy providers to choose from. The top 10 energy providers in Victoria are AGL, RED Energy, EnergyAustralia, Origin Energy, Powershop, Momentum Energy, Simply Energy, Dodo Power & Gas, Alinta Energy, and Lumo Energy. These providers offer a range of electricity and gas plans to cater to the diverse needs and preferences of consumers in Victoria.AGL: AGL is one of the largest energy companies in Australia and has been serving customers for over 180 years. They offer electricity and gas plans to residential and business customers, with a focus on renewable energy. AGL also offers solar plans and has a variety of payment options for customers.
RED Energy: RED Energy is an Australian-owned energy retailer that offers electricity and gas plans to customers in Victoria, New South Wales, South Australia, and Queensland. Their plans are known for their competitive prices and excellent customer service. Additionally, RED Energy offers customers the choice to support renewable energy through their GreenPower options.
EnergyAustralia: EnergyAustralia is one of the largest energy providers in Australia and has been operating for over 100 years. They offer electricity and gas plans to residential and business customers, with a focus on innovative and sustainable energy solutions. EnergyAustralia also offers customers the option to choose renewable energy plans.
Origin Energy: Origin Energy is a leading energy retailer in Australia, offering electricity and gas plans to residential and business customers. They have a diverse range of plans to choose from, including green energy options. Origin Energy also has a range of initiatives to support customers during energy emergencies and natural disasters.
What types of Electricity Plans are there in Victoria?
In Victoria, there are various types of electricity plans available from different energy providers. These plans differ in terms of pricing, billing cycles, and contract lengths. Here are the most common electricity plans in Victoria:Standard Retail Contracts: These are the default electricity plans that you will be placed on if you do not actively choose a plan from your energy provider. They have variable rates and no fixed contract period, meaning you can switch to a better deal at any time.
Market Retail Contracts: Market contracts are agreements between you and your energy provider, with the terms and conditions set by the retailer. They often have lower rates and may offer discounts for paying on time or through direct debit. Market contracts can have fixed or variable rates and contract lengths.
Time of Use Plans: Time of use plans offer different rates for electricity usage depending on the time of day. For instance, the rates may be higher during peak hours and lower during off-peak hours. These plans are suitable for customers who can shift their electricity usage to off-peak times.
Solar Plans: With the increasing popularity of solar panels in Victoria, many energy providers offer specific plans for solar customers. These plans often have feed-in tariffs, where customers can sell excess energy back to the grid.
Green Energy Plans: Some energy providers offer plans that support renewable energy production, such as wind or solar farms. These plans allow customers to reduce their carbon footprint and support sustainable energy sources.
Victoria has a diverse range of energy providers and plans to choose from. It is essential to research and compare different providers to find the best deal for your household or business. With the help of Victorian Energy Compare, consumers can easily compare energy prices and plans to make an informed decision and save on their eneompare EnergyAustralia Energy Plan Plan Name RATES Annual Cost (excl. discounts) Discount Benefit Period Tariff AGL Value Saver $565/91 days $3,310 23% less than the reference price Single rate RED Energy Living Energy Saver VIC $565/91 days $2,480 20% less than the reference price Time of Use EnergyAustralia Balance Plan Home $580/91 days $2,480 18% less than the reference price Single rate EnergyAustralia Origin Advantage Variable VIC $589/91 days $2,480 17% less than the reference price Single rate Origin Energy Standing Offer Home $708/91 days $2,490 None Single rate
The Victorian Energy Compare is a useful tool for residents of Victoria, Australia who are looking to compare different energy plans and providers. With the rising costs of energy in Australia, it is important for consumers to make informed decisions when it comes to choosing an energy provider. The Victorian Energy Compare website allows users to easily compare prices and benefits from different providers in one place, making it easier to find the best plan for their needs.
One of the main factors that consumers consider when choosing an energy plan is the rates. The table above displays the current rates for some of the top energy providers in Victoria. It is important to note that these rates are based on a 91-day billing cycle and may vary depending on the consumer's usage and location. However, having a general idea of the rates offered by different providers can help consumers make a more informed decision.
Discounts and Benefits
Another important aspect to consider when comparing energy plans is the discounts and benefits offered by providers. As shown in the table, some providers offer discounts up to 23% less than the reference price, making their plans more cost-effective. It is important for consumers to pay attention to the discount benefit period, as some may only apply for a limited time. This means that after the discount period ends, the rates may increase.
Tariff
The final column in the table displays the tariff of each plan. This refers to the pricing structure of the plan, which can be either single rate or time of use. A single rate tariff charges a fixed rate for electricity usage, regardless of the time of day. On the other hand, a time of use tariff offers different rates for usage during peak and off-peak times. This can be a beneficial option for consumers who are able to shift their energy usage to off-peak hours.
the Victorian Energy Compare is a valuable tool for residents of Victoria, Australia who are looking for the best energy plan and provider for their needs. With the ability to compare rates, discounts, and tariffs from different providers, consumers can make a more informed decision and potentially save money on their energy bills. It is important for consumers to regularly review their energy plans and compare them to other options to ensure that they are getting the best deal.
1.Compare AGL Energy Plans in Victoria
AGL is one of the leading energy providers in Australia, with a strong presence in Victoria. If you are looking for a reliable and trustworthy energy provider, AGL may be the right choice for you. Let’s take a closer look at the features, benefits, and rates of AGL energy plans in Victoria.
Features:
One of the key features of AGL energy plans in Victoria is the $100 sign-up credit for new customers. This credit is applied to the first bill, providing customers with immediate savings. Additionally, AGL offers competitive rates on energy usage and supply, making it a cost-effective choice for households.
Another useful feature of AGL energy plans is the AGL My Account and App. This tool allows customers to track their energy usage, check their bills, make payments, and even monitor the performance of their solar panels. With easy access to this information, AGL customers can stay in control of their energy consumption and make more informed decisions.
AGL also offers 24/7 customer service, ensuring that customers can get support anytime they need it. This is especially helpful for those experiencing energy-related issues or emergencies.
Lastly, AGL provides a Power on Guarantee for their customers. This means that if for any reason, AGL fails to have power connected on the agreed move-in date, they will cover expenses up to $500 per day until power is restored. This guarantee gives customers peace of mind and shows AGL's commitment to providing reliable energy services.
Why AGL?
AGL has a strong reputation in the energy market, with over 180 years of experience in the industry. They are also the largest electricity generation portfolio in the country, providing customers with a reliable and stable source of energy. AGL is committed to using renewable energy sources and has a plan to exit coal-fired generation by 2050.
Plan Details:
Now, let's take a closer look at the details of AGL energy plans in Victoria.
Discounts and Fees:
As mentioned earlier, new customers can receive a $100 credit when signing up for a 12-month plan. There are also no contract exit fees or dishonoured payment fees when you choose AGL as your energy provider. However, there may be fees associated with using a credit card for payment.
Billing Options:
AGL offers customers the flexibility to choose between monthly or quarterly billing. They also have a handy feature called My AGL Monthly Bill, which allows customers to choose their own billing day.
Payment Options:
AGL provides various methods for bill payment, including online, app, credit card, BPAY, phone, direct debit, cash, Centerpay, Post Billpay, and PayPal. This gives customers the convenience of choosing the payment method that works best for them.
Rates Details:
For AGL customers in Victoria, the daily supply charge is 84.227 cents per day (including GST). The usage rate is 30.162 cents per kWh (including GST), with these rates effective from 05/07/2024. There is also a connection fee of $14.60 (including GST) during business hours.
Solar Details:
If you have solar panels, AGL offers a feed-in tariff of 7.0 cents per kWh for solar energy fed back into the grid. However, to be eligible for this tariff, the solar inverter capacity must be 10 kW or less.
AGL is a reputable and reliable energy provider in Victoria, offering competitive rates, useful features, and a commitment to renewable energy. Their plans come with a $100 sign-up credit, no contract exit fees, and 24/7 customer service. With various payment options and a Power on Guarantee, AGL is a top choice for energy customers in Victoria.
2.Compare RED Energy Plans in Victoria
Features:
The first thing that sets RED Energy apart is its ownership. It is fully owned by Snowy Hydro Limited, a leader in renewable energy. This means that when you choose RED Energy, you are supporting renewable energy and contributing to a more sustainable future.
In addition to this, RED Energy has won multiple awards for its customer service, including the Canstar Most Satisfied Customers award for 11 consecutive years. This is a testament to its commitment to providing excellent service to its customers.
Another great feature of RED Energy is its Living Energy Saver plan. This plan offers competitive rates, making it an attractive option for those looking to save on their energy bills. Moreover, RED Energy is also involved in the community and has a partnership with Breast Cancer Network Australia, showing its commitment to giving back.
Why RED Energy?
With so many energy providers in the market, you may be wondering why you should choose RED Energy. Here are some reasons why it may be the best option for you:
- 100% Australian owned and operated: By choosing RED Energy, you are supporting a local company and contributing to the economy.
- Award-winning service: With multiple awards for customer service, you can trust that RED Energy will provide you with a hassle-free experience.
Plan Details
Now let's take a closer look at the details of RED Energy's plan:
Discounts and Fees
One of the best things about RED Energy is that there are no contract exit fees. This means that you are not locked into a long-term contract and can switch to another provider if you are not satisfied.
In case of dishonoured payments, there is a fee of up to $25 (including GST). However, there is no fee for card payments, making it convenient for customers to pay their bills.
Billing Options
RED Energy offers quarterly billing and gives customers the option to receive their bills via email or paper at no extra cost. This flexibility allows customers to choose the billing option that works best for them.
Payment Options
RED Energy offers a range of payment options, including online, phone, Direct Debit, EvenPay, BPAY, in-person at Australia Post, mail (cheque), and Centrepay. This makes it easy for customers to pay their bills in a way that suits them.
Rates Details
Now let's take a look at the rates offered by RED Energy:
- Daily Supply Charge: 73.964 cents/day (including GST)
- Usage Rate: 29.865 cents/kWh (including GST)
- Effective Date: From 31/07/2024
- Connection Fee: $113.67 (including GST) for move-in.
Green Options
For those looking to support renewable energy, RED Energy offers 100% GreenPower at an additional charge of 4.84c/kWh. This allows customers to reduce their carbon footprint and contribute to a cleaner environment.
Solar Details
If you have a solar system, RED Energy has a feed-in tariff of 5.0 cents per kWh. To be eligible, your solar system must be net-metered and connected.
3.Compare EnergyAustralia Energy Plans in Victoria
EnergyAustralia is one of the leading energy providers in Australia, offering competitive rates, flexible plans, and a commitment to renewable energy investment. Their Victorian customers have access to a variety of plans and features through the Victorian Energy Compare website. Here, we will take a closer look at EnergyAustralia's energy plans and how they compare to other providers in Victoria.Features
When it comes to features, EnergyAustralia offers some unique benefits that set them apart from other energy providers in Victoria. One of the most notable features is their 18% discount off market energy charges. This discount is guaranteed for the 12-month benefit period, making it an attractive option for those looking to save on their energy bills. EnergyAustralia also offers variable rates, meaning that energy charges can change during the benefit period, but customers will be given advance notice of any changes. Another advantage of their plans is that there are no lock-in contracts, meaning customers are free to switch to a different provider at any time without facing any exit fees. And with their 24-hour online account management tool, customers can easily manage their account at their convenience through MyAccount.Why EnergyAustralia?
With so many energy providers to choose from, why should customers in Victoria choose EnergyAustralia? One of the main reasons is their competitive rates and flexible plans. EnergyAustralia offers a range of plans tailored to customers' needs, so they can find the best option for their energy usage and budget. Additionally, EnergyAustralia has shown a commitment to investing in renewable energy, with over $1 billion invested in this sector. By choosing EnergyAustralia, customers are supporting the growth of renewable energy in Australia. And with 24/7 online account management and customer support, EnergyAustralia ensures that their customers have continuous support for their energy needs.Plan Details
To get a better understanding of EnergyAustralia's plans, let's take a look at the details of their electricity plan for Victoria.Discounts and Fees
EnergyAustralia offers an 18% discount off electricity market energy charges for the 12-month benefit period. Customers can take advantage of this discount to save on their total energy bill. Additionally, EnergyAustralia does not charge any contract exit fees, giving customers the freedom to switch to a different provider if needed. However, there is a late payment fee of $12 for dishonoured payments, and a card payment fee of 0.36% for Visa/Mastercard and 1.50% for American Express.Billing and Payment Options
EnergyAustralia offers both monthly and quarterly billing options for their Victorian customers. Payments can be made through various methods such as BPAY, Centrepay, Australia Post, cash, cheque, direct debit, phone, website, and credit cards (Visa, Mastercard, Amex).Rates Details
Here are some important details about EnergyAustralia's electricity rates for Victoria:- Daily Supply Charge: 101.2 cents/day (incl. GST)
- Usage Rate: 36.938 cents/kWh (incl. GST)
- Effective Date: From 01/07/2024
- Connection Fee: $14.60 (incl. GST) for move-in
Solar Details
For customers with solar panels, EnergyAustralia offers a feed-in tariff of 7.6 cents per kWh. This means that customers can earn money by generating electricity from their solar panels and sending it back to the grid. The tariff description is "Retailer Solar Feed-in Tariff," and GST does not apply to this benefit.EnergyAustralia offers competitive rates, flexible plans, and a commitment to renewable energy investment for their Victorian customers. With their 18% discount off market energy charges, no lock-in contracts, and 24/7 online account management, EnergyAustralia is a top choice for those looking for an energy provider in Victoria.
4.Compare Origin Energy Plans in Victoria
Origin Energy is one of the leading energy providers in Victoria, offering a range of plans to suit the needs of residential customers. With a commitment to providing affordable and sustainable energy, Origin Energy has become a popular choice for households across Australia. In this article, we will take a closer look at the features, benefits, and rates of Origin Energy plans in Victoria.Features
Origin Energy offers a variety of features to its customers, making it a top choice for consumers looking for a reliable and affordable energy provider. Some of the key features of Origin Energy plans in Victoria include:Variable Rates
Origin Energy offers simple usage and supply charges which may change during the energy plan period. This allows customers to have greater flexibility and control over their energy usage and costs.Proudly Australian
Origin Energy is committed to delivering affordable and sustainable energy to its customers. As an Australian company, Origin takes pride in supporting the local economy and has a strong focus on investing in renewable energy sources such as wind and solar.Cleaner Energy
Origin Energy has made significant investments in renewable energy, making it a great choice for environmentally conscious customers. With a focus on clean and sustainable energy, Origin is committed to reducing its carbon footprint and helping customers make greener choices.Flexible Payment Options
Origin Energy understands that every customer has different needs and preferences when it comes to paying their energy bills. That's why they offer a range of payment options, including Origin EasiPay which allows customers to choose from weekly, fortnightly, or monthly payment plans.Online Account Management
Customers can easily manage their Origin Energy account and monitor their energy usage through the user-friendly My Account portal. This feature allows customers to keep track of their usage and make informed decisions about their energy consumption.Call Centre Availability
Origin Energy's customer service team is available for assistance from 8am to 6pm AEDT on weekdays. This ensures that customers can easily reach out for support or queries regarding their energy plan.Why Origin Energy?
With so many energy providers available in the market, it can be challenging to choose the right one for your household. However, Origin Energy stands out for several reasons, making it a popular choice for customers in Victoria. Some of the advantages of choosing Origin Energy include:Competitive Energy Plans
Origin Energy offers a range of energy plans tailored to suit the needs of different households. Whether you're looking for a fixed-rate plan or a flexible option, there is something for everyone with Origin Energy.24/7 Online Account Access
Customers have access to their Origin Energy account 24/7 through the My Account portal. This allows them to manage their account and monitor their energy usage at their convenience.Flexible Payment Options
Origin Energy offers a range of payment options, making it easier for customers to manage their energy bills. With options like direct debit, BPAY, credit card, and EasiPay, customers can choose the payment method that suits them best.Plan Details
Discounts and Fees
Origin Energy does not charge any contract exit fees or lock-in contracts for residential products.Billing Options
Customers can choose to receive their bills every three months through standard billing.Payment Options
Origin Energy offers a variety of payment options, including direct debit, BPAY, credit card, EasiPay, online, cash, post, cheque, and POST bill pay. Customers can also pay over the counter at Australia Post, although this may incur a processing fee.Rates Details
The daily supply charge for Origin Energy is 81.169 cents/day (incl. GST), and the usage rate is 30.91 cents/kWh (incl. GST). These rates will be effective from 01/07/2024. Customers will also be charged a connection fee of $15.870 (incl. GST) for move-in.Green Options
Origin Energy offers GreenPower options for customers who want to support renewable energy sources.Solar Details
Customers with solar panels can take advantage of the 5.0 cents per kWh feed-in tariff offered by Origin Energy. This is known as the Retailer Solar Feed-in Tariff (GST inclusive, if any).Origin Energy offers a variety of features, benefits, and competitive rates for customers in Victoria. With a focus on sustainability and customer satisfaction, it is a reliable and popular choice for households looking for an energy provider in Australia. Compare Origin Energy plans today to find the best option for your household's energy needs.
