Revealed: Australia’s 3 greenest energy providers in 2022
The good news is, they can cost up to 21% less than the average energy bill in Australia, depending on where you live.
Greenpeace's hotly anticipated Green Electricity Guide has received an incredible makeover, revealing Australia's greenest energy providers that are worth signing up to if you're an environmentally conscious Aussie.
Plus, they won't break the bank.g
Quick overview
- Both Enova Energy and Diamond Energy tied for first place with a perfect 5-star score
- Momentum Energy rounds up the top 3 with a 4.5-star score
- Powershop dropped to a lowly ninth after details were revealed of its merger with Shell last year (it had claimed top spot in the 2018 version of the guide)
- AGL came in last with a 1-star score, largely due to its plan to burn coal until 2048
Here's a look at what the top 3 greenest energy providers in Australia have to offer:
Enova Energy
Community-owned Enova Energy's focus on renewable energy and 50% donation to community projects gives it a double thumbs up.
Signing up with Enova means:
- Receiving an automatic 3% pay-on-time discount added to your bill
- No lock-in contract
- Option to add 50–100% government accredited 100% renewable energy (GreenPower)
- 100% Australian owned and operated
Where is it available? Currently, Enova has gone under administration.
Diamond Energy
Also tied in first place with Enova is Diamond Energy, which was rated just as highly for its commitment to green energy in 2018 as it is now.
Signing up with Diamond Energy means:
- Getting access to ongoing discounts on your energy bills: 7% off when you pay on time and 3% off when you pay with direct debit
- No lock-in contract or exit fees
- Being able to easily access its Australia-based support team
- Getting rewarded for being a loyal customer through its Thrive rewards program
Where is it available? In NSW, VIC, QLD and SA.
You can read our full review for more information.
Momentum Energy
Momentum Energy plans come with a free "renewable promise" – every unit of energy you buy is matched with one from a renewable energy source.
Signing up with Momentum means:
- You get Australia-based customer support
- No lock-in contract
- Self-serve plans can give you a bigger discount on your energy rates if you agree to purely online correspondence and plan management
Where is it available? In NSW, VIC, QLD and SA, plus natural gas in VIC.
You can read our full review for more information.
Will you end up paying more for your energy bill?
To give you an example of cost differences, we've used average annual bills for NSW, QLD, VIC and SA.
Finder's Consumer Sentiment Tracker, which helped us calculate the average household bill (per year) each state was stacked up against Enova, Diamond and Momentum's yearly estimates.
We found that depending on where you live, you could be paying 1% to 21% less than the average energy bill.
| Cheapest bill | Difference from average | |
|---|---|---|
| Annual bill (CST) | $1,427.20 | |
| Enova | $1,390.00 | 3% less |
| Diamond | $1,301.00 | 9% less |
| Momentum | $1,128.00 | 21% less |
| Cheapest bill | Difference from average | |
|---|---|---|
| Annual bill (CST) | $1,313.60 | |
| Enova | ||
| Diamond | $1,281.00 | 3% less |
| Momentum | $1,098.00 | 16% less |
| Cheapest bill | Difference from average | |
|---|---|---|
| Annual bill (CST) | $1,257.60 | |
| Enova | $1,455.00 | 1% less |
| Diamond | $1,369.00 | 1% less |
| Momentum | $1,251.00 | 1% less |
| Cheapest bill | Difference from average | |
|---|---|---|
| Annual bill (CST) | $1,550.40 | |
| Enova | ||
| Diamond | $1,631.00 | 1% less |
| Momentum | $1,544.00 | 1% less |
We used the lowest plan price available as of February 2022 in our engine and on the provider websites for Enova, Diamond and Momentum. Average energy bill estimates were taken from the responses of over 16,000 Australians on Finder's Consumer Sentiment Tracker, last checked on February 2022 as well.
Top 10 greenest energy providers in Australia
Here's a full list of all the energy providers that made the top 10 cut.
- Enova Energy
- Diamond Energy
- Momentum Energy
- Indigo Power
- Energy Locals
- Nectr Energy
- CoPower
- Amber Electric
- Powershop
- Mojo Power
Good to know
- The Green Electricity Guide was developed taking 6 criteria into account: that the companies provide clean, renewable energy; they're committed to ending coal use by 2030; they're halting fossil fuel expansion; their support for new renewable energy; transparency in marketing; and pollution and environmental harm.
- 28 of the 48 providers that were rated in the Green Electricity Guide scored 3 stars or below.
- 76% of Australia's electricity still comes from the burning of fossil fuels.
- If you don't want to switch energy plans, you could add on anywhere between 10% and 100% GreenPower that will allow companies to send renewable energy to grid on your behalf. It'll cost you about $150 per year if you opt for 100% GreenPower.
Want to know if signing up with the greenest energy providers will cost you more money? Use Energy Finderâ„¢ to compare plans available in your area.
