Find out which providers operate in the Australian Capital Territory.
There are a number of gas and electricity retailers that supply energy in the ACT and choosing the right plan may help save you money.
Learn about your different options and compare them below.
Essential facts about ACT energy plans
- There are three gas providers and six electricity providers in the ACT
- The market is deregulated, but you can still choose a regulated plan
- Canberra plans to produce 90% of its electricity from renewable sources by 2020
Search and compare energy providers in the ACT
How does the energy market work in the ACT?
Evoenergy (as part of ActewAGL) is the main electricity distributor in the ACT, although some remote distribution systems are handled by other companies.
There are currently half a dozen electricity retail suppliers in the ACT. These are:
- Momentum Energy
- Red Energy
- Simply Energy
Evoenergy is also the primary distributor of gas in the ACT, though like electricity, other companies do provide some remote systems.
There are only three gas suppliers in the ACT:
How to compare energy plans
The ACT has a relatively large range of providers given its population and it's important to understand what to look for when you're comparing plans and providers. This includes:
- Bundling. If a provider sells electricity and gas see if it offers a discount if you sign up for both.
- Discounts. Most providers offer some kind of discount to get your business. A discount is always welcome, but try to find lasting discounts rather than one-off reductions. A discount in the first month isn't worth much if prices remain higher later.
- Flexible payment and late fees. Check to see how your provider lets you pay your bills. It might be possible to pay your bills in advance or in flexible instalments. For some customers, flexibility can often mean the difference between paying an energy bill on time or paying late and incurring a fee.
- Choice. Many providers offer a variety of plans and some might be better than others. If you use a lot of energy during off-peak hours, a policy with off-peak pricing is probably a good idea, for example.
- Monitoring. Some providers let you monitor your energy bills and usage using a smartphone app. Knowing more about your energy spending habits can help you make better decisions about your energy usage and save you money.
How can I switch providers in the ACT?
Because the ACT's energy market is deregulated, it's easy for consumers to switch providers. All you need to do is:
- Choose a new provider
- Notify the new provider you wish to switch and sign the contract
What to keep in mind when switching energy plans
While switching providers is easy, you need to consider the following when looking for a better energy deal:
- Switching fees. Your existing provider may charge a fee for finishing a contract early. It must be specified in the contract.
- Cooling-off period. Make sure your plan includes a 10-day cooling-off period.
- Tariffs. Tariffs are the fees retail providers charge customers. They can be broken down into a supply charge, which is effectively an access fee, and a rates charge, which measures your actual energy consumption.
- Contract terms. Make sure to check your contract terms carefully. Some providers automatically roll over your contract when it expires, which can be convenient but may come with higher costs.
You might not even need to switch energy providers to get a better deal. It's always worth asking your existing provider if it's willing to match the better price you've found elsewhere. It never hurts to ask.