Amber Electric review
Amber Electric's plans are available to households in NSW, VIC, SA, the ACT and south-east Queensland.
Its model works differently to most traditional energy providers as it offers access to wholesale electricity prices in return for a $25 per month subscription fee.
Rather than adding a margin to the energy you use, Amber passes on wholesale electricity prices at cost, along with the hedging, network, metering and environmental costs it pays to supply you, so your bill is more than the raw wholesale price.
Wholesale prices are updated every 30 minutes and are set by the Australian Energy Market Operator.
This model will suit your household, whether you have solar or not, as long as you're comfortable monitoring pricing trends and changing energy usage habits accordingly.
Be aware that when wholesale prices spike, you could pay more for power.
Pros
- Its smart app tracks wholesale prices in real time so you know when to use more power for less
- 100% carbon-neutral plans
- CommBank customers can get up to $210 off for the first 12 months
Cons
- Wholesale pricing model may not suit all households
- Limited customer support options





