Here are some of the best sign-up deals available for electricity and gas in Australia for February 2025, from some of the country's biggest retailers.
Customers in NSW, VIC and SA will receive up to $200 welcome credit on their first electricity and gas bill when they sign up to the Perks or Saver plan.
While QLD residents will receive up to $100 welcome credit on their first electricity and gas bill when they sign up to select ENGIE plans.
Availability: NSW, VIC, QLD and SA
Get up to $200 credit
Sign up to any selected ENGIE electricity or gas plan to get up to $200 welcome credit. T&Cs apply.
Sign up to any selected ENGIE electricity or gas plan to get up to $200 welcome credit. T&Cs apply.
AGL is offering a new plan, which includes the Netflix Standard with ads plan ($7.99 per month) as part of your electricity plan for free. This plan will knock off $95.88 off your Netflix bill per year.
Additionally, you can sign up to any AGL Seniors electricity or gas plan and get up to as much as $150 credit in total - that's up to $125 credit for electricity and $25 credit for gas on your first bill.
Availability: NSW, VIC, SA and QLD.
Get a Netflix Standard plan
Sign up to AGL's Netflix plan to get a Netflix Standard plan with ads to go along with your electricity or gas plan. T&Cs apply.
Sign up to AGL's Netflix plan to get a Netflix Standard plan with ads to go along with your electricity or gas plan. T&Cs apply.
Customers of Commonwealth Bank can save up to $180 for 6 months (guaranteed minimum $50 welcome credit) with Amber Energy if you sign up with CommBank as a payment method.
Availability: New residential energy plan customers in NSW, VIC, QLD, SA, ACT.
Up to $180 off for CommBank customers
Save as much as $180 for 6 months when you sign up with a CommBank payment method. T&Cs apply.
Save as much as $180 for 6 months when you sign up with a CommBank payment method. T&Cs apply.
New customers in NSW can get $250 credits on the Super Saver plan. That's $125 after 4 months and another $125 after 8 months.
TAS customers can sign up to the 1st Energy Smart Saver plan and get a $150 credit applied on the bill after 2 month. Plus, get an additional $150 credit on the 1st Plus plan - that's $75 after 6 months and another $75 after 12 months.
Availability: NSW and TAS
Get up to $250 credit
Sign up to a 1st Energy plan and get up to $250 in bill credit. T&Cs apply.
Sign up to a 1st Energy plan and get up to $250 in bill credit. T&Cs apply.
Add your Everyday Rewards membership number to earn up to 10,000 bonus points when you sign up for both electricity and gas on an Origin Everyday Rewards plan.
You also get 1 Everyday Rewards point for each $1 you pay on your energy bill.
Availability: New and moving customers in NSW, VIC, QLD, SA and ACT.
Bundles: Save $10 a month on internet when you bundle your Origin Internet plan with Origin Energy.
Get up to 10,000 bonus points
Sign up to an Origin Everyday Rewards Variable plan to get up to 10,000 bonus points and earn 1 point for every $1. T&Cs apply.
Sign up to an Origin Everyday Rewards Variable plan to get up to 10,000 bonus points and earn 1 point for every $1. T&Cs apply.
Switch to a Qantas Red Saver plan and earn 2 Qantas Points on every $1 spent on energy bills when you pay on time. Plus, earn up to 15,000 bonus Qantas Points when you pay your electricity and gas bill in full.
If you're a moving or new customer in VIC, you can get $75 sign up credit on your electricity and gas bill on the Living Energy Saver plan. VIC residents can also earn double Qantas points - that's 20,000 bonus points on electricity and 10,000 on gas. Just make sure to sign up by 11 February 2025.
Availability: New residential customers in NSW, VIC, QLD, SA and ACT
Switch to a Qantas Red Saver plan and earn up to 15,000 bonus Qantas Points
You'll also earn 2 points per $1 spent on energy bills. T&Cs apply.
You'll also earn 2 points per $1 spent on energy bills. T&Cs apply.
Signing up for a new energy plan or know someone who is? Some energy providers offer referral deals which can save both of you some money. If you're moving house then it's worth asking around to try and save.
Diamond Energy: Existing customers in NSW, VIC, QLD or SA can receive ongoing benefits through the Diamond Energy Thr1ve program. Each new customer you refer will receive a $35 sign up credit. Plus you'll receive a 2% discount on your usage and supply charges for each friend you refer. Refer 5 friends? That's a discount of 10%. You'll continue to receive the discount so long as your referral remains with Diamond and can earn up to 100% total discount.
Red Energy: Existing customers in NSW, VIC, QLD, SA or ACT can choose between a $25 gift card and 1,500 Qantas Points for each new customer they refer to Red Energy.
Nectr. Existing customers in NSW, VIC, ACT and QLD can receive a $50 bill credit for each new customer they refer.
OVO Energy: Existing customers in NSW, QLD, SA and VIC can receive $120 in bill credit (paid in monthly instalments over 12 months) when they successfully refer a friend. Their referral will also receive $120 bill credit. There's no limit to how many friends you can refer.
Energy Locals: New customers in NSW, VIC, QLD, SA, ACT or TAS can receive a $50 bill credit when they quote an existing member's account number during sign-up. Once the new customer has signed up successfully, the referrer will also get a $50 credit.
Lumo Energy: New customers in VIC or SA can receive a $25 gift card when they quote their friend's Lumo Energy account number on sign-up. Best of all your friend will get a $25 gift card too.
CovaU Energy: Existing customers in NSW, VIC, SA, TAS, ACT and QLD can get $50 EFTPOS gift card for each new successful customer they refer to CovaU Energy.
GloBird Energy: Existing GloBird customers can get $50 account credit on the next bill after their friend pays their first bill. The referred friend will also receive the $50 credit on their second invoice.
Momentum Energy: Existing Momentum customers in NSW, VIC, QLD or SA can get $50 off your bill each time their referred friend successfully signed up for electricity. The referred friend will also get $50 on their account.
Arcline Energy: New customers in VIC can receive a $50 bill credit when they quote an existing member's account number during sign-up. Once the new customer has signed up successfully, the referrer will also get a $50 credit on their next Arcline bill.
Sumo Energy: Existing customers are eligible to receive a $50 credit when they refer a new customer to Sumo who has not had an account with Sumo in the previous 6 months. The new customer must activate and keep an electricity account with Sumo for at least 30 days. The credit will be applied to the referrer’s next monthly electricity bill after completion of the 30 days.
Amber Electric: Existing Amber customers get a $50 credit on their next bill when they refer a new customer to Amber Electric. They can also refer as many as they want with each new referral receiving a $50 credit on their first bill.
"Anytime I switch energy plans, I look out for energy deals while searching for the cheapest plan. When I switched to AGL, it was one of the cheapest options for both electricity and gas for my postcode and it was offering sign-up credits which would help lower my bills even further. The main thing I've learnt is that a provider may be offering a good deal but it won't save you money overall if its plan prices aren't one of the cheapest around."
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Frequently asked questions
The process for switching energy providers typically involves finding a new provider and signing up for a new plan. You may need to provide some personal information and details about your energy usage. Once you have signed up with the new provider, they will take care of the process of transferring your service. It is generally a straightforward process and should not disrupt your energy service.
In some cases, there may be fees associated with switching energy providers. These fees could include charges for breaking a contract with your current provider or for transferring your service to the new provider. It is important to carefully review any contract terms and fees before switching providers to ensure that you understand the full costs of the switch.
There are several factors to consider when comparing energy plans and providers, including the price of the plan, the terms of the contract, any fees or charges, and the level of customer service offered. You can compare plans and providers by using online comparison tools or by contacting providers directly to request information about their plans. It is a good idea to compare several different options to ensure that you find the best plan for your needs and budget.
In some cases, it may be possible to switch energy providers even if you are on a fixed-term contract. However, you may be required to pay a fee to break the contract early, so it is important to carefully review the terms of your contract before switching. If you are unable to switch providers due to a fixed-term contract, you may still be able to negotiate a better deal with your current provider.
Mariam Gabaji is a journalist with 13 years of experience, specialising in consumer topics like mobile services and energy costs. Her work appears in the ABC, Yahoo Finance, 9News, The Guardian, SBS, 7News, A Current Affair and Money Magazine. Mariam holds a Bachelor of Arts in Journalism and was a finalist for the 2024 IT Journalism Award for Best Telecommunications Journalist. See full bio
Mariam's expertise
Mariam has written 316 Finder guides across topics including:
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