Here are some of the best sign-up deals available for electricity and gas in Australia for April 2024, from some of the country's biggest retailers.
Biggest first bill credit: AGL - $200 credit on first bill (select plans only. Eligible for NSW, VIC, SA and QLD residents)
Earn frequent flyer points: Red Energy - Earn up to 15,000 Qantas points on Qantas Red Plan (new customers in ACT, NSW, QLD, SA and VIC)
1. AGL deals
New customers from NSW, VIC, SA and QLD residents can get up to $200 credit on selected energy plans on their first AGL bill.
AGL is also offering a new plan, which includes the Netflix Standard with ads plan ($6.99 per month) as part of your electricity plan for free. This plan will knock off $83.88 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 $250 credit.
Availability: NSW, VIC, SA and QLD.
Get up to $200 sign up credit on selected AGL plans
Switch your home electricity to AGL to get up to $200 sign up credit. T&Cs apply.
Switch your home electricity to AGL to get up to $200 sign up credit. T&Cs apply.
Customers from NSW and VIC can get up to $200 in move-in credits off their first bill when they move home with an electricity or gas plan from EnergyAustralia. T&Cs apply.
Availability: Eligible NSW and VIC residents only.
Up to $200 move-in credit on selected EnergyAustralia plans
Moving customers from NSW and VIC can get up to $200 move-in credit on selected energy plans on their first bill. T&Cs apply.
Moving customers from NSW and VIC can get up to $200 move-in credit on selected energy plans on their first bill. T&Cs apply.
New customers in NSW get their annual membership fees for free for the first 6 months while new customers in VIC get additional 9% discount on their electricity bill for the Online Member plan.
New customers in VIC will also receive a $150 credit after 6 months.
Availability: New residential energy plan customers in NSW and VIC
$150 credit after 6 months
Stay connected for 6 months on the Online Member plan to get a $150 credit. Available for VIC customers. T&Cs apply.
Stay connected for 6 months on the Online Member plan to get a $150 credit. Available for VIC customers. T&Cs apply.
Customers of Commonwealth Bank can save up to $180 for 6 months (guaranteed minimum $100 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.
Sign up to an Origin Everyday Rewards Variable or Origin Go Variable electricity plans online and get $200 credit on your account after 1 July 2024.
Add your Everyday Rewards number for up to 5,000 bonus points when you sign up for both electricity and gas on an Origin Everyday Rewards plan. That's 2,500 points for each energy type.
You also get 1 Everyday Rewards point for each $1 you pay on your energy bill. Plus, add Origin Go Zero Electricity and/or Natural Gas to collect up to 4,000 additional bonus Everyday Rewards points.
Availability: New residential customers in NSW, QLD, SA.
Bundles: Save $10 a month on internet when you bundle your Origin Internet plan with Origin Energy.
Get up to $200 credit
Sign up to an Origin Everyday Rewards Variable or Origin Go Variable plan online to get $200 electricity credit after 1 July 2024. T&Cs apply.
Sign up to an Origin Everyday Rewards Variable or Origin Go Variable plan online to get $200 electricity credit after 1 July 2024. 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-on 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.
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.
Solar power plans:
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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 an editor and tech and utilities expert at Finder with over 11+ years of experience in print and digital media. Her main goal is to help households cut through the industry jargon and save money on their household bills. Her expertise is often featured in media including the ABC, Yahoo Finance, 9News, 7News, A Current Affair, The Guardian, SBS and Money Magazine.
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