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Powershop Review: Gas and Electricity
Renewables are what fires Powershop's energy supply, with 100% carbon offset on both gas and electricity included in the price.
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Powershop is Australia's greenest power company and has been for three years in a row. Its 100% carbon neutral and owned by Meridian Energy, Australasia's largest 100% renewable energy generator. Originally only in Victoria, Powershop now provides electricity in New South Wales, Queensland and South Australia as well. Since June 2018, it also sells gas in Victoria.
Is Powershop right for me?
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How much does Powershop cost?
Disclaimer: The following price estimates are a general guide only. Prices are based on a residential customer in NSW who consumes 3,900 kWh a year on a single rate tariff in the Ausgrid network. Prices last checked on December 2019 and are subject to change. Always check the providers site before applying.
| Plan name | Difference from reference price | Conditional discount? | Estimated price (per 91 days) | Estimated price (Annual) |
|---|---|---|---|---|
| PowershopLITE | 7% less | $341.64 | $1,367 | |
| Shopper Market Offer | Equal to | $366.49 | $1,466 | |
| Standing Offer | Equal to | $366.49 | $1,466 |
Disclaimer: The following price estimates are a general guide only. Prices are based on a residential customer in Melbourne, Victorian who consumes 4,000 kWh a year on a single rate tariff in the CitiPower network. Prices last checked on December 2019 and are subject to change. Always check the providers site before applying.
| Plan name | Difference from reference price | Conditional discount? | Estimated price (per 91 days) | Estimated price (Annual) |
|---|---|---|---|---|
| PowershopLITE | 10% less | $299.00 | $1,196 | |
| PowershopLITE | 2% less | $328.20 | $1,313 | |
| Victorian Default Offer | Equal to | $333.10 | $1,332 | |
| Shopper Market Offer | 7% more | $355.35 | $1,421 | |
| Shopper Market Offer | 17% more | $389.85 | $1,559 | |
| Standing Offer | 26% more | $421.17 | $1,685 |
Disclaimer: The following price estimates are a general guide only. Prices are based on a residential customer in Queensland who consumes 4,600 kWh a year on a single rate tariff in the Energex network. Prices last checked on December 2019 and are subject to change. Always check the providers site before applying.
| Plan name | Difference from reference price | Conditional discount? | Estimated price (per 91 days) | Estimated price (Annual) |
|---|---|---|---|---|
| PowershopLITE | 11% less | $350.63 | $1,403 | |
| Shopper Market Offer | 1% less | $388.55 | $1,554 | |
| Standing Offer | Equal to | $392.02 | $1,568 |
Disclaimer: The following price estimates are a general guide only. Prices are based on a residential customer in South Australia who consumes 4,000 kWh a year on a single rate tariff in the SA Power Network. Prices last checked on December 2019 and are subject to change. Always check the providers site before applying.
| Plan name | Difference from reference price | Conditional discount? | Estimated price (per 91 days) | Estimated price (Annual) |
|---|---|---|---|---|
| PowershopLITE | 9% less | $443.56 | $1,774 | |
| Shopper Market Offer | Equal to | $484.40 | $1,938 | |
| Standing Offer | Equal to | $484.40 | $1,938 |
Breakdown of plans offered
Powershop customers can pre-purchase "Powerpacks" of energy at a reduced price through its online store or phone app. To get these packs, you'll need to sign up to the Shopper Market Offer plan which is the same price as the industry-regulated Reference Price (or Victorian Default Offer in Victoria).
These packs vary in terms of the rates and amounts you buy at any given point, with regular specials advertised through the Powershop app. You'll receive the pack offers via mobile notification once per month so you don't miss out on any deals.
It might require a little more attention than going with traditional energy retailers but it'll save you a bunch and ensures you're with Australia's greenest provider. For those who do want to set and forget, Powershop also offers Powershop Lite. The current Powerpack offerings include:
Powerpack offerings
This is a discounted pack offering the best discount available on the day of purchase. It's always available and is a great way to take advantage of offers, so long as you log in at least once a month. The Power Saver Pack comes with a 12% conditional discount and is available in Victoria, New South Wales, South Australia and Queensland.
This pack allows you to buy in bulk upfront and save on your energy costs. With the Mega Pack, you pre-purchase three months of energy, so you can save. With a 15% conditional discount, it's a larger discount than the Power Saver Pack because you will pay more upfront. Available in Victoria, New South Wales, South Australia and Queensland.
Spot Specials are released weekly and are available for a limited time only. You'll receive a notification through the mobile app whenever an offer is available. Available in Victoria, New South Wales, South Australia and Queensland.
Future Packs and Super Future Packs let you lock in a discount by purchasing power in advance. This is a good way of limiting your power bills during the warmer months. The Super Future Packs help you save more by offering you the biggest discount available. The further out you buy a Future Pack, the bigger the discount. Available in Victoria, New South Wales, South Australia and Queensland.
The Your Community Energy Powerpack lets you support small-scale renewable energy in Australia, with a small premium used to fund community renewable energy projects around Australia. Available in Victoria, New South Wales, South Australia and Queensland.
If you prefer to set and forget, Powershop also offers Powershop Lite, a set-and-forget service more in line with traditional energy retailers with a monthly bill paid by direct debit. Powershop Lite still works out cheaper than the Reference Price/VDO, making it a good option for those who want to buy energy this way. Available in Victoria, New South Wales, South Australia and Queensland.
Only available in Victoria, you can choose from the Gas Saver Pack, Gas Mega Pack or Gas Auto Pay Pack. The Auto Pay Pack is the default pack if you haven't purchased any discounted packs.
Does Powershop offer solar?
As a green energy provider, Powershop offers feed-in solar tariffs across all the regions it retails electricity.
While Powershop won't install solar panels for customers, it does have its own solar advisory service, called Better Solar.
You don't actually have to be a Powershop customer to take advantage of the Better Solar program, you just need to be a resident looking to install solar panels in New South Wales, Victoria, South East Queensland or South Australia.
Once you fill in the interest form, Powershop will get one of its installers to offer a comprehensive solar proposal as well as an estimate of any potential savings you could make from installing a solar system.
How green is Powershop?
Greenpeace has rated Powershop as Australia's greenest energy company for three years in a row. Not only does Powershop automatically carbon offset all its customers' energy usage for no additional cost, it also supports the government's GreenPower initiative.
Because Powershop sells energy through Powerpacks, GreenPower is incredibly versatile, allowing you to pre-purchase as much GreenPower energy as you want.
Instead of choosing the percentage of GreenPower you want to purchase, you simply buy as much of the relevant GreenPower Powerpack you wish to spend in advance.
Does Powershop offer any special incentives to sign up?
There are a number of reasons worth signing up to Powershop for:
- Green power. Powershop offers 100% carbon offsets for no additional cost, plus flexible GreenPower options and solar feed-in tariffs.
- Refer-a-friend bonus. Get a neighbour or friend to sign up with Powershop and get a $75 credit on your account, applied as a $25 discount every month for 3 months.
- Curb Your Power program. Victorians can take advantage of the Curb Your Power program, which offers a $10 credit on your account if you can reduce your usage to a specified curb target during a peak demand event.
Can I manage my plan from my phone?
Yes. Everything is online, meaning no paper bills. The Powershop smartphone app is an easy way to keep on top of your energy usage and pay your bill on the go. The Powershop app lets you buy power whenever you need or want it. You can let the app notify you when it's time to pay your bill or if you're very organised, you can open the app and do it yourself.
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Ask an Expert
We live in North Queensland near Mackay can we get your deal.
Darren
Hi Darren,
Thanks for your inquiry
To apply for Powershop Deals, please click the green ‘Go to site’ button located above. Upon clicking the button, you will be directed to Powershop’s Site and you can apply from there.
Hope this information helps
Cheers,
Arnold