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Red Energy is a major company based entirely in Australia, with a local support team. It offers electricity and gas in NSW, VIC, QLD, SA and the ACT.
Here's our full guide to Red Energy, including our thoughts on its environmental options, solar and easy comparison of its plans.
Get a cost estimate for Red Energy and apply securely online
Where is Red Energy Available?
Red Energy offers a range of different energy plans in Victoria, New South Wales, South Australia and parts of Queensland. It's 100% Australian (owned by Snowy Hydro), with a Melbourne-based head office and call-centre team.
In addition to competitive rates and incentives like Qantas Frequent Flyer points, Red Energy can also help facilitate the installation of solar panels and batteries in NSW and Victoria.
Red Energy offers pay-on-time discounts, which apply to your whole energy bill, not just the electricity you use. This means greater savings for you, which is always a good thing.
Plus, the ability to bundle GreenPower onto your bill and access solar feed-in tariffs means that you can rest easy knowing that your energy provider is doing its part for the environment.
| State | ⚡ Electricity | ♨️ Gas |
|---|---|---|
| NSW | ✅ | ✅ |
| VIC | ✅ | ✅ |
| QLD | ✅ | ✅ |
| TAS | ❌ | ❌ |
| ACT | ✅ | ❌ |
| SA | ✅ | ✅ |
| NT | ❌ | ❌ |
| WA | ❌ | ❌ |
Compare prices for Red Energy (June 2021)
Get an idea of how much Red Energy costs, starting with electricity and apply securely online.
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 May 2020 and are subject to change. Always check the providers site before applying - Your actual bill may vary, depending on your usage.
Based on the AER annual model usage in the Ausgrid network, the AER reference price is $1,462 / year.
Energy prices change regularly in VIC, NSW, QLD, SA, ACT and TAS. Our pricing and estimates below may not always take these possible changes into account, so please confirm plan details and pricing with the provider before making a decision.
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 May 2020 and are subject to change. Always check the providers site before applying - Your actual bill may vary, depending on your usage.
Based on the general usage in the CitiPower network the VDO reference price is $1,270 / year.
Energy prices change regularly in VIC, NSW, QLD, SA, ACT and TAS. Our pricing and estimates below may not always take these possible changes into account, so please confirm plan details and pricing with the provider before making a decision.
Note: For residents outside of South East Queensland, residents don't get to choose their provider as energy is regulated by the Queensland Competition Authority.
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 May 2020 and are subject to change. Always check the providers site before applying - Your actual bill may vary, depending on your usage.
Based on the AER annual model usage in the Energex network, the AER reference price is $1,508 / year.
Energy prices change regularly in VIC, NSW, QLD, SA, ACT and TAS. Our pricing and estimates below may not always take these possible changes into account, so please confirm plan details and pricing with the provider before making a decision.
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 May 2020 and are subject to change. Always check the providers site before applying - Your actual bill may vary, depending on your usage.
Based on the AER annual model usage in the SA Power Networks network, the AER reference price is $1,832 / year.
Energy prices change regularly in VIC, NSW, QLD, SA, ACT and TAS. Our pricing and estimates below may not always take these possible changes into account, so please confirm plan details and pricing with the provider before making a decision.
A quick review of Red Energy
Pros
- Electricity plans to residents of NSW, VIC, QLD, SA, and the ACT, as well as natural gas to NSW, VIC, QLD, and SA.
- Qantas Frequent Flyer Point rewards for every dollar spent on your bill on their Qantas Red Saver plans.
Cons
- All discounts and special deals are highly conditional, requiring you to pay on time every time to get the benefits.
What plans are offered by Red Energy?
Electricity
The Living Energy Saver is a variable rate electricity plan, with no contract or exit fees and flexible billing. Victorian residents in particular have access to a pay on time discount and Red Energy Rewards with this plan.
This is similar to the Living Energy Saver plan, except you get 10,000 Qantas Points on signup and a further 2 points for every $1 you spend on your bill if you pay on time. Once again, Victorians can enjoy a pay on time discount.
Only for Victorians. This is identical to the Qantas Red Saver plan except that you trade your 10% pay on time discount for increased frequent flyer points — 7 points per $1 spent instead of 2.
Only for NSW residents. A variable rate electricity plan which adds in a 365-day membership for one adult and two kids to Taronga Zoo Sydney and Western Plain Zoo Dubbo, plus some discounts on zoo merchandise and food.
Gas
A basic natural gas plan with variable rates, no contract term and no exit fees. Victorians alone can enjoy a 10% pay on time discount on their bill.
Largely the same as the Living Energy Saver plan, but provides 5,000 Qantas Points on signup and 2 additional points for every $1 you spend on your gas bill. If you live in Victoria, you'll get a 10% pay on time discount off your bill.
What plans are offered for small businesses?
Red Energy has two plans on offer for each of electricity and gas, available to business customers located in VIC, NSW, QLD, SA and the ACT.
Red Business Saver
The Red Business Saver plan offers variable rate electricity with flexible payment options. There's no contract and no exit fees, plus Red Energy's Renewable matching promise means it will generate one unit of renewable energy for every unit of power you buy.
This matching promise does not apply in Queensland.
Qantas Red Business Saver
This plan provides variable rate electricity with no contract and no exit fees. You get 10,000 bonus Qantas Business Rewards Points when you sign up, and a further 2 points per $1 spent when you pay your bill.
Red Business Saver
The Red Business Saver plan provides variable rate natural gas with no special features. You can access flexible payment options depending on where you're located, however.
Qantas Red Business Saver
Get variable rate gas with no contract and no exit fees with this plan. You'll receive 5,000 Qantas Business Rewards Points when you sign up, and an additional 2 points per $1 spent paying your gas bill.
Does Red Energy offer solar?
Yes, Red Energy has a range of solar installation options available for customers who are interested, providing consultations and different solar packages including panels, inverters, and batteries. Red Energy claims to offer:
- Great performance in environments with low irradiance.
- At least 10 years of product warranty.
- Comprehensive energy monitoring solutions.
Once you have your solar panels up and running, or if you already have a system set up, Red Energy also has solar feed-in tariffs for energy you feed back into the power grid. These are around average for each state.
How green is Red Energy?
Red Energy scored a 5.4/10 on the Green Electricity Guide, putting it slightly above average for Australian energy retailers. It owns very few non-renewable assets and has a good price for its GreenPower offerings, but it doesn't do much in the way of energy management and response and lacks carbon offsets.
It does have a renewable matching promise on its Living Energy Saver plans in NSW, VIC, SA, and the ACT, where its parent company Snowy Hydro will generate one unit of renewable energy for every unit of energy you purchase.
Does Red Energy offer any special incentives to sign up?
- Red Energy Rewards. Living Energy Saver customers in NSW and VIC get access to Red Energy Rewards, which provides 4,500 discounts and offers from restaurants, hotels, and more.
- Qantas Frequent Flyer points. With the Qantas Red Saver electricity and gas plans, you'll generate tons of frequent flyer points when you pay your bill on time, plus a few thousand on signup. You'll get even more points if you live in Victoria and join the Qantas Red Plus plan.
Can I manage my plan from my phone?
Although you can manage your account online and pay bills, there's no dedicated app for management on mobile platforms.
Important notes: The estimated price we show by default is based on a single rate tariff. On your bill this might be known as a 'peak tariff', 'peak only' or an 'anytime tariff'. There are other tariff types available to customers and you may need to contact your provider if you are on these tariffs:
- Single rate with a controlled load
- Time of use
- Time of use with a controlled load
The price estimate should not be used as an official quote, but an indication of what your costs may be on the plan. It varies based on whether you provide us with your bill details. You can learn more here.
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Ask an Expert
We are interested in getting 30 solar panels and possibly a battery storage system. Would love an onsite inspection and quote
Hi Jan,
Thanks for leaving a question on finder.com.au. You can contact them directly and get a quote by going to their website. Hope it helps.
Cheers,
Joel Marcelo
I am single into a new rental home looking for appropriate electricity plan
Hi Piotr,
Thanks for reaching out.
To get the most suitable provider for you, you may check out our guide on electricity plans to learn more about your options, what to look for, and how to compare electricity plans and providers.
You may also fill out the form on the same page and get in contact with an energy broker to discuss your options. Before applying, please ensure that you read through the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
Cheers,
Joanne
Is it likely that Red Energy will enter the Tasmanian energy market soon? Kind regards, Scott
Hi Scott,
Thanks for your inquiry.
I’m afraid we don’t have the answer to that question. What you can do is directly get in touch with Red Energy and confirm.
In the meantime, if you are keen to explore other options, please check our list of energy providers in Tasmania.
Cheers,
Rench
I am a Red Energy user and have installed solar panels on my house from a different company. Will I get a discount and at what dollar rate will I get off my electricity bill for power returned to the grid?
Hi Chris,
Thanks for your question. Just to confirm, you have reached finder, a comparison website and general information service, not actually Red Energy.
I suggest you contact Red Energy directly to enquire how much solar rebates you can get. Meanwhile, you may refer to our guides here on solar rebates in Australia and on solar panels payback time for helpful information.
Kind regards,
Liezl
Does red energy give discounts and rewards for being a customer?
Hi Kerry,
Thanks for your inquiry.
With Red Energy plans, you can get A discount off your entire energy bill and you’ll receive a rewards book on signup for access to more than 3,500 deals on groceries, dining, takeaway, hotels, movies, attractions and much more.
You may contact Red Energy directly for further inquiries.
Cheers,
Rench