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Red Energy is a 100% Australian retailer owned by Snowy Hydro. They sell electricity and gas to residents of NSW, VIC, QLD, SA, and the ACT, and help customers install their own solar systems.
With Red Energy, you can pile up a ton of Qantas Frequent Flyer Points, plus access plenty of pay-on-time discounts and rewards. They are reasonably green, with GreenPower options and a renewable matching promise on some of their plans.
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Red Energy: In summary
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.
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Get a cost estimate for Red Energy (May 2020)
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.
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 $1,420 / year.
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.
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.
Red Energy has two main electricity plans for residents of NSW, VIC, QLD, SA, and the ACT, plus special plans for NSW and VIC. It also has gas plans for NSW, VIC, QLD, and SA.
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.
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.
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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