Final call: 6 energy sign-up deals to grab before prices change 1 July
Take advantage of energy sign-up deals before they're removed (which could be at any time).
It's not fun comparing energy plans or shopping for sign-up deals. Not when you'd rather spend that time searching for shopping sales for new clothes, tech, or home appliances before the end of the financial year.
But think about the hundreds of dollars you could be spending on things you want or need if you did switch to a cheaper electricity or gas plan.
And the sign-up credit you'll get if you take advantage of some of the offers floating around right now.
Before we get to the good part: You can read all about 1 July energy price changes and how they'll impact you here. On a separate note, gas prices are going up from a bunch of retailers due to network and transmission costs. Make sure to check your email for both electricity and gas price changes and how you're being impacted.
AGL's energy deal - Up to $200 sign-up credit
AGL's offering between $150 to $200 in electricity credits if you switch from another provider or if you're moving homes.
You'll need to sign up now and stay at least until 30 June.
Availability: NSW, South East QLD and SA residents can get $200. VIC residents will receive $150.
You can take advantage of the bill credit on AGL's Netflix Plan, which includes Netflix Standard with ads (worth $96 a year). You can always choose a different Netflix tier and pay the remaining cost.
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.
Alinta Energy - Save up to $200 on energy plans
Alinta Energy is offering up to $200 bill credit on its electricity and gas HomeSaver plans to customers who haven't received any bonus credit from the retailer in the last 12 months.
Availability: NSW and VIC residents can get $100 each for both electricity and gas. Households in South East QLD and SA can get $50 for each fuel type.
Up to $200 bonus credit
Sign up to Alinta Energy's HomeSaver plan to get up to $200 bonus credit. T&Cs apply.
Sign up to Alinta Energy's HomeSaver plan to get up to $200 bonus credit. T&Cs apply.
OVO Energy - $150 in welcome credit
OVO Energy will credit your account with $50 for the first three months if you sign up now. That's $150 in total.
If you leave early, you'll be forfeiting the remainder of your welcome credit.
Availability: New residential customers in NSW, VIC, South East QLD and SA.
Origin Energy - Up to $200 electricity credit
Sign up to an Origin Everyday Rewards Variable or Origin Go Variable electricity plan and receive a $200 credit on your account after 30 June 2024.
You can also earn 2,500 Everyday Rewards points on the Origin Everyday Rewards plan and then 1 point per $1 ongoing.
Availability: New residential customers in NSW, QLD and SA who haven't been with Origin in the last 12 months.
Momentum Energy - $200 welcome credit
New customers who sign up directly with Momentum Energy's Warm Welcome plan can get a $200 credit on their first bill.
Availability: New residential customers in NSW, VIC, QLD (Energex network) and SA.
Energy Australia - $200 electricity bill credit
New and moving customers who sign up with Energy Australia's Flexi Plan can get their account credited with $200 in their first billing cycle.
Availability: Households in VIC and NSW.
How do I save money on my energy bills in the new financial year?
A bunch of providers are offering sign-up discounts right now to get you in the spirit of switching, especially ahead of the 1 July energy price changes.
You can take advantage of the offers and then set a reminder for after 3 months to compare again.
This will give you enough time to take advantage of any bill credit and have a clearer picture of how providers stack up against each other based on costs for the new financial year.
Some other tips include:
- Check your last energy bills. Your provider needs to notify you every so often whether you can move to a cheaper plan to save money.
- Call your retailer after 1 July and see if they have cheaper offer available. Negotiating can go a long way in saving you some bucks.
- Make sure you're on the right tariff for your home. For example, you might have automatically been moved to a Time of Use electricity tariff by your distributor if you have a smart meter. This is when you get charged a higher rate for using energy during peak hours as opposed to off-peak times. It may not work for your household. You can request to be moved to a single rate tariff where you get charged a single price for your energy usage regardless of time of day.
Enter your postcode in the widget and start comparing energy plans to see if you can switch to a cheaper provider.
Did you know NBN prices are also changing in July? Read all about it here to find out why and how you can save.
