NSW has the highest energy consumption of any state in Australia, largely because it is the most populous. Econnex compares all the current energy providers and supplies its customers with the information to find the cheapest gas and electrical solutions for them in Sydney and NSW. Don’t pay more than you must for your energy!
There are three distributors of electricity in Sydney: Ausgrid, Endeavour Energy, and Essential Energy. Your location determines your distributor. Even so, there are a range of retailers you can choose from. Some of the big names include Origin, Red, Simply Energy, and a whole range of others.
In 2014, the government brought in deregulation legislation. This leads to more competition in the market, which should drive prices down further. In order to take advantage, first, check your current tariff rate. Your electricity tariff is the pricing structure that determines how much you are charged for energy, this includes:
Smart meters are another option to reduce your costs.
As well as measuring electricity use, they also track in real time, are more accurate, and you can access your usage data from an online portal. A recent study in 2015 found that consumers who switched to the lowest available offer could save up to $522.
Nearly 40% of households haven’t compared prices and switched to a cheaper plan; if you haven’t, now is the time! For thorough and always industry-current comparisons of gas and electricity providers in Sydney and NSW, look no further than Econnex. Not in NSW? We also help residents in Victoria source the cheapest energy!
Similar to electricity, three companies distribute gas in NSW. These are the Central Ranges System, Jemena Gas Networks, and Wagga Wagga Gas Distribution Network which is owned by Australian Gas Networks who outsources the operation of the network to the APA Group.
Your distributor is determined by where you live, but you can choose a range of retailers. Some of the big names include Origin, Red, Simply Energy and a whole range of others.
Some suppliers (standard gas suppliers), are assigned to certain regions and can only offer one price. This is determined on the 1st of July each year by IPART.
Gas tariffs are typically less flexible than electricity. However, you still may be able to find a cheaper tariff by comparing your gas plan.
Certain households, those using Liquefied Petroleum Gas (LPG), may be eligible for a NSW gas rebate excluding small gas bottles, saving you $99 a year.
If you are undergoing financial hardship, you may be also eligible for vouchers through the Energy Accounts Payment Assistance Scheme.
You can choose a gas retailer for a lower rate – compare energy rates.
As of September 2020, here are the top 24 cheapest electricity deals in NSW. These costs are for the Ausgrid network in Sydney but rates may vary depending on your circumstances like your distributor, your meter type, and actual usage. This comparison assumes general energy usage of 3900kWh/year for a residential customer on a single rate tariff. Please use our extensive energy comparison platform for a specific comparison in NSW and to see other plans in our database that may be available. Our database may not include all energy plans in your area.
| Provider | Plan | As per EME Medium Usage Estimate (14.3 kWh/day) | |
|---|---|---|---|
| Nectr | Nectr Friends Clean | $1,290 | Compare Now |
| Mojo | All Day Breakfast | $1,330 | Compare Now |
| Reamped | ReAmped Advance | Anytime | $1,330 | Compare Now |
| GloBird Energy | GLOSAVE Residential (Flat Rate)-Ausgrid | $1,330 | Compare Now |
| Tango | Home Select | $1,340 | Compare Now |
| Kogan Energy | Kogan Energy Market Offer | $1,350 | Compare Now |
| Powerclub | Powerbank Home Flat | $1,380 | Compare Now |
| Click Energy | Click Flora Plus | $1,410 | Compare Now |
| OVO | The One Plan | $1,410 | Compare Now |
| Sumo | Sumo Assure Residential | $1,420 | Compare Now |
| Powershop | Shopper Market Offer | $1,450 | Compare Now |
| Simply Energy | NSW Simply Choice Elec 21% Discount | $1,450 | Compare Now |
| Bright Spark Power | 12 Month Contract Electricity | $1,460 | Compare Now |
| CovaU Energy | Freedom Plus - Residential Ausgrid Single | $1,470 | Compare Now |
| Future X | Market Offer - Smart Flat | $1,470 | Compare Now |
| Commander | Residential Market | $1,490 | Compare Now |
| Dodo | Residential Market | $1,490 | Compare Now |
| PowerDirect | Powerdirect Residential Rate Saver | $1,490 | Compare Now |
| Momentum Energy | Smile Power Flexi_EA010 | $1,510 | Compare Now |
| Electricity In A Box | Great Mates Rates S | $1,510 | Compare Now |
If you haven’t previously thought about switching your retailer, our price comparison tool suggests it’s worth a look. It’s the same deal when it comes to the find the cheapest electricity prices in Victoria.
Energy rebates and concessions can help reduce the cost of your electricity and gas bills. Most rebates have been brought in by governments to help low-income earners and concession card holders pay their bills. You might also be eligible for a rebate if you have a medical condition. We’ve highlighted rebates for New South Wales below, so take a look to see if you could be eligible for one.
Visit Service NSW.
Health Care Card, Pensioner Concession Card, Department of Veterans Affairs Card.
Visit Service NSW.
The rebate will vary depending on the equipment you use. For example, $1.54 per day for a home dialysis machine and $0.71 per day for a Continuous Positive Airways Pressure machine.
People with concession cards that use electrically-operated life support equipment to treat life-threatening conditions.
Visit Service NSW.
People with concession cards that cannot self-regulate their body temperature.
Visit Service NSW.
(This rebate cannot be claimed for the use of small BBQ gas bottles or bottled gas less than 45Kg/88L.)
Pensioner Concession Card, Health Care Card, Department of Veterans Affairs Gold Card. (If you hold a Commonwealth Seniors Health Care Card, Low Income Health Care Card, Foster Child Health Care Card or Ex-Carer Allowance (Child) Health Care Card you won’t be eligible for this rebate.)
$50 excluding GST or $55 including GST.
People who have difficulty paying their electricity or natural gas bill.
Community welfare organisations distribute EAPA vouchers to electricity and gas customers. You can find out more at Service NSW.
Even if you’re not eligible for an energy rebate, you might be able to make some savings by changing your energy plan – especially if you’ve been on the same plan for a long time.
See how much you could save. Compare electricity retailers NSW.
Over the years, governments have provided incentives for renewable forms of energy such as solar power. As the uptake of solar systems has increased, solar rebates have decreased in value. And in some cases, the rebates for installing solar systems have been removed all together.
The NSW Solar Bonus Scheme provided financial assistance for many households to go solar up until 31 December 2016. That scheme is now closed. However, a couple of other initiatives have been implemented to assist households. So, if you’re thinking about going solar, it’s worth checking to see you might be eligible for the offers below.
Note: The battery-only option is for homes with existing solar. This offer does not include solar-only options. Businesses and participants in the Solar for Low Income Households trial (see below) are not eligible.
Visit the Energy NSW website to find out more.
Apply online at the Energy NSW website.
While not a government rebate, solar feed-in tariffs can also help you save money. Also known as ‘buy back rates’ or ‘solar tariffs’, feed-in tariffs give you money back for any surplus electricity you export to the national electricity grid.
To be eligible to receive a solar feed-in tariff, you will need a solar system that is connected to the grid.
You may also be able to receive feed-in tariff credits on your electricity bill if you are renting. However, this would need to be agreed upon with the owner of the rental property.
Feed-in tariffs will vary depending on the area in which you live and the electricity plan you have. When comparing feed-in tariffs, it’s important to consider your electricity usage, the usage rates, the supply rates, any discounts, and the contract period.
To learn more, see Using solar feed-in tariffs to save.
For more information on going solar, see A little guide to solar.