Electricity

Whether you live amongst the bustle of Sydney or the beauty of greater New South Wales, you might be concerned that you’re not currently getting the best deal for your electricity.

If you’re looking for a way to compare  plans in your area, you’ve come to the right place. At Switchwise, we provide an independent and free service to NSW households. Our energy comparisons are designed to help you compare electricity deals so you can hopefully find an easy way to lower your electricity bill.

Electricity Market in New South Wales

Regulations

NSW is the largest electricity market in Australia with just over over 3 million residential properties and 19 licensed retailers (1). With such a highly competitive electricity market, the people of NSW have even more chance to save!

NSW has a fully deregulated electricity market. This deregulation can promote greater competition and means you might be able to access a variety of different discounts. While this means you have lots of choice among electricity plans, it can also make it harder to wade through the different promotions and plans these companies use to entice you.

Who can switch?

No matter if you’re moving into a lovely inner-Sydney home, looking to reduce your household expenses in Coffs Harbour or motivated to make a green change around the Blue Mountain area, it’s a good idea to compare electricity plans.

Most residents in NSW are free to switch their electricity provider provided you’re not locked into a binding contract – and even then it’s sometimes possible to terminate early - but watch out for any early termination fees! You may also want to find out about the gas market in NSW.

NSW Electricity Providers

The NSW electricity market is sourced by a wide range of distributors, who supply electricity to the local electricity providers – our main electricity page breaks down this relationship in more detail.

Switchwise breaks down a range of electricity suppliers in Sydney and greater NSW for you. The companies we compare are:

It is important to note, however, that Switchwise does not compare every provider and every plan available in Sydney or greater New South Wales. Also, in some cases not all plans offered by the providers on Switchwise’s panel are compared; the percentage of plans we compare varies from provider to provider and will depend on where your property is located. 

Considering moving interstate? Check out our guides to electricity in Melbourne - VIC, Brisbane - QLD, Adelaide - SA, Perth – WA and Canberra - ACT.

Electricity Prices, Plans & Deals

Comparing the extensive lists of plans, deals and prices on Australia’s biggest electricity market can be headache-inducing. But with Switchwise, all you have to do is provide us with some details. Using your information, we calculate your yearly energy usage. We then offer an estimate of your annual cost should you switch NSW electricity suppliers. To learn more abouthow we calculate your usage, please visit our FAQs.

Typically, electricity is broken down into:

Usage charges – measured in kilowatt hour (kWh) based on your electricity usage. Sometimes your plan will split these into peak and off peak prices.

Supply charges – a fixed cost represented as a daily price that goes back to the distributor to help maintain the network.

We organise your electricity plan comparisons according to price (including discounts and rebates) so any potential savings are clear.

You can also filter for options including no exist fee plans (if available); all key aspects of the deal are laid out in an easy-to-read format, including:

  • Payment options available – how and when you will be billed
  • Tariff blocks – one rate that either rises or falls for the next part of your usage
  • Minimum contract terms and early termination fees
  • Incentives – bonuses or discounts offered to switch suppliers
  • Available renewable energy plans
  • Special terms and conditions and any other services offered

 You don’t have to be concerned about losing power with Switchwise. When you change over plans, you’re transferring NSW electricity providers, not necessarily the source. 

How to Switch & Save

It can be all too easy to save on your NSW electricity bill, as Switchwise does nearly everything for you, from trying to find the right plan for your needs to helping you make the switch.

In a nutshell, we hope to simplify electricity so you can enjoy an easy comparison of some of NSW’s electricity plans offered by our partner retailers. By condensing confusing pricing and products into a simple comparison chart, you could hopefully find the NSW electricity deal that works for you.

Your work is minimal. You need only enter your postcode and answer a few basic questions. That’s when we take over, providing you with a list of some of NSW’s electricity plans that could offer you potential savings. If you want to know more, visit our FAQ section.

 And if you’re gearing to hopefully make some savings through a better electricity deal, use our comparison tool or contact our team today!

References

(1) Australian Energy Regulator: “Annual Report on the Performance of the Retail Energy Market 2013-14”