Best Electricity and Gas Deal in VIC Currently?

davemurphy on 03/03/2017 - 14:08

Hi, it's that time again to shop around for best gas and electricity rate as my current discount with Origin is coming to end.

I am in South East Victoria, electricity by United Energy, Gas by Multinet
Single electricity rate and solar panel (transitional rate)

After compiling the pricing from several different providers as well as comparison website, the best rate for me is through Simply Energy RACV offer.
To keep things simple, the rates after %disc and GST are:

Electricity
Supply: 93.16c / day
Peak rate: 21.34c / kWh
Feed in tariff: 6c / kWh
Bonus $25 welcome credit

Gas
Supply: 77.31c /day
Peak 1: 1.716c / MJ
Rate 2: 1.551c / MJ
Rate 3: 1.345c / MJ
Bonus $25 welcome credit

Has anybody has better rate, and if so where are you located and which provider?

Home & Garden

Comments

  • Unbranded on 03/03/2017 - 15:29

    I've got the same distributors as you and last year I changed to Diamond Energy (8 cents FIT), lower base rates and up to 10% discounts for pay on time/direct debit. Easy to apply online, the transfer was hassle free.

    I went with Momentum Energy for gas only (which was the cheapest for Multinet by far) as their FIT for electricity was only 6.2 cents (not sure if it has changed). Despite the Momentum Energy stating on their website that you can only get gas if you have electricity as well, if you call them they can set you up with a gas only account over the phone.

    • stratbargain on 03/03/2017 - 15:58

      http://energythatcould.com.au/ - Pacific Hydro is slightly cheaper than Diamond Energy for United Energy (but a fair bit cheaper for Jemena who I'm with).

      Worth checking out. They don't bother with any pay on time discounts or any of that crap. Just a cheap price, no additional fees for credit payment, monthly billing etc.

      • davemurphy on 03/03/2017 - 16:27

        Thanks guys. A quick look and looks like Diamond Energy is cheaper for United Energy. I will do more research before deciding, thanks! :)

  • smith1286 on 03/03/2017 - 22:15

    I got electricity bill from Simply Energy and they have charged me 2 different prices for 2 different months. When I inquired about it then they said "price rate for the period 01 Apr 2016 to 31 Oct 2016 is 0.2336 $/kwh. price rate for the period 01 Nov 2016 to 31 Jan 2017 is 0.2669 $/kwh. price rate for the period 01 Feb 2017 to 31 Mar 2017 is 0.2668."

    Are they allowed to increase price without any prior notice ??

    • davemurphy on 06/03/2017 - 12:20

      I don't believe so, but did you check terms and conditions when you signed up?

  • Holysmoke on 04/03/2017 - 02:23
    +2

    Check out Powershop.

    • davemurphy on 06/03/2017 - 12:19

      Good prices there, thanks

      • taoz on 26/07/2017 - 18:23

        hi
        which did you find cheapest? im in south east melb also

  • silkysmooth on 06/04/2017 - 20:37

    Hey guys what's the cheapest gas in the north side. Post code 3750. I'm with simply but they won't discount if I remove my electricity.

    I have done some research looks like Pacific hydro is cheapest has anyone got feedback with dealing with them.

  • N1hW5L8gl5Dpuy on 20/07/2019 - 12:25

    +1 for GloBird. They have the best rates I could find (based on my calculations at the time I joined).
    I think they have a promotion + referral program going this year if you like this sort of thing:
    https://www.ozbargain.com.au/node/471844

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