[VIC, NSW, SA, QLD] Sign up Credit: $150 Electricity & [VIC, NSW] $150 Gas @ Powershop (New & Moving Customers Only)

650

Receive up to $300 in sign-up credits
when you combine selected residential electricity and gas plans. Not available in all areas.
Combine it with Cash Rewards ($70 + $42)

Switch Saver Terms and Conditions

To be eligible to receive the $150 (incl. GST) credit (Sign-up Credit):

  • you must be a residential customer switching your electricity to Powershop from another retailer, or an existing Powershop residential customer moving to a new premises where Powershop will continues to sell you electricity, and
  • the premises you switch or move to must be in VIC, NSW, SA or South East Queensland.

You’ll get the $150 (incl. GST) credit (Sign-up Credit) as an offset against the charges on your first electricity bill. If the charges on your first electricity bill are less than the Sign-up Credit, we’ll carry over the balance of the Sign-up Credit to your next bill. If your electricity market contract ends before you’ve incurred charges to the value of the Sign-up Credit and you’re taking up a new electricity market contract with us (at the same or new premises), we’ll transfer the balance to your first electricity bill under your new contract. The Sign-up Credit otherwise isn’t transferable or redeemable for cash. We won’t pay it as a refund, and it may not be available with other Powershop offers.

Power House Gas $150 Credit Terms and Conditions

To be eligible for the offer:

  • you must be a residential customer switching your gas to Powershop from another retailer, or an existing Powershop residential customer moving to a new premises where Powershop will continue to sell you gas;
  • your premises must be in Victoria or an area of New South Wales where Powershop sells gas
  • you must have a market contract for electricity with Powershop, and switching the same premises to Powershop for the supply of your gas.

You’ll get the $150 (incl. GST) credit (Sign-up Credit) as an offset against the charges on your first gas bill. If the charges on your first gas bill are less than the Sign-up Credit, we’ll carry over the balance of the Sign-up Credit to your next bill. If your gas market contract ends before you’ve incurred charges to the value of the Sign-up Credit and you’re taking up a new gas market contract with us (at the same or new premises), we’ll transfer the balance to your first gas bill under your new contract. The Sign-up Credit otherwise isn’t transferable or redeemable for cash. We won’t pay it as a refund, and it may not be available with other Powershop offers.

Referral Links

Referral: random (208)

Referrer receives $75 credit and referee receives $75 credit on first bill.

Related Stores

Powershop
Powershop

Comments

  • Just found this but unfortunately no gas only plans, at least in NSW otherwise would have churned for the bonus

  • DAMN I joined a month ago and I didn't realised cash rewards was a thing. :(

    • +2

      I also joined a month ago. I am pretty sure this CR cashback offer wasn't around then.

      • Ok I feel better thanks! <3

      • It was available a month ago. I also joined then but the cash back offer plan has a more expensive rate than the one without.

  • +5

    Make sure you check your usage figures first. I moved away from Powershop as after their last set of rate changes and dropping the FIT to 1.4c, it was going to cost me at least $75 a month more to stay with them

  • +2

    1.4c/kWh for Solar FIT (QLD) - what a joke! Great rates for anyone without Solar, or small system though.

    • Better use that to mine crypto.

    • Yeah it is a joke!

  • What about referrals, does it stack with this offer or cashback via shopback?
    - ShopBack just transfers to econnex, that would likely not be stackable with anything else.
    - Referral looks stackable:

    Congratulations - you’ve received a unique referral from a mate to switch your energy to Powershop. Combine your offers and you can also receive up to $300 in sign-up creditslike

    • How does one go about getting both the referral bonus and cashback from cashrewards or shopback? I can click to the powershop page from only one of the two options right?

      Would be sweet to get $300 + $75 (referral) + $112 (cashrewards) to move both electricity and gas.

  • What is the minimum period to stay with them for the benefit?

  • One Big Switch last has the $150 credit + $150 gift card (well it did last week). That's for electricity. No idea about gas.

    • I'm pretty sure it was $50 gift card

    • Yeah unlikely they're giving up $300 just for electricity.

      EDIT: I just looked it up, it says the following:

      Up to $350 in rewards for One Big Switch members, including a $50 Digital Prepaid Mastercard® from One Big Switch. Take $150 off your first electricity bill, plus $150 off your first gas bill when you combine Powershop’s Switch Saver electricity and Power House gas offers.

  • I'm with globird these guys any good

  • +2

    If you change your electricity plan will you lose the government rebate ? I have received my first rebate of around $80 last month with my current provider, will the remaining balance carry over to the new electricity company?

    • -1

      yes

  • +2

    Before I switched to them 2 months ago, I found out their cheapest plan is not eligible for sign up credit.
    So you'll need to remind yourself switching back to the cheapest plan after you've used up all the credits.
    I like how they give you extra savings by buying $37 credit for $30, once a month.

    • I didn't even wait for the credits to be used up

      • One of the T&C says if you switch to an ineligible plan, they may cancel your credit.

    • Is this credit system back? They seemed to flatten their system some time ago. It used to be about buying credits in advance and using them up (then paying the full price). Then it was just monthly usage and the fixed fee.

  • Power House Gas $150 Credit Terms and Conditions

    Damn! It was only $50 about a month ago when I switched from GloBird.

    • Me to my gas got swapped a few days ago but only $50 credit. Someone on ozbargain used my referral so i got another $75 though. Thanks whoever that was! My cashrewards for this is still tracking 70 days since I signed up

  • how does the switch work. Does the switch to new provider happens at the ending of billing period or the day requested?
    Does it involve disconnection, reconnection or final reading fees?

    Not moving home, just same property.

    • In general few days after requested, they will do meter estimation if cannot read it. Usually no fees, unless your current contract says otherwise.

  • +1

    What is the manual connection fee? There is a $60 for manual connection in my area but free for remote connection, also what is special meter read? For general switch do you need to pay these fees?

    • +2

      There's no fees if you're just changing

  • I couldn't find anything about switching back to power shop again, to receive the offer a second time.

    Does anyone know if its possible to do?

    I received this or something similar maybe 6 months ago and have since switched away but would switch back if I could get another 150 off.

    • Haha.. I'm almost in the same boat except I switched out just a month ago after using up the credits and I only stayed with them for a month. Will switch back next month if there is no issue with getting the credit again

  • I switched to powershop mid July. Gas still not transferred. They are useless.

    • +1

      Slow transfer of Gas has been commented on in Deals by other gas retailers.
      Not unusual to take at least 2 months - due to long time between manual gas reads by existing retailer. (Your gas bills should show interval between reads.)

      Transfer can't occur until gas meter is read for old retailer. That is outside of control of the new retailer. So useless blaming new retailer!

      Whereas transfer of electricity retailer can just take days, especially with a smart meter installed.

      • I had a manual read done 18 days after sign up. They did nothing. Been through all this with them on the phone. They are too tight to pay $7.99 for a manual read meanwhile I get shafted on high rates.

  • Do they run credit check?

    • Yes

    • I want to know this too, Im thinking to put a credit ban on my credit n sign up.

  • I switched away when there ongoing costs went way up, going through https://wattever.com.au/ I got $50 voucher from them and credit through engie ( currently 200-400 for my location with much better rates, always check with a compare site before switching, and the supplier recommended in case not updated recently, hope this helps others

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