• long running

[VIC, NSW, SA, QLD] Sign up Credit: $150 Electricity & [VIC, NSW] $50 Gas @ Powershop (New & Moving Customers Only)

183

Reposting as the amount has changed, credit to @manwithtwobrains

Interesting OzB comments from previous deal:

  • I've always been able to get the $150 from Powershop every 4 to 5 months. That's not to say they won't catch on at some point.
  • They declined the switch - rather they accepted it then a few days later sent a cancelled connection email.

Ecconex giftcard deal might come back so may be worth holding on for a week or two

  • "The promotion was was indeed reactivated and then shortly withdrawn sometime on 28th March. I have confirmed it will come back next month."
  • I got an sms to complete a google review for Econnex for $20 Woolies gift card. Very easy process

Receive up to $200 in sign-up credits when you combine selected residential electricity and gas plans. Not available in all areas.
Combine it with Cash Rewards/Shopback ($70 elec + $42 gas)
Or use referral code for extra $75 credit.

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.

the market contract must be your first electricity market contract with Powershop for the premises you switch.

You’ll get the $150 (incl. GST) credit (Sign-up Credit) as an offset against the electricity usage and supply charges (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 $50 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 new premises where Powershop will continue to sell you gas

the premises you switch or move to must be in an area of Victoria or New South Wales where Powershop sells gas, and

the market contract must be your first gas market contract with Powershop for the premises you switch.

You’ll get the $50 (incl. GST) credit (Sign-up Credit) as an offset against the gas usage and supply charges (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 (344)

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

Related Stores

Powershop
Powershop

Comments

  • -1

    How is this a deal when gas was $150 signup bonus in previous deal?

    Also powershop seems to do a credit check every time to churn to them, unlike AGL and engie

    • what's wrong with credit check?

      • -3

        Well your credit score goes down and affects future electricity and gas churning, jb telstra mobile plans approval for offers, loans etc

        • +2

          I churn my NBN/Gas/eletricity/ every 6 months and my mobile every month.
          Never had any problem.

          • @AsukaST: It’s a problem because you can get decline for the provider which happened to me.

          • @AsukaST: Ive been rejected a few times by the smaller energy companies when ive had 2 credit checks done in less than 6 months

    • They all do credit checks

      • +1

        Churned to agl and engie 6 times over 12 months and no credit checks. Churned twice to powershop and got hit with 2 credit checks. Just FYI

      • +1

        No they don't

    • Worlds changing. Suspect many more customers churning just the hot water or the cooktop where $150 can be the whole quarters bill.

  • Done, thanks 🙏

  • Can I switch to the switchsaver for $150 then immediately change to one of their EV plans?

  • Best to use referral $75 for elect than cashbacks as you have to be with powershop for a long time to get the cashback

    • Does the referral stack with the $150 sign up offer though?

      • Seems to - when you use a referral link it says "Receive up to $275 in credits when you combine selected residential electricity and gas plans and sign up from a Switch Your Mates referral."

  • Already with powershop
    Whats another electricity supplier in Vic that has offers?

    • +1

      You can get a referrer code on ozbargain which gives you $50 off gas and electric as well. https://energy.arcline.com.au/member-offer/

    • +1

      Energy Australia is offering $200 for electricity
      Engie is offering $100 each for gas/electricity
      Stack with CashRewards $120 Cashback for electricity and I think it’s $80 more for gas.
      I’m sure there are others but they are the biggest atm I think.

  • +1

    Been with PowerShop many times for the incentives. Good friendly customer service.

    Stay each time until credit used up (low electricity use).
    Promptly refunded unused remainder of 'cost of living' rebate without needing to ask - unlike Origin that took a month.

    • How do they refund the $75 federal government rebate?
      Straight to your bank account or to your next energy provider?

      • +1

        It's our money, not retailer's! Deposit to my bank account (direct debit set up). $55 left.
        Had $1100+ refund from Origin in Qld.

  • Does this offer stack with CR/SB/TCB cashback?

    • Yes - its a separate credit applied to your PowerShop energy account. Used to pay bills.

      Done that many times after sign up with Econnex - which provides the CR/SB/TCB cashback.
      Haven't paid for electricity for years!

      • so the offer stacks with the CR/SB cashback AND Econnex giftcard ?

        • PowerShop account credit is separate to other Deals. Hence why we have this as a separate Deal.

          Various Retailer sign up credit offers are discussed in Econnex & CR/SB/TCB cashback Deals - to gain an extra benefit.

          If you use EITHER Econnex Deal OR CR/SB/TCB cashback Deal (which is through Econnex), you can usually select a retailer with a sign up credit offer.

          Can't sign up with CR/SB cashback & also receive Econnex MC! Those are separate incompatible deals run by Econnex!!

          You then can receive the sign up credit with the retailer (eg PowerShop) as long as retailer is listed in CR/SB/TCB cashback / Econnex Deals. Retailers differ in different areas.

  • If you are a Costco customer. Switch to powershop via https://www.costco.com.au/services#home . You will get $200 Costco shop card after 3 months if you are executive member and if you are a gold member, you will get $70 essentially covering 1 year of Costco membership.

  • I switched from engie black Friday deal, they were a total rip off. I found power house to be the cheapest in the market plus the 200 credit

    Watch out people, engie is a thief 😂

    • "these guys are dogs
      these cunce dont even tell you the rate on their bill"

      Rubbish😜
      It's all there, nothing hidden!
      You just need to go to Specsavers😂

      Am very happy with PowerShop!

      In Bill…
      Rates are shown in itemized bill
      e.g. From recent bill over Summer:
      Supply Charges:
      Daily Supply Charge 33 days $1.2271/day
      Usage Charges:
      All Day Usage 190 kWh $0.2898/kWh
      etc
      Plan is shown in red under "Your Current Residential Plan": Switch Saver

      And before you receive a bill…
      Plan you sign up to is shown at time of sign up.
      Tariff is shown in PDF in email "Pricing and terms" after you sign up.

      As most here likely switch after credit for switching (& rebates) is used up, any higher rates are of little consequence to regular switchers (like me).

      Incentives to switch far outweigh any cost💰
      Haven't paid for electricity for years (All electric aircon home, no solar)

  • -1

    I signed up with econnex and nothing happened, just got my usual AGL bill

    • -1

      AGL4LYF

    • +1

      Retailers have to send you details of your new service. Usually before the service switches.
      Did you receive the emails?

      Contact Powershop.


      Were you a new customer at PowerShop

      As commented in Deal Description & last Econnex Deal, churningNburning recently had their switch to PowerShop cancelled as they had gained multiple $150 "new customer" credits!!
      (Like some of us have done. I've got 6 PowerShop accounts under same name etc! They don't delete accounts after you leave. In a call to PowerShop, found they are very aware of my retailer switching habits over many years😉 But they didn't care.)


      After sign up, did you receive the confirmation email from Econnex with reference number for switching retailers?

      PM Econnex Rep Manyo with that reference number for explanation.


      It's worth contacting Econnex!
      $200 MC for switching (to PowerShop) with Econnex in December didn't arrive by 120 days.
      Sent Rep PM with reference number days ago.
      Manyo replied & said staff would investigate. Received my $200 MC.

      Spent that $150 "new customer" Powershop Electricity credit & switched recently with Econnex to Engie for $100 credit.
      Hoping to switch back to PowerShop after 45d, but not if they're cancelling "new" signups!

      Many retailers like Engie only allow 1 credit per year

  • +1

    When I visit the terms & conditions, https://www.powershop.com.au/customer-terms-and-conditions/e… I see included this condition:

    'the market contract must be your first electricity market contract with Powershop for the premises you switch.'

    Does this inclusion mean that we can't make use of the deal if we've done so previously?

    (That would explain churningNburning's recent experience, above

  • +1

    I can not see any of these deals terms when I sign up.

  • I am a current gas Powershop customer, am I eligible if I sign up for the electricity if I sign up again? I was with them on electricity until last September 2024.

  • Switched from powershop to agl.
    Estimated meter read from each company
    Powershop read: 4130
    Agl read: 3762

    Same estimated read date 20/3/25.

    Actual reading: 3890

    Both charging me extra for electricity that I haven't used.

    Called both they wont fix it.
    Anyone have advice how I can fix this.

  • I was in the same boat for last year (PS->AGL). I have an old dial meter. In the final bill, Powershop put in a very high estimated read making my usage 4x higher than usual. AGL somehow got that read and used as start read. So in theory it would mostly even out (I'd be only worse/better off by the rate difference).

    But I still ringed and Powershop ref told me to send them an email with dated photos of my meter and they amended the read/bill accordingly. AGL later somehow updated with the new corrected read.

    I suspect by using crazy high end reads, they force you to do the work for them (instead of sending their metre reader to your home, you do it by sending the email)

  • All my estimated where wrong pay extra 2 months then third month was free.
    Estimated read 18/3: 3862
    2 days later when I transferred estimated read was 4130. I used 268kw in 2 days.
    My actual reading was around 3800.

    4 phone calls and 2 emails later. hasn't been resolved yet.

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