Installing a solar system for your home or business is good for the planet and your hip pocket. Win win, right? The truth is it can be easier said than done to find the best deal, with energy retailers constantly adjusting their feed in tariffs and discounts to compete with one another for your business.
To simplify the selection process we’ve put together an up to date cheat sheet and some tips which should help you save time and money when shopping around for the best value energy retailer in SA.
Choosing An Energy Retailer
We highly recommend using the tools below to input your energy generation, energy consumption, payment preferences, household size and location to generate a comparative list of offers to consider.
We also suggest doing a regular health check on your energy retailer once you have your solar system installed as you may be eligible for further savings once you have a power bill handy to input further details.
www.solarquotes.com.au/energy
www.energymadeeasy.gov.au
What to Look For
The key areas you’re looking at comparing with your energy retailer are:
Reference Price
Recently the Australian Competition and Consumer Commission (ACCC) recommended the introduction of a ‘Reference Price’ for the energy industry, in response to public demand for simplified energy pricing. Essentially this means there is now a maximum price cap (or Reference Price) for each state that energy retailers must adhere to, and clearly display how their energy plans compare to it on your offer. In theory this should make it easier for you to compare offers from different retailers.
Learn more about the Reference Price.
Feed In Tariffs
This is the payment rate per kWh which most retailers offer for you to sell them excess energy that your solar system generates and feeds back into the grid. The higher the feed in tariff, the more you earn and in return, save on your bill. Simple.
Discounts
Most retailers offer a variety of discounts, mainly for paying on time or having your gas and electricity with the same company. If you’re unsure whether they offer a discount, it never hurts to ask!
Loyalty
Whilst we do recommend shopping around, we value loyalty and so do most reputable energy retailers. We suggest that should you find a ridiculously great offer from another provider, see if your current retailer will match it in return for your loyalty.
Top Offers Cheat Sheet / Updated August 2020
Simply Energy
SA Simply Plus
- Feed-in Tariff 15c per kWh
- Daily Supply Charge 106.71c Per Day
- General Usage Charge 36.06c per kWh
- Controlled Load rate 18.89c per kWh (off-peak hot water/under floor heating)
SA Simply RAA
Rates as above with 8% guaranteed discount for RAA members
AGL
AGL Essential Plus
- Feed in Tariff – 12.4c per kWh
- Daily supply Charge 80.23c Per Day
- General Usage Charge 32.82c per kWh
- Controlled Load Rate 19.92c per kWh (off peak hot water/under floor heating)
- Rates locked in for 12 months
- AGL CURRENT OFFERS LINK
Origin
Origin Solar Boost
- Feed in Tariff 13c per kWh
- Daily Supply Charge 85.71c
- General Usage 37.98c per kWh up 10.9589 kWh and then 40.53c thereafter
- Rates locked in for 12 months
Origin Max Saver (Online Offer 16% discount)
- Feed in Tariff 8c per kWh
- Daily Supply Charge 72c
- General Usage 31.91c per Kwh up 10.9589 kWh and then 34.05c thereafter
- Offer only available when signing up online
- ORIGIN CURRENT OFFERS LINK
Energy Locals
Tesla Energy VPP Only if you have a Tesla Powerwall 2
- Feed-in tariff 10c per kW
- Anytime balance 31.13c per kWh gst inclusive
- Controlled load/Off peak 21.99c per kWh
- Daily supply charge $0
Energy Australia
No Frills Plan
- Feed in Tariff 11.5c per kWh
- Daily Supply Charge 85.8c Per Day
- General Usage 37.97c per Kwh
- Rates locked in for 12 months
Lumo
- Feed in Tariff 12c per kWh
- Daily Supply Charge 90.81c
- General Usage 34.05c per Kwh for first 10.96kWh then 34.77c thereafter
- Controlled Load Rate 20.55c per kWh (off peak hot water/under floor heating)
- No Lock in Contract
Once you’ve done your homework, accepted our quote and chosen your energy retailer, you’re once step closer to installing your solar system! Talk to an expert today to learn more.
To learn details specific to your property, please contact us.
Disclaimer : This is an independent comparison guide only, to be referred to in the spirit of word of mouth advice. Goliath Solar & Electrical are not responsible for supplying energy retailer pricing quotes and do not receive any sponsorship from energy retailers for mentioning their current offers. For official offers, please contact your preferred energy retailer.