1st Energy vs CovaU
1st Energy is cheaper - by about $172/year
1st Energy’s cheapest residential electricity plan, 1st Emerald, Residential - Time of Use with Controlled Load, costs an estimated $1,003/year at 4,000 kWh, 32% below the VDO. CovaU’s cheapest plan, Freedom Residential TOU, costs $1,175/year, 30% below the regulated tariff. That is a difference of $172/year - switching from CovaU to 1st Energycould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.
1st Energy - cheapest plans
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
 | 1st Emerald, Residential - Time of Use with Controlled Load Time of use | 1st Energy | $1,003 | |||||||
| 1st Emerald, Residential - Time of Use Time of use | 1st Energy | $1,003 | |||||||
| 1st Emerald, Residential - Time of Use with Controlled Load Time of use | 1st Energy | $1,016 |
CovaU - cheapest plans
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
 | Freedom Residential TOU Time of use | COVAU PTY LIMITED | $1,175 | |||||||
| Super Saver Residential TOU Time of use | COVAU PTY LIMITED | $1,236 | |||||||
| Super Saver Residential TOU + CL Time of use | COVAU PTY LIMITED | $1,236 |
Head-to-head: cheapest plan from each retailer
| Spec | 1st Energy | CovaU |
|---|---|---|
| Plan | 1st Emerald, Residential - Time of Use with Controlled Load | Freedom Residential TOU |
| Supply charge | 83.60c/day | 122.71c/day |
| Usage rate | 26.40c/kWh (peak) | 42.58c/kWh (peak) |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | 0.5c/kWh | 10.9c/kWh |
How do I switch from 1st Energy to CovaU?
Choose a plan above and click Switch. Bill Hero lodges the transfer with your new retailer - there is no interruption to your electricity supply, and most switches complete within 2 business days. 1st Energy’s cheapest plan has no lock-in contract and an exit fee of $0.00; CovaU’s has no lock-in contract and an exit fee of $0.00. Check your current plan’s exit fee before switching, if any applies.