Amber Electric vs CovaU

Amber Electric is cheaper - by about $390/year

Amber Electric’s cheapest residential electricity plan, Battery + Solar: Variable Wholesale Prices (estimate), costs an estimated $785/year at 4,000 kWh, 58% below the DMO. CovaU’s cheapest plan, Freedom Residential TOU, costs $1,175/year, 30% below the regulated tariff. That is a difference of $390/year - switching from CovaU to Amber Electriccould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.

Amber Electric - cheapest plans

Rank by:
PlanRetailerAnnual cost ▲at 4,000 kWh/yr
Amber Electric logo
Battery + Solar: Variable Wholesale Prices (estimate)
Flat rate
Amber Electric$785
Switch
Amber Electric logo
Battery + Solar: Variable Wholesale Prices (estimate)
Flat rate
Amber Electric$1,035
Switch
Amber Electric logo
No Feed-In: Variable Prices (estimate only)
Flat rate
Amber Electric$1,082
Switch
Showing 3 of 3 plans. Click column headers to sort.

CovaU - cheapest plans

Rank by:
PlanRetailerAnnual cost ▲at 4,000 kWh/yr
COVAU PTY LIMITED logo
Freedom Residential TOU
Time of use
COVAU PTY LIMITED$1,175
Switch
COVAU PTY LIMITED logo
Super Saver Residential TOU
Time of use
COVAU PTY LIMITED$1,236
Switch
COVAU PTY LIMITED logo
Super Saver Residential TOU + CL
Time of use
COVAU PTY LIMITED$1,236
Switch
Showing 3 of 3 plans. Click column headers to sort.

Head-to-head: cheapest plan from each retailer

SpecAmber ElectricCovaU
PlanBattery + Solar: Variable Wholesale Prices (estimate)Freedom Residential TOU
Supply charge111.66c/day122.71c/day
Usage rate9.44c/kWh42.58c/kWh (peak)
Exit fee$0.00$0.00
Contract termNo lock-inNo lock-in
Green energy--
Solar feed-in tariff6.7c/kWh10.9c/kWh

How do I switch from Amber Electric 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. Amber Electric’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.

Frequently asked questions

Is Amber Electric or CovaU cheaper?
Amber Electric has the cheaper residential electricity plan of the two, by an estimated $390/year at 4,000 kWh usage. Your actual saving depends on your usage and tariff - compare the plans above for exact numbers.
How do I switch from Amber Electric to CovaU?
Choose a CovaU plan above and click Switch. Bill Hero manages the switch for you - there's no interruption to supply, and most switches complete within 2 business days. The same process applies in reverse for switching from CovaU to Amber Electric.
Does Amber Electric or CovaU charge an exit fee?
Neither Amber Electric's nor CovaU's cheapest residential plan charges an exit fee, based on current Consumer Data Right (CDR) data.

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