Amber Electric vs Red Energy
Amber Electric is cheaper - by about $418/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. Red Energy’s cheapest plan, Red BCNA, costs $1,203/year, 21% below the VDO. That is a difference of $418/year - switching from Red Energy 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
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
 | Battery + Solar: Variable Wholesale Prices (estimate) Flat rate | Amber Electric | $785 | |||||||
| Battery + Solar: Variable Wholesale Prices (estimate) Flat rate | Amber Electric | $1,035 | |||||||
| No Feed-In: Variable Prices (estimate only) Flat rate | Amber Electric | $1,082 |
Red Energy - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | Amber Electric | Red Energy |
|---|---|---|
| Plan | Battery + Solar: Variable Wholesale Prices (estimate) | Red BCNA |
| Supply charge | 111.66c/day | 94.80c/day |
| Usage rate | 9.44c/kWh | 21.43c/kWh |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | 6.7c/kWh | 1.0c/kWh |
How do I switch from Amber Electric to Red Energy?
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; Red Energy’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.