Blue NRG vs Red Energy
Red Energy is cheaper - by about $119/year
Red Energy’s cheapest residential electricity plan, Red BCNA, costs an estimated $1,203/year at 4,000 kWh, 21% below the VDO. Blue NRG’s cheapest plan, Blue VDO TOU, costs $1,323/year, 11% below the VDO. That is a difference of $119/year - switching from Blue NRG to Red Energycould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.
Blue NRG - cheapest plans
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
 | Blue VDO TOU Time of use | Blue NRG | $1,323 | |||||||
| Blue VDO TOU with controlled load Time of use | Blue NRG | $1,323 | |||||||
| Blue VDO Single Rate with controlled load Flat rate | Blue NRG | $1,346 |
Red Energy - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | Blue NRG | Red Energy |
|---|---|---|
| Plan | Blue VDO TOU | Red BCNA |
| Supply charge | 110.13c/day | 94.80c/day |
| Usage rate | 34.83c/kWh (peak) | 21.43c/kWh |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | 1.0c/kWh | 1.0c/kWh |
How do I switch from Blue NRG 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. Blue NRG’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.