CovaU vs ENGIE

CovaU is cheaper - by about $105/year

CovaU’s cheapest residential electricity plan, Freedom Residential TOU, costs an estimated $1,175/year at 4,000 kWh, 30% below the regulated tariff. ENGIE’s cheapest plan, VIC ENGIE Standing elec, costs $1,280/year, 14% below the VDO. That is a difference of $105/year - switching from ENGIE to CovaUcould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.

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.

ENGIE - cheapest plans

Rank by:
PlanRetailerAnnual cost ▲at 4,000 kWh/yr
ENGIE logo
VIC ENGIE Standing elec
Time of use
ENGIE$1,280
Switch
ENGIE logo
VIC ENGIE Standing elec
Time of use
ENGIE$1,280
Switch
ENGIE logo
VIC ENGIE Home Business Standing elec
Time of use
ENGIE$1,280
Switch
Showing 3 of 3 plans. Click column headers to sort.

Head-to-head: cheapest plan from each retailer

SpecCovaUENGIE
PlanFreedom Residential TOUVIC ENGIE Standing elec
Supply charge122.71c/day110.12c/day
Usage rate42.58c/kWh (peak)34.82c/kWh (peak)
Exit fee$0.00$0.00
Contract termNo lock-inNo lock-in
Green energy--
Solar feed-in tariff10.9c/kWh1.0c/kWh

How do I switch from CovaU to ENGIE?

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. CovaU’s cheapest plan has no lock-in contract and an exit fee of $0.00; ENGIE’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 CovaU or ENGIE cheaper?
CovaU has the cheaper residential electricity plan of the two, by an estimated $105/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 CovaU to ENGIE?
Choose a ENGIE 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 ENGIE to CovaU.
Does CovaU or ENGIE charge an exit fee?
Neither CovaU's nor ENGIE's cheapest residential plan charges an exit fee, based on current Consumer Data Right (CDR) data.

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