CovaU vs Nectr Energy

Nectr Energy is cheaper - by about $35/year

Nectr Energy’s cheapest residential electricity plan, Nectr Home Buzz TOU - October 2026, costs an estimated $1,139/year at 4,000 kWh, 41% below the DMO. CovaU’s cheapest plan, Freedom Residential TOU, costs $1,175/year, 30% below the regulated tariff. That is a difference of $35/year - switching from CovaU to Nectr Energycould 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:

Plan	Retailer	Flat ratec/kWh	Time of use c/kWh			Supplyc/day	Solar FITc/kWh	Annual cost ▲at 4,000 kWh/yr
			Peak	Off-peak	Shoulder
Freedom Residential TOU Time of use	COVAU PTY LIMITED	—	42.58	18.17	—	122.71	10.9	$1,175	Switch
Super Saver Residential TOU Time of use	COVAU PTY LIMITED	—	30.63	18.27	—	99.12	1.0	$1,236	Switch
Super Saver Residential TOU + CL Time of use	COVAU PTY LIMITED	—	30.63	18.27	—	99.12	1.0	$1,236	Switch

Showing 3 of 3 plans. Click column headers to sort.

Nectr Energy - cheapest plans

Rank by:

Plan	Retailer	Flat ratec/kWh	Time of use c/kWh			Supplyc/day	Solar FITc/kWh	Annual cost ▲at 4,000 kWh/yr
			Peak	Off-peak	Shoulder
Nectr Home Buzz TOU - October 2026 Time of use	Nectr	—	48.16	20.45	—	88.01	—	$1,139	Switch
Nectr Home Buzz TOU + CL 1 - October 2026 Time of use	Nectr	—	48.16	20.45	—	88.01	—	$1,139	Switch
Nectr Home Buzz TOU + CL 2 - October 2026 Time of use	Nectr	—	48.16	20.45	—	88.01	—	$1,139	Switch

Showing 3 of 3 plans. Click column headers to sort.

Head-to-head: cheapest plan from each retailer

Spec	CovaU	Nectr Energy
Plan	Freedom Residential TOU	Nectr Home Buzz TOU - October 2026
Supply charge	122.71c/day	88.01c/day
Usage rate	42.58c/kWh (peak)	48.16c/kWh (peak)
Exit fee	$0.00	$0.00
Contract term	No lock-in	No lock-in
Green energy	-	-
Solar feed-in tariff	10.9c/kWh	-

Switch — $25

How do I switch from CovaU to Nectr 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. CovaU’s cheapest plan has no lock-in contract and an exit fee of $0.00; Nectr 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.

Frequently asked questions

Is CovaU or Nectr Energy cheaper?

Nectr Energy has the cheaper residential electricity plan of the two, by an estimated $35/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 Nectr Energy?

Choose a Nectr Energy 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 Nectr Energy to CovaU.

Does CovaU or Nectr Energy charge an exit fee?

Neither CovaU's nor Nectr Energy's cheapest residential plan charges an exit fee, based on current Consumer Data Right (CDR) data.

CovaU vs Nectr Energy

CovaU - cheapest plans

Nectr Energy - cheapest plans

Head-to-head: cheapest plan from each retailer

How do I switch from CovaU to Nectr Energy?

Frequently asked questions

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