CovaU vs Powershop

Powershop is cheaper - by about $76/year

Powershop’s cheapest residential electricity plan, Power House, costs an estimated $1,098/year at 4,000 kWh, 26% below the VDO. CovaU’s cheapest plan, Freedom Residential TOU, costs $1,175/year, 30% below the regulated tariff. That is a difference of $76/year - switching from CovaU to Powershopcould 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.

Powershop - 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
Power House Time of use	Powershop	—	28.92	12.53	15.98	91.46	2.0	$1,098	Switch
Power House Time of use	Powershop	—	28.92	12.53	15.98	91.46	2.0	$1,098	Switch
Power House Time of use	Powershop	—	29.73	12.73	16.32	87.82	2.0	$1,103	Switch

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

Head-to-head: cheapest plan from each retailer

Spec	CovaU	Powershop
Plan	Freedom Residential TOU	Power House
Supply charge	122.71c/day	91.46c/day
Usage rate	42.58c/kWh (peak)	28.92c/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	2.0c/kWh

Switch — $25

How do I switch from CovaU to Powershop?

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; Powershop’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 Powershop cheaper?

Powershop has the cheaper residential electricity plan of the two, by an estimated $76/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 Powershop?

Choose a Powershop 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 Powershop to CovaU.

Does CovaU or Powershop charge an exit fee?

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

CovaU vs Powershop

CovaU - cheapest plans

Powershop - cheapest plans

Head-to-head: cheapest plan from each retailer

How do I switch from CovaU to Powershop?

Frequently asked questions

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