ENGIE vs Powershop

Powershop is cheaper - by about $182/year

Powershop’s cheapest residential electricity plan, Power House, costs an estimated $1,098/year at 4,000 kWh, 26% below the VDO. ENGIE’s cheapest plan, VIC ENGIE Standing elec, costs $1,280/year, 14% below the VDO. That is a difference of $182/year - switching from ENGIE 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.

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.

Powershop - cheapest plans

Rank by:
PlanRetailerAnnual cost ▲at 4,000 kWh/yr
Powershop logo
Power House
Time of use
Powershop$1,098
Switch
Powershop logo
Power House
Time of use
Powershop$1,098
Switch
Powershop logo
Power House
Time of use
Powershop$1,103
Switch
Showing 3 of 3 plans. Click column headers to sort.

Head-to-head: cheapest plan from each retailer

SpecENGIEPowershop
PlanVIC ENGIE Standing elecPower House
Supply charge110.12c/day91.46c/day
Usage rate34.82c/kWh (peak)28.92c/kWh (peak)
Exit fee$0.00$0.00
Contract termNo lock-inNo lock-in
Green energy--
Solar feed-in tariff1.0c/kWh2.0c/kWh

How do I switch from ENGIE 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. ENGIE’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 ENGIE or Powershop cheaper?
Powershop has the cheaper residential electricity plan of the two, by an estimated $182/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 ENGIE 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 ENGIE.
Does ENGIE or Powershop charge an exit fee?
Neither ENGIE's nor Powershop's cheapest residential plan charges an exit fee, based on current Consumer Data Right (CDR) data.

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