Kogan Energy vs Next Business Energy

Kogan Energy is cheaper - by about $221/year

Kogan Energy’s cheapest residential electricity plan, Kogan Energy with free FIRST, costs an estimated $1,098/year at 4,000 kWh, 26% below the VDO. Next Business Energy’s cheapest plan, NBE Standing Resi VIC Citipower, costs $1,319/year, 11% below the VDO. That is a difference of $221/year - switching from Next Business Energy to Kogan Energycould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.

Kogan Energy - cheapest plans

Rank by:
PlanRetailerAnnual cost ▲at 4,000 kWh/yr
Kogan Energy logo
Kogan Energy with free FIRST
Time of use
Kogan Energy$1,098
Switch
Kogan Energy logo
Kogan Energy for current FIRST members
Time of use
Kogan Energy$1,098
Switch
Kogan Energy logo
Kogan Energy with free FIRST
Time of use
Kogan Energy$1,098
Switch
Showing 3 of 3 plans. Click column headers to sort.

Next Business Energy - cheapest plans

Rank by:
PlanRetailerAnnual cost ▲at 4,000 kWh/yr
Next Business Energy logo
NBE Standing Resi VIC Citipower
Time of use
Next Business Energy$1,319
Switch
Next Business Energy logo
NBE Standing Resi VIC Citipower
Time of use
Next Business Energy$1,319
Switch
Next Business Energy logo
NBE Standing Resi VIC Citipower
Time of use
Next Business Energy$1,323
Switch
Showing 3 of 3 plans. Click column headers to sort.

Head-to-head: cheapest plan from each retailer

SpecKogan EnergyNext Business Energy
PlanKogan Energy with free FIRSTNBE Standing Resi VIC Citipower
Supply charge91.46c/day110.13c/day
Usage rate28.92c/kWh (peak)34.83c/kWh (peak)
Exit fee$0.00$0.00
Contract termNo lock-inNo lock-in
Green energy--
Solar feed-in tariff2.0c/kWh0.1c/kWh

How do I switch from Kogan Energy to Next Business 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. Kogan Energy’s cheapest plan has no lock-in contract and an exit fee of $0.00; Next Business 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 Kogan Energy or Next Business Energy cheaper?
Kogan Energy has the cheaper residential electricity plan of the two, by an estimated $221/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 Kogan Energy to Next Business Energy?
Choose a Next Business 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 Next Business Energy to Kogan Energy.
Does Kogan Energy or Next Business Energy charge an exit fee?
Neither Kogan Energy's nor Next Business Energy's cheapest residential plan charges an exit fee, based on current Consumer Data Right (CDR) data.

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