Indigo Power vs Red Energy
Red Energy is cheaper - by about $98/year
Red Energy’s cheapest residential electricity plan, Red BCNA, costs an estimated $1,203/year at 4,000 kWh, 21% below the VDO. Indigo Power’s cheapest plan, Indigo Power Retail - Community Energy Hub Plan Jemena, costs $1,302/year, 17% below the VDO. That is a difference of $98/year - switching from Indigo Power to Red Energycould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.
Indigo Power - cheapest plans
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
 | Indigo Power Retail - Community Energy Hub Plan Jemena Time of use | Indigo Power | $1,302 | |||||||
| Indigo Power Retail - Community Energy Hub Plan Jemena Time of use | Indigo Power | $1,321 | |||||||
| Indigo Power Retail - Community Energy Hub Plan Jemena Time of use | Indigo Power | $1,321 |
Red Energy - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | Indigo Power | Red Energy |
|---|---|---|
| Plan | Indigo Power Retail - Community Energy Hub Plan Jemena | Red BCNA |
| Supply charge | 133.10c/day | 94.80c/day |
| Usage rate | 30.70c/kWh (peak) | 21.43c/kWh |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | - | 1.0c/kWh |
How do I switch from Indigo Power to Red 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. Indigo Power’s cheapest plan has no lock-in contract and an exit fee of $0.00; Red 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.