Nectr Energy — Plans & Profile
· Rates sourced from CDR energy plan data. Updated daily by Bill Hero.
About Nectr Energy
Nectr Energy is the Australian retail arm of South Korean conglomerate Hanwha, which also manufactures Q Cells solar panels. It offers 100% Government-accredited GreenPower as standard, plus solar and battery installations, and a virtual power plant (VPP) product called Nectr Evolve. Nectr is foreign-owned (South Korea).
Bill Hero is an independent comparison service: we list every retailer that publishes pricing through CDR, and we don't take placement fees from Nectr Energy or any other retailer. Rates below are sourced from CDR and refreshed daily.
Provider Profile
Customer Count (Energy)
17,267
0.2% market share
As of 2026
Founded
2019
Australian Ownership
no
Nectr (trading name of Hanwha Energy Retail Australia Pty Ltd) is a wholly owned subsidiary of Hanwha Energy Corporation, which is affiliated with South Korea's Hanwha Group - a Fortune Global 500 conglomerate and one of the world's largest solar manufacturers.
Generation Assets
Parent Hanwha Energy operates utility-scale solar farms and battery storage in Australia, including a 100 MW/200 MWh BESS in Toowoomba, QLD, and various solar projects. Hanwha Group is also a major solar panel manufacturer (Hanwha Q Cells).
GreenPower
Yes — accredited
Parent Company
Hanwha Energy Corporation
Regulatory Issues
No AER penalties, ESC actions, or court cases identified. Nectr received its electricity retailer authorisation in 2019 and has maintained a clean regulatory record.
Reputation Scores
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Energy Plans
Electricity Plans (206)
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
Nectr Business Buzz TOU Demand + CL 1 & 2 Time of useBusiness+ Demand | Nectr | $1,146 | ||||||||
Nectr Business Buzz TOU Demand + CL 2 Time of useBusiness+ Demand | Nectr | $1,146 | ||||||||
Nectr Business Buzz TOU Demand + CL 1 Time of useBusiness+ Demand | Nectr | $1,146 | ||||||||
Nectr Business Buzz TOU Demand Time of useBusiness+ Demand | Nectr | $1,146 | ||||||||
Nectr Business Buzz Transitional Demand + CL 2 Flat rateBusiness+ Demand | Nectr | $1,171 | ||||||||
Nectr Business Buzz Demand + CL 1 Flat rateBusiness+ Demand | Nectr | $1,171 | ||||||||
Nectr Business Buzz Transitional Demand Flat rateBusiness+ Demand | Nectr | $1,171 | ||||||||
Nectr Business Buzz Demand + CL 2 Flat rateBusiness+ Demand | Nectr | $1,171 | ||||||||
Nectr Business Buzz Transitional Demand + CL 1 Flat rateBusiness+ Demand | Nectr | $1,171 | ||||||||
Nectr Business Buzz Demand Flat rateBusiness+ Demand | Nectr | $1,171 |
Frequently Asked Questions
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