Red Energy Plans & Prices — Compare & Save

Red Energy offers 1,705 plans in Australia (1,398 electricity, 307 gas), based on Consumer Data Right (CDR) data updated daily by Bill Hero.

Retailer tier
Tier 2 retailer
8.7% market share
Complaints
Low
0.23% rate
Customers
615,372
8.7% market share
Founded
2004

Rates sourced from CDR and refreshed daily. Last updated: 15 August 2026.

Bill Hero is an independent, fully automated comparison and switching service: we compare every bill you receive against every plan from every provider, then help you switch whenever you can save. We don't seek or accept commission fees from Red Energy or any other provider, which means we work only for you. Find out more.

About Red Energy

Red Energy is an Australian-owned retailer backed by the Snowy Hydro scheme, offering electricity and gas to more than one million customers nationally. It operates an Australian-based call centre. Red Energy has won customer satisfaction awards from Roy Morgan and Canstar Blue, and offers GreenPower-accredited products. Red Energy was fined nearly $730,000 across 2023-2025 for removing hardship protections and sending incorrect best-offer information to customers.

Products offeredEnergy Retailer
Residential customers615,372 (8.7% share)
GreenPower productsYes — accredited
Parent companySnowy Hydro Limited (100% Commonwealth Government-owned)
Australian ownershipyes
Market positionLarge national retailer
Compliance record: Red Energy has accumulated over $0.5 million in regulatory fines for aer fined red energy $474,600 (seven infringement notices) for allegedly removing hardship protections from customers. — among the highest penalty totals for large national retailer.

Red Energy is one of Australia's larger energy retailers, with 1,705 plans in Bill Hero's comparison.

Bill Hero is an independent comparison service: we don't take placement fees from Red Energy or any other provider. Rates below are sourced from CDR and refreshed daily.

Compare Red Energy plans in your area

Enter your postcode to see Red Energy plans available at your address.

You can also compare plans using the free government tool: Energy Made Easy. Bill Hero adds CDR-based exact comparisons, demand-tariff support, and automated bill monitoring.

Customer Reviews

Customer Reviews (0)

Log in to review

No reviews yet. Be the first.

Regulatory Issues

Enforcement actions recorded against Red Energy by Australian energy regulators. Sourced from the ESC Victoria Register and AER compliance reports. Updated monthly.

Australian Energy Regulator|Infringement notice

📋 AER fined Red Energy $474,600 (seven infringement notices) for allegedly removing hardship protections from customers.

Penalty: $474,600

AER — Red Energy fined for allegedly removing hardship protections ↗

Bill Hero compiles regulatory enforcement data from public registers. This information is provided for consumer transparency and does not constitute legal advice. Always refer to the original regulator source for the most current and complete information.

Frequently Asked Questions

How many plans does Red Energy offer?▾
Red Energy offers 1705 plans in Australia (500 electricity, 307 gas), based on Consumer Data Right (CDR) data updated daily by Bill Hero.
Does Red Energy offer both electricity and gas?▾
Yes — Red Energy offers both electricity (500 plans) and gas (307 plans). Customers can take both fuels from Red Energy and may be eligible for dual-fuel discounts on some plans.
What is the cheapest Red Energy electricity plan?▾
Red BCNA Saver (SunSoak Demand) is the cheapest Red Energy residential electricity plan in Bill Hero's comparison, with an estimated annual cost of $1,092 at 4,000 kWh/year. Your actual cost depends on your usage and tariff — see the table above for the full list.
Is Red Energy a major or smaller retailer?▾
Red Energy is one of Australia's larger energy retailers, with 1705 plans on offer across the National Energy Market — significantly more than most retailers (the median retailer in Bill Hero's comparison offers fewer than 100 plans).
How often is Red Energy's plan data updated?▾
Bill Hero refreshes Red Energy's plan data daily from the Consumer Data Right (CDR) energy API. Pricing on this page reflects the latest published rates from Red Energy.

Never overpay for power again

Bill Hero compares all providers to find you the cheapest plan for your actual usage — every bill, automatically.

Subscribe to Bill Hero