Red Energy energy plans & prices 2026

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.

Total plans

1,705

1,398 electricity · 307 gas

Complaints rate

0.23%

Better than average

Cheapest

$633

/yr @ 4,000 kWh

Customers

615,372

8.7% market share

Founded

2004

Rates sourced from CDR and refreshed daily. Last updated: 8 July 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.

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

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.

Cheapest Red Energy electricity plans

Plan	Retailer	Flat ratec/kWh	Time of use c/kWh			Supplyc/day	Solar FITc/kWh	Annual cost ▲at 4,000 kWh/yr
			Peak	Off-peak	Shoulder
Red Rotary D9815 Saver Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Red Rotary D9815 Saver Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Qantas Red Saver Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Qantas Red Saver Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Qantas Red Saver (Bundled) Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Qantas Red Saver (Bundled) Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Red BCNA Saver Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Red Wildlife Saver Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Red Wildlife Saver Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch
Living Energy Saver Time of use	Red Energy	—	0.00	0.00	32.39	102.41	1.0	$633	Switch

Showing 10 of 10 plans. Click column headers to sort.

Showing 10 of 1,398 electricity plans · Sample rows — rates sourced from CDR, refreshed daily.

Show all 1,398 electricity plans

Cheapest Red Energy gas plans

Plan	Retailer	Usage ratec/MJ	Supplyc/day	Annual cost ▲at 20,000 MJ/yr
Qantas Red Saver Stepped rate	Red Energy	3.30	75.00	$750	Switch
Living Energy Saver Stepped rate	Red Energy	3.30	75.00	$750	Switch
Red Taronga Flex Stepped rate	Red Energy	3.30	75.00	$750	Switch
Red Rotary D9815 Saver Stepped rate	Red Energy	3.30	75.00	$750	Switch
Red BCNA Saver Stepped rate	Red Energy	3.30	75.00	$750	Switch
Qantas Red Saver (Bundled) Stepped rate	Red Energy	3.30	75.00	$750	Switch
Qantas Red Business Saver Stepped rateBusiness	Red Energy	3.14	78.00	$764	Switch
Qantas Red Business Plus Stepped rateBusiness	Red Energy	3.14	78.00	$764	Switch
Red Business Saver Stepped rateBusiness	Red Energy	3.14	78.00	$764	Switch
Qantas Red Business Saver Stepped rateBusiness	Red Energy	3.14	78.00	$764	Switch

Showing 10 of 10 plans. Click column headers to sort.

Showing 10 of 307 gas plans · Sample rows — rates sourced from CDR, refreshed daily.

Show all 307 gas plans

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

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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

9 Apr 2025

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

Penalty: $474,600

AER — Red Energy infringement notices 2025 ↗

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 Rotary D9815 Saver is the cheapest Red Energy residential electricity plan in Bill Hero's comparison, with an estimated annual cost of $633 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.

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