Guide to Comparing Energy Prices in New South Wales

New South Wales uses more energy than any other state in Australia, though its overall energy consumption is declining. Compare energy plans to find the best deals.

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by Gary Andrews

Last update 1 May 2021

Overview

New South Wales uses more energy than any other state in Australia, though its overall energy consumption is declining.

As the most populated state in the country, NSW also has a high number of electricity and gas suppliers to choose from.

In this guide, we’ll take a look at the basic overview of electricity, gas, and solar products available in New South Wales.

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Electricity Companies & Providers in New South Wales

NSW has three electricity distributors, and each one manages a different region of the state.

  • Ausgrid (formerly EnergyAustralia)
  • Endeavour Energy
  • Essential Energy

Your distributor looks after electricity infrastructure and is determined by where you live, but you still have your choice of electricity supplier.

There are a wide range of energy suppliers in NSW to choose from, thanks to legislation that went into effect on 1 July 2014.

Since then, electricity prices in NSW have been deregulated, meaning that the government does not set the prices.

This increased competition, which typically leads to lower prices for consumers.

Electricity suppliers providing service in NSW include:

  • AGL
  • Energy Australia
  • CovaU
  • Dodo Power & Gas
  • Lumo Energy
  • Origin Energy
  • Red Energy
  • Simply Energy
  • WINconnect

Tips for NSW electricity customers

  • Compare market tariffs to find cheaper electricity in New South Wales
  • Ask your Electricity & Gas consultant about potential government rebates
  • Contact your electricity supplier about the option of switching to a smart meter
  • Ask about a bundling discount if you get your electricity and gas from the same supplier

Compare Cheap Gas Prices in NSW

NSW has three main gas distributors, with each looking after a separate region of the state.

Depending on where you live, your gas distributor is one of the following companies:

  • Central Ranges System
  • Jemena Gas Networks (NSW)
  • Wagga Wagga Gas Distribution Network

Note: Customers in Palerang and Queanbeyan may be serviced by ActewAGL.

Natural gas networks in NSW are owned and operated by private companies.

Due to infrastructure development, not all households can be hooked up to the gas network.

Gas suppliers providing service in NSW include:

  • AGL
  • Energy Australia
  • CovaU
  • Dodo Power & Gas
  • Lumo Energy
  • Origin Energy
  • Red Energy
  • Simply Energy
  • WINconnect

Regulated gas prices are available in NSW.

Suppliers offering regulated prices (known as Standard Gas suppliers) are assigned to specific regions across the state, and can only offer regulated pricing in their area.

This means you will have one regulated tariff available to you based on where you live.

Regulated prices are determined by IPART on 1 July each year.

If you choose not to purchase your gas through the Standard Gas supplier, you can also sign up with a different licensed supplier in your area.

Compare gas suppliers in NSW to identify which option is best for you.

How do you reduce your Gas Bills in NSW?

Although there is slightly less competition between gas suppliers than with electricity, comparing is still a smart way to avoid overpaying gas in NSW.

There may be a lower tariff available to you than the one you are currently on, whether it is a regulated tariff or not.

The NSW Gas Rebate is also available to eligible households who meet certain requirements.

It now includes households using Liquefied Petroleum Gas (LPG) for cooking, heating, and other household activities.

It does not extend to the usage of small BBQ gas bottles.

Natural gas customers in NSW who are experiencing temporary financial difficulty may be able to participate in the Energy Accounts Payment Assistance (EAPA) Scheme.

This is a voucher-based system and eligibility is determined on a case-by-case basis.

Tips for NSW gas customers

  • Compare tariffs to find the gas supplier that offers cheaper gas in NSW
  • Ask your Electricity & Gas consultant about the NSW Gas Rebate
  • Natural gas customers in a financial crisis may be eligible for the EAPA Scheme

Compare Solar Energy Companies in NSW

Solar power can be a great way to find cheaper energy in New South Wales, as long as you are making an informed decision about your tariff.

Customers can install solar panels, which convert energy from the sun into electricity.

The electricity is used in your home, and any surplus electricity feeds back into the grid.

In NSW, solar panel systems of up to 10 kilowatts can be connected to the grid.

Bigger is not always better when it comes to installing solar panels, and customers should consider their needs rather than their roof size when making a decision.

Solar power is used to reduce your electricity consumption, and as such will be reflected in the bill you receive from your electricity supplier.

Electricity suppliers providing service in NSW include:

  • AGL
  • Energy Australia
  • CovaU
  • Dodo Power & Gas
  • Lumo Energy
  • Origin Energy
  • Red Energy
  • Simply Energy
  • WINconnect

Tips for NSW solar customers

  • Compare plans offered by energy suppliers, focusing on the costs and not just discounts
  • Consider your energy needs and purchase solar panels accordingly
  • Contact your energy supplier to discuss the possibility of upgrading your meter
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This guide is opinion only and should not be taken as financial advice. Check with a financial professional before making any decisions.