Compare Business Electricity Providers
As an Australian business owner, managing overhead costs effectively is key to your success, with electricity being one of the most significant expenses. The right electricity plan not only offers cost savings but can also align with your sustainability goals. In 2024, numerous providers have tailored their offerings to cater specifically to small and medium-sized businesses (SMBs). Here, we explore the top 10 electricity plans that balance price, flexibility, and additional benefits to help power your business efficiently.
Top 10 Cheapest Business Electricity Plans
Managing electricity costs is crucial for Australian businesses, especially small and medium-sized enterprises (SMBs). Here’s a detailed overview of the best electricity plans available in 2024, designed to help you find the most cost-effective and suitable option for your business.
1. Alinta Energy
- Website: Alinta Energy
- Anytime Usage Rate: 25.99 c/kWh
- Daily Supply Charge: 99.99 c/day
- Discount: 10% off reference price
- Key Benefits: Flexible payment options, no exit fees, dual fuel options for WA businesses, personal account managers.
- Plan Details: Alinta Energy offers a variety of plans tailored to business needs, including options for green energy. Their plans are designed for flexibility, with no lock-in contracts and the ability to manage accounts online.
2. Origin Energy
- Website: Origin Energy
- Anytime Usage Rate: 26.99 c/kWh
- Daily Supply Charge: 99.99 c/day
- Discount: 8% off reference price
- Key Benefits: Qantas Business Rewards points, flexible payment options, four-star satisfaction rating.
- Plan Details: Origin Energy’s business plans offer the added benefit of earning Qantas Business Rewards points. They also provide tailored solutions to help businesses manage their energy use more efficiently.
3. EnergyAustralia
- Website: EnergyAustralia
- Anytime Usage Rate: 27.99 c/kWh
- Daily Supply Charge: 99.99 c/day
- Key Benefits: Green energy options, excellent customer service, tailored electricity and gas plans for SMBs.
- Plan Details: EnergyAustralia offers a range of green energy plans, helping businesses reduce their carbon footprint. They are known for their strong customer service and flexible plans that can be tailored to the unique needs of different businesses.
4. Synergy (WA)
- Website: Synergy
- Anytime Usage Rate: 28.99 c/kWh
- Daily Supply Charge: 109.99 c/day
- Key Benefits: State-owned, highly rated for small business satisfaction in WA.
- Plan Details: As a state-owned provider, Synergy offers reliable service with a strong focus on customer satisfaction. Their plans are designed to support small businesses in Western Australia with competitive rates and reliable service.
5. AGL
- Website: AGL
- Anytime Usage Rate: 29.99 c/kWh
- Daily Supply Charge: 109.99 c/day
- Discount: 5% off reference price
- Key Benefits: Available nationwide, competitive pricing, well-regarded for customer satisfaction.
- Plan Details: AGL provides a variety of plans suitable for businesses of all sizes. Their plans offer competitive pricing and are available nationwide, with additional discounts available for prompt payment and long-term contracts.
6. Powershop
- Website: Powershop
- Anytime Usage Rate: 27.99 c/kWh
- Daily Supply Charge: 99.99 c/day
- Key Benefits: 100% renewable energy options, carbon-neutral plans, flexibility in choosing offers.
- Plan Details: Powershop is known for its commitment to renewable energy, offering 100% carbon-neutral plans. Businesses can manage their accounts online and choose from a variety of offers to find the best fit.
7. Momentum Energy
- Website: Momentum Energy
- Anytime Usage Rate: 28.99 c/kWh
- Daily Supply Charge: 104.99 c/day
- Key Benefits: Subsidiary of Hydro Tasmania, competitive rates, strong presence in Victoria, NSW, and SA.
- Plan Details: Momentum Energy provides competitively priced plans backed by Hydro Tasmania’s renewable energy resources. Their plans are particularly attractive for businesses looking to support sustainable energy initiatives.
8. Red Energy
- Website: Red Energy
- Anytime Usage Rate: 28.99 c/kWh
- Daily Supply Charge: 104.99 c/day
- Discount: 7% off reference price
- Key Benefits: Earn Qantas Points, owned by Snowy Hydro, flexible payment options.
- Plan Details: Red Energy offers plans that allow businesses to earn Qantas Points, adding extra value to their energy expenses. Their plans are flexible and tailored to meet the needs of various business sizes and types.
9. Tango Energy
- Website: Tango Energy
- Anytime Usage Rate: 27.99 c/kWh
- Daily Supply Charge: 99.99 c/day
- Key Benefits: 100% renewable energy options, competitive rates, tailored plans for businesses.
- Plan Details: Tango Energy provides 100% renewable energy plans with competitive rates. Their plans are designed to be straightforward and cost-effective, making them a good choice for environmentally conscious businesses.
10. Dodo Power & Gas
- Website: Dodo Power & Gas
- Anytime Usage Rate: 28.99 c/kWh
- Daily Supply Charge: 104.99 c/day
- Key Benefits: Subsidiary of Vocus Communications, competitive rates, plans available in Victoria, NSW, and SA.
- Plan Details: Dodo Power & Gas offers competitively priced plans with a focus on simplicity and value. They provide energy plans across Victoria, NSW, and SA, making them accessible to a wide range of businesses.
Additional Considerations
When choosing an electricity plan, consider the following:
- Contract Terms: Look for flexibility in terms of contract length and exit fees.
- Discounts and Rewards: Some providers offer discounts for prompt payments or loyalty programs.
- Sustainability: If sustainability is important, choose a provider with renewable energy options.
- Customer Service: Consider the provider’s reputation for customer service and support.
Tips for Switching
- Compare Rates: Regularly compare your current rate with other available plans.
- Usage Patterns: Understand your business’s electricity usage patterns to find the most cost-effective plan.
- Negotiation: Don’t hesitate to negotiate with providers for better rates or additional perks.
For the most current and detailed information, visit the provider websites and consider consulting an energy broker to assist in finding the best plan for your business needs.