Australian consumers have become more conscious of their energy choices. There are many reasons the nation has plenty of energy providers, such as deregulation, geographical diversity, consumer preferences and government policies.
Whilst having several providers can offer consumers choices, it can also make it challenging to navigate the energy market choose the right provider and plan for individual needs.
Here comes Kogan Energy.
Understanding Kogan Energy
The country’s largest online retailer, Kogan, launched Kogan Energy in 2019. It is a partnership with Meridian Energy, the largest generator of renewable energy in the nation, and also the subsidiary of Powershop Australia, one of the energy providers today.
In this post, we will discuss the available electricity and gas plans of Kogan Energy for each state that it serves.
Electricity and gas plans in each state
Electricity plans
New South Wales (NSW)
The costs are based on the Ausgrid network, but prices may vary. It also applies to general energy usage of 3911kWH/year for residential customers on a single rate tariff:
Plan | Price Per Year |
Kogan Energy for Current Kogan First Members | 4% less / $1,763 per year |
Kogan Energy With Free Kogan First | 4% less / $1,763 per year |
Kogan Basic Plan | Equal to reference price / $1,826 per year |
- The reference price is set by the Australian Energy Regulator (AER) for a financial year related to energy supply to residential consumers in the distribution region. It is based on an assumed annual usage amount.
Victoria (VIC)
Energy costs are based on the Citipower network but may vary depending on circumstances. It is also based on general energy usage of 4000kWh/year for residential consumers on a single rate tariff.
Plan | Price Per Year |
Kogan Energy For Current Kogan First Members | 5% less / $1,495 per year |
Kogan Energy With Free Kogan First | 5% less / $1,495 per year |
Kogan Basic Plan | Equal to VDO / $1,571 per year |
*VDO stands for Victorian Default Offer, which includes a daily supply charge and usage charges (per kilowatt hour). There are two VDOs—one for single rate tariffs and one for two-period time of use tariffs.
Queensland (QLD)
Energy costs are based on the Energex energy network but may vary depending on circumstances. It is also based on general energy usage of 4613kWh/year for residential consumers on a single rate tariff.
Plan | Price Per Year |
Kogan Energy For Current Kogan First Members | 4% less / $1,891 per year |
Kogan Energy With Free Kogan First | 4% less / $1,891 per year |
Kogan Basic Plan | Equal to reference price / $1,968 per year |
South Australia (SA)
Energy costs are based on SA Power network but may vary depending on circumstances. It is also based on general energy usage of 4011kWh/year for residential consumers on a single rate tariff.
Plan | Price Per Year |
Kogan Energy for Current Kogan First Members | 4% less / $2,190 per year |
Kogan Energy With Free Kogan First | 4% less / $2,190 per year |
Kogan Basic Plan | Equal to reference price / $2,277 per year |
Kogan Energy Gas
Kogan Energy Gas is only available in VIC and NSW. Residents have to gas plans to choose from—Kogan First and Basic.
VIC
Costs are based on the Australian Gas Network and an annual usage of 29,830MJ.
Plan | Conditional Discounts | Price |
Kogan First | N/A | $1,392 |
Basic | N/A | $1,568 |
NSW
Costs are based on the Jemena Gas Network and annual gas usage of 18,452MJ.
Plan | Conditional Discounts | Price |
Kogan First | N/A | $898 |
Basic | N/A | $1,151 |
How to choose the right plan for your needs
If you want to find the right Kogan Energy plan, you need to pay attention to certain factors. They are the following:
Energy usage
Start by understanding your energy consumption patterns. The best way to do this is to look into your previous energy bills to get an idea of how much electricity and gas you use on average. Note any seasonal variations in usage and peak consumption times.
You can use our free electricity bill comparison tool to compare local offers from Australia’s major energy retailers and help you make the switch in a few quick steps. All you need to get started is a recent energy bill.
Set your priorities
Your priorities matter when selecting an energy plan. What is your priority—is it to save money, be more sustainable or both? Knowing your priorities will help you narrow down your options.
Examine pricing and tariffs
Carefully review the pricing structure and tariffs of each plan. Look for the following:
- Usage charges: The amount you will pay for each unit of energy consumed.
- Supply charges: A daily or monthly fee for access to the energy network.
- Discounts and incentives: Check for any discounts or incentives offered, such as pay-on-time discounts or bonus credits.
Contract terms and flexibility
Consider the contract length and flexibility of each plan. Switching to Kogan First membership locks you with the provider for 12 months. After the initial 12 months, you will be charged the then-current Kogan first membership annual fee, which is $99.
Renewable energy options
Switching to renewable energy is only right in today’s energy climate in Australia. That said, explore Kogan Energy’s green energy options. Their plans include solar feed-in tariffs (FiTs) for customers. Below are the FiTs:
NSW | VIC | SA | QLD |
5c/kWh | 5.2c/kWh | 5c/kWh | 5c/kWh |
In this post, we have shed light on how Kogan Energy operates and the factors you should consider when choosing the right plan for your needs.
Kogan Energy’s presence in the Australian energy market provides consumers with a range of choices, from competitively priced standard plans to eco-conscious green energy options.
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