Last updated: 1 April 2026

    Red Energy vs Simply Energy

    Red Energy appears cheaper based on average annual bill estimates — est. $1,430/yr, compared to $1,435/yr for Simply Energy. Actual costs vary by state, usage, and plan.

    Compare Red Energy and Simply Energy electricity plans side by side. See rates, solar feed-in tariffs, pros and cons, and find out which retailer offers the better deal for Australian households.

    Which provider is cheaper?

    $1,430
    Red Energy est. annual bill
    ✓ Lower
    $1,435
    Simply Energy est. annual bill
    Est. annual bill difference: $5 — actual costs vary by state, usage, and plan.

    Rates comparison

    MetricRed EnergySimply Energy
    Avg. usage rate27.5c/kWh 27.4c/kWh
    Daily supply charge$0.98/day $0.97/day
    Est. annual bill$1,430 $1,435
    Solar feed-in tariff6–8c/kWh 6–10c/kWh
    Customer rating4.4/5 3.9/5
    States availableNSW, VIC, QLD, SA, ACTNSW, VIC, SA
    Plan typesfixed, variable, solarfixed, variable, solar

    ✓ indicates the better value option for that metric. Estimates based on average household usage of 18 kWh/day. Actual rates vary by state and plan.

    This analysis is based on EnergyPlans Australia's 2026 energy pricing data across multiple providers and states.

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    Recommended

    Red Energy

    4.4/5

    Red Energy is consistently one of the best-rated retailers in Australia for value and customer service. Highly recommended for households in the eastern states looking for a competitive and trustworthy alternative to the major retailers.

    Full Red Energy review

    Simply Energy

    3.9/5

    Simply Energy offers good value in VIC and SA, backed by the resources of ENGIE. Their solar feed-in tariff rates are among the more competitive options in those states.

    Full Simply Energy review

    Red Energy — pros & cons

    100% Australian-owned (Snowy Hydro subsidiary)
    Consistently top-rated for customer service
    Competitive pricing across all available states
    No hidden fees on most plans
    Solar feed-in tariff available
    Not available in WA, TAS, or NT
    Smaller retailer with fewer plan types than the big three
    Limited business energy options
    No gas supply in some states

    Simply Energy — pros & cons

    Backed by international energy company ENGIE
    Competitive solar feed-in tariff rates
    Good pricing in VIC and SA
    Transparent plan structures
    Discount offers for new customers
    Available in NSW, VIC, and SA only
    Fewer plan types than larger retailers
    Limited customer service hours
    Some customers report issues with billing accuracy

    Frequently asked questions

    • Is Red Energy cheaper than Simply Energy?

      Based on average rates, Simply Energy offers a lower average usage rate (27.4c/kWh vs 27.5c/kWh). However, actual costs depend on your specific plan, usage, and state. Always compare using your own energy bill data.

    • Which provider offers a better solar feed-in tariff: Red Energy or Simply Energy?

      Simply Energy generally offers the better solar feed-in tariff rate (6–10c/kWhc/kWh vs 6–8c/kWhc/kWh). Rates vary by state and plan, so confirm directly with the retailer.

    • Are both Red Energy and Simply Energy available in my state?

      Both Red Energy and Simply Energy are available in: NSW, VIC, SA. Red Energy is available in NSW, VIC, QLD, SA, ACT, and Simply Energy in NSW, VIC, SA.

    • Which is better overall: Red Energy or Simply Energy?

      Red Energy and Simply Energy score similarly across the metrics in our dataset. The right choice depends on your state, usage patterns, and whether you have solar panels — use the comparison tool to check current plan availability for your postcode.

    • How do I switch from Red Energy to Simply Energy (or vice versa)?

      Switching electricity retailers in Australia is straightforward. You can switch online, by phone, or through an independent comparison service. The process typically takes 2–5 business days and you will not experience any interruption to your electricity supply. Check for any exit fees on your current plan before switching.

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