When it comes to your monthly energy budget, you should ask where will you get the best value for your money? Is it with Simply Energy or AGL? Both of these energy companies provide similar services and costs which might leave you confused about which one is better for you. In this showdown of Simply Energy vs AGL, we will answer important questions like Simply Energy vs AGL which is cheapest, and how to make a switch from AGL to Simply Energy.
Simply Energy Vs AGL Which is Better?
Simply Energy and AGL offer similarly-priced plans in states across Australia. For example, in Victoria, both these companies provide a residential customer with a single rate tariff with a general energy usage of 4000kWh/year. It is important to note that energy prices are estimated and may vary depending on individual circumstances, such as location and energy usage.
When deciding which is better Simply Energy or AGL, there are a few factors to consider, and they are:
1. Green Energy
Simply Energy offers a range of green initiatives including a virtual power plant program, rewarding customers with electric vehicles, and a solar energy plan with a bonus feed-in tariff.
On the other hand, AGL offers a Green Energy plan that sources electricity equal to 20% or 100% of a customer’s household electricity consumption from renewable energy sources. AGL’s Green Energy plan is accredited under the national GreenPower program and the purchased green electricity is additional to the Commonwealth Government’s Renewable Energy Target. Therefore, AGL seems to have a specific Green Energy plan that offers customers an opportunity to support renewable energy sources.
2. Customer Base
Simply Energy is an Australian energy retailer which claims to serve over 600,000 accounts across five different Australian states: Victoria, South Australia, New South Wales, Queensland, and Western Australia. It has won numerous accolades including Most Satisfied Customers Natural Gas 2022, People’s Choice Award Clearest Billing 2021, and also emerged as Reader’s Digest Quality Service Award winner.
AGL Energy, on the other hand, is an Australian publicly traded corporation that boasts of providing 4.3 million energy and telecommunication services to wholesale clients, residential users, and small and large organizations. Overall, Simply Energy has a larger client base than AGL Energy.
3. Energy Plans
The plans offered by Simply Energy include Simply Basics, Simply For Good, Simply Movie Perks, Simply Energy Saver, Simply Blue Perks, and Simply Smarter, each with its unique features and benefits. The estimated costs for each plan vary depending on the state, network, and energy usage. Simply Energy’s prices are usually cheaper than other retailers, but prices may vary depending on the distribution network.
AGL Energy, on the other hand, is an Australian publicly traded corporation that engages in the production and distribution of gas and electricity for residential and commercial usage. It also has a plan for concession cardholders called AGL Seniors, offering a bill credit of up to $100. They offer a range of variable rate plans, including the Value Saver plan, Basics plan, and Standing Offer. AGL also has specialized plans such as the AGL Seniors Plan for concession card holders and the AGL Electric Vehicle Plan. Prices for AGL plans may vary depending on the state and the customer’s circumstances. AGL generally has reasonable prices and provides new customers with conditional incentives like bill credits.
4. Energy Price
Finally, compare the costs between Simply Energy and AGL. A decision should be made after carefully weighing all the above-mentioned variables and keeping in mind that the best energy package for you is not always the cheapest one. We can examine the available plans and their prices to compare which supplier is superior.
Here is a comparison of the Simply Energy- Simply Blue Perks plan versus the AGL Value Saver plan based on a home customer’s annual general energy consumption of 4000 kWh on a single rate tariff in Melbourne’s Citipower network.
|Parameters||Simply Energy – Simply Blue Perks||AGL – Value Saver|
|Price/year||$1,000 to $1,163||$1,010 to $1,165|
|Discount||10% less than VDO||10% less than VDO|
As we can see from the table, both plans have similar costs, with Simply Energy’s plan being slightly cheaper at $1,000 to $1,163 compared to AGL’s plan at $1,010 to $1,165 per year. Both plans also offer a 10% discount on the Victorian Default Offer (VDO), which is the reference price set by the Australian Energy Regulator (AER) for a financial year with electricity supply to residential customers in the distribution region.
However, it is important to note that the prices listed in the table are only estimates and may vary depending on the customer’s specific circumstances. Customers should use the energy provider’s comparison tool for a specific comparison in their area and check all details of any plan directly with the retailer before making a purchase decision. It is also worth noting that both Simply Energy and AGL offer solar products, although these may only be available to customers who purchase solar PV or other products through the retailer.
In conclusion, Simply Energy vs AGL both offer competitive energy plans to residential customers across different states in Australia. While both companies have their pros and cons, a direct comparison of their services is necessary to determine which one is better. Several factors discussed already should be considered when comparing the two companies. Now let us answer: Simply Energy vs AGL electricity rates – what would work best for you?
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Simply Energy Vs AGL Electricity Rates Which is Cheaper?
When buying electricity for your consumption, assessing Simply Energy vs AGL electricity rates can help you decide which one is budget-friendly. It is advised to evaluate the rates unique to your area and consumption because prices vary depending on location and plan.
But to decide, Simply Energy Vs AGL which is cheapest, note that in New South Wales, Simply Energy is currently the cheaper provider, while in Victoria, the cheapest deal is again offered by Simply Energy. In South Australia as well, Simply Energy has the cheapest price. However, in Queensland, AGL and Simply Energy are said to be neck and neck on price.
So, price plays a significant role in deciding whether or not a service is to be bought. So, you might ask is Simply Energy cheaper than AGL or if they are the same. With an idea of the electricity rates in your area, you will have a better answer on Simply Energy vs AGL – which is more pocket-friendly.
Moreover, according to the table presented, Simply Energy’s Simply Smarter RAA plan has a lower estimated annual price compared to AGL’s Value Saver plan in South Australia. However, this is just a comparison between these two specific plans in a specific region (which here is South Australia), and there may be other factors to consider when choosing an electricity provider for your location.
|Plan Name||Price per year (Est.)|
|Simply Smarter RAA||$1,000 to $1,748|
|AGL Value Saver||&1,100 to $1,767|
So based on this comparison, it appears that Simply Energy is indeed cheaper than AGL in South Australia. But Simply Energy vs AGL which is cheapest certainly depends on which area you live in.
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What Should You Keep in Mind While Making the Switch from Simply Energy to AGL and Vice Versa?
When it comes to wrapping your head around Simply Energy vs AGL you need to know how to make the switch if you’re already using one of the company’s services. There are a few things to consider before switching from Simply Energy to AGL or the other way around.
1. Make sure you comprehend the parameters of the contract by reading the terms and conditions of the new agreement with either Simply Energy or AGL, including the duration of the contract, exit costs, and other provisions.
2. You should also check customer service ratings for both energy providers to be sure that they offer helpful customer service which fits your needs. Ratings can be of great help when buying new products.
3. Think about whether the new Simply Energy or AGL plan offers different pricing for peak and off-peak times and whether they suit your usage patterns.
By considering these factors, you can make an informed decision when switching from Simply Energy to AGL or vice versa, ensuring that you get the best possible deal for your energy needs.
So, is Simply Energy cheaper than AGL? You now have the answer to it. But you must know that the cost associated with each energy company is just one factor. In the battle of Simply Energy vs AGL, whichever energy company you pick, you should try to lower your energy usage. It will help in reducing your carbon footprint to save the environment.
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