Energy deals in March 2026
ENGIE
Engie offers customers a handful of sign-up discounts off their first bill, depending on the plan and energy type you sign up for:
- Engie Perks: $200 off electricity and $125 off gas (VIC)
- Engie Solar: $125 off electricity (VIC)
- Engie Everyday: $125 off electricity (VIC)
- Engie NRMA: $170 off electricity, $230 off gas (NSW)
- Engie GreenPower: $125 off electricity (VIC)
Please note that these credits only apply if you have not received a welcome credit from ENGIE in the past 12 months.
AGL
AGL’s Smart Saver electricity plan offers customers a $100 sign-up credit, provided customers stay on it for 90 consecutive days.
Eligible in: NSW, VIC, SA and QLD
Alinta Energy
Alinta Energy offers two plans with a $100 sign-up credit — HomeDeal On and HomeDeal Advantage:
- HomeDeal On: NSW
- HomeDeal Advantage: QLD
In both plans, the $100 applies to your first electricity billing cycle (usually 3 months).
Powershop
Powershop currently offers two plans with a $100 sign-up credit for residential customers moving from another provider — Switch Saver (electricity) and Power House (gas).
- Switch Saver (electricity): NSW, VIC, QLD and SA
- Power House (gas): VIC and NSW.
The credit will automatically be applied 90 days after your online account becomes active.
Momentum Energy
In VIC, new or current customers switching to Momentum Energy’s Warm Welcome plan will receive a $100 bill credit — $50 for electricity and $50 for gas.
For NSW, QLD and SA, only the $50 sign-up credit applies.
This bill credit goes towards their first energy bill.
Energy Locals
Energy Locals is enticing new customers to sign up through a series of sign-up bonuses:
Its Online Member electricity plan offers a $100 bill credit to new customers in NSW, VIC and QLD.
The Gas Saver plan gives a further $50 bill credit in NSW and VIC.
However, new customers are required to remain on the same plan for at least six months.
Kogan Energy
New customers with an existing Kogan First membership are entitled to a $100 sign-up credit on their first electricity bill in NSW, VIC, South East QLD and SA.
Red Energy
Red Energy is awarding new customers with Qantas points through its Qantas Red Saver plan.
Customers paying their first bill in full will receive 10,000 Qantas points for electricity, 5,000 points for gas and 2 points per $1 spent on energy bills paid on time.
The same plan also includes a free Qantas Frequent Flyer membership valued at $99.50.
To be eligible, you must be a Qantas Frequent Flyer member.
Eligible in: NSW, VIC, SA, QLD and ACT
Origin Energy
Origin Energy’s Go Variable electricity plan offers a $200 bill credit to new or moving customers in NSW, QLD, VIC and SA.
Everyday Rewards members in NSW, QLD, VIC and SA who apply for the Everyday Rewards plan can earn up to 10,000 bonus points (5,000 points for electricity and 5,000 for gas)
Renewing customers are eligible for 2,500 points for each fuel type. You’ll also earn one point for every $1 you spend on your electricity or gas rates.
1st Energy
1st Energy’s 1st Plus plan offers customers a $50 electricity bill credit after the first six months and an additional $50 after 12 months.
The 1st Plus plan is exclusive to TAS.
How do we select electricity and gas deals?
Our editors select energy deals with some of the highest bill credits (in dollars) and reward points for the current month.
Please note that this page:
- Strictly focuses on plans from providers in our database.
- Does not cover all deals available in your area.
- Does not compare all types of ongoing discounts.
- May not always be up to date, with deals and promotions changing over time.
How to choose the best electricity and gas deal for you
There is no such thing as a universal best electricity deal or gas deal. The energy deal that’s best for you will depend on your personal preferences:
- An electricity deal or gas deal with the highest bill credit (in dollars) will most likely deliver the highest immediate savings, but may not be the most competitive over time.
- An energy deal with a rewards points bonus may be attractive if you’re eyeing products or services you’d like to redeem (through their exclusive or affiliate rewards program).
- A rewards points bonus may be worth more than a dollar sign-up credit if the retail prices of products/services redeemed are worth more than the dollar-value of the sign-up credit (provided you intended to purchase those products/services beforehand).
Are energy switching deals worth it?
Energy switching deals are only one way to shop around for a new energy plan. Whether or not these switching deals are truly worth it depends on whether the switching or bill credit bonus saves you more than a plan with lower usage and supply rates.
Today, retailers are eager to offer other discounts. Be it pay on time, direct debit discounts or other forms of deals, it’s important not to get too carried away with promotions and to compare energy plans based on their pricing and conditions first.
Keep in mind that some electricity or gas deals require you to remain signed up for them for a minimum period to be eligible. If the bonus is only applied after six months or more, its ‘real’ savings could be split between two billing cycles if your provider bills you quarterly.
In this scenario, you could be saving more through cheaper running electricity or gas rates over the course of those two billing cycles — you’ll have to run the numbers to find the option that saves you more.
However, if you find two similar plans and can’t decide between them, then sign-up incentives are worth considering before making the final decision.
Keep in mind that you may be charged an exit or connection fee for switching depending on your existing plan. This information can be found on your plan’s basic product information document (BPID).
Shopping for electricity plans from different retailers ensures you’re securing the best deal for you, regardless of discount or promotion.
If you’re ready to explore all your energy options, you can start by comparing energy plans through Canstar’s energy comparison platform.
Our platform adds any guaranteed discounts to the annual estimated price of each plan. This figure is based on the annual estimated usage (for electricity or gas) of a person living in the distributor network corresponding to their address.
