Powerclub gives you the opportunity to participate in the wholesale energy market which means you receive the benefits - not the big energy companies
The table below shows the percentage difference between Powerclub's 'Home Flat' residential plans for standard meters (excluding solar, controlled load and any government concessions or rebates), against the regulated *reference price within each network.
The comparisons are based on an annual usage of 5,000 kWh per year, which is average for a medium-sized household, and include Powerclub's's annual membership of $39.
All prices are effective as of 1 July 2020. All prices are GST inclusive.
*The reference price refers to the Victorian Default Offer which is set by the Essential Services Commission (ESC) or the Default Market Offer, established by the Australian Energy Regulator (AER) for residents of NSW, SA, QLD and ACT. They are designed to help consumers compare electricity market offers as all retailers must compare their offers against the same base rate or 'reference price'. The difference between the reference price and the 'Powerbank Home Flat' plan in each network is expressed as a percentage less than the reference price.
As a Powerclub Member, you always pay wholesale for the energy you use; however, your Powerbank Plan will depend on your meter configuration and specific network tariff. To find out more about how Powerclub matches you to the right plan, click here.