⚡ Electricity Providers in Tasmania: A Comparative Overview
When relocating to Tasmania, understanding the local electricity market is essential. While the market has opened to competition in recent years, it remains relatively limited compared to mainland states. This guide provides an up-to-date comparison of electricity providers in Tasmania as of 2025, helping you make informed decisions about your energy needs.
🔌 Overview of Tasmania's Electricity Market
Tasmania's electricity market has been open to full retail competition since 2014. However, the number of active residential electricity retailers remains small. The market is regulated, with the Office of the Tasmanian Economic Regulator (OTER) overseeing pricing for standard offers. This regulation ensures price stability but limits the extent of competitive pricing.
🏠 Major Electricity Retailers in Tasmania
As of 2025, the primary electricity retailers serving residential customers in Tasmania are:
1. Aurora Energy
Ownership: State Government-owned.
Services: Electricity and gas.
Features:
Offers regulated pricing.
Provides the Aurora+ app for real-time usage tracking.
No lock-in contracts or exit fees.
Solar feed-in tariff: 8.94¢/kWh.
Website: auroraenergy.com.au
2. 1st Energy
Ownership: Private company based in Victoria.
Services: Electricity.
Features:
Offers market-based pricing with potential discounts.
Fixed-term contracts available.
Solar feed-in tariff: 8.94¢/kWh.
Website: 1stenergy.com.au
3. Energy Locals
Ownership: Private company.
Services: Electricity.
Features:
Subscription-based model providing access to wholesale rates.
Focus on renewable energy and carbon neutrality.
Solar feed-in tariff: 8.94¢/kWh.
Website: energylocals.com.au
4. Solstice Energy
Ownership: Formerly Tas Gas Retail.
Services: Electricity and gas.
Features:
Competitive pricing with higher solar feed-in tariffs.
Solar feed-in tariff: 10¢/kWh.
Website: solsticeenergy.com.au
5. CovaU Energy
Ownership: Private company.
Services: Electricity.
Features:
Simple plans without complex discounts.
Solar feed-in tariff: 8.94¢/kWh.
Website: covau.com.au
6. Nectr
Ownership: Renewable energy-focused company.
Services: Electricity.
Features:
Offers green energy plans.
Solar feed-in tariff: 8.94¢/kWh.
Website: nectr.com.au
☀️ Solar Energy Considerations
Tasmania's climate and energy policies make solar energy a viable option for many households. Key points to consider:
Feed-In Tariffs: The minimum regulated solar feed-in tariff is 8.935¢/kWh. Some providers, like Solstice Energy, offer higher rates.
Installation: Approval from TasNetworks is required for solar installations. Ensure your installer is accredited and follows the necessary procedures.
Smart Meters: To take full advantage of time-of-use tariffs and real-time monitoring, consider installing a smart meter.
🔄 Switching Providers
Switching electricity providers in Tasmania is straightforward:
Compare Plans: Use tools like Energy Made Easy to compare available plans.
Check Contract Terms: Review any exit fees or contract obligations with your current provider.
Initiate Switch: Contact your chosen provider to begin the switching process. They will handle the transition, including meter readings and notifications.
📝 Final Thoughts
While Tasmania's electricity market offers fewer choices than other states, the available providers present a range of options to suit different needs. Whether you prioritize cost savings, renewable energy, or customer service, there's a provider that aligns with your preferences.
For the most accurate and up-to-date information, always consult the providers directly and consider using comparison tools to assess the best fit for your household.
Note: All information is accurate as of May 2025. Prices and offerings are subject to change. Always verify details with the respective energy providers.
