The 'reference price' is a rough benchmark of what an average customer may pay over a year. Customers can compare plans from different energy retailers more easily with this. The Australian Energy Regulator sets the reference price for each distribution zone each year based on the average annual consumption in that region. The difference between their prices and the reference price is shown on all Bright Spark Power plans, which the company says promotes transparency.
Bright Spark Power has launched two new market deals in NSW and QLD, each with its own set of features. They are the ‘Aussie Flat Rate' and ‘Aussie Flexi Rate'. There are more discounts available when a customer continues with the company for a year. Bright Spark Power, like many other companies, has chosen to sell plans without conditional incentives, focusing instead on low prices.
Aussie Flat Rate
The Aussie Flat Rate plan is marginally less expensive and comes with 12-month fixed rates. Although this is a fixed-rate deal, the retailer promises to pass on lower rates if prices fall.
Aussie Flexi Rate
The connection fee on the Aussie Flexi Rate plan is $39. You'll get variable rates rather than fixed rates. In NSW, this plan is slightly more expensive than the fixed-rate alternative, while in Queensland, it is the same amount.
Both these plans provide annual billing and prefer direct debit or credit card payments, which have no fees associated with them. Other modes of payment may attract additional charges. This retailer also uses electronic billing, which means you'll get your bill by email. The prices and features offered by Bright Spark Power are straightforward and transparent, but you should make a choice that works best for you after considering all the details and comparing the retailer to others.