Amber Electric review
Amber Electric's plans are available to households in NSW, VIC, QLD, SA and the ACT.
Its model works differently to most traditional energy providers as it offers access to wholesale electricity prices in return for a $19 per month subscription fee.
Wholesale power prices skip the middle person and let you pay the same amount that retailers pay to access electricity for you.
The prices are updated every 30 minutes and are set by the Australian Energy Market Operator.
This model will suit your household, whether you have solar or not, as long as you're comfortable monitoring pricing trends and changing energy usage habits accordingly.
This is certainly true of times when wholesale electricity spikes could see you pay more for power.
Pros
- Its smart app tracks wholesale prices in real time so you know when to use more power for less
- 100% carbon-neutral plans
- CommBank customers can get $0 subscription offer for the first 6 months
Cons
- Wholesale pricing model may not suit all households
- Limited customer support options