Rates and Pricing Archives - CovaU Energy https://www.covau.com.au/docs-category/rates-and-pricing/ The Best Energy Provider in Australia - CovaU Energy Mon, 10 Jun 2024 00:32:02 +0000 en-AU hourly 1 https://www.covau.com.au/wp-content/uploads/2021/06/cropped-covau-favicon-1-32x32.png Rates and Pricing Archives - CovaU Energy https://www.covau.com.au/docs-category/rates-and-pricing/ 32 32 Why have my rates changed? https://www.covau.com.au/docs/rates-and-pricing/why-have-my-rates-changed/ Mon, 10 Jun 2024 00:32:00 +0000 http://CVU-admin-2024 Prices sometimes change as the costs of providing our customers with energy changes. When rates change, they don’t just affect CovaU customers – most energy providers in the Australian Capital Territory, New South Wales, Queensland and South Australia will be changing their prices at the same time, because costs of supplying energy continue to become […]

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]]> Prices sometimes change as the costs of providing our customers with energy changes. When rates change, they don’t just affect CovaU customers – most energy providers in the Australian Capital Territory, New South Wales, Queensland and South Australia will be changing their prices at the same time, because costs of supplying energy continue to become more expensive.

You will never be surprised by a price change. All CovaU Energy customers will be notified via mail or email about price changes, and related messaging will be posted on our website. You can find more information here on why rates change.

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]]> How often do you change rates and prices? https://www.covau.com.au/docs/rates-and-pricing/how-often-do-you-change-rates-and-prices/ Mon, 10 Jun 2024 00:32:02 +0000 http://CVU-admin-2024 We review our rates and prices regularly and notify you of any changes in advance. Price changes depend on what state you’re in and what sort of contract you’re on. Click the link to find updated electricity and gas offers available in your area.

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]]> We review our rates and prices regularly and notify you of any changes in advance. Price changes depend on what state you’re in and what sort of contract you’re on. Click the link to find updated electricity and gas offers available in your area.

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]]> Do you have discounts and promos? https://www.covau.com.au/docs/rates-and-pricing/do-you-have-discounts-and-promos/ Mon, 10 Jun 2024 00:32:00 +0000 http://CVU-admin-2024 CovaU Energy have various discounts and promos for our customers to help you save on your energy bills.

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]]> CovaU Energy have various discounts and promos for our customers to help you save on your energy bills.

  • CovaU Rewards: Access to rewards from over 4,500 participating businesses across Australia.
  • Refer a Friend: Receive $50 credits for you and your referral for every successful transfer.
  • Guaranteed Discount: We provide a guaranteed discount ensuring that all our customers receive this discount every time they switch to CovaU Energy.

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]]> Why is there a peak and off-peak rate? https://www.covau.com.au/docs/rates-and-pricing/why-is-there-a-peak-and-off-peak-rate/ Mon, 10 Jun 2024 00:32:00 +0000 http://CVU-admin-2024 Peak and off-peak rates are different charges for electricity usage at different times of the day. Peak rates apply when the demand for electricity is high, usually during weekdays while off-peak rates apply when the demand for electricity is low, usually during weekends and public holidays. Peak and off-peak rates help you save money by […]

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]]> Peak and off-peak rates are different charges for electricity usage at different times of the day. Peak rates apply when the demand for electricity is high, usually during weekdays while off-peak rates apply when the demand for electricity is low, usually during weekends and public holidays.

Peak and off-peak rates help you save money by encouraging you to use less electricity during peak times and more during off-peak times.

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]]> What is CovaU Basic? https://www.covau.com.au/docs/rates-and-pricing/what-is-covau-basic/ Mon, 10 Jun 2024 00:32:00 +0000 http://CVU-admin-2024 CovaU Basic, also known as Standing Offer, is an ongoing energy plan with no discounts or benefits. This offer is applied to a customer who does not actively choose an energy plan or enter into a market retail contract. For example, for someone moving into a premise where the electricity or gas is already connected, […]

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]]> CovaU Basic, also known as Standing Offer, is an ongoing energy plan with no discounts or benefits. This offer is applied to a customer who does not actively choose an energy plan or enter into a market retail contract.

For example, for someone moving into a premise where the electricity or gas is already connected, any energy consumption in these premises will be charged at the Standard Offer rates under a Standard Retail Agreement before they choose another energy plan. This will be billed under the name “The Occupier”.

Find a plan that’s best for you by clicking the link.

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]]> How the Standard Offer prices are set in NSW, SA, and Southeast QLD? https://www.covau.com.au/docs/rates-and-pricing/how-the-standard-offer-prices-are-set-in-nsw-sa-and-southeast-qld/ Mon, 10 Jun 2024 00:32:00 +0000 http://CVU-admin-2024 In NSW, SA and South-east QLD, the CovaU Basic is called Default Market Offer (DMO). Your new rates will appear on the first bill you receive after 1st of July. The Default Market Offer has been introduced by the Federal government in July 2019 to reduce the standard offer prices for eligible residential and small […]

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]]> In NSW, SA and South-east QLD, the CovaU Basic is called Default Market Offer (DMO). Your new rates will appear on the first bill you receive after 1st of July.

The Default Market Offer has been introduced by the Federal government in July 2019 to reduce the standard offer prices for eligible residential and small business customers in NSW, SA and South-east QLD. It acts as a regulated price cap for electricity standard offer customers on flat tariffs.

The DMO is the annual maximum total bill amount (a reference price) that energy companies can charge for the standard offer prices based on a default average usage amount. The Australian Energy Regulator determines the reference prices and the average annual usage level for each electricity distribution zone, which they will review annually.

Note: The gas standard offer prices are not governed by the DMO. Energy companies are free to set reasonable supply and usage charges for the gas standard offers.

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]]> How the Standard Offer prices are set in VIC? https://www.covau.com.au/docs/rates-and-pricing/how-the-standard-offer-prices-are-set-in-vic/ Mon, 10 Jun 2024 00:32:01 +0000 http://CVU-admin-2024 In VIC, the Standard Offer is called Victorian Default Offer (VDO). VDO is the electricity standard offer available for both residential and business customers in Victoria. The Victorian state government introduced the VDO on 1st July 2019 which aims at providing more affordable electricity prices to the public. The VDO prices are set by the […]

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]]> In VIC, the Standard Offer is called Victorian Default Offer (VDO). VDO is the electricity standard offer available for both residential and business customers in Victoria. The Victorian state government introduced the VDO on 1st July 2019 which aims at providing more affordable electricity prices to the public.

The VDO prices are set by the Victorian Essential Services Commission (ESC) and these regulated default prices will change yearly.

Note: The gas standard offer prices are not governed by VDO. Energy companies are free to set reasonable supply and usage charges for the gas standard offers.

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