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Carbon Neutral Energy Plans 

Find out what carbon neutral energy plans are and then compare energy plans online right here through Savvy  

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, updated on August 11th, 2023       

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We’ve partnered with Econnex to bring you a range of energy plans to help you compare them.

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We’ve partnered with Econnex to bring you a range of energy plans to help you compare them.

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Carbon neutral energy plans are leading the way towards a sustainable future, providing an environmentally conscious solution to our energy needs. That’s why here at Savvy we want to make it easier to find, select and switch to a new greener energy plan.  

We offer a 100% free comparison service to help you find the best carbon neutral energy plans tailored to your needs. Using our online comparison service, you can have a range of green energy plans in front of you to compare almost instantly. Explore the benefits, features, and importance of carbon neutral energy plans with Savvy right here and take a small step towards a more sustainable future. 

What are carbon neutral energy plans, and how do they work?

As the world grapples with the challenges of climate change, carbon neutrality has emerged as a crucial concept in mitigating greenhouse gas emissions. Carbon-neutral energy plans are sustainable energy products that aim to offset the carbon emissions produced by generating electricity. These innovative energy plans prioritise the use of renewable energy sources, such as solar, wind, hydro, and bioenergy, which have a minimal carbon footprint.  

They work by supporting investment in renewable energy projects, or purchasing carbon credits to compensate for the carbon dioxide released into the atmosphere during energy generation. Here’s how carbon neutral energy plans work in detail: 

Investing in renewable energy:  

Some energy providers allocate a portion of their revenue from carbon neutral energy plans to fund renewable energy projects such as solar, wind, or hydroelectric power. This helps increase the share of clean energy in the overall electricity generation mix. 

Purchasing carbon credits:  

Carbon neutral energy plans may involve the energy supplier buying carbon credits from verified projects that reduce greenhouse gas emissions. These projects could be located within Australia or internationally. By purchasing these credits, the energy provider offsets carbon emissions in equal portion to the energy consumption of the plan's customers. 

Reducing emissions through efficiency:  

Some carbon neutral energy plans also focus on promoting energy efficiency measures. This can include providing energy-saving tips to retail and business customers, offering incentives for adopting energy-efficient appliances, or conducting energy audits to identify areas for improvement in energy use 

Switching to a carbon neutral energy plan allows individuals and businesses to reduce their carbon footprint and contribute to a more sustainable future. It supports the development of renewable energy sources and so helps combat climate change.  

By choosing a cleaner, greener energy plan, you can make a positive impact on the environment and support the transition to cleaner energy sources. Explore your energy plan options here through Savvy to find the best carbon neutral energy plan for your needs. 

How can I switch to a carbon neutral energy plan?

Switching to a carbon neutral energy plan is a simple and impactful way to reduce your carbon footprint and support renewable energy. Here's how you can make the switch with Savvy here today: 

  • Assess your current energy plan:  

Start by reviewing your current energy plan so you understand the details of your electricity and gas use. Check if your current provider offers a carbon neutral option, or if you need to switch to a different provider. 

  • Provide your information: 

Simply give us some basic details about your electricity and gas needs and usage. If you have solar panels, and are also after a cheap solar plan, let us know the current feed-in tariff you receive and how much electricity your solar system generates. 

  • Compare available plans:

We'll show you a range of electricity plans available in your state. Explore the different green energy plans available in your area, and compare these plans to see if you can save money by switching providers. Look for the energy providers that offer the best carbon neutral energy plans when comparing plans

  • Choose a suitable greener plan:  

Consider factors such as the percentage of renewable energy on offer with the plan, the credibility of carbon offset projects supported by the plan, and any additional costs imposed to provide a carbon neutral plan. To get the best energy plan possible, make sure your chosen plan also meets your other needs for a great energy plan.  

  • Compare the rate charged for gas

Natural gas is charged per megajoule (MJ) and is typically between 1.5 and 4.8 cents per MJ. Tariffs for gas are often sold in price blocks, so you pay a different (higher) rate for the first 100 MJ you use, and less for subsequent amounts.   

  • Compare the rate charged for electricity 

All energy retailers offer deals based on the electricity reference price and average usage in your area. They also state the percentage difference between their price and the national reference price, so you can compare costs easily. For example, one company's electricity plan may be 6% cheaper than the reference price, while another may be 2% cheaper. This allows you to see which option offers better savings.  

  • Select your new energy plan: 

Once you've identified a suitable carbon neutral energy plan, select the plan and make the switch all in one place right away, without having to search on other websites. That’s the Savvy difference – we make it so easy for you to make the switch! Your new energy provider will reach out to you and then initiate the switching process. They will guide you through the necessary steps, which may include filling out an application form and providing some basic details about your current energy supply. 

Your new provider will handle all the details of the switch, so you don’t have to contact your old provider or worry about being left without gas or electricity. All the switching details will be taken care of on your behalf. 

  • Enjoy your carbon neutral energy:  

Once the switch is complete, you can start enjoying the benefits of a carbon neutral energy plan. Your electricity will be sourced from renewable energy projects or balanced by carbon credits, ensuring that your energy consumption has a minimal impact on the environment. 

Switching to a carbon neutral energy plan demonstrates your commitment to sustainability and supports the growth of renewable energy in Australia. It's a tangible step towards combating climate change and creating a greener future for generations to come.  

Are carbon neutral energy plans available in all parts of Australia?

No, carbon neutral energy plans are not available in all parts of Australia. The availability of these plans depends on the state or territory you live in. While most regions in the eastern and southern states allow customers to choose from multiple energy retailers, there are areas where customers have less choice. In the Northern Territory, for example, there are currently no mains natural gas retailers. As a result, residents only have the option to switch LPG gas bottle providers. In Western Australia, the gas market is regulated by the state government. Depending on your location, you may have limited or no choice when it comes to selecting your electricity or gas provider. 

However, in most of the other states and territories, you will be able to compare different types of energy plans through Savvy and look at the different green energy options available.

Types of energy plan

Why compare energy plans with Savvy?

More of your questions about carbon neutral energy plans

What are the benefits of a solar energy plan?

The benefits of a solar energy plan are significant. By embracing solar power, individuals and businesses can enjoy lower electricity bills and long-term cost savings. This is because you may be paid by your supplier for the excess electricity you produce through your solar panels. Embracing solar power not only saves money but also contributes to a cleaner and more sustainable future. 

What is the difference between carbon neutral and renewable energy plans?

Carbon neutral energy plans aim to offset or neutralise the carbon emissions produced by energy generation and consumption. On the other hand, renewable energy plans focus on supporting clean, renewable energy sources such as solar or wind power to generate greener electricity that doesn't rely on digging up fossil fuels. 

How do carbon neutral energy plans contribute to sustainable development?

Carbon neutral energy plans support sustainable development by reducing greenhouse gas emissions. They promote the use of clean energy sources, helping to mitigate climate change and protect the environment for future generations. 

Are there any government incentives to switch to green energy plans?

Yes, many state governments now offer incentives to encourage the adoption of greener energy plans. These incentives may include rebates, grants, or feed-in tariffs that reward the generation of renewable energy. See the Government's renewable energy website for information on the latest incentive offers which may be available. 

Will a greener energy plan be far more expensive?

A greener energy plan may cost slightly more, but may not necessarily be far more expensive. The cost of a carbon neutral plan will depend on various factors, including your location, energy usage, and the specific provider you choose. On average, the cost of GreenPower, a popular green energy program in Australia, ranges from 4 to 8 cents per kilowatt-hour (kWh) in addition to your regular electricity rate. To estimate the additional cost, you can calculate your daily average electricity usage and multiply it by the additional cost per kWh, which is typically around 5 cents. For an average household, this might result in approximately 1 dollar per day added onto their energy bill. It's important to note that the actual cost may vary depending on your energy consumption and the rates offered by different providers. 

Are carbon neutral energy plans available for businesses of all sizes?

Yes, carbon neutral energy plans are available for businesses of all sizes. Many energy providers offer tailored solutions to meet the specific needs of commercial and industrial customers, so it’s worth talking to different suppliers to see what specialised options they may be able to offer you.  

Can I switch to a carbon neutral energy plan if I rent where I live?

In many cases, yes, tenants will be able to switch to a carbon neutral energy plan. However, it's important to check with your energy provider and your landlord to ensure that switching plans is permitted and feasible in your particular rental situation. 

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Disclaimer:

Savvy is partnered with Econnex Comparison (CIMET Sales Pty Ltd, ABN 72 620 395 726) to provide readers with a variety of energy plans to compare. We do not compare all retailers in the market, or all plans offered by all retailers. Savvy earns a commission from Econnex each time a customer buys an energy plan via our website. We don’t arrange for products to be purchased directly, as all purchases are conducted via Econnex.

Any advice presented above is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an energy plan. For further information on the variety of energy plans compared by Econnex, or how their business works, you can visit their website.

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