As a product of energy retailer, Energy Locals, Amber Electric are striving toward a future where renewable energy is the norm - and they want to help Aussie customers save a few dollars along on the way!
Customers in New South Wales, Victoria, South-East Queensland, South Australia and the Australian Capital Territory can currently sign up to Amber.
One of the great things about Amber energy is the fact that their customers will always have access to wholesale energy prices, keeping them from being stung by any price markups. Amber will even pay you when wholesale prices turn negative or, in the event that prices spike, Amber guarantees that customers won’t ever pay more than the Victorian Default Offer (VDO) by capping prices.
As Amber partner with Energy Locals customers can also opt for a GreenPower energy plan if they don’t want to install solar panels on their home. There are also no lock-in contracts or exit fees with Amber energy plans, though Amber does charge a $15 monthly subscription fee, which they say helps provide customers with wholesale prices.
Amber are forward thinkers and their approach to technology is no different. With their free app customers will be able to view live wholesale energy prices as they change as well as check out their usage history or make use of the 12 hour forecast for wholesale prices.
Amber is a part of Energy Locals, a retailer that shares the same focus on a sustainable future while making the time to work with various communities and charities.
Amber promises that their customers won’t pay more than they need to by capping prices once they hit the VDO price.
It’s no trouble if you find that Amber isn’t right for your household, as there are no lock-in contracts or exit fees.
If you’d like to become an Amber customer, you’ll need to sign up online which takes less than three minutes to do. Since Amber hasn’t officially launched, you will be placed onto the waiting list for when the time comes. Switching to Amber is free, however, if you don’t have a smart meter installed they will do this for you ($75 charge per year).
You won’t need to contact your current retailer either, as Amber will handle this on your behalf. Once the 10 day cooling off period has passed, Amber requires a meter read, so you can get a final bill from your old retailer. This might take a little longer if you have a traditional meter installed.
As you’ve probably gathered by now, Amber is still in its early stages, so there is no current information about moving house.
The Mozo community has rated Amber Electric products and services on different specifications ranging from pricing and bill clarity to customer satisfaction and green energy.
Love the app and the information available regarding the pricing and amount of renewable energy that is being used at various times throughout the day. The pros are that in the right conditions the prices are crazy cheap but it is very weather dependent as it based of renewable energy. The cons are that during winter typically there aren’t too many cheap days and it can get expensive, there have also been some unexpected price hikes that were very unreasonably costly.
I love how easy it is to save and get cheap electricity, paying low prices when the market is stable is amazing at the reasonable cost of power saving on those rare spikes where electricity is high. Plus you never need to pay more than other providers as apart of their promise. The app displays how much you’ve used every day as well as the forecast prices of electricity every 30 minutes. Amazing electricity company.
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Want to find out how Amber Electric fares compared to other retailers in the market? Then head on over to our energy comparison tool.