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[VIC, NSW, SA, QLD] Sign up Credit: $150 Electricity & [VIC, NSW] $150 Gas @ Powershop (New & Moving Customers Only)

2090

Receive up to $300 in sign-up credits
when you combine selected residential electricity and gas plans. Not available in all areas.
Combine it with Cash Rewards ($90 elec + $50 gas)
Or use referral code for extra $75 credit.

Switch Saver Terms and Conditions

To be eligible to receive the $150 (incl. GST) credit (Sign-up Credit):

  • you must be a residential customer switching your electricity to Powershop from another retailer, or an existing Powershop residential customer moving to a new premises where Powershop will continues to sell you electricity, and
  • the premises you switch or move to must be in VIC, NSW, SA or South East Queensland.

You’ll get the $150 (incl. GST) credit (Sign-up Credit) as an offset against the charges on your first electricity bill. If the charges on your first electricity bill are less than the Sign-up Credit, we’ll carry over the balance of the Sign-up Credit to your next bill. If your electricity market contract ends before you’ve incurred charges to the value of the Sign-up Credit and you’re taking up a new electricity market contract with us (at the same or new premises), we’ll transfer the balance to your first electricity bill under your new contract. The Sign-up Credit otherwise isn’t transferable or redeemable for cash. We won’t pay it as a refund, and it may not be available with other Powershop offers.

Power House Gas $150 Credit Terms and Conditions

To be eligible for the offer:

  • you must be a residential customer switching your gas to Powershop from another retailer, or an existing Powershop residential customer moving to a new premises where Powershop will continue to sell you gas;
  • your premises must be in Victoria or an area of New South Wales where Powershop sells gas
  • you must have a market contract for electricity with Powershop, and switching the same premises to Powershop for the supply of your gas.

You’ll get the $150 (incl. GST) credit (Sign-up Credit) as an offset against the charges on your first gas bill. If the charges on your first gas bill are less than the Sign-up Credit, we’ll carry over the balance of the Sign-up Credit to your next bill. If your gas market contract ends before you’ve incurred charges to the value of the Sign-up Credit and you’re taking up a new gas market contract with us (at the same or new premises), we’ll transfer the balance to your first gas bill under your new contract. The Sign-up Credit otherwise isn’t transferable or redeemable for cash. We won’t pay it as a refund, and it may not be available with other Powershop offers.

Powershop Referrals

Referral: random (518)

Referrer receives $75 credit and referee receives $75 credit on first bill.

Related Stores

Powershop
Powershop

closed Comments

    • +1

      Thats right it does and it confirms that the $75 referral stacks with this deal for a total of $375. OP should add that to post

  • Can you have referral AND cash rewards?

  • +1

    I believe register through the referral would be better if only electricity, always saw lots of compliant for not getting cashback from the energy compare in shopback. At least we sure can get the $75 credit from referral

  • Can confirm that if you have any remaining credit when you switch gets refunded to you by EFT.
    You receive an email a few weeks after leaving stating you have credit Powershop wants to refund to you and to call them.

    • What's EFT?
      Are you talking about signup credit or ref credit?

      • +1

        Electronic funds transfer
        All types of credit is the same credit in their eyes

        • The Sign-up Credit otherwise isn’t transferable or redeemable for cash. We won’t pay it as a refund, and it may not be available with other Powershop offers.

          Good to hear otherwise

          • +1

            @wisb0: Yeah when I read that I scoffed. However, it is possible the representative on the phone could have erroneously refunded me

            I signed up to the previous Powershop $150 sign up offer and was not able to stack with a referral. It was one or the other.

            This renewed deal's t&c also dosent exclude anyone from signing up again previously as well..

            • +1

              @txb: They probably put that there so people don't join and switch right away just to get transferred the bonuses.

  • Was going for this offer but on econnex I saw Engie was providing $400 credit (200 for electric and 200 for gas) I moved to that. Plus cashreward $112

    • I tried Engie but nothing happens…. What's wrong???

      • Engie welcome credit is tempting but compared to powershop, the rates seem higher? Unless u want to crunch out after credit exhausted.

        • Engie also have 10% discount on both tarrif and supply. Anyways I plan to move out once I use the credit.

          • @scyther: How do you get 10% discount?

            • @Bargain-er: electricity
              Offer for Non NRMA Members only - 10% Guaranteed discount off ENGIE electricity usage and supply charges and a $200 Welcome Credit on first electricity bill.

              gas
              Offer for Non NRMA Members only - 15% Guaranteed discount off ENGIE gas usage and supply charges and a $200 Welcome Credit on first gas bill.

  • Cashrewards now is offering $140 both electricity and gas, but I can't choose the electricity plan to the ev one. Is it tricky to change plans, esp while having the credit? Thanks

    • +1

      Note for Cashrewards (Econnex) you need to stay with Powershop for minimum 75 days to get cashback. But for referrals you get the credit straight away.

      • Yeah not planning to churn out every 3 months. I like the ev day rate. Charge 12-2 for free.

  • Did calculations for nine different providers (electricity only; no solar; in regional NSW; obtained as best recommendations from CompareTheMarket and EnergyMadeEasy), and found that PowerShop sits on 4th place (where the highest place represents the cheapest plan). The calculations were done for a single tenant dwelling, based upon my own electricity consumption data collected over the past 11 months. Move in/out and debit card fees were part of the calculations. So, a good market survey is suggested before blindly signing up with PowerShop.

  • One Big Switch offer $50 ontop of the current offer from this deal. OP should update that so people know

    • That's worse than just using a referral which gives you $75 straight away (and another Ozbargainer). Or Cashrewards ($140) if you plan to stay longer.
      I don't believe you can stack referral with One Big Switch.

      • Yeah you are correct, i did not take into account the referral bonus and cashback

  • Rates are not bad. But i will need to wait until i use my AGL credit. Does anyone know how long this offer is valid for? We are losing our VIC Premium feed in tariff (of 60 cents) so that will be big hit regardless.

  • I closed my account with poweshop last year in july, am i eligible? Its not clear from their t/c. Thank you.

  • In Vic, you cannot join with only gas FYI.

  • How long do these deals usually last? I'm asking because I still have $100 credit left from the previous EA switch. Not sure if I should switch now as I just got my bill about a month ago…

  • tried signing up but the system thinks I'm a returning user. I have no memory of ever joining, I've never heard of this mob before.
    forget password didn't return anything either…has anyone else experienced this?

    • Possible they've got the wrong service address. Did you try searching by NMI instead?

      • +1

        I got the address wrong, and I also had to use an alternative email. I hope my credit will be tracked. thanks for your help!

  • Does anyone know if I can refer another property of mine in different state to Powershop and still receive referral bonus? Both accounts are under same name. Hope someone can confirm that they have done the same and receive the referral bonus. Thanks

  • out of curiosity, how long did you have to wait for gas to be connected? been more than 14 business days and still nothing on my end

    • Been more than a month and gas still isn't connected. Electricity was quick

      • My gas meter was read on 23 Oct and power shop had not started my switch yet, so I thought I would have to wait another 3 months, but for some reason it got switched today.

        My power shop account only shows the 23 Oct read but the bill from the previous retailer was not a Final bill so who knows.

    • it depends on your gas meter reading date, it can take up to 4 months per read

      • Do you know why this process takes so long?

        • For electricity when you have a smart meter, the meter reading is daily so they know how much to charge when they switch.
          For gas it require a manual read which they need to know how much to charge you and it is by the meter read which happens every 80 to 100 days.

  • Hi guys, have some questions.

    I've switched my electric and gas to Powershop last month. Now I got my first bill of $120, and after $150 sign up credit + $75 VIC relief payment, the balance is $75 in credit.

    Does that mean the $150 applied for first bill only? Would the balance ($150 - $120 = $30) be carried out for the next bill or not?

    If I chunk to another electricity provider now, what happen to my credit? would I receive a refund?

    Thank you

  • I keep getting "Something went wrong submitting your details, please try again."

  • +1

    For anyone interested, this deal is still active with both the 150$ for Electricity and Gas new signups

    I just signed up in VIC (with the guaranteed 300$ credit) into a new bought house that we're moving into and combined it with the current 140$ cashback via Cashrewards!

  • can we combine with wattever?

  • is only combined gas+elec.?

    • +1

      Depends where you are, another has said no gas only for Victoria, best you check with Powershop.
      Combine it with Cash Rewards ($90 elec + $50 gas)
      Or use referral code for extra $75 credit.

  • Using the random referral link didn't get registered on the powershop side, and they have asked me to provide the account number and name of the referrer. Can someone please pm me these details? Thanks.

    • Still waiting for someone to provide their account number and name for me (and then) to claim the $75 referral bonus.

      • -1

        I have messaged you a few days before.

  • I notice when I click the random refferal link. The website link says error code. Anyone that can PM me a referral code?

    • Got one! thanks all

  • Can you stack with this deal for extra $200 gift card for electricity only?
    https://www.ozbargain.com.au/node/889130#comment-16177293

  • They did not honour the deal and gave me $150 electricity and $50 gas credit.

    Not sure if an associate can help me out. Complained in chat, but they are insisting its $50 gas credit, when literally their own website scream $150 gas credit. And yes, I only very recently signed up and even screenshot the promotion to be $150 gas credit.

    Anyways, lesson learned and will churn out any avoid these guys in the future.

    • Got both. Sounds like it's a specific issue. Call them up and speak to the manager directly

  • I also saw @RolePlayer88 comment that during signup through Cashrewards that the gas credit is now $50. $200 cash rewards with 75 minimum stay is a good boost though.

  • Went with referral instead of CR - confirmed $150 on electricity and $150 on gas with the person on the phone, plus $75 referral credit.

    Figured $175 extra credit compared to the $200 cash rewards is better, since it's immediate.

    • Cash is KING - confirmed on the phone after signing up online ?

  • I just joined up with Power Shop despite being with them for a previous offer in July 2024. I read the terms and conditions and it didn't say you need to be a new customer or not with them in the previous 12 months. However, my account is now active and there's no credit there. If I'm not getting it, I'll cancel the plan. I've already churned through AGL, Engie, Alinta and Power Shop within the last 12 months so I was a bit desperate. Does the bonus credit show up in the account at the start or at billing time? I realise I can't get the $75 referral bonus as it does say you can't be a customer in the last 12 months.

    • Credit will turn up on your first bill - usually in 3 months if billed quarterly. But if you can guestimate how much power you use each day (usually stated on the last bill) then you can switch to another provider when you use $150 of electricity. Your final bill would then be $0 - so I'd leave it for a week or 2 after to be sure to use up all the credit. And if there's no credit there - then may as well move anyway. Energy Australia are giving away $200 to NSW & VIC newbies but no love for QLD.

  • +1

    Can also get $7 off by buying a $30 March Future Pack on their website which can be bought with the $150 credit already in your account.

  • So for electricity, did your account receive both $150 CR + $75 referral CR at the same time?

  • If I join powershop within 12 months of being a customer, will I still be able to get $150 sign-up credit for electricity?\

    Any response will be greatly appreciated! Thanks

    • There is nothing in the Ts & Cs that preclude it, give them a call to be sure, and don't forget to use a referral code for an extra $75 credit or sign up through cash rewards for $120 cash back.

  • Just signed up with Switch Saver $150 + $75 referral link. All good so far - then read through the confirmation email:

    To be eligible to receive the $75 (incl. GST) credit (Friend Credit): - the premises you switch must be in VIC, NSW, QLD, SA and South East Queensland - you must not have been a Powershop customer in the last 12 months, and - you must sign up to a Powershop electricity plan online via the referral link sent to you, on or before Tuesday 31 December 2024.

    The Friend Credit will be applied as an off-set against the charges on your first electricity bill. If the charges on your first electricity bill are less than the Friend Credit, we’ll carry over the balance of the Friend Credit to your next bill. If your electricity market contract ends before you’ve incurred charges to the value of the Friend Credit, you’ll forfeit the balance of the Friend Credit – we won’t pay the balance as a refund. The Friend Credit also cannot be transferred or redeemed for cash and is not available in conjunction with any other promotional offers available through Powershop from time to time.

    We'll see how it goes.

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