WattBank – 15 cent Feed in Rate

True Value Solar customers can take advantage of our special 15 cent feed in rate for 3 years* up to the WattBank 50 capacity.

Switch to Diamond Energy, the solar friendly retailer, and you’ll also enjoy a hassle free transition to solar, competitive rates and service from a retailer who wants you to get the most out of your system!

Switch to Diamond Energy here!

*Clicking on this button confirms you have read, understood and accepted the WattBank 50 Offer Terms.
Eligibility criteria apply, including, True Value Solar activation, paperless billing and direct debit payment method.

Who is Diamond Energy?

We are an electricity retailer supporting new renewable generation derived from Australia’s pure resources. We own our own renewable generators and support renewable technologies including solar energy, bio-energy, wind energy and wave energy.

We have experienced solar specialist team helping customers every day with hassle free transition to solar to enjoy many years of electricity generation from their rooftops. 

Are Diamond Energy electricity rates competitive?

Yes, Diamond Energy has some of the most competitive electricity rates in VIC, SA, NSW and QLD for residential and small business customers. We continually appear as one of the lowest cost electricity retailers in government price comparison websites (eg. Energy Made Easy, My Power Planner).

Can Diamond Energy supply power to my property?

We have been supplying electricity to residential and small business customers in VIC, NSW, SA and QLD (Energex region) for over three years – providing competitive rates and great service.

Is there any disruption to my power supply during the switching process?

No, your power will not be cut off. Switching just involves the transfer of information from your current electricity retailer to us.

What if I'm on a contract but want to switch?

Switching to Diamond Energy is easy. We handle it for you, including contacting your existing retailer. If you are on a contract with your existing electricity retailer you can find out from them whether there are any exit fees associated with changing, but ultimately they can’t stop you switching.

What happens if I don't want to take up the Diamond Energy WattBank offer?

The Diamond Energy WattBank 50 offer is included with your approved True Value Solar package at no additional cost.

We can’t force you, but if you chose not to take up the Diamond Energy WattBank 50 offer, you will miss out on:

  • the high feed-in rate for 3 years (only available through Diamond Energy)
  • competitive rates for solar customers; and
  • expert, solar friendly service helping customers every day with hassle free transition to solar to enjoy many years of electricity generation from their rooftops.

How long does it take to transfer to Diamond Energy?

This will depend on where your supply address is located and also your local electricity distributor.

If you are in VIC, SA or QLD (Energex only), your transfer to Diamond Energy will most likely complete as your meter is upgraded.

If you are in NSW, in most cases you will transfer the next time your poles and wires company reads your meter.

What happens after I sign up online?

  • You will receive an auto-reply email.
  • You will receive a welcome pack from us over the next couple of business days outlining the offer and your electricity rates.

If you would prefer to talk to us, you can call between 8.30am and 6.00pm weekdays on 1300 838 009.

*WattBank 50 Offer Terms and Eligibility Criteria apply. Diamond Energy may withdraw or amend this offer at any time. Charges with this offer are available here. An Energy Price Fact Sheet for this offer is included in your Welcome Pack.  You can also view our Terms and Important Information.