Home Energy services 1st Energy now accepts cryptocurrency for bill payments

1st Energy now accepts cryptocurrency for bill payments

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1st Energy has become Australia’s first electricity retailer to accept cryptocurrency for bill payment, announcing a new partnership with the world’s largest crypto merchant.

From March 4, customers will be able to pay their electricity bills by selecting a variety of cryptocurrencies offered by BitPay – a US-founded platform that provides services to companies like Microsoft and AT&T.

The Aussie-owned energy provider said the process is “simple and secure” and there are no fees or charges for crypto payments.

More and more Australians are using this form of digital currency and looking for payment alternatives, said 1st Energy representative Felix Baillie.

“As a small retailer, we’re all about choice first, and part of that is giving customers the ability to pay the way they want,” he said.

1st Energy Prize

Here are the 1st Energy plans in our database for Victoria. These costs are based on the Citipower network in Melbourne, but prices may vary depending on your location. This comparison assumes a general energy consumption of 4,000 kWh/year for a residential customer on a single tariff. Please use our comparison tool for a specific comparison in your region. Our database may not cover all offers in your area. As always, check all the details of any plan directly with the retailer before making a purchasing decision.

Here are the 1st energy plans on our database for NSW. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your location. This comparison assumes a general energy consumption of 3,900 kWh/year for a residential customer on a single tariff. Please use our comparison tool for a specific comparison in your region. Our database may not cover all offers in your area. As always, check all the details of any plan directly with the retailer before making a purchase decision.

Here are the 1st energy plans on our database for SE QLD. These costs are based on the Energex network in Brisbane but prices may vary depending on your location. This comparison assumes a general energy consumption of 4,600 kWh/year for a residential customer on a single tariff. Please use our comparison tool for a specific comparison in your region. Our database may not cover all offers in your area. As always, check all the details of any plan directly with the retailer before making a purchase decision.

Here are the 1st Energy Plans in our database for South Australia. These costs are based on the SA Power network in Adelaide, but prices may vary depending on your location. This comparison assumes a general energy consumption of 4,000 kWh/year for a residential customer on a single tariff. Please use our comparison tool for a specific comparison in your region. Our database may not cover all offers in your area. As always, check all the details of any plan directly with the retailer before making a purchase decision.

How do 1st Energy customers pay with cryptocurrency?

Customers will see a QR code with the amount of their chosen crypto needed to make a bill payment. The price will be locked for 15 minutes, which will allow enough time for the client to complete a trade. Bill payers can choose from the following 13 cryptocurrencies:

  • Bitcoin (BTC)
  • Bitcoin Money (BCH)
  • Dogecoin (DOGE)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • Shiba Inu (SHIB)
  • Wrapped Bitcoin (WBTC)
  • XRP (XRP)
  • Five USD-pegged stablecoins – BUSD, DAI, GUSD, USDC, and USDP

“Cryptocurrency is going mainstream and there are millions of consumers who want to pay for everyday items like energy services and 1st Energy is taking the lead across Australia to make it available,” said Merrick Theobald. , Vice President of Marketing for BitPay.

Where does 1st Energy operate?

1st Energy is an electricity retailer with operations in New South Wales, Victoria, South East Queensland, South Australia and Tasmania. At the time of publication, 1st Energy is priced competitively in Victoria, where the power company is based, and offers some value in other states in the form of a conditional discount.

Compare energy prices

Here are some of the cheapest deals posted by retailers on our database which include a link to the retailer’s website for details. These are referral partner products†. These costs are based on the Ausgrid network in Sydney but prices may vary depending on your location. This comparison assumes a general energy consumption of 3,900 kWh/year for a residential customer on a single tariff. Please use our comparison tool for a specific comparison in your region. Our database may not cover all offers in your area. As always, check all the details of any plan directly with the retailer before making a purchasing decision.

Here are some of the cheapest deals posted by retailers on our database which include a link to the retailer’s website for details. These are referral partner products†. These costs are based on the Citipower network in Melbourne, but prices may vary depending on your location. This comparison assumes a general energy consumption of 4,000 kWh/year for a residential customer on a single tariff. Please use our comparison tool for a specific comparison in your region. Our database may not cover all offers in your area. As always, check all the details of any plan directly with the retailer before making a purchasing decision.

Here are some of the cheapest deals posted by retailers on our database which include a link to the retailer’s website for details. These are referral partner products†. These costs are based on the Energex network in Brisbane but prices may vary depending on your location. This comparison assumes a general energy consumption of 4,600 kWh/year for a residential customer on a single tariff. Please use our comparison tool for a specific comparison in your region. Our database may not cover all offers in your area. As always, check all the details of any plan directly with the retailer before making a purchase decision.

Here are some of the cheapest deals posted by retailers on our database which include a link to the retailer’s website for details. These are referral partner products†. These costs are based on the SA Power network in Adelaide, but prices may vary depending on your location. This comparison assumes a general energy consumption of 4,000 kWh/year for a residential customer on a single tariff. Please use our comparison tool for a specific comparison in your region. Our database may not cover all offers in your area. As always, check all the details of any plan directly with the retailer before making a purchase decision.

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