Rent.com.au Enters Partnership with Origin Energy

July 13, 2022
Share this Post: 

Rent.com.au, Australia's foremost renting-only portal, has joined up with electricity giant Origin Energy.

Under the terms of the deal, Rent.com.au customers will now get electricity and gas services from Origin through its RentConnect product as well as 'Bill Smoothing'.

The deal runs for an initial 24 months, with Rent.com.au receiving a commission every time a customer signs up for one of Origin's plans.

Rent.com.au will return a portion of its commissions to customers in the form of a $100 gift card.

Greg Bader, CEO at Rent.com.au, said:

"This is an incredibly exciting opportunity for the growth prospects of the company.

"Not only is Origin one of the largest electricity and gas retailers in the country, powering millions of households, but importantly for us they recognise and value the uniqueness of our renting community."

"We have always preferred a single partner model because it means we can provide a seamless experience and negotiate great deals for our customers."

Rent.com.au recorded an 8% increase in revenues year on year this January despite a listings slowdown.

Meanwhile, Origin Electricity recently made news for all the wrong reasons when it was ordered by the Federal Court of Australia to pay more than $17 million in penalties after the company breached its obligations to customers facing financial hardship.

More than 90,000 customers were affected when Origin failed to correctly identify and support customers struggling to keep up with payments, with some households being prematurely disconnected from the grid by Origin before being offered alternative payment options.

 

July 13, 2022
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Zillow Housing Data
Zillow Rolls Out AI-Assisted Home Tours Nationwide

Home shoppers across the U.S. can now tour homes virtually using Zillow's free, AI-generated floor-plan tool. Zillow's AI-generated floor plan is...

Read More
Scout24 Boardroom
Scout24 Revenues Grow 15% in Q2 as User Subscriptions Grow to Nearly 300,000

Scout24, Germany's dominant portal, has released its half-year results, with strong performance across the board. Highlights include: Revenue growth of...

Read More
Shutterstock 1356000662
REA Group Smashes A$1 Billion Revenue Barrier as it Capitalizes on 'Buoyant Listings Environment' in FY22

The Australian real estate portal operator REA Group has released its report for the 2022 Australian financial year. Highlights from...

Read More
Shutterstock 502750987
Opendoor Gets Fined $62m, Partners up with Zillow

Opendoor—an iBuying specialist based in the US—has been fined by $62 million by the FTC for misleading customers and posted...

Read More

Editor's Pick