Compare energy plans to power up your savings

Some of the energy providers we compare

Why compare energy with Finder?

We know our stuff. Our experts review hundreds of plans each month. It's hard work, but we love it.

You can rely on us. We update plan data on dozens of providers daily, and we're constantly fact-checking.

We're here to help. We've helped millions of Aussies find cheaper energy. That's pretty powerful.

How energy comparison works

Step 1

Give us some details about your home and what you're looking to switch. We need these details so we can figure out what plans are available for your address.

Step 2

Check out the plans on offer! If you're thinking of switching providers it's a good idea to have you most recent bill so you can compare.

Step 3

Sign up online with your chosen offer. Switching gas or electricity is super easy. Your new provider does all the hard work, but will call if there are any issues.

Compare energy plans

As seen on...

Our guide to energy plans

By

Mariam Gabaji

Why should you compare energy plans?

You've probably heard this a million times already over the last couple of years but it still holds true - the days of setting and forgetting about energy plans are long gone.

Set a calendar reminder to compare your electricity and gas plan every 12 months, if not twice a year, so you're not unnecessarily giving providers your hard-earned cash.

Besides the obvious, a few other reasons to compare plans include:

• Benefit periods on a plan, usually discounted rates, tend to last 12 months.
• Your provider could move you to a default offer if you don't negotiate a new plan before the existing one expires. Default offers are usually more expensive.
• You're moving house. A new location might mean your current provider may not offer the best prices in the area.
• Your provider has alerted you of a price hike.

Can everyone switch energy providers?

If only the energy market in Australia wasn't so convoluted. But here we are.

Most people living in the following states will be able to switch energy providers as long as they don't live at a property within an embedded network:

• New South Wales
• The Australian Capital Territory
• Victoria
• South East Queensland
• South Australia
• Tasmania (electricity only, but a small pool of providers to choose from)
• Western Australia (gas only)

Electricity prices in the Northern Territory and regional Queensland are regulated so while they're both open to competition, the choice of providers is almost non-existent.

The government fully regulates power in WA so who you're with will depend on your location.

Which energy providers do we compare?

Finder compares some of the most popular energy retailers across the different states and territories. You might want to scroll past if you're in a state or territory where you can't switch providers.

Electricity providers in Australia

Gas providers in Australia

As you can see from the two lists, there are a bunch of retailers that offer both electricity and gas plans. These are called dual fuel providers. However, you will be billed separately so the idea of going with the same provider for convenience is a little bit stretched.

Besides that, it's always best to compare electricity and gas plans separately since you might get the cheapest rates for both fuel types from different providers.

How much does energy cost in Australia?

This is a great question given our research has found energy bills to be the third most stressful household expense for Australians. Especially following back-to-back electricity price hikes in 2022 and 2023.

Depending on which state you're in, electricity bills can range from around $245 to $443 per quarter and gas bills can vary between $145 to $230 a quarter.

Luckily for you, we track the average electricity and gas bill across Australia each month. You can keep it bookmarked to see if you're overpaying at any given point.

How do energy prices work?

A common theme between both electricity and gas plans is your initial breakdown of charges. Before we dive into that further, go get your latest electricity and gas bills so we can go through the details together.

Supply charges vs usage charges

Supply charges: This is the daily cost you pay to have electricity and gas supplied to your property. The fixed cost is set by the energy distributor servicing your area.

Usage charges: This is the cost paid for how much energy you use. The higher your usage, the more you'll end up paying. It'll show up on your energy bill as cents per kWh such as 23c/kWh or some providers might express the rate as $0.23/kWh.

Electricity tariffs

Usage charges for electricity can vary depending on the type of electricity tariff you're on.

Single rate or flat rate tariff: The usage charge will stay the same regardless of what time or day you use electricity.

Time of Use tariff: The usage charges will vary between peak and off-peak hours. Some electricity plans will also have a separate rate for the shoulder period, which falls between peak and off-peak hours. And lastly, usage rates can vary between weekdays and weekends as well as seasons. You need a smart meter or time of use meter to get on this tariff type.

Controlled load tariff: Usage charges will only apply to certain appliances such as an electric hot water system, pool pump or underfloor heating. A separate meter is required to get on a controlled load tariff.

Demand tariff: On this tariff type you will pay the usual supply and usage charges plus a demand charge. In a nutshell, demand is a measure of how much electricity you use at a point in time (normally peak hours), like when you have multiple appliances running at the same time. Your demand charge will be calculated based on the highest amount of energy you've used at one time and can vary month-to-month and with seasons. A smart meter is required to get on a demand tariff.

We know electricity tariffs can get confusing. So if you're still scratching your head, go deep dive into our whole separate guide on tariffs. It'll seem nerdy but your bank balance will thank you later.

Renewable energy

Australia is in the midst of a renewable energy transition with goals to reach net-zero carbon emissions by 2050. Critics believe this is coming at a cost to Australians but we'll avoid getting into the politics of it all.

If you're worried about your own carbon footprint or want some info on solar, keep reading.

Carbon neutral plans and GreenPower

It's easy to confuse the two but they're vastly different.

• Carbon neutral plans: Your energy provider will offset the carbon emissions that result from your electricity or gas usage.Some electricity plans will mention they're 100% carbon neutral, others offer it as a feature for a small fee.

• GreenPower: Your electricity retailer can't exactly feed in renewable energy straight from the generator to your home. This is where GreenPower comes in. It's a government-managed program that allows energy retailers to purchase renewable energy based on your usage, anywhere between 10% to 100% (or in increments set by your retailer). The program aims to increase the amount of renewable energy in the grid.

Something to consider when comparing energy is that not every provider will offer a GreenPower add-on or a carbon neutral plan.

Rooftop solar

As of April 2024, rooftop solar accounts for 11.2% of Australia's electricity supply and continues to grow at a rapid rate. In fact, many Aussies are turning to solar due to the soaring cost of energy or to support clean energy (or both).

Wondering if solar will be a good return on investment? You can use our solar payback calculator to find out.

Most importantly though, seek out advice from certified professionals and also friends and family who have been through the process. Doing everything on your own will seem daunting, plus it's plenty of money so you want to take steps to avoid dodgy solar installations.

Solar plans

Already a proud member of the solar community?

We know feed-in tariffs have gone soft in the last few years but that doesn't mean it's not worth comparing the best feed-in tariffs available from different providers.

In the guide we've just linked, we also talk you through tips on finding the right solar electricity plan for your household. We discuss whether it's better to opt for a higher feed-in tariff rate at the cost of a more expensive usage charge.

Rebates and concessions for energy

Energy rebates and concessions, available through either the state or federal government, can give you some much-needed support.

They usually cater to low-income households, people with different medical needs such as those on energy-intensive life-support machines, pensioners, seniors and more.

The easiest way to check whether you're eligible for a rebate or concession is to call your energy provider. Or, as an initial first step, head you can visit your state's energy website to see what's available.

$300 national energy bill relief

Every household in Australia has been eligible for $300 in energy bill relief as of 1 July via the federal budget.

The first three $75 instalments should have been directly credited to your account, meaning there's no paperwork to worry about. If, for whatever reason, you haven't seen a rebate come through, contact your provider ASAP.

Frequently asked questions

• Who has the cheapest electricity rates?

  Providers offering the cheapest electricity rates can vary month-to-month.

  Luckily, we have a guide outlining the cheapest energy plans for your state or territory, which we keep updated by tracking price movements. It's a good starting point to set you up for future savings.

• What is the average energy bill in Australia?

  The average quarterly electricity bill in Australia is $374 and the average quarterly gas bill is $209, as per our Consumer Sentiment Tracker.

  We also track the average energy bill by state if that's more useful.

• What is a default market offer?

  This is the maximum amount energy retailers can charge customers on a default or standing offer electricity contract. It's a safety net for households and small businesses in NSW, SA, South East Queensland, VIC, the ACT and TAS that don't actively compare energy plans.

  Ideally, you want to be on a competitive market offer to maximise your savings. When you compare plans on Finder, you'll notice that the annual estimate will show you the difference from the reference price (NSW, QLD, SA, the ACT, TAS). It's known as the Victorian Default Offer (VDO) in Victoria.

  For example, the annual estimate will be shown as being 22% lower than the reference price or VDO. The higher the percentage figure, the better.

  Default offers by energy regulators are reset annually on 1 July.

• Is it hard to switch energy providers?

  Contrary to popular belief, switching energy providers is super easy. The slightly tedious job comes when you're trying to understand your energy bill to then compare plans.

  Once you've done that and selected a provider and plan to switch to, the rest is a piece of cake. The provider will handle everything in the backend.

• How do I read my energy bill?

  We have a guide dedicated to helping you read your energy bill.

  Also, a handy tip to know is thanks to the Better Bill Guidelines, energy providers are obligated to make it easier for you to understand your energy bill. For example:

  • They'll need to inform you if they have a cheaper plan than what you're currently on at least once every 100 days.
  • They must use plain language in their bills.
  • The most important information must appear on the first page of a bill.

• What is the least costly energy plan?

  Fixed-rate contracts and off-peak plans are commonly the least expensive energy solutions, but it really depends when you live and what the current offers are in the market.

To make sure you get accurate and helpful information, this guide has been edited by Tim Bennett as part of our fact-checking process.

Written by

Mariam Gabaji

Senior Utilities Editor & Tech Expert

Mariam Gabaji is a journalist with 13 years of experience, specialising in consumer topics like mobile services and energy costs. Her work appears in the ABC, Yahoo Finance, 9News, The Guardian, SBS, 7News, A Current Affair and Money Magazine. Mariam holds a Bachelor of Arts in Journalism and was a finalist for the 2024 IT Journalism Award for Best Telecommunications Journalist. See full bio

Mariam's expertise

Mariam has written 339 Finder guides across topics including:

• Energy
• Mobile
• Broadband
• Consumer tech