Electricity and gas plans in Victoria

Compare your options in Victoria and find out if you could save money by switching plans.

Last updated:

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Quick facts about energy providers in Victoria

  • The energy market in Victoria is fully open to retail competition.
  • Victorian residents can choose between more than 25 electricity providers and 15 gas providers.
  • Energy retailers in Victoria offer a wide range of solar solutions.

Compare electricity (and gas) providers in Victoria

Name Product Electricity availability Gas availability Billing Green rating Details More details
AGL
AGL
NSW
VIC
QLD
SA
NSW
VIC
QLD
SA
WA
Monthly billing
Credit card fees

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Credit card fees
Go to site
More info
Energy Australia
NSW
VIC
QLD
SA
ACT
NSW
VIC
SA
ACT
Monthly billing
Credit card fees

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Credit card fees
Enquire now
More info
Click Energy
NSW
VIC
QLD
SA
NSW
VIC
Monthly billing
Credit card fees

Green Electricity Guide rating

Green Electricity Guide rating

Green options

Solar

Billing

Monthly billing
Credit card fees
Go to site
More info
Sumo
NSW
VIC
Monthly billing
Credit card fees

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Credit card fees
Go to site
More info
Powershop
NSW
VIC
QLD
SA
VIC
Monthly billing

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Enquire now
More info
Origin
NSW
VIC
QLD
SA
ACT
NSW
VIC
QLD
SA
ACT
WA
Monthly billing
Credit card fees

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Credit card fees
Enquire now
More info
Energy Locals
NSW
VIC
QLD
SA
ACT
Monthly billing

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Go to site
More info
Simply Energy
NSW
VIC
QLD
SA
NSW
VIC
SA
WA
Monthly billing
Credit card fees

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Credit card fees
Enquire now
More info
Alinta
NSW
VIC
QLD
SA
NSW
VIC
SA
WA
Monthly billing

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Enquire now
More info
1st Energy
NSW
VIC
QLD
TAS
Monthly billing

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Enquire now
More info
Power Direct
NSW
VIC
QLD
SA
ACT
Monthly billing
Credit card fees

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Credit card fees
Enquire now
More info
Dodo
NSW
VIC
QLD
SA
NSW
VIC
Monthly billing
Credit card fees

Green Electricity Guide rating

Green Electricity Guide rating

Green options

GreenPower
Solar

Billing

Monthly billing
Credit card fees
Enquire now
More info

Compare up to 4 providers

What are the 20 cheapest electricity plans in VIC?

Although the cheapest plans may vary based on the type of tariff, your location, your household and your usage, you can get a general idea of who is the cheapest using this table.

The following price estimates are a general guide only. Estimated prices are based on a residential customer in Melbourne, Victoria who consumes 4,000 kWh a year on a single rate tariff in the CitiPower network and we only show one plan per brand. Estimated prices include conditional discounts (if any). Any plans with special eligibility requirements are excluded. Prices last checked on December 2019 and are subject to change. Always check the providers site before applying.

BrandPlan nameDifference from reference priceConditional discount?Estimated price (per 91 days)Estimated price (Annual)
GloBird EnergyEasySave Flat Rate (C1RB without Controlled Load) - CitiPower19% lessN/A$271.59$1,086.00
CovaUSmart Saver Residential CitiPower Demand Tariff CR13% less (without conditional discount)Further 4% off VDO when you pay by Direct Debit.$272.79$1,091.00
Elysian EnergyResi Market Simple Plan (VCP) - (Single Rate)18% lessN/A$273.40$1,094.00
PowerdirectPowerdirect Residential Rate Saver17% lessN/A$276.30$1,105.00
AGLResidential Essentials Saver17% lessN/A$276.31$1,105.00
Momentum EnergySelf Serve Electricity_CRB16% lessN/A$278.76$1,115.00
Origin EnergyOrigin Max Saver (Single Rate)5% less (without conditional discount)Further 5% off VDO if you always pay on time. 5% off VDO when you pay by Direct Debit.$283.14$1,133.00
Dodo Power & GasResidential Market - Single Rate13% lessN/A$290.09$1,160.00
EnergyAustraliaTotal Plan Home - Peak Only6% less (without conditional discount)Further 6% off VDO if you always pay on time.$293.13$1,173.00
PowershopPowershopLITE10% lessN/A$299.00$1,196.00
Lumo EnergyLumo Value10% less (without conditional discount)Further 3% off VDO if you always pay on time.$291.69$1,203.00
Red EnergyLiving Energy Saver8% more (without conditional discount)Further 10% off VDO if you always pay on time.$323.12$1,203.00
Tango EnergyVIC Home Select9% lessN/A$304.80$1,219.00
1st Energy1st Saver, Residential - AnytimeEqual to reference price (without conditional discount)Further 10% off VDO if you always pay on time.$299.61$1,239.00
DC Power CoMarket Offer5% moreN/A$350.88$1,272.00
SumoSumo SelectEqual to reference price (without conditional discount)Further 4% off VDO if you always pay on time.$318.56$1,274.00
Click EnergyClick Banksia Plus - Peak Only3% lessN/A$323.09$1,292.00
amaysimamaysim electricity classic saver - Peak Only1% lessN/A$329.80$1,319.00
Simply EnergyVIC Simply Standing OfferEqual to reference priceN/A$333.00$1,332.00
Alinta EnergySports Pack Electricity PlanEqual to reference priceN/A$333.00$1,332.00
BlueNRGBlue VDO GD (General Usage)Equal to reference priceN/A$333.00$1,332.00

Is electricity expensive in Victoria?

...a household could be charged around $1,320 annually on average.

When it comes to the average rate you are charged for using electricity, Victoria is one of the more expensive states, with the average rate being $0.33 per kilowatt hour (kWh).

What does this mean?

Standard household usage in Victoria is around 4,000 kWh over a year. This means a household could be charged around $1,320 annually [$0.33 x 4000] on average.

Note: This example is a general guide and doesn't include fixed daily supply charges and other fees. Household usage has been taken from Electrical Services Commission website and is based on a 'medium' usage household in the Citipower network.

How do I get the best electricity deal in Victoria? 3 steps to follow.

A competitive energy market in Victoria means more choices for consumers.

1. Understand these terms

The first thing you should make sure you understand is the following terms:

2. Review your personal needs

A competitive energy market in Victoria means more choices for consumers. Many providers offer discounts, special offers or unique plans to suit a wide range of customers β€” which is why you should consider your personal needs when comparing.

Personal needs questions
  • What time of day do you use the most electricity and gas?
  • Do you prefer flexibility when it comes to payment options or would you rather a discount for paying via direct debit?
  • Do you want a flat, simple fee structure with fixed payments or the flexibility to monitor your energy usage and pay for exactly what you use?

Knowing the answer to these questions will make it easier for you to compare plans.

3. Compare plan features

Now you're ready to compare plan features. Here's what you should look out for:

FeatureDetails
Tariff typesSome plans charge you a single rate tariff (one rate based on use), whilst others charge you a time of use tariff (different rates based on your time of use).
DiscountsIn a free energy market, electricity and gas providers offer all sorts of discounts and energy plans tailored to specific types of consumers, and many offer discounts for new customers. Keep in mind, plans with introductory discounts may have higher charges later on. Look for energy plans that extend discounts to customers beyond the early stages of a contract. Some plans include discounts for paying on time or signing long-term contracts and many providers offer discounts if you bundle gas and electricity plans together.
Termination feesSome energy providers charge a fee when you terminate a contract before the end period. Early termination fees generally range from $40 to $100 and are specified in your contract. If you don't want to pay early termination fees, look for a no-lock-in contract that allows you to switch providers freely without incurring a penalty.
Payment optionsCheck if a provider lets you pay your bills in a variety of ways. If you're worried about paying bills on time, flexible options can help. Some providers let you purchase energy in advance, which can help limit bill shock.
Digital energy toolsMany providers in Victoria offer a variety of apps and online tools that let consumers measure their energy consumption. Knowing more about your energy usage patterns can help you make better energy decisions in the future.

How to compare electricity

Which energy brands operate in Victoria?

Residents of Victoria can choose from the following energy retailers:

Provider⚑ Electricity♨️ Gasβ˜€οΈ Solar
1st Energyβœ…βŒβœ…
AGLβœ…βœ…βœ…
Alintaβœ…βœ…βœ…
amaysimβœ…βœ…βœ…
Elysian Energyβœ…βŒβœ…
Click Energyβœ…βœ…βœ…
Commanderβœ…βŒβŒ
CovaUβœ…βœ…βœ…
DC Power Coβœ…βœ…βœ…
Diamond Energyβœ…βŒβœ…
Dodoβœ…βœ…βœ…
EnergyAustraliaβœ…βœ…βœ…
GloBird Energyβœ…βœ…βœ…
Lumo Energyβœ…βœ…βœ…
Mojo Powerβœ…βŒβœ…
Momentum Energyβœ…βœ…βœ…
Origin Energyβœ…βœ…βœ…
People Energyβœ…βŒβœ…
Powerdirectβœ…βŒβœ…
Powerclubβœ…βŒβœ…
Powershopβœ…βœ…βœ…
QEnergyβœ…βŒβŒ
Red Energyβœ…βœ…βœ…
Simply Energyβœ…βœ…βœ…
Sumoβœ…βœ…βœ…
Tango Energyβœ…βŒβœ…
Tas GasβŒβœ…βŒ

Business owners can also sign up for plans with Next Business Energy, Blue NRG and ERM Business Energy.

How does the Victorian energy market work?

The Victorian energy market is one of the most competitive in Australia, with a large number of gas and electricity providers operating across the state. Regardless of what provider you choose, there is a distributor which is responsible for the supply of your power. Your distributor depends on your location.

There are five electricity distributors in Victoria, each servicing a specific region:

DistributorDetails
CitiPowerIn Melbourne City and the inner suburbs.
JemenaIn the northern and south-western suburbs of Melbourne.
Powercor Australia In the western suburbs of Melbourne and western Victoria.
AusNet Services Across the outer northern and eastern Melbourne suburbs, as well as eastern Victoria.
United Energy Distribution In the southern suburbs of Melbourne and the Mornington Peninsula.

There are also three gas distributors in Victoria:

DistributorDetails
Australian Gas Network In Melbourne and the Mornington Peninsula, as well as parts of northern, eastern and southern Victoria.
Multinet Gas In the inner and outer eastern suburbs of Melbourne.
AusNet ServicesIn the outer northern and eastern suburbs of Melbourne, as well as eastern Victoria.

Energy rebates and concessions in Victoria

Residents of Victoria have access to the following energy discounts:

  • Annual Electricity Concession
  • Life Support Concession
  • Medical Cooling Concession
  • Service to Property Charge Concession
  • Excess Electricity Concession
  • Controlled Load Electricity Concession
  • Electricity Transfer Fee Waiver
  • Energy Supplement
  • Winter Gas Concession
  • Excess Gas Concession
  • Non-Mains Energy Concession

Check if you're eligible for any rebates or concessions in Victoria and learn how to apply

Tariff types in VIC

There are seven main tariff options to choose from when comparing energy providers in Victoria.

  • Single rate tariffs. A single rate tariff in Victoria charges you the same rate regardless of what time in the day you use your power. It's the most basic tariff option but if you use the most amount of electricity during peak periods, such as weeknights, it might be the most affordable option for you.
  • Block rate tariffs. Block rate tariffs charge you for your power usage in two block rates. Basically, you are charged a specific rate for the first portion of electricity you use. When you max that out, you then go onto another block rate, which is usually slightly more money.
  • Flexible pricing tariff. With a flexible pricing tariff, you'll pay different electricity rates depending on the time of day you use power. They are split into three rates: peak (3pm - 9pm weekdays), off-peak (10pm - 7am weekdays and weekends), and shoulder (all other times). You will need a remotely-read smart meter and will be charged higher rates during peak demand for electricity, and a lower rate during low demand periods.
  • Time of use tariffs. Similar to flexible pricing, the time of use tariff charges you different rates depending on when you use electricity. Time of use tariffs don't have shoulder periods though and they have a larger peak window.
  • Controlled load (two-rate tariff). This is when you are charged a specific rate for certain appliances in your home during off-peak hours only. You might need a controlled load tariff for appliances that run during the night and at other off-peak periods (e.g., underfloor heating and electric hot water systems).
  • Demand tariffs. Demand tariffs require smart meters and charge you based on how much electricity you use at a point in time rather than how much electricity you use over time. In other words, if you were to run the washing machine and dishwasher at the same time, your electricity bill will be more because you have increased demand.
  • Solar feed-in tariffs. Victorians with solar panels can also receive a feed-in tariff (FiT) which gives you money back based on the energy your panels don't use and send back to the grid.

How can I switch providers?

Switching energy providers in Victoria is simple. For the most part, choose a new energy provider and contact the new provider to arrange the switch. There may be some fees and outstanding payments to take care of, so run through this checklist to make sure everything goes smoothly.

Checklist: 6 things to do when switching providers.

Frequently asked questions about energy in Victoria

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6 Responses

  1. Default Gravatar
    JohnApril 26, 2019

    How can I compare my power bill .I find it so confusing

    • Avatarfinder Customer Care
      JohnApril 26, 2019Staff

      Hi John & Cheryl,

      Thank you for reaching out to Finder.

      Not sure what you are asking about comparing your power bill. The page we are on offers different options on energy providers available to you. It list details on what services they could provide as well as the states where they are available. Clicking on the “More Info” button will lead you to the review page for that specific company for you to learn more on what service they provide. Hope this helps!

      Cheers,
      Reggie

  2. Default Gravatar
    LydiaAugust 15, 2017

    Which comparison site can I send my current bills for them to compare?

    • Default Gravatar
      LiezlAugust 15, 2017

      Hi Lydia,

      Thanks for your question.

      You may complete the form on this page with some details about your residential electricity and gas needs and you’ll be contacted by a consultant for an obligation-free discussion about your options. The consultant will work with you to compare a range of energy suppliers in your area.

      I hope this has helped.

      Cheers,
      Liezl

  3. Default Gravatar
    JudySeptember 24, 2016

    We have just installed 11 solar panels in Grovedale
    Are we able to claim a government rebate and how do we do this.

    • Avatarfinder Customer Care
      DeeOctober 13, 2016Staff

      Hi Judy,

      Thanks for your question.

      Generally, when homeowners invest in an eligible solar power system, the Federal Government issues STCs based upon the size of the energy efficient system and their location. The number of STCs you can receive depend on your location and which zone that falls into.

      To learn more about the processes involved in getting the STCs in your area, you can reach out to your local government agency that handles its issuance.

      Cheers,
      Anndy

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