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Compare electricity plans in your state

Electricity prices are going up across the board. Compare and switch electricity plans to get on a better deal and soften the blow.

Updated

Dec 1, 2023

Fact checked

1 - 10 of 273

Name	Plan features	Reference price	Estimated cost
OVO Energy - The One Plan Energy Fact Sheet \| (OVO514540MR@VEC) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Fixed rates FiT from 7c/kWh	Reference price 26% less than Victorian Default Offer	Estimated cost/year $1,330/year (avg. 11 kWh/day) incl. $100 guaranteed discount	Go to site View details Compare	loading Fetching your data...
1st Energy - 1st Saver Online Energy Fact Sheet \| (1ST507710MR@VEC) Single rate tariffFeed in tariff available	No credit card fees No disconnection fee Rates are not fixed FiT from 4.9c/kWh	Reference price 26% less than Victorian Default Offer	Estimated cost/year $1,330/year (avg. 11 kWh/day)	Go to site View details Compare	loading Fetching your data...
1st Energy - 1st Saver Online Energy Fact Sheet \| (1ST507712MR@VEC) Single rate tariffFeed in tariff available	No credit card fees No disconnection fee Rates are not fixed FiT from 4.9c/kWh	Reference price 26% less than Victorian Default Offer	Estimated cost/year $1,230/year (avg. 11 kWh/day)	Go to site View details Compare	loading Fetching your data...
1st Energy - 1st Saver Online Energy Fact Sheet \| (1ST507711MR@VEC) Single rate tariffFeed in tariff available	No credit card fees No disconnection fee Rates are not fixed FiT from 4.9c/kWh	Reference price 26% less than Victorian Default Offer	Estimated cost/year $1,500/year (avg. 11 kWh/day)	Go to site View details Compare	loading Fetching your data...
1st Energy - 1st Saver Online Energy Fact Sheet \| (1ST507708MR@VEC) Single rate tariffFeed in tariff available	No credit card fees No disconnection fee Rates are not fixed FiT from 4.9c/kWh	Reference price 26% less than Victorian Default Offer	Estimated cost/year $1,270/year (avg. 11 kWh/day)	Go to site View details Compare	loading Fetching your data...
OVO Energy - The One Plan Energy Fact Sheet \| (OVO514538MR@VEC) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Fixed rates FiT from 7c/kWh	Reference price 25% less than Victorian Default Offer	Estimated cost/year $1,280/year (avg. 11 kWh/day) incl. $100 guaranteed discount	Go to site View details Compare	loading Fetching your data...
OVO Energy - The One Plan Energy Fact Sheet \| (OVO514542MR@VEC) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Fixed rates FiT from 7c/kWh	Reference price 25% less than Victorian Default Offer	Estimated cost/year $1,240/year (avg. 11 kWh/day) incl. $100 guaranteed discount	Go to site View details Compare	loading Fetching your data...
OVO Energy - The One Plan Energy Fact Sheet \| (OVO514544MR@VEC) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Fixed rates FiT from 7c/kWh	Reference price 24% less than Victorian Default Offer	Estimated cost/year $1,540/year (avg. 11 kWh/day) incl. $100 guaranteed discount	Go to site View details Compare	loading Fetching your data...
OVO Energy - The One Plan Energy Fact Sheet \| (OVO514546MR@VEC) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Fixed rates FiT from 7c/kWh	Reference price 24% less than Victorian Default Offer	Estimated cost/year $1,200/year (avg. 11 kWh/day) incl. $100 guaranteed discount	Go to site View details Compare	loading Fetching your data...
Red Energy - Living Energy Saver Basic Plan Information \| (RED552185MRE4@EME) Single rate tariffFeed in tariff available	No credit card fees Disconnection fees Rates are not fixed FiT from 6c/kWh	Reference price 23% less than reference price	Estimated cost/year $1,660/year (avg. 16.7 kWh/day)	Go to site View details Compare	loading Fetching your data...

Showing 10 of 273 results

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Read about electricity in your state and compare your options

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We compare electricity plans from providers including:

Why compare energy plans with Finder?

We don't charge extra. Prices shown on Finder are the same as those you get directly from energy providers.
We update our plans from providers daily so you can make an informed decision.
We've helped over 1.39 million people compare energy plans in the last 3 years.

Compare energy plans

How do I compare electricity plans?

This is even more important with the continuing electricity price hikes, with the next one happening on 1 July 2023.Shopping around for a better electricity plan can help you lock in the biggest savings. You should ideally be comparing plans every 6 to 12 months to see if there's a better deal available.

Compare usage rates

Don't just look at the discounts being offered by a provider. Compare both usage rates (cents per kWh) and daily supply charges. Our average cost of electricity page can guide you here. Just keep your last bill handy.

Understand the reference price or default offer

The reference price applies to households in NSW, SA, southeast QLD and the ACT. In VIC it's known as the Victorian Default Offer. Some other terminology you'll see floating around is benchmark pricing or default offer. This is set each year on 1 July by energy regulators. It's in place to help you compare plans. You always want to get a plan that's below the reference price.

Look out for additional costs

You should also compare extra costs by electricity retailers such as credit card fees, move-in fees and disconnection charges. One retailer may charge you around $13 for disconnecting you, another could charge you $44.

Understand your household's energy consumption

Knowing how much electricity you use and when you use it can aid you to pick a tariff type that can help you minimise your costs. For example, if you're home during off peak hours and happy to run your power hungry appliances then such as a clothes dryer, a time of use tariff can help you with a lower usage rate for this period. Read our guide to energy tariffs to see how you could save by switching to a different one.

Look at average electricity bills for your state

Use our guide to average energy bills by state to see if you're paying more or less than the average. If you're paying well above this, it might be time to compare, switch and save.

How do electricity discounts work?

There are three main types of discounts:

Guaranteed discounts. These are discounts which you don't have to do anything special to get. However, they'll usually only apply for a certain period of time after signing up with the retailer, so they aren't a forever solution to your power costs.
Conditional discounts/credits. These are, as stated in the name, conditional. That means you will only receive the benefit so long as you meet the conditions, which might not be practical or possible all the time for you or your household. It's better to look for guaranteed discounts that you'll receive no matter what.
Incentives. Incentives are designed to lure you into switching from your current energy provider to another one. They usually take the form of perks (like movie tickets or Qantas Points) and sign-up credits. Since these are one-off things, you're better off choosing the energy plan that will better suit your needs in the long run, though we discuss some of the better incentives available below.

Latest energy discounts for December 2023

DEAL

Get up to $150 sign on credit

DEAL

Save up to $100 when switching

DEAL

Get up to $100 in welcome credits

DEAL

Save up to $100 with online member plans

We're reader-supported and may be paid when you visit links to partner sites. We don't compare all products in the market, but we're working on it!

Why is my electricity bill getting so expensive?

Besides inflation, the main driver of rising prices is wholesale energy costs that makeup a third or a half of our electricity bill.

This is impacting households and small businesses in NSW, VIC, SA, QLD and TAS with prices going up by 9.5% to 25% - VIC's the hardest hit and TAS is least impacted.

Besides this, a few reasons your bills could be more expensive are:

Since heating and cooling already make up about 40% of your bill, more time at home means more temperature control. This is a common culprit for inflated power bills, and you can find more about how to minimise costs in our heating and cooling guides.
You're using energy inefficient appliances that are power guzzlers and can add hundreds of dollars to your bill.
The discounts on your electricity plan have expired. Many electricity plans will give you a fixed discount for the first 12 months or so. Once that period has expired, the prices will rise again leading to a sudden spike in your energy bill. Comparing your electricity plan and finding one with better rates will go a long way to lowering it again.

How do I understand the jargon on my electricity bill?

Reading your electricity bill can be daunting if you don't know what any of it means. Check our glossary so you can understand what the jargon means.

Pricing features

Feature	What it is
Supply rate	A supply rate is the amount you are charged per day, regardless of usage.
Usage rate	A usage rate is the amount you are charged for energy use.
Prepaid packs	Prepaid packs let you pay for energy ahead of time, based on how much energy you expect to use.
Wholesale rates e.g. Amber	Purchase energy at the same rate retailers have access to, updated every 30 minutes. Usually involves a membership fee.
Fixed rates	Usage and supply rates are set to a single value for the duration of the benefit period.
Variable rates	Usage and supply rates can change at short notice, raising or, occasionally, lowering.

Contract features

Feature	What it is
Exit fee	The amount you pay if you leave a fixed-term contract before it expires.
Disconnection and connection fees when you move	Fees charged to have your gas and power connected or disconnected when you move to or from a property.
Disconnection and reconnection fees for non payment	If you fail to pay your energy bills, your retailer might disconnect your house and charge you an extra fee to reconnect it later.

Discounts and incentives

Feature	What it is
Guaranteed Discount	This is a discount on your usage and/or supply rates that applies no matter what for a set period.
Pay On Time Discount	A discount that applies to your whole bill so long as you're never late with payments.
Incentives	These are bonus features offered to customers. They could be rewards, extras, frequent flyer points, etc.
Bonus Signup Credits	Extra bill credit offered to new customers signing up to the plan.

Tariff types

Feature	What it is
Time of use	Usage costs depend on when you use your energy, split up into peak, off-peak, and sometimes shoulder periods.
Single rate tariffs	All energy use is billed at the same usage rate, regardless of time of use.

Solar features

Feature	What it is
Feed-in tariff	The rate paid for excess solar energy fed back into the grid. Certain plans will include this feature.
Solar rebate	This a refund that you might be eligible to receive from the government for your solar panels.

Green features

Feature	What it is
GreenPower	An optional extra where a certain percentage of your energy is guaranteed to come from renewable sources.
GreenAward	Rates retailers on a number of criteria, including environmental performance, support for clean tech, GreenPower options, and more.

Customer service features

Feature	What it is
Customer service rating	A composite score from Finder taking into account call centre hours, ease of access, financial hardship support, and more.
Call centre hours/weekend hours	What time of day you can get in touch with the call centre and receive help.
Financial hardship program	Programs in place for people who can't afford to pay their bills or are having cash-flow issues.
Online chat	Availability of online chat services for real-time assistance.
Usage management app	Apps for tracking your power usage and keeping an eye on solar production.

Why you can trust Finder's energy experts

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We've reviewed hundreds of energy plans and written 200+ guides to help you navigate the Aussie energy market. Our experts are seen on TV, print and digital media.

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Frequently asked questions

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Mariam Gabaji

Mariam Gabaji is an editor and tech and utilities expert at Finder with over 11+ years of experience in print and digital media. Her main goal is to help households cut through the industry jargon and save money on their household bills. Her expertise is often featured in media including the ABC, Yahoo Finance, 9News, 7News, A Current Affair, The Guardian, SBS and Money Magazine.

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Compare electricity plans in your state