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Compare electricity plans and prices in Melbourne and Victoria

Use Energy Finder™ to look for a cheaper electricity plan in Victoria. It pays to shop around every 6-12 months.

Electricity providers we compare in Melbourne and Victoria

  • origin energy logo
  • agl energy logo
  • energy australia logo
  • powershop logo
  • alinta energy
  • red energy
  • dodo energy
  • simply energy logo
  • energy locals logo
  • globird logo
  • nectr logo
  • kogan energy logo
  • covau logo
  • sumo energy
  • 1st energy
  • amber energy
  • tango energy
  • OVO energy
  • momentum energy
  • diamond energy
  • pacific blue energy
  • origin energy logo
  • origin energy logo
  • origin energy logo

How to compare electricity providers in VIC?

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Victorian Default Offer

Each electricity plan that you compare will state how much lower or higher it is to the Victorian Default Offer (VDO). This is the benchmark pricing set by the state's energy regulator to help households compare electricity plans. You should always aim to sign up for a plan that is lower than the VDO. The difference will be shown as a percentage.

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Usage rate and supply charge

Besides comparing annual estimates between plans and their difference from the VDO, you can also get into the plan details to compare usage rates and supply charges. A usage rate is applied to every kWh of electricity you use. A supply charge is what you will pay daily for being connected to the energy grid.

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Features and extra costs

When comparing plans, it can be beneficial to consider factors beyond the yearly estimate. Keep an eye out for sign-up incentives like discounts and rewards points, as well as features like a mobile app for monitoring energy usage. Make sure to read the terms and conditions, specifically for extra costs such as credit card fees or penalties for late payments.

electricity rebates icon

Rebates and concessions

Utilising rebates and concessions is a great way to reduce electricity expenses. These are primarily available to low-income households, pensioners, and individuals with medical requirements though exceptions may apply. Our guide highlights available rebates in NSW. Alternatively, you can contact your energy provider to determine your options and eligibility.

Compare electricity plans in Melbourne and Victoria

The annual estimated electricity prices are based on a residential customer on the Jemena network who consumes 4000kWh yearly on a single rate tariff. Your actual bill may vary depending on your consumption.
1 - 15 of 81
Name Plan features Reference price Typical annual cost
Tango Energy - eSelect
Energy Fact Sheet | (TAN525421MR@VEC)
Single rate tariffFeed in tariff available
Reference price
26% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,270/year
Go to siteView details
Kogan Energy - with free FIRST
Energy Fact Sheet | (PO2529708MR@VEC)
Single rate tariffFeed in tariff available
Reference price
23% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,330/year
Go to siteView details
Kogan Energy - for current FIRST members
Energy Fact Sheet | (PO2529718MR@VEC)
Single rate tariffFeed in tariff available
Reference price
23% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,330/year
Go to siteView details
Alinta - BetterDeal
(ALI513620MR@VEC)
Single rate tariffFeed in tariff available
Reference price
21% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,350/year
Go to siteView details
AGL - Residential Seniors Saver
Energy Fact Sheet | (AGD520621MR@VEC)
Single rate tariffFeed in tariff available
Reference price
21% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,360/year
Go to siteView details
Lumo Energy - Lumo Basic
Energy Fact Sheet | (LU2500070MR@VEC)
Single rate tariffFeed in tariff available
Reference price
21% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,360/year
Go to siteView details
AGL - Residential Value Saver
Energy Fact Sheet | (AGD520629MR@VEC)
Single rate tariffFeed in tariff available
Reference price
21% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,360/year
Go to siteView details
AGL - Residential Netflix Plan
Energy Fact Sheet | (AGD520597MR@VEC)
Single rate tariffFeed in tariff available
Reference price
20% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,380/year
Go to siteView details
Red Energy - Living Energy Saver
Energy Fact Sheet | (RED530306MR@VEC)
Single rate tariffFeed in tariff available
Reference price
17% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,420/year
Go to siteView details
Energy Locals - Online Member
Energy Fact Sheet | (ENE514061MR@VEC)
Green CompanySingle rate tariffFeed in tariff available
Reference price
14% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,470/year
$155.88 membership fee included
Go to siteView details
Lumo Energy - Lumo Plus
Energy Fact Sheet | (LU2500085MR@VEC)
Single rate tariffFeed in tariff available
Reference price
13% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,490/year
Go to siteView details
1st Energy - 1st Saver
Energy Fact Sheet | (1ST479403MR@VEC)
Single rate tariffFeed in tariff available
Reference price
12% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,520/year
Go to siteView details
Simply Energy - Simply Blue Perks
Energy Fact Sheet | (SIM497954MR@VEC)
Single rate tariffFeed in tariff available
Reference price
12% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,520/year
Go to siteView details
Simply Energy - Simply Energy Saver
Energy Fact Sheet | (SIM497924MR@VEC)
Single rate tariffFeed in tariff available
Reference price
11% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,530/year
Go to siteView details
Dodo - Residential Market
Energy Fact Sheet | (DOD512282MR@VEC)
Single rate tariffFeed in tariff available
Reference price
11% less than
Victorian Default Offer
Estimated cost/year (typical usage)
$1,530/year
Go to siteView details
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Showing 15 of 24 results

Live in Victoria and been affected by the recent power outages? Eligible residents and businesses may be able to receive over $2,000 in compensation.

$250 energy rebate in Victoria: Is it still available?

Unfortunately, the Victorian government closed the $250 Power Saving Bonus Scheme in the second half of 2023. It had 2 successful rounds before coming to an end.

Cheapest electricity providers in Melbourne and Victoria

The annual estimated electricity prices are based on a residential customer on the Jemena network who consumes 4000kWh yearly on a single rate tariff. Your actual bill may vary depending on your consumption.

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This month, our top pick for the best electricity provider in VIC goes to CovaU Energy given its Super Saver Residential Single plan knocks it out of the park for cheap pricing. You can access CovaU Rewards for discounts and special offers from 4,500+ retailers.

The 3 best electricity deals available in VIC

Store Discount

$75 sign-up credit on selected plans + free Netflix

New customers can get $75 online sign-up credit when they switch to AGL for electricity. Selecting the AGL Netflix Plan will also give you a free Netflix Standard subscription (with ads).

Last verified

$150 sign-up credit

New Powershop customers can get $150 off their first electricity bill with this offer.

Last verified

Up to $200 sign-up credit

Get up to $200 welcome credit in NSW, VIC, QLD, and SA on selected plans on your first electricity bill. T&Cs apply.

Last verified

Richard Whitten

I stuck with the same energy provider for 3 years before I realised how much my loyalty (OK, laziness) was costing me. I was no longer on the cheapest plan and my electricity bill was huge. I compared plans by looking at my bill closely and finding a provider with lower hourly charges. Switching was really easy and basically just involved signing up and making an account. And now my bills are much smaller.
— Richard Whitten, money editor

Looking for solar or want to bundle gas with electricity?

Electricity plans specifically designed for households with solar panels installed can offer higher feed-in tariffs. And sometimes, bundling for utilities can result in discounts and other perks.

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Frequently asked questions

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