Best and Cheapest Electricity Deals Queensland 2023

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Best Electricity Deals Queensland

Do you think you’re overpaying for electricity? Is your power bill high? You’re not alone. The energy crisis has devastated Australia and has led to a significant increase in wholesale electricity prices. What does this mean for you? It means you could be overpaying for energy without even knowing it. Call us now on 1300 232 848 as we can assess your energy bill and provide many free solutions in less than 15 minutes. The energy crisis has caused rates to increase across the market. We've listed Queensland’s best and cheapest energy plans (based on price).

Retailer % Below DMO* Price/year (Est.)
Globird QLD
Boost
 18% $1,608
Ampol Energy QLD
Powering On
 17% $1,624
Nectr QLD
Nectr 100% Clean
 13% $1,668
Dodo QLD
Residential Market Offer
 13% $1,706
Energy Locals QLD
Online Member
 11% $1,748
Sumo Energy QLD
Sumo Assure
 10% $1,771
Origin Energy QLD
Origin Go Variable
 10% $1,772
AGL QLD
AGL Value Saver
 10% $1,772
Simply Energy QLD
Simply Blue Perks
 5% $1,870
OVO Energy QLD
One Plan
 12% $1,968

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

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3 Cheapest Electricity Deals in QLD

Queensland has a number of unique retailers that offer more than just competitive rates. From conditional discounts to incentives, it’s easy to get lost in the sea of choices. This is why it’s important to do your due diligence when it comes to choosing the right provider. Remember, the cheapest electricity deal in Queensland doesn’t always mean you’re getting the best deal. You’re only looking at an estimate which could be higher or lower depending on your circumstances. If you’re in the market for a new provider, call us on Electricity Monster as we can do the comparison shopping for you and provide you with the best offer we have available from our partnered retailers.

Globird Energy - Boost - 1st Place

In 1st place, we have the Boost plan by GloBird Energy. According to the retailer, this plan is best for medium and large energy users. This plan also has monthly billing and a low usage rate.

Some features of this plan include:

  • Monthly billing
  • Low usage rate
  • Zero exit fees
Retailer % Below DMO* Price/year (Est.)
Globird QLD
Boost
 18% $1,608

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Ampol Energy - Powering On - 2nd Place

In 2nd place, we have the Powering On plan by Ampol Energy. This market offer includes fuel discounts if you're an Ampol Energy customers. This plan also includes zero exit fees and no lock-in contract.

Some features of this plan include:

  • Zero exit fees
  • No lock-in contract
  • Fuel discounts
Retailer % Below DMO* Price/year (Est.)
Ampol Energy QLD
Powering On
 17% $1,624

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Nectr Energy - 100% Clean - 3rd Place

In 3rd place, we have the 100% Clean plan by Nectr Energy. This variable rate plan is 100% carbon neutral and enrollees can expect zero exit fees, no lock-in contract, and competitive rates.

Some features of this plan include:

  • Zero exit fees
  • No lock-in contract
  • 100% Carbon Neutral
Retailer % Below DMO* Price/year (Est.)
Nectr QLD
Nectr 100% Clean
 13% $1,668

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Big 3 Electricity Plans QLD

Looking to compare plans by Origin Energy, Energy Australia, AGL? We’ve listed the 3 cheapest electricity plans offered by the ‘Big 3’ energy retailers below. To see if you can get a better deal, give us a call or click on the button below and one of our energy experts will assist you.

AGL - AGL Value Saver

The Value Saver Plan by AGL is a variable rate plan that has competitive rates. Customers can expect zero exit fees, no lock-in contracts 

Some features of this plan include: 

  • Variable rates
  • Zero exit fees
  • No lock-in contracts
Retailer % Below DMO* Price/year (Est.)
AGL QLD
AGL Value Saver
 5% $1,871

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Origin Energy - Go Variable

Origin’s Go Variable plan is Origin Energy's competitive offer that gives customers variable rates for the first 12 months

Some features of this plan include:

  • No lock-in contract
  • Zero exit fees
  • Variable rates for 12 months
Retailer % Below DMO* Price/year (Est.)
Origin Energy QLD
Origin Go Variable
 10% $1,772

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

Energy Australia - Flexi Plan

Energy Australia’s flagship offer the Flexi Plan is a variable rate plan that includes no exit fees or lock-in contract. When you opt into this plan, you get 100% carbon-neutral energy at no extra cost. A guaranteed discount off your total energy bill is available to certain states. 

Some features of this plan include:

  • No lock-in contract
  • Zero exit fees
  • Variable rates for electricity and gas
Retailer % Below DMO* Price/year (Est.)
Energy Australia QLD
Flexi Plan
 3% $1,910

*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.

How Do I Find the Cheapest Retailer in QLD?

It’s easy to settle with the cheapest rate on the market. But that doesn’t necessarily mean you’re paying less in the long run. There are certain terms to the plan that could end up leaving you paying more.

Comparing electricity providers in Queensland can help solidify who offers the best plan that is particular to your needs. It’s also important so you get acclimated with all of the available options in the market. If you’re looking to find the cheapest electricity deal, you’ll need to compare each retailer’s plans individually – which can be extremely time-consuming and stressful.

Phone us at Electricity Monster instead. In just 15 minutes or less, we can help you get connected to the best deal we have in our system. Our energy experts pride themselves on getting you a fair rate for a fair price so what are you waiting for? Call us now on 1300 232 848

How Do I Find the Best Electricity Deals Where I Live?

Depending on where you reside, it is wise to compare rates between each provider so you end up with a plan that best fits your personal or professional needs.

For example, if you’re a solar owner living in Brisbane, the best electricity deal could be a retailer that offers a higher solar feed-in tariff rate. Or, if you’re looking for unique incentives, a retailer that offers a rewards progra m could be right for you.

If you want to compare your options, give us a call at Electricity Monster today. With over 100,000 deals brokered, we can help you find a fair deal on you energy and gas.

Looking to Switch Retailers to Save Money?

If you’ve made it this far, you might be considering whether your’re overpaying on your current plan. You’ve read about all of our cheapest energy deals in QLD, so what should you do next?

It’s simple. The solution is to give us a call on 1300 232 848 today! We compare providers within our network to find you a fair deal at a fair price. Best of all, our service is 100% free to use. 

Now, you could just settle with your current provider, or you could see if there is a better rate available. Give Electricity Monster a call now and our energy experts will work with you to find the best deal available.

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Disclaimer

This publication reviews plans in QLD as of 01/09/2023.

Important Points to note are:

  • The plans displayed have been taken from the energy fact sheets published on the retailer's website. We do not guarantee that this information is correct or that it applies to every household in Australia.
  • Comparisons have been made on the peak rates in single rate plans from retailers, plus their daily electricity supply charges.
  • The Citipower network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
  • The Ausgrid network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in NSW.
  • The SA Power Networks network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
  • The Energex network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in QLD.
  • The Evoenergy network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in the ACT.
  • The ACTO network has been used to compare gas plans in WA.
  • The reference price/VDO/GAS comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different from these estimates if your usage differs from the average amounts used in this calculation.
  • The information in this blog cannot substitute for legal advice. No financial decisions should be made based on information from this blog.
  • The average electricity price in Victoria is drawn from the Australian Energy Market Commission (AEMC), Residential Electricity Price Trends 2021, Final report, 25 November 2021. This figure reflects the default energy usage of a 2 person household.
  • All dollar figures include GST.
  • The plans displayed may be different than those advertised.
  • The plans offered on this page may not be available in our call center.
  • 'Get Best Offer’ is indicative of the best offer available in our database from our partners. 
  • ‘Get More Info’ does not mean we will sign you up for the plan. Electricity Monster will provide offers in our database.  We do not claim to be affiliated with the retailer.
  • Electricity plans are now compared to a regulated price called the Victorian Default Offer (VDO). This makes it easier to compare energy plans across the market. The VDO comparison and annual estimate is calculated based on an average usage customer.
  • When calculating our rates we include in the price/year estimate the GST (unless otherwise stated), any advertised non-conditional discounts (e.g. guaranteed discount), and any one-off credits.
  • What's not included in the price/year estimate are conditional discounts, green energy charges, any concessions or rebates which may apply to you, solar feed-in tariff credits that your solar system could generate.
  • The VDO comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.
Benjamin Tom

Benjamin Tom covers the retail energy market, with a focus on electricity, solar, and Internet. His interests include helping people navigate the complexities of the energy market while saving money on their power bills.