Cheapest Electricity Rates ACT

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Looking for Cheap Electricity Prices in ACT?

There's nothing more frustrating than getting an unexpectedly high energy bill. This can have a profound impact on your finances and leave you questioning what you did wrong. Fortunately, there are several ways to combat high power bills. One of the easiest ways is to switch to a cheaper electricity plan.

Canberra and the greater ACT area are home to several electricity providers that offer unique plans, incentives, and perks. If you’re one of the many Aussies stuck on a bad electricity rate, you have the power of choice as an ACT resident. By comparing the market and ultimately finding a better deal on your electricity, you can effectively lower your power bill and put more money back into your pocket. If you haven't compared the market before or switched in a while, you'll want to start by finding a plan that best suits your usage needs and budget.

The best electricity deal for you will largely depend on your energy consumption habits, budget, and household. Every electricity and gas provider offers unique rates, discounts, and more. While the best deal for someone may be the least expensive plan, the best deal for someone else may be the most flexible.

One of the fastest ways you can compare electricity prices in ACT is by calling a service like Electricity Monster. We’ll do the comparison shopping for you and find you the best deal we have within our network of partnered retailers. With our service, you won’t have to waste time and effort going through various retailers to figure out which one offers the cheapest electricity rates. We take care of the process for you – from the paperwork to the actual switch. If you’re tired of high electricity prices and need a solution, give us a call, and we’ll help you find the sharpest rates we have.

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Cheap Electricity Plans in ACT

In the table below, we've listed some of the best plans offered by electricity providers in ACT.

[
Retailer % Below DMO* Price/year (Est.)
ActewAGL ACT
Capital
23% $1,873
Origin Energy ACT
Origin Go Variable
20% $1,935
Nectr ACT
Nectr 100% Clean
16% $1,944
Red Energy ACT
Living Energy Saver
18% $1,992
Energy Australia ACT
Flexi Plan
11% $2,154
CovaU ACT
CovaU Basics
1% $2,418

*Calculated based on usage of 6100kWh/year for a residential customer on a single rate tariff in the Evoenergy network. The DMO reference price is: $2,432 / year. Click here to view plan energy fact sheets.

How Can I Get Cheap Electricity Rates In ACT?

The best way to get a cheap electricity plan is to compare the market. By shopping around, you'll see what the current market offers are, how much they'll cost you, and check what's available in your area. This is especially important if you haven't switched plans in years.

The deregulated energy market is filled with energy companies like Origin Energy and ActewAGL, both of which own a large market share, and smaller companies like Powershop and Red Energy. Regardless of the size of each brand, you'll likely discover that each electricity provider will have competitive offers that might fit what you're looking for.

The issue with comparison shopping is that it can be daunting, especially if you haven't shopped around in a while. Many electricity plans are being offered, and it makes the most sense to choose the best deal available. However, this can take a significant amount of time.

Or, you can call a professional service like Electricity Monster to handle this time-consuming process for you. We’ll help you find the best deal available within our network of partnered retailers and even help you get connected so you don’t have to spend hours figuring it out yourself. Best of all, comparing cheaper electricity prices with us won’t cost you a thing. Our service is 100% free to use.

How many electricity providers are there in ACT?

Below is a list of energy providers that are currently operating in ACT.

FAQ

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This publication reviews plans in ACT as of 02/07/2024.

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.
  • 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 listed. Electricity Monster will provide offers in our database. We do not claim to be affiliated with the retailer.
  • When you click ‘Sign Up Now’ you agree to be contacted by our energy experts. Plans with said button are affiliated with our partnered retailers only.
  • 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.