Cheapest Electricity Rates QLD

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Looking for Cheap Electricity Rates in Queensland?

When it comes to electricity, it makes sense to shop around for the best deal. In south-east Queensland, you have the freedom to choose which electricity retailer you want to sign up with. This means you have the opportunity to shop around and find a competitive deal that aligns with your electricity needs and budget.

This is where the importance of comparison shopping comes into play. The right plan and the right rate can make a huge financial difference when it comes to your power bills. By taking time to analyse each retailer's offers, you can potentially see long-term savings, which essentially means more money back into your pocket.

The best way to shop for electricity rates in Queensland is to call 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. At Electricity Monster, we handle the entire process for you – from the paperwork to the actual switch. If you’re tired of overpaying for your energy, give us a call, and we’ll help you find the sharpest rates we have.

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Cheap Electricity Plans in Queensland

Below, we've listed some of the best electricity plans currently offered in Queensland.

Retailer % Below DMO* Price/year (Est.)
Globird QLD
Boost
20% $1,580
Sumo Energy QLD
Sumo Switch
19% $1,603
Dodo QLD
Residential Market Offer
18% $1,604
CovaU QLD
Freedom
18% $1,619
OVO Energy QLD
One Plan
18% $1,620
Powershop QLD
Switch Saver
17.60% $1,621
Ampol Energy QLD
Powering On
17% $1,624
Nectr QLD
Nectr 100% Clean
13% $1,669
Kogan Energy QLD
Current Kogan First members
10% $1,672
Alinta Energy QLD
Better Deal
15% $1,674

*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 Can I Get the Cheapest Electricity Rates In Queensland?

In order to get the best electricity deal, you'll want to explore your options so you can make an informed decision. There may be times when the cheapest electricity plan won't necessarily be the best choice. This is why comparing the market beforehand can pay off in the long run.

The energy market is filled with attractive offers and generous discounts. However, shopping around and sorting through each retailer – big and small – can be quite stressful if you don't have the time or haven't switched in years. With so many plans currently offered, it’s difficult to know whether a plan you’re interested in will save you money or end up costing you more.

This is why you should call a service like Electricity Monster to handle this process for you. At Electricity Monster, 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.

Who is the Best Electricity Provider in QLD?

Below is a list of all of the electricity providers in Queensland. If you’re moving home and need a new connection or want to switch to a new provider, give us a call today.

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

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.