Cheapest Gas Rates VIC 2024

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What Answers You’ll Get On This Page

Securing the best deal on a new gas plan can lower your utility bills and put more money back in your pocket. In this article, we'll cover everything you need to know about the cheapest gas providers and plans so you can make an informed decision. Whether you're a homeowner looking to optimise your savings or want to switch to a more cost-effective gas plan, we’ve got you covered.

  • Gas prices can vary significantly between providers. Additionally, different factors can affect gas bills, such as usage charges, supply charges, and various discounts or fees. 
  • Bundling your gas, electricity, and other utilities can offer the convenience of dealing with one provider. 
  • During winter, reliance on gas heating and gas water heaters see increased use during this cold period, which means higher gas bills.
  • If you’re looking to get a better deal on your gas, call Electricity Monster. Our team will compare electricity and gas plans, analyse your gas bill, and provide you with various solutions for your gas needs. 

Compare Gas Rates VIC

In the table below, you’ll find a list of the cheapest gas deals in VIC. To learn more or to compare more plans and providers, call us today.

RetailerPlan NamePrice/year (Est.)
PowershopPower House$1,065
Tango EnergyValue Select$1,095
Kogan EnergyFree Kogan First$1,113
Origin EnergyOrigin Go Variable$1,166
Momentum EnergyWarm Welcome$1,181
AGLAGL Value Saver$1,201
Sumo EnergySumo Lite$1,210
Red EnergyLiving Energy Saver$1,231
Lumo EnergyLumo Plus$1,231
Alinta EnergyHomeSaver$1,293

*Estimated Price is calculated based on usage of 29,830 MJ/year for a residential customer on a winter rate in the Australian Gas Network. Click here to view associated energy fact sheets.

How to Compare and Switch Gas Plans in VIC

Comparing both electricity and gas deals is a great way to evaluate the market and potentially get a better deal. By taking the time to shop around, you’re not just looking for the cheapest market offers—you’re making a smart, informed decision that can lead to more money back in your pocket.

Before you start comparison shopping, it’s important to understand what you need to look for when you compare gas prices. Here are some strategies to help you get started.

  • Identify Your Current Gas Usage: Look at your recent gas bills to understand your average consumption – this can help you make accurate comparisons between different plans.
  • Compare Key Features: Focus on the daily supply charge and the usage rate. Also, consider any discounts, contract terms, and additional fees. 
  • Check for Seasonal Fluctuations: Determine if your gas and energy usage fluctuates by season, such as higher heating usage during winter. Recognising these patterns can help you choose a plan that aligns with your consumption habits.

Compare Supply and Usage Charges: Supply charges are fixed, regardless of usage. Lower supply charges can be ideal for households with low gas usage. Usage charges are the costs you incur based on the amount of gas you use—they are billed alongside supply charges. If you’re a household with high gas usage, a plan with lower usage charges may be more economical.

Lastly, you’ll want to speak to a gas expert at Electricity Monster. We are your one-stop shop for all your electricity and gas needs. If you’re short on time or don’t want to deal with the hassle of comparing provider after provider, call our energy experts, and we’ll handle the process for you. Our team will get you the best deal we have available within our network of partnered gas and energy providers. We can even help organise the gas connection for you. Whether you’re moving to a new property and aren’t sure whether you have a gas connection or suffer from high gas prices and want to switch gas retailers, we can help.

Should I Bundle My Gas?

Many gas and energy providers offer bundled services, combining gas, electricity, and internet into one convenient bundle package. While this can provide several advantages, it also comes with its drawbacks as well. Here is a deeper look at the pros and cons of bundling gas with other utilities.

Dealing With Only One Provider

When you bundle your utilities with one provider, you get a single point of contact for all of your billing enquiries, questions, and concerns. If you prefer to skip the hassle of calling different retailers for your utilities, bundling with your preferred retailer of choice can be a great option. However, it’s important to check whether a bundle is actually cheaper than a standalone service.

Other Factors to Consider

To determine whether bundling still offers the best value for your household, you’ll want to compare the rates of bundled packages against individual services. Consider factors such as:

  • Monthly Costs: The overall monthly cost for bundled services versus standalone services.
  • Hidden Fees: Any additional costs that might be included in bundled packages.
  • Contract Terms: The flexibility of the contract and any potential penalties for leaving early.

Coverage and Availability: You’ll want to make sure that the bundled services are available in your area and that the retailer offers coverage for gas, electricity, and internet services in your state or territory.

Types of Discounts on Gas Plans

Gas discounts can yield some pretty nice savings, but it's also important to understand how they work and whether they’ll apply to you. Comparing the cheapest gas rates and staying up-to-date on the latest gas and energy plans will help you make an informed decision if you’re looking for a new plan.

Pay-on-Time Discounts

Pay-on-time discounts are offered to customers who pay their bills by the due date. These discounts are typically applied as a percentage of your total bill or a specific portion, such as usage charges.

Energy Tips: Red Energy offers a pay-on-time discount for eligible customers who sign up for direct debit and pay their bills by the due date.

Direct Debit Discounts

These discounts are given to customers who set up automatic payments from their bank accounts.

Energy Tips: Globird Energy’s ComboElec plan offers a 5% discount off both your usage and supply charges when you pay on time and bundle electricity with gas.

Bundling Discounts

Bundle discounts offer savings for residential customers who consolidate multiple services, such as electricity, gas, or internet, under a single provider.

Origin Energy currently offers a $10 monthly discount if you bundle gas with Origin’s internet service.

How to Read Your Gas Bill

When you read your gas bill, there are several components that contribute to your overall payment. Here’s a detailed breakdown of how gas charges are generally structured:

Daily Supply Charge

The daily supply charge, also known as a fixed charge, is a cost you incur simply for being connected to the gas network. This charge is applied regardless of how much natural gas you use. For example, daily supply charges can range from around 69.3 cents to over $1.00 per day, depending on the provider and the specific plan you are on. 

If your daily supply charge is 85 cents, you will pay this amount each day, which adds up to approximately $310 annually, even if you use no gas.

Usage Charge

The usage charge is a variable cost based on the amount of gas you use – this is usually measured in megajoules (MJ). This charge can vary among gas providers and plans. It is typically divided into different tiers or blocks, where the cost per MJ may decrease as your natural gas usage increases, though this is not always the case. Some gas plans will offer a flat rate for all usage.

If your plan costs 3.5 cents per MJ for the first 10,000 MJ and 3.2 cents per MJ for any additional usage, your cost will be calculated based on your consumption.

Additional Fees and Charges

Beyond the supply and usage charges, there may be additional fees associated with your gas service. These can include:

  • Late Payment Fees: These charges are applied if you do not pay your bill by the due date.
  • Connection and Disconnection Fees: These fees are applicable when you start or end your gas service.
  • Exit Fees: If you terminate your gas plan early, you might incur exit fees.

Frequently Asked Questions

Who Are the Cheapest Gas Providers in VIC?

What If I Am Not Happy After Signing Up With A New Gas Provider?

How Do I Set Up A Natural Gas Connection If I’m Moving?

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This publication reviews gas plans in VIC that are accurate as of 02/07/2024

Important Points to note are:

  • The cheapest gas and electricity 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 networks has been used to compare the cheapest gas rates in Victoria.
  • The Ausgrid network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas offers in NSW.
  • The SA Power Networks network has been used to compare electricity plans, and the Australian Gas networks has been used to compare the cheapest gas rates in Victoria.
  • The Energex network has been used to compare electricity plans, and the Australian Gas networks has been used to compare the cheapest gas plans in QLD.
  • The Evoenergy network has been used to compare energy plans, and the Jemena gas network has been used to compare the cheapest gas rates in the ACT.
  • The ACTO network has been used to compare the cheapest gas prices and plans in WA.
  • The reference price/VDO/GAS comparison will differ based on tariff type and location (distribution area). Your actual energy bills 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 gas or electricity plan listed. Electricity Monster will provide offers in our database. We do not claim to be affiliated with the energy provider.
  • 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.
  • 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.