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By comparing electricity plans on an annual basis, you can ensure you're getting a competitive rate. More importantly, it allows you to see if you're overpaying for your energy.

With the cost of living increasing and energy prices fluctuating, there’s a huge benefit to comparing electricity providers. For one, it gives you the opportunity to explore various energy plans, rates, discounts, and incentives. All of these can impact how much you pay and can give you peace of mind knowing you're not spending more than the market average. Another major reason is that you could be on a bad rate and not even know it. If your benefit period has expired, your rates could have skyrocketed, resulting in a substantially higher power bill. The best way to check is to call a service like Electricity Monster or compare the market to see what affordable plans are available in your area.

Submit your details above or call us, and one of our energy brokers will help you find a better deal on your energy by comparing trusted retailers within our network of partners. We can even help switch you to your new electricity provider in minutes – we'll handle the entire process for you. Our service is also 100% FREE to use, so give us a call today and see how we can help.

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Compare Electricity Plans in VIC

In the table below, we've listed the best electricity plans in VIC.

Retailer % Below VDO* Price/year (Est.)
Globird VIC
Boost
30% $1,014
Tango Energy VIC
Value Select
29% $1,036
ENGIE VIC
ENGIE Perks
24% $1,110
Momentum Energy VIC
Warm Welcome
23% $1,125
OVO Energy VIC
Free 3 Plan
24% $1,140
Powershop VIC
Power House
20.90% $1,152
Kogan Energy VIC
Kogan Energy with Free Kogan First
20.90% $1,152
Pacific Blue VIC
Blue First
19% $1,174
Alinta Energy VIC
SelectSaver
19% $1,177
Sumo Energy VIC
Sumo Switch
19% $1,183

*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network. The VDO reference price is: $1,456 / year. Click here to view plan energy fact sheets

Compare Electricity Plans in NSW

In the table below, we've listed the best electricity plans in NSW.

Retailer % Below DMO* Price/year (Est.)
Ampol Energy NSW
Powering On
24% $1,364
Powershop NSW
Power House
22.70% $1,399
Kogan Energy NSW
Kogan Energy with Free Kogan First
22.70% $1,399
ENGIE NSW
ENGIE Perks
22% $1,410
Energy Locals NSW
Home Classic
22% $1,419
Momentum Energy NSW
Warm Welcome
22% $1,420
Pacific Blue NSW
Blue First
22% $1,420
Sumo Energy NSW
Sumo Spark
21% $1,426
Red Energy NSW
Living Energy Saver
20% $1,435
OVO Energy NSW
One Plan
18% $1,476

*Calculated based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network. The DMO reference price is: $1,810 / year. Click here to view plan energy fact sheets.

Compare Electricity Plans in SA

In the table below, we've listed the best electricity plans in SA.

Retailer % Below DMO* Price/year (Est.)
Globird SA
Boost
22% $1,736
Pacific Blue SA
Blue First
22% $1,737
Powershop SA
Power House
17.20% $1,847
Kogan Energy SA
Kogan Energy with Free Kogan First
17.20% $1,847
ENGIE SA
ENGIE Saver
15% $1,905
Nectr SA
Nectr 100% Clean
10% $1,957
Momentum Energy SA
Warm Welcome
12% $1,958
Sumo Energy SA
Sumo Switch
12% $1,964
Origin Energy SA
Origin Go Variable
10% $2,007
Amber Electric SA
Amber Plan
7.90% $2,054

*Calculated based on usage of 4000kWh/year for a residential customer on a single rate tariff in the SA Power Networks. The DMO reference price is: $2,230 / year. Click here to view plan energy fact sheets.

Compare Electricity Plans in QLD

In the table below, we've listed the best electricity plans in QLD.

Retailer % Below DMO* Price/year (Est.)
OVO Energy QLD
One Plan
23% $1,596
Sumo Energy QLD
Sumo Switch
23% $1,599
Ampol Energy QLD
Powering On
21% $1,620
ENGIE QLD
ENGIE Perks
21% $1,626
Powershop QLD
Switch Saver
21.10% $1,631
Kogan Energy QLD
Kogan Energy with Free Kogan First
20.70% $1,639
Pacific Blue QLD
Blue First
20% $1,657
Alinta Energy QLD
HomeSaver
19% $1,669
CovaU QLD
Freedom
18% $1,688
Nectr QLD
Nectr 100% Clean
15% $1,715

*Calculated based on usage of 4600kWh/year for a residential customer on a single rate tariff in the Energex network. The DMO reference price is: $2,066 / year. Click here to view plan energy fact sheets.

Compare Electricity Plans in ACT

In the table below, we've listed the best electricity plans in ACT.

Retailer % Below DMO* Price/year (Est.)
ActewAGL ACT
Simple Saver
21% $1,921
Origin Energy ACT
Origin Go Variable
20% $1,945
Red Energy ACT
Living Energy Saver
18% $1,992
Nectr ACT
Nectr 100% Clean
16% $1,993
Amber Electric ACT
Amber Plan 15
10.80% $2,168
Energy Australia ACT
Flexi Plan
7% $2,270
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.

Why Should I Compare Electricity?

With energy costs still high in most states, it makes sense to compare electricity rates and shop around. The good news is that the market is filled with affordable energy plans that include generous discounts and incentives – you only need to look around to find them.

Here are some of the top reasons why you should compare electricity plans and providers:

  • You want a better deal on your energy without being forced to lower your electricity usage.
  • Your benefit period has expired.
  • Your current energy plan is too expensive.
  • You're looking to sign up with one provider for both electricity and gas.
  • You want a better solar feed-in tariff rate.
  • You want to find a “greener" energy retailer.
  • You want better customer service.
  • You could be eligible for bundle discounts when bundling gas and electricity.
  • You’re moving home and want to make sure you’re on a sharp rate.

It’s clear that there are plenty of competitive plan options in the market. Most retailers come out with new plans regularly, leaving you with no shortage of options.

If lowering your household's electricity usage isn't fixing your expensive power bill, it's time you switched to a new electricity plan. Doing so can put more money in your pocket and even lighten the financial burden that you may have.

Fortunately, all it takes is one call to Electricity Monster, and our energy experts will seamlessly guide you through the process, analyse your energy usage, and provide you with various free solutions. Call us today to learn more.

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This publication reviews energy plans in VIC, NSW, QLD, SA, and ACT that are accurate 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.