It’s easy to find competitive pricing on an energy plan that suits your needs and household budget; simply try our energy comparison service today to get started.
Save time while you search for a better energy deal by easily comparing Victorian electricity and gas plans from different brands, all in one place.
We’ll walk you through the process from beginning to end. Or you can review and purchase energy plans through our service online.
Our service is 100% free to use. Energy providers pay us a commission for every purchase, but you pay nothing extra for our service. Learn more about how our energy comparison service works.
You need to disconnect utilities at your old home before moving into a new one. Learn how you can minimise paying bills at both homes.
The Victorian energy industry has been deregulated since 2002. That’s why energy providers (also known as energy retailers) set their own prices, and you have more products to choose between.
Different households can apply for rebates to help pay for power bills, depending on their circumstances. We go into detail about these concessions in our handy guide.
A smart meter tracks your energy usage every 30 minutes to every hour. We explain how these devices work and how they can help reduce your electricity bill.
If you want to commit to a sustainable energy plan, be mindful that future savings may come at the expense of upfront costs. Learn more about your renewable energy options.
The Victorian Default Offer (VDO) sets a cap on the total amount you can be charged for electricity usage for typical usage in your area.
Victoria’s energy market is deregulated, meaning energy retailers are allowed to set their own prices, creating a more competitive electricity and gas industry.
With more players offering energy plans, there’s usually a higher level of commercial rivalry, which typically results in more competitive energy pricing as providers attempt to attract more customers.
You could save on your electricity and gas bills by simply comparing plans in Victoria and switching to a provider that satisfies your energy needs, at a cost that’s in line with your household utilities budget.
While providers can set their own prices for electricity, the Victorian Government has established the Victorian Default Offer (VDO). The VDO helps ensure Victorian households aren’t paying too much for their electricity usage if they haven’t looked for a better deal on their plan in a while.
The VDO acts as a cap on the amount you can be charged for electricity, with electricity prices changing from 1 July every year, and is based on your area’s typical usage and supply charges.
While this helps keep costs low for those who don’t compare electricity prices in Victoria, providers also offer discounted plans that are cheaper than the VDO. If you’re in Victoria and are on the VDO, you could be missing out on potential savings elsewhere.
The VDO prices for residential customers for the 2023-24 period are:
| Distribution zone | Supply charge ($ per day) | Usage charge structure | Usage charge ($ per kWh) | Usage charge for flat rate controlled load tariff ($ per kWh) |
| AusNet Services | $1.3251 | Block 1 (up to 1,020kWh per quarter) Block 2 (balance of usage per quarter) | Block 1 – $0.3851 Block 2 – $0.3955 | $0.2869 |
| Citipower | $1.1525 | Anytime | $0.2871 | $0.2271 |
| Jemena | $1.1438 | Anytime | $0.3252 | $0.2639 |
| Powercor | $1.3002 | Anytime | $0.3292 | $0.2559 |
| United Energy | $1.0814 | Anytime | $0.3174 | $0.2466 |
| Source: Victorian Default Offer. Essential Services Commission, Victorian State Government. Accessed June 2023. | ||||
VDO prices will be effective from 1 July 2023 to 30 June 2024 and are inclusive of GST.
Victorian energy retailers will charge you for energy in a similar way to most other states.
For both electricity and gas, Victorians have to pay two main costs:
N.B. Distributors supply power to the grid and maintain energy infrastructure (e.g. power lines and gas mains).
You may also receive discounts and/or credits on your energy bills. Discounts could comprise of unconditional or conditional discounts, including payment method discounts (e.g. discount if you pay via direct debit), pay-on-time discounts and bundling discounts. These are generally applied to the whole bill after all charges are calculated. On top of discounts from the provider, you may be eligible for concessions from the Victorian Government, which can further help you save on your electricity and gas bills.
Who your distributor is and where you live in Victoria will also impact the amount you’re charged for your electricity and gas.
Check out our guide on how to read energy bills to learn more.
Several tariff options can influence the cost of energy in Victoria. You might be able to choose between them depending on the wiring in your house, the eligibility in your area and whether you have a smart meter. We’ve broken these down below:
Several of these electricity tariffs rely on knowing peak, off-peak and shoulder times to manage your electricity usage effectively. Electricity providers in Victoria can set the times that different tariffs apply, so the times listed below are only a guide:
Providers offer Victorians the choice between a single rate or time-varying tariff. This means you can receive the same amount back for your energy usage no matter when it’s exported into the grid or get a feed-in tariff that varies depending on the time of day.
There are two options for the minimum rate for the solar feed-in tariff in Victoria for the 2023-24 period:
Option 1
| Period | Weekday | Weekend | Cents per kWh |
| Flat-rate | All times | 4.9 | |
| Early Evening | 3pm to 9pm | N/A | 9.3 |
| Day | 7am to 3pm, 9pm to 10pm | 7am to 10pm | 4.4 |
| Overnight | 10pm to 7am | 10pm to 7am | 11.3 |
| Source: Essential Services Commission (2023). Minimum feed-in tariff review 2023-24. Accessed June 2023. | |||
Option 2
| Period | Every day | Cents per kWh |
| Flat-rate | All times | 4.9 |
| Peak | 4pm to 9pm | 10.6 |
| Shoulder | 9pm to 10am, 2pm to 4pm | 5.5 |
| Off-peak | 10am to 2pm | 3.9 |
| Source: Essential Services Commission (2023). Minimum feed-in tariff review 2023-24. Accessed June 2023. | ||
Distributors are responsible for maintaining powerlines, poles, pipes and meters. They connect your property to electricity powerlines and gas pipelines. If you experience a power outage or your meter stops working, your distributor is the organisation you should contact. Keep in mind, you cannot switch distributors.
| Electricity distributors | |
| Company | Service area |
| AusNet Services | Outer northern and eastern suburbs and eastern Victoria |
| Citipower | Melbourne City and inner suburbs |
| Jemena | Northern and north-western suburbs |
| Powercor Australia | Western Victoria and western suburbs |
| United Energy | Mornington Peninsula and southern suburbs |
| Gas distributors | |
| Company | Service area |
| AusNet Services | Western Melbourne City and western suburbs, central and western Victoria |
| Australian Gas Networks | Merrifield, Mildura, Heathcote/Wandong Junction and Koo Wee Rup |
| Multinet | Southern and Eastern Melbourne City, southern and eastern inner suburbs, south Gippsland and Yarra ranges |
Electricity providers bill you for your energy consumption while distributors supply it. While you can’t switch distributors, you can switch providers easily.
You can see which electricity suppliers in Victoria retail energy by reviewing the list below. Not all providers in this list offer both electricity and gas.
N.B. We don’t compare energy products from all retailers on this list as we don’t compare all brands in the market or all products offered by all brands. Information about the partners we currently compare is available here.
Electricity providers in Victoria:
The information provided above is based in the postcodes of 3000 and 3220 and is accurate as of 1 February 2023. Data sourced from the Department of Environment, Land, Water and Planning, Victoria.
You can easily compare Victorian energy providers through our free comparison service. Simply enter a few details about yourself, including your postcode and energy usage, to find specific information and quotes relevant to your location and energy needs. It takes only minutes, making it easy to find competitive plans from electricity providers in Victoria.
Some energy retailers in Victoria offer both electricity and gas as a dual plan. Others provide these utilities as separate plans. The Victorian gas providers below offer both as bundles and separate plans; however, you may not have access to both from the same provider, depending on where you live.
For example, one provider may offer electricity in all suburbs in Victoria. But they may not offer gas to suburbs in East Melbourne. To find out which providers offer energy in your area, use our energy comparison service.
N.B. We don’t compare energy products from all retailers on this list as we don’t compare all brands in the market or all products offered by all brands. Information about the partners we currently compare is available here.
Gas providers in Victoria:
The information provided above is accurate as of 27 February 2023. Data sourced from the Australian Energy Regulator (AER) and the Department of Environment, Land, Water and Planning, Victoria.
No matter how big your household or where you reside, we can help you find some of the cheapest gas rates in Victoria. Compare gas providers in Victoria through our gas comparison service. Look for savings in your gas bill for your postcode in Victoria; as well as discounts, fees, charges and more.
While everyone’s electricity needs and bills are going to be different, we’ve provided a snapshot of some plans available from electricity suppliers in Melbourne which can help give you an idea of how much electricity and gas plans could cost you.
You can compare available energy plans in minutes for free through our comparison service too.
N.B. We don’t compare energy products from all retailers on this list as we don’t compare all brands in the market, or all products offered by all brands. Information about the partners we currently compare is available here.
| Provider/Retailer | Plan Name | Annual Cost (inc. discounts) | Annual Cost (excl. discounts) | Discount Benefit Period | Contract Term | Tariff |
| 1st Energy | 1st Super Saver, Residential – Anytime | $1,130 | $1,130 | None | None | Single rate |
| Simply Energy | VIC Simply for Good – by Engie elec | $1,170 | $1,170 | None | Ongoing | Single rate |
| Energy Locals | Online Member + Sign up Bonus | $1,180 | $1,180 | None | None | Single rate |
| OVO Energy | The One Plan Welcome Credit | $1,180 | $1,300 | None | None | Single rate |
| Tango Energy | eSelect | $1,180 | $1,180 | None | Ongoing | Single rate |
| CovaU Energy | Super Saver Online Residential Single Rate(C1R) | $1,200 | $1,200 | None | None | Single rate |
| Lumo Energy | Lumo Basic | $1,200 | $1,200 | None | Ongoing | Single rate |
| Alinta Energy | HomeDeal – Single Rate | $1,220 | $1,220 | None | None | Single rate |
| EnergyAustralia | Flexi Plan – Peak Only | $1,240 | $1,240 | 1 year | 1 year | Single rate |
| Momentum Energy | Nothing Fancy Electricity_C1R | $1,240 | $1,240 | None | None | Single rate |
| AGL | Residential Value Saver | $1,250 | $1,250 | None | Ongoing | Single rate |
| Diamond Energy | Everyday Renewable Saver | $1,250 | $1,300 | Ongoing | Ongoing | Single rate |
| Dodo Power and Gas | Residential Market – Single Rate | $1,250 | $1,250 | None | None | Single rate |
| Red Energy | Living Energy Saver | $1,250 | $1,250 | None | Ongoing | Single rate |
| GloBird Energy | GloBird Combo GREENLIGHT Residential (Flat Rate Without Controlled Load)-Citipower | $1,260 | $1,390 | None | None | Single rate |
| Kogan Energy | Kogan Energy with free Kogan First | $1,270 | $1,270 | 12 months | Ongoing | Single rate |
| Arcline by RACV – Energy | Energy Plan | $1,280 | $1,280 | None | None | Single rate |
| Origin Energy | Origin Home Assist Variable (Single Rate) | $1,280 | $1,280 | None | 1 year | Single rate |
| Powershop | Powershop 100% Carbon Nuetral | $1,290 | $1,290 | None | Ongoing | Single rate |
| Amber Electric | Amber Plan 15 | $1,300 | $1,300 | None | None | Single rate |
| Blue NRG | Blue VDO Single Rate (General Usage) | $1,300 | $1,300 | None | None | Single rate |
| ReAmped Energy | ReAmped Standard | Anytime | $1,300 | $1,300 | None | None | Single rate |
| Sumo | Sumo Standing Offer (Single Rate) | $1,300 | $1,300 | None | None | Single rate |
| The People’s Grid | Zero Member Fee Anytime | $1,300 | $1,300 | None | None | Single rate |
The prices and information provided above are based on a house with two adults, no concessions, no solar panels, five rooms, one refrigerator, no gas, no pool, no heating or cooling, no clothes dryer, electric hot water system not on a controlled load in the postcode of 3000 and are accurate as of 1 February 2023. Data sourced from the Department of Environment, Land, Water and Planning, Victoria. Plans, prices and eligibility criteria are subject to change and may have conditions or eligibility requirements.
If you’re wondering where you can get the cheapest electricity in Geelong, you’re in the right place. While the information below isn’t a one-size-fits-all matter and your own energy bills could differ, this snapshot can help you understand what to expect.
Compare gas and electricity plans in Victoria from available providers on our comparison service for free for a more detailed comparison.
N.B. We don’t compare energy products from all retailers on this list as we don’t compare all brands in the market, or all products offered by all brands. Information about the partners we currently compare is available here.
| Provider/Retailer | Plan Name | Annual Cost (inc. discounts) | Annual Cost (excl. discounts) | Discount Benefit Period | Contract Term | Tariff |
| 1st Energy | 1st Super Saver, Residential – Anytime | $1,150 | $1,150 | None | None | Single rate |
| Energy Locals | Online Member + Sign up Bonus | $1,180 | $1,180 | None | None | Single rate |
| Simply Energy | VIC Simply For Good – by ENGIE elec | $1,200 | $1,200 | None | Ongoing | Single rate |
| OVO Energy | The One Plan Welcome Credit | $1,210 | $1,330 | None | Ongoing | Single rate |
| Tango Energy | eSelect | $1,220 | $1,220 | None | Ongoing | Single rate |
| CovaU Energy | Super Saver Online Residential Single Rate | $1,230 | $1,230 | None | None | Single rate |
| Lumo Energy | Lumo Basic | $1,230 | $1,230 | None | Ongoing | Single rate |
| Alinta Energy | HomeDeal – Single Rate | $1,250 | $1,250 | None | None | Single rate |
| Dodo Power and Gas | Residential Market – Single Rate | $1,250 | $1,250 | None | None | Single rate |
| Diamond Energy | Everyday Renewable Saver | $1,270 | $1,320 | Ongoing | Ongoing | Single rate |
| EnergyAustralia | Flexi Plan – Peak Only | $1,270 | $1,270 | 1 year | 1 year | Single rate |
| Momentum Energy | Nothing Fancy Electricity_LVS1R | $1,270 | $1,270 | None | None | Single rate |
| AGL | Residential Value Saver | $1,280 | $1,280 | None | Ongoing | Single rate |
| Arcline by RACV – Energy | Energy Plan | $1,280 | $1,280 | None | None | Single rate |
| GloBird Energy | GloBird Combo GLOSAVE Residential (Flat Rate Without Controlled Load)-United Energy | $1,280 | $1,410 | None | None | Single rate |
| Kogan Energy | Kogan Energy with free Kogan First | $1,280 | $1,280 | 12 months | Ongoing | Single rate |
| Red Energy | Living Energy Saver | $1,280 | $1,280 | None | Ongoing | Single rate |
| Origin Energy | Origin Home Assist Variable (Single Rate) | $1,310 | $1,310 | None | 1 year | Single rate |
| Powershop | Powershop 100% Carbon Neutral | $1,320 | $1,320 | None | Ongoing | Single rate |
| Amber Electric | Amber Plan 15 | $1,330 | $1,330 | None | None | Single rate |
| Blue NRG | Blue VDO Single Rate (General Usage) | $1,330 | $1,330 | None | None | Single rate |
| ReAmped Energy | ReAmped Standard | Anytime | $1,330 | $1,330 | None | None | Single rate |
| Sumo | Sumo Standing Offer (Single Rate) | $1,330 | $1,330 | None | None | Single rate |
| The People’s Grid | Zero Member Fee Anytime | $1,330 | $1,330 | None | None | Single rate |
The prices and information provided above are based on a house with two adults, no concessions, no solar panels, five rooms, one refrigerator, no gas, no pool, no heating or cooling, no clothes dryer, electric hot water system not on a controlled load in the postcode of 3220 and are accurate as of 1 February 2023. Data sourced from the Department of Environment, Land, Water and Planning, Victoria. Plans and prices are subject to change and may have conditions or eligibility requirements.
There are various energy concessions and rebates available to eligible Victorians, including both concessions for seniors and general concessions.
Eligible Victorians can receive a concession from the Victorian Government to help pay with household utility bills. Eligibility criteria include:
Concessions you may be eligible for include:
These concessions are managed by the Victorian Government’s Department of Human Services. You can learn more about concessions for electricity and gas across Australia, and where to find ones in your state, with our simple guide.
Your average bill may vary significantly compared to the state’s average depending on the number of people in your household, your energy habits, tariff, distributor, provider, energy plan and if you have solar. See below for the median prices for electricity and gas.
| Distributor | Annual median market offer price | Annual median standing offer price |
| AusNet Services | $1,850 | $1,877 |
| Citipower | $1,355 | $1,368 |
| Jemena | $1,412 | $1,436 |
| Powercor | $1,608 | $1,640 |
| United Energy | $1,452 | $1,467 |
| Source: Australian Energy Regulator. Annual retail markets report 2021-22. Published November 2022. Accessed April 2023. | ||
When it comes to gas, many factors such as your energy habits, provider and plan can all affect your bill. Winter is the usually highest season for energy consumption for gas, so your gas bills may also vary depending on the time of year, as well as whether you’re using natural gas or liquified petroleum gas (LPG). The median prices for residential gas bills in Victoria are below.
| Distributor | Annual median market offer price | Annual median standing offer price |
| Multinet Gas | $1,566 | $1,742 |
| AusNet Services | $1,504 | $1,646 |
| AGN | $1,540 | $1,713 |
| Source: Australian Energy Regulator. Annual retail markets report 2021-22. Published November 2022. Accessed April 2023. | ||
The best energy provider in Melbourne for you will vary depending on your specific household needs, financial situation, distributor and tariff. Each individual electricity and gas supplier in Melbourne will offer varying plans, rates, discounts and conditions (e.g. exit fees).
The ‘best’ energy provider in VIC for you may be the cheapest provider, whereas for someone else the ‘best’ provider may be the most flexible plan. Consider your situation before looking for the most suitable provider for you.
You can get a free quote from our energy comparison service, where you can compare the daily supply charge, usage charges, estimated costs, exit fees (if any) and more!
1 Essential Services Commission (2023). Minimum feed-in tariff review 2023-24. Accessed June 2023.
As the Head of Energy at Compare the Market, Meredith understands that Victoria’s energy market is quite unique compared to the rest of Australia. She strives to make gas and electricity as easy as possible for Victorians to understand and get the most out of their energy plans.
Meredith has six years within the energy industry, following 15 years of experience in financial services and is currently studying a Master of Business Administration. Meredith is a dedicated customer advocate who is passionate about empowering Australians to find the right products to suit their needs by removing the confusion from comparing.
