Compare Electricity & Gas in Victoria

Regularly comparing plans is the best way for Victorians to avoid paying too much for their energy.

• Victoria is home to a range of energy plans. If your current plan doesn’t offer a discount or a cheap price per kilowatt-hour, now is the time to compare. Why? Victoria has a competitive energy market and there are so many plans available.
• You can choose different gas and electricity retailers. Rather than bundling your energy together, you have the option of comparing a range of plans to find a great deal for both gas and electricity, giving you more ways to save.
• There may be discounts available. Many Australian customers haven’t compared their energy plan in years, which means the original discounts they received could have expired. Comparing plans can help you find a new discount on your energy usage.

It’s easy to find competitive pricing on an energy plan that suits your needs and household budget. So, whether you’re looking for a solar feed-in tariff in VIC for your home, or simply after a better deal, try our energy comparison service today to get started.

Victoria’s energy market is deregulated, meaning a range of energy providers (also called retailers) compete for your business. With more companies offering energy plans, a higher level of commercial rivalry typically results in more competitive energy pricing as providers try to attract more customers.

You could save on your power and gas bill by simply comparing a range of electricity and gas plans in Victoria and switching to a provider that satisfies your energy needs at a cost that better suits your household’s energy needs and budget.

The Victorian Default Offer (VDO) was established by the Essential Services Commission (the energy regulator) and is a regulated price set annually to protect customers from paying too much for their electricity.

The VDO sets a benchmark price for electricity standing offers, while market offers (also known as retail offers) may be priced higher or lower than the VDO. This means some retailers will change their electricity prices change from 1 July.

Essentially, the VDO provides a helpful reference point for customers comparing different plans to choose ta great value option for their home.

The VDO prices for residential customers on a flat rate tariff in the 2026-2027 period are¹:

The VDO prices for residential customers on  two and three-period time of use tariff in the 2026-2027 period are¹:

No, there is no longer a minimum solar feed-in tariff set in Victoria. The Victorian government removed the regulated minimum in June 2025, as high volumes of rooftop solar generation during the day meant that the electricity had become worth close to zero at that time². It came into effect from July 2025.

An electricity distributor is a company (or entity) that is 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 who you should contact, not your retailer.

The below table lists Victoria’s electricity distributors. Keep in mind, while you can switch retailers in Victoria, you cannot switch distributors.

Electricity providers (also known as retailers) are the companies that sell you your electricity, while distributors supply it. While you can’t switch your distributor, you can switch providers easily.

Compare The Market currently compares a range of plans from the below energy retailers:

• AGL
• Alinta Energy
• Energy Australia
• ENGIE
• LUMO Energy
• Origin Energy
• OVO Energy
• Red Energy

Note: 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.

Below is other electricity retailers in Victoria.

• 1st Energy
• Amber Electric
• Arcline by RACV – Energy
• Blue NRG
• CovaU Energy
• Diamond Energy
• Dodo Power & Gas
• Energy Locals
• Flow Power
• GloBird Energy
• Indigo Power
• Kogan Energy
• Momentum Energy
• Nectr
• Next Business Energy
• Powershop
• Sumo
• Tango Energy

The information provided above is based in the postcodes of 3000 and 3220 and is accurate as of June 2026. Data sourced from Victoria Energy Compare, Victorian Government.³

There is not such “best” energy provider.  Ultimately the best energy provider in Melbourne for you will vary depending on your specific household needs, financial situation, distributor and tariff.

For one household, the “best” energy provider in Victoria may be the one offering the cheapest flat rate tariff while for another household, the “best” provider may be one with the most flexible plan.

Each individual electricity and gas provider in Melbourne has different energy offers, with varying rates, discounts and conditions (e.g. exit fees).

Consider your situation when looking for the most suitable provider for you.

You can get a free quote from our energy comparison service, where you can compare a range of plans and providers and the daily supply charge, usage charges, estimated energy costs, exit fees (if any) and more!

Gas distributors are companies that own and maintain the gas pipelines, meters and network systems. They are responsible for new connections, infrastructure safety and responding to emergencies (such as leaks).

There are only three natural gas distributors in Victoria: AusNet Services, Australian Gas Networks and Multinet. Each distributor supplies gas to a separate section of the state:

• AusNet Services (Western Victoria)
• Australian Gas Networks (North, east and south Melbourne, plus the Mornington Peninsula)
• Multinet (Inner and outer eastern Melbourne suburbs, the Yarra Ranges and South Gippsland).

Yes, there are some dual fuel providers in Victoria. Dual fuel providers are energy providers that offer electricity and gas as a combined plan, while others provide these utilities separately.

For example, one provider may offer electricity in all suburbs in Victoria but they may not offer gas to suburbs in Melbourne’s East. To find out which providers offer energy in your area, use our energy comparison service.

The electricity and gas providers in Victoria below offer both as bundles and separate plans and a compared by Compare The Market. However, you may not have access to both from the same provider, depending on where you live.

• AGL
• Alinta Energy
• Energy Australia
• ENGIE
• LUMO Energy
• Origin Energy
• OVO Energy
• Red Energy

Note: 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.

• Below is other electricity and gas retailers in Victoria.
• 1st Energy
• Arcline by RACV – Energy
• CovaU Energy
• Dodo Power & Gas
• Energy Locals
• GloBird Energy
• Kogan Energy
• Momentum Energy
• Powershop
• Sumo
• Tango Energy

The information provided above is accurate as of June 2026. Data sourced from Victorian Energy Compare, Victorian Government.³

While everyone’s electricity needs and bills are going to be different, we’ve provided a snapshot of the cheapest plans available from electricity suppliers in Melbourne which can help give you an idea of how much electricity could cost you.

You can compare available energy plans in minutes free for you through our comparison service too.

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 and not on a controlled load in the postcode of 3000 and are accurate as of June 2026. Data sourced from Victorian Energy Compare, Victorian Government⁴. Plans, prices and eligibility criteria are subject to change.

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 one-size-fits-all and your own energy bills could differ depending on how much you use, this snapshot can help you understand what to expect.

Compare energy plans in Victoria from available providers on our comparison service free for a more detailed comparison.

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 June 2026. Data sourced from the Victorian Energy Compare, Victorian Government.⁴  Plans, prices and eligibility criteria are subject to change.

Energy bills in Victoria feature both supply and usage charges:

• Supply charges.This is a daily fee that covers the cost of your distributor supplying electricity or gas to your house or small business.
• Usage charges.These represent the actual amount of energy you use during a billing period and are measured by kilowatt-hours (kWh) for electricity or megajoules (MJ) for gas.

These charges will vary depending on your energy distributor, your energy provider and the type of tariff that you’re on.

The different types of electricity tariffs in Victoria are single rate tariffs, time of use tariffs, demand tariffs, controlled load tariffs and solar feed-in tariffs.

• Single rate tariffs.A single rate tariff (also known as ‘peak’, ‘flat rate’, ‘general usage’ and ‘anytime’ on your electricity bill) is the most common tariff type in Victoria. This tariff charges you the same rate no matter when you use your power.
• Time of use tariffs. With these tariffs you will have different electricity rates depending on what time of day you use electricity. In Victoria, these are divided into ‘peak’, ‘off-peak’ and ‘solar soak’ rates.
• Demand tariffs.These tariffs charge you based on how much electricity you use during peak demand times, as an additional charge applied on top of the supply and usage charges. FFrom 1 July 2026, these tariffs are no longer available to residential customers.Controlled load tariffs. Also known as a two-rate tariff or dedicated circuit, controlled load makes it possible for the retailer to charge you a rate for certain appliances in your home separately from the rest of your home. Controlled load tariffs are typically used for electric hot water systems or underfloor heating that often run during off-peak periods or overnight.
• Solar feed-in tariffs. Victorians who own solar panels can also receive a feed-in tariff (FiT). This appears as a bill credit for the energy your panels produce and send back into the grid.

Types of gas tariffs in Victoria include block rate tariffs, seasonal gas tariffs and flat rate tariffs. These are:

• Block rate tariffs.A block rate tariff charges you for gas usage in various block rates based on your usage. Typically, you’ll pay one rate for the first ‘block’, then a second rate if your gas usage exceeds a certain amount.
• Seasonal gas tariffs.For gas, the price can change depending on the season. This is because gas is often used for heating and peak demand typically occurs in the winter months. Peak season tariffs mean you’ll pay more for gas in winter and less in summer.
• Flat rate tariffs.With this tariff, you’ll pay the same rate no matter how much you use or what season you’re in.

Yes, there are various energy concessions and rebates available to eligible Victorians. Eligible Victorians can receive a concession from the Victorian Government to help pay their household utility bills, with eligibility factors including:

• being on a fixed or low income
• holding a Centrelink Pension Concession Card
• holding a Health Care Card
• holding a Veteran’s Affairs Veteran Gold Card or Veterans’ Affairs Pensioner Concession Card⁵.

Concessions you may be eligible for include (but may not be limited to):

• annual electricity concession
• controlled load electricity concession
• electricity transfer fee waiver concession
• energy bill relief fund
• excess electricity concession
• excess gas concession
• life support concession
• medical cooling concession
• non-mains energy concession
• Utility Relief Grant Scheme
• winter gas concession.

Yes, solar incentives and rebates are available in Victoria. When looking into solar batteries, you should check what concessions, rebates and loans may be available through government initiatives.

Occasionally, you may be able to access solar battery rebates to help with the cost of installing a solar system. At the time of writing (June 2026), the Victorian government is offering a Cheaper Home Batteries Program, which provides a subsidy of up to 30% off the cost of a home battery for installations that have begun from 6 April 2025.⁶ It covers batteries with a capacity of 5-50 kWh and is capped at one per household.

Some retailers may also offer incentives and rebates or cover the up-front cost of installation for solar batteries, though they may require you to enter a contract with that provider for a set period.

If you’re on the Victorian Default Offer (VDO), the average electricity bill is estimated to be $1,629 for residential customers and $3,448 for small business customers, based on the average usage consumption per annum (4000 kWh for residential and 10,000 kWh for small business customers).⁷ However, you may be able to pay a lot less than this by comparing and choosing a more competitive market offer.

Your average bill may also vary significantly from the state’s average depending on several factors, such as:

• the number of people in your household
• your energy usage habits
• what tariff you’re on
• who your energy and gas providers are
• who your distributor is
• what energy plan you’re on
• what incentives, discounts or concessions you’re eligible for
• if you have a solar power system.