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How to Compare Energy Providers & Rates

Why Is It Important to Compare Energy Providers?

If you haven’t compared and switched energy plans or providers in the past year, you’re likely paying too much for your energy. That's because the typical life span or "benefit period" of an energy plan is around 12 months. After this time frame has passed, most providers quietly roll you over to a more expensive plan.

Therefore, the best way to save money on your gas or electricity bills is to compare and re-negotiate your energy plan every time your contract ends. When comparing energy plans, it's important to remember that there is no one-size-fits-all plan to save money. Prices vary depending on your location and usage so remember to compare energy prices using details from a previous bill to find the best plan for your home, or call our comparison advisors and they'll take care of the process for you.

What Info Do You Need for Comparing Energy Plans?

To compare energy providers, you will need to know your annual energy consumption, and current tariff and/or energy plan. This information can be found on your utility bill. If you’re unsure of your current energy tariff or usage, you can find more information in Selectra’s Average Electricity Bill guide.

How to Make the Switch to a New Energy Provider

To switch energy providers, you can contact the provider directly or give our Selectra comparison agents a call and they'll walk you through the entire process over the phone.

To make the switch as fast as possible you should have the following details ready :

  1. The account holder's name and address
  2. Meter and tariff type
  3. Your current energy provider and plan
  4. Annual household energy consumption

Switching energy providers should take around 20 minutes to complete over the phone. Once you have signed up for a new plan, by law you have a 10-day cooling-off period to cancel the plan with no charges before the switch happens in case you change your mind.

Once your cooling-off period is over your new energy provider will handle the entire switching process and open your new account. It's important to remember that you will not lose your energy connection when the switchover takes place. In fact, you won't even notice it has happened until your previous energy provider contacts you with your final bill once the switchover has finished.

What Does 'Discount off the Reference Price" Mean?

The Reference Price (also known as the Default Market Offer or DMO, or Victorian Default Offer or VDO) is a benchmark for electricity prices set by the government to help customers make wise purchase decisions regarding their energy. It is basically a way of marking what the government considers to be a "fair price" for electricity.

When you are looking to compare and switch energy providers, the DMO can be used as a reference for comparing several energy plans from multiple providers to help you find the best deal. For people who prefer to stay out of the energy market and not negotiate their energy rates, the DMO protects them from paying unfairly high energy prices. You can find more information about the Reference Price in our guide.

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Selectra Australia FAQ

Who is Selectra?

Selectra was created in 2007 by founders Aurian de Maupeou and Xavier Pinon with the initial aim of helping French customers save on their electricity and gas bills following the deregulation of the French gas and electricity markets. Selectra since expanded, and is now in more than 16 countries. Selectra Australia first opened in 2019 to help Australians sign up for home energy and broadband deals. Learn more about the history of Selectra here.

The Selectra Mission

Here at Selectra, we help you compare, switch, and sign up for energy and home broadband deals without the hassle.

Getting clear information about deals on broadband, tv, and home energy can be confusing and comparing offers can often be time-consuming. Selectra strives to provide a one-stop solution for people interested in signing up for a different and cheaper energy or broadband provider. We believe that looking for a cheaper deal shouldn’t be a challenge, and therefore aim to make the process as easy as possible by saving people time and money. We aim to offer customised quotes from partners, offer clear information about the energy and broadband products we compare, and work closely with our partnerships in order to ensure great service to you, the customer.

Is Selectra’s Service Free to Use?

Selectra’s Service is free to use for customers because we receive a commission from our affiliates and partner providers for connecting them with new customers.

This does NOT affect the price for the customer. Customers can visit the Selectra AU website and call our Energy and Broadband teams or affiliate partnerships without charge. Any commission we receive does not influence the recommendations Selectra provides its customers. We strive to ensure all customers have a positive experience and are satisfied with the service they receive.

Does Selectra Work with All Providers & Retailers on the Market?

Selectra does not work with all providers and retailers on the market. Instead, we offer a selection of products and providers carefully chosen based on criteria including; customer service, value for money, and renewable initiatives & green energy. For more information about our partner providers, affiliates, and partnerships, visit our legal page.

Our Privacy Policy

Your privacy is important to us and we want our customers to feel safe and secure using our website. We encourage you to read our Privacy Policy to better understand how we collect, store, and use your data for the purpose it was collected. You can find more information about our Privacy and Cookie Policies here.

What to Do if You Find Misleading or Incorrect Information on Our Website

All content on Selectra Australia is believed to be accurate at the time of publication. However, due to changes in prices and suppliers over time, there may be inaccurate or outdated information on some of our pages. If you find any inaccuracies, please inform us by contacting Selectra Australia. Your feedback is appreciated and will help us provide the best experience for all our customers. At Selectra, we always strive to provide the most accurate information and comparison of services, products, and providers. We have an in-house team of content writers who aim to provide the best possible experience on our website.


Selectra provides all content and comparisons on its website in good faith. Selectra holds no liability for the accuracy of information found on the website due to changes in prices in information over time. Any information found on this website does not constitute the basis for a contractual agreement or quote. If you have any further questions, do not hesitate to contact Selectra Australia at [email protected].