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Best Electricity Providers in Australia

Choosing the “best” electricity provider in Australia is a personal choice, and depends on what “best” means for your household and lifestyle. For many, the best electricity provider is one with the cheapest energy rates to save you money, but others might think the best electricity provider is the one with the best rated customer service, or the best solar feed-in-tariff. No matter what you define as “best”, you can find a breakdown of electricity providers within the Australian National Electricity Market that might be defined as the “best” to help you compare and switch to the best deal for you.


Who is the best electricity provider in Australia?

“Best” is a subjective measurement, and the best electricity provider for you might not be the best for someone else. If you live in the National Electricity Market, you can compare energy providers and switch to a better plan, whenever you want. This means that most Australians living within the market have ample choice and freedom when it comes to finding the best electricity provider in Australia, and if their choice in provider is no longer offering them a good deal, they can switch again.

Within the National Electricity Market, those living in New South Wales, Victoria, South Australia, and South-East Queensland have full retail contestability available to them, while those in the ACT and Tasmania have more limited options available. Outside of the NEM, only natural gas is contestable in Western Australia, and the Northern Territory, while deregulated, has yet to see full contestability implemented.

Cheapest electricity in Australia

For many, lowering their energy bills and saving money is top priority, and choosing a cheap electricity provider with big discounts and low rates is the easiest way to achieve this. If your idea of the best electricity provider in Australia is also the cheapest, you can find more information below.

Best electricity providers in Australia: Cheapest plans and providers
New South Wales Victoria South-East Queensland South Australia
Mojo Power All Day Breakfast
30.5% discount
$1,016 / year
Powerclub Powerbank Home Flat
23% discount
$1,093 / year
ReAmped Energy Advance
26% discount
$1,111 / year
ReAmped Energy Advance
23% discount
$1,406 / year
Nectr Friends Clean
20% discount + $100 bill credit
$1,067 / year
GloBird Energy EasySave
21% discount
$1,109 / year
Mojo Power All Day Breakfast
25.45% discount
$1,124 / year
GloBird Energy EasySave
21% discount
$1,437 / year
ReAmped Energy Advance
27% discount
$1,912 / year
OVO Energy The One Plan
18% discount
$1,170 / year
Nectr Friends Clean
17% discount + $100 bill credit
$1,149 / year
Energy Locals
20% + 3% pay on time discount
$1,462 / year
Tango Energy Home Select
26% discount
$1,084 / year
Elysian Energy The Good Life
16.8% discount
$1,178 / year
Sumo Assure Advantage
20% discount
$1,201 / year
Powerclub Powerbank Home Flat
23% discount
$1,414 / year
OVO Energy The One Plan
24% discount
$1,114 / year
Lumo Energy Basic
16% discount
$1,198 / year
Powerclub Powerbank Home Flat
20% discount
$1,208 / year
OVO Energy The One Plan
21% discount + $100 bill credit
$1,455 / year

Source: Provider websites. Rates for the capital city for each state listed (postcodes 2000, 3000, 4000, 5000 respectively). Estimated annual cost based on the average estimated usage for the Default Market Offer for each distribution network. Costs vary depending on location and usage and are subject to change.

Best rated electricity in Australia

It’s often the case that we’re not always happy with our utility providers; whether that's energy, internet, or whatever else you might need in your home. It’s also a fact that we’re often more likely to post a review about a negative experience over a positive one, so finding highly rated energy providers can be difficult. Below, we’ve compiled the top-rated electricity providers in Australia, from reviews found across the web, so you can choose an electricity provider that will go above and beyond and ensure that when things go wrong the issue is addressed and fixed as efficiently as possible.

Energy Provider Star Rating Positives Negatives
Nectr 4.8 / 5
  • Good communication
  • Simple billing
  • Helpful customer service
  • Occasional billing errors
Diamond Energy 4.3 / 5
  • Transparent billing
  • Renewable energy
  • Efficient customer service
  • High bills and bill shock
Sumo Energy 3.5 / 5
  • Good customer service
  • Fix problems quickly
  • Transparent
  • Inexplicable price hikes
Enova Energy 4.8 / 5
  • Ethical
  • Friendly customer service
  • Community-based
  • Possible discrepancies between estimated price and actual bills
CovaU 4.4 / 5
  • Fast connections
  • Excellent customer service
  • Efficient problem resolution
  • Potential billing and meter issues

Source: TrustPilot, Product Review, Google Reviews, Facebook business reviews. Star rating based on average across all review sources.

Best solar feed-in-tariffs in Australia

While many choose an energy provider with low rates, or big discounts, if you have solar you might be more interested in a solar feed-in-tariff. Most energy providers either offer a steep discount, or high solar feed-in-tariff, and choosing which is best for you is a matter of your personal lifestyle and energy habits. In general though, if you have a solar PV system over 5kW and don’t consume much energy during the day, you might be better off with a higher solar FiT. Below, we outline not only the energy providers with the best solar FiT, but also the best solar energy plans you can sign up for, helping you save even more.

Best plans for solar energy

Most energy providers offer a solar feed-in-tariff, so no matter your plan you’ll generate something for the solar you export to the grid. A few energy providers, however, offer more than the standard solar feed-in-tariff, available through their solar energy electricity plans. Here you can find some of the best solar energy plans on the market, if you’re interested in maximising your solar returns.

Origin Energy Solar Boost Plus

Origin Energy offers between 6c - 10c per kWh solar FiT on all their standard energy plans. If you’re interested in investing in solar energy, however, customers who choose to purchase and install solar panels with Origin Energy could get between 18c - 22c per kWh with their Solar Boost Plus plan. For those who already have solar panels, though, Origin Energy Solar Boost offers up to 15c/kWh for exported solar energy.

AGL Solar Savers

AGL is one of the few energy providers that not only offers an above average solar feed-in-tariff but also an additional discount off the reference price. Customers who opt for AGL Solar Savers can get up to 17c/kWh for their solar export, in addition to a 2-3% additional discount off the reference price.

Diamond Energy GridCredits100

While not exactly a solar energy plan, Diamond Energy offers its customers with battery storage a special GridCredits100 program. With GridCredits100, during certain times of the year, Diamond Energy will release all electricity stored in your solar battery storage system at 100c/kWh. The number of GridCredit100 events depends on a number of factors including demand on the energy grid and during the rest of the year you will receive Diamond Energy’s standard solar FiT.

ReAmped Solar

ReAmped Solar is available to customers in New South Wales, Queensland, and South Australia, offering between 17c and 21c per kWh (for the first 5kWh exported) to households with solar panels. If you’re looking for a bigger discount while still getting something for your solar, however, ReAmped Advanced offers some of the cheapest electricity rates on the market, with a lower feed-in-tariff.

Best solar feed-in-tariff in Australia by state

If you’re just shopping around for a new energy provider that offers a competitive solar feed-in-tariff, you can find the best electricity provider solar feed-in-tariffs by state, below.

Solar FiT in NSW
Provider Minimum FiT Maximum FiT
AGL 9.5c / kWh 17c / kWh
Origin Energy 7c / kWh 20c / kWh
Amaysim Energy 10c / kWh 16c / kWh
Solar FiT in ACT
Provider Minimum FiT Maximum FiT
Energy Locals 10c / kWh 16c / kWh
EnergyAustralia 10.5c / kWh 10.5c / kWh
ActewAGL 8c / kWh 11c / kWh
Solar FiT in VIC
Provider Minimum FiT Maximum FiT
Origin Energy 10.2c / kWh 16c / kWh
Momentum Energy 12c / kWh 13.5c / kWh
Click Energy 12c / kWh 13c / kWh
Solar FiT in QLD
Provider Minimum FiT Maximum FiT
Red Energy 6c / kWh 16.1c / kWh
AGL 8c / kWh 15c / kWh
Origin Energy 6c / kWh 14c / kWh
 
Provider Minimum FiT Maximum FiT
Click Energy 10c / kWh 17c / kWh
Amaysim Energy 10c / kWh 16c / kWh
AGL 12.4c / kWh 16c / kWh

Biggest electricity providers in Australia: AGL, EnergyAustralia, Origin Energy

While there are over 30 different electricity providers in the National Electricity Market in Australia, there are three energy providers that are household names. The Big Three, which is composed of AGL, EnergyAustralia, and Origin Energy, hold over 60% of the energy market share combined. Below, we outline The Big Three’s energy plans, so you can see if one of these household names is the best electricity provider for you.

AGL Electricity Plans
AGL Essentials AGL Essentials Savers AGL Solar Savers
  • Fixed rates for 12 months
  • $100 sign-up credit
  • 12 month benefit period
  • Flexible billing options
  • $100 sign-up credit
  • Variable rates
  • 12 month benefit period
  • Flexible billing
  • Discount + high solar feed-in-tariff
  • $50 sign-up credit
  • Variable rates
  • 12 month benefit period
  • Flexible billing options
  • Up to 17c / kWh solar FiT
EnergyAustralia Electricity Plans
EnergyAustralia Basic Home EnergyAustralia No Frills EnergyAustralia Total Plan
  • Standard rates with no discounts (Default Market Offer)
  • 100% carbon neutral
  • Low usage rates
  • $75 sign-up credit
  • 100% carbon neutral
  • Fixed rates for 12 months
  • Total-bill discount
  • $75 sign-up credit
  • 100% carbon neutral
  • Fixed rates for 12 months
Origin Energy Electricity Plans
Origin Go Origin Flexi Origin Home Support
  • Collect Origin Everyday Rewards points for every $1 on your energy bill
  • 5,000 Everyday Rewards bonus on sign-up
  • 25% GreenPower at no extra cost
  • 12 month benefit period
  • Fixed rates for 12 months
  • Flexible billing options
  • Flexible billing and payment options
  • 12 month benefit period
  • Simple discounts
  • Same as the Default Market Offer
  • 12-month Allianz Global Assistance (AGA) Emergency Home Assistance membership
  • Up to $300 each towards two callouts
  • 24/7 access to qualified Allianz tradespeople
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