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Compare the Cheapest Electricity Plans & Providers in Australia

Cheapest electricity

Perhaps the single biggest factor when it comes to switching energy providers in Australia is cost. The price of energy is on the rise and by comparing energy plans and switching to a better deal, you can save money on your energy bills. It can be overwhelming to try and compare the 30+ energy providers in Australia, however, but with Selectra you can easily find the best electricity provider in your state and switch today.


Why should I compare electricity plans to find a cheaper energy provider?

Looking to compare gas providers? Compare the best gas providers and cheapest gas providers in Australia

Most energy plans are on what is called a benefit period, meaning the amount of time you'll receive discounts or incentives on your energy bill. This benefit period usually lasts a year, though some providers have benefit periods of up to three years, and once it expires you'll often be put on the Default Market Offer, which usually comes with higher energy rates. By comparing energy plans regularly, and switching to a cheaper energy provider, you could save hundreds of dollars per year on your electricity and gas bills.

Compare cheapest electricity NSW

Not all energy providers in New South Wales are the same and not all offer the same discounts and rates. Here, you can find all the cheapest energy providers in New South Wales, to help you compare plans and prices to find the best deal for you. When comparing energy providers in New South Wales, you’ll want to pay attention to the discount off the reference price. This discount shows how much less a provider’s electricity plan is, compared to the reference price for your energy distributor network. Below, you will find a list of energy providers in New South Wales, along with their cheapest electricity plan and the discount off the reference price for that plan, as well as the estimated annual cost based on the average annual electricity usage for your network.

List of cheapest electricity providers in New South Wales
Energy provider Plan name % off the reference price Estimated annual cost
ReAmped Energy ReAmped Advanced 32% discount $994 / year
Mojo Power All Day Breakfast 31.67% discount $999 / year
GloBird Easysave 31% discount $1,006 / year
Nectr Friends Clean 20% discount
+ $100 bill credit
$1,017 / year
Tango Energy Home Select 26% discount $1,084 / year
Kogan Energy Market Offer 26% discount $1,089 / year
Alinta Energy HomeDeal Electricity 25% discount $1,101 / year
Ovo Energy The One Plan 24% discount $1,114 / year
Powerclub Powerbank Home Flat 24% discount $1,115 / year
Energy Locals Online Member 24% discount $1,116 / year
Sumo SumoAssure 22% discount $1,138 / year
Momentum Energy SmilePower Flexi 21% discount $1,150 / year
Simply Energy Simply NRMA 21% discount $1,151 / year
AGL Essentials 21% discount $1,155 / year
Powershop Shopper 14% discount
+ 6% discount with Mega Pack
$1,176 / year
Click Energy Lily Plus 19% discount $1,184 / year
Origin Energy Origin Go + Everyday Rewards 18% discount $1,199 / year
Dodo Market Offer 17% discount $1,206 / year
EnergyAustralia Total Plan 16% discount $1228 / year
Enova Energy Community Plus 15% discount
+ 3% pay-on-time discount
$1,209 / year
Elysian Energy Simple Plan 12.4% discount
+ 3.1% pay-on-time discount
$1,235 / year
Red Energy Living Energy Saver 15% discount $1,240 / year
1st Energy 1st Saver Plus 3% discount
+ 10% pay-on-time discount
$ 1,267 / year
Diamond Energy Everyday Renewable Saver 3% discount
+ 4% pay-on-time discount with direct debit
$1,354 / year
Amber Electric Amber Plan Wholesale rates - discounts vary $1,462 / year

Source: Energy providers basic plan. Rates valid within Ausgrid Distribution Network on a single-rate tariff. Estimated annual cost includes conditional discount and are based on average usage of 3,900kWh/year. Discounts and rates vary depending on location. Valid February 2021.

Compare cheapest electricity company VIC

If you’re interested in finding the cheapest electricity plans in Victoria, you’re going to want to pay attention to the discount off the reference price. This discount shows how much less (or in some instances more) you will be paying compared to the government-set Victorian Default Offer. Below you’ll find a list of electricity providers in Victoria, along with their cheapest available electricity plan, the discount off the reference price, and estimated annual cost for the average energy usage for that postcode.

List of cheapest electricity providers in Victoria
Energy provider Plan name % off the reference price Estimated annual cost
Powerclub Powerbank Home Flat 16% discount $1,061 / year
GloBird Energy EasySave 16% discount $1,065 / year
Simply Energy Simply Blue 16% discount $1, 066 / year
Kogan Energy Market Offer 16% discount $1,069 / year
Momentum Energy Self Serve 14% discount $1,095 / year
Click Energy Holly 13% discount $1,105 / year
EnergyAustralia Total Plan 11% discount
+ $25 sign-up credit
$1,105 / year
Diamond Energy Everyday Renewable Saver 2% discount
+ 10% pay-on-time discount with direct debit and eBilling
$1,117 / year
Tango Energy Home Select 12% discount $1,123 / year
AGL Essentials 11% discount $1,128 / year
1st Energy PrePaid Value 10% discount $1,132 / year
Origin Energy Origin Go + Everyday Rewards 10% discount $1,145 / year
Alinta Energy Home Deal 10% discount $1,147 / year
Energy Locals Local Member 9% discount $1,162 / year
Lumo Energy Value 8% discount $1,162 / year
Powershop 100% Carbon Neutral 8% discount $1,168 / year
OVO Energy The One Plan 8% discount $1,170 / year
Sumo Sumo Assure 7% discount $1,175 / year
Dodo Market Offer 7% discount $1,176 / year
Elysian Energy Monthly Energy Plan 7% discount $1,180 / year
Red Energy Living Energy Saver 1% discount $1,257 / year
Amber Electric Amber Plan Wholesale rates - discounts vary $1,270 / year

Source: Energy providers basic plan. Rates valid within Citipower distribution network on a single-rate tariff. Estimated annual cost includes conditional discount and are based on average usage of 4,000kWh/year. Discounts and rates vary depending on location. Valid February 2021.

Compare cheapest electricity QLD

While those living in regional or rural Queensland don’t have the ability to choose their energy provider, with their electricity both retailed and supplied by Ergon Energy, those who live in South-East Queensland enjoy full retail contestability. If you live in South-East Queensland, you can choose your energy provider, allowing you to find the cheapest electricity in Queensland so you can make sure you’re saving as much as you can on your energy bill. Here you can find the cheapest electricity providers and plans in South-East Queensland. Electricity providers are listed alongside their cheapest electricity plan, as well as the discount off the reference price, and estimated annual cost based on the reference price and average annual usage for those in the distribution network.

List of cheapest electricity providers in Queensland
Energy provider Plan name % off the reference price Estimated annual cost
ReAmped Energy ReAmped Advance 30% discount $1,059 / year
Mojo Power All Day Breakfast 28% discount $1,090 / year
Elysian Energy Super Simple Plan 27% discount $1,100 / year
Nectr Friends Clean 17% discount
+ $100 bill credit
$1,149 / year
Momentum Energy Self Serve 23% discount $1,165 / year
GloBird Glosave 14% discount
+ 8% pay-on-time with direct debit
$1,191 / year
Sumo Sumo Assure Advantage 20% discount $1,201 / year
Kogan Energy Market Offer 20% discount $1,205 / year
Simply Energy Simply NRMA 20% discount $1,206 / year
Powerclub Powerbank Home Flat 20% discount $1,208 / year
OVO Energy The One Plan 18% discount $1,235 / year
Energy Locals Online Member 14% discount
+ 3% pay-on-time discount
$1,244 / year
AGL Essential 17% discount $1,251 / year
Click Energy Myrtle 17% discount $1,251 / year
Origin Energy Origin Go + Everyday Rewards 17% discount $1,252 / year
EnergyAustralia Total Plan 14% discount $1,272 / year
Powershop Shopper 9% discount
+ 6% with Mega Pack
$1,285 / year
Alinta Energy HomeDeal 14% discount $1,297 / year
1st Energy 1st Saver Plus 2% discount
+ 10% pay-on-time discoun
$ 1,320 / year
Diamond Energy Everyday Renewable Saver 2% more
8% discount when paid on time with direct debit
$1,388 / year
Red Energy Living Energy Saver 7% discount $1,410 / year
Red Energy Living Energy Saver 7% discount $1,410 / year
Dodo Market Offer 4% discount $1,453 / year
Amber Electric Amber Plan Wholesale rates - discounts vary $1,508 / year

Source: Energy providers basic plan. Rates valid within Energex distribution network on a single-rate tariff. Estimated annual cost include conditional discount and are based on average usage of 4,600kWh/year. Discounts and rates vary depending on location. Valid February 2021.

Compare cheapest electricity SA

South Australia has some of the highest electricity costs in the country, which makes finding the cheapest electricity plans all the more important. Here, you can find some of the cheapest electricity plans available, helping you save money on your energy bills. Electricity plans in South Australia are compared using the discount off the reference price, which is set by the government and based on your distribution network. Below, you will find the cheapest electricity providers and plans in South Australia, along with the estimated annual cost for the average electricity usage in your area, and the discount you can expect with that electricity plan.

List of cheapest electricity providers in South Australia
Energy provider Plan name % off the reference price Estimated annual cost
GloBird Energy Glosave 23% discount when paid on time with direct debit $1,395 / year
ReAmped Energy ReAmped Advance 24% discount $1,401 / year
Energy Locals Online Member 20% discount
+ 3% pay-on-time discount
$1,411 / year
Powerclub Powerbank Home Flat 23% discount $1,414 / year
Kogan Energy Market Offer 22% discount $1,426 / year
OVO Energy The One Plan 21% discount $1,455 / year
Powershop Shopper 13% discount
+ 5% with Mega Pack
$1,497 / year
Click Energy Flora Plus 15% discount $1,557 / year
1st Energy 1st Saver Plus 4% discount
+ 10% pay-on-time discount
$ 1,574 / year
Origin Energy Origin Go + Everyday Rewards 14% discount $1,576 / year
Simply Energy Simply RAA 14% discount $1,575 / year
AGL Essentials 13% discount $1,594 / year
EnergyAustralia Total Plan 12% discount $1,612 / year
Momentum Energy SmilePower Flexi 8% discount $1, 679 / year
Lumo Energy Plus 7% discount $1,694 / year
Diamond Energy Everyday Renewable Saver 4% more
10% discount with pay-on-time by direct debit
$1,715 / year
Elysian Energy Simple Plan 3.1% discount
+ 3.7% pay-on-time discount
$1,710 / year
Alinta Energy No Fuss Energy 4% discount $1,766 / year
Dodo Market Offer 3% discount $1,781 / year
Red Energy Living Energy Saver Equal To Reference Price $1,828 / year
Amber Electric Amber Plan Wholesale rates - discounts vary $1,832 / year

Source: Energy providers basic plan. Rates valid within SA Power Networks on a single-rate tariff. Estimated annual cost includes conditional discount and are based on average usage of 4,000kWh/year. Discounts and rates vary depending on location. Valid February 2021.

Compare electricity providers Canberra, ACT

Due to the nature of the energy market in ACT, there are only a few electricity providers who retail there. That doesn’t mean you can’t save money by switching to a cheaper electricity plan however. Here, you can find the cheapest electricity plans for each available provider in ACT, alongside their usage and supply rates, and estimated annual cost based on an average usage of 6,533kWh per year.

List of cheapest electricity providers in Canberra, ACT
Provider and plan name Daily supply charge Usage rates Estimated annual cost
Powerclub
Powerbank Home Flat
74.18c / day 19.61c / kWh $1,590 / year
Origin Energy
Go + Everyday Rewards
105.42c / day 18.49c / kWh $1,590 / year
Energy Locals
Online Member
61.00c / day 20.00c / kWh $1,630 / year
EnergyAustralia
Total Plan
88.88c / day 24.43c / kWh $1,690 / year
ActewAGL
Simple Saver
98.73c / day 20.78c / kWh $1,720 / year
Red Energy
Living Energy Saver
97.35c / day 21.68c / kWh $1,770 / year

Source: Energy providers basic plan. Rates valid within Evoenergy distribution network on a single-rate tariff. Estimated annual cost includes conditional discount and are based on average usage of 6,533kWh/year. Discounts and rates vary depending on location. Valid February 2021.

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