Helping You Find Melbourne’s Cheapest Gas And Electricity Plans
Victoria has fierce competition between retailers as the first state to deregulate prices and is one of the country’s energy powerhouses. Let’s do a quick energy comparison in Victoria.
Victoria has fierce competition between retailers as the first state to deregulate prices and is one of the country’s energy powerhouses. Let’s do a quick energy comparison in Victoria.
There are five electricity providers in Melbourne and Victoria: AusNet Services, Citipower, Jemena, Powercor Australia, United Energy Distribution.
Your location determines your distributor. Even so, there are a range of retailers you can choose from that participate in the Energy and Water Ombudsman Victoria (EWOV) scheme. Some of the big names include Origin, Red, Simply Energy and a whole range of others. Consumers are free to compare retailer prices. However, the government brought in deregulation legislation. This leads to more competition in the market, which should drive prices down further. Econnex Comparison supplies clients with the information to find the cheapest gas and electrical energy providers for them in Melbourne, Vic, and NSW.
If you have a concession card, there are a number of concessions and rebates available to you including:
Victoria’s Energy Saver Incentive Scheme
If you don’t have a concession card, you still may be eligible for the Victoria’s Energy Saver Incentive Scheme.
In order to take advantage of pricing benefits, first, check your current tariff rate. Your electricity tariff is the pricing structure that determines how much you are charged for energy. For example this includes:
Demand based tariffs are now also available, and may be suitable for your needs.
Want to choose a new retailer? Click here to compare energy prices in Victoria.
Similar to electricity, three companies distribute gas in Melbourne and Vic. These are AusNet Services, Australian Gas Networks, and Multinet Gas. They are all part of the EWOV.
10% of customers have remained on a standard plan since the government deregulated pricing. If you haven’t compared in a while, now is the time.
Concession card holders may be eligible for:
Your distributor is determined by where you live, but you can choose from a range of retailers. Those who are members of the EWOV include big names such as: Origin, Red, Simply Energy and a whole range of others. Click here to compare.
You can choose a gas retailer for a lower rate – click here to compare.
To learn more about our services, don’t hesitate to get in touch with us through our online enquiry form.
As of 2nd June 2022, here are the top 20 cheapest electricity deals in VIC. These costs are for the Citipower network in Melbourne but rates may vary depending on your circumstances like your distributor, your meter type, and actual usage. This comparison is for a residential customer on a single-rate tariff. Please use our extensive comparison platform for electricity comparison in Victoria and to see cheap energy plans in our database that may be available. Our database may not include all energy plans in your area.
Provider | Plan | 2-3 People 2 Rooms | |
---|---|---|---|
OVO Energy | The One Plan | $1,030 | Compare Now |
Tango Energy | Prepay & Save | $1,040 | Compare Now |
ReAmped Energy | Handshake | $1,040 | Compare Now |
Simply Energy | VIC Simply Blue Perks 23% offelec | $1,060 | Compare Now |
Alinta Energy | Home Deal | $1,070 | Compare Now |
Electricity In A Box | VIC CitiPower Residential Anytime C1R | $1,070 | Compare Now |
Lumo Energy | Lumo Value | $1,080 | Compare Now |
1st Energy | 1st Super Saver | $1,080 | Compare Now |
Future X | CitiPower - Home FlatSaver | $1,100 | Compare Now |
Qenergy | MiniMe Resi_C1R | $1,110 | Compare Now |
Momentum Energy | Self Serve | $1,120 | Compare Now |
Sumo | Sumo Assure | $1,120 | Compare Now |
Powershop | 100% Carbon Neutral | $1,160 | Compare Now |
Circular Energy | Zero Member Fee Anytime | $1,180 | Compare Now |
Energy Australia | Total Plan Home | $1,190 | Compare Now |
Kogan Energy | Market Offer | $1,190 | Compare Now |
Energy Locals | Online Member 2022 | $1,200 | Compare Now |
Origin Energy | Origin Flexi Rate ePlus | $1,210 | Compare Now |
AGL | Residential Value Saver | $1,210 | Compare Now |
CovaU | Super Saver | $1,220 | Compare Now |
Arcline by RACV | Arcline by RACV - EnergyEnergy - Anytime | $1,220 | Compare Now |
Dodo | Residential Market - Single Rate | $1,230 | Compare Now |
Powerclub | Powerbank Home Flat | $1,240 | Compare Now |
Elysian Energy | Power Maximiser | $1,250 | Compare Now |
Discover Energy | Smart Saver | $1,250 | Compare Now |
Diamond Energy | Everyday Renewable Saver | $1,300 | Compare Now |
Next Business Energy | Next Assured Residential Citipower Residential Anytime | $1,310 | Compare Now |
Red Energy | Red EV Saver | $1,350 | Compare Now |
GloBird Energy | GloBird SURE SAVE Residential | $1,360 | Compare Now |
Powerdirect | Powerdirect Residential Standing Offer | $1,380 | Compare Now |
BlueNRG | Blue VDO Single Rate | $1,380 | Compare Now |
People Energy | Residential Peak Anytime | $1,380 | Compare Now |
Amber Electric | Amber Plan 15 | $1,380 | Compare Now |
If you are a low-income earner or hold a concession card you might be eligible for a rebate on your energy bills. Also known as concessions, rebates are brought in by governments to help people pay their energy bills. Some states and territories also have energy rebates for people with certain medical conditions. We’ve listed some of the rebates currently available in Victoria below.
Up to $650 toward your natural gas bill and up to $650 toward your electricity, once in a 2-year period. Households with electricity only will be eligible to receive the full $1,300 towards their account.
Low-income earners who have difficulty paying their gas and/or electricity bills.
Visit Victoria’s grants website.
17.5% of your bill (after any discounts and feed-in tariff credits have been applied).
Eligible concession card holders with a yearly electricity bill greater than $2,948 (including GST).
Visit Victoria’s Excess Electricity Concession web page.
13% of the controlled load charges for electric hot water or slab heating.
Householders with a concession card that have a home with a dual element or smart electricity meter.
The concession will automatically be applied to your bill if you are eligible and have provided a valid concession card.
To find out more, visit Victoria’s Controlled Load Electricity Concession web page.
This will depend on the annual cost of each non-mains energy source.
Concession cardholders who:
Visit Victoria’s Non-Mains Energy Concession web page.
17.5% of the electricity charges for the period 1 November to 30 April.
People with concession cards that cannot self-regulate their body temperature when it’s very hot or cold.
Visit Victoria’s Medical Cooling Concession web page.
This will be based on the usage cost before any solar credits are deducted. When the electricity use on a bill is lower than the service charge, the service charge is reduced to the cost of the electricity used.
Concession card holders with low electricity usage.
Register your concession card with your electricity retailer.
To find out more, visit Victoria’s Service and Property Charge Concession web page.
17.5% of your gas charges from 1 May and 31 October (after any discounts).
Concession card holders with a natural gas bill of more than $1,613 (incl GST) (between 1 May to 30 October 2020).
Visit Victoria’s Excess Gas Concession web page.
This rebate is calculated using the general domestic tariff of your retailer and is paid quarterly. People be eligible for a rebate equal to the cost of 1,880 kWh of electricity per year.
Concession card holders who use an eligible life support machine or have a household member who uses an eligible life support machine.
Visit Victoria’s Life Support Concession web page.
If you’re not eligible for an energy rebate, you might be able to make some savings by switching your energy plan and find a best electricity deal in Victoria – especially if you’ve been on the same plan for a long time.
See how much you could save. Compare electricity retailers VIC.
Victoria rewards residents who go solar
If you live in Victoria and you’re going solar, you’re lucky. Victoria still offers a good range of incentives for residents to install solar panels and solar batteries. There are rebates available for both homes and rental properties. Plus, there is an interest-free loan to assist people with purchasing a photovoltaic solar system. So, if you’re thinking about going solar, check out the details below.
Apply online at the Solar Victoria website.
Apply online at the Solar Victoria website.
Apply online at the Solar Victoria website.
Apply online at the Solar Victoria website.
Apply online at the Solar Victoria website.
Did you know solar feed-in tariffs can also help you save money on your energy bills? Also known as ‘solar tariffs’ or ‘buy back rates’, feed-in tariffs give you money back for any surplus solar power you export to the electricity grid.
To find out more, see Using solar feed-in tariffs to save.
For more information on going solar, see A little guide to solar.