In Queensland, the way your electricity is supplied and priced depends on where you live. In South East Queensland, including major cities like Brisbane, Gold Coast, and Sunshine Coast, there’s a competitive electricity market. This means you have a choice between different energy retailers offering various market offers. The government sets a Default Market Offer (DMO) as a reference point for prices. Think of it as a safety net, ensuring electricity prices stay fair.
In regional Queensland, things work a bit differently. Here, the Queensland Competition Authority regulates electricity prices, and the government subsidises the cost to keep prices similar across the state.
No matter where you are, GoSwitch is here to help you understand the Queensland electricity market and find the best energy retailer for your needs.