Cheapest Electricity - Tasmania

Tasmanian energy retailers and the Tasmanian Government work together to keep electricity prices affordable. GoSwitch shows you how to compare Tasmanian energy market prices and sort the cheapest (and the best) electricity retailers from the rest.

Electricity and natural gas in Tasmania

Published 22 May 20255 mins read

Tasmania doesn’t have as many energy retailer choices compared to other parts of Australia, but there are highly regarded and long-standing electricity and natural gas retailers serving the island. Tasmanian energy providers are incentivised to offer competitive plans with a range of discounts and rewards for home and business energy customers.

A man over the phone considering his options

Comparing the cheapest electricity plans in Tasmania

Saving a few dollars on monthly electricity bills is easy for new energy customers. Tasmania has trusted electricity retailers in Hobart and around the Apple Isle. Major TasNetworks energy retailers include 1st Energy, Aurora Energy, Nectr, Energy Locals, Tas Gas, and Solstice Energy. You can choose your own retailer or accept the safety net of the Tasmanian Economic Regulator State Government Standing Offer.

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Adaptable plans for cheaper electricity

By comparing your monthly and annual electricity tariffs and usage with previous years, you can focus on potential savings. When researching energy plans, consider:

  • Connection fees
  • Smart Meters
  • Tasmanian Government Standing Offer
  • Combined electricity and natural gas plans
  • Renewable energy and solar power feed-in tariffs
  • Rebates for electricity concession card holders
  • Discounts, incentives, and rewards

Electricity charges in Tasmania

Residential customers and small business customers will see two separate charges on their electricity bills:

        • Daily supply charge: This is a fixed daily cost for keeping your home connected.
        • Usage charge: This is how much you are charged for using electricity, shown as cents per kilowatt hour (c/kWh).

Your usage charge can vary depending on the type of tariff you’re on.

two money bags

Tasmanian energy tariffs

Cheaper electricity prices depend on the tariff rate. Average energy costs will vary depending on your retailer’s tariffs and electricity plans. Strategically using energy tariffs is a smart way to access the cheapest electricity. Tasmanian energy tariffs include:

  • Residential flat rate: You’ll pay one rate for electricity, regardless of the times you use it.
  • Peak and off-peak tariff: Also called Time-of-Use tariff. Electricity is cheaper during off-peak times and higher during peak energy-usage times.
  • Off-peak night only: This can apply to appliances like off-peak heaters and hot water systems.
  • Controlled load: This applies to separate meters for appliances such as electric hot water systems or pool pumps.
  • Solar feed-in tariff: Households with solar panels may be able to get solar feed-in tariffs for exporting electricity back to the grid.
  • Renewable energy tariff: The cost of energy from renewable electricity generation via Tasmanian greenpower initiatives such as solar energy, wind power, and hydroelectric power.

Tasmanian energy rebates and concessions

Taking advantage of energy rebates and electricity concessions helps counteract cost of living hikes. Electricity concessions available in Tasmania include:

  • Annual electricity concession
  • Energy bill relief fund
  • Heating allowance
  • Life support concession
  • Medical cooling or heating concession

Governments in Australia periodically offer concessions for homeowners wanting solar power generation. Most Tasmanian energy concessions are available to private energy retailer customers and customers on Tasmanian Government standing offer prices.

blue piggy standing on top of bill

How to find the cheapest electricity in Tasmania

Every household in Tasmania is different. GoSwitch invites energy customers to explore personalised energy deals from electricity providers, including the cheapest electricity deals for your postcode. The deregulated Australian energy market means highly motivated retailers are looking for ways to lower energy prices, and Tasmanian electricity market customers are the big winners. Tasmanian households use the GoSwitch energy price comparison search engine to optimise electricity consumption, combat price increases, and avoid bill shock.

Switching energy retailers with GoSwitch

GoSwitch helps you compare the cheapest and best electricity rates and gas deals from leading Tasmanian energy retailers. You can switch retailers or upgrade your current contract absolutely free of charge from the comfort of your home. GoSwitch does the math for you, so you don’t have to lift a finger to make a savvy switch. Here’s how it’s done:

  1. Get started – Create an energy usage profile for your home or business using your postcode.
  2. Compare energy deals – Use the GoSwitch energy retailer price comparison tool.
  3. Set up and save – Speak to a GoSwitch energy expert for advice and inspiration.

It’s easy to compare home and business electricity with GoSwitch, and the savings start with your next power bill. Also, check out the best available solar powerinternet, and private health insurance deals courtesy of GoSwitch. Make the switch to cheaper Tasmanian electricity prices with GoSwitch today!

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FAQs

The cheapest electricity provider in Tasmania can vary depending on your location, energy usage, and preferred plan features. However, some retailers consistently offer competitive electricity deals. Use GoSwitch’s comparison tool to see who’s currently offering the cheapest rates in your area and find a plan that suits your needs.

The electricity retailer with the cheapest rates can change frequently due to market fluctuations and special offers. However, some retailers consistently offer competitive rates and saver plans. Compare electricity plans on GoSwitch to find the most affordable option for your household’s needs and budget.

The best time to switch electricity providers in Tasmania can vary, but it’s often during the shoulder seasons (spring and autumn) when demand is lower. GoSwitch can help you track the latest deals and find the most competitive rates in your distribution network throughout the year.

Electricity is typically cheapest in Tasmania during off-peak hours, which are usually at night and on weekends. GoSwitch can help you compare plans with different time-of-use rates to find the one that best suits your lifestyle and energy consumption patterns.

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