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Finding the right electricity plan shouldn’t be a hassle, especially when you want to keep energy bills low. GoSwitch simplifies this process, allowing you to compare electricity plans from leading providers and discover the most cost-effective electricity rates for your home or business.

How Electricity Is Priced in Australia

Published 29 July 20259 mins read

Understanding how electricity prices are set is key to making informed decisions about your energy plan. In Australia, the energy market operates as a wholesale market where retailers purchase electricity and then sell it to you, the consumer. The energy price you pay is influenced by various factors.

There are two main types of offers in the electricity market:

  • Market Offers: Flexible pricing that can change over time, reflecting wholesale market fluctuations.
  • Standing Offers: Fixed prices set by the retailer, providing more price stability but potentially missing out on lower rates during market dips.

* It’s important to note that not all retailers offer both market and standing offers. GoSwitch helps you understand your options and find the right plan.

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Understanding Energy Charges and Tariffs

Your electricity bill isn’t just about the energy you use; it’s a combination of charges and tariffs. A tariff is the rate you pay for electricity, measured in kWh, and it can come in different forms:

  • Single Rate Tariff: You pay a flat rate for each unit of electricity you consume, regardless of the time of the day.
  • Time of Use Tariff: This involves different usage rates depending on peak, shoulder, and off-peak times. You can save by shifting your energy usage to off-peak hours.
  • Controlled Load Tariff: This applies to specific appliances, such as hot water systems or pool pumps, often charged at a lower rate.

Your bill will include a daily supply charge for supplying power to your property. It may also include solar feed-in tariff credits for selling excess solar power back to the grid.

GoSwitch can help you understand your bill and find a tariff that aligns with your usage patterns. We’ll even compare your current plan’s reference price with other options from highly regarded retailers.

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    What Makes Up Your Energy Plan

    Energy plans aren’t one-size-fits-all. They come with various features designed to suit different needs and preferences. Here’s what you’ll typically find in an energy plan:

    Rates
    This includes the usage rates (cost per kilowatt-hour) and daily supply charge. Some plans may offer different rates based on time of use or for controlled load appliances.

    Discounts and Benefits
    Look out for discounts, such as pay-on-time discounts or direct debit incentives. Some plans also offer additional benefits like Greenpower, renewable energy options or carbon offsets.

    Contract Terms and Conditions
    Pay attention to the contract length and any exit fees that might apply if you switch providers before the benefit period ends.

    Plan Information
    This includes details about billing frequency, payment options, and customer support.

    GoSwitch can help you break down the plan information to find one that suits your specific needs. You can easily compare different energy plans side-by-side to see the full picture before making a decision.

     

     

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    How To Choose the Right Energy Plan

    Selecting the right energy plan can feel overwhelming with so many options available, but the process is simple. Here’s what to consider:

    • Your energy usage and past energy bills to understand your average consumption.
    • Your priorities for stable or flexible pricing that could offer potential savings.
    • Your commitment to renewable energy, solar power, and a carbon-neutral lifestyle.
    • An energy comparison tool to compare energy plans side-by-side.

    The new contract fine print, terms, conditions, exit fees, lock-in contracts, etc.

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    GoSwitch Electricity Provider Partners in Australia

    GoSwitch partners with some of Australia’s leading electricity providers and energy retailers. Our panel includes trusted names like AGL, Ovo Energy, Blue Energy, 1st Energy, Origin Energy, Dodo, Engie, and EnergyAustralia. We compare plans from these providers and many more to help customers in New South Wales, Victoria, Queensland, South Australia, and the ACT.

    Australian energy prices are under the watchful eye of the Australian Energy Regulator. GoSwitch works with major distributors and retailers across Australia, taking the specific features and benefits of each plan into consideration.

    Please select your tariff you are on to calculate your bill cost

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    Peak

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    Off Peak

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    Controlled Load 1

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    Controlled Load 2

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    Shoulder

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    Billing Period

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    %
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    Tariff Type:

    Your electricity bill cost would be:

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    Usage

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    Peak

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    Off Peak

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    Controlled Load 1

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    Controlled Load 2

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    Shoulder

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    Solar

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    Feed-in Tariff

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    Billing Period

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    *Your actual bill cost may vary depending on your usage and if your selections vary to what you're currently on

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      Not sure who your distributor is? Check your National Meter Identifier (NMI) on your bill and match it to this table:

      State NMI prefix Distributor
      NSW 410 Ausgrid
      NSW 4310 Endeavour Energy
      NSW 4001, 4204, 4407, 4508 Essential Energy
      VIC 63 Ausnet
      VIC 61 Citipower
      VIC 60 Jemena
      VIC 62 Powercor
      VIC 64 United Energy
      QLD 311,QB Energex
      SA 2001, 2002 SA Power Networks
      ACT 700 ActewAGL

      Convenience of Dual Fuel

      If your home or small business uses both electricity and natural gas, consider the convenience of a dual-fuel plan. By bundling your electricity and gas plan with a single provider, you can streamline your billing and potentially access exclusive energy rates and discounts. New customer account management is easier with a single point of contact, including gas hot water systems or heating, with potential for significant savings on your overall gas bill.

      What Are Carbon Offsets?

      Carbon offsets compensate for emissions by investing in projects that reduce greenhouse gases. This is a great step toward taking responsibility for energy use and contributing to a cleaner environment.

      Many energy providers offer carbon-neutral plans, where they offset the emissions associated with your electricity usage. Some providers offer plans that support the growth of renewable energy sources like solar power.

      If you have solar panels, you might be eligible for solar feed-in tariffs, which are credits earned for selling excess solar energy back to the grid. These credits can help offset your energy bill, making solar an attractive option.

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      Setting Up Electricity in Your New Home

      Moving into a new home or have just built your dream house? The GoSwitch price comparison service can help you get your electricity connected hassle-free. Here’s what you need to do:

      1. Compare Electricity Retailers: Research and compare different retailers to find one that suits your needs and budget. GoSwitch compares plans from leading Australian retailers operating in SA, ACT, NSW, QLD, and VIC.
      2. Contact Your Chosen Retailer: Select a retailer and plan that suits your budget and lifestyle. Your GoSwitch energy consultant can do the math and paperwork for you.
      3. Schedule a Connection: Your retailer will work with your local distributor to schedule the electricity connection. For most residential customers, the process is straightforward.

      If you’re unsure which retailer to choose or need help with connections when moving house, our friendly team at GoSwitch is here to assist you every step of the way.

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      Is a Smart Meter Right for You?

      Smart meters are next-generation electricity meters that offer a range of benefits. They provide real-time data on your energy usage and consumption patterns, helping you identify opportunities to save. With a smart meter, you can say goodbye to manual meter readings—your energy data is sent directly to your retailer. Smart meters enable you to access flexible pricing plans and shift your usage to off-peak times.

      Saving Money With Energy Concessions and Rebates

      Did you know that you could be eligible for savings on your electricity bill? Government rebates and concessions are available to help eligible households manage their energy costs. These include:

      • Low-income Household Rebates
      • Energy Supplement Payments
      • Family Energy Rebates
      • Provider-Specific Discounts

      Check your state or territory government website or contact your energy provider regarding eligibility requirements. GoSwitch can help you explore available rebates and discounts when comparing energy plans.

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      Find the Best Deals With GoSwitch

      With GoSwitch, it’s easy to compare a wide range of electricity plans from leading providers across Australia. Simply enter your postcode and a few details about your energy usage, and our powerful comparison tool will do the rest.

      We give you a clear breakdown of the estimated costs, contract terms, and features of each plan, making it simple to see which one is the best fit for you. And the cost to you—100% free!

      Don’t overpay for your electricity. Start comparing with GoSwitch today and discover how much you could save!

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      FAQs

      Simple changes like using energy-efficient appliances can make a difference. To maximise your savings, explore different energy plans and compare their rates with GoSwitch.

      Switching providers is a straightforward GoSwitch process that starts with finding a better deal. We can handle the switch for you, making it hassle-free.

      There are several comparison sites available, but not all offer the same level of service. The GoSwitch platform is user-friendly and transparent, with unbiased comparisons and expert guidance to help you make an informed decision.

      3 responses to “Compare Electricity And Gas”

      1. Wendy Roffey says:

        i would like to speak to someone

        • GoSwitch says:

          Hey Wendy, apologies for the slow reply. If you’d like to speak to someone you can call us on 1300 107 074 otherwise you can fill out the form on the website & we’ll contact you!

      2. Wendy Roffey says:

        i would like to speak to someone If i have already said it , then why have i not spoken to someone about switching ???

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