Compare Electricity Plans in Melbourne

No single retailer is cheapest for every Melbourne home, because the winner changes with your network, usage and tariff. A sharp usage rate paired with a high supply charge often costs more across a year than a steadier plan. Some conditional discounts also fall away once a benefit period ends, while guaranteed discounts hold.

GoSwitch weighs the full estimated annual cost, including energy rates, usage rates and supply charges. That way you compare what you will actually pay, not the headline number.

Households on a Victorian Default Offer pay a set price for each distribution zone across Melbourne. The Victorian Default Offer, or VDO, is the benchmark rate set each year by the Essential Services Commission.

It caps what you pay on a standing offer, the default plan you land on without an active contract. A market offer from a retailer usually sits below it.

The flat rate figures below apply from 1 July 2026, covering the daily supply charge and the usage charges per kilowatt hour.

Victorian Default Offer flat rate, residential, 1 July 2026 to 30 June 2027, GST inclusive

Source: Essential Services Commission, Victorian Default Offer 2026-27 final decision, verified 24 July 2026. Figures cover the four distribution zones serving metropolitan Melbourne. AusNet Services, which covers outer eastern and northern areas, uses a block-rate structure.

Five electricity distributors run the poles and wires across Victoria, and four of them serve metropolitan Melbourne. Your distributor is fixed by your address, not your retailer, and it sets part of what you pay through the supply charge.

• CitiPower delivers power to Melbourne’s CBD and inner suburbs.
• Jemena runs the network across the northern and north-western suburbs.
• United Energy covers the eastern and south-eastern suburbs, including the Mornington Peninsula.
• Powercor supplies Melbourne’s western suburbs and the wider west of Victoria.
• AusNet Services handles outer eastern and northern areas that reach into Melbourne’s fringe.

Enter your postcode and we match you to the right network, so the plans you see are priced for your zone, not a state average.

Your tariff decides when you pay more, not only how much. Choosing the tariff types that match your routine can lower your bill even when the headline rate looks similar. The table below sets out the main residential options across Melbourne.

Time-of-use and controlled load options need a smart meter to record when you use power. The right fit depends on your household routine, so we ask about your usage before showing plans, not an average.

Eligible Melbourne households can claim several Victorian Government concessions that cut what they pay each year. Most are tied to a concession card and applied by your retailer once you register.

• The Annual Electricity Concession gives eligible cardholders 17.5 per cent off usage and service costs all year.
• A Life Support Concession applies a daily discount for homes running approved life support equipment.
• The Non-Mains Energy Concession helps the few properties that run on generator fuel rather than mains supply.

GoSwitch factors any concession you qualify for into the estimated annual cost, so the figure reflects what you pay.

Victoria removed its regulated minimum solar feed-in tariff in 2025, so each retailer now sets its own rate. A feed-in tariff is the credit you earn for exporting solar energy back to the grid.

A high export rate can still cost you across a year if it comes with steep usage charges. We factor your solar export and import rates into every estimate, so households with renewable energy see both sides of the bill.

Switching your Melbourne electricity plan is quick and your power never goes off during the change. Your distributor keeps delivering to the same lines, so there is no paperwork and no disruption at your property.

1. Check your current plan for a contract end date and any exit fees before you start.
2. Compare plans by estimated annual cost, watching for variable rates that can change with notice.
3. Choose a plan and sign up online, ideally one with no exit fees so you stay flexible.
4. Let your new retailer handle the transfer, which usually completes within a few business days.

Comparing energy plans in Melbourne takes only your postcode and a few minutes with GoSwitch. We put plans from leading retailers side by side, so residential customers and small businesses can see a genuinely better deal.

There is no cost to compare and no pressure to switch once you have looked. Our energy specialists work from our South Melbourne base and know the Victorian market first-hand.

Enter your postcode and start comparing Melbourne electricity plans today!