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Whether you reside in the Melbourne metro area or in regional VIC, GoSwitch is your go-to source for finding great energy deals. We evaluate the offers of major electricity and gas retailers, compare them against the reference price, and investigate exclusive offers, sign-up bonuses, rebates, and much more. With GoSwitch, both residential customers and small businesses can significantly lower energy bills.
Compare Power Rates in Victoria
and Cut Your Bills
The GoSwitch energy price comparison service compares the cheapest electricity rates for Victorians. Use the powerful GoSwitch search engine to compare electricity prices in Victoria and start saving on monthly power bills.
Compare Electricity Prices in Victoria
Which Provider Has the Cheapest Electricity Rates in Victoria?
Energy providers are constantly innovating and introducing new customer incentives in Victoria’s deregulated electricity market. With a multitude of discounts, bundle deals, and special offers available, choosing the right energy provider can be daunting.
To streamline the process, GoSwitch partners with leading Australian electricity retailers. If you’re considering switching to a better contract or a new energy provider, GoSwitch is here to guide you. A Go Switch energy comparison search answers important questions, such as:
- Are there incentives offered by my current Victorian electricity supplier?
- Do other suppliers/retailers offer incentives and discounts?
- Are there conditions attached to the incentives?
- Are the savings for the lifetime of the contract or just a portion?
- What happens when the incentives expire?
- Are there exit fees?
- Are there solar energy feed-in tariffs?
- Are there discounts for concession card holders?
- Which plan offers more flexibility for Victorians?
Comparing Popular Energy Providers in Victoria
GoSwitch partners with a range of energy retailers to give customers flexibility and choices. Our highly regarded partners include:
Energy Australia – A major Australian energy provider for decades.
AGL – A leading energy service provider for gas, electricity, and telecommunications delivery.
Dodo – Dodo offers fully integrated electricity, gas, and internet services.
1st Energy – Highly competitive power deals in Victoria and other Australian states.
Blue NRG – Blue NRG delivers tailored small business energy services.
OVO – Launched in 2009, OVO offers 100% Greenpower renewable energy as standard.
Origin – A favourite trusted energy retailer Australia-wide.
CitiPower – A key electricity distributor in Melbourne’s inner suburbs and western regions.
Switch Electricity Suppliers or Compare Your Current Rate
Changes in the Victorian energy market overseen by the Essential Services Commission have made new options available beyond the Victorian Government’s default market offer. Victorians use GoSwitch for a number of reasons.
- Moving to a new house
- The discount rate has expired
- Bills that keep creeping up
- A change in preference
- A bad customer service experience
- More than 12 months with the same provider
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How GoSwitch Can Help You Find Some of the Cheapest Electricity Rates Available in Victoria
The GoSwitch energy price comparison tool finds cheaper electricity rates in three simple steps:
Get Started: Create a profile of your home or business’s electricity use. Include your peak and off-peak usage and the total energy used during the billing cycle.
Compare Deals: We use precise comparison technology at GoSwitch. We look through all available deals to find the best savings opportunities for you.
Set Up and Save: If you find a better electricity offer, a GoSwitch expert will help you set up the new account so you can start saving right away.
Best Energy Deals Available in Victoria
GoSwitch can personalise electricity and gas plans to meet your specific needs. You can also explore bundled packages that combine electricity, gas, internet, and phone services. Your current plan is a great baseline for comparing against other energy offers.
If your energy consumption is higher than desired, now is the right time to set up a GoSwitch energy profile. This can help you cut down on usage and find the best energy deals in Victoria. We also operate in New South Wales (NSW), Queensland (QLD), South Australia, Tasmania, and the ACT, making it easier to manage your utilities during an interstate move.
Fixed vs Variable Rates
Electricity charges, known as tariffs, include fixed kWh daily supply charges from regional distributors such as United Energy and Jemena, and variable usage charges from local electricity retailers. Here’s how these tariffs can be tailored for Victorian households and small businesses:
Single Rate Tariffs: The kilowatt-hour (kWh) rate stays constant, regardless of the time of day.
Time of Use Tariffs: Peak, shoulder, and off-peak rates, allowing you to save money by using electricity at lower-cost times.
Controlled Load Tariffs: Ideal for standalone appliances like hot water cylinders that are metered separately.
It’s also worth exploring government incentives for renewable energy solutions like solar panels, as well as rebates that provide financial relief to pensioners and low-income households.
Understanding Pre-paid Energy Plans
With a pre-paid energy plan, you pay for your energy usage in advance. This arrangement typically estimates your future energy consumption based on past usage or the usage patterns of similar-sized households. If you consume less power than the estimated amount, the remaining balance can be carried over to your next billing period. Pre-paid energy plans include GST and are designed to prevent unexpected high costs, or ‘bill shock’, at the end of your billing cycle.
How To Read Your Energy Bill
Here’s a breakdown of information found on a typical energy bill.
The Contract Term: While locking in a plan may have advantages, a no-lock-in contract might better suit your needs. GoSwitch gives you the freedom to choose the best option for you.
Cooling Off Period: Electricity retailers offer a 10-day cooling-off period, giving you the flexibility to change your mind without penalty.
Terms and Conditions: Contract terms and conditions can vary significantly. GoSwitch helps you navigate these to find potential savings.
Your Eligibility: This is crucial for bundling electricity and gas. GoSwitch will let you know if natural gas is available at your postcode.
Incentives and Features: Your plan might include benefits like flexible contract terms, pay-on-time discounts, off-peak saver discounts, and direct debit payment discounts.
Contract Updates: The best energy retailers proactively inform you about new savings opportunities and updates to available plans.
How Is Electricity Charged in Victoria?
Electricity in Victoria is charged by the kilowatt per hour (kWh). Retailers adjust their standing offer kWh usage rates to attract new customers. Alongside these rates, electricity providers offer a wide range of discounts and incentives to make their plans more appealing.
- Conditional discounts are granted when specific conditions are met, such as paying your bill on time.
- Guaranteed discounts are applied for the entire term of the contract without the need for fulfilling additional conditions.
Essential Tips When Moving House
GoSwitch helps when moving house locally, regionally, or interstate, whether you’re staying with your current retailer or switching to a new one. Here’s how GoSwitch can support your move:
- Going green with carbon-neutral incentives
- Investigating solar feed-in tariff savings
- Using a smart meter for tailored energy use
- Seeking electricity provider discounts, rebates, and incentives
- Considering a bundle deal for convenient electricity and gas bills
GoSwitch compares the latest deals against the Victorian default offer (VDO). Guaranteed savings on electricity usage make switching a smart move. Try GoSwitch today and start saving on electricity bills straight away!
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FAQs about Comparing Electricity Prices in Victoria
What is the cheapest electricity rate in Victoria?
The cheapest rates fluctuate in Victoria’s competitive market. The better approach is to create a personalised electricity plan that fits your lifestyle.
Who has the best electricity rates in Victoria?
Top-tier retailers with strong reputations often offer the best rates. GoSwitch partners exclusively with trusted companies offering highly competitive rates.
How do you compare electricity prices in Victoria?
With so many providers, comparing prices can be overwhelming. GoSwitch simplifies the process, offering clear recommendations from leading electricity retailers so you can make informed choices.
How to get a better deal on electricity?
Getting a better electricity deal is simple using our price comparison tool. It takes just minutes, and the savings are yours to keep. Let GoSwitch streamline your electricity pricing experience today.