Compare Electricity Prices Victoria

The GoSwitch energy price comparison service compares the cheapest electricity rates (tariffs) for Victorians. Use the powerful GoSwitch search engine to compare electricity prices in Victoria, and start saving on monthly power bills.

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Find and compare the cheapest electricity prices in Victoria

Whether you are living in the Melbourne metro area or regional Victoria, GoSwitch can help you find the right energy deal for your home or small business. We compare the deals of major electricity and gas retailers against the reference price and include special intro-offers, sign-up bonuses, rebates, and lots more savings. GoSwitch can reduce your energy bills and help you establish a more energy-efficient home.

Which provider has the cheapest electricity rates in Victoria

In the deregulated electricity market, energy providers are continually creating new customer incentives. There are dozens of discounts, bundle deals, and special offers available. GoSwitch partners with only the most highly regarded Australian electricity retailers so you can have confidence in your new energy deal. If you are considering switching to a better contract or a new energy provider, GoSwitch is here to assist. Here are some questions worth asking your GoSwitch energy expert.

  • 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?
  • Are the savings for the entire contract, or just a portion?
  • What happens when the incentives expire?
  • Which plan offers more flexibility for Victorians?
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Popular energy providers in Victoria – Comparing energy retailers

GoSwitch partners with energy retailers that offer flexibility. The savings can add up to a significant amount annually. Check out popular GoSwitch energy provider partners that include:

Energy Australia – A major Australian energy provider for decades.

AGL – A leading energy service provider of 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% renewable energy as a standard.

Sumo – Streamlined and flexible plans with no lock-in contracts.

Origin – A favourite trusted energy retailer Australia-wide.

Swap electricity suppliers or compare your current rate

The energy market regulator in Victoria has changed dramatically since the deregulation of the industry. The Victorian Government default market offer is available, although most new energy customers prefer the GoSwitch search capability for finding a better electricity retailer deal. Here are some reasons Victorians are making the switch with GoSwitch.

Moving to a new house: Make sure you get a tailored electricity or gas deal that suits the dynamics of your new household.

The discount rate expiry: Switching providers is straight-forward, making it easy to take advantage of discounts and incentives once your present contract incentives have expired.

Bills that keep creeping up: A GoSwitch price comparison search uncovers savings from Victorian energy providers, plus lots of ways to stop energy bills creeping up.

A change in preference: Your personal preferences are important to GoSwitch. We locate Victorian energy companies that suit your style.

A bad customer service experience: There are a lot of new electricity providers, making it important to connect with a company you can trust.

More than 12 months with the same provider: Markets and electricity prices are continually changing. If you have been with your electricity provider for longer than one year, it could be time to review your options.

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How GoSwitch can help you find some of the cheapest electricity rates available in Victoria.

The GoSwitch energy comparison tool is the go-to Victorian price comparison search engine. The entire process is completed in three simple steps.

  1. Get started: Make an energy usage profile of your home or business electricity use. Include peak and off-peak usage plus total energy usage during the billing cycle.
  2. Compare deals: At GoSwitch, we use accurate comparison technology. We investigate all deals for savings opportunities to get the results you are looking for.
  3. Set up and save: If you decide to accept a better electricity offer, your GoSwitch energy expert can help you set up the new account for immediate savings.
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Top energy deals available in Victoria

GoSwitch will tailor top electricity and gas plans to suit your specific needs. Our partners include retailers who can bundle electricity, gas, internet and phone together for even better prices. Your existing plan will give you a good starting point for comparison with other providers.

It’s a useful strategy to look at the amount of electricity you use daily, weekly, monthly, and annually. If your energy usage seems higher than you expect, it’s a good time to create a GoSwitch energy profile and consider the ways you can reduce your usage and locate top energy deals in Victoria. In addition, GoSwitch energy partners also operate in New South Wales, Queensland, South Australia, Tasmania, and the ACT, so you can streamline your next interstate move.

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Fixed and variable rates explained

Electricity charges (tariffs) are a combination of fixed daily supply charges from regional electricity distributors and variable usage charges from electricity retailers. Here are a few ways tariffs can be adapted to suit your home or small business.

Single rate tariffs: The kW/h rate remains the same 24/7.

Time of use tariffs: Peak, shoulder, and off-peak rates are adjusted at different times.

Controlled load tariffs: This rate is good for stand-alone appliances, such as a hot water cylinder, that can be separately metered.

Your investigation can also include government incentives for establishing renewable energy, solar panels, plus rebates designed to assist pensioners and those on low incomes.

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Pre-paid energy plans – what this means

With a pre-paid energy plan, you pay ahead of time. This system generally works by estimating the amount of energy you are likely to use, based on past usage or the usage of similar-sized households. If you use less power than expected, the balance can roll over into the next billing period. Pre-paid energy plans can include GST and remove the potential for energy cost ‘bill shock’ at the end of your billing cycle.

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How to read your energy bill

Your bill will display information such as energy usage charges and kilowatt per hour (kW/h) charges. Your bill will also contain information about:

The contract term: There may be benefits when locking in a plan, although a no lock-in contract could be a more suitable option. The choices are all yours with GoSwitch.

Cooling off period: Electricity retailers offer a 10-day cooling-off period in case you change your mind or your circumstances change.

Terms and conditions: Contract terms and conditions vary in lots of ways. GoSwitch will locate savings opportunities.

Your eligibility: This is important for electricity and gas bundle deals. Natural gas may not be available at your location.

Incentives and features: These can include flexible contract terms, pay-on-time discounts, off-peak saver discounts, and direct debit payment discounts.

Contract updates: The best retailers keep you informed about new savings features and available plans.

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How is electricity charged in Victoria?

Electricity in Victoria is charged by kilowatts per hour (kW/h). Retailers adjust their standing offer kW/h usage rates to attract new customers. In addition, retailers offer a wide range of discounts and incentives.

Conditional discounts – apply when conditions are met, such as on-time bill payment.

Guaranteed discounts – apply for the entire contract term, without additional conditions.

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Moving house – what you need to know

Your GoSwitch call centre energy expert will help you if you are:

  • Moving house with your current retailer, or a new retailer
  • Going green with carbon-neutral incentives
  • Looking into solar feed-in tariff savings
  • Using a smart meter for tailored energy use
  • Looking for electricity provider energy discounts, rebates, and incentives
  • Thinking about combining your electricity and gas bill in a bundle deal

GoSwitch can help you compare new deals with the Victorian default offer. Electricity usage savings are guaranteed, so what are you waiting for? Try GoSwitch today.

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FAQs about Comparing Electricity Prices in Victoria

The cheapest electricity rates change monthly in the competitive market. A better idea is to tailor a personalised electricity energy plan for your postcode that suits your home, business, and lifestyle.

The best rates are generally provided by well-known retailers with the size and scope to offer genuine money-saving opportunities. GoSwitch partners with only the best companies offering highly competitive electricity rates for lower electricity bills.

The energy process can be overwhelming, especially with so many providers. GoSwitch cuts through the jargon to give you straightforward electricity plan recommendations from leading electricity retailers.

It’s as easy as a GoSwitch energy price comparison search. The entire process takes only a few minutes, and the savings are all yours to keep. Electricity pricing is easy with GoSwitch.