Unlock Better Electricity Deals
Across Victoria

Victorian energy providers compete to offer savings on energy bills. At GoSwitch, we provide a straightforward energy price comparison service, helping residential customers and businesses compare electricity rates in Victoria and switch to a plan that enhances their home and lifestyle.

Compare Electricity Rates in Victoria

Written by Clint Robinson, GoSwitch CEO
Published 24 September 20257 mins read

Whether you’re in regional Victoria or the Melbourne CBD, securing the best possible household or business energy rate is essential. If you’re seeking improved electricity rates for your current home, or if you’re relocating and exploring energy offers, comparing energy plans with GoSwitch can lead to significant savings.

Our price comparison service locates energy retailers and electricity deals specific to your postcode in Victoria, NSW, QLD, and across other Australian states and territories. We compare trusted electricity retailers who consistently present deals better than the Victorian default offer.

Energy Customer Support Female
compare energy prices

Cheapest Energy Rates in Victoria

At GoSwitch, we specialise in finding some of the cheapest energy rates in Victoria and Melbourne and tailoring these deals to your specific preferences. Our service goes beyond basic energy provider comparisons, helping you connect with progressive energy companies that offer:

  • Lower electricity prices
  • Carbon-neutral energy usage
  • Solar feed-in tariffs
  • Bundle electricity/gas plans
  • Smart meter advantages

Victorian Energy Rebates are also available to assist residential customers on lower incomes, potentially lowering your usage rates even further. Don’t forget to discuss these rebates with your electricity retailer to determine your eligibility.

Compare With Us

Is Electricity Expensive in Victoria?

Electricity costs in Victoria consist mainly of fixed daily supply charges and variable usage charges, which are measured by kilowatt-hour (kWh). Retailers in the deregulated market offer competitive rates that often fall below the reference price set by the Victorian Government. These supply and usage charges are the primary drivers behind the costs associated with both Victorian household and small business electricity bills.

 

Our dependable partners and retailers at GoSwitch, including Energy Australia, AGL, Jemena Energy, Dodo, United Energy, CitiPower, Lumo, and 1st Energy ensure that you receive highly competitive deals. These companies provide a broad array of incentives, features, and options designed to lower electricity and gas bills.

Understanding Tariffs and Your Electricity Bill

Tariffs are charges that make up the bulk of your electricity bill. Types of tariffs include:

 

Single Rate Tariffs: Charge a consistent kW/h rate, ideal for straightforward budgeting.

 

Time-of-Use Tariffs: Offer variable rates during peak, shoulder, and off-peak times, making them ideal for people who can shift their usage to cheaper periods.

 

Controlled Load Tariffs: Apply reduced rates for high-energy appliances like hot water cylinders during off-peak hours, enhancing efficiency.

 

Choosing the right tariff requires understanding your household’s electricity usage patterns throughout the day. Regularly reviewing your plan’s alignment with your household can lead to better energy management and savings.

Discounts on Offer

A GoSwitch search can show you how to reduce your electricity and gas bills, including targeted contract discounts.

 

Conditional Discounts: Applied when specific conditions are met, such as new customer sign-up discounts and timely bill payment discounts.

 

Guaranteed Discounts: These are offered for the entire term of the contract, providing a predictable pricing structure without the need for meeting additional conditions.

Further questions to consider when choosing your plan:

  • Are there incentives to remain with my current energy retailer?
  • Do the discounts apply throughout the entire electricity bill?
  • Can you bundle electricity and gas for additional savings?
  • What incentives do competing retailers offer?
  • Are there any exit fees for early contract termination?
  • Are you eligible to earn from solar feed-in tariffs?
  • Are there any conditions attached to these incentives?
  • Does the plan offer the flexibility needed for your specific requirements?
  • What green-power renewable energy options are available?

Understanding your standing offer can provide a baseline against which to compare these discounts, ensuring you choose the most cost-effective plan available.

Compare Electricity Providers

Compare Plans in Seconds – Just Choose Your State, Network, and Tariff
Provider Contract Length Key Features Estimated Annual Cost

Please enter your postcode

    No Lock-In Contracts

    With GoSwitch, you can explore options for energy plans with no lock-in contracts, ensuring you have the flexibility to switch to a better deal as your needs or circumstances change. We can help you set up the right plan for your home or business by finding highly competitive electricity and gas deals specific to your postcode. GoSwitch is Australia’s favourite energy retailer comparison service for customers in VIC, NSW, QLD, SA, TAS, and the ACT. Use our 100% free GoSwitch service for a smooth transition on your next interstate move.

    No Lock In Contracts
    Solar power energy plans

    Renewable Energy Solutions for Victoria

    Solar energy feed-in tariffs are a significant contributor toward cost-effective electricity in Melbourne and regional Victoria. A solar power system begins to pay for itself through reduced monthly electricity bills.

    GoSwitch can help you access Greenpower initiatives for a carbon-neutral electricity plan. We partner with conscientious electricity suppliers and distributors who provide renewable energy incentives as part of a carbon-neutral system.

    Consider these advantages:

    • Reduce your monthly electricity bills.
    • Earn from selling feed-in tariffs back to the grid.
    • Utilise or sell solar energy, ensuring no energy is wasted.
    • Decrease reliance on traditional electricity networks and infrastructure.
    • Invest in a quality solar panel system that can last for 25 years.
    • Enhance the resale value of your home with an attractive solar power system.
    Compare With Us

    Budget with a Pre-Paid Pricing Structure

    Did you know you can opt for a pre-paid electricity or gas plan to pay your energy bills in advance. This system estimates the energy you will need based on past usage or the consumption patterns of similar households.

    Any unused power conveniently rolls over to the next billing period, providing a buffer against unexpected costs. Pre-paid plans effectively eliminate the risk of ‘bill shock’ and give you greater control over your energy expenses.

    home electricity costs and fees
    thinking of energy comparison

    Choosing the Right Energy Plan in Victoria

    In Victoria’s deregulated energy market, you have the power to periodically review and switch energy plans. GoSwitch makes finding a better electricity plan easier than ever with advantages such as:

    1. Comparing a wide range of plans using the GoSwitch comparison service.
    2. Speaking directly to a GoSwitch energy expert for tailored advice on energy plans.
    3. Access detailed fact sheets for each plan to understand all terms and benefits clearly.
    4. Conducting your own independent search, completely free of charge.
    5. Letting GoSwitch calculate your potential savings.

    In Victoria, you can choose from both regulated and deregulated energy options, giving you the flexibility to select a plan that best suits your needs.

    Compare With Us

    How GoSwitch Can Help Find Cheaper Rates and Better Deals

    GoSwitch simplifies finding cheaper rates and better deals in Victoria’s fluctuating energy market. Our online energy comparison tool helps you quickly compare a wide range of electricity plans, showcasing detailed features and incentives—all on one page. Our service is 100% free to use, and the savings are yours to keep. Here’s how it’s done in three simple steps.

    1. Create an energy usage profile for your home or small business.
    2. Compare deals all in one place, to identify specific energy contract advantages.
    3. Set up a new account for a smooth transition and immediate savings.
    comparing gas and electricity plans
    Read our Reviews in TrustPilot
    Trustpilot

    FAQs about Comparing Electricity Rates In Victoria

    The competition among energy companies in Victoria’s deregulated market is fierce. While no single company consistently offers the lowest rates, GoSwitch can help you connect with a provider that delivers excellent value, including GST, ensuring you receive competitive electricity rates for your home.

    Comparing prices involves more than just finding the cheapest rates. Victoria’s extensive infrastructure needs mean that electricity provision is a complex operation. Using GoSwitch, you can compare energy prices for your postcode, finding electricity providers that offer rates significantly below the Victorian default offer (VDO).

    In Melbourne, the largest and most established electricity providers with wholesale purchasing power often provide the most competitive rates. GoSwitch collaborates with retailers and providers known for their fair pricing and high customer satisfaction.

    To compare rates and potentially save on your electricity bill, simply enter your postcode into the GoSwitch search engine. You can then check your eligibility with various electricity retailers in your area and switch to a provider that offers better rates.

    Leave a Reply