Gas and Electricity Connection

The cost of living is high enough—your gas and electricity shouldn’t add to the burden. With GoSwitch’s comparison service, comparing gas and electricity in Victoria is quick, easy, and free. We’ll help you find competitive rates from a wide range of providers so you can keep more money in your pocket and enjoy the things that matter most.

Why It Pays to Shop Around for Gas and Electricity

Published 3 October 202411 mins read

Victorians, especially those living in the bustling city of Melbourne, know the importance of finding the best deal on their energy bills. With Victoria’s dynamic energy market, residential customers have a wide range of energy options to choose from.

By comparing gas and electricity plans, you can potentially unlock significant savings and ensure you’re not overpaying for your energy. GoSwitch makes this process quick and easy, helping you find the perfect plan to suit your needs and budget.

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The Dynamics of Energy Pricing in Victoria

The Victorian energy market is a complex system, and several factors can influence your Australian gas and electricity prices. Supply and demand play a significant role, with prices fluctuating based on seasonal usage and wholesale market activity.

Your chosen energy provider’s offers can also significantly impact your gas bills and electricity prices. Plan features like discounts, contract lengths, and daily rates all contribute to the final cost. By comparing plans with GoSwitch, you can gain a clear understanding of these factors and find the most cost-effective option for your Victorian home.

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    What Victorians Are Paying for Their Energy

    Getting an accurate picture of average gas and electricity prices in Victoria can be tricky. The Victorian electricity market is deregulated, meaning retailers set their own prices. These prices can vary depending on your location, usage patterns, and the specific plan you choose.

    However, some general trends can help you understand the Victorian energy landscape. The Australian Energy Regulator publishes average electricity prices by state, which can serve as a benchmark. The Victorian Government also offers resources to help you understand electricity tariffs, which are the different pricing structures offered by retailers.

    By understanding these factors and comparing plans with GoSwitch, you can get a clearer idea of what Victorians typically pay for electricity and find a plan that aligns with your household’s needs.

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    Making Sense of Energy Pricing Structures

    In Victoria, energy tariffs define how your energy usage is charged. Different tariffs have different pricing structures, which can significantly impact your bill. Here’s a breakdown of the main types to help you make an informed choice:

    Single Rate Tariff : This is the most straightforward option, charging a single rate per kilowatt-hour (kWh) of electricity or megajoule (MJ) of gas, regardless of the time of day.

    Time-of-Use Tariff : With this tariff, you’ll be charged different rates for electricity depending on the time of day. Peak periods, usually in the evenings, have higher rates, while off-peak times are cheaper.

    Controlled Load Tariff : This tariff applies to specific appliances like hot water systems or pool pumps. It offers a lower rate for electricity used during off-peak times, encouraging you to shift your usage to these periods.

    Standing Offer : This is a contract with an energy retailer that sets out the terms and conditions of your energy supply, including the rate tariff.

    Victorian Default Offer (VDO) : The VDO is a government-set maximum price that retailers can charge residential and small business customers on standing offers. It acts as a safety net to protect consumers from excessive pricing.

    By understanding these different tariff structures and considering your household’s usage patterns, you can select the most suitable tariff and potentially save on your energy bills.

    Compare Like a Pro and Save

    Comparing gas and electricity plans can seem overwhelming, but with GoSwitch, it’s easy. Here’s what to look out for:

    Usage rates : These are the cents per kWh for electricity and cents per MJ for gas. Lower rates mean lower bills.

    Contract terms : Some energy plans lock you in for a set period. Check for any exit fees if you need flexibility.

    Discounts : Keep an eye out for deals like pay-on-time discounts or bundling gas and electricity with the same provider.

    Exit fees : Make sure you understand any fees you might incur if you decide to switch providers before the contract ends.

    With GoSwitch, you can compare all these factors side-by-side to find the perfect electricity plans, gas plans or bundled energy plans for your needs and budget.

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    Is It Easy to Change Your Gas and Electricity Company?

    Switching energy providers in Victoria is a simple and hassle-free process. In most cases, you can switch online in just a few minutes, and your new provider will handle all the details, including notifying your current provider.

    There’s typically no downtime or disruption to your energy supply during the switch. And with most plans offering no exit fees, you have the freedom to switch whenever you find a better deal. By comparing plans and switching providers, you can take control of your energy costs and potentially save hundreds each year.

     

     

     

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    Make Sense of Your Bill & Avoid Surprises

    Understanding your energy bills doesn’t have to be a headache. Here’s a quick guide to deciphering the key components:

    Usage charges : This is the cost of the energy you’ve actually used, calculated by multiplying your usage (in kilowatt hours for electricity or megajoules for gas) by the applicable rate.

    Supply charge : This is a fixed daily fee that covers the cost of delivering energy to your home.

    Other charges & fees : Your bill may include additional charges like GST, environmental fees, or late payment fees.

    By understanding your electricity bill’s components, you can gain a clearer picture of your energy costs and identify potential areas for savings.

    Simple Steps to Lower Your Bills

    Reducing your energy usage is a great way to save money. Here are a few simple tips:

    Switch to energy-efficient appliances : Look for appliances with high energy star ratings to reduce your electricity usage.

    Turn off appliances at the power point when not in use : Even on standby, appliances can consume energy.

    Install a smart meter : A smart meter can give you real-time insights into your energy usage, helping you identify areas for improvement.

    Embrace natural lighting and ventilation : Make the most of sunlight and fresh air to reduce your reliance on artificial lighting and air conditioning.

    By making small changes to your daily routine, you can make a big difference to your energy bills.

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    Does Renewable Energy Make a Difference to Prices?

    The increasing adoption of renewable energy sources like solar and wind power is having a positive impact on the environment and is also influencing traditional energy prices. As more renewable energy enters the grid, it can help to reduce demand for fossil fuels and put downward pressure on wholesale electricity prices.

    For Victorian homeowners with solar panels or solar systems, the solar feed-in tariff can further offset electricity costs by providing credits for excess energy fed back into the grid. If you’re keen on reducing your carbon footprint and potentially benefiting from more stable pricing, consider exploring green energy plans when comparing options with GoSwitch.

    Don't Miss Out on Potential Savings

    Energy providers often offer a variety of discounts and incentives to attract and retain customers. Some common ones include:

    Pay-on-time discounts : You may receive a discount for paying your bill on time each month.

    Direct debit discounts : Setting up direct debit payments can also earn you a discount.

    Bundled discounts : Some providers offer discounts for bundling your gas and electricity plans together.

    Rebates and sign-up bonuses : You might be eligible for rebates or one-time sign-up bonuses when you switch to a new provider.

    By taking advantage of these discounts and incentives, you can maximise your savings and get the most out of your energy plan.

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    Financial Relief for Victorian Households

    The Victorian Government offers a range of programs and initiatives to assist residents with their energy bills. Eligibility criteria and application processes can vary, so it’s important to check the specific details of each program.

    Some examples include:

    Victorian Energy Upgrades program : Offers rebates for energy-efficient products and services.

    Concessions for pensioners and healthcare card holders : Provides discounts on electricity and gas bills.

    Winter Energy Payment : A one-off payment to help eligible households with their winter energy bills.

    Contact the Victorian Government directly or visit their website for the most up-to-date information on available rebates and concessions.

    The Easiest Way to Compare and Save

    Finding the best gas and electricity deal is easy with GoSwitch. Our free online energy comparison tool lets you compare a range of plans from different providers side-by-side.

    Simply enter your postcode and a few details about your energy usage, and we’ll show you a list of available plans. You can then filter and sort the results based on your preferences, such as price, contract length, and green energy options.

    Once you’ve found the perfect plan, you can switch providers directly through our platform. We’ll handle all the paperwork and ensure a smooth transition to your new provider.

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    Weighing Up the Top Energy Providers

    Victoria has a competitive energy market, with numerous electricity providers and energy companies vying for your business. Here’s a quick comparison of some major energy retailers to help you make an informed choice:

    Origin Energy : A well-established provider with competitive pricing and a strong focus on renewable energy options.

    EnergyAustralia : Another major player offering a range of plans and good customer service.

    AGL : One of Australia’s largest energy companies, known for its competitive pricing and diverse plan options.

    Simply Energy : A popular choice for its simple, no-fuss plans and focus on customer satisfaction.

    Other notable retailers : Powershop, Alinta Energy, and more offer various plans and features to suit different needs.

    Note that distributors like CitiPower and Jemena are responsible for delivering electricity to your home, but they don’t sell energy plans directly to customers.

    Keep Your Energy Costs in Check

    The Victorian energy market is constantly evolving, with electricity retailers and energy providers regularly introducing new energy options and energy offers. To ensure you’re always getting the best deal, we recommend comparing your gas and electricity plans at least once a year.

    Additionally, consider comparing plans:

    • When your current contract is coming to an end.
    • If you notice a significant increase in your energy bills.
    • If you’re moving to a new home.

    By staying proactive and regularly reviewing your energy plans, you can take advantage of the latest deals and avoid overpaying for your gas and electricity.

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    Take the First Step Towards Savings

    Don’t let high energy bills drain your wallet. Take control of your energy costs and start saving today with GoSwitch. We make it easy to compare a wide range of electricity deals from leading providers in VIC and across Australia, including NSW, ACT, QLD, and SA.

    Simply enter your postcode and a few details about your usage, and we’ll do the rest. No hassle, no hidden fees—just a straightforward way to find the best energy plan for your needs.

    Compare plans now and unlock potential savings on your gas and electricity bills!

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    FAQs

    The cheapest energy supplier in Victoria can vary depending on your location, usage, and plan type. It’s crucial to compare current offers from different providers to find the best deal for your needs. GoSwitch makes this process simple and hassle-free, helping you identify the most cost-effective options.

    Gas tends to be cheaper than electricity in Victoria, especially for heating and hot water. However, the actual cost will depend on your specific usage and the efficiency of your appliances. GoSwitch allows you to compare both gas and electricity plans side-by-side, ensuring you make an informed decision.

    GoSwitch is a leading comparison platform in Australia, providing a user-friendly interface and comprehensive data to help you find the best energy deals. No matter which site you choose, ensure it offers up-to-date information and a wide range of plans from different providers.