Compare Energy Plans in Minutes

Your energy plan quietly rolls over each year, and the discount you first signed up for rarely lasts. GoSwitch compares energy plans on the four numbers that decide your bill, being the usage rate, daily supply charge, comparison price and benefit period. Enter your postcode to start.

How to compare energy plans in Australia

Published 6 August 20268 mins read

Every electricity plan you can compare publishes the same four figures, because retailers must present pricing in a standard format under national and Victorian pricing rules.

  1. Usage rate – This is what you pay for each unit of power you use, shown in cents per kilowatt hour.
  2. Daily supply charge – This fixed daily cost applies every day of the billing period, used or not.
  3. Comparison price percentage – Every offer states how far above or below the benchmark it sits.
  4. Benefit period – Most discounts run for 12 months, then the rate reverts.

The headline rate covers one of the four. We weigh the supply charge, exit fees, sign-up credit and any direct debit condition alongside it. A low rate sitting on a high supply charge often costs more across a year.

Check the discount type too. A guaranteed discount applies to everyone, while a conditional discount only applies if you meet the terms. If green energy matters to you, look for a GreenPower option before you sign up.

Published 6 August 20268 mins read
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Where GoSwitch compares energy plans

GoSwitch compares electricity and gas plans in New South Wales, Victoria, south-east Queensland, South Australia and the ACT. These jurisdictions adopted the National Energy Customer Framework, which lets you choose your own energy provider.

We cover households and small business customers on the same panel. Western Australia, the Northern Territory, Tasmania and regional Queensland sit outside our service. Prices in those markets are regulated rather than set by competing retailers.

What you should be paying per kilowatt hour

The Australian Energy Regulator publishes a benchmark annual price for each network it regulates in New South Wales, south-east Queensland and South Australia, and it reset on 1 July 2026.

In Sydney, the Central Coast and the Hunter, the Ausgrid benchmark sits at $1,899 a year for a household using about 3,900 kilowatt hours. Endeavour Energy covers greater western Sydney and the Illawarra at $2,328. Essential Energy covers regional New South Wales at $2,604, down 5.0 per cent.

South-east Queensland sits at $1,988 on the Energex network, down 7.2 per cent. South Australia rose 1.4 per cent to $2,334.

Those figures describe a benchmark household, not yours. Energy rates move with how much power you use and when, so we run the comparison on your own electricity rates and consumption.

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Who has the cheapest energy plans right now

No single retailer is cheapest everywhere. The winner changes by network, by tariff and by usage. The cheapest plan in Sydney is rarely the cheapest in Adelaide.

Market offers routinely sit several hundred dollars below the benchmark. Look for plans with no exit fee and no lock-in contract, since these let you move again if a better deal appears.

We compare major energy retailers including AGL, Alinta Energy, Red Energy, ENGIE, OVO Energy, Powershop, Sumo and Nectr, alongside smaller electricity suppliers. Once you have a shortlist, one of our energy specialists checks it against your last bill. A percentage cannot see how your household actually uses power.

How default offers and the comparison price work

Three regulators set the benchmark price, depending on where you live. The Australian Energy Regulator sets the Default Market Offer for New South Wales, south-east Queensland and South Australia. It released the 2026-27 determination on 26 May 2026, effective 1 July. The determination sets both an annual comparison price and a cap on what retailers can charge.

In Victoria, the Essential Services Commission sets the Victorian Default Offer across the state’s five distribution zones. Its final decision applies from 1 July 2026 to 30 June 2027.

In the ACT, the Independent Competition and Regulatory Commission regulates ActewAGL’s standing offer. It approved a maximum rise of 2.73 per cent for 2026-27, about $64 a year for a typical household.

A standing offer is the default plan you land on if you never choose one. A market offer is priced to win your business and is almost always cheaper.

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What makes up your energy bill

Two charges make up every bill, and your tariff decides how the second is calculated. Our guide to electricity pricing covers the tariff types in detail.

  • Daily supply charge – This fixed daily fee covers staying connected to the network, and it applies even when you use no power.
  • Usage charges – These cover the electricity you actually consume, measured in kilowatt hours and billed in cents per kilowatt hour.
  • Single rate tariff – A single rate tariff charges one rate for all usage, whatever the hour, which makes it the simplest option.
  • Time of use tariff – A time of use tariff changes the rate across peak, off-peak and shoulder periods, and needs a smart meter.
  • Controlled load – A controlled load puts one appliance on its own meter at a lower rate, usually hot water or a pool pump.
  • Demand tariff – A demand tariff adds a charge based on the highest power you draw at one time during peak periods.

Energy rebates and concessions by state

Every state and territory we cover runs an energy concession, and most apply automatically once your retailer holds your card details.

New South Wales pays a Low Income Household Rebate of up to $285 a year, or $313.50 for embedded network customers. Victoria discounts usage and service costs by 17.5 per cent through its Annual Electricity Concession. The ACT offers up to $800 through its Electricity, Gas and Water Rebate.

Queensland and South Australia both run annual electricity concessions, indexed each July. A rebate changes the maths, so our comparison applies the concession you qualify for to the estimate. Pensioners and self-funded retirees should also check seniors energy discounts.

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Switching time frames for electricity and gas

Most electricity switches complete within a few business days once your cooling-off period ends. Gas usually takes longer, because the transfer takes effect from your next scheduled meter read.

You will need the National Meter Identifier from your bill. You also get a ten business day cooling-off period from the date your new retailer sends your contract information.

There is no paperwork to post and no interruption to your supply. Your new electricity retailer handles the transfer, and our guide to switching electricity providers walks through each stage.

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How to switch energy plans with GoSwitch

  1. Enter your postcode to see the plans available at your address.
  2. Answer a few questions about your household size, usage and solar setup.
  3. Review the results, ranked by estimated annual cost against the benchmark.
  4. Pick the plan that suits your budget and how you use power.
  5. We handle the transfer with your new provider from there.

GoSwitch holds an Excellent rating on Trustpilot from over 14,000 reviews, which is a fair measure of how that last step tends to go. Add your postcode above, check the cheapest electricity and gas offers near you, and we will take it from there.

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FAQs

Yes, provided the electricity account is in your name and you pay the retailer directly rather than your landlord. The exception is an embedded network, common in apartment blocks, retirement villages and caravan parks, where your choice of retailer is limited.

Not always, because the dual fuel discount is often smaller than the gap between the cheapest gas plans and electricity plans bought separately. You still receive two bills either way, so compare the two separately with us before assuming a bundle wins.

Yes, because solar panels export electricity that earns you a feed-in tariff and offsets what you buy back from the grid. Plans advertising the highest solar feed-in tariffs often carry higher usage rates, so compare the estimated annual cost instead.

The Solar Sharer Offer gives eligible households three hours of free electricity a day, capped at 24 kilowatt hours and needing a smart meter. It runs from 11am in New South Wales and south-east Queensland, from midday in South Australia, and you have to opt in.

Compare once a year, timed to when your benefit period expires or shortly after the 1 July reset. Most plans carry variable rates that can move between bills, and a standing offer is the maximum price your retailer can legally charge.

Nothing at all, and the comparison is free to both households and small businesses to use. GoSwitch is paid a commission by the retailer when someone switches, plan prices are never marked up, and you are under no obligation to move.

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