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Compare electricity plans with CheapBills

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*CheapBills does not compare electricity plans from all brands in the market. We partner with preferred providers and compare a selection of their products.

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Find and Compare electricity plans

The expert team at CheapBills will find you the best electricity plan for your needs. Did you know that electricity prices for an average household or small business in Australia are among the highest in the world? That’s why it’s important to compare electricity plans every year, to make sure you’re still getting the best deal.

Interestingly, not everyone pays the same price for their electricity, even if they live in the same area and consume the same amount of electricity. Our comparison tool will find you the best plan from our range of providers to make sure you’re not paying more than you need to. So sit back, relax and get ready to enjoy cheaper electricity. 

When you compare electricity plans, there are a few very important things that you should consider, because not all plans are made equal. Many retailers offer electricity plans with different rates for on and off-peak electricity usage, which can lead to big savings. You should also look out for plans that offer competitive solar feed-in tariffs if you have solar panels installed, and if you have very high usage items, such as an electric vehicle or swimming pool, some retailers have plans specifically for these items.

With so much to look out for, comparing electricity plans can be very time consuming, and just a little bit overwhelming. 

When you call CheapBills, we will talk to you about all of your unique energy consumption needs and find you the perfect plan from our panel of preferred electricity retailers. All in one easy phone call. On average, our customers save $400 on their energy bills, just by getting in touch. We’ll even take care of making the switch to a new electricity provider for you. 

Don’t spend another day paying too much for your electricity bill. Give us a call today.

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Compare Electricity and Gas in these States

Our electricity and gas comparison service is only available in states that have a deregulated electricity and gas market. Each energy provider is only able to sell energy in some regions, therefore the number of electricity and gas providers that are compared for you differs depending on where you live. In the rest of Australia, you can only purchase energy from one provider in your region.
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Cheap Electricity Deals

To get a cheaper deal on electricity in Australia, choose CheapBills! Simply contact our friendly customer service team between 9am and 8pm on weekdays for an expert energy price comparison and the cheapest electricity deals in Australia.

Electricity plans vary in almost every city of Australia, with customers paying different rates for the same energy usage. We can help you compare the best electricity and gas plans available in Melbourne, Sydney and all major Australian cities, so you can start saving today!

To find you the cheapest electricity plan for your unique needs, we’ll ask you to tell us a bit about yourself, such as your current energy plan, the name of your current supplier, your usage habits, including if you have solar panels, work from home or drive an electric car, and the rate you’re currently paying.

Once we know these details, we can get to work finding you a better deal. Our team will do all the hard work for you and put together a selection of plans from the providers we work with. We’ll then get in touch to run you through them. Then it’s up to you to choose the one you like best! Once you have decided, we’ll walk you step by step through the switching process to make sure it all runs smoothly.

Answer some simple questions about your current provider and we’ll get back to you with some alternative plans to suit.

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Have a recent bill handy and give us a call to compare electricity plans to suit your lifestyle and budget.

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FAQs About Electricity

Here are some common questions for customers wanting to switch energy providers and save on bills.

CheapBills is able to determine what is the best and cheap electricity and gas deal for you. There is no ‘one best electricity deal’. Rather it depends on your budget and overall consumption. Cheap Bills works methodically to find a tailor- made deal that is just right for you.
A kilowatt stands for 'KiloWatt Hour',and is a unit of energy that measures how much electricity your home has used. Appliances are often described in terms of their wattage, that is, the power they require to run.
A megawatt (MW) is a unit of electric load or electric capacity. A MW is equal to 1,000 kilowatts (kW). An MWh is the amount of electricity generated by a one megawatt (MW) electric generator producing or operating electricity for one hour.
On-peak hours are generally between 7 am and 11 pm on Monday to Friday (except most holidays) when the most people are using electricity. Usage during on-peak hours incurs the highest rates. Off-peak hours are between 11 pm and 7 am when fewer people are using electricity. Usage during off-peak hours has the lowest rates. Each state in Australia has different peak times.
You can consume cheapest electricity Victoria during your typical off-peak hours- late at night or early in the morning. So, these are the times you can utilise to save money on your electricity bill.
Run your washer and dryer early in the morning or at night to take advantage of off-peak time. During the winter, electricity demand is highest in the morning hours between 7 and 9 am when people are using up heat. Doing laundry in the evening is your best time to save on money.
  • Air conditioning & heating
  • Water heating
  • Appliances
  • Lighting
  • TV and media
There could be several reasons why your electricity bill is higher than usual. These could be:
  • Time of year (winter is always highest given the demand for heat and hot water)t)
  • New charges added by provider
  • An electric fault that you’re not aware of causing a rise in pricing
  • Your consumption habits that you’re not fully aware of

When you look at your energy bills, you will notice several charges are combined to reach the total amount that you pay. It’s important that you understand each charge so that you can compare plans fairly.

  • Supply Charge: The supply charge on your energy bill is the base cost for your retailer to supply energy to your home. This charge is a combination of a cost from the distributor, covering the cost of providing, maintaining and reading the customer’s electricity meter, as well as maintaining the distribution poles and wires which transport electricity to the customer’s property and a recovery of a portion of the retailer's fixed operating costs.
  • Demand charge: The demand charge is an additional fee charged for using power during the highest power demand times, usually between 3pm to 9pm on weekdays. This time period is referred to as ‘on-peak’. When you compare plans, make sure to look for a provider that offers a good off-peak rate, and if you can, try to consume energy during off-peak hours to reduce the cost of your energy bill.
  • Distributor Charge: If you notice a distributor charge on your energy bill, this is due to actions outside the regular supply of energy to your home. A distributor charge is the cost of additional services such as same-day connections or emergency works.
  • Consumption charge: The consumption charge is the total amount your retailer will charge you for the amount of energy consumed by your household or small business, based on your daily energy usage. This cost can vary depending on your plan and any discounts or special offers you are eligible for.

The National Electricity Market (NEM) has three types of meters for residential and small business customers: Basic, Interval and Smart. The different types of meters are governed by AEMO (Australian Energy Market Operator) as outlined in Chapter 7 of the NER (National Electricity Rules).

  • Basic electricity meter: The majority of residential and small business electricity consumers in Australia have their electricity use measured by Basic Accumulation meters that have limited functionality. This results in them having limited information from which to make informed decisions about their electricity usage and costs.
    There are two types of Basic meters - accumulation meters that measure only the total amount of electricity consumed over a period and are manually read by a meter reader, or Time of Use (ToU) meters that record total usage within set periods. These can be aligned to a Time of Use tariff to enable you to pay lower rates for your off-peak electricity usage.
  • Interval Time of Use (ToU) meter: These meters record how much electricity is used every 30 minutes. This means you can have different electricity rates for usage at different times of the day, depending on the tariff you sign up to with your electricity retailer. Some of the benefits of interval meters include more detailed information on your energy use and the opportunity for pricing plans that provide incentives to reduce your demand for electricity during peak times. You can make some significant savings by choosing a plan with discounts for off-peak energy usage.
  • Smart Meters, also known as Advanced Meters (AMI): Smart meters record customer usage and demand in real time and are remotely read in 30 minute intervals. Smart Meters can be linked to in-home devices so that you can make informed decisions about your electricity consumption.
    If you live in Victoria, you should by now have a smart meter as they are compulsory across the state and the roll-out is coming to an end.
    Because Smart meters record your electricity usage throughout the day, you can benefit from off-peak rates, so make sure you choose a retailer with a suitable plan. Off-peak rates can be substantially lower than on-peak rates, so your Smart Meter will let you see when you use the most electricity, so you can switch your usage habits to make use of the cheaper rates. This might include running your washing machine and dishwasher overnight or setting a timer on your cooling system.

If you’re not sure which type of meter you have, you can take a look at your electricity bill or give CheapBills a call.

A smart meter is an electronic device which is more advanced than your traditional meter. It records information such as consumption of electricity, voltage levels, current, and power factors. More and more homes and buildings across Australia are being fitted with one. In Victoria, smart meters have become compulsory.
The truth of the matter is that plugged-in appliances can really drive up your electricity bill. Unplugging these makes a difference and might save you an extra $100 to $200 a year.
Some providers will offer you a discount if you bundle your gas and electricity services together on a plan with the one provider. Cheap Bills can help you in finding the right bundled deal for you.
Electricity is one of the most widely used forms of energy. The electricity that you use is a secondary energy source. It is actually produced by converting primary sources of energy like coal, natural gas, nuclear energy, solar energy, and wind energy, into electrical power.
Most TVs today, given they are designed with a good energy rating, consume less than 5 watts a year in standby, which is a very small amount equal to a few dollars.
The $250 Power Saving Bonus is a one-off payment available just to eligible Victorian households to help cover the cost of their energy bills. Visit compare.energy.vic.gov.au between 1 February 2021 and 31 January 2022 to apply online. Only one payment will be paid per household.
  • Victoria – 2002
  • South Australia – 2003
  • New South Wales – 2002/2003 (Elec and Gas. However, gas prices are regulated)
  • Queensland 2007
  • Tasmania – 2014
  • NSW (Gas) - 2017
Generators produce electricity from coal, wind, solar, hydro and nuclear.
Green energy is produced from renewable sources such as wind, solar and hydro.
Distributors manage and maintain the poles, wires and pipes that deliver electricity to your home. Distributors are also responsible for some metering services. Smart meters can be read remotely.
The ‘on-selling’ of electricity to customers, including customer service and managing bills.
  • Single rate – No variation in usage rates (24 x 7 x 365)
  • Block rate – a usage rate calculated based on blocks of usage
  • Shoulder – shoulder rates sit between peak and off-peak times
  • Off-peak – rates change in low usage periods, such as overnight
  • Time of use – different times of day incur different rates; same goes for different times of year
  • Feed-in tariff – paid to the customer based on the amount of energy they ‘feed in’ to the grid, mainly made possible by generating solar power using solar panels. It is only applied on top of one of the other usage tariffs.
National Meter Identifier. Every Electricity meter has a unique 11 alphanumeric digits (10 digits + checksum)

You can find the cheapest electricity Victoria among the following energy providers in Australia.

  • Momentum Energy
  • Energy Australia
  • Simply Energy
  • Alinta Energy
  • AGL
  • Origin Energy
  • Dodo
  • Lumo Energy
  • Powershop
  • GloBird Energy
  • Tango Energy
  • Red Energy

If you are looking for the cheapest electricity in Victoria, CheapBills is here to help you. With just a few clicks, you can receive a free, accurate electricity comparison to see which Victorian energy provider offers the best rates on electricity and gas.

Back in 2009 in Victoria electricity pricing became deregulated. This allows providers to set their own prices. As a result, electricity prices are very competitive in Victoria. Compare electricity plans With CheapBills to find the best deal for you. Please keep in mind that the price of electricity depends on a number of factors, including what type of meter you have, where you live, your provider, and energy consumption. Cheapbills can suggest to you the best and cheapest electricity Victoria.

Pretty much every energy provider in Victoria offers you different types of discounts on your electricity. Do your research to see which one gives you the best value and saves you money long-term not just short-term. In addition to discounts provided by energy providers in Victoria, the Victorian Government also provides a range of electricity discounts and concessions. These are to help low-income households and also apply to gas and LPG. To find out more contact your energy provider or visit the Department of Human Services. So, you can find the cheapest electricity Victoria after proper research in the market.

The Victorian Government plans to reduce the state’s electricity consumption by investing in renewable energy over the next 5 to 10 years. It has already invested $1.6 billion in renewable energy. Households across Victoria are being encouraged to install rooftop solar panels at no up-front cost or little cost as an initiative to go solar. Solar power can help households save anything from $5000 to $8000 in their energy bills. In addition, it helps save our planet by providing a cleaner energy source.

During times of peak consumption Victorians pay more for their electricity usage. Victorians generally use the most electricity during the summer months generally between 3pm and 9pm when people are at home and using their cooling systems, televisions, lights and other household appliances.

Winter can also cause peak demand with the use of heating. In recent years peak demand has grown due to population growth and an increase in technological use. As a result, electricity distribution companies have had to build more infrastructure like poles and wires. This has increased electricity prices for consumers who naturally are shopping around for better deals. So, the comparison of different energy providers and their electricity offers has skyrocketed. Cheapbills can suggest cheap electricity and gas connection in Victoria.

Are you paying too much for your electricity in Victoria? Or perhaps you just want to see what other deals are out there? Contact the electricity comparison experts at CheapBills today who will find you the cheap electricity and gas deal for you.

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