Mon-Fri 9AM to 8PM (AEST)Melbourne is one of Australia’s biggest cities, so it follows that they have one of the biggest selections to compare electricity providers so residents can access cheap electricity and gas plans. With hot summers and cold winters, Melbournians are no strangers to seasonal spikes in their electricity bill, but with the right know-how, you can find some great deals to access cheap electricity all year round.
Find the Cheapest Electricity in Melbourne
At CheapBills, we have a simple process to compare energy providers wherever you live. We have partnered with some of Australia’s leading energy suppliers to help you compare energy Victoria and find some of the best Melbourne power suppliers available to save you money on your bills.
It only takes a few minutes to compare electricity and gas – simply call one of our Melbourne energy experts to connect now.
Compare Energy Victoria with CheapBills
CheapBills is a Melbourne-based company with tons of local knowledge to help you save money on your bills. Don’t spend hours researching your options, just connect with us by calling 1300 786 045!
The first step is understanding your current plan to connect electricity and your energy usage. Our experts will talk to you about the amount you are currently paying for your supply and usage charges, including any different tariffs you have, such as off-peak rates or controlled load tariffs, so we can compare electricity rates that are right for your home.
We will talk to you about how you use your energy, so we can compare energy prices from the best type of plan and tariff to maximise your savings. This will include the size of your household, how many people live there, what times they are home, whether anyone works from home, if you have solar power and when you use energy-hungry appliances such as heating and cooling, hot water, laundry, pool pumps or charging an electric car.
If you have a smart meter, you can see exactly how much energy you are using on the in-home device or app and determine what times of the day or days of the week you use the most. This can be the key to finding the right plan to suit your needs when you compare energy Victoria.
Who are the Top Energy Providers in Melbourne?
CheapBills can help you compare electricity prices and find some of Victoria’s cheapest energy plans from our panel of preferred providers. Victoria’s energy prices can fluctuate and retailers regularly release discounts and special offers, so be sure to compare gas and electricity plans every 12 months.
We will compare energy plans from some of Melbourne’s top electricity providers, including:
There are other retailers to energy compare in Melbourne, including Origin Energy, AGL, Dodo, Alinta Energy, Simply Energy, Lumo Energy, Momentum Energy, 1st Energy and Red Energy. To compare energy Victoria from these providers, you can review the information on their website for the most recent rates and deals.
Understanding Energy Contracts For My Connection
When you compare energy plans you will see the option between fixed rate and variable rate contracts. The right choice for your home depends on your personal preferences and the offers available in the market. With soaring energy prices, many customers have chosen to switch to a fixed rate to protect their bills from any future price spikes.
When you call CheapBills for a Melbourne energy comparison, one of our experts will explain the options and help you make the right choice for your personal circumstances.
- Fixed-rate – your daily usage rate will remain the same for the duration of your benefit period (usually 12 months) even if electricity prices rise during this time. There are often exit fees to leave a fixed-rate contract early and the usage rate is often higher than the current variable rate.
- Variable rate – your usage rate can change in response to increases in the cost of wholesale electricity. Many retailers offer no lock-in contracts and no exit fees so you can compare energy plans and change to a better option at any time.
The terms and conditions of fixed-rate and variable-rate contracts vary between providers. Make sure you understand the details of your electricity compare results before you make a decision.
The other choice you will need to make is between fixed-term contracts and no lock-in contracts.Â
- Fixed-term – a fixed-term contract is generally for 12 months. It may include benefits such as lower rates or $0 connection fees, however, you will have to pay exit fees if you move house or want to compare electricity and gas providers to change plans early.Â
- No lock-in – this gives you the option to change plans or energy providers at any time without any penalties or fees. This is a great choice in a volatile energy market with fluctuating electricity prices, or if you are considering moving house in the near future.
As with any contract, it’s also important to understand all the fees and charges associated with your energy plan, so you don’t get any unpleasant surprises.
Hidden fees and charges – some common charges to look out for when you compare energy Victoria include connection and disconnection fees (these are set by the energy distributor in your area), late fees, payment processing fees, credit card fees and special meter readings if you move house.
Victorian Government Rebates to Help with Your Bills
There are several support options to help pay for your bills and make your Melbourne home more energy efficient.
The Victorian Energy Upgrades (VEU) program can help you save on your energy plan in Melbourne and benefit the environment by contributing to the transition to renewables at the same time.
The VEU Program aims to:
- Reduce energy prices for Victorians
- Help cut greenhouse gas emissions
- Promote investment in Melbourne’s renewable energy
- Assist in employment and innovation in industrial sectors that offer low-energy services
In 2023, every Victorian household is eligible to claim the $250 Power Saving Bonus. This is a one-off payment for ALL Victorian households to help ease the rising costs of energy bills. It was initially rolled out in 2022 as part of the COVID relief package, and a second round of payments was released in 2023 to help with the ongoing rising cost of energy.
There are also many state and federal concessions and rebates available for Melbourne households. Eligible card holders, including pensioners, concession cards and low-income households, may be entitled to assistance with their gas and electricity plans. In addition, the Utility Relief Grant helps to pay overdue energy bills or water bills for people experiencing unexpected hardship. This grant provides relief of up to $1,300 and must be applied for through your power supplier.
Green Energy Providers in Melbourne
Every Melbourne energy provider powers your home with energy from the grid, which is made up of energy generated from fossil fuels as well as the renewable sector. While electricity providers can’t offer 100% clean energy, many energy providers in the area are working hard to improve Melbourne’s energy efficiency by becoming carbon-neutral and/or offering GreenPower to their customers. Â
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