Electricity bills can quickly become overwhelming, especially when they begin to soar! To champion this challenge, it’s crucial to begin with the basics. And the most fundamental factor? Your electricity provider!
We’ve conducted extensive research on the top-rated affordable electricity providers in Australia to help you secure the cheapest rates and maximize your savings.
Your Guide to Affordable Electricity Providers by State
The electricity rates in Australia vary widely across different states and distribution networks, influenced by various factors like market competition, energy infrastructure, and local regulations.
To help you navigate such differences, we have outlined the most affordable providers in every major territory and state, depending on average annual costs for a household using up to 4,000 kWh per year. These rates include applicable discounts but might differ, so make sure to compare budget electricity providersand check the best rates before switching.
If you want to cut short on household expenses, checking out low-cost energy provider deals in your area is a simple yet effective way to start saving.
New South Wales (Ausgrid)
- Cheapest Provider: GloBird Energy
- Typical Annual Cost: $1,320
- Discount: Around 25% below the reference price, with an extra 2% discount for paying by direct debit on time.
- This plan is extremely competitive for NSW residents, particularly those who can meet the payment conditions for additional savings.
Victoria (Citipower)
- Cheapest Provider: Tango Energy
- Typical Annual Cost: $1,090
- Discount: Around 25% below the VDO (Victorian Default Offer), with no specific conditional discounts mentioned.
- The electricity market of Victoria is known for competitive pricing, and Tango Energy stands out due to its low rate in the Citipower network.
Queensland (Energex)
- Cheapest Provider: GloBird Energy
- Typical Annual Cost: $1,470
- Discount: Around 26% below the reference price, with an extra 2% discount for paying by direct debit and on time.
- The consistent appearance of GloBird Energy across states showcases its competitive pricing strategy.
South Australia (SA Power Network)
- Cheapest Provider: Momentum Energy
- Plan: Warm Welcome
- Typical Annual Cost: $1,771
- Discount: Around 21% below the reference price ($2,230 for SA, depending on 4,000 kWh/year).
- Details: Usage rate of around 32.12c/kWh, supply charge of 146.96c/day, $50 welcome credit, and around 2.5c/kWh solar feed-in tariff. Needs direct debit as well as eBilling.
- South Australia has more than 20 energy providers, and the plan of Momentum Energy is effective, especially for its combination of incentives and low cost.
Australian Capital Territory (Evoenergy)
- Cheapest Provider: Origin Energy
- Plan: Go Variable
- Typical Annual Cost: $1,850
- Discount: Around 24% below the reference price, with zero specific conditional discounts mentioned.
- The ACT market is comparatively smaller, and Origin Energy provides an amazing option for cost-conscious customers.
Tasmania (Tasmanian Networks)
- Cheapest Provider: Energy Locals
- Plan: Home Classic
- Typical Annual Cost: $2,020
- Discount: Around 13% below the reference price that includes a $197.88 membership fee.
- The electricity market of Tasmania is less competitive, and Energy Locals offers a reasonable option despite the membership fee.
The above-mentioned figures are based on average household usage and might vary from individual bills that depend on tariff types, network charges, and personal consumption. For customized estimates and to pick top-rated affordable electricity providers in your area, you should use reliable comparison tools with your postcode.
A Detailed Comparison of Australia’s Cheapest Electricity Providers
This chart highlights top-rated affordable electricity providers across Australia for 2025, depending on annual costs for residential consumers on a single-rate tariff. Prices might fluctuate with market changes or individual usage, so it’s important to compare budget electricity providers and find out the latest deals before switching.
| State/Network | Most Affordable Provider | Typical Annual Cost | Discount from Reference Price | Important Notes |
| New South Wales (Ausgrid) | GloBird Energy | $1,320 | Around 25% less | Includes pay on time and direct debit discounts; depending on 3,900 kWh/year |
| Victoria (Citipower) | Tango Energy | $1,090 | Around 25% less than VDO | Depending on 4,000 kWh/year; VDO = Victorian Default Offer |
| Queensland (Energex) | GloBird Energy | $1,470 | Around 26% less | Includes on-time payment and direct debit discounts; depending on 4,600 kWh/year |
| South Australia (SA Power Network) | GloBird Energy | $1,750 | Around 18% less | Includes pay-on-time and direct debit discounts, depending on 4,000 kWh/year |
| Australian Capital Territory (Evoenergy) | Origin Energy | $1,850 | Around 24% less | Depending on 6,500 kWh/year |
| Tasmania (Tasmanian Networks) | Energy Locals | $2,020 | Around 13% less | Includes $197.88 membership fee, depending on 8,500 kWh/year, postcode 7000 |
Some Additional Details to Consider –
- The Warm Welcome plan of Momentum Energy provides around 32.12c/kWh usage rate, $50 welcome credit, 146.96c/day supply charge, and a 2.5c/kWh solar feed-in tariff.
- The BOOST plan of GloBird Energy features approximately 33.66–36.3c/kWh usage rates, a 1.5c/kWh solar feed-in tariff, and a 124.3c/day supply charge.
- The Free FIRST Plan of Kogan Energyincludes around 36.8c/kWh usage rate, 1.4c/kWh solar feed-in tariff, 12 months of free FIRST membership, 102.77c/day supply charge, and up to $100 sign-up credit for the existing FIRST members (T&Cs apply).
Smart Ways to Find Australia’s Top Electricity Deals
To choose Australia’s top-rated affordable electricity providers and secure the finest rates, keep the following factors in consideration. Keep an eye out for Australia’s low-cost energy provider deals in your area to witness a significant reduction in your overall expenses –
- Compare electricity plans regularly using tools such as Finder, Money.com.au or Canstar Blue, as reports highlight most Australian households could save hundreds annually just by switching to more cost-effective market deals.
- Check the annual reference price of your state, and pick plans priced below it — like GloBird Energy’s in QLD and NSW — to guarantee better value and cost savings.
- Many providers provide conditional discounts for paying on time, email billing, or using direct debit — like GloBird’s extra 2-3% off and the Warm Welcome rates of Momentum. Additionally, check for sign-up bonuses, including Kogan’s $100 or Momentum’s $50 credit for existing FIRST members, to slash initial costs.
- Maximize savings by relying on providers with competitive solar feed-in tariffs, such as GloBird Energy’s 1.5c/kWh or Momentum Energy’s 2.5c/kWh in SA, to lower your net electricity bill.
- Check plan terms for exit fees, tariff types, or contract lengths, as most new market offer have zero exit fees, allowing for easy switching, like in South Australia’s deregulated market since 2012.
- Consider bundled gas and electricity plans for better rates, such as Lumo Energy, named Best-Rated Dual Fuel Provider in 2025 by Canstar Blue, for more savings.
- For high-usage households, the time-of-use plans can provide cheaper rates during off-peak hours such as nighttime, offering savings if your consumption needs align with these periods.
Hope this blog has resolved your quest for Australia’s top-rated affordable electricity providers and helped you get the best rates!
