With a few months of this year already behind us, it’s time to hit pause and refocus on what truly matters. Bring more peace of mind into your life by saving smarter — not just by avoiding impulse buys, but also by slashing your everyday costs, especially those rising electricity bills!
Australia has no dearth of top-rated affordable electricity providers — but which one truly offers the cheapest rates? In this blog, we uncover some of the cheapest electricity deals set to lead 2025 and share some effective tips to help you save even more on your energy bills.
Australia’s Power Play – A Guide to Top Electricity Providers
Electricity prices in Australia are confusing, fluctuating by state, distribution network, and usage. While most states are part of the NEM (National Electricity Market), regions like the Western Australia and Northern Territory operate separately, causing different pricing and provider options.
Considering the typical household usage (approximately 3,900–4,000 kWh per year) and plans providing impressive discounts, this comprehensive guide will help you compare budget electricity providers and pick Australia’s most affordable deals for your usage.
Current Comparison: Find Australia’s Cheapest Electricity Providers
Look into this detailed chart comparing the low-cost energy provider deals by territory and state, depending on typical annual costs, available discounts, etc. Figures include conditional discounts (such as on-time payments or direct debit) where applicable –
| State/Territory | Network | Cheapest Provider | Typical Annual Cost | Discount |
| Victoria | Citipower | Tango Energy | Around $1,090 | Approximately 25% less than Victorian Default Offer |
| NSW | Ausgrid | Globird Energy | Around $1,320 | Approximately 25% less than the reference price |
| Queensland | Energex | Globird Energy | Around $1,470 | Approximately 26% less than the reference price |
| South Australia | SA Power | Globird Energy | Around $1,750 | Approximately 18% less than the reference cost |
| ACT | Evoenergy | Origin Energy | Around $1,850 | Approximately 24% less than the reference price |
| Tasmania | TasNetworks | Energy Locals | Around $2,020 | Approximately 13% less than the reference price (includes $197.88 membership fee) |
| Northern Territory | Rimfire Energy | - | Around $2,693 | Includes around 12.1c/kWh solar feed-in tariff) |
Noteworthy Points on the Chart
- Typical Annual Cost: The typical annual costs are estimated depending on average household usage — 4,000 kWh for Citipower (Victoria) and 3,900 kWh for Ausgrid (NSW). The real costs might fluctuate based on postcode or individual usage patterns.
- Discount: The discount refers to the reduction of percentage compared to the state’s reference costs or default offer (Victorian Default Offer in Victoria and AER Reference Price elsewhere).
- Plans and Rates: While certain plan names aren’t always listed, top-rated affordable electricity providers including Origin Energy, Tango Energy, and Globird Energy provide competitive rates with valuable discounts for on-time payments and direct debit. For example, Globird Energy’s plans in South Australia, NSW, and Queensland typically match listed prices under these terms, while Tasmania’s Energy Locals add a membership fee that affects costs.
- Northern Territory: The Northern Territory of Australia operates outside the NEM, with just a few providers available. Among them, Rimfire Energy deserves a mention for its impressive solar feed-in tariff for homes with solar panels.
To compare budget electricity providers in Australiaand get genuine insights, count on online tools like Canstar Blue and Finder.
Top Affordable Electricity Providers: State-Specific Insights
Here’s a breakdown of the top-rated affordable electricity providers in Australia, where you can find the finest low-cost energy provider deals –
- Tango Energy (Victoria, Citipower) – Plans at around $1,090/year, approximately 25% below the Victorian Default Offer — a perfect pick for upfront savings.
- Globird Energy (Queensland, NSW, and South Australia) – Plans from around $1,470/year in Queensland (Energex), approximately $1,750/year in South Australia (SA Power), and approximately $1,320/year in NSW (Ausgrid). Discounts apply with direct debit/timely payments, with higher rates if conditions aren’t fulfilled.
- Origin Energy (ACT, Evoenergy) – At approximately $1,850/year, it’s up to 24% under the reference price, providing competitive rates for Canberra homes.
- Energy Locals (Tasmania, TasNetworks) – Around $2,020/year, including a $197.88 membership fee. While it’s up to 13% below the reference price, the fee might be a drawback.
- Rimfire Energy (Northern Territory) – The highest at approximately $2,693/year, reflecting a bit higher regional prices and fewer providers. Includes around 12.1c/kWh solar feed-in tariff, beneficial for solar households.
You can pin your faith in the data provided above, as it’s been sourced from reliable platforms such as WATTever and Finder, both of which rank plans depending on features, price, and network-centric offers.
Why Your Monthly Electricity Bills Keep Rising
While the option to compare budget electricity providers might result in great savings, there are some hurdles preventing households from slashing their electricity bills. Let’s unlock some of the key factors at play –
- Staying on Standard or Default Offers
Many households stay on expensive default plans. Switching to low-cost energy provider deals can save hundreds each year — loyalty often comes at a price!
- Location-Specific Pricing
Always remember, electricity prices fluctuate by location. With few options in place, such as the NT and WA, finding top-rated affordable electricity providers is more challenging than in states with more competition.
- Mismatch Between Usage and Reference Prices
Reference prices reflect average usage, but your real consumption may vary with ToU plans or solar panels. To increase savings, always compare budget electricity providers as per your real usage.
- Hidden Fees and Conditional Discounts
Many low-cost energy provider deals count on conditions such as on-time payments. Skip them, and costs increase. Watch for hidden fees too because they can cancel out your savings.
- Lack of Efforts or Awareness to Compare Plans
Making a switch to providers might feel overwhelming, and many miss out on huge savings. Squeezing time out to compare budget electricity providers could slash costs — but it takes a little effort.
- Fixed vs. Variable Rates and Market Variations
Variable rates might rise or vary, while fixed rates provide stability but aren’t always the most affordable. Consider comparing budget electricity providers to pick the best long-term value for your requirements.
Shock Your Wallet Less with These Tips!
While cutting down your electricity rates isn’t always easy, there are very simple yet effective steps you can follow to save more –
- Take just a few minutes to compare budget electricity providers in Australia, and pick low-cost energy provider deals in your area.
- Hunt for plans with valuable discounts for on-time payments, solar feed-in tariffs, or direct debit.
- Install solar panels and combine them with affordable electricity providers providing strong feed-in tariffs.
Slash Your Electricity Bills in Half This Year!
If you don’t want the stress of finding the top-rated affordable electricity providers in Australia, let Comparable do the hassle! It allows you to compare deals, plans, and rates from different suppliers in one place. You can instantly discover customized, affordable options tailored to your location and needs, helping you secure low-cost energy deals hassle-free.
