Search for the “best customer-rated energy providers” in Australia on the Internet, and you will instantly get thousands of results! The biggest problem is that even with an endless amount of information out there on the topic, figuring out where to begin isn’t easy. Don’t worry!
We bring you a comprehensive analysis that helps you compare Australia’s top electricity providers and uncover the most affordable deals near you.
A Glance at the Australian Electricity Market
Before you deep-dive into energy provider deals comparison, understand the structure of Australia’s electricity market. This market is incredibly deregulated, especially in states like New South Wales (NSW), South Australia (SA), Victoria (VIC), Tasmania (TAS), Queensland (QLD), and the Australian Capital Territory (ACT).
Deregulation enables customers to freely choose their electricity retailer, encouraging competition and potentially leading to more affordable pricing and lucrative deals. However, electricity prices could differ by location with factors like usage patterns, state regulations, and network distribution costs.
The DMO (Default Market Offer) in SA, NSW, and south-east QLD, along with the VDO (Victorian Default Offer) in VIC, serve as benchmark prices to help consumers compare different market plans, many of which include great discounts and special offers.
Australia’s Top Electricity Providers: Comparing Plans and Deals
The following analysis unlocks Australia’s best providers offering cost-effective, competitive plans across states. This table below highlights the leading providers, annual costs, discounts, and notes on additional savings and regional availability –
| Provider | State/Network | Discount Below Reference Price | Typical Annual Cost | Additional Savings | Notes |
| GloBird Energy | Ausgrid (NSW, 3900 kWh) | Around 25% less | $1,360/year | Up to $40/year with pay on time, direct debit (around 2% extra off) | Competitive in several states |
| GloBird Energy | Energex (QLD, 4600 kWh) | Around 26% less | $1,520/year | Up to $50/year with conditions (2% extra off) | High discount for Queensland |
| GloBird Energy | SA Power Network (SA, 4000 kWh) | Around 18% less | $1,810/year | Approximately $60/year with pay on time, direct debit (3% extra off) | Less competitive in SA |
| Ampol Energy | Ausgrid (NSW, 3900 kWh) | Around 24% less | $1,370/year | - | Great discount for NSW |
| Kogan Energy | Ausgrid (NSW, 3900 kWh) | Around 23% less | $1,400/year | - | Amazing option for NSW residents |
| Tango Energy | Citipower (VIC, 4000 kWh) | Around 25% less (Victorian Default Offer) | $1,090/year | - | Best for Victoria with high discount |
| Alinta Energy | Citipower (VIC, 4000 kWh) | Around 24% less (Victorian Default Offer) | $1,110/year | - | Ideal for Victoria |
| Momentum Energy | Ausgrid (NSW, 3900 kWh) | Around 20% less | $1,440/year | - | Consistent across states |
| Momentum Energy | SA Power Network (SA, 4000 kWh) | Around 17% less | $1,830/year | - | Decent option for SA |
| Origin Energy | Evoenergy (ACT, 6500 kWh) | Around 24% less | $1,850/year | - | Strong for ACT |
| Red Energy | Ausgrid (NSW, 3900 kWh) | Around 20% less | $1,440/year | - | Popular for reliable service |
| Powershop | SA Power Network (SA, 4000 kWh) | Around 17% less | $1,850/year | - | Known for renewable options |
This table features some of the top picks, such as GloBird Energy for better discounts, Alinta and Tango in VIC, and Origin and Momentum for the best deals in SA, NSW, and ACT.
State-by-State Breakdown: How Electricity Deals and Prices Vary
Electricity costs as well as deals differ by state owing to differences in network regulations and distribution.
South Australia faces some of the highest prices, making it important for customers to compare plans and switch providers frequently to skip default rates’ “lazy tax.” Going through genuine electricity provider reviews can also help choose the most cost-effective options.
In Victoria, the VDO (Victorian Default Offer) comes up with a benchmark, with providers such as Tango Energy providing notable discounts.
In Queensland and NSW, the DMO (Default Market Offer) sets a price cap, and multiple plans include sign-up discounts, which often expire post 12 months—highlighting the significance of daily plan reviews and switching for ongoing savings.
Compare the Best Deals Near You with These Tools!
To find the most cost-effective electricity deals near you, you should rely on some reliable online comparison tools, which let you enter your estimated usage and postcode. Backed by these platforms, you can find tailored options according to your location or consumption patterns.
Some of the key resources include the following –
- Finder
Provides updated comparisons of gas and electricity plans, with accurate insights on discounts and conditional savings.
- Canstar Blue
This one specializes in comparing local electricity plans and highlighting the advantages and drawbacks of regulated pricing.
- Energy Made Easy
It’s a free government-run service providing genuine comparisons on electricity plans for small businesses and households in QLD, NSW, TAS, SA, and ACT.
If you would rather not get lost in a maze of countless reviews or scroll through several sources to find the best customer-rated energy providers near you, count on the tools mentioned above.
Slash More to Save More on Your Electricity Bill!
Get into saving mode with these tips –
- Check for Conditional Discounts
There are many plans, like those from GloBird Energy, provide additional discounts for setting up direct debit or paying on time. For instance, around 2-3% extra off can significantly lower annual costs by approximately $40-$60, based on usage.
- Switch Providers Regularly
Electricity costs may change frequently, and new consumer discounts often last just 12 months. Switching every 1-2 years may help you benefit from such introductory rates, avoiding steeper rates on basic plans.
- Reduce Usage
Small yet effective changes –like using energy-efficient appliances, unplugging devices when not using them, or cooking with lids on pots – can reduce your consumption and lead to significant savings.
- Understand Billing Options
Some providers also offer “bill smoothing” or monthly billing, where you need to pay only a fixed amount every month depending on estimated usage. It’s convenient, but don’t forget to check your usage to avoid surprises!
In a Nutshell
Leading providers including Momentum Energy, GloBird Energy, and Tango Energy consistently provide some of the most cost-effective electricity deals in Australia—with discounts up to 26% below reference prices and additional savings through conditional offers.
For the best results on energy provider deals comparison, count on Comparable—a free Australian platform that brings ease in finding the best local deals on energy, broadband, and finance plans.
Simply enter your choices to compare top-tier options from reliable providers that perfectly suit your needs and budget. Comparable also provides personalized consultations and streamlines the switching process for a hassle-free experience.
