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Compare Electricity Plans

Looking for a cheaper power plan that’ll still suit your home energy usage and habits? We compare plans from a large range of electricity providers to help you find the right match.

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Utilities Editor
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  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
Value Rank Glossary
out of 10 Glossary
27% less
than reference price Glossary
$1,326 Glossary
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  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
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out of 10 Glossary
22% less
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$1,425 Glossary
Distributed By Distributed By Ausgrid
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  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
Value Rank Glossary
out of 10 Glossary
22% less
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$1,425 Glossary
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Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon No lock-in contract with variable rates Glossary
Value Rank Glossary
out of 10 Glossary
18% less
than reference price Glossary
Conditional discounts: $50.00 off the bill for Moving Credit
$1,449 Glossary
including conditional Glossary
discount Glossary
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Brand Satisfaction Glossary
  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
Value Rank Glossary
out of 10 Glossary
21% less
than reference price Glossary
$1,442 Glossary
Distributed By Distributed By Ausgrid
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  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
Value Rank Glossary
out of 10 Glossary
21% less
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$1,452 Glossary
Distributed By Distributed By Ausgrid
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  • icon Ongoing plan with no renewal required Glossary
  • icon No lock-in contract with variable rates Glossary
Value Rank Glossary
out of 10 Glossary
16% less
than reference price Glossary
$1,540 Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
star star star empty empty
Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon No lock-in contract with variable rates Glossary
Value Rank Glossary
out of 10 Glossary
15% less
than reference price Glossary
$1,553 Glossary
Distributed By Distributed By Ausgrid
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Brand Satisfaction Glossary
  • icon 12 month plan with no exit fees Glossary
  • icon No lock-in contract with variable rates Glossary
Value Rank Glossary
out of 10 Glossary
15% less
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$1,554 Glossary
Distributed By Distributed By Ausgrid
Basic Plan Information
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  • icon Ongoing plan with no renewal required Glossary
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16% less
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$1,529 Glossary

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The initial results in the table above are sorted by Value Rank (High-Low) , then Price/year (estimated) including conditional discount (Low-High) , then Brand Satisfaction (High-Low) . Additional filters may have been applied, see top of table for details.

Latest in electricity

Some of the energy providers we compare

How to choose the best energy plan for you


To choose the best energy plan for your household, you’ll need to consider what factors are important to you. Whether that be price, plan options, such as fixed rates or green options, or the provider, identifying what your priorities are will help narrow down your choices.

To find out more on each of these points, click on the tiles below.

Find the best electricity prices available


Every Aussie household dreams of paying less for power. But, how do you go about finding the best possible price for your energy bill? While the final figure is a great place to start, it’s also important to consider your usage and supply charges, as these ultimately decide what you’ll fork out come the due date. 

To see what prices are available in your area, check out our guides below. 

Cheapest Electricity Prices

Canstar Blue’s energy experts select the top three cheapest plans available in each state right now, as well as the cheapest variable rate, fixed rate, discounted and no discount electricity plans. 

Best Value Electricity Plans

Using our unique Value Rank, these guides reveal the plans with the best score that offer fixed rates, variable rates, value-add incentives or no conditions. We also show the overall highest scoring plan in each state. 

Compare the best electricity providers


You’ve got a price, you’ve got a plan type, but have you chosen a retailer that’s got what it takes to provide you with great customer service? That’s where our expert, consumer-led research comes in. We list all our current award winners below to help you compare the providers currently rated best in the biz in a range of areas. 

Most Satisfied Customers Awards

Each year at Canstar Blue, we release our annual satisfaction ratings for electricity providers in New South Wales, Victoria, South Australia and Queensland. In these reports, providers are ranked based on value for money, customer service, bill & cost clarity, ease of sign-up, focus on environmental sustainability, online tools and advice and overall satisfaction. Our recent winners included:

 

Canstar Blue Outstanding Value logo Electricity Plans NSW 2023

Outstanding Value Awards

Canstar Blue’s Outstanding Value Awards are based on our unique value rank methodology and highlights the electricity providers that offer superior prices, value and features for consumers in each eligible state or territory. 

Our 2023 winners for electricity plans included GloBird Energy (NSW, QLD), CovaU (VIC), OVO Energy (SA), Origin Energy (ACT) and Energy Locals (TAS).

 

Most Trusted Electricity Providers 2023 Logo

Most Trusted Electricity Provider

In addition to determining which electricity provider has the most satisfied customers in eligible states, Canstar Blue also uses this data to determine the electricity provider that is most trusted by Aussie consumers. This is collated by asking consumers to rate their level of trust in their electricity provider on a scale of one to 10.

From our 2023 results, Red Energy emerged as the clear winner.

 

Innovation Excellence Awards

Canstar Blue’s Innovation Excellence Awards acknowledge products or services from energy companies that think outside the box when it comes to benefiting Aussie consumers.

In 2023, we awarded SENEC for its SENEC.Cloud virtual solar storage package for home battery systems.

 

Green Excellence Award Canstar Blue Energy 2022

Green Excellence Awards

Canstar Blue also acknowledges products, initiatives and services from electricity providers that help consumers to live more sustainably. These are recognised through our Green Excellence Awards.

Our 2022 awards winners included Energy Locals, Enova Energy, Momentum Energy and Nectr. 

Please note, Enova Energy entered voluntary administration in June 2022.

Compare electricity plans from the big three providers


  • No exit fees                                          
  • Carbon offset and GreenPower options 
  • Discounts for bundling with internet
  • Access to AGL Rewards 
  • Regular sign-up incentives

Energy Australia logo

  • Guaranteed discounts 
  • GreenPower options
  • 12-month benefit periods 
  • No exit fees 
  • Solar options

Origin logo

  • Variable rate offers
  • Carbon offset and GreenPower options
  • Access to Everyday Rewards Points
  • Discounts for bundling with internet
  • 12-month benefit periods

 

Compare electricity plans from other popular providers


Remember, bigger isn’t always better. And while there are plenty of big electricity companies, which have a large portion of the market share, there are also several other, smaller energy providers to choose from. Always be sure to compare offers from a range of providers, both big and small before making a purchase decision.

alinta energy logo

  • No conditional discounts 
  • 12-months subscription to Kayo Basic available on some offers
  • No exit fees

Dodo logo

  • No exit fees
  • Discounts for bundling with internet 
  • GreenPower options available

Lumo Energy logo

  • Access to Lumo Rewards
  • Fixed and variable rate offers
  • GreenPower options

Powershop logo

  • Carbon offset and GreenPower options
  • Prepaid energy packs available 
  • No exit-fees

Red Energy

  • Fixed and variable rate offers
  • Sign-up incentives such as Qantas Points or Zoo memberships depending on location
  • GreenPower options available

simply-energy_by-engie

  • Carbon offset and GreenPower options
  • Special discounts and plans for NRMA and RAA members
  • No exit fees

 

Why compare electricity plans with Canstar Blue?


Easy to compare

Compare electricity plans from some of the biggest providers across Australia to help you find the best value for money

100% free to use

Our electricity comparison service is completely free to use. Plus, we’ll never ask for your phone number

Switch with confidence

We include a ‘value score’ that ranks electricity plans based on other value-add features in addition to price. Learn more

 

About our energy experts


Tara-Donnelly-smallTara Donnelly

Utilities Editor

Tara Donnelly is Canstar Blue’s Utilities Editor, leading the team that focuses on energy, telecommunications and consumer technology, across news, reviews and how-tos. Tara has spent more than a decade covering these topics in Australia, the US and Canada, which means she’s written about countless product launches and industry changes, including the rise of 5G, Australia’s ongoing NBN rollout, the recent years of energy price volatility and the rise of renewable energy sources.

Tara also has long experience in writing within the comparison industry, giving her great insights into the information consumers want when determining which plan or device will best meet their needs, while time spent in the financial sector before turning her talent to content lets her crunch the numbers on price with ease. Tara leads the coverage of Canstar Blue’s ratings and awards for the internet and phone sectors and is an expert at advising consumers on how to use comparison tools to find the best power, internet or phone deal.

Her expertise has seen her appear in national media including 9 News, 7 News, Sunrise, the ABC, The New Daily and The Sydney Morning Herald.

Meet the Editorial Team

Breanna GreamBreanna Gream

Data Insights Team Lead

Bachelor of Business (Finance) with Distinction & Bachelor of Mathematics (Applied Computational Modelling) with Distinction, QUT

Breanna Gream is Canstar’s Data Insights Team Lead, responsible for developing the methodology and delivering Canstar Blue’s Value Ranking and determining Outstanding Value award winners for the energy and telecommunications sectors. Breanna completed a double Bachelor’s degree in Business, majoring in Finance, and Mathematics, majoring in Applied Computational Modelling, at the Queensland University of Technology.

Breanna enjoys using her skills to help consumers find more suitable utilities plans by transforming complex calculations into a Value Rank that provides a simpler way to compare different products. She most recently developed Value Ranking methodologies for wireless broadband plans and solar energy plans, to make it easier for households to identify plans that provide good value not just in terms of prices but also the features they offer. Breanna’s work on Value Ranking plays a key part in determining the winners of Canstar Blue’s Outstanding Value awards for electricity, gas, solar, phone and internet brands.

Many of the articles published by Canstar Blue feature calculations also undertaken by Breanna and her team, which converts pricing data into easy-to-understand cost forecasts and average price information for readers.

During her time at Canstar Blue, Breanna has developed an in-depth knowledge of product, market and regulatory changes across the electricity, solar, gas, internet and phone sectors, and particularly likes keeping Canstar Blue’s methodologies up to date and reflective of the ever-changing utilities environment. 

When Breanna’s not crunching data, she’s likely to be somewhere remote – two of her favourite things to do are hiking and mountain climbing.

Meet the Research Team

FAQs about Electricity

If you’ve reached a stalemate on price then it might be time to start looking at the type of plan you want. For most Australian households, it’ll be a toss-up between a market offer and standard contract. 

Market Offers

Market retail contracts are energy plans designed by retailers. These are almost always cheaper than the alternative standard retail contracts offered, and are likely to include discounts, incentives or bonuses for customers. The main downside to a market offer is that a retailer can change the price at any time, unless it is a fixed rate plan. The majority of these offers come with variable rates. 

Standard Contract

Standard retail contracts – also known as standing offers of default market offers – are plans with the terms and prices set by a state government. Retailers in deregulated electricity markets must provide a standard retail contract by law as a default option for customers yet to switch to a market offer contract. Standard retailer contracts generally have higher rates than market retail offers and there are no discounts available. As such, standard offers are more expensive and are not intended as a viable alternative to market contracts.

Variable vs Fixed Rate

If choosing a market offer, the next decision will be whether you want to lock-in your rates for a period of time or leave it in the hands of your provider. Fixed rate energy plans are a great way to bring a level of certainty to your power bills for 12 to 24 months. But it does mean that you’re stuck with that price until your contract ends. With variable rates while your prices may fluctuate, it does mean that if cheaper prices become available, you’ll have a better chance of accessing them. And rest assured – while your retailer can change prices at any time on a variable rate offer, they are still legally required to give you at least five business days’ notice before implementing any changes to your bill.

Electricity charges refer to the individual cost components that make up an energy bill. The two main charges are supply and usage. 

Supply Charges

An electricity supply charge is a cost incurred for remaining connected to an energy network. Supply charges vary considerably from state to state, generally ranging in costs from 80c to $1.50 each day. Even if you don’t use any power, you will still need to pay the supply charge. Despite supply costs being a charge imposed by energy distributors, the rates will vary from retailer to retailer. 

Usage Charges

Electricity usage charges are what you pay for each kWh of electricity your household consumes – the more energy you use, the more you will pay. Usage charges generally cost around 20c/kWh to 40c/kWh, but prices vary significantly between states and depending on your provider. Usage charges will typically be the costliest element of your electricity bill, so it’s important to understand what rate you are paying and whether you could find a lower rate with a different supplier.

A tariff refers to the pricing structure of your electricity usage charges. Depending on your tariff, you may be charged different rates depending on when, or how, you use electricity. Tariffs can vary between energy retailers, but the most common electricity tariffs are:

Single Rate Tariffs

A single rate tariff charges electricity at a flat rate, no matter the time of day or season. This is generally the standard tariff an energy customer is placed on and doesn’t require additional metering or resources. If you are a single rate tariff customer, you might see these charges referred to as a ‘peak’, ‘anytime’ or ‘general usage’ rate on your bill. 

Time of Use Tariffs

A time of use tariff charges different rates for power depending on the time of day, or in some cases the time of year, you are using your energy. These charges are generally broken into three sections; peak, off-peak and shoulder. Peak time is when customers will be charged the most for power usage as this time correlates to when demand is greatest on the grid – typically between 3pm and 9pm on weekdays. Off-peak times are generally the cheapest for customers on this kind of tariff, however this time is usually in the middle of the day or later in the evening, depending on where you live. Shoulder times cover all those outside of these. 

Controlled Load Tariffs

A controlled load tariff is a separate charge used to measure power from high-usage appliances, such as hot water systems or pool pumps. Typically, this tariff is only charged for limited hours in the day and will only measure usage from the nominated appliance. As such, a controlled load tariff must be used in conjunction with a single rate or time of use tariff, which can then measure the rest of the properties’ energy usage. 

Peak and off-peak electricity times refer to separate usage rates that are charged for different times of the day. This type of pricing structure is only  available to customers on a time of use tariff. A flexible pricing tariff means customers are charged three separate electricity usage rates for either ‘peak’, ‘off-peak’ or ‘shoulder’ periods, and is common for households with smart meters installed.

  • Peak: A ‘peak rate’ is charged during periods where there is a high demand for electricity. Peak usage rates are generally applied from 3pm to 9pm and are considerably higher than those charged in off-peak or shoulder periods.
  • Off-Peak: An ‘off-peak rate’ is charged during periods of reduced energy usage. Off-peak electricity rates generally apply from 11pm through to 7am and are much cheaper than shoulder or peak period rates.
  • Shoulder: A ‘shoulder rate’ is a rate charged between peak and off-peak periods when there is a mild demand for electricity. Shoulder rates usually apply from 9pm to 11pm and 7am to 3pm. Shoulder rates are more expensive than off-peak periods and cheaper than peak periods.

There are a few scenarios in life which could leave you scratching your head trying to figure out who your energy provider is. Whether you’ve moved into a new place and have stayed with the previous occupant’s energy provider, or the energy bill responsibility has just been passed down to you and you’re unsure of where to even start, don’t fret, there are a couple of things you can do to check.

  1. Talk to the last person who would have taken care of the bill: If you’re still able to get in touch with the last person paying the bill, whether it be an old housemate or family member, the best thing to do is ask them to transfer the electricity account into your name. The same goes if you’ve just moved into a new house, where you might be able to get in touch with the old residents through your landlord or real estate agent.
  2. Call up your electricity distribution network: Finding your distributor is as easy as visiting our region-specific distribution network guide. They will be able to tell you what electricity provider is currently registered to your address.

What if I have a complaint about my supplier?

To issue a complaint about your electricity retailer, you can contact the energy Ombudsman for your respective state or territory.

Before submitting a complaint to the ombudsman, try resolving the issue with your electricity retailer first. You and your energy company will usually be able to reach a solution without a need to take it further.

There is an important distinction between electricity retailers and distributors. In a nutshell, a retailer is the company that bills a customer for using energy, while a distributor is responsible for maintaining electricity supply. For billing enquiries, it’s best to contact your electricity retailer, otherwise known as a power supplier. You’ll need to contact your energy distributor if you’re enquiring about a power supply issue, outage, new electricity connection or fallen powerlines.

According to our customer satisfaction ratings research published in February 2023, the average quarterly electricity bill in Australia sits at around $292. Please note, this data included households of all sizes and should be used as a general guide only.

Energy is an essential service and one almost all households will have to spend money on, but that doesn’t mean it has to cost you an arm and a leg. If you’re looking to shave a few bucks off your next power bill, insulating your home or installing energy efficient lighting and appliances may help. Unplugging appliances and monitoring your energy usage through apps or devices may also assist you in keeping informed of your usage habits.

Discounts are a percentage deduction made from your electricity costs at the end of each billing period. Energy discounts are only available on market retail contracts, and the amount you are discounted – if at all – will vary across different plans and electricity companies. Discounts you might commonly encounter include:

The discount amount will usually be taken off your electricity usage costs. However, some providers have discounts off your entire bill instead. Be aware that not all high-discount plans work out the cheapest overall options as some of the contracts with the highest discounts will also include the highest usage or supply charges, which can negate the overall savings. Failing to meet the conditions of your discount could also mean you are charged a fee. Also keep in mind that energy discounts have benefit periods and can expire.

Deregulated energy markets allow providers more freedom to compete. There are typically two levels to energy market deregulation in Australia: competition and price deregulation. Some states and territories may choose to keep regulating prices, but allow other retailers to compete for market share. Others may choose to deregulate both. New South Wales, south-east Queensland, South Australia and Victoria operate as completely deregulated markets.

Regulated energy markets tend to have more restrictions around price and competition, leaving limited options for customers. Similar to deregulated markets, regulated markets also have varying levels of restriction. Tasmania, the Northern Territoryregional and far north Queensland and the Australian Capital Territory are still regulated for price but have deregulated competition, meaning other providers are welcome to join. Western Australia is currently the only state to still regulate both competition and price.

While a bundled energy deal may simplify your bills, you should only do so if you’re still getting a good price for both your electricity and natural gas. As such, it is important to compare these plans separately and read the fine print, including the details of any conditional discounts that may arise from it being a dual fuel package, before making a purchase decision. Some retailers may also only offer natural gas if you are already an electricity customer, so be sure to keep an eye out for that too.

Most energy companies let you switch online in a process that often takes just a matter of minutes. Before you do this, however, make sure you’re not locked into a minimum term contract with your provider, because if you are, a cancellation or exit fee may need to be paid. If you have an open term contract, it’s not necessary to inform your current provider that you’re leaving – your new energy company will handle that for you. The steps to switch energy providers in Australia are as follows:

  1. Find a new energy plan and sign up
  2. Your old power provider will then take up to two business days to finalise your details and transfer your information to your new provider
  3. Your new retailer will then send a welcome package and reach out to discuss any payment details with you.

Moving house is hassle enough and the last thing you want to worry about is having to connect your electricity. But it doesn’t have to be all doom and gloom. If you’re moving house, here are some tips to help you get the lights switched on quick and easy.

  1. Contact your provider in advance: Make sure to notify your provider of your intended move with plenty of notice. This way, it can organise an end date for the power at your old place and a start date for the new one. Most providers have a section on their website with information on how to organise this. Alternatively, you can also call.
  2. Check whether you need to disconnect or reconnect the power: In some instances, you may also need to have the power disconnected or reconnected to the grid entirely when you move. This typically comes at an additional cost.
  3. Take a reading of both meters: If possible, try and record the number on the meter at your old residence when you leave and the new place once you move in. This way, if the power is left on in either location, you aren’t footing the bill for someone else’s energy usage.

Can I have electricity at two houses while moving?

Yes, it is possible to have electricity switched on at two locations while moving house, even if both properties are in your name. Although, be warned this can be both a blessing and a curse. On the one hand, this allows you to rest assured that the electricity will be on no matter your location. But, if you’re not proactive with switching one location off soon enough, you may end up forking out on two separate power bills!

You’ll generally only need a smart meter if you wish to access flexible pricing tariffs, such as time of use tariffs. Smart meters are meters that provide energy usage information every half hour, allowing households and businesses to more closely monitor usage through apps and web portals.

Smart meters are installed in most Victorian homes and are becoming increasingly common in New South Wales, South Australia and Tasmania. It is recommended that customers monitor their electricity usage through their smart meter to become better informed about their usage habits, which could result in reduced costs.

Important information

For those that love the detail

This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.

Canstar Blue may earn a fee from its Online Partners for referrals from its website tables, and from sponsorship or promotion of certain products. Fees payable by product providers for referrals and sponsorship or promotion may vary between providers, website position, and revenue model. Sponsorship/promotion fees may be higher than referral fees. If a product is sponsored or promoted, it’s an ad and it is clearly marked as such. An ad might appear in different places on our website, such as in comparison tables and articles. Ads may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. The location of an ad doesn’t indicate any ranking or rating by Canstar Blue. Payment of fees for ads does not influence Value Rank or Customer Satisfaction Ratings. See How We Get Paid to find out more.

General Disclosure - Energy 

The data in the table is updated within 24 hours of Canstar Blue becoming aware of a change. You can find a description of the initial sort order below the table. This is the case unless you are in Tasmania, in which case the initial table display is sorted by Value Rank (highest to lowest), then by Price/year including conditional discounts (lowest to highest) and then alphabetically by provider name. You can use the sort buttons at the top of each column to re-order the display. Learn more about our Electricity Value Rank Methodology

Please note that the Brand Satisfaction rating displayed in the table is a rating relating to customers’ overall satisfaction with the brand. It should not be confused with an individual product rating. Learn more about Electricity Brand Satisfaction ratings and for more information on how the Brand Satisfaction ratings are calculated, read the Canstar Blue Most Satisfied Customers Methodology

The results do not include all energy retailers or products in the market and may not compare all features relevant to you. Canstar Blue does not supply electricity or gas services. If you decide to apply for a particular energy product, you will deal directly with the retailer, not with Canstar Blue. Fees, charges, product information and contract terms should be confirmed directly with the relevant retailer. 

Some plans may require you to meet certain conditions before a discount may become available to you. Check the energy provider’s plan information for details of all possible discounts that may apply and any conditions that need to be met for you to be eligible for these discounts.

Sometimes we may display special or bonus offers on our website. These offers are not provided by Canstar Blue. We recommend you confirm the availability of the offer with the product provider prior to applying for any product.

Check your current plan's exit fees and other termination provisions before changing providers.

Some plans may have a minimum term that is longer than one year. In that case the total cost over the term will be much higher than the estimated Price, which is for one year only. Consider the provider’s detailed product and pricing information before making a decision to take out a new plan or switch electricity providers.

Pricing Information 

The Price shown is inclusive of GST and is either:

  • the estimated lowest possible price a representative customer would be charged in one year for this plan, assuming all conditions of discounts offered (if any) have been met, based on the Australian Energy Regulator’s model annual usage in the distribution region as shown at the top of the table; or
  • if you have provided usage data from your electricity bill, the estimated annual amount payable for this plan is based on your individual circumstances.

The estimated Price is based on single rate tariffs, which may also be known as ‘peak tariffs’, ‘peak only’ or ‘anytime’ tariffs, and, if applicable, controlled load tariffs, which may also be known as ‘controlled any time’, ‘controlled load 1’ or ‘controlled load 2’.

For Tasmania only

The general usage for products displayed in the table for Tasmanian postcodes is based on the median electricity usage of customers in Tasmania. The median usages are: 2,947 kWh/year for a Single Rate tariff, and 7,428 kWh/year for a Single Rate + Controlled Load tariff. These usage assumptions are based on the latest Typical Electricity Customers in Tasmania report released by the Office of the Tasmanian Economic Regulator. If the amount of electricity you actually use differs greatly from this estimate, your bill could be significantly larger or smaller than the charges listed for each plan.

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