The South East Queensland electricity market has undergone a swathe of regulatory changes, most notably with the introduction of ‘fairer’ default energy pricing. These changes may have set a new reference point for pricing; however, …
In the midst of Australia’s bushfire emergency, some of the country’s biggest energy companies have pledged financial support to the communities impacted at a time when thoughts are on much more important things than power …
Despite recent changes to how energy providers can advertise their plans, comparing and finding the best deal for your circumstances is still quite tricky. But with huge savings potentially on offer, it pays to do …
There has been a lot of confusing changes to the Victorian energy market over the years, including the way power companies advertise their products. This can make finding the right electricity plan a little difficult, …
These days, Aussies have a mountain of reasons to shop around for a new energy provider, particularly as market deregulation has given customers the freedom to get up and leave if they’re unsatisfied with their …
Aussies are mistakenly sweating through the summer months through fear of paying high peak time energy prices.
A new Canstar Blue survey has highlighted the misconception from some households that think they are paying high peak …
There’s a welcome boost to power price competition in New South Wales, with Victorian upstart GloBird Energy making the move north with a new budget offer.
Promising “unbeatable rates for gas and electricity”, GloBird Energy has …
*Most trusted comparison site, source Canstar Blue research, conducted by Qualtrics October 2019. n=1,504 respondents were asked to rate over 30 comparison sites from 1-10. A minimum of 30 responses were required for a comparison site to be counted.
*QLD, SA and NSW: Price is GST inclusive and is: The estimated lowest possible price a representative customer would be charged in a year for this plan, assuming all conditions of discounts offered (if any) have been met, based on the AER’s model annual usage in the distribution region as stated at the top of each table.
~VIC: Price is GST inclusive and is: The estimated lowest possible price a customer would be charged in a year for this plan, using the Victorian Government’s annual reference consumption for domestic customers in your distribution region as stated at the top of each table and assuming all conditions of discounts offered (if any) have been met.
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 to be eligible for these discounts. Some plans may have a minimum term longer than one year. In that case the total cost over the term will be much higher than the Price (which is only for one year). Consider the provider’s detailed product and pricing information before making a decision to take out a new plan or switch electricity providers.
^^What is the Reference Price?
Reference Price: The reference price is set by the Australian Energy Regulator (AER) for a financial year in relation to electricity supply to residential customers in the distribution region and is based on an assumed annual usage amount. Any difference between the reference price and the unconditional price of a plan is expressed as a percentage more or less than the reference price. The terms of any conditional discounts are shown, along with any further difference between the reference price and the discount applied if a condition is met, expressed as a percentage more or less than the reference price.
>What is the VDO?
VDO: The Victorian Default Offer (VDO) includes a daily supply charge and usage charges (per kilowatt hour). Differences in tariffs across distribution regions reflect the unique costs of providing electricity services in each area. The difference between the VDO and the unconditional price of a plan, based on the Victorian Government’s annual reference consumption for domestic customers in the distribution region, is expressed as a percentage more or less than the VDO. The terms of any conditional discounts are shown, along with any further difference between the VDO and the discount applied if a condition is met, expressed as a percentage more or less than the VDO.
*ACT: Costs based on annual household usage of 5499kWh/year on the EvoEnergy network in Canberra, January 2020. For more information on annual cost calculations please click here.
*TAS: Costs based on annual household usage of 6775kWh/year on the TasNetworks electricity network in Tasmania, January 2020. For more information on annual cost calculations please click here.
†By clicking on a brand, 'go to site' or ‘details’ button, you will leave Canstar Blue and be taken to our referral partner to compare. Canstar Blue may be paid for this referral. You agree that Canstar Blue’s terms and conditions apply to this referral.
Canstar Blue may earn a fee for referrals from its website tables, and from sponsorship of certain products. Fees payable by product providers for referrals and sponsorship may vary between providers, website position, and revenue model. Sponsorship fees may be higher than referral fees. Sponsored products are clearly disclosed as such on website pages. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. Sponsored products may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. The table position of a Sponsored product does not indicate any ranking or rating by Canstar. The table position of a Sponsored product does not change when a consumer changes the sort order of the table. For more information please see How Are We Funded.
Annual cost estimates exclude solar payments. Feed-in tariffs shown are single rate only.
Solar products may only be available to solar customers and some products may only be available to customers who purchase solar PV or other products through the retailer.