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Expert Picks: Best Value Energy Plans QLD (October 2024)

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Every month our team of energy geeks will update this page with the best offers on our database from QLD electricity providers. This way you’ll always be ahead of the game.

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, the industry still has a long way to go in terms of making it easier to compare deals.

Choosing the best energy plans is made possible by our expert methodology, which places each product under the microscope, examining its features, price, customer service and billing. Then we give each plan a Value Score out of 10.

If you’re tired of sifting through multiple websites to find the latest and greatest deals, then look no further. Here are the best value plans on our database for Queenslanders, including the best market offers from the ‘big three’ retailers, as well as various types of plan styles. To get started, simply click on the links below to your preferred energy plan.

Best Energy Plans QLD October 2024

The pricing shown below is based on the Energex network in Brisbane, QLD. If you’d like a more accurate quote from your area, jump onto our comparison tool.

Compare cheap electricity plans in Queensland

Here are some sponsored deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from our referral partners†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Here are some of the cheapest published deals from the retailers on our database that include a link to the retailer’s website for further details. These are products from referral partners†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year for a residential customer on a single rate tariff. Please use our comparison tool for a specific comparison in your area and to see other products in our database that may be available. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

Overall Best Value Plan, Kogan Energy [Kogan Energy for Current FIRST Members]

Value score: 9.7

Here is Kogan Energy’s plan on our database for SEQ. This is a product from a referral partner†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

  • $100 sign-up credit
  • Billed monthly
  • No paper bill fee.

What to look out for:

  • Rates are variable and may change at any time
  • Low feed-in tariff
  • Customers must be Kogan Energy FIRST Members.

Best Value Fixed Rate Plan, EnergyAustralia [Rate Fix Plan]

Value score: 7.9

Here is EnergyAustralia’s plan on our database for SEQ. This is a product from a referral partner†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

  • Energy rates that are locked in for 12 months
  • 3% guaranteed discount on total bill
  • GreenPower available.

What to look out for: 

  • Late payment fees may apply
  • Disconnection fees may apply
  • Rates may change after the 12-month benefit period.

Best Value Variable Rate Plan, Kogan Energy [Kogan Energy for Current FIRST Members]

Value score: 9.7

Here is Kogan Energy’s plan on our database for SEQ. This is a product from a referral partner†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

  • $100 sign-up credit
  • Billed monthly
  • No paper bill fee.

What to look out for:

  • Rates are variable and may change at any time
  • Low feed-in tariff
  • Customers must be Kogan Energy FIRST Members.

Best Value Plan with Extras, Kogan Energy [Kogan Energy With Free First]

Value score: 9.2

Here is Kogan Energy’s plan on our database for SEQ. This product is from a referral partner†. This is a product from a referral partner†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

  • Free 12-month Kogan First membership
  • Monthly billing
  • No exit fees.

What to look out for:

  • Rates are variable and may change at any time
  • Disconnection and connection fees may apply
  • Offer not available to current Kogan First members.

Best Value Plan with No Discount Conditions, Powershop [Power House]

Value score: 9.5

Here is Powershop’s plan on our database for SEQ. This is a product from a referral partner†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

  • Monthly billing available
  • No lock-in contract
  • No exit fees.

What to look out for:

  • Rates are variable and may change at any time
  • Average feed-in tariff
  • Move-out and read fee may apply.

Best Value AGL Plan [Value Saver – New to AGL]

Value score: 8.0

Here is AGL’s plan on our database for SEQ. This is a product from a referral partner†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

  • No exit fees
  • $100 sign-up credit for new customers
  • Monthly billing available.

What to look out for:

  • Rates are variable and may change over time
  • Disconnection and connection fees may apply
  • Only available for new AGL customers.

Best Value Origin Plan [Go Variable – New Customer Only]

Value score: 7.9

Here is Origin Energy’s plan on our database for SEQ. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

  • $300 bill credit for customers who stay connected until December 31, 2024
  • Monthly billing options available
  • No exit fees.

What to look out for:

  • Rates are variable and may change at any time
  • Must sign up via the Origin website
  • Credit card fees may apply.

Best Value EnergyAustralia Plan [Flexi Plan]

Value score: 7.9

Here is EnergyAustralia’s plan on our database for SEQ. This is a product from a referral partner†. These costs are based on the Energex network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4600kWh/year. Please use our comparison tool for a specific comparison in your area. Our database may not cover all deals in your area. As always, check all details of any plan directly with the retailer before making a purchase decision.

What’s good about the plan:

  • GreenPower add-on options available
  • Paper billing available
  • Guaranteed 5% discount on usage and supply charges.

What to look out for:

  • Variable rates may change at any time
  • Disconnection charges may apply
  • Credit card fees may apply.

More expert picks plans, courtesy of our Value Rank formula

 

How to find a great electricity deal in QLD

  1. Usage rates: Lower usage rates that cover the cost of using electricity (per kWh) and gas (per MJ)
  2. Supply charges: Competitive fixed daily fees for supplying your home with electricity or gas
  3. Discounts: Conditional or guaranteed discounts off your bills can help save on annual energy costs
  4. Bill credits: Like a discount but offers a credit off your bill, either as a standalone amount or ongoing
  5. Sign-up incentives: Access to rewards programs, frequent flyer points or entertainment services
  6. Fixed rates: Some plans comes with energy rates locked in for a set period meaning no rate rises
  7. Variable rates: Look out for low variable rates on plans but keep in mind they can change over time
  8. Customer service: Compare call centre hours and satisfaction ratings of energy providers
  9. Online tools and support: Does the company have an app and can you access your account online?

Our Value Score and methodology explained

Trying to define the ‘best value’ energy plans in QLD may sound a little confusing, but with the help of our expert methodology, we’re confident in listing the most competitive deals in the Sunshine State. Although overall price is a huge factor in determining our ‘Value Score’, we also look at other components, like customer incentives, rewards programs and more.

Each plan is rated with a Value Score or ranking out of 10, which includes a Price Score and Features Score. Here are the factors that are considered:

Feature Score:

  • Billing & Payments
  • Customer Services & Support
  • Plan Flexibility

Price Score:

  • The estimated lowest price a representative customer would be charged in a year for this plan, assuming all conditions (if any) have been met, based on the AER’s model annual usage in the distribution region as shown at the top of each table. If you have provided usage data from your electricity bill, the estimated annual amount payable for this plan will be based on your individual circumstances
  • The Price Score includes applicable discounts assuming all conditions have been met
  • The Price Score may factor in the Reference Price where you have not provided usage data from your electricity bill

Canstar Blue considers plan features most relevant to consumers in the calculation of Value Rank. However, not every feature is included in the Value Rank, nor every feature that is relevant to you. For more details on how the Value Score works, read our methodology here.

Image credits: obodatefania/Shutterstock.com

Frequently Asked Questions

 

How we pick the best value plans

  1. Overall Best Value Plan: This plan is determined by what’s currently our top performing energy plan sorted by Value Score.
  2. Best Value Fixed Rate Plan: Our best-ranked plan as determined by our Value Score with fixed rates, meaning energy prices don’t change during the agreed period.
  3. Best Value Variable Rate Plan: The best value plan with energy rates that are variable, meaning prices are not fixed and are subject to change.
  4. Best Value Plan with Entertainment: This is an energy plan with the highest Value Score, which includes an additional entertainment feature or subscription.
  5. Best Value Plan with No Discount Conditions: Our best value plan which has no conditional discounts, bill credits or similar. For example, it doesn’t require direct debit payment or similar.
  6. Best Value AGL Plan: The best value plan from AGL based on our Value Score.
  7. Best Value Origin Plan: The best value plan from Origin based on our Value Score.
  8. Best Value EnergyAustralia Plan: The best value plan from EnergyAustralia based on our Value Score.

In the event that two or more plans have the same value score in any given category, the cheapest option will be featured.

Tara Donnelly
Utilities Editor
Tara Donnelly is an internet and mobile expert - sectors she’s spent a decade covering - and also oversees energy and consumer technology content. She holds a Bachelor of Communications from the University of Canberra and has shared her expertise on national media including 9 News, 7 News, Sunrise and the ABC.

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