Victoria Electricity Plans Background

Victoria Electricity Plans

Here at Canstar Blue, we’re committed to helping you find the fairest energy deal available to you in Victoria. Our comparison tool filters electricity plans on features such as cheap rates and brand satisfaction according to surveyed Victorian households. We also spotlight our unique value rank — a score out of ten that weighs up each plan’s price and features value. Enter your details into the field below to get started.

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Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star star
Brand Satisfaction Glossary
Glossary
29% less
than VDO Glossary
$1,036 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
Glossary
30% less
than VDO Glossary
$1,015 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
Glossary
28% less
than VDO Glossary
Conditional discounts: Reduces to 30% below the VDO for Pay on Time
$1,019 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
Glossary
27% less
than VDO Glossary
Conditional discounts: Reduces to 29% below the VDO for Pay on Time
$1,027 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
Glossary
28% less
than VDO Glossary
$1,052 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
Glossary
11% less
than VDO Glossary
Conditional discounts: $250.00 off the bill for Other
$1,051 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star empty
Brand Satisfaction Glossary
Glossary
21% less
than VDO Glossary
Conditional discounts: Reduces to 23% below the VDO for Pay on Time
$1,116 Glossary
including conditional Glossary
discount Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
Glossary
23% less
than VDO Glossary
$1,116 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
Not yet rated
Glossary
21% less
than VDO Glossary
$1,152 Glossary
Distributed By Distributed By Citipower
Energy Fact Sheet
star star star star star
Brand Satisfaction Glossary
Glossary
19% less
than VDO Glossary
$1,174 Glossary

Showing 10 of 80 results

blue-star-rating Canstar Blue Brand Satisfaction Rating
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Unsure of a term in the above table? View glossary

The initial results in the table above are sorted by Value Rank out of 10 (High-Low) , then Price/year (estimated) including conditional discount (Low-High) , then Brand Satisfaction (High-Low) . Additional filters may have been applied, which impact the results displayed in the table - filters can be applied or removed at any time.

Understanding electricity in Victoria


When talking about electricity in Victoria, it is best to break the information down by region. The state has a total of five distribution networks that run and maintain power supply for different regions. The distribution networks in Victoria and their coverage areas are as follows:

As the name may suggest, a distribution network is responsible for electricity coverage in your area. You may not realise it, but distribution charges make up a large part of your power bill, and your location can impact how much you’re paying for power. Due to distribution costs, a household in rural Victoria will likely pay more for their power than one in inner-city Melbourne.

Victorian Default Offer (VDO) Explained


In July 2019, the Victorian Essential Services Commission introduced electricity cost regulations across Australia. Victoria adopted the Victorian Default Offer (VDO), a benchmark by which all power plans must be compared. It brought more transparency to the Victorian energy market, making it easier to compare plans without the presence of dodgy discounts or misleading marketing.

How does it work? When energy companies advertise their deals, they must reference how it compares to the VDO. For example, a standing offer needs to be listed as ‘Equal to the VDO’, whereas a more affordable plan might be listed as ‘20% less than the VDO’. Keep in mind that plans equal to the VDO aren’t the cheapest options out there, so it’s important to shop around for the best deal.

Most Satisfied Customers Award – VIC Provider


Canstar Blue releases an annual satisfaction rating for electricity providers in Victoria. In this report, 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.

Powershop has held the crown for the last two years in the garden state, earning five stars for its overall satisfaction, focus on environmental sustainability and online tools and advice.

Outstanding Value Award – VIC Providers


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. 

In 2022, Powershop was awarded Outstanding Value in Victoria for its well-priced offers and interesting value-add incentives during the observation period.

Learn more about electricity in Victoria


Expert Picks: Victoria Electricity Plans

The best electricity plans in Victoria as rated by our unique Value Score methodology.

VIC Energy Usage & Supply Rates

Compare usage and supply rates in Victoria to make sure you’re getting a good deal.

Victoria Electricity Prices

What’s the cheapest electricity plan in VIC? What’s the most expensive?

Victoria Tariffs Explained

We break down the jargon and help you understand what tariffs are on your power bill.

Victoria Solar Feed-in Tariffs

Households with solar can compare feed-in tariffs and dedicated solar plans across the state.

 

Why compare VIC 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

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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

Meet our energy experts

Canstar Blue Editorial Team

Canstar Blue has a skilled team of experienced journalists, content writers and subject matter experts dedicated to producing factual, up-to-date and well-researched information.


Christine Seib

Christine Seib

Editor-in-Chief

Tara-Donnelly-small

Tara Donnelly

Utilities Editor

Kelseigh Wrigley

Kelseigh Wrigley

Energy Specialist

Meet the Editorial Team

Canstar Blue Data & Research Team

Canstar Blue’s Research Team provides the expertise that powers our Star Ratings and Awards, designed to help Australian consumers make more informed purchasing decisions.


Mitch

Mitch Watson

Group Manager, Research & Insights

Joshua Sale

Joshua Sale

Ratings Manager

Natalie

Natalie Hudepohl

Senior Energy Data Analyst

SAM

Samantha Howse

Consumer Research Specialist

Meet the Research Team

FAQs about Victoria Electricity Plans

It’s a race to the top in Victoria, with the cheapest electricity provider in constant variation, however, Simply Energy and GloBird Energy are often at the top of the tables.

About half of Victorians are still with the ‘big three’, Origin, AGL and EnergyAustralia, but it’s not often that these well-known power companies offer the best deal in the state. What’s more likely is that small-to-medium-sized challenger brands, such as Alinta, will reign supreme, making a more concerted effort to stay on top of the competition.

Generally, a good usage rate in Victoria is 20-21¢/kWh, with a reasonable supply charge sitting at about 113¢/day. Ultimately, however, the best rates for your household are going to be the ones that suit your energy needs. If you are part of a smaller, lower usage household,  a cheaper supply charge may be the way to go. For bigger households, however, this may be the plan with cheaper usage rates.

Financially vulnerable households in Victoria have options for support in paying their electricity bills. Here is a list of concessions provided by the state government to Victorians.

  • Annual Electricity Concession: A payment for seniors and concession card holders to the amount of 17.5% of electricity usage and service costs. 
  • Excess Electricity Concession: A payment for seniors and concession card holders who have unusually high power bills (exceeding $3,000/year). Payable on 17.5% of electricity usage and service costs.
  • Winter Gas Concession: Available for winter gas bills to concession card holders. Payable on 17.5% of gas usage and service costs. 
  • Excess Gas Concession: Available to concession card holders with unusually high winter gas bills (exceeding $1,734 throughout winter). Worth 17.5% of gas usage and service costs.
  • Controlled Load Electricity Concession: A payment for concession card holders who use a controlled load tariff. Applicable on 13% of the controlled load electricity costs.
  • Life Support Concession: Households with at least one member requiring life support equipment are entitled to a reduction on their power bills. This is applicable on 1,880 kilowatt hours of power a year.
  • Medical Cooling: A concession with 17.5% of electricity usage and service costs for customers with medical conditions that inhibit them from self regulating their body temperature. This is available from November 1 to April 30.