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Queensland Energy Rates Explained

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Since retail electricity prices were deregulated in 2016, South East Queensland has experienced a surge in competition. With more than 20 energy retailers open for business in the Sunshine State, it’s no wonder Queenslanders aren’t settling for less when it comes to paying for power. Yet, with so many deals on offer, how do you know which plans have cheap electricity rates?

Behind any discount, promotional offer or sign-up credit, the base rates of your energy plan will generally have the biggest impact on your bills. That’s why it’s worth diving a little deeper into the fine print, otherwise what looked like a good deal on paper could end up being a dud once that first bill arrives. In this article, we list usage and supply rates from retailers currently operating in Brisbane on the Energex network. Use our comparison tool below for specific rates in your area.

Electricity Rates QLD

Here are the general usage rates and daily supply charges for customers in South East Queensland. These electricity rates are based on residential customers in Brisbane on the Energex network. We list the rates of the cheapest published deal available on our database from each retailer for single rate tariffs only.

Energy retailers are currently navigating a volatile wholesale market. Some of the retailers below may have temporarily switched off their market offer plans to new customers. We will do our best to keep this table and the details on this page up to date as new information becomes available. Please check plan details and availability directly with providers.

Electricity Provider Electricity Plan General Usage Rate Daily Supply Charge
AGL Value Saver 28.89¢/kWh 120.02¢/day
Alinta Energy BetterDeal 32.67¢/kWh 126.17¢/day
Amber Electric Amber Plan – Variable Wholesale Prices 25.45¢/kWh 108.00¢/kWh
Ampol Energy Powering On 25.74¢/kWh 119.35¢/kWh
CovaU Freedom 31.90¢/kWh 120.69¢/day
Diamond Energy Everyday Renewable Saver 32.56¢/kWh 119.90¢/day
Dodo Market Offer 28.22¢/kWh 82.66¢/day
EnergyAustralia Flexi Plan 33.52¢/kWh 115.50¢/day
Energy Locals Online Member 27.50¢/kWh 85.00¢/day
Engie Blue Perks 33.62¢/kWh 114.24¢/day
GloBird Energy GloSave 26.62¢/kWh 101.20¢/day
Kogan Energy Kogan Energy With Free First 28.75¢/kWh 121.65¢/day
Momentum Energy Nothing Fancy 26.95¢/kWh 150.26¢/day
Nectr 100% Clean 28.40¢/kWh 111.54¢/day
Origin Energy Go Variable 28.84¢/kWh 120.60¢/day
OVO Energy The One Plan 27.61¢/kWh 93.50¢/day
Pacific Blue Blue First 33.77¢/kWh 106.70¢/day
Powershop Switch Saver 28.75¢/kWh 121.65¢/day
Red Energy Living Energy Saver 29.10¢/kWh 97.30¢/day
Sumo Assure 32.23¢/kWh 131.56¢/day
Tango Energy eSelect 33.77¢/kWh 106.70¢/day
1st Energy 1st Saver 32.01¢/kWh 130.90¢/day
Discover Energy TBC TBC TBC
Electricity in a Box TBC TBC TBC
Future X Power TBC TBC TBC
GEE Energy TBC TBC TBC
Glow Power TBC TBC TBC
LPE TBC TBC TBC
Radian Energy TBC TBC TBC
ReAmped Energy TBC TBC TBC
Smart Energy TBC TBC TBC
Basic Plan Information Documents

Rates and products are subject to change. Accurate as of May 2024.

Compare QLD Electricity Prices

Energy rates will likely dictate the bulk of what Queenslanders pay in terms of overall price. So, to give you an idea of what a typical household will pay in yearly electricity costs, we’ve calculated the rates from some of the cheapest deals on our database.

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 4613kWh/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. The next three tabs feature products exclusively from AGL, EnergyAustralia and Origin.

Here are the AGL Energy plans on our database for SEQ. These are products from a referral partner†. These costs are based on the Energex energy network in Brisbane but prices may vary depending on your circumstances. This comparison assumes general energy usage of 4613kWh/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 the EnergyAustralia plans on our database for SEQ. These are products 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 4613kWh/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 the Origin Energy plans on our database for SEQ. These are products 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 4613kWh/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.

Electricity usage costs (per kWh) in QLD

As the name suggests, usage costs refer to the energy rates you pay for using power in your home. Electricity usage charges are calculated in kilowatt hours (kWh), and depending on the plan, will be between 25c/kWh and 30c/kWh in Queensland. Usage charges are generally the largest component of your energy bill, especially if your household consumes a lot of power.

Where are usage rates found on a bill?

Electricity usage rates are usually located in the breakdown or summary of your energy bill. Keep in mind that some retailers call usage charges by a different name, such as ‘peak usage’ or ‘anytime usage’.

Bill usage rates

Electricity supply costs in QLD

Electricity supply charges refer to the cost of power being supplied to your home. These costs are a fixed fee and tend to sit around 90c to $1.20 a day, which can add up over a monthly or quarterly billing cycle. That’s why it’s a good idea to check the supply rates of any plan before signing up.

Where are supply charges found on a bill?

Like the usage costs, supply rates are normally found in the breakdown of charges on your bill. The example below calls this rate the ‘service to property charge’, but remember that other retailers may call it under a different name, like ‘fixed daily charge’.

Energy bill supply charge

 

What about energy rates in regional QLD?

What sets Queensland apart from the rest is that only the south east is deregulated, while energy prices in regional QLD are regulated. This means that residential customers outside of SEQ are not able to choose their energy provider and will likely be connected to Ergon Energy.


Living in regional or far north QLD? See the power rates you can expect to pay in our regional QLD energy pricing guide.


How to find a plan with cheap energy rates in QLD

Energy customers in SEQ have plenty of choices when it comes to picking a retailer, many of which offer cheap electricity rates. Just be sure to check all the details of a plan before signing up. That way you’ll be in a position to find a deal that’s suitable to your household’s needs. Rather than scanning multiple retailer websites, jump into our comparison tool and start comparing a range of prices and products side by side.

Compare Electricity Providers

Image credit: zstock/Shutterstock.com

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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