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 25 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.

The Default Market Offer and Victorian Default Offer, as well as retailer pricing in south-east Queensland, New South Wales, Victoria and South Australia, will be changing from July 1, 2022. We’re working to ensure the latest product information is displayed as soon as it’s made available to us by providers. Please confirm plan information with the provider before making a decision.

Electricity Provider Electricity Plan General Usage Rate Daily Supply Charge
AGL Value Saver 17.89¢/kWh 97.35¢/day
Alinta Energy Home Deal 18.07¢/kWh 97.90¢/day
Amber Electric Amber Plan 19.14¢/kWh 108.06¢/kWh
CovaU Default Market Offer 22.68¢/kWh 97.90¢/day
Diamond Energy Everyday Renewable Saver 21.41¢/kWh 100.23¢/day
Discover Energy Standing Offer 21.78¢/kWh 119.90¢/day
Dodo Standing Offer 22.00¢/kWh 117.70¢/day
EnergyAustralia Flexi Plan 23.56¢/kWh 101.75¢/day
Energy Locals Online Member 2022 19.00¢/kWh 66.00¢/day
Future X Power Standing Offer 22.92¢/kWh 109.33¢/day
GloBird Energy Default Market Offer 21.12¢/kWh 132.00¢/day
Glow Power Standing Offer 22.89¢/kWh 89.77¢/day
Kogan Energy Basic 22.55¢/kWh 113.30¢/day
Mojo Power Standing Offer 22.62¢/kWh 113.51¢/day
Momentum Energy Standing Offer 23.86¢/kWh 97.80¢/day
Origin Energy Flexi Rate ePlus 24.01¢/kWh 110.06¢/day
OVO Energy Basic Standing Offer 22.19¢/kWh 107.80¢/day
Powerclub Powerbank Home Flat 18.50¢/kWh 95.52¢/day
Powershop Standing Offer 22.78¢/kWh 112.06¢/day
QEnergy Home Your Way 22.62¢/kWh 113.51¢/day
Radian Energy The Simple Switch 100% Net Zero 45.63¢/kWh 208.18¢/day
Red Energy Living Energy Saver 20.88¢/kWh 93.50¢/day
Simply Energy Standing Offer 23.77¢/kWh 99.00¢/day
Sumo Sumo Assure Advantage 18.70¢/kWh 93.50¢/day
Tango Energy Home Standing 22.77¢/kWh 111.65¢/day
1st Energy Standing Offer 21.45¢/kWh 126.50¢/day
Bright Spark Power TBC TBC TBC
Electricity in a Box TBC TBC TBC
Elysian Energy TBC TBC TBC
GEE Energy TBC TBC TBC
LPE TBC TBC TBC
Nectr 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 June 2022.

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

Here are the AGL Energy plans on our database for SE QLD. 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 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 the EnergyAustralia plans on our database for SE QLD. 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 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 the Origin Energy plans on our database for SE QLD. 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 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.

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 18c/kWh and 25c/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. In the below example, you’ll notice the usage rate is referred to as ‘Total Anytime’ and is 25c/kWh. Keep in mind that some retailers call usage charges by a different name, such as ‘peak usage’ or ‘anytime usage’.

Electricity Usage Charges example bill

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 has a supply charge of $1.007 a day, but remember that other retailers may call it under a different name, like ‘fixed daily charge’.

Electricity Supply Charges bill example

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 South East QLD are not able to choose their energy provider and will likely be connected to Ergon Energy. To see which power rates regional QLD customers pay, read our page here.

How to find a plan with cheap energy rates in QLD

Energy customers in South East QLD 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.

Image credit: zstock/Shutterstock.com

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