Cheapest electricity in CitiPower network Victoria

Last Updated on December 19, 2024 by Tim Hiley

Best electricity usage rates summary

Looking for the cheapest electricity in the CitiPower network Victoria? If you live in Melbourne’s CBD or inner suburbs, you’ve come to the right place to find the cheapest electricity offers. WATTever compares all energy retailers and strictly ranks the estimated cost for an average household located in the AusNet Service network.

How much could you save by switching?

According to the Australian Energy Regulator in September 2023, average households in the CitiPower network could save $421 on electricity a year by switching from the standard offer to the cheapest available market deal. In late 2023, the ACCC analysed the prices paid by over 5 million residential customers across Australia. The consumer watchdog discovered nearly half of residential customers in Victoria were on plans with an annual cost equal to or higher than the Victorian Default Offer. Why stay stuck on an expensive plan?

Want to find the best deal for your home?

WATTever’s free electricity comparison makes it easy with a personalised cost ranking of all publicly listed electricity plans, based on your unique energy use. Get it right with WATTever’s comprehensive comparison. We include all retailers, tariff types, discounts, solar feed-in tariffs, input for concessions and more to help you make serious savings on energy.

[wbcr_text_snippet]: Text snippets error (not passed the snippet ID): Text snippets error (not passed the snippet ID): Text snippets error (not passed the snippet ID)
Banner Elec Compare all retailers and save with WATTever
WATTever compares over 45 energy retailers including AGL, 1st Energy, ActewAGL, Alinta Energy, Amber, Ampol Energy, Blue NRG, CovaU, Diamond Energy, dodo, Energy Australia, Energy Locals, ENGIE, loBird Energy, Kogan Energy, Lumo Energy, nectr, Origin Energy, OVO energy, Powershop, ReAmped Energy, Red Energy, Sumo Power and Tango Energy.

Cheapest Anytime electricity rates by retailer in the CitiPower Network (Melbourne CBD and inner suburbs)

Cheapest Time Of Use 2 Rate (7 day) electricity rates by retailer in the CitiPower Network (Melbourne CBD and inner suburbs)

TOU Periods: Off-Peak = 9pm-3pm and Peak = 3pm-9pm

Cheapest Time Of Use 3 Rate electricity rates by retailer in the CitiPower Network (Melbourne CBD and inner suburbs)

TOU Periods: Peak = 3pm-9pm, Off-Peak = 10am-3pm, Shoulder = all other times

Rates shown include GST and all available discounts.
Plan rates are variable and future rates may be subject to change by the Retailer - except where plan rates are stated as fixed in the Basic Plan Information Documents/Energy Price Fact Sheet.
Plans are updated each weekday from the Retailer's Basic Plan Information Documents/Energy Price Fact Sheets (except plans for WA and NT).
^ Daily Charge includes the daily supply charge and the per day value of recurring fees or credits (eg. membership fees, monthly bill credits etc).
* Reference Price Discount refers to the discount off the yearly cost of the Default Market Offer (DMO) for NSW, QLD and SA, Victorian Default Offer (VDO), ActewAGL Standing offer for ACT or Aurora Regulated Offer for TAS, for a household on a flat/anytime rate without controlled load tariff. Discount is calculated based on annual usage in each state/network area of 7,722kWh (ACT), 3,900kWh (NSW-Ausgrid), 4,900kWh (NSW-Endeavour), 4,600kWh (NSW-Essential), 4,600kWh (QLD-Energex), 4,000 (SA), 4,000kWh (VIC) and 9,475kWh (TAS) AER benchmark. The DMO and VDO Reference Price is a guide (provided by the AER and ESC) and does not take into account solar export nor a property's actual annual usage or when that usage occurs (for Time Of Use plans).
For plans with a demand tariff, the reference price discount calculated by WATTever includes a demand charge that assumes a peak demand of 25% of the daily benchmark electricity consumption.

 ** The Reference Price Discount shown for partner retailers includes the value of exclusive benefits available when switching through wattever.com.au including Prezzee eGift cards from WATTever and additional upfront/recurring credits from partner retailers.
Time of Use hours displayed are the periods published by each network. Individual retailers may offer different time of use hours - please review the plan BPID/Fact Sheet.

Banner Elec Compare all retailers and save with WATTever
WATTever compares over 45 energy retailers including AGL, 1st Energy, ActewAGL, Alinta Energy, Amber, Ampol Energy, Blue NRG, CovaU, Diamond Energy, dodo, Energy Australia, Energy Locals, ENGIE, loBird Energy, Kogan Energy, Lumo Energy, nectr, Origin Energy, OVO energy, Powershop, ReAmped Energy, Red Energy, Sumo Power and Tango Energy.
2024-25 DMO electricity price

2024-25 DMO electricity price pause

May 23, 2024

The Australian Energy Regulator (AER) has today announced its final determination for the 2024-25 DMO electricity price. The good news is electricity prices rises are on pause – with a small decrease!

Read More »
$300 energy rebate

$300 energy rebate for all

May 16, 2024

All Australian households are set to receive a $300 energy rebate from the Australian Government from July 2024. While eligible small businesses will get $325. This $3.5 billion cost-of-living measure announced in the federal budget will be automatically applied to the energy bills.

Read More »