Compare the cheapest electricity rates

Last Updated on May 16, 2022 by David Hiley

Best electricity usage rates summary

Looking for the lowest electricity rates?

We’ve summarised the cheapest residential usage rates for Sydney, Melbourne, Brisbane, Adelaide, Canberra, Hobart, Perth and Darwin for each retailer’s publicly listed electricity plans.

The first table ranks Anytime (aka flat) rates. The following table ranks Time of Use rates.

How to find the best deals for you.

Low usage rates are important, but to find the best deal for your homes unique energy use, you’ll want to see the cheapest combination of rates, daily charges, controlled load rates and feed-in tariffs (if you have solar). We make it easy to get it right when you compare with WATTever’s comprehensive electricity comparison. You’ll see a personalised cost ranking of all publicly listed electricity plans, based on your energy use to help you make serious savings. We include all retailers, tariff types, discounts, solar feed-in tariffs, input for concessions and more. For extra tips check out our essential guide to comparing electricity properly.
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Select your State/Territory:

^ Rates shown include GST and all available discounts. Plans are updated weekly from retailer’s Basic Plan Information Documents (BPIDs)/Energy Price Fact Sheets * 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) or ActewAGL Standing offer for ACT 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), 4900kWh (NSW-Endeavour), 4600kWh (NSW-Essential), 4600kWh (QLD-Energex), 4000 (SA) and 4000kWh (VIC). The DMO and VDO reference price discount 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). “Market-linked plans” that have their rates tied directly to the wholesale market spot price are not included in the tables above because these rates vary every day and cannot be compared like-for-like with most plans where the published rate is the rate you pay. To view indicative rates and feed-in tariffs published for market-linked plans, please see WATTever’s rates pages for Amber Electric and Powerclub. – Battery only and Electric Vehicle only plans that require the household to have a battery or EV are not included in the tables above due to the small portion of consumers who qualify for these plans. These plans are still visible on the retailer rates pages. Please see WATTever’s rates pages for Social Energy who have only battery-only plans. – Retailers in the ACT are ranked based on the estimated cost for their lowest cost plan for a household using 7,722kWh p.a. This is the benchmark usage for a 3-person household in the ACT.

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