Compare the best VIC business electricity rates

Last Updated on May 7, 2025 by David Hiley

Best electricity usage rates summary

Looking for the lowest business electricity rates in Victoria?

We’ve summarised the cheapest small business usage rates for all three electricity networks in Victoria – AusNet Services, CitiPower, Jemena, Powercor and United Energy for each retailer’s publicly listed electricity plans.

How to find the best electricity deal for your business?

Get a personalised cost ranking of every retailer’s publicly-listed electricity plans based on your unique energy use with WATTever’s comprehensive online comparison. We include all retailers, tariff types, discounts, solar feed-in tariffs and more to help your business make serious savings on energy. Start your online comparison now.
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.

Select your electricity network:

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 Document/Energy Price Fact Sheets.
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, VPP credits etc).
*Reference Price refers to the unconditional discount off the annual cost of the Default Market Offer (DMO) for NSW, QLD and SA or Victorian Default Offer (VDO) or ActewAGL Standing offer for ACT for a small business on a flat rate tariff without controlled load. The DMO is calculated based on an annual usage of 10,000kWh in NSW, QLD and SA. In Victoria, ACT and Tasmania, the Default Offer is calculated based on an annual usage of 20,000kWh.
Energy Regulators require the DMO and VDO Reference Price to be displayed, however it does not take into account solar export nor a property's actual annual usage or when that usage occurs (for Time Of Use plans).
Cost/Year estimate shown is for the first year and includes all conditional discounts plus the value of exclusive benefits available when switching through wattever.com.au such as Prezzee eGift cards from WATTever and additional upfront/recurring credits from partner retailers. See plan details for more information. Your bill will vary based on actual usage.
For plans with a demand tariff, the annual cost estimate calculated by WATTever includes a demand charge that assumes a peak demand of 25% of the daily benchmark electricity consumption.
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!

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