Energy appliances

Compare electricity plans in Victoria

Tired of paying too much for your electricity? We compare  a wide range electricity providers in Victoria so you can compare plans side by side and see if switching providers could save you money.

Why choose Mozo to compare electricity?

Trusted expertise

Trusted expertise

A trailblazer in financial comparison since 2008, Mozo is used by millions of Australians each year.

We've got your back

We’ve got your back

Our energy comparison tools, guides and savings tips exist for one reason, to help you save money on your electricity bills.

Totally free

Totally free

Comparing with us is always free. No hidden fees and we remain transparent throughout every step of the process.

Find the right electricity deal for you. It’s simple.

Search

Step 1. Search

Simply enter your postcode and get personalised results to suit your needs.

Compare plans

Step 2. Compare

See available electricity plans ranked by cost and compare deals side by side.

Connect

Step 3. Connect

Choose a plan. We’ll notify your old and new provider for a seamless switch.

Best electricity providers Victoria

Are you forever trying to scout better bargains for everything from your weekly grocery bill to your next vacation? You can also apply this same cost-cutting mentality to tackle one of the biggest expenses in your household budget - your electricity bill. If you live in a state with a deregulated energy market, like Victoria, you have the freedom to shop around, switch electricity providers and get yourself a better deal whenever you like.

So what are you waiting for? Here, at Mozo, we can help you compare electricity providers in your area, and potentially find a better electricity plan from your existing provider based on your current usage patterns and preferences. Just enter in your VIC postcode into our electricity comparison tool and we’ll show you a list of plans from providers in our database. 

How can I compare electricity prices in Victoria?

Saving hundreds on your electricity and gas bills each year is now easier than ever with Mozo’s online energy comparison tool. We compare a range of plans from leading energy providers across Victoria to help you find a cheap deal in your area. Our electricity comparison service is completely free to use.

Comparing energy providers and plans in Melbourne is the best way to save money on your rising gas and electricity bills. It’s now easier than ever to find out how much you can save by switching energy providers. We help you compare prices in minutes so you can see deals that are available near you and switch if you find a cheaper deal. Mozo’s comparison tool could help you save hundreds of dollars a year on your electricity bill.

Energy providers often change their pricing and plans, so if you’ve never compared your provider before, chances are you may be missing out on a much better deal. How much you spend on electricity is based on a combination of factors, including where you live, your usage charges and your plan options. If you have a recent bill handy, then you will be able to improve the accuracy of your results by entering your actual usage.

What should I look for when comparing electricity plans?

Most electricity providers in Victoria offer a range of plans which you can pick from. Here are a few features you should keep an eye out for when choosing the right electricity plan for you:

  • Sign up incentives: Many electricity providers have sign up incentives for new customers, for instance, “apply online and get a $50 credit”. While sign up incentives are great, you don’t want to be roped into an electricity plan that costs you $100 more each quarter than the cheapest electricity plan in your area. That’s why it’s always a good idea to compare plans firstly based on usage costs and then compare on sign up incentive. 
  • Pay on time discount: If you always pay your bill on time whatever the circumstance, you should definitely consider taking advantage of one of the many electricity plans in Victoria that offer a pay on time discount. However, if you’re not sure about being able to make timely payments every month, you could end up paying a higher tariff than a plan without discounts.
  • Flexible contract: Whether you’re renting or looking to move houses in the near future, it’s important that you choose a plan with an open ended contract or no exit fees. This way, you’ll have the freedom and flexibility to switch providers or plans without paying an exit fee.
  • Renewable electricity option: Is minimising your carbon footprint a non-negotiable in your household? You’ll be happy to hear that many electricity companies in Victoria have green energy plans that you can opt for.

How much does electricity cost in Victoria? 

There isn’t one flat cost for electricity throughout Victoria. Instead, the cost for electricity is determined by a number of factors including where you live, what type of meter you have and of course how much energy you use. Electricity retailers in Victoria will calculate your bill based on:

  • fixed supply charge: this is a fixed fee that you pay per day regardless of the amount of electricity you use. This cost generally covers infrastructure (i.e. poles, wires). 
  • usage charges: this is charged per kilowatt hour of usage.

What can I do to reduce my electricity bill? 

With increasing electricity rates, saving on your electricity bill might feel like an impossible task. We’re here to tell you that it
isn’t!

Here are some simple things you can do to slash the size of your electricity bill:

  • Switch electricity providers or electricity plans
    Buy more energy efficient appliances
    Insulate your home better
    Switch to energy efficient light globes

You can find more helpful energy saving tips for your household at our dedicated energy hub.

More FAQs about electricity comparison in Victoria

I'm moving to Victoria. Can you help me?

Of course. Even if you don’t have an existing electricity bill to give us, we can still easily estimate how much your electricity costs are likely to be based on the size of your household as well as the average costs of electricity and usage in the Victorian suburb you are moving to. We can also help you compare some of the providers and plans that are available in your new suburb.

How many electricity providers in VIC can I choose from?

Well, this really depends on where you live as different providers service different areas. Mozo’s service compares many of the leading electricity providers that operate in Victoria so you can be confident that we’re giving you a wide range of all the electricity plans available in your area.

In Victoria we compare some of the following brands:

  • AGL
  • Alinta Energy
  • Click Energy
  • CovaU
  • Dodo Power and Gas
  • Energy Australia
  • Origin Energy
  • Power Direct
  • Powershop
  • Simply Energy
  • Sumo Power
  • Tango Energy

Who is the best electricity provider in Victoria?

There isn’t one best electricity provider for every resident in Victoria. Instead, you should be asking yourself who is the best electricity provider for me? The answer to this question depends on a number of factors such as how much electricity you use, the type of meter you have installed at your premises and your bill payment habits.

When choosing a new electricity provider, it is important to keep in mind that the best provider isn’t necessarily the cheapest. There are heaps of other factors you’ll need to consider like whether they have good customer service or if they offer options in terms of renewable energy.

Good news is, Mozo asked many Victorian residents to review their electricity provider on a whole range of things like price, customer service, green energy and trustworthiness. If you want to see how a particular electricity provider rated before making your final decision, you can read electricity customer reviews on Mozo.


What electricity meters are used in Victoria?

The standard electricity meter in Victoria is the smart meter. In fact, the Victorian government has been rolling out smart meters for all residential homes over the past several years. A smart meter is a digital meter that records your electricity usage every 30 minutes. This data is automatically sent to your distributor and puts an end to estimated bills and manual meter readings.

The tariff you pay for your electricity depends on the type of meter that is installed at your premises and the plan you choose. With a smart meter, for instance, you have the option of choosing between a single flat rate or a flexible pricing plan that allow for discounts on your electricity depending on the time of the day. Want to know more? Read our very comprehensive guide on smart meters.

Will I have to pay a fee to switch electricity providers in VIC?

Most electricity providers in Victoria will not charge you to switch providers if you are on an open contract. However, if your electricity plan has a fixed period, you may be charged an early termination fee if you leave the contract before this fixed term expires.

If you are moving houses, you may be charged a connection fee to cover the transfer of your electricity services to your new address. Most providers will include this cost in your first electricity bill.

How does Mozo make money?

Mozo makes money by helping energy providers connect with customers, like you, who are looking for a great energy deal. Most importantly our service is totally free to use and it is the energy providers competing for your business that pay Mozo, not you!

Mozo shares a fee with our partner, CIMET, who helps provide this service. This fee is paid when you complete an application and switch energy providers using our service.  Mozo may also earn revenue when energy providers purchase display advertising on our site or when we help them use the all the great data we’ve collected.

*To calculate the potential savings figure Mozo identified the lowest plan provided by Mozo and highest cost plan in each energy distributor state region based on the average residential usage in that state. The costs data used across the state is current at 17 August 2020. Not all plans will be available via the Mozo energy comparison service. Your individual usage and location, along with which plan you are on and which plans are available on the Mozo site at any given time, will vary the savings you may be able to achieve using the Mozo energy comparison service.

Electricity Provider Reviews

Red Energy Electricity review
Overall 10/10
Great rates.

Red Energy offers great rates.

Read full review

Red Energy offers great rates.

Price
10/10
Bill clarity
10/10
Customer service
10/10
Green Friendly
10/10
Less
Suzi, Victoria reviewed 1 day ago
EnergyAustralia Electricity review
Overall 4/10
Would not recommend them.

The billing department is woeful. The invoices don't match what is in the online login areas. The staff are pleasant.

Read full review

The billing department is woeful. The invoices don't match what is in the online login areas. The staff are pleasant.

Price
4/10
Bill clarity
7/10
Customer service
4/10
Less
Ros, New South Wales reviewed 7 days ago
AGL Electricity review
Overall 8/10
You get what you think you're getting.

The product I use is well priced, there isn't anything too special but you get everything you think you're getting, I do like that transparency. Never had a problem with customer service either so that's good. Overall, great product.

Read full review

The product I use is well priced, there isn't anything too special but you get everything you think you're getting, I do like that transparency. Never had a problem with customer service either so that's good. Overall, great product.

Price
9/10
Bill clarity
9/10
Customer service
8/10
Green Friendly
6/10
Less
Ruby, Victoria reviewed 7 days ago

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