Compare Energy Victoria: Who Has the Cheapest Electricity and Gas in Victoria in 2025?
Energy bills are one of the biggest household expenses in Victoria, and with rising costs in 2025, finding the cheapest electricity and gas in Victoria has never been more important. Choosing the right energy plan can save renters, homeowners, and small businesses hundreds of dollars a year.
Victoria’s deregulated energy market gives consumers the freedom to shop around for better deals. However, with so many retailers offering different discounts, tariffs, and bundle packages, it can be confusing to know which provider offers the lowest rates. This guide breaks down electricity and gas prices, reveals the cheapest providers, and offers practical tips to reduce your energy bills in 2025.
Average Electricity and Gas Prices in Victoria (2025)
Before you start looking for the cheapest electricity and gas in Victoria, it’s useful to understand the benchmark prices set by the Victorian Default Offer (VDO). The VDO is regulated by the Essential Services Commission (ESC) and serves as a reference point to compare electricity and gas plans across different distribution networks.
For 2025, the average annual electricity bill in Victoria for a typical household using around 4,000kWh per year is about $1,546 under the VDO. To see more details on average electricity prices in Australia per kWh, you can check national benchmarks. However, many energy retailers offer market deals that are significantly cheaper—sometimes more than 20% below the VDO, which can save households $300–$400 annually.
When it comes to gas, the average household bill in Victoria sits between $1,000 and $1,400 per year, depending on location and usage. Seasonal variations, especially during winter, can push costs higher for families relying on gas heating.
Because prices vary by postcode and energy distributor, using the Vic Energy Compare tool (also known as energy compare VIC) is the best way to check the most accurate offers for your household. This government-backed platform allows you to input your bill details and instantly see which energy providers have the cheapest power company or gas plan in your area.
Top 10 Cheapest Electricity & Gas Providers in Victoria (2025)
Finding affordable electricity and gas in Victoria is easier when you know which providers consistently offer competitive rates and flexible plans. Below is a detailed list of the top 10 cheapest electricity and gas providers in Victoria for 2025, highlighting their features, discounts, and benefits.
1. Powershop
Powershop is a unique electricity provider that allows customers to buy “power packs” and top-up electricity as needed. They offer competitive rates, a variety of discounts, and no lock-in contracts, making it an ideal choice for budget-conscious Victorians. Powershop also provides renewable energy plans for those looking to reduce their carbon footprint.
2. Tango Energy
Tango Energy offers some of the lowest electricity rates in Victoria with flexible fixed-rate, time-of-use, and solar plans. They provide 100% renewable energy options and a loyalty program with discounts for long-term customers. Tango Energy is well-suited for households looking for cost-effective and environmentally friendly energy solutions.
3. Simply Energy
Simply Energy is a popular provider known for affordable electricity plans and reliable service. Their plans include fixed-rate, variable, and solar options, with discounts available for bundling services. Simply Energy also offers flexible payment options, making it a convenient choice for many Victorian households.
4. Lumo Energy
Lumo Energy offers a wide range of plans for residential and business customers, including fixed-rate, variable, and time-of-use options. They provide discounts for bundling services and are known for transparent billing, competitive rates, and excellent customer service.
5. Origin Energy
Origin Energy is one of Australia’s largest energy retailers, serving over 4 million customers. They provide a variety of plans including fixed-rate, time-of-use, and solar plans. Origin Energy also offers discounts for bundling electricity with gas or internet, making it a versatile option for Victorian households.
6. AGL Energy
AGL Energy is a major provider in Victoria, offering fixed-rate, variable, and green energy plans. They have a loyalty program that rewards long-term customers and provide a variety of flexible contract options. AGL is known for reliable service and diverse plan choices.
7. EnergyAustralia
EnergyAustralia provides competitive electricity plans, including fixed-rate, variable, and solar options. They also offer discounts and loyalty rewards for customers, making them a practical choice for households looking to save on electricity while enjoying quality service.
8. Red Energy
Red Energy is a 100% Australian-owned provider that offers fixed-rate, variable, and green energy plans. Known for excellent customer service, they provide flexible payment options and discounts for bundling services, making them a great choice for families seeking affordable electricity.
9. Dodo Power & Gas
Dodo Power & Gas is known for low electricity rates and pay-on-time discounts. They offer fixed-rate plans and flexible options for various household needs, making them a popular choice for Victorian residents looking to reduce their energy bills.
10. Momentum Energy
Momentum Energy is a fully Australian-owned provider offering fixed-rate, variable, and green energy plans. They are recognized for competitive rates, excellent customer service, and commitment to renewable energy, making them a cost-effective and sustainable choice for households.
What to Look for in a New Energy Provider
Choosing a new energy provider in Victoria can feel overwhelming with so many options available. Beyond just price, there are several key factors to consider to ensure you get the best value and service for your household or business.
1. Pricing Plans and Tariff Structure
Energy providers offer different pricing plans, such as fixed-rate, variable-rate, and time-of-use tariffs. Fixed-rate plans lock in a consistent price for a set period, while variable rates can fluctuate depending on market conditions. Time-of-use tariffs charge different rates for peak, shoulder, and off-peak hours. Understanding your energy usage patterns will help you select a plan that saves you money in the long run.
2. Discounts and Promotions
Many providers offer incentives to attract new customers. These can include pay-on-time discounts, bundled service discounts, sign-up bonuses, or loyalty rewards. Always check the terms and conditions of these discounts to see how they apply and how long they last.
3. Contract Terms and Flexibility
Some providers require long-term contracts, while others offer no lock-in agreements. Consider how flexible you want your plan to be. A shorter contract allows you to switch providers quickly if a better deal becomes available, while a longer contract might offer more stable pricing.
4. Additional Fees and Charges
Be aware of any extra fees, such as connection charges, disconnection fees, or late payment penalties. Even a provider with low rates can end up being expensive if these additional charges are high.
5. Customer Service and Support
Reliable customer service is essential if issues arise with your energy supply. Look for providers that offer accessible support channels, clear billing statements, and a strong reputation for resolving problems efficiently.
6. Green Energy Options
If environmental impact is important to you, consider a provider that offers renewable energy plans. Some providers supply 100% green energy or allow you to offset your electricity usage with solar power or carbon credits.
7. Reputation and Reviews
Reading customer reviews can provide insight into a provider’s reliability, billing transparency, and overall service quality. A provider with positive reviews can give you peace of mind that you’ll receive consistent service.
8. Government Programs and Rebates
In Victoria, households can still benefit from government support through programs like the victorian energy rebate. For example, the Energy Bill Relief Fund now offers eligible residents up to $150 in credits applied directly to their electricity bills, helping reduce the pressure of rising energy costs while encouraging smarter energy use.
Tips to Save on Electricity in Victoria
Electricity costs in Victoria can be a significant part of household or business expenses, but there are practical steps you can take to reduce your energy bills without compromising comfort or convenience. Here are some actionable tips:
1.Compare and Switch Providers
One of the easiest ways to save is by comparing electricity providers and their plans. Use online comparison tools to check rates, discounts, and contract terms. Switching to a provider with lower rates or better discounts can significantly reduce your annual electricity bill.
2.Use Backup Power Solutions
Investing in a portable power station or a whole-home backup battery helps reduce reliance on the grid and manage energy costs efficiently.
The EcoFlow DELTA Pro Ultra Whole-home Backup Battery is the only portable power station with UL1973 and UL9540 safety certifications, delivering extreme reliability for households. With its 6kWh–30kWh expandable capacity and 6900W AC output, it provides enough energy to keep your home powered for weeks. Thanks to its 8800W multicharge technology, a single 6kWh unit can reach 80% charge in just over an hour, ensuring fast, flexible, and dependable energy. Smart App control makes it easy to monitor and optimize your usage, and by pairing the DELTA Pro Ultra with EcoFlow’s Transfer Switch, it can provide Victorian households with a fully integrated and reliable whole-home backup solution.
EcoFlow DELTA Pro Ultra Whole-home Backup Battery
3.Choose the Right Tariff
Consider a tariff that matches your energy usage patterns. For households that use most electricity during evenings and weekends, a time-of-use tariff with lower off-peak rates can save money. Conversely, if you use electricity consistently throughout the day, a flat-rate plan might be more cost-effective.
4.Use Energy-Efficient Appliances
Investing in energy-efficient appliances, such as LED lighting, high-efficiency refrigerators, or smart heating and cooling systems, can lower electricity consumption. Look for appliances with high energy ratings to ensure long-term savings.
5.Install Solar Panels or Consider Green Energy
Solar panels can reduce reliance on the grid and lower electricity bills. Many providers also offer plans that include renewable energy or credits for feeding surplus solar energy back into the grid. This is not only environmentally friendly but can also offer financial benefits.
6.Monitor and Reduce Standby Power
Electronic devices and appliances often consume electricity even when turned off (standby power). Use power strips, unplug devices when not in use, and consider smart plugs to manage energy consumption more efficiently.
7.Optimize Heating and Cooling
Heating and cooling account for a large portion of electricity use. Set thermostats to efficient temperatures, use ceiling fans to circulate air, and properly insulate your home to reduce energy wastage. Simple actions like closing curtains in summer or winter can also make a noticeable difference.
8.Practice Smart Energy Habits
Small changes in daily habits can add up. Turn off lights when leaving a room, run washing machines and dishwashers during off-peak hours, and avoid overusing high-energy appliances during peak times.
9.Check for Rebates and Incentives
Victorian households can access government rebates for energy-efficient appliances, solar installations, and insulation. Some electricity providers also offer incentives or discounts for using less energy or signing up for green energy plans.
Conclusion
Finding the cheapest electricity and gas in Victoria is all about comparing providers, checking tariff structures, and using discounts or incentives. Energy-efficient habits, like using smart appliances and off-peak hours, can further lower bills. By staying informed and proactive, you can save money while choosing a sustainable energy plan that fits your needs.
FAQs
How much does power cost in Victoria?
The cost of electricity in Victoria varies depending on your provider, plan, and energy usage. On average, a household using around 4,000 kWh per year can expect to pay about $1,546 annually under the Victorian Default Offer (VDO). Market deals from various providers can be up to 20% cheaper, saving $300–$400 per year. Gas bills typically range from $1,000 to $1,400 annually. Prices may also vary by postcode and distribution network. Using comparison tools like the Vic Energy Compare can help you find the most accurate rates for your household.
How to switch electricity provider in Victoria?
Switching electricity providers in Victoria is straightforward thanks to the deregulated energy market. First, compare plans using tools like Vic Energy Compare to find a cheaper or more suitable option. Once you choose a new provider, they usually handle the transfer and notify your current retailer. There’s no need to disconnect power, and most switches occur within a few weeks. Be sure to check contract terms, exit fees, and any promotions or discounts. After switching, monitor your bills to ensure you’re receiving the advertised rates and discounts.
What time is electricity cheapest in Victoria?
Electricity in Victoria is usually cheapest overnight and on weekends because wholesale demand and prices fall at night; retailers reflect this with off-peak rates, so the lowest tariffs are typically applied late at night (commonly around 10:00 pm–07:00 am) and often across weekends, while peak windows are frequently in the late-afternoon/evening (about 3:00–9:00 pm on many TOU plans).
Exact hours vary by retailer and your meter configuration, so always check your specific plan (AGL, Origin and others publish the TOU windows on bill pages); temporary wholesale events can also shift price patterns.