Why settle for an increasing energy bill? We make it easy to find an electricity and gas plan that better suits your needs and budget, thanks to our electricity and gas comparison service. It takes only a few minutes to compare.
In the ACT, the electricity and gas market is both regulated and deregulated; this means that you have the freedom to pick and choose between energy providers in a deregulated market, but you can also ask for a regulated contract from your provider so you’ll only pay the price set by the government.
States and territories with a regulated energy market have their energy prices determined by the government, and customers can’t pick and choose their energy provider. Conversely, customers in deregulated states and territories can choose their provider, and prices aren’t government-regulated, so the energy market tends to see more competitive rates between the providers.
As of August 2018, the average annual electricity bill in Canberra is $1,831.82 for a market offer and $2,010.19 for a standing offer (these figures are based on the median of each offer across four retailers).*
According to the Australian Energy Regulator (AER), Canberrans on a median market contract are spending the least in the country for electricity.
A market offer is set by your energy provider and is subject to change at any time, even after you’ve signed up. However, market offers sometimes include discounts and a fixed price or price guarantee period. A standard offer differs from a market offer in that:
*Figures are taken from the AER’s annual report on compliance and performance of the retail energy market 2017-2018.
Since the ACT’s energy market is both regulated and deregulated, there’s a range of energy plans and tariffs customers can choose from. Depending on various factors, including where you live and your electricity usage, your plan may feature a tariff that helps reduce the cost of your electricity.
According to the Australian Bureau of Statistics (ABS), the average weekly cost of electricity in Canberra was $29.13 in the September quarter of 2017. During this same period, the average weekly cost for gas and other household fuels was $25.40.
According to the Australian Energy Regulator (AER), your electricity bill is calculated from a number of costs and charges, like:
Your electricity costs are also influenced by:
Tariffs are the pricing structures that influence the way you’re charged for your energy usage. Depending on the type of tariff you’re on, you could spend more or save money on your electricity and gas bill. The following are the types of tariffs that may be applicable in the ACT:
A tariff is comprised of two parts: the daily supply charge and the usage charge. The daily supply charge (also known as service or fixed charge) is a set amount your provider charges to supply electricity or gas to your home – it isn’t influenced by how much energy you actually use.
The usage charge (also known as the consumption or variable charge) is the cost of the electricity or gas you use and will be shown on your bill as cents per kilowatt hour (c/kWh) for electricity and cents per megajoule (c/MJ) for gas. Some tariffs, like time of use, may apply more than one usage charge to your bill for peak, off-peak and shoulder times.
To take advantage of peak, off-peak and shoulders times and rates, you’ll need to have a smart meter and be on a time of use tariff plan. You may find that the actual times of these periods may vary between providers, but according to the ACT government, peak, off-peak and shoulder times in ACT are as follows:
The ACT offers a Utilities Concession for eligible residents, which can help you save money and minimise your overall cost of living. As of July 2018, the annual rebate amount is $654.
You may be eligible for the Utilities Concession if you are the primary holder of one of the following cards:
The Concession covers electricity, gas, water and sewage, and you can apply for it by simply contacting your energy provider. It’s also worth keeping in mind that you can only apply for a Utilities Concession from the start date of your concession card.
Below is a list of electricity providers in the ACT. Our partners, who feature in our energy comparison service are coloured blue, while those who aren’t currently partners are in black.
No matter where you are in the ACT, our energy comparison service can help you find an energy plan suited to your location, needs and budget. Simply enter a few details, like your energy usage and postcode, and, within minutes, you can compare a range of electricity and gas plans to find some of the cheapest ACT electricity and gas plans.
When it comes to finding the cheapest ACT electricity provider, it’s crucial you compare energy plans on offer for your postcode from providers around the territory. To help you get started, we’ve compiled a table of the cheapest electricity Canberra has to offer. The annual figures below are based on a two-person household with average energy consumption.
|Provider||Plan||Annual Cost (inc. discounts)||Price per kWh (cents)||Discount Offered||Discount Benefit Period||Contract Term|
|ActewAGL||ACT Home 25% offer||$1,630.00||25.25||25%||1 Year||Ongoing|
|Origin Energy||Origin Max Saver||$1,680.00||21.88 to 23.69||14%||12 Months||Ongoing|
|Energy Locals||Online Saver – Anytime||$1,730.00||22||0%||None||None|
|Powerclub||Powerbank Home Flat||$1,750.00||22.02||0%||None||None|
|EnergyAustralia||Total Plan Home||$1,780.00||25.01||9%||1 Year||Ongoing|
|Red Energy||Easy Saver (020)||$1,840.00||23.90 to 25.33||10%||None||None|
|Simply Energy||ACT Simply Standing Offer||$1,950.00||24.81||0%||None||None|
* The prices and information provided above are based on a house with two adults and one child in the postcode of 2600 and are accurate as of September 2019. Data sourced from the Australian Energy Regulator (AER). Plans are prices are subject to change.
Whether you’re in Tharwa or Hall, Williamsdale or Parliament House itself, you can use our energy comparison service to find suitable electricity plans for your household or business. All you need to do is enter a few details about your property and energy usage, and our service will provide you with a selection of energy plans, where you can compare usage rates, discounts, fees, charges and more – and it takes only minutes!
In Canberra, customers will pay a fixed daily supply charge for electricity to be distributed to their property as well as a usage charge for each kilowatt hour of that electricity they use, which is charged as cents per kWh (c/kWh). The more electricity that a customer uses, the higher the usage charges will be.
Take a look through our provider comparison table above to easily compare the cheapest electricity providers in Canberra and their plans and rates. Alternatively, head over to our energy comparison service to enter your details and compare a range of plans that are suited specifically to your household and usage needs.