Compare electricity plans and prices

Average customer rating: 4.3/5

A guide to comparing plans and prices

Last updated March 7, 2024
Written by Tiana Lee-Collins
Reviewed by Meredith O'Brien

Why compare electricity plans and prices

Comparing electricity plans can help you search for more suitable prices, tariffs and discounts. If you’re interested in comparing, consider these potential benefits:

  • You could search for a more suitable electricity plan and potentially save electricity and lower the cost of your energy bills.
  • If you’re on a single rate tariff, switching to a time of use tariff can help you take advantage of low-peak periods – especially if you work from home.
  • Comparing solar feed-in tariffs to get the most out of any solar energy you may be generating by having solar panels.
  • Electricity providers may offer discounts or incentives (e.g. new customer discount or paying by direct debit).

Choosing an electricity plan

The cost of electricity will vary between providers, tariffs and usage rates. Before switching plans, you should consider:

  • Your energy plan information, including what types of tariffs are available to you, and which best suits your energy needs
  • If the benefit period on your current electricity plan has expired (if applicable)
  • If you also have gas, whether you want a dual fuel plan or separate energy plans

Expert tips for finding the right electricity plan for you

Get some top tips on comparing electricity plans and prices with our Head of Energy, Meredith O’Brien.

Meredith O'Brien
Head of Energy

Compare gas and electricity separately

Compare bundled electricity and gas prices against individual pricing. Single products can sometimes be cheaper than the bundled offer.

Add your details for a more accurate quote

If you aren’t on a single rate tariff, add your bill details to calculate controlled load or time of use to get more accurate quotes in our comparison tool.

Consider what discounts are offered

When comparing prices, think about whether you prefer a 12-month discount or an ongoing, longer-term fixed rate, as electricity prices can change throughout the year.

About comparing electricity plans

How to compare electricity plans with us

Where can I compare electricity plans in Australia?

Market vs default offers

Charges and tariffs

Are supply and usage charges the same?

Electricity tariffs

Important to know

What happens when I’m ready to switch electricity providers?

What is deregulation, and what does it have to do with comparing electricity plans?

Can I also compare gas plans?

Renewable energy

Meet our Head of Energy, Meredith O’Brien

Meredith O'Brien
Head of Energy

As the Head of Energy at Compare the Market, Meredith O’Brien believes in educating Australian customers about the everchanging gas and electricity market so they can adjust their energy usage habits and get the most out of their energy plans.

Meredith has six years within the energy industry, following 15 years of experience in financial services and is currently studying a Master of Business Administration. Meredith is a dedicated customer advocate who is passionate about empowering Australians to find the right products to suit their needs by removing the confusion from comparing.