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Comparethemarket.com.au compares energy plans with the support of their trusted affiliate, Thought World. The below information was kindly supplied by Thought World.

The off-peak tariffs in Victoria differ from the rest of the states. Victoria offers 5 different controlled rates which may collectively fall under a single rate GD/GR and a time of use meter which is confirmed by the electricity supplier. A comparison is run for all the above mentioned tariffs. For example if you are a Victorian customer and you choose a peak and off peak meter in your search, then your results will include eight different tariffs from GH/GL to J,J6,J8,JT,Y6,Y8,YT. The highest being GH/GL and the lowest being tariff Y and J. The following is the breakdown of different tariffs.

Tariff Type: GH/GL – This tariff is independent of electrical devices. This tariff is based on time of use, and the peak and off peak are charged based on the electricity usage during the day.

The rest of the tariffs are based on the type of electrical appliance.

Tariff Type J – This tariff offers off peak storage space heating supply for 7 hours at night and 3 hours in the afternoon for permanently wired storage spaces – provided the supply is not taken in combination with tariff for storage water heating. Please note the supply is only applicable for approved types.

Tariff Type J8 – This tariff offers off peak storage space heating supply for 7 hours at night and 3 hours in the afternoon for permanently wired storage spaces provided the supply is taken in combination with tariff type Y8 for storage water heating. Please note the supply is only applicable for approved types.

Tariff Type J6/JT – Off-Peak Storage Space Heating – Supply offered for 7 hours during night and 3 hours during afternoon for permanently wired storage space heaters provided the supply is taken in concurrence with Tariff type Y6/YT. Please note the supply is only applicable for approved types.

Tariff Type Y6/YT – This tariff offers an off-peak load managed storage water heating for 6 hours during night for permanently wired water storage heaters, provided load management requirements are met for approved types.

Tariff Type Y8 – This tariff offers an off-peak water heating storage for 8 hours during night for permanently wired storage water heaters. Please note the supply is only applicable for approved types.

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