Learn about Cheapest Power Companies in Melbourne
Average Melbourne households could save from $214 to $394 annually by comparison with the AGL, Origin Energy and Energy Australia.
Electricity distributor, managing the infrastructure that delivers power to your home or business. They’re responsible for:
- Maintaining power lines and poles
- Managing emergency responses during outages
- Installing and maintaining meters
- Ensuring reliable power distribution across the network
- Setting network tariff types and transfer rules
- Powercor Australia: Serves Melbourne’s outer western suburbs and regional/rural areas in the central and western parts of Victoria.
- Ausnet Services: Responsible for the outer northern and eastern suburbs, as well as Victoria’s 6,000-kilometer high-voltage electricity transmission system.
- United Energy Distribution: Supplies electricity to southern suburbs and the Mornington Peninsula.
- Citipower: Operates in the city and inner suburbs.
- Jemena: Serves northern and north-western suburbs.
You have the freedom to choose from multiple energy providers who compete to offer you the best rates and services.
Anytime tariffs have the same rates for electricity at all times.Customers without smart meters use this tariff.
Demand tariffs by default if customers with smart meters are assigned to network and may instead switch to time of use if they choose. Recently the AER limited the right of your energy provider to pass this network tariff through to you,
Demand tariffs have a separate charge for your maximum use of energy in a half hour period in the evening 4pm to 9pm in addition to an anytime energy charge.
Time of use tariffs have a peak period 3pm to 9pm every day, super off peak is 9am to 3pm while all other periods are off peak. If you have one of these tariffs, we can compare for you.
- 2024-25: 3.3 cents per kilowatt-hour.
- This applies regardless of the time of day or day of the week.
- Overnight: 7.6 c/kWh.
- Day: 2.8 c/kWh.
- Early Evening: 7.0 c/kWh.
- Shoulder: 4.1 c/kWh.
- Off-Peak: 2.1 c/kWh.
- Peak: 8.4 c/kWh
- Premium Feed-in Tariff (PFiT) Ended: The Victorian Government’s PFiT scheme ended on November 1, 2024.
- Energy Companies Can Offer Higher Rates: Retailers are not limited to the minimum tariffs and can offer higher rates.
- Check with Retailers: If you are affected by the removal of PFiT, contact your retailer to discuss their offers.
- Use Energy Price Comparison Tools: The Victorian Government’s energy price comparison tool can help you find the best prices available.
- Minimum Feed-in Tariff Review: The Essential Services Commission (ESC) conducts reviews of the minimum feed-in tariffs, and you can find more information on their website.
- Solar Victoria Incentives: There are new opportunities for early adopters of solar through Solar Victoria’s incentives.
- Solar Panel Rebates: Solar panel rebates of up to $1,400 are available for eligible Victorians.
Most customers stay with the same energy provider too long and pay the loyalty tax. Our unique electricity online portal takes the hassle out of switching. Most customers switch twice a year to avoid overpaying.
It’s dead easy to switch. You get details of cheapest energy provider Melbourne and simple 3 step instructions to complete your switch. Signing up just takes a few minutes.
All Victorian customers have a smart meter, which means you can choose from different tariff options.
It’s also super quick to complete the switch.
ISelect are the market leader in comparing energy plans in Melbourne and regional VIC but as we show in our recent article, they often don’t have the cheapest electricity suppliers Melbourne or the cheapest gas suppliers Melbourne because they only compare for the companies that pay them. The energy companies don’t allow them to switch you again when a cheaper price is available as we do. Our electricity tariff comparison tool is always checking for the cheapest deal. Get every offer from every company compared. We don’t accept commissions or payments or inducements from energy companies. We only work for you.
