Our table shows you the difference between the annual price estimate for each plan and how it stacks up against the Victorian Default Offer, which is the benchmark set by the state government.
Ideally, you want a plan that is lower than the default offer price, as it'll be cheaper.
The top 3 electricity providers in VIC currently offering the cheapest plans are:
34% less than reference price
Energy Fact Sheet
31% less than reference price
Energy Fact Sheet
31% less than reference price
Energy Fact Sheet
As of July 2023, the best electricity provider in VIC is Energy Locals.
Not only does it offer the cheapest electricity rate in Victoria this month, it also offers $100 sign up credit for new customers.
Just keep in mind that move-in and credit card fees apply.
We've included guaranteed discounts and any available sign up incentives to the annual price estimate to help you compare gas plans.
The top 3 gas providers in VIC currently offering the cheapest plans are:
As of July 2023, the best gas provider in VIC is Lumo Energy.
Lumo will cover the costs for standard connections and disconnections when you move and reconnect with them.
Just keep in mind that monthly billing is not available.
Why compare energy plans with Finder?
We don't charge extra. Prices shown on Finder are the same as those you get directly from energy providers.
We regularly update plans and offers from providers so you can make an informed decision.
We've helped over 1.16 million people compare energy plans in the last 3 years.
There are 3 main factors that should be front of mind when comparing energy providers in Victoria.
You can read our guide to switching energy providers if you want more details.
Switching to a green electricity provider in Victoria can help you reduce your carbon footprint and bring more renewable energy to the grid.
The Green Electricity Guide independently ranks energy providers across Australia to find out which is the most environmentally friendly of the lot.
Currently, the top 3 green energy providers in Victoria are:
Households in Victoria can access round 2 of the $250 Power Saving Bonus as of 24 March 2023.
More than 1.7 million households have already taken advantage of the rebate since it was launched in 2022.
All you have to do is head to the Victorian Energy Compare website to start the application process.
Apart from the $250 Power Saving Bonus, you could be eligible for further rebates and concessions.
The discount is available year-round but only applies to the controlled load or dedicated circuit parts of your bill for the heating system.
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