Best Electricity Plans in Victoria (2026 Guide)
Victoria has a unique market with the Victorian Default Offer (VDO), which acts as a reference price. Smart meters are mandatory across the state, allowing for advanced time-of-use tariffs. Competition is high between major players like Origin, AGL, and newcomers like Amber which offer wholesale pricing.
Average Electricity Cost in Victoria
The average household in Victoria spends approximately $1,400 per year on electricity. By switching to a competitive market offer, you could save up to 25%.
Victoria Electricity Rebates & Concessions
Victorians can access the Annual Electricity Concession (17.5% off usage) and the Utility Relief Grant Scheme (URGS) if they are having trouble paying bills.
Top Electricity Providers in Victoria
- AGL Energy — Large provider with various plans for Victoria
- Origin Energy — Reliable with GreenPower options
- EnergyAustralia — Popular no-lock-in contracts
- Red Energy — 100% Australian owned, Velocity Rewards
- Simply Energy — Budget-friendly plans
How to Compare Electricity Plans in Victoria
- Use our free Electricity comparison tool
- Enter your usage details
- Compare plans by price, green energy %, contract length
- Switch in minutes — all handled online
Popular Suburbs in Victoria
- Compare Electricity plans in Melbourne
- Compare Electricity plans in Geelong
- Compare Electricity plans in Ballarat
- Compare Electricity plans in Bendigo
- Compare Electricity plans in Melbourne Cbd
- Compare Electricity plans in St Kilda
- Compare Electricity plans in Richmond
- Compare Electricity plans in Fitzroy
- Compare Electricity plans in Footscray
- Compare Electricity plans in Sunshine
- Compare Electricity plans in Frankston
- Compare Electricity plans in Dandenong
- Compare Electricity plans in Ringwood
- Compare Electricity plans in Box Hill
- Compare Electricity plans in Essendon