Finding the cheapest energy supplier in Australia isn’t easy, mainly because price ranges vary by point out, use patterns, and regardless of whether you’re on a regular or industry supply. Still, a number of constant names retain coming up in 2025 comparison knowledge: OVO Power, EnergyAustralia, Origin, AGL, and Simply Power. Unbiased critiques and government comparison web pages exhibit that OVO and Simply Electricity frequently guide with intense savings, although the large a few—Origin, AGL and EnergyAustralia—at times offer loyalty credits or bundling perks which will make them competitive dependant upon your postcode.
Who usually has the lowest Power costs?
OVO Electrical power: Known for lower foundation prices and simple options, normally position least expensive in NSW and Victoria.
Just Strength: Well known in Victoria and South Australia, offering discounts for bundling with fuel or EV charging benefits.
AGL and Origin: The majors from time to time undercut smaller rivals with limited-time provides, but conventional strategies tend to be bigger.
EnergyAustralia: Competitive in Queensland and NSW, especially for households with solar feed-in.
Why can’t there be just one single “most economical” provider?
Strength pricing in Australia is controlled through the Australian Electricity Regulator (AER), but Each individual condition has its personal wholesale fees and distribution rates. That means the cheapest provider in Sydney received’t essentially be most affordable in Melbourne or Adelaide. The proper option is determined by:
Your Electricity usage (lower, medium, or substantial utilization homes).
Whether or not You furthermore may need fuel bundled in.
Solar rebates or EV tariffs that certain suppliers specialise in.
How can you truly Review plans?
The government check my site offers a totally free comparison Software—Vitality Designed Quick
—in which you enter your Monthly bill details and see who comes out least expensive within your postcode. A lot of Aussies also use business comparison expert services, but these is usually biased towards vendors who fork out commissions.
Authentic-environment case in point
Have a Melbourne house on 4,000 kWh a yr. OVO Power’s marketplace strategy in early 2025 works out around $one,280 per year, even though Origin’s equivalent sits closer to $one,400. That’s a $120 preserving a 12 months—tiny, news but more than a few yrs, it’s $360 back again inside your pocket. Anybody who’s at any time opened a January electrical power Monthly bill recognizes that seems Are they 100% Australian owned? like funds superior spent around the esky along with the air-con.
FAQ
Is the cheapest energy supplier constantly the ideal?
Not always. From time to time The most affordable system comes with fewer customer care solutions, app attributes, or increased exit service fees.
Do scaled-down stores danger heading bust?
It’s possible. The AER includes a “retailer of final vacation resort” plan to shield consumers, but a lot of desire sticking with set up names for satisfaction.
How often should really I switch?
At the very least yearly, or Each time your lower price period expires—Vitality suppliers rely on shopper inertia.
In brief, there’s no person-dimensions-matches-all most inexpensive supplier in Australia, but OVO Vitality and easily Energy consistently occur up amid the lowest-cost companies. When you’re weighing up distinct features, an Energy Broker
can assist decode the fine print and match my company a plan to your specific usage.