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2026-27 rates are live. DMO, VDO and solar feed-in tariffs updated for July 2026. See what changed

Electricity FAQ

What Is a Good Electricity Rate? Benchmarks for Each Network

A good rate beats your area's regulated reference price on both the usage rate and the supply charge. Here are the benchmarks for every network.

Checked against regulator sources, October 2026

Good rates in each network area right now

Regulated reference rates and the cheapest market plans, flat rate
NetworkReference usage / supplyCheapest plan usage / supply5th cheapest usage / supply
Ausgrid (NSW)33.14c / 166c26.84c / 108c26.4c / 133c
Endeavour Energy (NSW)33.73c / 185c26.18c / 133c26.95c / 148c
Essential Energy (NSW)35.01c / 272c32.26c / 160c28.91c / 213c
Energex (QLD)27.97c / 192c20.13c / 143c24.06c / 165c
SA Power Networks (SA)41.91c / 180c33.88c / 146c37.68c / 131c
Evoenergy (ACT)36.95c / 134c27.2c / 117c37.13c / 124c
AusNet Services (VIC)31.98c / 128c24.86c / 100c25.72c / 103c
CitiPower (VIC)25.96c / 121c19.69c / 92c19.95c / 103c
Jemena (VIC)27.47c / 127c20.79c / 97c21.87c / 100c
Powercor (VIC)28.22c / 138c21.34c / 105c21.68c / 115c
United Energy (VIC)27.35c / 119c20.32c / 90c20.83c / 100c
Reference prices from the AER, ESC and state regulators for 2026-27. Market plans from the AER's Energy Made Easy plan data on 14 October 2026: generally available flat-rate plans ranked by yearly cost at 4,000 kWh, conditional discounts left out. GST included.

Supply charges are in cents a day. As a rule of thumb, a plan whose usage rate and supply charge both sit near the cheapest five in your area is a good rate. If both are close to the reference column, you are paying close to the capped price. Live prices for every network are on the compare pages.

Where there is no choice

In WA, the NT, Tasmania and regional Queensland, most homes pay a regulated price set by the state, so the rate on your bill is the rate. See electricity rates by state.

How to judge a rate

  1. Find the reference comparison

    Every advertised plan must show how it compares with the reference price, as a percentage below or above it. Lower is better. See the DMO and the VDO.

  2. Check both charges

    A low usage rate with a high supply charge suits big users. Small users often do better with a low supply charge.

  3. Ignore conditional discounts

    Pay-on-time and direct debit discounts disappear if you miss a condition. Compare on the price you will pay if you slip up. See pay-on-time discounts.

  4. Check the feed-in tariff if you have solar

    A slightly higher usage rate can be worth it for a better export rate. See feed-in tariffs.

Common questions

It depends on the network. On 14 October 2026 the cheapest generally available flat-rate plans charged from 19.69c to 33.88c per kWh including GST. Anything well below your area's Default Market Offer or Victorian Default Offer usage rate is a good starting point, as long as the supply charge is also competitive.

It depends where you live. 30c is below the regulated reference rate in NSW, South Australia and the ACT, but above it in South East Queensland and most of Victoria, where the cheapest market plans charge about 20c to 25c per kWh. Compare the yearly cost, supply charge included, before deciding.

Supply charges vary by network, mainly because network costs differ. Compare your supply charge with the cheapest plans in your area in the table above. A plan that is low on both the supply charge and the usage rate is a good deal.

Check the better offer message on your bill, then compare plans on Energy Made Easy, or Victorian Energy Compare in Victoria, using your own usage. If your current plan costs more than the cheapest few, ask your retailer to match or switch.

Only if you never miss the condition. Rank plans on their price without conditional discounts, because that is what you pay if you are late once.

Network charges, the biggest part of a bill, differ between distribution networks, and wholesale costs differ between states. That is why the reference price and the cheapest market rates change from one network to the next.

Sources

Every rate on this page comes from the regulator or the regulated retailer. Last checked October 2026. Prices include GST unless we say otherwise.