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

Bills and payments

Electricity Bill in Credit and How to Get Your Money Back

A credit balance means you have paid ahead. Here is why it happens, what you can do with it and how to get it refunded when you leave.

Checked against regulator sources, October 2026

Why your account is in credit

Common reasons for a credit balance
ReasonWhat happened
Solar exportsFeed-in credits in sunny months were larger than the cost of your usage and supply.
Bill smoothingRegular payments were based on an estimate higher than your actual use.
Estimated bills correctedEstimated bills were too high, and an actual read reduced what you owed.
Rebates and concessionsA government rebate or concession was credited to the account.
Overcharging fixedThe retailer found and corrected an error in your favour.

What you can do with a credit

  1. Leave it to carry forward

    Common for solar homes, where summer credits offset winter bills.

  2. Ask for a refund

    Contact your retailer and ask to have the credit paid into your bank account. Retailers may require the balance to be over a set amount.

  3. Adjust bill smoothing

    If smoothing payments built up the credit, ask for them to be reviewed and lowered. See billing periods.

  4. Close the account properly

    When you switch or move, check the final bill and request any credit as a refund.

Solar homes

A large credit in summer is often needed in winter, when panels produce less and heating use rises. Before asking for a refund, look at last winter's bills. See our bills with solar guide.

If your retailer will not refund a credit

Ask in writing and keep a record. If the retailer refuses or delays without a good reason, raise a complaint and, if it is not resolved, contact your energy ombudsman. Check your final bills when switching retailers, because credits can be overlooked during a transfer.

Questions about bills in credit

You have paid more than you owe so far, usually from solar credits, smoothing payments, corrected estimated bills or a rebate. The credit comes off future bills.

Yes, you can ask your retailer to refund it. Some retailers have a minimum balance for refunds. When you close an account, ask for any credit to be paid back.

It stays with your old retailer. Check your final bill and ask for the credit to be refunded.

Your regular payments are set from an estimate of your yearly cost. If you use less than expected, the account builds a credit. Ask your retailer to review and lower the payment.

You should ask for any credit on your final bill to be refunded. If a retailer will not return it, make a complaint and, if needed, contact your energy ombudsman.

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.