Deep Almanac

Cheapest electricity plans on the AusNet Services network (VIC)

For a household using 4,000 kWh a year with no controlled load, the cheapest plan on the AusNet Services network is 1st Energy's 1st Emerald, Residential - Time of Use, at an estimated $1,266 a year ($1,266 if you miss its conditional discounts). The table ranks the cheapest plan from each of 25 retailers; choose another usage level, add controlled load, or show every plan, and it re-ranks. Every bill here is an estimate for the household described, worked out from the plan's published prices, not a quote.

671 residential plans on AusNet Services from 25 retailers, from the AER's Consumer Data Right plan data, as of 12 November 2026. 284 are open to any household on a meter without controlled load.

Usage

Household: 4,000 kWh a year (medium; medium is the ESC's Victorian Default Offer 2026–27 reference consumption (4,000 kWh), shaped to the ESC's reference split of 29% peak (4pm–9pm), 18% solar soak (11am–4pm) and 53% off-peak).

25 retailers' cheapest plans for a household using 4,000 kWh a year, cheapest first.

#RetailerPlan Bill a year Without conditional discounts TariffSupply c/day Usage c/kWh Feed-in c/kWh ConditionsSource
11st Energy1st Emerald, Residential - Time of Use$1,266$1,266Time of use99.99Tariff 1 37.07Tariff 2 17.60Tariff 3 13.640.50
2Alinta EnergyHomeDeal Smart - Time of Use (Interval)$1,269$1,269Time of use100.02Tariff 1 37.16Tariff 2 17.63Tariff 3 13.720.04
3OVO EnergyThe One Plan - NOV2026$1,271$1,271Time of use102.59Tariff 1 38.10Tariff 2 18.07Tariff 3 9.901.40
4Tango EnergyEveryday Easy$1,271$1,271Flexible71.50Peak 46.75Off Peak 18.70Solar Soak 9.900.04
5Globird EnergyGloBird GLOHOME Residential (Flexible Rate) AusNet Services (electricity)$1,273$1,312Time of use96.80Tariff 1 39.60Tariff 2 18.70Tariff 3 14.30—New customers only (retailer's website)
6Dodo Power & GasReal Deal - Time of Use$1,276$1,276Time of use58.55Tariff 1 42.51Tariff 2 18.750.04
7SumoSumo Online Saver$1,302$1,302Time of use103.55Peak 38.01Off peak 18.03Solar soak 14.040.00New customers only
8Lumo EnergyLumo Plus$1,308$1,308Time of use107.71PEAK 40.79OFF PEAK 17.40Smart Rate 10.081.00
9Kogan EnergyKogan Energy for current FIRST members$1,345$1,345Time of use106.01Tariff 1 39.38Tariff 2 18.68Tariff 3 14.542.00
10PowershopPower House$1,345$1,345Time of use106.01Tariff 1 39.38Tariff 2 18.68Tariff 3 14.542.00
11Flipped EnergyFreedom Switched On 2.1!$1,427$1,427Time of use86.64Evening 59.03Day 18.24Overnight 17.890.00
12EnergyAustraliaHome 365 - Time of Use$1,464$1,464Time of use128.24Tariff 1 47.64Tariff 2 22.60Tariff 3 17.591.50
13Momentum EnergyHome Comfort Electricity$1,467$1,467Time of use120.45Tariff 1 42.24Tariff 2 15.62Tariff 3 20.020.90
14Red EnergyLiving Energy Saver$1,496$1,496Single rate126.4825.851.00
15ENGIEVIC ENGIE -Perks Elec$1,512$1,512Time of use128.24Peak 47.63Off-Peak 22.59Saver 17.591.00
16Origin EnergyOrigin Affinity Variable - Cheap Bills - Oct'26 (Time of Use)$1,513$1,513Time of use119.26Tariff 1 44.31Tariff 2 16.36Tariff 3 21.021.00
17CovaUSuper Saver Residential Two Rate$1,524$1,524Time of use115.41Peak 39.36Off Peak 19.841.00
18Next Business EnergyNBE Standing Resi VIC AusNet Services (electricity)Standing offer$1,531$1,531Time of use128.24Peak 47.64 (first 11.18 kWh a day)Peak 47.64 (above)Off Peak 20.100.10
19Flow PowerFlow Home$1,557$1,557Time of use100.63Tariff 1 29.74Tariff 2 29.742.00
20Diamond EnergyDiamond Everyday - Time of Use$1,562$1,594Time of use123.03Peak 47.60Off-Peak 22.56Shoulder 15.891.20
21AGLAGL Residential Smart Saver$1,571$1,571Time of use115.41Tariff 1 42.62Tariff 2 21.960.50
22Indigo PowerIndigo Power Retail - Energy Shapers Plan AusNet Services (electricity)$1,582$1,582Time of use153.78Peak 30.69Off Peak 22.55—
23NectrMidday Power Saver - AusnetStanding offer$1,615$1,615Time of use126.96Off-peak 24.53Free usage period 0.00 (first 24 kWh a day)Free usage period 19.56 (above)Solar soak 19.56Peak 49.321.00
24Amber ElectricStanding Offer: TOUStanding offer$1,626$1,626Time of use128.24Peak 47.64Offpeak 22.60Solar Sponge 17.590.00
25Blue NRGBlue VDO TOUStanding offerNot updated since 2026-06-15$1,627$1,627Time of use128.24Tariff 1 47.64Tariff 2 22.61Tariff 3 17.591.00

Bills include the daily supply charge, any recurring fee and, unless you untick it, every discount that depends on how you pay (pay on time, direct debit); one-off credits such as sign-up bonuses are not counted. Prices are in cents; feed-in is what the retailer pays you for solar exports and is not in the bill, which assumes no solar. A plan marked “Not updated since” was last changed by its retailer more than 120 days before our fetch (103 on this network). Plans open only to some households (members, seniors, solar or battery owners, comparison-site customers, wholesale pass-through) are left out unless you include them.

6 plans on this network could not be priced

These are left out of every ranking above. 6 of them have a demand charge, which depends on a household's highest half-hour of use rather than how much it uses, so no annual estimate is fair to them.

RetailerPlanTariffWhy not pricedSource
Alinta EnergyStanding Offer - Demand Single RateSingle ratehas a demand charge
Alinta EnergyStanding Offer - Demand Single RateSingle ratehas a demand charge
Alinta EnergyStanding Offer - Demand Single Rate + CLSingle rate · controlled loadhas a demand charge
Alinta EnergyStanding Offer - Demand Single Rate + CLSingle rate · controlled loadhas a demand charge
Indigo PowerIndigo Power Retail - Community Energy Hub Plan AusNet Services (electricity)Single ratehas a demand charge
Indigo PowerIndigo Power Retail - Energy Shapers Plan AusNet Services (electricity)Single ratehas a demand charge

How the household is chosen

Each network is priced for three households. Medium is the regulator's reference household: the AER's Default Market Offer 2026–27 usage and daily profile in NSW, south-east Queensland and SA, and the ESC's Victorian Default Offer 2026–27 usage (4,000 kWh) in Victoria. The ACT, Tasmania and regional Queensland have no default offer, so their medium is the AER's 2020 average for the distributor scaled to match the others. Low is half of medium and high is double. Usage is the same every day, so a seasonal price is weighted by the number of days in each season. A household with controlled load (a separately metered hot water system) adds the network's controlled load kWh, priced on the plan's cheapest controlled load rate. No solar export is assumed.

This is reference data worked out from published prices, not advice about which plan to choose. Each estimate assumes a stated household; a real bill depends on the household's own usage. Check a plan with your own usage at Victorian Energy Compare before you switch.

Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. Each bill here is an estimate for a typical household's usage, worked out from the plan's published prices; your own bill depends on when and how much you use, so check a plan's estimate with your own usage at Energy Made Easy or Victorian Energy Compare, and confirm with the retailer that you can take it (some offer a plan to new customers only without saying so in the data), before you switch. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.