Our comparison service makes it easy to compare natural gas and electricity in Canberra and the ACT.
In the ACT, the energy market is deregulated, since you can choose who you want as your energy provider. However, the price for standing electricity offers is regulated by the government. These offers are known as the Default Market Offer (DMO).
If you’re on a standing (DMO) offer, you’ll notice that:
Because customers in deregulated states and territories can choose their energy provider, energy markets tend to see more competitive rates between energy providers. These competitive plans are called market offers.
Market offers tend to be more competitive and affordable than standing offers for regulated zones as they sometimes include discounts and a fixed price or price guarantee period. Your energy provider normally sets up market offers, which are subject to change at any time, even after you’ve signed up.
Simply put, this means that you have the freedom to pick and choose between energy providers in ACT, but you can also ask for a standing offer. It means you can shop around for a plan that suits you on your terms!
Learn more about the deregulated market.
Since October 2021, electricity providers in Canberra and the ACT must disclose the price difference between the electricity plans they offer and the DMO. Electricity retailers (providers) can set their own usage and supply charges, as long as the annual amount for the average usage doesn’t exceed the DMO amount.
The DMO protects you against providers that set unfair costs and acts as a reference price. This is a benchmark electricity price that’s based on your location’s average annual electricity usage, plus the usage and supply charges of each offer.
NSW, South East QLD and SA first implemented the DMO in July 2019. Meanwhile, a similar benchmark specific for VIC, known as the Victorian Default Offer (VDO), was also introduced in 2019.
The reference price applies to residential customers on flat or time-of-use tariffs regardless of whether there’s a controlled load tariff or not. For small business customers, it only applies to flat tariffs where prices for electricity supply don’t include controlled load tariffs.
Here are the reference prices that apply between 1 October 2021 and 30 June 2022.
|Customer type||Annual electricity consumption (kWh)||Annual reference price|
|Residential customer without controlled load||6,100||$2,090|
|Residential customer with controlled load||6,300 (general consumption)|
2,500 (controlled load consumption)
|Small business customer on flat tariffs||20,000||$7,520|
Source: ACT Government – ‘Utilities (Representative Consumption and Reference Price) Determination 2021’ – Accessed 22/11/2021
In Canberra and the greater ACT area, customers will pay a fixed daily supply charge for electricity to be distributed to their property and a usage charge for each kilowatt-hour (kWh) of that electricity they use, which is charged as cents per kWh (c/kWh). The more electricity a customer uses, the higher the usage charges will be.
For gas, you’ll also pay a fixed daily supply charge and a usage charge for each megajoule of gas used (charged as cents per MJ (c/MJ).
Take a look through our energy provider comparison table below to easily compare electricity and gas providers in Canberra and their plans and rates. Alternatively, head over to our energy comparison service to enter your details and compare a range of plans of all prices and features.
Since the ACT’s energy market is both regulated and deregulated, customers can choose from a range of energy plans and tariffs. Depending on various factors, including where you live and your usage, a new plan may feature a tariff that helps reduce the cost of your bill.
Tariffs are the pricing structures that influence the way providers charge you for your energy usage. A tariff includes the daily supply charge and the usage charge. The daily supply charge (also known as service or fixed charge) is a set amount your electricity provider charges to supply electricity or gas to your home or business; it isn’t influenced by how much energy you use.
The usage charge (also known as the consumption or variable charge) is the cost of the electricity or gas you use and appears on your bill as c/kWh for electricity and cents per megajoule (c/MJ) for gas.
The following are the types of electricity tariffs that may be applicable in the ACT:
To take advantage of peak, off-peak and shoulder times and rates, you’ll need to have a smart meter and be on a time-of-use tariff plan. You may find that the actual times of these periods vary between electricity providers, but according to the ACT Government, peak, off-peak and shoulder times in ACT are generally as follows:1
Some tariffs, like time-of-use, may apply more than one usage charge to your bill for peak, off-peak and shoulder times.
Our energy comparison service can help you compare energy plans and providers in Canberra, the ACT and beyond. Simply enter in a few details, like your energy usage and postcode, and within minutes you can compare electricity and gas plans in Canberra from a range of energy providers.
You can see which electricity suppliers in Canberra retail electricity by reviewing the list below. We don’t compare products from all electricity providers on this list as we don’t compare all brands in the market, or all products offered by all brands. Information about the electricity providers we currently compare is available here.
* The information provided above is based in the postcode of 2600 and is accurate as of 20 October 2021. Data sourced from the Australian Energy Regulator (AER).
The following energy providers also supply gas in ACT.
* * The information provided above is accurate as of 25 October 2021. Data sourced from the Australian Energy Regulator (AER) and the Department of Environment, Land, Water and Planning, Victoria.
If you have a solar power system for your house or business, you may end up generating more solar energy than you use. With a solar feed-in tariff in the ACT, your solar system can feed extra and unused energy back into the electricity grid. You may get paid for it as a credit on your electricity bill.
Solar feed-in tariffs can vary between energy providers in Canberra, so always consider this when comparing ACT energy plans.
When it comes to finding the cheapest electricity provider, it’s crucial you compare energy plans and providers in Canberra for your postcode from electricity providers around the territory.
To help you get started, we’ve compiled a table of the cheapest electricity Canberra has to offer.
|Electricity provider||Plan||Annual Cost (inc. discounts)||Annual Cost (excl. discounts)||Discount Benefit Period||Contract Term|
|ReAmped Energy||ReAmped Advance | Anytime||$1,110.00||$1,160.00||None||None|
|Elysian Energy||Power Maximiser – Monthly Subscription – No Fees||$1,180.00||$1,210.00||None||None|
|Social Energy||Social Energy Basic Plan||$1,310.00||$1,310.00||None||None|
|Red Energy||Living Energy Saver (020)||$1,320.00||$1,320.00||None||None|
|Origin Energy||Origin Go||$1,320.00||$1,320.00||Ongoing||1 year|
|ActewAGL||Cool Credit||$1,340.00||$1,340.00||Ongoing||1 year|
|EnergyAustralia||Total Plan Home||$1,340.00||$1,340.00||Ongoing||1 year|
|Radian Energy||The Simple Switch Res Anytime||$1,380.00||$1,380.00||None||None|
|Energy Locals||Online Member 2022 – Anytime||$1,410.00||$1,410.00||None||None|
|Powerclub||Powerbank Home Flat + Solar||$1,450.00||$1,450.00||None||None|
|CovaU||Freedom – Residential Evoenergy TOU||$1,520.00||$1,520.00||None||None|
|Discover Energy||Evoenergy Residential TOU 5 Day Standing Offer||$1,550.00||$1,550.00||None||None|
* The prices and information provided above are based on a house with two to three adults with no electric heating, hot water or underfloor heating and in the postcode of 2600 and are accurate as of 20 October 2021. Data sourced from the Australian Energy Regulator (AER). Plans and prices are subject to change.
In July 2021, the annual cost for an all-electric household on a standing offer was $2,623, according to an ACT Energy Prices report.2 Households on standing offers who use both electricity and gas paid an average annual cost of $2,201 for electricity alone. See the table below for more details.
Not sure what a standing offer is? Find out in our section about how the electricity market works in the ACT.
|Household type||Regulated zones|
|All-electric household||$2,623 based on a flat rate tariff with an annual consumption of 8,000kWh (GST inclusive).|
|Electricity and gas household||$2,201 for electricity alone, based on an annual consumption of 6,500kWh (GST inclusive).|
Source: St Vincent de Paul Society – ‘ACT Energy Prices July 2021 (Page 3 and 4)’ – Accessed 22/11/2021
Remember, the above is an average only and the offers available to you will differ. The best way to know what different plans will cost is to compare your options, so start that journey here!
The ACT offers a Utilities Concession for eligible residents, which can help you save money and minimise your overall cost of living. From 1 July 2021, the annual concession is $750.3
A one-off $50 payment will also be added in the 2021-22 financial year, as well as a one-off $200 COVID-19 rebate, which brings the total concession in 2021-22 to $1,000.
You may be eligible for the Utilities Concession if you’re the primary holder of one of the following cards:
The concession covers electricity, gas, water and sewage, and you can apply for it by simply contacting your energy provider. It’s also worth keeping in mind that you can only apply for a concession from the start date of your concession card.
The best energy deal for you will depend on your financial circumstances, energy consumption habits and household. Every gas and electricity provider offers varying rates, discounts, payment methods (including direct debit), exit fees (if any) and more. So, while the best deal for someone may be the cheapest plan, the best deal for someone else may be the most flexible.
If you’re looking for the cheapest plan, see the cheapest energy providers in Canberra.
Consider your personal circumstances while comparing energy plans. Our energy comparison service makes it easy to compare energy suppliers and plans in the ACT. You can compare the estimated total costs, usage costs, daily supply charges, and other charges!
As the General Manager of Utilities at Compare the Market, Brett Mifsud is our resident expert in energy. He understands that ACT homes can be powered by both electricity and gas and strives to make this often-complex market as easy as possible for customers, so they can make informed decisions on their energy supply.
With more than 10 years of experience in the energy sector across energy exploration, production and sales, Brett hopes to change the energy landscape in Australia through comparison services. He holds a Master of Business Process Management from QUT and has led operational and project teams in the energy industry to deliver transformative change across sales, customer service, marketing and energy meter reading and billing. Brett also guest lectures at The University of Queensland.