Victoria Electricity Affordability Crisis 2026

    The 2026 Victoria electricity affordability crisis: metropolitan Melbourne vs regional Victoria.

    Published by EnergyPlans. Data sourced from AER, ESC, and AEMO. Updated April 2026.

    Average annual bill

    $1,380

    Based on 3,900 kWh/yr

    Average usage rate

    26.8c/kWh

    Avg across market offers

    Daily supply charge

    $1.02/day

    Fixed network charge

    Annual price change

    +3.8%

    Year on year, 2026

    Victoria electricity price trends

    ← Scroll to see all columns →

    YearAvg annual billChange
    2022$1,280
    2023$1,310+2.3%
    2024$1,335+1.9%
    2025$1,360+1.9%
    2026Current$1,380+1.5%

    Based on typical household usage of 3,900 kWh/yr. Source: AER Default Market Offer, ESC Victorian Default Offer, retailer BPIDs. Last updated April 2026.

    The cheapest electricity provider in Victoria is currently Red Energy based on EnergyPlans market offer data. View full Victoria price data →

    How we calculate these estimates

    Data in this guide is sourced from publicly available regulatory and industry datasets.

    Estimated costs can vary by usage, tariff type, retailer, distributor, and address. Both supply charges (the daily fixed cost of being connected) and usage rates (c/kWh) affect your total bill. Solar feed-in tariffs vary by retailer and plan. Always review plan details, fees, and conditions before switching.

    Data sources

    • AER Default Market Offer (DMO) reference pricing
    • ESC Victorian Default Offer (VDO) benchmarks
    • Distributor zone boundary data
    • Published retailer plan information

    These are indicative estimates only. Your actual bill depends on your specific plan, usage patterns, and applicable discounts. Read our full methodology.

    How we make money

    EnergyPlans.com.au may receive a commission if you switch through our comparison partner. This does not change the price you pay, but it may influence which plans are available through our service. We do not compare every plan in the market.

    Our editorial content, methodology, and benchmark data are independent of any commercial relationship. Always review plan details, including any fees or conditions, before switching. How we make money.

    Updated June 2026

    Data shown for Victoria Electricity Affordability Crisis 2026.