Choosing the right energy provider in Vic can be overwhelming, given the number of options available. Whether you're looking for the most affordable electricity rates, renewable energy plans, or the best customer service, it’s important to compare providers based on your specific needs.

This guide breaks down the top energy providers in Victoria, highlighting their key features, pricing structures, and what makes them stand out.

Factors to Consider When Choosing an Energy Provider in Victoria

Before we dive into our top picks, here are some key factors to keep in mind:

Pricing & Tariffs: Compare rates, standing charges, and usage costs.

Renewable Energy Options: Look for GreenPower-certified plans.

Discounts & Rebates: Some providers offer discounts for direct debit or bundling gas and electricity.

Customer Service: Check ratings and reviews to ensure reliable support.

Billing & Payment Options: Flexible payment plans, bill smoothing, and mobile apps can enhance convenience.

Exit Fees & Contracts: Some plans offer no-lock-in contracts for better flexibility.

Read - How to Apply for Australian Energy Rebates: A Step-by-Step Guide

Now, let's explore the best energy providers in Victoria based on affordability, sustainability, and customer satisfaction.

1. Origin Energy – Best for Flexible Plans

Why Choose Origin?

  • Competitive electricity and gas rates.
  • GreenPower options for renewable energy enthusiasts.
  • Flexible contract options with no exit fees on select plans.
  • Rewards program offering savings on dining, shopping, and entertainment.

Best Plan: Origin Go – Competitive rates with no lock-in contract.

2. AGL – Best for Rewards & Customer Service

Why Choose AGL?

  • AGL Rewards program with discounts on retail and entertainment.
  • Options for carbon-neutral energy.
  • Competitive solar feed-in tariffs for customers with solar panels.
  • Strong customer service with multiple contact channels.

Best Plan: AGL Value Saver – Great for long-term savings and rewards.

Read - AGL vs Origin vs Energy Australia — Who Offers the Best Deal in Victoria?

3. Red Energy – Best for Australian-Owned & Renewable Energy

Why Choose Red Energy?

  • 100% Australian-owned (a subsidiary of Snowy Hydro).
  • High customer satisfaction ratings.
  • Renewable energy plans, including 100% accredited GreenPower options.
  • No lock-in contracts and no exit fees.

Best Plan: Living Energy Saver – Earn Qantas Frequent Flyer points while saving on energy.

4. EnergyAustralia – Best for Budget-Conscious Households

Why Choose EnergyAustralia?

  • Affordable, transparent pricing with no hidden fees.
  • Options to offset your carbon footprint.
  • Competitive rates on electricity and gas bundles.
  • Bill-predictability tools for better budgeting.

Best Plan: Flexi Plan – No lock-in contract and competitive rates.

Read - Australia’s 11 Best Energy Suppliers — Find the Right Plan with Comparable.com.au

5. Powershop – Best for Green Energy Advocates

Why Choose Powershop?

  • Certified 100% carbon-neutral energy provider.
  • Purchase energy in advance through their app for extra savings.
  • Strong focus on renewable energy investments.
  • No fixed-term contracts and no exit fees.

Best Plan: Powershop Shopper Market Offer – Allows users to prepay power at discounted rates.

6. Momentum Energy – Best for Local & Ethical Sourcing

Why Choose Momentum Energy?

  • Owned by Hydro Tasmania, Australia’s largest generator of clean renewable energy.
  • Transparent pricing with no confusing discounts.
  • Supports government energy concessions and rebates.
  • Great for customers looking to support a sustainable future.

Best Plan: Momentum SmilePower – Supports renewable energy generation.

Read - Electricity and Gas Comparison: Dual Fuel Energy Plans Explained

7. Simply Energy – Best for Bundled Savings

Why Choose Simply Energy?

  • Affordable plans with attractive discounts for seniors and RACV members.
  • Easy-to-use app for tracking usage and bills.
  • Good solar feed-in tariffs for those with solar panels.
  • Regular promotional offers and savings.

Best Plan: Simply Blue Perks – Special discounts for RACV members.

Read - Millions Overpaying for Energy Bills: Here’s How to Avoid Being One of Them

How to Switch Energy Providers in Victoria

Switching to a new energy provider in Vic is straightforward. Follow these steps to find the best deal:

  1. Compare Plans: Use the Victorian Energy Compare website or provider websites.
  2. Check Your Current Contract: Ensure you’re not on a fixed-term plan with exit fees.
  3. Apply Online or Call the Provider: Most providers have quick online sign-up options.
  4. Wait for the Transfer: Switching usually takes a few days to a month.
  5. Confirm the Switch: Check your first bill to ensure everything is in order.

Final Thoughts

Finding the best energy provider in Vic depends on your priorities—whether it’s price, renewable energy, rewards programs, or customer service. By comparing plans and understanding your energy consumption, you can make an informed choice that saves you money and supports sustainability.

🔍 Pro Tip: Always check the latest deals, as energy plans and discounts frequently change!

Need help picking the right energy provider? Start comparing today and take control of your energy bills!