These are the cheapest electricity plans in our database for July 2026.
The estimated annual costs are based on a household on the Energex network using 4,600kWh of electricity a year on a single-rate tariff.
Your actual costs will depend on the plan you choose and how much electricity you use.
| Plan | Annual estimate | Rates | Deals |
|---|---|---|---|
| Kogan - Energy with free FIRST | $1,590 (20% less than reference price) | Usage rate: 26.23 cents per kWh Supply charge: 103.92 cents per day | Free 12-month FIRST membership for new Kogan Energy customers who successfully sign up for Kogan FIRST and switch to Kogan Energy. Eligibility criteria and conditions apply. Kogan FIRST conditions also apply |
| Powershop - Power House | $1,590 (20% less than reference price) | Usage rate: 26.23 cents per kWh Supply charge: 103.92 cents per day | New and moving customers switching from another retailer get a $200 electricity bill credit, applied around 90 days after activation. |
| Flipped Energy - Anytime Switched On 2.2! | $1,690 (15% less than reference price) | Usage rate: 27.32 cents per kWh Supply charge: 118.6 cents per day | N/A |
| GloBird Energy - WHOLESAVE Resi (Single Rate) estimate-Energex | $1,720 (13% less than reference price) | Usage rate: 19.61 cents per kWh Supply charge: 149.6 cents per day | Existing GloBird customers get a $50 account credit after their referred friend pays their first bill, and the friend also gets $50. |
| Alinta Energy - HomeDeal Smart | $1,750 (12% less than reference price) | Usage rate: 24.62 cents per kWh Supply charge: 168.97 cents per day | N/A |
These are the cheapest gas plans in our database for July 2026.
The estimated annual costs are based on a typical household on the Allgas Energy network that uses 8000MJ a year.
| Plan | Annual estimate | Rates | Deals |
|---|---|---|---|
| Alinta Energy - HomeDeal Select | $670 per year | Usage rate: 3.45 to 3.75 cents per MJ Supply charge: 100.93 cents/day | N/A |
| Origin Energy - Affinity Variable ePlus | $760 per year | Usage rate: 3.72 to 3.99 cents per MJ Supply charge: 119.44 cents per day | New and moving customers get 5,000 bonus Everyday Rewards points for gas (renewing customers get 2,500) plus 1 point per $1 on bills. Existing customers get a $50 bill credit for each friend they refer. The friend gets $50 off their first bill, and adding an NBN plan saves $10 a month on internet. |
| AGL - Residential Smart Saver | $780 per year | Usage rate: 3.89 cents per MJ Supply charge: 127.64 cents per day | Up to $300 in online sign-up bill credits across electricity and gas plans. Amounts vary by state; a 90-day stay may apply. New or moving customers only. T&Cs apply |
| CovaU - Freedom Residential Gas | $790 per year | Usage rate: 4.03 to 4.32 cents per MJ Supply charge: 124.3 cents per day | Existing CovaU customers get a $50 EFTPOS gift card for each new customer they refer. |
| Red Energy - Qantas Red Saver | $820 per year | Usage rate: 4.32 cents per MJ Supply charge: 127.33 cents per day | Get 5,000 bonus Qantas Points when you pay your first gas bill in full, and 2 Qantas Points per $1 on every gas bill when you pay on time. |
Queensland's energy market is really two markets, and which one you're in decides whether comparing plans is worth your time.
But there's an important exception. The split above applies to electricity.
Gas prices are deregulated across the whole state, so if your home has mains gas, which is available in South East Queensland and several regional centres, you can choose your gas retailer wherever you live.
The exceptions are Roma and Dalby, where the local councils run the gas networks.
With this in mind, if we're talking about comparing and choosing an energy provider in the state, it's mainly for those living in South East Queensland.
There are a few details worth checking before you sign up to a plan:
Your tariff is the other piece of the puzzle. It determines how you're charged for the energy you use.
There are two gas tariff types in QLD:
Electricity plans in Queensland are measured against the reference price.
The reference price is an annual benchmark set by the Australian Energy Regulator that estimates what a typical household on the Energex network would pay if they were on a standing offer.
For 2026-27, it's $1,988 a year.
Every plan must show how it compares.
So if a plan says it's 15% less than the reference price, its estimated cost is 15% lower than that benchmark.
The reference price fell 7.2% this year, the biggest drop of any state.
The cheapest market plans sit well below it, which is where the savings from switching come in.
There's no reference price for gas in Queensland, so the annual estimate on each plan is the most reliable way to compare gas plans.
Queensland has more rooftop solar than any other state, with over a million systems installed.
In South East Queensland, there's no minimum feed-in tariff.
Retailers set their own rates, and most flat rates are now low single digits, so it pays to compare the whole plan rather than chasing the highest feed-in figure.
A generous feed-in rate attached to a high usage charge can end up costing you more
The maths now favours using your own solar over exporting it. Every kWh you use at home is one you don't buy at full price, so running the dishwasher, washing machine or pool pump during the day beats any feed-in tariff going.
One more thing: if you're one of the households still on the legacy 44c Solar Bonus Scheme, it runs until 1 July 2028, but certain account changes can end it early. Check the scheme's conditions before changing anything about your account.
From 1 July 2026, retailers with more than 1,000 customers in south east Queensland have to offer an opt-in plan with 3 hours of free electricity between 11am and 2pm every day, capped at 24kWh a day.
This is known as the Solar Sharer Offer.
You don't need solar panels to sign up, but you do need a smart meter, and it's not available in regional Queensland.
The catch is that rates outside the free window are much higher than on a standard plan.
Here's how the rates compare for the Energex network:
| Period | Rate |
|---|---|
| Free period (11am-2pm) | 0 cents per kWh |
| Off peak (2pm-4pm) | 8 cents per kWh |
| Peak (4pm-9pm) | 49 cents per kWh |
| Shoulder (9pm-11am) | 26 cents per kWh |
| Daily supply charge | $1.78 per day |
It only works out cheaper if you can genuinely shift your heavy usage, like the dishwasher, washing machine, EV charging or pool pump, into the free window and away from the 4pm to 9pm peak.
The federal Energy Bill Relief credits ended on 31 December 2025, so nothing is applied to your bill automatically anymore.
But Queensland runs its own rebates, and unlike switching, they're available whether you're in South East or regional Queensland.
| Rebate | How much per year | Who it's for |
|---|---|---|
| Electricity Rebate | $386.34 | Holders of a QLD Seniors Card, Pensioner Concession Card, Health Care Card or DVA Gold Card, and asylum seekers |
| Reticulated Natural Gas Rebate | $92.12 | Concession card holders with a mains gas account (Health Care Card excluded) |
| Home Energy Emergency Assistance Scheme | Up to $720 (once every 2 years) | Households in a short-term financial emergency |
| Electricity Life Support Concession | $1,063.30 per oxygen concentrator, $712.07 per kidney dialysis machine | Homes running approved life support equipment |
| Medical Cooling and Heating Concession | $522.09 | People with a medical condition that requires cooling or heating, such as MS |
Most rebates are applied through your energy provider, so the fastest way to get set up is to call them with your concession card details.
If you're in an embedded network, you'll need to apply through the Queensland government instead.
There are a few moments when comparing really pays off:
Despite popular belief, comparing and switching energy plans can take under 10 minutes, as long as the account is in your name.
For electricity, you'll need to be in South East Queensland, while gas can be switched anywhere in the state with a mains connection:
The exception is if you live in an embedded network, which is common in apartment buildings, retirement villages and caravan parks.
In these setups, the building buys electricity in bulk and resells it to residents, so your choice of provider is often limited.
Find out if you're eligible.
Kogan Energy offers energy plans to residents in NSW, VIC, SA and QLD.
Find out if GloBird Energy fits your household bill.
Compare electricity, gas and solar plans from Origin Energy.
Horizon Power is one of Western Australia’s largest providers of energy that specialises in the North West Interconnected System and the rural north of the state.
Synergy is an energy provider in Western Australia that specialises in connecting the South West Interconnected System (SWIS), including Perth and surrounding areas.
EnergyAustralia provides a variety of options for electricity and gas supply to residential and business clients.
Dodo offers electricity in VIC, NSW, QLD and SA, plus gas in VIC and NSW. Find out if its energy plans are worth it.
Ergon Energy creates and provides tailored and variable power supply to around 97% of the state of Queensland.
Alinta Energy's prices fall in the middle of the pack but you do get some extra perks alongside.