Electricity prices in the CitiPower area

CitiPower looks after the poles and wires in Melbourne's CBD and inner suburbs. Here's what a household pays for a year there: the Victorian Default Offer, and every single-rate plan retailers publish, all priced at the same 4,000 kWh.

The default offer

$1,481

A year, for 4,000 kWh, from 1 July 2026. That's $65 less than last year. It's the most a retailer can charge you on a standing offer.

A typical plan

$1,377

That's $104 a year less than the default offer. 76% of 107 plans from 23 retailers cost less than the default offer. The lowest is $1,123.

What every plan costs

Same usage, same area, from $1,123 to $2,011 a year. That's a gap of $888 for the same electricity.

$1,081 to $1,1805 plans

$1,181 to $1,28018 plans

$1,281 to $1,38039 plans

$1,381 to $1,48036 plans

$1,481 to $1,5802 plans

$1,581 to $1,6801 plan

$1,681 to $1,7805 plans

$1,781 to $1,8800 plans

$1,881 to $1,9800 plans

$1,981 to $2,0801 plan

Coloured bars are plans that cost less than the default offer of $1,481. 7 plans also offer a discount if you pay on time or by direct debit. We haven't counted it, so they could cost less.

Never switched? Check your plan

If you moved in and never picked a plan, or haven't changed in years, you may be on a standing offer. A typical standing offer here costs $1,481 a year. Moving to a typical market plan would save about $104 a year, and up to $358 on the lowest-priced plan.

Look at your bill. It must say how your price compares with the VDO: for example, "5% less than the reference price". Higher than the default offer means you could do better.
Compare for free on Victorian Energy Compare. It's the government's own site, with no commissions. Have your bill handy so it can use your real usage.
Check again each July. That's when the default offer and most prices change.

Look further

Plans priced at 4,000 kWh a year, including GST and guaranteed discounts, not conditional ones. The main figures are single-rate plans. Plans with demand charges aren't priced. Plans as at 16 October 2026. General information, not advice.

Sources: Victorian Default Offer 2026–27: Essential Services Commission, CC BY 4.0; Plans: each retailer's Energy Product Reference Data (Consumer Data Right), via the AER.