Learn how small energy plan tweaks may help reduce costs. Compare providers to find options suited to your household.
Published on 01/07/2025
By Pallav Verma
Energy Comparison
Managing your household energy costs can feel overwhelming, but the truth is that small, thoughtful adjustments to your energy plan and usage can lead to significant savings. By understanding how energy plans work, capitalising on peak and off-peak hours, and adopting cost-saving habits, Australians can cut their bills without compromising comfort.
This guide demystifies energy plans and shares practical, easy-to-implement tips for maximising savings while reducing energy consumption. Whether you're a homeowner or renter, these strategies will help keep your electricity and gas costs in check.
Note: This article contains general information only. It does not consider your personal circumstances. Actual savings may vary based on location, energy usage, tariff type, and available offers. Please review individual plans and consult with providers for details.
Energy plans aren't a "one size fits all." The amount you pay for electricity and gas depends on factors like your provider, plan, and even when you're using energy. Here’s an overview of the most common types of energy plans in Australia:
Flat-rate plans charge a consistent rate for electricity, regardless of the time of day. While they’re simple to understand, the lack of flexibility can mean missing out on savings during off-peak hours.
Time-of-use plans charge different rates depending on the time of day:
These plans reward households that can shift energy usage to off-peak times, making them cost-effective for those with flexible schedules or automated appliances.
Demand tariffs include an additional charge based on your highest energy usage during a short interval, typically 30 minutes within a billing period. While these plans can lead to savings for cautious users, they also hold the potential for "bill shock" during unexpected high usage periods.
Some providers offer green energy plans, which supply electricity sourced from renewable energy like wind or solar. While these plans support sustainability, they may be slightly pricier upfront.
Takeaway? The key to unlocking savings lies in choosing an energy plan that suits your lifestyle and habits. Use a tool like Electricity Provider to compare electricity providers and find the right fit.
Note: Electricity Provider is a commercial comparison platform. Not all retailers or plans in the market are included.
Once you’ve chosen a plan, small, manageable changes can have a big impact on your energy bills. Here are some practical ways to cut costs and improve efficiency:
Heating and cooling account for about 40% of the average Australian household’s energy usage. Here’s how you can reduce the cost:
For households on time-of-use plans, using energy-intensive appliances during off-peak hours can drastically lower costs:
Did you know standby power (from devices plugged in but not in use) can account for up to 10% of your electricity bill? Make it a habit to switch off appliances at the wall, such as:
Pro Tip: Use power strips with on/off switches to make this even easier.
When replacing appliances, look for models with high Energy Star ratings. While they might come with a higher initial price tag, the savings on running costs are worth it. For example:
A simple change to your energy plan can also help you save:
Aside from financial savings, these changes benefit the planet as well:
Even slight behavioural changes, when sustained, contribute to a significant reduction in your household’s carbon footprint.
Smart meters and energy management tools can provide real-time insights into your energy usage. With this data, you can:
Australians can tap into rebates that help lower energy costs and encourage sustainability:
Check with your provider and local government to see which rebates you qualify for.
Note: Rebate availability and eligibility may vary by state and household circumstances.
By now, you’ve seen how simple shifts in energy usage and plan selection may help you find better value based on your household needs. The next step? Finding a plan that fits your household’s unique needs.
Electricity Provider simplifies the process of comparing energy plans. Whether you’re looking to switch providers or maximise savings with an existing plan, our platform does the hard work for you. Electricity Provider is a commercial comparison service. Some retailers may not be included in comparisons.