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Electricity · default offers 2026-27 · in effect 1 July 2026

The 1 July electricity price reset: default offers for 2026-27

From 1 July 2026 to 30 June 2027 the regulators' default offers put a household's electricity bill between $1,481 (CitiPower) and $2,604 (Essential Energy) a year at each network's benchmark usage; today's cheapest published plan is below it on 10 of 10 networks, by most on Endeavour Energy ($900 a year).

Default Market Offer: NSW, South East Queensland, South Australia

Set by the Australian Energy Regulator for households on standing offers, and the price every market offer is compared against. Flat rate, GST included, at the AER's benchmark usage for each network. Draft 19 March 2026, final 26 May 2026.

NetworkDefault Market Offer 2026-27ChangeToday's cheapest at the same usageGap a yearGo
Ausgrid NSW$1,899 at 3,900 kWh-$66 (-3.4%)Tango Energy Everyday Easy $1,014 of 292 plans, read 2026-11-08$885 underGo to Tango Energy
Endeavour Energy NSW$2,328 at 4,900 kWh-$83 (-3.4%)Dodo Solar Sharer Offer $1,428 of 341 plans, read 2026-11-08$900 underGo to Dodo
Essential Energy NSW$2,604 at 4,600 kWh-$137 (-5%)Tango Energy Everyday Easy $1,868 of 372 plans, read 2026-11-06$736 underGo to Tango Energy
Energex QLD$1,988 at 4,600 kWh-$155 (-7.2%)AGL Residential Three for Free $1,210 of 334 plans, read 2026-11-08$778 underGo to AGL
SA Power Networks SA$2,334 at 4,000 kWh+$33 (+1.4%)iO Energy Sustainable Home (Electrify) $1,552 of 241 plans, read 2026-11-08$782 underGo to iO Energy

Source: AER, Default market offer prices 2026-27: Final determination, Tables 2.1 and 2.2, published 2026-05-26, read 2026-11-06. Change is against 2025-26, nominal, as the AER prints it. Time-of-use figures and small business prices are in the same tables; small business at 10,000 kWh: Ausgrid $4,523, Endeavour Energy $4,343, Essential Energy $5,517, Energex $3,849, SA Power Networks $5,162.

Victorian Default Offer

Set by the Essential Services Commission. Flat tariff, GST included, at 4,000 kWh a year for a household. Draft 12 March 2026, final 20 May 2026. Victorian average $1,591, -$84 (-5%).

NetworkVictorian Default Offer 2026-27ChangeToday's cheapest at the same usageGap a yearGo
AusNet Services VIC$1,748 at 4,000 kWh-$160 (-8%)Dodo Power & Gas Real Deal - Time of Use $1,158 of 326 plans, read 2026-11-08$590 underGo to Dodo Power & Gas
CitiPower VIC$1,481 at 4,000 kWh-$65 (-4%)GloBird Energy GloBird FULLHOUSE Residential (Flat Rate With Controlled Load)-Citipower $1,010 of 322 plans, read 2026-11-08$471 underGo to GloBird Energy
Jemena VIC$1,563 at 4,000 kWh-$75 (-4%)1st Energy 1st Emerald, Residential - Time of Use $1,047 of 322 plans, read 2026-11-08$516 underGo to 1st Energy
Powercor VIC$1,633 at 4,000 kWh-$70 (-4%)1st Energy 1st Emerald, Residential - Time of Use $1,121 of 323 plans, read 2026-11-08$512 underGo to 1st Energy
United Energy VIC$1,529 at 4,000 kWh-$50 (-3%)GloBird Energy GloBird FULLHOUSE Residential (Flat Rate With Controlled Load)-United Energy $1,020 of 322 plans, read 2026-11-08$509 underGo to GloBird Energy

Source: Essential Services Commission, Regulator reduces Victorian default electricity prices (media release), published 2026-05-25, read 2026-11-06; dates from the ESC's 2026-27 review page. Small business at 10,000 kWh: AusNet Services $3,896, CitiPower $3,033, Jemena $3,488, Powercor $3,357, United Energy $3,124.

Today's cheapest is the lowest estimated bill among the plans retailers publish to the regulator's feed for the network, at the same usage as the default offer, with conditional discounts excluded and GST as published; the retailer's quote for your address is the price. The cheapest can be a time-of-use plan, which costs more if most of your power is used in the evening peak; the default offer here is the flat rate. Gap is the default offer less twelve months of that estimate.

The next cycle: 2027-28

Default offers for 2027-28 are not set yet. The dates below are the regulators' own, or the 2026-27 cycle's carried forward where marked expected.

2027-28 default offers: not announced yet

Expected in final form in May 2027, for 1 July 2027. Last cycle: AER final 26 May 2026, ESC final 20 May 2026.

WhenWhatBasis
1 December 2026AER final DMO guidelines (they shape the 2027-28 determination)The AER: "We must publish the final DMO guidelines by 1 December 2026." Source
March 2027 · expectedAER draft Default Market Offer for 2027-28Carried from the last cycle: the 2026-27 draft determination was published 19 March 2026. Source
March 2027 · expectedESC draft Victorian Default Offer for 2027-28Carried from the last cycle: the 2026-27 draft decision was published 12 March 2026. Source
May 2027 · expectedESC final Victorian Default Offer for 2027-28Carried from the last cycle: the 2026-27 final decision was published 20 May 2026. Source
May 2027 · expectedAER final Default Market Offer for 2027-28Carried from the last cycle: the 2026-27 final determination was published 26 May 2026. Source
1 July 2027Default Market Offer and Victorian Default Offer 2027-28 take effectEach determination applies from 1 July to 30 June. Source
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General information only, not advice. OpenStream sells nothing and is not an agent of any provider. Nothing here is a recommendation. Everything on this page is built from public sources - regulators, government bodies and the providers' own published material - each named and dated where it is used, so you can check it yourself. It does not take account of your circumstances. How OpenStream works · Corrections and complaints

Open pricing means Australians can be better informed, and save more.

Most comparison sites show a fraction of the market: the retailers that pay to be listed. OpenStream prices every plan every retailer publishes to the Australian Energy Regulator and Victorian Energy Compare, 9,624 published offers priced from 40 retailers in the regulator's listings, re-read nightly. Nothing is promoted, every plan links to the regulator's record, and the whole dataset is free to download.

  • 40
    retailers in the regulator's listings
  • 9,624
    published offers priced
  • 0
    promoted rows
  • 100%
    of prices cite their source