Internest/energy·saver

energy·saver by Internest

Compare Electricity Plans in QLD — 2026

Queensland's electricity market covers South East QLD, where competition between retailers keeps prices in check. The 2026 Default Market Offer (DMO) from the AER sets the price ceiling for standing offers. QLD's high solar penetration means many households can unlock even bigger savings by pairing competitive plans with feed-in tariff credits.

Compare Plans in QLD →
✓ Zero Commissions✓ 35+ Retailers Compared✓ Zero Sales Calls

Cheapest Electricity Plans in QLD

Top 5 plans by estimated annual cost, compared against the 2026 DMO. Based on typical household usage.

RetailerPlanAnnual Costvs DMO
GlobirdWHOLESAVE Residential (Two Rate)-Energex$1,49829% below the reference price
Energy LocalsLocal Member$1,53122% below the reference price
Energy LocalsOnline Member$1,53122% below the reference price
Energy LocalsLocal Member$1,55421% below the reference price
Energy LocalsOnline Member$1,55421% below the reference price

Costs are estimates based on typical household usage for Queensland. Actual costs depend on your postcode, distributor, and consumption pattern. DMO reference price set by the Australian Energy Regulator (AER).

What is the DMO?

The Default Market Offer (DMO) is set annually by the Australian Energy Regulator (AER). It represents the maximum price a retailer can charge on their standing offer. When we show a plan as "X% below the DMO", that means its estimated annual cost is X% cheaper than this reference price — helping you quickly identify genuine savings.

Frequently Asked Questions

Common questions about electricity plans in Queensland

The DMO is the maximum price retailers can charge on standing electricity offers in South East Queensland. Set annually by the AER, it provides a price benchmark. Plans listed as a percentage below the DMO are cheaper than this reference price.

Enter your postcode and estimated annual usage (in kWh) on our comparison page. We'll show you every available plan from all retailers, ranked by estimated annual cost — with no commissions and no sales calls.

Once you find a cheaper plan, contact the new retailer directly or sign up on their website. Your new provider handles the switch — there's no interruption to your supply, and you don't need to contact your old retailer.

Yes — if you have solar panels, your retailer pays you a feed-in tariff (FiT) for electricity you export to the grid. FiT rates vary by retailer, so it's worth comparing plans based on both your usage charges and your expected solar credit.

Ready to find a cheaper plan?

Enter your Queensland postcode to compare every available plan — ranked by annual cost, with zero commissions and zero sales calls.

Compare QLD Plans Now →