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Prices
Australian Electricity Prices: What's Happening in 2026
Prices are finally falling for some Australians after years of increases — but not everyone will benefit. Here's the full picture by state.
View live wholesale prices →Stats updated: 2026-09-06
AUD $1,424/year
National Average Annual Bill
7-state average (2026)
5% (AUD $84/year)
VIC Household Bill Reduction
VDO FY2026-27 average
-3.4% to -5.0%
NSW Residential DMO Change
FY2026-27 flat rate
+1.4% (AUD $33/year)
SA Residential DMO Change
FY2026-27 flat rate
Are electricity prices going up or down in my state for 2026-27?
For the 2026-27 financial year, electricity prices on the Default Market Offer (DMO) have seen varied changes across the National Electricity Market. Households in New South Wales can expect a decrease of between 3.4% and 5.0% on flat rate standing offers, while South East Queensland residential customers will see a 7.2% reduction. Conversely, South Australian households on flat rate standing offers will experience a modest increase of 1.4%, equating to approximately AUD $33 per year. In Victoria, the Essential Services Commission's final determination for the Victorian Default Offer (VDO) 2026-27 has resulted in an average 5% reduction for households, cutting around AUD $84 off annual bills, and a 6% reduction for small businesses.
What government rebates and concessions are available to reduce my energy bill in 2026?
Australian households can access various state-specific rebates and concessions for the 2026-27 financial year. In Queensland, eligible pensioners, veterans, and seniors can receive an Electricity Rebate of AUD $399.47 per year. Victorian concession card holders are entitled to an ongoing annual electricity rebate of approximately AUD $174. The ACT offers a substantial Electricity, Gas and Water Rebate of AUD $800 annually for eligible residents. In NSW, self-funded retirees holding a Commonwealth Seniors Health Card can claim a Seniors Energy Rebate of AUD $200 per year. South Australian concession holders can receive an energy concession of up to AUD $291.27 per year and may access the SA Concessions Energy Discount Offer with Origin Energy, providing 20% off electricity usage and supply charges.
How can I actively reduce my electricity bill right now?
Beyond government rebates, Australians can significantly reduce their electricity bills by comparing market offers and investing in energy-efficient upgrades. The Australian Energy Regulator (AER) and Essential Services Commission (ESC) encourage consumers to compare plans, as many households on standing offers could be overpaying. From 1 July 2026, a new Solar Sharer Offer is available in DMO regions, providing 3 hours of free power in the middle of the day for smart meter households, encouraging energy use during peak solar generation. Additionally, federal and state programs support solar and battery installations; for example, the federal Cheaper Home Batteries Program offers roughly 30% off the installed cost (around AUD $252 per usable kWh from May 2026), and Victoria's Solar Homes program provides rebates up to AUD $1,400 for solar panels.
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Australia's energy regulators have released draft Default Market Offer prices for 2026-27, signalling potential electricity bill reductions for households and small businesses across NSW, QLD, and SA from July 1. Learn what the proposed changes mean for your annual costs and the new Solar Sharer Offer.
Are Australian Electricity Bills Set to Fall in 2026? AER Draft Reveals Potential Reductions & New Solar Offer
The Australian Energy Regulator's draft Default Market Offer for 2026-27 signals potential electricity bill reductions for NSW, SA, and SE QLD, alongside a new Solar Sharer Offer.
Are Australian Electricity Bills Falling in 2026? New Data Points to Regional Shifts
AEMO's Q1 2026 report reveals falling wholesale electricity prices across the NEM, influencing draft Default Market Offers for 2026-27. Understand regional bill changes and the impact of federal rebate cessation.
Are Wholesale Electricity Prices Falling in Australia? AEMO Q1 2026 Report Reveals Key Trends
Australia's wholesale electricity prices dropped 12% in Q1 2026, driven by record renewable generation and battery storage, AEMO reports. What this means for your energy bills.
Could Your 2026 Electricity Bill Fall by $740? AEMC Unveils Network Reform Plan
New AEMC modelling reveals network pricing reforms could save Australian households up to $740 annually on electricity bills by 2040, impacting solar and battery economics.
Will Your Electricity Bill Fall in 2026? Regulators Detail Approved & Draft Cuts
Australia's energy regulators have released updated price determinations for 2026-27, with SA Power Networks seeing approved cuts. Learn what this means for your bill.
Australian Electricity Bills: Is July 2026 Relief Still on Track Amid April Market Volatility?
Despite AER's draft DMO proposing electricity price cuts for July 2026, April's global fuel price surges are casting doubt on anticipated relief for Australian households and businesses.
Are Australian Electricity Bill Cuts for 2026-27 Now at Risk? Global Volatility Clouds DMO Outlook
Recent global energy market volatility, including surging fuel prices, is casting doubt on the Australian Energy Regulator's (AER) proposed electricity bill reductions under the 2026-27 Default Market Offer for NSW, QLD, and SA. Daily Energy News reports on the potential impact for Australian households and small businesses.
Regional Queensland Electricity Bills 2026: QCA Draft Proposes Targeted Price Shifts
Regional Queensland small businesses could see electricity bills fall by over $290 in 2026, while larger businesses face increases, under a new QCA draft. Daily Energy News reports on the proposed changes.
Victorian Households to Save Up to $1,500 on Insulation as New VEU Discount Rolls Out in 2026
Victorian households can expect up to $1,500 off ceiling insulation costs as the VEU program expands in 2026. Learn when you can access this significant energy-saving discount to cut bills.
Will a 25% Gas Export Tax Finally Cut Australian Energy Bills in 2026?
A snap Senate inquiry reignites debate over a 25% gas export tax, with proponents arguing it could significantly reduce Australian domestic energy prices and raise billions annually. Learn what's at stake for consumers and the economy.
Could Australian Electricity Bills Fall by $740 Annually by 2040? New Modelling Revealed
New modelling from the AEMC suggests reforms to electricity network pricing could save Australian households up to $740 annually by 2040, delivering $6 billion in system-wide savings.
New Automatic Centrelink Energy Rebates 2026: What They Mean for Your Bills
Eligible Australian households will see automatic Centrelink energy rebates in 2026. Discover how these expanded discounts will impact your electricity bills.
Why Did Your Electricity Bill Jump 37%? Australia's 2026 Energy Crisis Explained
Australian electricity bills surged 37% in February 2026 after federal energy rebates ended. Find out what's driving prices higher and what help is still available.
Why Did Australian Electricity Bills Jump 37% in 2026? The Real Cost
Australian electricity bills rose 37% to February 2026 after government energy rebates ended. Find out what's driving costs and what help remains available.
Your Electricity Bill Is About to Change: What the AER's Draft 2026 Prices Mean
Australian electricity bills could drop up to 10% from July 2026 under AER's draft Default Market Offer, but the federal energy rebate jump has already hit.
Will Your Electricity Bill Go Down in 2026? Draft Prices Revealed
Electricity prices are set to fall for many in NSW, QLD, and SA from July 2026. See the draft Default Market Offer changes and what they mean for your bill.
Aussie Electricity Bills Tipped to Fall By Up to 10% in Draft Ruling
The Australian Energy Regulator's draft Default Market Offer for 2026-27 flags potential electricity bill reductions of up to 10% for households in NSW, SA & SE QLD.
Energy Bill Shock for Australians as $300 Relief Ends This April
Millions of Australian households face higher energy bills from April 1, 2026, as the Federal Government's $300 Energy Bill Relief Fund payments officially end.