Electricity Plans in Banoon 4109
What’s the cheapest electricity plan in Banoon?
See business plans in Banoon 4109
The cheapest single-rate plan in Banoon 4109 is HomeDeal Flow - Demand Single Rate + CL from Alinta Energy at $1,429/yr, and the cheapest time-of-use plan is 1st Emerald - Time of Use from 1st Energy at $1,234/yr, as of 5 November 2026. 1340 residential plans are compared below.
Cheapest single-rate plan
This is a generic annual assessment only, and assumes:
That is the generic ‘best-priced’ plan answer. The actual best-priced plan for you may well be different.
Cheapest time-of-use plan
This is a generic annual assessment only, and assumes:
That is the generic ‘best-priced’ plan answer. The actual best-priced plan for you may well be different.
This cost assumes the default usage split across peak, off-peak, and shoulder periods. Your actual time-of-use bill depends on when you use power.
But you’re not average, are you?
There are 2,210 electricity plans available in Banoon, Queensland, and only one of them is the best-priced for you.
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Review all electricity plans in Banoon
Compare 2210 electricity plans available in Banoon, Queensland — 1340 residential (ranked above) and 870 business. Distribution network: Energex. Plans requiring solar panels, batteries, or EV chargers are excluded from this generic comparison.
Price history
How have electricity prices changed in Banoon?
At 4,745 kWh a year, the cheapest plan in Banoon costs $1,460/yr today, down from a peak of $1,824/yr in Aug 25. The market average is $1,929/yr.
Prices shown are quarterly estimates based on 13 kWh/day usage under Single Rate tariffs. Includes all available discounts and GST. Excludes once-off fees and charges. Data from grouply.co CDR pipeline.
Bill breakdown
Where does an electricity bill in Banoon go?
The DMO reference price assuming consumption of 4,600 kWh per year is $1,988 per year. 33%, or $664 of that, is the Energexdistribution network charge, which pays for the ‘poles and wires’ and other physical infrastructure that delivers power to your home. This charge remains the same no matter which retailer you buy your energy through.
The Energex residential single-rate distribution tariff (NTC 8400) is 69.40c a day plus 8.92c/kWh. The cheapest plan listed on this page charges 22.26c/kWh, so 13.34c/kWh of that rate covers energy and retail.
Distribution charges are the published residential single-rate tariff from the Australian Energy Regulator’s network tariff schedules. Customers on a time-of-use or demand distribution tariff pay a different network amount.
Offers vs the reference price
How many electricity offers in Banoon beat the reference price?
90% of the 1,366 market offers available in Banoon (1,228 of 1,366) are at or below the DMO of $1,988/yr at 4,600 kWh a year.
Default Offer prices tend to get the most media coverage, because they are the most simple and visible part of the retailer energy pricing confusopoly. However, most energy consumers are on Market Offers, which start off cheaper than Default Offers — you want a plan that’s right over to the left side of this chart. Inevitably, over time, if you don’t monitor your bills and don’t switch to stay on a competitively priced plan, your plan will drift toward the right, and could wind up costing even more than the ‘safety net’ Default Offer price.
Number of plans by annual cost, $100 bands, at 4,600 kWh/yr.
Reference price: Default Market Offer 2026-27 (DMO 8) (Australian Energy Regulator). Each offer is compared at the reference consumption its own network uses, so both sides of the comparison describe the same household.
By household size
Average electricity bill in Banoon by household size
In Banoon 4109, estimated annual costs by household size are 1 person (3,000 kWh a year): $691/yr cheapest, $1,302/yr average; 2 people (4,000 kWh a year): $785/yr cheapest, $1,546/yr average; 3 people (5,000 kWh a year): $880/yr cheapest, $1,790/yr average; 4 or more people (8,000 kWh a year): $1,163/yr cheapest, $2,522/yr average.
Usage bands are indicative household sizes, not a measurement of any particular home. Costs are the plans’ own published annual estimates at each usage.
You’re not average, are you?
These prices are based on average consumption benchmarks.
Your actual consumption will be higher or lower than that, which influences what the best-priced plan for you is. The only way to find out for real is to do a proper bill analysis based on your actual consumption.
Upload your bill now for a quick and free one-time assessment, or subscribe, and Bill Hero will automatically analyse and compare every bill for you for a full year and help you switch whenever you can save.
All plans
Compare every electricity plan in BANOON
Annual cost at 4,000 kWh/yr with the default load curve. Cheapest first. Showing 8 of 1340 plans.
FAQ
Frequently asked questions
What is the cheapest electricity plan in Banoon 4109?
Which electricity distributor serves Banoon 4109?
How do I switch electricity retailers in Banoon?
How many electricity plans are available in Banoon 4109?
How often are electricity prices updated?
How many electricity offers in Banoon are cheaper than the regulated reference price?
How much of an electricity bill in Banoon is network charges?
What is the average electricity bill in Banoon by household size?
How have electricity prices changed in Banoon?
Methodology and data
Plan rates and annual cost estimates are read from the Consumer Data Right (CDR) energy plan register, which every retailer is required to publish, and refreshed daily. This page lists 1,366 residential electricity offers serving Banoon 4109; last refreshed 5 November 2026.
Reference prices are the published regulated benchmarks for each distribution network, set by Australian Energy Regulator. Each offer is compared with its own network’s reference price at that network’s reference consumption. Networks with no published reference price carry no percentage comparison on this page rather than a substituted figure.
Bill Hero takes no commission, no referral fee and no placement payment from any retailer. Plans are ranked only by estimated annual cost, so the ordering on this page cannot be bought.
Source: Consumer Data Right (CDR) Energy Plan Data · Full methodology