Electricity Plans in Essendon 3040
What’s the cheapest electricity plan in Essendon?
Cheapest plan, on average
The cheapest electricity plan currently available in Essendon 3040, assuming generic and average household usage and eligibility, is Everyday Easy at $984/yr from Tango Energy, as of 4 November 2026. 195 residential plans are compared below.
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.
But you’re not average, are you?
There are 401 electricity plans available in Essendon, Victoria, and only one of them is the best-priced for you.
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Review all electricity plans in Essendon
Compare 401 electricity plans available in Essendon, Victoria — 195 residential (ranked above) and 206 business. Distribution network: Jemena. Plans requiring solar panels, batteries, or EV chargers are excluded from this generic comparison.
Price history
How have electricity prices changed in Essendon?
At 4,745 kWh a year, the cheapest plan in Essendon costs $1,253/yr today, down from a peak of $1,415/yr in Aug 25. The market average is $1,587/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 Essendon go?
The VDO reference price assuming consumption of 4,000 kWh per year is $1,638 per year. 31%, or $507 of that, is the Jemenadistribution 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 Jemena residential single-rate distribution tariff (A100) is 30.45c a day plus 9.89c/kWh. The cheapest plan listed on this page charges 33.00c/kWh, so 23.11c/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 Essendon beat the reference price?
91% of the 219 market offers available in Essendon (200 of 219) are at or below the VDO of $1,638/yr at 4,000 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 4,000 kWh/yr.
Reference price: Victorian Default Offer 2025-26 (Essential Services Commission Victoria). 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 Essendon by household size
In Essendon 3040, estimated annual costs by household size are 1 person (3,000 kWh a year): $777/yr cheapest, $1,139/yr average; 2 people (4,000 kWh a year): $937/yr cheapest, $1,380/yr average; 3 people (5,000 kWh a year): $1,097/yr cheapest, $1,620/yr average; 4 or more people (8,000 kWh a year): $1,577/yr cheapest, $2,342/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 ESSENDON
Annual cost at 4,000 kWh/yr with the default load curve. Cheapest first. Showing 8 of 195 plans.
FAQ
Frequently asked questions
What is the cheapest electricity plan in Essendon 3040?
Which electricity distributor serves Essendon 3040?
How do I switch electricity retailers in Essendon?
How many electricity plans are available in Essendon 3040?
How often are electricity prices updated?
How many electricity offers in Essendon are cheaper than the regulated reference price?
How much of an electricity bill in Essendon is network charges?
What is the average electricity bill in Essendon by household size?
How have electricity prices changed in Essendon?
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 219 residential electricity offers serving Essendon 3040; last refreshed 4 November 2026.
Reference prices are the published regulated benchmarks for each distribution network, set by Essential Services Commission Victoria. 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