Your electricity price depends on your state or territory, retailer, tariff type, daily supply charge, usage rate and when you use power. Prices can also change when a fixed-term discount ends or a retailer updates its offer. Compare the estimated annual cost, not just the cents-per-kilowatt-hour rate, and check fees, discounts and contract conditions. Use the Australian Government’s Energy Made Easy website, or Victorian Energy Compare if you live in Victoria, then confirm the offer directly with the retailer before switching.