Electricity prices in Victoria2026–27

Victorian Default Offer (ESC) · effective 1 July 2026

27.5c /kWh usage + 127.1c/day supply (Jemena)

Average bill: $1,794$1,859/year for a 2–3 person household (derived estimate — AER benchmark usage × the Jemena rate). Rates moved -4.6% at 1 July 2026.

Source: ESC Victorian Default Offer 2026–27

Victoria residential reference rates by distribution zone, 2026–27 (GST incl.)
ZoneCoversUsage c/kWhSupply c/dayTypical annual
CitiPowerMelbourne CBD & inner suburbs26.0c121.1c$1,481*
PowercorWestern Melbourne & western Victoria28.2c138.1c$1,633*
United EnergySouth-east Melbourne & the Mornington Peninsula27.4c119.1c$1,529*
JemenaNorth-west Melbourne27.5c127.1c$1,563*
AusNet ServicesEastern & north-eastern Victoria32.0c128.2c$1,747*

* Derived estimate — published rates × 4,000 kWh/year; the regulator publishes rates, not an annual figure.

Electricity bill estimator

Jemena

A 2-person household uses roughly 4,000–5,500 kWh a year.

$1,563 per year ≈ $391/quarter
Supply charge (127.1c/day × 365)
$464.02
Usage (27.5c/kWh × 4,000 kWh)
$1,098.80

Rates: ESC Victorian Default Offer 2026–27, effective 1 July 2026 (GST inclusive). This is the government reference/standing rate for North-west Melbourne — market offers can sit below it. Full Jemena price breakdown →

Everything VIC on one page

Frequently asked questions

Who sets electricity prices in VIC?
Victorian Default Offer (ESC) sets the reference/standing rates shown here (ESC Victorian Default Offer 2026–27). Retail market offers price against that benchmark — they can be cheaper, and the reference figure is what your plan should beat.
What does electricity cost per kWh in VIC?
It depends on your distribution zone — usage rates run from 26.0c to 32.0c/kWh across VIC's 5 networks (table above).
When do these prices change?
Every 1 July. The current rates apply 1 July 202630 June 2027; this page re-verifies against each new determination.

Related

Sources — figures current as at 17 July 2026.

Average-bill figures are derived estimates (benchmark kWh × the Jemena reference rate) — labelled, never presented as a survey.