Households and small businesses across Australia are set to receive welcome relief on their electricity bills, with new default price determinations delivering significant savings in New South Wales, Queensland and Victoria though South Australia will see a slight increase for residential customers.
In NSW, residents will see average reductions of $66 to $137, while Queensland households are set for a $155 drop. South Australians, however, will face an average $33 increase under the new settings. Despite that rise, small businesses in all three states will benefit from substantial discounts: 9 to 11.3 per cent off in NSW (equivalent to $432–$705), 10.4 per cent in south‑east Queensland (around $445), and 6.8 per cent in South Australia (about $379).
Victoria also delivered positive news, confirming that flat‑rate electricity plans will fall by 3 to 8 per cent, saving the typical household $50 to $160 a year. The average Victorian saving is expected to be around 5 per cent, or $84.
Energy experts, however, are urging consumers not to become complacent. Default market offers are designed as a “safeguard price”, not necessarily the cheapest option available. iSelect comparison expert Sophie Ryan encouraged households to use the price cuts as motivation to reassess their plans, warning that failing to shop around could be “costing Aussies dearly.”
Ryan also highlighted a major upcoming change: from 1 July 2026, the new Solar Sharer Offer will give smart‑meter households three hours of free electricity in the middle of the day. By shifting high‑usage activities such as EV charging, laundry or air‑conditioning into these off‑peak solar hours, households could slash their bills even further.
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