Electricity prices in New South Wales are always shifting — and without realising it, many households are paying far more than they should. With the average NSW home using around 5,237 kWh of electricity per year and facing typical annual costs between $1,500 and $1,900, finding the cheapest electricity plan in 2025 can deliver major savings.

Our comparison guide uses real-time data from the government-regulated Energy Made Easy and Victoria Energy Compare APIs, ensuring you see the most accurate, up-to-date electricity prices available. Plans are sorted by estimated annual cost for typical usage, factoring in supply charges, usage rates, and solar feed-in tariffs — making it easier than ever to compare, switch, and save with confidence.

Want to compare electricity plans across Australia? See all states compared here.

Cheapest Electricity Plans in NSW

Key Factors to Compare Electricity Plans in NSW

When choosing the best electricity plan in New South Wales, it’s important to look beyond just the cheapest headline rate. Here are the key features to consider when comparing providers:

• Daily Supply Charges:
  Every plan includes a fixed daily fee just to stay connected to the grid. Lower supply charges can significantly reduce your overall electricity bill, especially if you use less power.
• Usage Rates (c/kWh):
  Your usage rate is what you pay for each unit of electricity you consume. If you’re on a time-of-use tariff, check the peak, shoulder, and off-peak pricing carefully to match your energy habits.
• Solar Feed-in Tariffs (FiTs):
  If you have solar panels, a higher feed-in tariff means more savings when you export excess energy back to the grid. Compare FiT rates between providers if you’re solar-powered.
• Discounts & Promotions:
  Some plans offer pay-on-time discounts, direct debit incentives, or signup bonuses. Always read the fine print — genuine discounts should reduce your bill without hidden catches.
• Contract Terms & Exit Fees:
  Flexibility matters. Look for no-lock-in contracts or short-term agreements, and avoid plans that charge high early exit fees if you want to switch later.
• Billing Options & Hidden Fees:
  Check for extra costs like paper bill fees, payment processing fees, or late payment penalties. These small charges can add up over time and inflate your true electricity costs.
• Green Energy Options:
  Many electricity providers now offer 100% renewable energy plans or GreenPower accredited options. If sustainability is a priority, compare providers that support cleaner energy sources.

Government Energy Rebates & Incentives for NSW (2025)

Reducing your electricity bill isn’t just about choosing the cheapest plan — New South Wales households can also take advantage of government rebates and energy assistance programs available in 2025. Here’s a breakdown of the key rebates that could help lower your power costs even further:

• $300 Federal Energy Relief Credit:
  Every residential electricity account automatically receives a $300 rebate across 2025, applied as a quarterly bill credit.
• NSW Low Income Household Rebate:
  Eligible households with concession cards can access an additional $350 per year to help with ongoing electricity costs.
• Medical Energy Rebate:
  Households with eligible medical conditions requiring energy-intensive equipment may receive up to $400 per year in extra bill support.
• Family Energy Rebate:
  Families already receiving the Family Tax Benefit can apply for an additional $180–$223 per year to offset electricity expenses.
• Energy Affordability Grants:
  NSW also offers assistance through energy efficiency upgrades, with programs supporting appliance upgrades, home insulation improvements, and solar installations for eligible low-income households.

Important Notes On Rebates & Incentives for 2025

• Most rebates require holding a valid Pensioner Concession Card, Health Care Card, DVA Gold Card, or proof of medical necessity.
• Applications for specific rebates (Low Income, Medical, Family) must usually be submitted annually.
• Solar and appliance upgrade grants may be income-tested — always check eligibility before applying.
• Rebates are in addition to any electricity discounts you secure through plan switching.

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James Shand

Marketing Manager at Solar Choice

With half a decade experience in the solar energy industry, specialising in business strategy and marketing for solar companies. He has worked with top solar distributors in Canada and now collaborates with solar manufacturers and installers across Australia via Solar Choice, Australia's leading solar comparison platform. With degrees in business technology, science, and marketing, James combines in-depth market insights with technical knowledge, positioning him as a trusted authority in renewable energy.

Latest posts by James Shand (see all)

• Compare Electricity Prices, Providers & Cheapest Plans in Australia (2025) - 29 April, 2025
• Compare Electricity Prices, Cheapest Plans & Best Rates in NSW (2025) - 29 April, 2025
• Compare Electricity Prices, Cheapest Plans & Best Rates in QLD (2025) - 29 April, 2025