Tasmania Energy Prices

Here's the complete picture for Tasmania — and it has some genuinely good news compared to the rest of the country.

Tasmania's unique advantage: the cheapest regulated prices in the NEM

The independent Tasmanian Economic Regulator sets maximum prices annually for Aurora Energy's standing offer rates. The standing offer prices for 2025–26 increased by an average of just 2.06%, primarily driven by an uplift in network prices, offset by a reduction in regulated wholesale and renewable energy costs. Move Me In

Average electricity rates in Tasmania are currently around 26.2c/kWh with an average daily supply charge of 98c, and average annual bills of approximately $1,340 — making Tasmania one of the most affordable states in the country for electricity, a distinction it has held for several years running. WATTever

The benchmark here is Aurora Energy's regulated standing offer, set annually by the Tasmanian Economic Regulator. Unlike other states, there is no separate "Default Market Offer" — Aurora's standing offer IS the safety net price, and market offers from competing retailers are compared against it.

Who are the cheapest retailers right now?

The cheapest electricity provider in Tasmania as of March 2026 is Energy Locals, with all three of its plans offering rates cheaper than other providers. Synergy

Major retailers serving the TasNetworks network include 1st Energy, Aurora Energy, Nectr, Energy Locals, Solstice Energy (formerly TasGas), and Tas Gas. WATTever

Households on a flat rate tariff with average energy use in Tasmania could save $324 a year by switching from the regulated standing offer to the cheapest available market deal, according to the AER's December 2025 Market Report. That's meaningful savings, even in a state with already lower-than-average prices. Money.com.au

The average usage rate across flat-rate plans in Tasmania is around 27.88c/kWh, with average supply charges around 134.86c/day. Synergy

Tasmania's tariff options

Tasmanian electricity tariffs include: a residential flat rate (one rate regardless of time of use); a peak and off-peak tariff (time-of-use, cheaper overnight and on weekends); an off-peak night-only option for appliances like hot water systems; controlled load for separate meters; and solar feed-in tariffs for households exporting to the grid. WATTever

One important recent change: Tariffs 31, 41, 61 and 22 are now obsolete. Customers already on these tariffs can retain them, but they are no longer available for any new connections from 1 July 2024, and customers on Tariff 93 or 94 cannot change back to these obsolete options. A newer time-of-use Tariff 93 with peak, off-peak, and super off-peak periods is now available, which may be best suited to customers with an electric vehicle and/or a household battery. EnergyplansEnergyplans

King Island and Flinders Island: different rules

Electricity generation and distribution on King Island and Flinders Island are managed by Hydro Tasmania, with retail services provided by Momentum Energy (a Hydro Tasmania subsidiary). There is no mains gas available on these islands, and unlike mainland Tasmania, only one general usage tariff (Tariff 51) is available — which means all electricity use is charged at a single higher general usage rate. Finder

Solar feed-in tariffs in Tasmania

Aurora Energy's Solar Feed-in Tariff rate decreased to 8.782c/kWh for 2025–26, with the reduction primarily due to lower wholesale energy prices. Some retailers may offer higher market-based feed-in tariffs, so if you have solar panels it's worth comparing feed-in rates alongside usage rates when choosing a retailer. Move Me InEnergyAustralia

How to compare — step by step

1. Go to Energy Made Easy (energymadeeasy.gov.au) — the federal government's free comparison tool covers Tasmania. Enter your bill details, postcode, and usage to see all available plans ranked by annual cost. ACT Revenue Office
2. Compare by estimated annual cost, not just usage rate. Supply charges and any conditional discounts all affect what you actually pay.
3. Check the standing offer as your benchmark. Every market offer plan must show how it compares to Aurora's regulated standing offer rate.
4. Watch for conditional vs guaranteed discounts. Pay-on-time discounts vanish if you miss a payment — always look at the unconditional rate first.
5. Read the Basic Plan Information Document (BPID). Check exit fees and contract terms before signing up. Switching is free and supply is never interrupted.
6. If you have solar, compare feed-in tariffs. The regulated minimum is 8.78c/kWh but some market retailers may offer more — worth checking.
7. Review every 12 months, particularly before July 1 when standing offer prices reset.

Rebates and concessions in Tasmania

Tasmania has a solid set of supports for eligible households:

1. Federal Energy Bill Relief: All Tasmanian residential households receive two payments of $75 (totalling $150) over 2025–26, applied automatically to bills — no action required. GoSwitch
2. Annual Electricity Concession: Provides eligible customers with a daily discount of 176.866 cents per day, administered by Aurora Energy on behalf of the Tasmanian Government. Eligible customers must hold a Pensioner Concession Card (Services Australia or Veterans Affairs) or a Health Care Card. Note that Seniors' cards are not eligible. This works out to roughly $513–$645/year depending on the billing period, making it one of the more generous daily-rate concessions in the country. Red Energy
3. The Annual Electricity Concession can be claimed alongside the Heating Allowance for eligible pensioners — so you can receive both if you qualify for each. EnergyAustralia
4. Tasmanian Energy Hardship Program (THAP): Available to any household struggling to pay bills, regardless of concession status. Contact your electricity retailer (Aurora Energy or 1st Energy) and ask to be assessed. It's not a fixed rebate but offers flexible help depending on individual circumstances. EnergyAustralia
5. Aurora Energy's YES Program and Customer Support Fund: For customers experiencing financial vulnerability, Aurora offers bill relief, waiving of fees and charges, freezing of debt, and payment plans through its YES hardship program and Customer Support Fund. GoSwitch
6. Important: If you switch from Aurora to another retailer, you must provide your concession card details to your new retailer — concessions don't transfer automatically. EnergyAustralia

The bottom line for Tasmania: you're already in one of the better-value electricity markets in Australia, but there's still up to $324/year on the table from switching off Aurora's standing offer to a cheaper market plan. Head to energymadeeasy.gov.au, enter your postcode and usage, and sort by annual estimated cost. Energy Locals is currently the standout competitor, but check all available options for your specific postcode and usage pattern.