There are a number of separate elements that can be included in electricity pricing, such as the price for electricity used, network charges and service charges. If you are comparing prices, make sure you check what has been included and what is excluded from your offer.
All energy retailers who offer a market contract set their own 'market' prices. You should compare these prices against the Queensland Government's regulated price.
The electricity you use is measured in kilowatt-hours (kWh) or megawatt-hours (MWh). A unit price is the price per kWh or MWh. This is how you will be able to compare prices from different retailers against the Queensland Government's regulated price. Check your recent bills to see how much energy you usually consume - and don't forget you may use more or less electricity in summer or winter.
The Queensland Competition Authority (External website) (QCA) has developed a price comparator so you can compare electricity prices offered by various Queensland energy retailers. The price comparator can be accessed through the QCA's website.
Some commercial websites offer energy contract comparison and switching services. However, these sites may offer a limited range of switching options and may not provide prices for all energy retailers participating in the market.
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The Australian Energy Regulator (External website) has a website to help consumers and small business compare gas and electricity offers from energy retailers.