What is the reference price?
The reference price is a benchmark electricity price set by the government. It makes it easier to compare electricity prices between different energy retailers.
Different parts of Australia have different reference prices because energy usage and distribution costs vary area to area. The reference price for each area will also differ depending on your tariff type.
The information on this page applies to New South Wales, South-East Queensland and South Australia only.
Using reference price to compare electricity plans
All energy retailers in New South Wales, South-East Queensland and South Australia must tell you how each of their electricity plans compare with the government reference price. This is done using a percentage figure.