Cheapest electricity plan for EV charging in Melbourne
Melbourne runs on the Citipower network, and 27 retailers offer a home electricity plan there. Picking the right one changes what an EV actually costs to charge at home.
The short answer
604 plans are on the market in Melbourne. Run the numbers for a Hyundai Ioniq 5 Long Range charging overnight over 12,000km a year and the gap between the cheapest and the most expensive comes to $607.44 — $80.18 against $687.62, for identical driving.
OVO Energy's The EV Plan - AUG2026 is the cheapest, at 4.09 cents per kilowatt hour overnight. It's built for EV charging specifically, which explains the gap to everything else on offer.
Melbourne's retailers, ranked by overnight EV rate
Best overnight plan per retailer on the Citipower network. Expect to pay around $384.16 a year on a typical one.
| # | Retailer | Plan | Overnight rate | A year | Per 100km |
|---|---|---|---|---|---|
| 1 | OVO Energy | The EV Plan - AUG2026 | 4.09c | $80.18 | $0.67 |
| 2 | GloBird Energy | GloBird FULLHOUSE Residential (Flexible Rate) Citipower | 13.50c | $264.60 | $2.20 |
| 3 | Flow Power | Flow Home Battery + Solar + EV: Variable Prices (estimate) | 14.49c | $284.02 | $2.37 |
| 4 | CovaU | SolarMax VIC Citipower Residential TOU | 14.55c | $285.18 | $2.38 |
| 5 | 1st Energy | 1st Emerald, Residential - Time of Use with Controlled Load | 14.60c | $286.16 | $2.38 |
| 6 | Flipped Energy | Freedom Switched On! Controlled Load | 14.69c | $287.88 | $2.40 |
| 7 | Sumo | Sumo Sunrise Plus | 14.81c | $290.28 | $2.42 |
| 8 | Alinta Energy | HomeDeal Next - Time of Use (Interval) | 15.40c | $301.84 | $2.52 |
| 9 | Kogan Energy | Kogan Energy for current FIRST members | 15.98c | $313.28 | $2.61 |
| 10 | Powershop | Power House | 15.98c | $313.28 | $2.61 |
| 11 | Tango Energy | Everyday Easy | 16.00c | $313.60 | $2.61 |
| 12 | AGL | Residential Seniors Saver - New To AGL | 16.58c | $324.98 | $2.71 |
| 13 | Momentum Energy | NAB Goodies | 17.00c | $333.20 | $2.78 |
| 14 | Lumo Energy | Lumo Plus | 17.13c | $335.75 | $2.80 |
| 15 | Next Business Energy | NBE Standing Offer | 17.16c | $336.34 | $2.80 |
Citipower network, Hyundai Ioniq 5 Long Range at 14.7 kWh per 100km. Scale the per 100km column for your own car.
Where charging at midday beats charging overnight
Most Melbourne plans reward overnight charging, as expected — but not all of them. Six flip the other way, and OVO Energy flips hardest: charging at midday instead saves $404.02 over the year.
| Retailer | Plan | Charging overnight | Charging midday | Difference |
|---|---|---|---|---|
| OVO Energy | The Basic Free 4 Plan - AUG2026 | $505.03 | $101.01 | $404.02 |
| GloBird Energy | GloBird FOUR4FREE Residential (Two Rate ) Citipower | $519.40 | $245 | $274.40 |
| Flipped Energy | Freedom Switched On! Midday Power Controlled Load | $309.94 | $99.10 | $210.84 |
| Indigo Power | Indigo Power Retail - Energy Shapers Plan | $525.28 | $397.88 | $127.40 |
| Tango Energy | Everyday Easy | $313.60 | $222.66 | $90.94 |
| ENGIE | VIC ENGIE Standing elec | $377.10 | $295.57 | $81.53 |
Plans with free power windows
Two Melbourne retailers throw in a free daily power window. OVO Energy's runs longest, at 31.5 hours a week.
| Retailer | Plan | Free window |
|---|---|---|
| OVO Energy | The Free 4 Plan - AUG2026 | 31.5 hours a week |
| Flipped Energy | Freedom Switched On! Midday Power | 24.5 hours a week |
Checked on 11 September 2026
Melbourne pricing here is current to the regulator's 11 September 2026 data and leaves out supply charges, demand tariffs and sign-up discounts. See How we compare EV electricity plans for the full method.