Our electricity supplier sent us an email with the nondescript title of ‘Energy Market Pricing Review’ in which they jacked up our supply charge by 13% and usage rates by 53-72%
I went on the Aust Gov energy comparison website (energymadeeasy.gov.au), entered a few details, went to the lowest priced option, followed the link to their website, and signed up, all within 15 minutes
I’m not saying which retailer because this is not an ad, and it will be different everywhere
The new plan will save $18 per month just in the supply charge, and has cheaper usage rates!
If your energy company is taking the piss too, tell them to get fucked. If they call to ‘Ask what they can do to keep you’ or ‘Find out how they can do better’ just hang up. They have no decency, and nothing they say should sway you to give your money to companies that treat you like garbage
Cries in regional Queensland I can choose between Ergon, Ergon or Ergon. Oh wait… there’s also Ergon.
https://en.m.wikipedia.org/wiki/Ergon_Energy
You’re in the situation what we wish to get back to in Victoria, you should feel lucky, not complaining.
“Bargain hunting” for a electricity retailer is absurd. Because the privately owned electricity distributors set the rates, and the retailers just repackage the wholesale rates as fixed cost supply and usage charges. There is no “choice”. (This is the situation in Victoria)
There should be one electricity distributor, the government (this is buy-in-large, your situation), who provides electricity at cost. Because it’s a natural monopoly, there’s no use of having parallel energy transmission wires owned by different companies, which is why that isn’t done anywhere in Australia (in most cases).
This is exactly why our costs are way higher than in Queensland. “Competition” of privatisation doesn’t work.
Thanks Kennett (the Liberal Premier who sold off the Vic SEC).
If you are in Victoria, you should be using the comparison website every year:
https://compare.energy.vic.gov.au/It will find the cheapest plan based on your usage over the past year.
In general, you can usually lock in a rate for ~12 months - after which point in time you will switch to the default rate (which will be higher, but is still capped versus how bad things used to be).