Understanding how electricity prices are set is key to making informed decisions about your energy plan. In Australia, the energy market operates as a wholesale market where retailers purchase electricity and then sell it to you, the consumer. The energy price you pay is influenced by various factors.
There are two main types of offers in the electricity market:
- Market Offers: Flexible pricing that can change over time, reflecting wholesale market fluctuations.
- Standing Offers: Fixed prices set by the retailer, providing more price stability but potentially missing out on lower rates during market dips.
* It’s important to note that not all retailers offer both market and standing offers. GoSwitch helps you understand your options and find the right plan.
i would like to speak to someone
Hey Wendy, apologies for the slow reply. If you’d like to speak to someone you can call us on 1300 107 074 otherwise you can fill out the form on the website & we’ll contact you!
i would like to speak to someone If i have already said it , then why have i not spoken to someone about switching ???