How to Compare Electricity Prices in Victoria
There are numerous energy providers across Victoria offering a variety of energy deals. And with the cost of living and maintaining properties, it makes sense why Victorians want to get a good deal on electricity.
Whether you are living in the metro areas of Melbourne or across regional Victoria, GoSwitch can help you find the perfect deal. If you’re trying to compare prices for your electricity on your own, here’s a few tips to get started.
How to compare existing plans
Your existing plan can give you a good starting point for comparison with other providers. You should be able to look at the rates of your provider and compare them with other providers. Here are a few factors to consider when you are comparing.
First, take a look at your electricity usage
It’s always smart to look at how much electricity you are using on a daily, weekly and monthly basis and pair that with the number of people in your household. If your energy usage seems higher than you expect it’s a good time to consider how you can reduce your usage. From there you can ever calculate the absolute minimum usage per month and match that with you much you pay. A price per watts helps you go back to other providers to see if they can offer a better price.
Ask about extras
Providers love to create incentives for their customers to stay with them. There are always discounts, bundle prices and potential offers available to make sure to always ask your advisor about what’s available and what you qualify for. You can even ask your current provider about this and see if they’re willing to offer a cheaper price for bundling gas and electricity.
Look at suppliers in your area
It’s always good to ensure that the providers you are looking at are available in your area. Use an online portal to see which providers service in your suburb and use this to gauge the providers you can compare with. Your region may also be a factor in the overall cost of your electricity.
Get a price breakdown
Your providers can provide you with a detailed price breakdown that shows you region costs, GST and other elements that are used to create your fee. The detail can be useful in determining the differences between other providers.
Certain contracts may work for some but not always for others. So, always check what contracts are available, including lock-in contracts and any opt-out fees. Some contracts can be locked in for 6-12 months while others are a month-to-month basis. It depends on your preference, but make sure the provider has options that suit these preferences.
Flexibility is an important part of any provider, and a customer focus means they’ll be willing and happy to adapt to your lifestyle and preferences. Payment options, contracts, available plans, bundling prices, all elements that can make a difference to your decision. Investigating their social media profiles and reviews can also help you determine customer service.
Rebates and concession options
If you are a low-income earner you should be able to get rebates or concessions for your bills. Take a look at what is available based on the provider.
Platforms and comparison portals
The best way to get a quick comparison is through online comparison platforms. It’s easy to take a look at your suburb and see what available plans are in your region. This simplifies the process so you aren’t sifting through various providers’ websites.
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Our online portal lets you look at deals available in your suburb, and our specialists provide you with an outline and recommendation tailored to your household needs. Get started today to find the perfect energy provider for your home.