How to Compare Electricity Rates in Sydney
The cost of living and the price of properties can stack up in Sydney, and so can bills. We all love to save a few dollars here and there, did you know that you might be able to save money on your electricity? Comparing electricity rates across Sydney can help you find the perfect plan for your needs. GoSwitch discusses how you can get started in comparing rates.
Start comparing your current plan
Your current plan should give you a general understanding of what you should be mindful of when comparing new rates. Your supplier wants a long-term customer, and if you feel like you could be getting a better rate somewhere else, it may be worth a conversation with their team.
Assess energy usage
Take a look at your monthly usage of electricity and try to establish how much you use regularly per household member. With this information you can potentially look at reducing your usage with a few saving tips, or use the cost per watts to go back to other providers for comparison.
Find out extras and discounts
Providers usually offer extras, bundle prices and discounts when you meet certain criteria. Your current provider may have discounts that you aren’t aware of, so it’s always good to check with them. Plus, shop around to see what other providers are offering and marketing.
Look at the suppliers in your area
Make sure the suppliers’ rates you compare are actually available in your state or suburb. Not all suppliers are available everywhere and not all rates will be the same across the board. Use a search portal to see which providers have plans in your suburb, and then see how location and region factors into the overall rates.
Request a price breakdown
Providers will have available a price breakdown for customer who want to see the details of their rates. These rates are a combination of various factors: GST, fees for certain areas, management fees, etc. If you care about details you can utilise a price breakdown to determine the differences and similarities between one supplier and another.
Ask about contracts
Your contract should be flexible but reliable, but it also should suit your preferences. Ask about available contracts, exit clauses and payment methods to see if their process suits you. Contracts can be month-to-month, 6 months or 12 months, and can usually meet your preferences.
What payment options are available? Do you have online access to energy usage and information? What happens if you switch provider or opt out? You want a provider that is flexible and customer focused, as they’ll be the ones that will help you first if any issues arise. Check out reviews online to see how they stack up, and ask a specialist how flexible your energy options are.
Check on eligible rebates and concessions
Low income earners will qualify for rebates and concessions, and a supplier will be able to help you with this. Make sure to ask the specialist about what is available and what you are eligible for so you can get a better understanding of the electricity rates available.
Take advantage of a comparison platform
Comparing the market can be a strenuous activity, but fortunately there are plenty of online platforms that do all the work for you. If you’re stuck with the details of comparing electricity rates try utilising a platform that breaks down your available options. You can also get an energy specialist to offer you a recommendation that outlines the best plan for you.
Overwhelmed? We can help!
Why choose GoSwitch?
100% free service
Our service is completely free, making it easier for you to compare deals
Cutting through the jargon
No confusing details, no complex language, we give you a straight-forward, simple breakdown of your recommendations.
Always good deals
Our customer-focused service means we want you to get the best deal, so that’s always our priority. We search for a great deal that’ll save you the most.
Start comparing with GoSwitch
We make it easy for you to start comparing. Research your suburb using our portal and fill in your details to get a recommendation from one of our energy specialists.