How to Compare Electricity Suppliers in NSW

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Energy providers all have their own processes, and sometimes shopping around can make a difference to the bills you pay each month. The cost of living in NSW can stack up, whether you are in metropolitan homes across Sydney or in a regional property. We all want to save a few dollars on our bills, so when it comes to your electricity, there are a few ways you can compare suppliers to see what deals are available.

Start with your current plan

Your existing plan will give you a starting point to compare other plans and suppliers. With the rate you are paying and the provider you are with, you can start seeing what other options are out there. When considering a new supplier, here are a few factors to look at to get the best deal.

Look at your electricity usage

Understand your electricity usage to gauge just how much your household consumes each month, and how much that equates to a as a watts per dollar. This is a great way to also look at how much you use based on the number of people in your household and consider what usage you may be able to cut down on. If you are confident in your electricity usage you can go back to providers with your rate to compare with theirs.

Ask about extras and discounts

You may be able to cut down a few dollars by swapping suppliers, but you might also be able to save with extras and discounts available. Providers want long term customers, so they incentivise this. A lot of providers bundle prices when you combine gas and electricity, and some providers will even chip in for certain bills if you meet the criteria. Ask your specialist what discounts you are eligible for.

Compare suppliers in your area

The area you live can have an influence on the price you pay, as well as the available suppliers. Comparing companies that are available in your region will help you filter through the available plans. Regions may also have certain fees that are unique to their area.

Request a price breakdown

A price breakdown lets you determine what exactly you are paying for and how the supplier breaks up your rates. These rates can be different across different regions and different suppliers, so it’s a great way to compare differences and similarities with various providers.

Look into contracts

Just focusing on the cheapest NSW electricity rate isn’t enough as you will also want to have a contract period that suits you. Some suppliers will allow a month to month plan while others may offer you 6 or 12 month contracts. It’s a good chance to ask about exit clauses and any additional fees that may not be in your general bill.

Customer service and flexibility

Customer focus is a top priority no matter what supplier you work with. You want a company that puts your needs first, and is available to help you when needed. Consider elements like how you can pay bills, when you can pay bills, how you can manage your usage and check up on your current spend. Its also a good time to look at online reviews to determine what issues you might face later on.

Look into rebates and concessions

Low income workers are eligible for certain rebates and concessions, and a supplier should be able to help you determine the right fit. Ask about what bills you can get concessions for and how to go about this.

Look at suppliers with an online platform

If things are a little overwhelming there are platforms available online that let you easily look at different suppliers and rates. These comparison sites let you look at various providers in your area, and will offer tailored recommendations when you request. GoSwitch is here to help you find the best electricity plan for your needs, and our specialists will provide you with details on what plan suits you.

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