Compare Electricity

Finding the right electricity plan shouldn’t be a hassle, especially when you want to keep energy bills low. GoSwitch simplifies this process, allowing you to compare electricity plans from leading providers and discover the most cost-effective options for your home or business.

How Electricity Is Priced in Australia

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, including wholesale costs, network charges, environmental schemes, and retailer margins.

Two main types of offers exist in the market:

  • Market Offers: These have flexible pricing that can change over time, reflecting fluctuations in the wholesale market.
  • Standing Offers: These have 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 types of offers. At GoSwitch, we can help you navigate these options and find a plan that suits your needs and budget.

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Understanding Energy Charges and Tariffs

Your electricity bill isn’t just about the energy you use; it’s a combination of charges and tariffs. A tariff is the rate you pay for electricity, and it can come in different forms:

  • Single Rate Tariff: This means you pay a flat rate for each unit of electricity you consume, regardless of the time of the day.
  • Time of Use Tariff: This involves different usage rates depending on peak, shoulder, and off-peak times. You can save by shifting your energy usage to off-peak hours.
  • Controlled Load Tariff: This applies to specific appliances, such as hot water systems or pool pumps, often at a lower rate.

Your bill will also include a daily supply charge, a fixed cost for supplying power to your property. There might be a solar feed-in tariff, a credit you receive for excess solar power you feed back into the grid.

Don’t be overwhelmed by these terms! GoSwitch can help you understand your bill and find a tariff that aligns with your usage patterns. We’ll even compare your current plan’s reference price with other options to see if you’re getting the best deal.

What Makes Up Your Energy Plan

Energy plans aren’t one-size-fits-all. They come with various features designed to suit different needs and preferences. Here’s what you’ll typically find in an energy plan:

  • Rates: This includes the usage rates (cost per kilowatt-hour) and daily supply charge. Some plans may offer different rates based on time of use or for controlled load appliances.
  • Discounts and Benefits: Look out for discounts, such as pay-on-time discounts or direct debit incentives. Some plans also offer additional benefits like renewable energy options or carbon offsets.
  • Contract Terms and Conditions: Pay attention to the contract length and any exit fees that might apply if you switch providers before the benefit period ends.
  • Plan Information: This includes details about billing frequency, payment options, and customer support.

GoSwitch can help you break down the plan information to find one that suits your specific needs. You can easily compare different energy plans side-by-side to see the full picture before making a decision.

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How To Choose the Right Energy Plan

Selecting the right energy plan can feel overwhelming with so many options available. But don’t worry—we’re here to simplify the process. Here’s what to consider:

  1. Your Energy Usage: Look at your past energy bills to understand your average consumption. This will help you estimate costs under different plans.
  2. Your Priorities: Do you value price stability? Or are you open to flexible pricing that could offer potential savings? Consider whether discounts, incentives, or renewable energy options are important to you.
  3. Price Comparison: Use our energy comparison tool to compare energy prices from energy plans side-by-side. This will help you see the estimated annual cost, contract terms, and any additional fees.
  4. Read the Fine Print: Before signing up, carefully review the plan’s terms and conditions, including contract length, exit fees, and any special conditions.
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GoSwitch’s Top Electricity Providers in Australia

At GoSwitch, we’ve partnered with a wide range of leading electricity providers and energy retailers to ensure you have plenty of options to choose from. Our panel includes trusted names like AGL, Ovo Energy, Blue Energy, 1st Energy, Origin Energy, Dodo, Sumo Energy, and EnergyAustralia.

Whether you’re in New South Wales, Victoria, Queensland, South Australia, or the ACT, we compare plans from these providers and many more to help you find the best deal. Our comparison tool takes into account not just the price but also the specific features and benefits of each plan.

Even if your current provider isn’t on our list, we can still help you compare and switch. We work with all the major distributors and retailers across Australia to guarantee you have access to the most competitive offers in the market, all under the watchful eye of the Australian Energy Regulator.

The Convenience of Dual Fuel

If your home uses both electricity and natural gas, consider the convenience of a dual-fuel plan. By bundling your electricity and gas plans with a single provider, you can streamline your billing and potentially access exclusive energy rates and discounts.

Dual fuel plans often come with added benefits, such as a single point of contact for customer service and easier management of your energy accounts. Plus, if you have gas appliances like hot water systems or heating, bundling can lead to significant savings on your overall gas bill.

At GoSwitch, we can help you compare dual fuel plans from leading providers to find the perfect fit for your household.

What Is Carbon Offset?

Carbon offsetting is a way to compensate for your emissions by investing in projects that reduce greenhouse gases elsewhere. This can be a great way to take responsibility for your energy use and contribute to a cleaner environment.

Many energy providers offer carbon-neutral plans, where they offset the emissions associated with your electricity usage. Some providers even offer plans that support the growth of renewable energy sources like solar power.

If you have solar panels, you might be eligible for solar feed-in tariffs, which are credits you earn for the excess solar energy you feed back into the grid. These credits can help offset the cost of your energy bill, making solar an even more attractive option.

Setting Up Electricity in Your New Home

Moving into a new home or just built your dream house? We can help you get your electricity connected hassle-free. Here’s what you need to do:

  1. Choose an Electricity Retailer: Research and compare different retailers to find one that suits your needs and budget. At GoSwitch, we make it easy to compare plans from various retailers, including those operating in SA, ACT, NSW, QLD, and VIC.
  2. Contact Your Chosen Retailer: Once you’ve selected a retailer and plan, get in touch with them to set up your new account. They will guide you through the process and arrange for the connection.
  3. Provide Required Information: You’ll need to provide details like your new address, preferred move-in date, and any relevant identification documents.
  4. Schedule a Connection: Your retailer will work with your local distributor to schedule the connection of your electricity. For most residential customers, the process is quick and straightforward.

If you’re unsure which retailer to choose or need help with the process, our friendly team at GoSwitch is here to assist you every step of the way. We’ll help you find the best deals and ensure a smooth transition to your new home.

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Is a Smart Meter Right for You?

Smart meters are the next generation of electricity meters, offering a range of benefits over traditional meters. They provide real-time data on your energy usage, helping you understand your consumption patterns and identify opportunities to save.

With a smart meter, you can say goodbye to estimated bills and manual meter readings. Your energy data is sent directly to your retailer, ensuring accurate billing. Smart meters also enable you to access flexible pricing plans that reward you for shifting your usage to off-peak times.

Saving Money With Energy Concessions and Rebates

Did you know that you could be eligible for savings on your electricity bill? Various government rebates and concessions are available to help eligible households manage their energy costs. These can include:

  • Low-income Household Rebates: These rebates provide financial assistance to eligible low-income households to help cover their electricity costs. The amount of the rebate varies depending on your circumstances and location.
  • Energy Supplement Payments: Certain pensioners and concession card holders may qualify for additional payments to help with their energy bills.
  • Family Energy Rebates: Some states and territories offer rebates for families with dependent children to help ease the financial burden of energy costs.
  • Provider-Specific Discounts: Many energy retailers offer their own discounts and incentives, such as pay-on-time discounts or sign-up bonuses.

To see if you qualify for any of these savings, check your state or territory government website or contact your energy provider. GoSwitch can also help you explore available rebates and discounts when comparing energy plans.

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Find the Best Deals With GoSwitch

With GoSwitch, it’s easy to compare a wide range of electricity plans from leading providers across Australia. Simply enter your postcode and a few details about your energy usage, and our powerful comparison tool will do the rest.

We’ll show you a clear breakdown of the estimated costs, contract terms, and features of each plan, making it simple to see which one is the best fit for you. Plus, our service is completely free and independent, so you can trust us to find the best deals without any bias.

Don’t overpay for your electricity. Start comparing with GoSwitch today and discover how much you could save!

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FAQs

Simple changes like using energy-efficient appliances and adjusting your thermostat can make a difference. To maximise your savings, explore different energy plans and compare their rates and features with GoSwitch.

Switching providers is a straightforward process that starts with finding a better deal with GoSwitch’s help. Once you’ve chosen a new provider, they’ll handle the switch for you, making it hassle-free.

There are many comparison sites available, but not all offer the same level of service. GoSwitch stands out by providing a user-friendly platform, unbiased comparisons, and expert guidance to help you make an informed decision.