Your electricity bill in Brisbane is made up of several components, but understanding the basics can help you make smart choices. The electricity rates you pay depend on your chosen market offer, which sets the price per kilowatt-hour (kWh) of electricity you use.
The Australian Energy Regulator (AER) sets a reference price each year, which is a benchmark for comparing different offers. If you haven’t chosen a specific plan, you might be on a default market offer set by your retailer, which won’t exceed the reference price but may not be the cheapest option.
Your retailer may also offer standing offers with different rates and conditions. It’s worth comparing your options to see what works best for you. To help you navigate the energy market and make informed choices about your electricity plan, GoSwitch offers a free energy comparison service that can help you find the right fit for your needs and potentially save on your annual cost.