The news is filled with information about electricity rates, but it can be hard to understand and quantify what that really means. The average electricity bill has generally been increasing each year through standard market forces. At GoSwitch we study the data rigorously to understand what’s going on in the market and provide our customers with the best information possible to suit their needs.
Electricity rate increases over five years
Electricity rates have generally increased over recent years and many experts predict this will continue. New players continue to enter the market, but despite this, there is still price pressure on the average Australian household. One reason is because lots of Australian’s are on the standard default energy plan, and these are amongst the least competitive rates in the market.
Luckily, GoSwitch users can often beat the ongoing rate rises, by switching to a more competitive plan, with higher discounts and incentives. So it is a worthwhile exercise to check in with us periodically and see if there is a better rate for you.
Does the price I pay affect the quality of my electricity?
Not at all. The actual supply of electricity is managed by your energy distributor, which is fixed according to where you live. Your energy retailer is the company responsible for determining how much you pay and sending your bills – if you switch to a new plan with another energy retailer, your supply remains exactly the same. If you want to know how the costs are calculated, we outline how electricity pricing works in Australia in this article.
What do I need to know about GoSwitch?
GoSwitch is a leading electricity comparison site based in Australia. We created a comparison engine that analyses your current plan and electricity/gas usage against others in the market to help you find a competitive offer. Our staff are trained to take your situation into consideration, offering recommendations to suit your needs. We have a call centre team ready to explain all the fine print, and if you are want to proceed, we take control of the switching process for you, so you don’t need to deal with messy paperwork. We make it easy.
We pride ourselves on giving great advice for free. It’s what we are passionate about, and we supply lots of options so you can do it in a way that you feel comfortable with