Let’s start with the good news. The Australian Energy Market Commission is forecasting an on-average 6% reduction in electricity costs from 2021 to 2024.1 And while gas prices have increased for some households, Australian gas prices are still up to 70% lower than what people across Europe and Asia pay.2

But despite that, an incredible 45% of Australians have received a bill shock in the last three months, and out of those respondents, 72% say it’s an electricity or gas bill that shocked them.3

If your energy bills are causing you stress, you could be paying more than you need to for your electricity and gas supply.

Keep calm and compare energy providers!

Use our free energy comparison service to see a variety of plans and providers in your area. If you find a better electricity plan, we can help you switch in as little as two business days (or up to 90 days for gas).

It only takes a few minutes, so see if you can find a better deal today!

Compare electricity plans with Compare the Market

mother daughter bedtime stories representing compare electricity and gas

Sources

1 AEMC – ‘Household electricity bills trending down Australian Energy Market Commission Residential electricity price trends report 2021
2 Minister for Industry, Energy and Emissions Reduction – ‘Securing critical gas supply and infrastructure into the future
3 Survey of 1,018 respondents commissioned by Compare the Market and conducted online by PureProfile. Bill Shock Tracker, December 2021.