Electricity and gas prices have gone up in three different states in Australia on 1 July.
Will it affect me?
If you live in Queensland, New South Wales or South Australia, you may live in an area where your bill will be more expensive after 1 July. If your bill is changing, your retailer will let you know via email or post.
Here are just a few examples of rising electricity prices across the country.
Electricity price increases
What can I do about it?
Last winter brought an increase of $106.71 to the average Aussie energy bill, due to increased usage in heating households. Now, new figures show that 2 in 5 Aussies plan to reduce their energy usage around the home as the only way to combat bill shock this winter.
So, what can you do about it? Simply make sure you’re getting the right deal.
Most households can save by auditing bills and switching suppliers. What is the easiest way to do that? Use our energy comparison service. We have already helped thousands of other Aussies track down better energy deals in the last year alone. Now, it’s your turn.
Compare the Market’s top tips to save energy
Learn about penalties upfront. Penalties for missed payments vary, but avoiding payments altogether can lead to late-payment penalties, disconnections and reconnection fees. If you’re struggling to pay on time, it’s best to inform your energy retailer.
Look out for discounts. Keeping an eye out for discounts is a good way to keep costs down, but be aware some discounts only apply in particular circumstances (e.g. paying bills on time). In fact, steer clear if you’re not confident you can consistently meet the discount’s requirements.
Watch your hot water usage. When using your dishwasher and washing machine, use the shortest – or economy – cycles, and only wash full loads. Turn down the temperature of your hot water system, and use your washing machine on a cold water cycle instead.
Switch off appliances at the wall. Appliances on standby are responsible for up to 10 per cent of your power bill. A power board can help make it easy for you to switch off all appliances using the same switch, so start incorporating this into your end of night ritual.
1 AGL, 2017: https://content.agl.com.au/default/electricity-pricing-faqs/ 2 Electricity Bill Benchmarks report, 2015, and Residential Electricity Price Trends report, 2015 in Comparethemarket.com.au, 2016. Figure excludes NT, where energy demand is highest in summer, and WA, which is not part of the National Electricity Market. 3 Energy Australia: https://www.energyaustralia.com.au/blog/better-energy/how-standby-power-affecting-your-bill
Ready to find a better deal? It’s easy to compare with us.