Electricity bills trend down till 2024
According to the latest report by the Australian Energy Market Commission (AEMC), residential electricity prices will continue to fall. Here’s the power price outlook.
According to the latest report by the Australian Energy Market Commission (AEMC), residential electricity prices will continue to fall. Here’s the power price outlook.
The latest report from the Australian Energy Council (AEC) shows that rooftop solar has become the second-largest generator of electricity in our country. That’s because households with solar now provide a whopping 14.7 gigawatts (GW) of capacity.
Rooftop solar is now the second biggest generator of electricity in Australia, pushing down the cost of power. But what about the 7 million households who don’t have solar? Here’s how the new so-called ‘solar sponge tariffs’ enable anyone to get on board with cheaper daytime electricity.
From March 2021, there has been fierce discounting of grid electricity offers by several energy retailers in Victoria. So we ran the numbers to find out if the plans available now are cheaper than any deal since WATTever began comparing every electricity plan listed on retailers websites in July 2017.
The arrival of low-cost electricity retailer ReAmped Energy into Victoria in March and into the ACT today is excellent news for energy shoppers wanting a better deal. Over the last two years, the independent electricity retailer has been a leading force lowering energy costs by intensifying price competition.
Australia’s consumer watchdog has released new figures showing electricity prices have fallen almost 9 per cent since the middle of last year. As a result, there is a staggering $900 million in potential savings up for grabs for households in eastern and southern states.
Households and businesses in South East Queensland interested in sustainable energy take note. Enova Energy will arrive in Queensland with electricity offers from March 2021, taking their fast-growing community-powered model to the sunshine state. If you are looking for an energy supplier with heart, it’s worth checking out Enova Energy.
The new year always brings new electricity pricing in Victoria. In 2021 Victorian electricity prices will drop. This is good news for energy shoppers after a tough year where lockdown meant larger energy bills for many Victorian households. Here’s what you’ll find if you’re on the hunt for a better
iSelect has been ordered to pay a penalty of $8,500,000 for making false or misleading representations to consumers using its energy comparison service, following Federal Court action by the ACCC.
For a long time, South Australians have paid the highest electricity rates in Australia, with ‘one-size-fits-all’ flat/anytime tariffs costing 30-40 cents per kWh. Now, South Australians can dramatically reduce their electricity bills just by switching to a new tariff type.
NSW energy bill relief is on the way. The New South Wales state government has just upped relief grants to their emergency support Energy Accounts Payment Assistance (EAPA) Scheme. The boost aims to ease cost-of-living pressures during the COVID-19 pandemic, while making the program more accessible.
With Australia in lockdown, we’re now spending an enormous amount of time at home. As a result, most households will be using extra energy – up to 50% more than usual. So how can you power a home office (or two), cook every day and keep the comfort level of