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Australia is known for its expensive
electricity rate history compared to other parts of the world. The rise in
energy prices is due to some factors. The Australian Energy Market Commission
(AEMC) shows through research that the energy prices in Australia have been
affected due to two main factors.
The first factor is a lack of
investment in things (this could be infrastructure), and the second is the increase
in the prices of gas because of higher demand for gas in export markets. An
additional factor is a regulation imposed by the government that is not in
support of the competition. Nonetheless, a lot of state governments in the last
decade have been deregulating the energy industry, allowing discounts on
electricity and creating competition.
To know the cheaper electricity
supply in Australia, it's crucial that a comparison should be made between
different energy prices, rates, and tariffs. This is what several energy comparison sites, such as Econnex Comparison,
do. So, how exactly can you find a cheaper electricity supply in Australia?
How do I Find the
Cheapest Electricity Supplier in Australia?
Everyone should understand that
technically there is no cheap electricity supplier, especially in Australia.
How cheap the electricity deal is will depend on the levels of your
consumption, the type of tariff you would prefer (variable or fixed), your type
of meter (smart meter, prepayment, or standard), and if you would want your
electricity to be renewable.
Below are how you can find a suitable
energy deal for you:
· Visiting energy comparison sites, such as Econnex Comparison,
will help you compare electricity prices from time to time to ensure you're on
the best energy deal.
· Ensure you get an annual statement or
recent bill to compare energy prices, which should be tailored to your energy
usage.
· Do you use both electricity and gas
in your home? Then ensure you compare the prices of the electricity with dual
fuel deals. It's possible to discover that a dual fuel tariff is cheaper for
you.
Notes
You may be on the standard variable
tariff of your supplier (typically the most expensive plan) if you have not
switched in a while. You can find the cheapest electricity tariffs when
switching to a fixed deal.
In addition, switching away from your
supplier to have a better deal may not be necessary. All you may need to do is
to run a comparison to get the cheapest electricity tariff on offer from your
energy provider (energy comparison sites, such as Econnex will be an ideal route)
Does Cheap
Electricity Mean Poor Customer Service?
The simple answer is no. When you
switch to a cheaper electricity tariff, it doesn't necessarily imply that the
customer service you get will be compromised.
There are energy comparison sites
that can help you compare electricity prices and show you the customer
satisfaction rating of every available supplier in Australia.
With these rating that is based on
actual customer reviews, you can freely choose the top electricity in
accordance with customer service and price.
In addition, you can go through
energy awards in Australia to know if it's appropriate to switch to a provider
with a cheaper electricity tariff for you or
a provider with great customer reviews ( sometimes they mean the same
thing)
Wrapping Up
Some people switch to a new energy
provider to get a cheaper electricity supply, while others intend to get great
customer service or sign up for a green energy plan.
Since the power to choose your own energy
supplier is in your hands, you may want to try all your best to find a cheaper
electricity supply in Australia. The provided details in this article
should help you find the cheaper electricity supplier in Australia.
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