A recent report has forecast that if the Federal Government introduces a regulated electricity price that is fair, that there could be savings up to $420 on your annual electricity bill.
Some households may even be able to save up to $1000 a year on their electricity bill, if "they are on bad offers".
Low-income households have the most to gain from a regulated energy price, as they are spending four times more for their electricity than high-income households1.
Households in New South Wales, Victoria, Queensland & South Australia could greatly benefit from a fair regulated standing offer for electricity.
At the present time, these four states do not have a regulated electricity price.
The Federal Government has announced that they will be working on introducing a regulated price for standing offers.
Also, as of February 1 2019, energy providers will have to notify you of rates changes to your energy plan at least five business days in advance. This is to help you make more informed decisions about whether you remain on your existing energy plan or to compare plans for a better deal.
1 ’New report shows regulated retail price could save NSW, Vic, Qld & SA households more than $300 a year on electricity bills’ Australian Council of Social Service
At Youcompare, we can help you compare a variety of different market offers.
Whether you are currently on a market offer or you’re on a standing offer – you might find savings to be had just by comparing your most recent energy bill.
Plus, using our services is completely free to you!
Give us a call at 1300 683 009 and speak to one of our energy experts so we can help you find a better deal than what you’re currently on! Let us do the hard work for you and get you enjoying the benefits faster.
Otherwise, you can browse our energy plans at your own pace so that you can make your own comparisons to find the best deal for you.
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Youcompare is committed to helping you save money by switching you from the more expensive electricity bills onto a better plan.
We work harder to ensure that you are not paying for overpriced energy plans and are instead receiving a fair energy deal.
We will compare your energy plan against a host of other offers - to find you a cheaper deal.
Plus, using our services is completely free, even if we can’t find you a better deal.
Give us a call at 1300 683 009 and speak to one of our energy experts to compare your current energy plan and see if there is a cheaper deal for you.