Electricity and gas prices changing is just one of the reasons why you should be comparing Energy providers.
According to the Australian Energy Commission, electricity for households and businesses will be cheaper in 2023 as new generation capacity enters the power grid with 1,667 megawatts of solar and 2,580 megawatts of wind.
Their annual price assessment projected that power prices would continue to decrease until 2021-2022, with prices eventually expected to be lower than they are now. The price impacts vary across each state and territory, with expected network, distribution and metering costs to fall and transmission costs to increase.
At the Australian Clean Energy Summit in 2018, Anne Pearson, Chief Executive of the AEMC, highlighted that this generation’s energy sources are becoming cleaner through technological advancements. The retailers must address the challenges on consumers from this transition.
Ms Pearson went on to explain that “Australian households and businesses are in the midst of these major changes that are underway, and they are no longer a passive group of consumers. Consumers can now manage and monitor their consumption and will contribute to strengthening the power system in the future.”
While the AEMC plays a vital role in simplistic solutions for consumers, they need to know that power will be there when and where they need it as it is fundamental to their lives. With more regulatory laws in place, new technologies help businesses and households gain confidence and control over their energy consumption by having complete transparency into lower rates and energy plans from one provider to the next.
Here are three of the significant benefits for businesses and households to start comparing providers and plans using GoSwitch to make a switch to clean and affordable energy.
- More Cost-Effective Plans
Using the GoSwitch electricity price comparison will allow you to compare your electricity and gas provider to find lower rates and a more suitable plan for your needs in less than 5 minutes and at no charge. It gives you full access to energy company pricing data and presents in an easily understood format. By comparing to companies operating in your local area, you’ll be able to cut through the noise and receive a personalised, cost-effective electricity plan for your household or business.
GoSwitch compares electricity retailer and usage charges, including tariff, single-use tariff, time of use, daily supply rate, and solar feed rebates to determine the best value energy price plan. If you also happen to be eligible for cashback on your energy plan, they’ll make sure to include energy plans with cashback options.
- Transparent and Trustworthy Providers
With deregulation and competition, energy users can now switch their energy provider and plan whenever they want. Retailers have responded with more enticing reasons to save, like energy usage savings and electricity bundles. Comparing providers with GoSwitch will allow you to secure the best possible plan with a provider you trust.
GoSwitch can also help businesses compare gas and electricity providers to make a smooth and profitable decision. If you’re thinking about switching providers, GoSwitch can help you through the process when switching to one of Australia’s reputable energy providers.
- Planning on Moving
If you’re moving house or offices, it’s the perfect time to renegotiate your energy deal. GoSwitch will help compare electricity usage even if you’re moving interstate with significant energy providers like AGL, Energy Australia and Powerdirect.
For small and medium-sized businesses, including those with multiple locations, the energy bill is calculated the same way as residential billing, so it makes good financial sense to undertake a renegotiation if you plan on moving.
Due to deregulation, energy companies and energy plans have changed due to the fierce competition. Price fluctuations are a symptom of a deregulated industry. While electricity isn’t cheap, consumer savings can still be found and made on energy plans from major providers across Australia. With GoSwitch electricity comparison, you can find the best electricity deals for your home or small business.
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