Electricity Company Comparison
Post on June 13th, 2015
Would you believe it if we told you that most customers don’t take the time to compare energy rates to find lower prices available in their area? If you haven’t yet used an electricity company comparison, you are likely paying far too much on your annual energy bills.
This is where ElectricityWizard comes in. We will do the hard work for you to compare apples to apples to help you find the right rates, price packages, payment options, and terms and conditions for your household energy bill.
To take advantage of potential savings, you can call us directly at 1300 359 779 or fill in the form below for more information!
Make the Switch to Reduce Expensive Power Rates
The unfortunate truth is that it is difficult, if not impossible, to compare all leading energy retailers in your area to find lower rates. While doing an electricity company comparison isn’t easy, ElectricityWizard has the skills and knowledge you’re looking for to help you locate the right energy provider with more affordable rates in your area in a few minutes flat.
It’s no wonder that more people than ever before are relying on an electricity company comparison to find cheaper rates and save on annual power expenses. In Victoria, up to 28% of customers switch electricity suppliers each year! This is followed by 26% in South Australia, 20% in New South Wales, and 15% in Queensland.
The reason why? In each state, electricity prices continue to grow and are only anticipated to become more expensive year after year. For many households on a limited budget or fixed income, it will make it nearly impossible to afford basic utilities as the years go by.
According to the Australian Energy Market Commission, distribution costs are the driving force that will increase electricity prices up until 2013/14. On a national level, residential electricity prices are expected to increase by up to 37% nominally, which has been adjusted into real terms as an increase of 22% state-to-state.
Factors contributing to electricity price increases can be broken down as:
- 6% for electricity transmission to meet growing demand.
- 34% for electricity distribution to meet peak demand and replace outdated structures.
- 40% for wholesale electricity to enable changes in electricity generation sources.
- 12% for retail electricity to provide electricity to residential customers.
- 3% for renewable energy targets to meet the 20% target by 2020.
- 3% for feed-in tariffs and other state based schemes at 2%.
Starting with an electricity company comparison is the only way to make sure that you are paying lower rates to compensate for rising electricity prices in each state. Take the time to compare and make the switch today!
Get a Better Deal on Your Electricity Bills
At Electricity Wizard, we do all the hard work for you. When you call us, we’ll compare your rates and plans against our preferred suppliers available in your area and help you select the right plan for you to cut down costs and meet any other criteria you may have. Best of all, our service is completely free – so what do you have to lose?