Best Electricity Company

Post on June 13th, 2015

Finding the best electricity company

Like the majority of Australians, you’re probably on the lookout for the best electricity electricity company with cheaper rates. The truth is that power prices are increasing dramatically in each state, and these price increases don’t show any sign of slowing down, any time soon.

This is exactly why more than 165,000 Australians have used the ElectricityWizard comparison service to compare apples to apples in seeking out a cheaper electricity retailer in just a few minutes flat. You could compare and save money on your annual power bills by inputting your information in the form below or calling 1300 557 701 for a fast quote that is absolutely free!

We understand that shopping around and seeing what different electricity suppliers are offering can seem like a daunting task, which is why we want to take that hassle off your hands. Using a comparison service like ElectricityWizard to help you understand exactly what each supplier is offering, and determine which one is going to be the best electricity company

Finding the best electricity company

We will:

Compare apples to apples, to ensure you’re comparing plans that are right for you. It’s no use looking at business plans if you’re a small household of just two. We’ll make sure you’re looking in the right direction.
Ensure the supplier offers a payment method suits you. Whether you prefer direct debit, or you’re more interested in Bpay, we’ll look into it for you and make sure you’re able to pay the way you want to.
Protect you from any “unexpected” rate rises. We’re here to give you all the information you need to help you save money on your bills, no matter how in-depth it is.
Make sure you are free to move homes without penalty. Moving home is stressful enough as it is, so you don’t want your electricity provider to make it any harder.
Protect you from a contract with other massive penalties. We look at the fine print from top to bottom, so you know exactly what you’re getting.
Get you the “solar buyback” that you deserve (for solar system users).
And much, much more!

We’re here to help you compare gas and electric suppliers and plans, so you can make the right choice for your family.

What to look for in your future electricity supplier

You might want to get started on finding a better rate from a new suppler today. If you do, that’s great! Here are a few key points you need to consider when you compare gas and electricity suppliers and plans:

Read the terms and conditions – Make sure you look at the fine print of the plan. Know the tariff your plan is on, and be aware of any caveats, clauses, or conditions. This is important so you know if there will be any rate or price changes coming your way in the future, and so you can avoid any plans that sounds like they’re not worth it.

Know the type of plan you’re getting – There are two usual types of plans you’ll find available: fixed rate plans and variable rate plans. A fixed rate plan means your usage rate is fixed for the term of your contract, while a variable rate plan means the usage rate can change, whether it’s due to the wholesale cost of energy, or at your supplier’s discretion. A fixed rate plan gives you peace of mind that you’ll always be charged the same rate (so you simply reduce your energy use if you want to save money), whereas a variable rate plan gives you the chance to potentially see your electricity rates go down.

Ask about matching rates – Ask if they are willing to match, or even beat, energy rates set by their competitors. In today’s competitive electricity market suppliers are keen to keep you as a customer, so while lowering your rates might be considered embarrassing, matching rates gives them a way to get you on board and be seen as offering a better deal at the same time.

Ask about discounts – Many suppliers can also offer discount incentives. Ask if they offer any discounts with your plan—it could be something like a discount for paying on time, or opting for email correspondence, or even setting up direct debit bill pay. But make sure you’re aware what portion of your bill is getting the discount, and how long it remains active for.

We always recommend you compare your plan every 12 to 24 months, so you can take advantage of any better deals that have come onto the market, and you keep your competitive edge.

Once you’ve locked in your cheaper power prices with a better electricity company near you, you can save even more money on your annual power bills by proactively finding clever ways to reduce electricity consumption around the house.

So if you’re looking for ways to save even more money on your bills, try looking closer to home.

Where does your electricity go? Conserve energy and save money

Leading electricity retailer Ausgrid has broken down the most common ways that electricity is consumed around the house:

Heating hot water at 37%.
Heating and cooling at 22%.
Lighting at 9%.
Kitchen appliances at 9%.
Refrigeration at 7%.
Appliances on standby mode at 6%.
Lifestyle appliances at 4%.
Washing and drying clothes at 3%.
Other at 3%.

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When you add the energy expenditure for heating, cooling, and using a hot water system together, it can account for up to 60% of your total energy usage around the house!

To conserve energy and reduce your annual power bills dramatically, here are some helpful tips that you can start using today—and most of them won’t cost you a cent:

Take shorter showers. Since up to 33% of your yearly energy usage is consumed by your hot water heater, taking shorter showers and installing a low flow showerhead could save you up to $140 on electricity each year.

Use gas heating. If you want to reduce your energy bills and benefit the environment at the same time, gas heating will emit roughly 33% of the greenhouse emissions as a traditional electric heater. On top of that, it’s much cheaper to run at only $148 per year as opposed to $294 per year for under floor heating.

Another environmentally-friendly way to reduce your energy bills is by using natural methods to cool your house during summer. Close your windows, blinds, and curtains during summer to keep the sun’s heat out, and open them up when the sun goes down to let in the cooler evening air.

Instead of using the air conditioner, use the fan instead. A fan ends up being around 80% cheaper to use, which can help you save up to $200 a year on your electricity bill.

If it does get hot enough that you need to switch on your air conditioner, don’t set it too low. The optimum temperature for cooling down a house on a hot summer’s day is between 23°C and 26°C. You can save up to roughly $80 on your power bill this way, as for each degree that you increase it you’ll save roughly 10% on the cost of electricity it uses.

The same goes all year round. Keep your home at a stable temperature by setting your thermostat at 23° to 26° in the summer and 18° to 21° in colder weather. Keeping your house at a comfortable temperature year-round could reduce your energy consumption for heating and cooling by up to 10% per year.

Turn off all the lights in your home that you don’t need on. It sounds obvious, but this will play a huge part in saving energy. Leaving unnecessary lights on leads to unnecessary costs, so only have the light on for the room you need to be in. Switch off and save.

Turn off any non-essential appliances at the wall, instead of leaving them on standby mode will. Appliances like computers, TVs, dryers, washing machines, microwaves, kettles, and even phone chargers are making a big dent your power use, so switching them off at the wall, or unplugging entirely, will save you dramatically.

Dry clothes outside instead of in the dryer. We’ve got lovely weather in Australia, so why not make the most of it? Drying four loads of laundry outside, instead of using your dryer, can reduce your electricity bill by almost $150.

The average four-person Australian household can comfortably survive on one fridge, so a second fridge is just a power-drain. Older fridges use anywhere from two to three times more electricity than newer, energy-efficient models, and running on only one fridge has the potential to save you up to an estimated $200 a year on your bill.

Running high-draw appliances like the dishwasher or washing machine during off-peak times means you’ll be charged less for your use. So find out what hours your retailer considers to be off-peak, and do your washing or wash your dishes then.

These are some easy, cheap steps you can take today to help reduce your energy use and save on your power bill. If you couple these steps with an energy supplier comparison to find the best electricity electricity company, you’ll be getting twice as much savings for your home, and will be doing your bit to combat rising utility costs.

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 a great 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?

Try us today! Call Electricity Wizard now on 1300 359 779 or fill out your details below to have one of our comparison specialists help you get a better deal on your energy bills starting today!

for you both now and in the long term, makes the job much, much easier.