Gas And Electricity in Sydney
Post on June 13th, 2015
As a resident of Sydney, you are probably all too familiar with the fact that the city has an astronomical cost of the living rate, gas and electricity in Sydney continues to rise year after year. According to a cost of living survey of more than 130 cities by the Economist Intelligence Unit, Sydney has been ranked as the most expensive city in the world!
Just a decade ago, Sydney was 25% cheaper than living in New York City, yet the cost of living in Sydney has risen by almost 50% to date. To give you a better example, the cost for a loaf of bread in Sydney has almost doubled within the past 10 years, while prices for petrol have increased threefold.
It’s no wonder that residents in Sydney are looking for the best ways to save in all areas of their lives to make the rising cost of living more affordable. This cost of living increase has affected prices for a wide range of products and services, including rent, food, transportation, and even utilities. For the many homeowners in Sydney who are living paycheque to paycheque, paying too much on monthly utilities is simply unacceptable.
Fortunately, if you are looking for cheaper electricity and gas in Sydney, you have the potential to save hundreds of dollars a year on your annual power bill with a simple electricity price comparison and switch. Individual electricity retailers provide different rate packages for customers, which you can take advantage of by using ElectricityWizard’s quick, convenient cost comparison service to save money today.
To get started on big savings simply fill in the form below for more information or call 1300 763 849 to speak with one of our skilled representatives at no obligation to you.
Lower power prices in minutes!
Thank goodness that switching gas and electricity retailers in Sydney has never been easier. Years ago, comparing and switching electricity and gas providers was overwhelming, time-consuming, and frustrating at best.
Today, using a quick, convenient electricity comparison service like ElectricityWizard makes the job easy to provide quick savings in minutes. To compare and switch electricity and gas providers today, all you have to do is provide your energy consumption information and postcode, and we’ll give you up-to-date results on any cheaper rates in your area in just a few moments.
For all Sydney residents who are struggling to keep up with the rising cost of living, the choice is clear. The most likely and easiest way to save money is with an electricity and gas comparison to find lower rates on your annual power bills today.
How to compare Providers for Gas and electricity in Sydney
Having a deregulated energy market in Sydney means you can take advantage of the competition that’s on offer. There are currently over 20 energy retailers operating within Sydney and NSW:
- 1st Energy
- Alinta Energy
- Blue Energy
- Click Energy
- Commander Power and Gas
- Diamond Energy
- Dodo Power and Gas
- Energy Locals
- Enova Energy
- Mojo Power
- Momentum Energy
- Next Business Energy
- Origin Energy
- Pooled Energy
- Red Energy
- Simply Energy
With so many options available, it can often seem overwhelming. How do you know who to choose?
The key to choosing is to treat it like you would anything else, just think about it logically, grab a pen and paper, find your latest energy bill, and start a list. Here’s what we recommend looking at to help make your decision.
First, forget about the companies. Work out what’s important to you. Whether it’s cheaper rates, a locally-owned business, or a company that’s doing what they can to be green, there’s bound to be a supplier out there that suits you.
Once you’ve worked out what’s important to you, have a look at your energy usage.
Has it changed in the past few bills? What does the trend look like? Knowing your usage is important when determining what type of plan you should go for.
When it’s time to look at suppliers and plans, there are a few things you should pay attention to when shopping around:
- Know what type of plan you’re getting – There are two general types of energy plans available, fixed rate plans and variable plans. A fixed rate guarantees you one usage rate for the lifetime of your contract, so you always know what your usage fee will be. A variable rate plan is open for your rate to change without warning, based on wholesale energy prices—so if this price goes down, so too does your rate.But if it goes up, expect your energy bill to go up, too.
- Check the fine print – It might be boring, but carefully read the terms and conditions of any plan you’re seriously considering, and make note of what it says about tariffs, rates, and any fees. Know what you’re getting yourself into, so there’s no potential to get slugged with any surprise fees.
- Can they match rates? – With such a competitive market, energy suppliers are keen to get you as a customer, so a lot of them are willing to match, or even beat, rates offered by other suppliers. It always pays to ask if they can do this, which gives you the opportunity to get the best rate, with a supplier you trust.
- Do they offer any discounts? – A lot of suppliers also offer discounts, to make their plans seem more attractive. These can work in your favor, and you can end up receiving discounts on something as simple as setting up email correspondence or having your bill gets debited automatically.But make sure you know what your bill is providing a discount for—there can be a significant difference between a discount on your usage rate as opposed to your whole bill, so be sure to know which one it’s for.
To stay on top of the market, it’s recommended that you compare your plan every 12 to 24 months, so you can check to see whether you’re still getting the best deal, and to take advantage of any new technologies that may now be in use.
To make the most of the better rates you’re likely to get, here’s a list of our best practical steps that you can take to help you reduce your energy usage, and save even more money on your bill.
And the best bit is these won’t cost you much at all.
Reduce your Gas and Electricity in Sydney, using in nine easy steps
- Turn off the computer when you aren’t using it. Computers are power-hungry things, and a lot of them run on 300+ watt power supplies that suck down power whenever they’re turned on, so turning it off when you don’t need it will make a big difference to your electricity bill.
- See which other appliances you can switch off, while you’re at it. Switching off devices like the TV, washing machine, dryer, kettle, microwave, and your phone chargers, can make quite a dent in your bill. Each of these small changes will add up over the year.
- Try more natural ways of heating and cooling your house. In summer, make sure to keep your windows, curtains, and blinds closed during the day—this stops a lot of the heat from the sun from getting in. When the sun starts to set open up your home and let in the cooler evening air.
- Use the fan instead of reaching for the air conditioner remote. A simple fan can use up to 80% less energy than an air conditioning unit and may be able to save you up to $200 a year.
- If absolutely have to use the air conditioner, set it to between 23°C to 26°C in summer, and 18°C and 20°C during winter. Every degree that you adjust the temperature has the potential to save 10% on its energy use and can save you a remarkable amount of money throughout the year.
- Do you need to use the dryer for your laundry? Drying your clothes outside in the fresh air not only is better for the environment but swapping four loads of laundry a week from your dryer to the great outdoors can save you up to $150 a year on your energy bill. Not bad!
- When you do use larger appliances like your dryer, washing machine, or dishwasher, run them at night, outside of peak energy use hours. The peak times normally occur from around 7am—8pm, due to higher energy demand, and incur higher energy usage rates.
- Whenever a light bulbs blow, switch it out for a newer energy-saving bulb. Energy-saving bulbs use up to 25% less electricity than a regular bulb, and with the amount we use our lights, this can add up to huge savings through the year.
- An average household of four can comfortably use one fridge—so how many do you have running? Operating the second fridge isn’t only wasteful, but it’s also a costing you lots. Older fridge models can use up to two or three times as much energy as newer models, and getting rid of the second fridge can save you up to $200 a year on your bill.
So while the cost of living might be hitting pretty hard, there are always ways you can save on your energy bill, and if you still need some advice on how to save on your bill, well—that’s where we can help.
We’re here to help you save
ElectricityWizard allows you to quickly and conveniently compare through an assortment of electricity providers and plans in your area. One of our trained specialists can help you find great available rates and options in your service region so that you can choose a plan that better meets your needs, one which could save you money.