Electricity Company Brisbane
Post on June 13th, 2015
Brisbane is part of the third-largest electricity market in Australia, after New South Wales and Victoria. Brisbane residents can now take advantage of full retail competition in the electricity market as of July 2007. Before retail competition was introduced to Queensland, Brisbane residents didn’t have the freedom to choose their own electricity provider.
But today, customers in Brisbane have the power of choice on their side. Customers could be able to easily find a cheaper electricity company in Brisbane in just a few moments by using a free, convenient electricity comparison service.
If you haven’t taken the time to compare your electricity rates, then you’re probably paying too much for electricity. By using ElectricityWizard’s free electricity comparison service, you can get a no obligation quote on potentially much cheaper electricity retailers in your area to save you money on your annual power bills.
To find out more information, simply call us at 1300 763 849 or fill in the form below to receive a fast quote on possibly much cheaper electricity rates. The service is absolutely free!
Rising Electricity Prices in Brisbane: You Could Save Money with Electricity Comparison
After a complete review by the Queensland Competition Authority, electricity rates state-wide were increased in July 2011. The average electricity price increase per household was 6.6%; the reason for rising electricity prices was to create funding to invest in the repair and renovation of the electricity network throughout the state.
According to a leading electricity company in Brisbane, Origin Energy, customers may pay the following average electricity prices per household:
2 MW – Low electricity usage at $560 per year.
5 MW – Medium electricity usage at $1243 per year.
8.5 MW – High electricity usage at $2040 per year.
As an electricity customer in Brisbane, it can literally pay big to question and compare your regular electricity rates. Depending upon the electricity retailer that you use, you could reduce your average electricity costs this year and cut down on total energy expenses.
Your annual electricity prices will also depend upon the type of electricity meter that is installed in your home. While some homes operate on single-rate meters to pay the same price per kilowatt hour of electricity used at any time of day or night, other homes measure electricity with off-peak meters that will provide cheaper rates for electricity used in off-peak periods, such as at night when electricity is in lower demand.
If you have an off-peak meter at home, you can tie your electricity meter to large output appliances like hot water storage units to pay a lower price on off-peak electricity to reduce your annual power bills even further.
How to Compare Electricity Providers
ElectricityWizard allows you to quickly and conveniently compare through a host 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 and saves you money.