Which Electricity Company Has the Cheapest Rates in Australia?

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Which Electricity Company

Post on June 13th, 2015

Although power prices vary on a state-by-state basis, you could find out which electricity company has the cheapest rates in Australia by comparing electricity retailers near you. When you compare, find a great deal, and make the switch, you secure more affordable prices on electricity and gas.

Using a simple electricity comparison service like ElectricityWizard is utterly convenient and could save you money on your annual power bills in under 5 minutes! This is precisely why more than 165,000 Australians have compared with us to help them get cheaper prices on their annual power bills.

If you want to find out which electricity company is most affordable near you, this is a great place to start. Simply fill in the form below for more information or call 1300 557 701 to get a free quote at no obligation to you!

The Cost of Electricity State to State

Based on an electricity review by Gizmodo for a three-bedroom house with five people, here are the average annual rates for electricity by state when using an electricity comparison service:

  • QLD: Ranging from $1658-$3975 per year.
  • NSW: Ranging from $1693-$4731 per year.
  • VIC: Ranging from $1753-$3037.43 per year.
  • SA: Ranging from $2224-$4374 per year.
  • TAS: Ranging from $3989-$4872 per year.
  • NT: Ranging from $2826-$2950 per year.
  • ACT: Ranging from $2022-$3935 per year.

It’s astonishing to realize how wide a range different households pay for electricity in each state! If you don’t take the time to compare electricity retailers to find out which electricity company has potentially more affordable prices near you, you could pay several thousand dollars more than necessary on your annual power bills.

With this information in mind, it’s more critical than ever for homeowners to become savvy consumers. It’s no secret that electricity prices are rising throughout Australia and will only continue to get more expensive as the Federal Carbon Tax is implemented nationwide.

While the Federal Carbon Tax is putting pressure on pricing in the electricity market, it’s not the only factor that continues to drive up electricity rates for customers in each state. Energy experts also point the finger at the way electricity networks are run in Australia; outdated government rules regulate the electricity market and encourage an overwhelming demand for electricity in peak periods to keep profits high.

One solution may be to increase peak electricity rates so that customers are discouraged from using power during peak periods. This will reduce the demand for electricity overall to relieve the massive burden on electricity networks. As a result, electricity bills for customers will ultimately decrease to help control rising electricity prices.

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. We are here to help you 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!

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