Post on June 16th, 2015
New South Wales is home to the largest electricity market in Australia, serving 3 million homes and 350,000 businesses. Electricity distributors in New South Wales are owned by the government.
The New South Wales government, along with IPART, set price maximums on electricity price plans each year to regulate how much consumers can be charged. An electricity distributor can charge below or above these set prices through market contracts, although this occurs very rarely.
Most energy retailers in New South Wales will use regulated prices in their standard pricing structure and then offer additional discounts on bills in order to attract customers.
The New South Wales electricity market is divided up into three electricity distributors:
- Endeavour Energy
- Essential Energy
These companies are responsible for reading meters, maintaining power lines, and fixing faults. Based on each distributor, each household will have a different tariff and a different rate structure depending upon the electricity meter used. Each distributor may charge different rates for each meter, which could fluctuate from 2% to 10%.
12 New South Wales and Sydney Electricity Suppliers
Electricity suppliers retail electricity from electricity distributors to homes and businesses. These retailers don’t always own the wires and poles, but they purchase electricity from distributors in bulk and sell it on to their customers.
There are currently 12 electricity suppliers in New South Wales:
- Australian Power & Gas
- Country Energy
- Dodo Power & Gas
- Energy Australia
- Integral Energy
- Lumo Energy
- Origin Energy
- Red Energy
The Fastest Way to Better Rates in NSW
The easiest way to save time and headaches and to get all the information you need, is to call an energy broker like ElectricityWizard. We will find the plan that best meets your needs and ensure you receive accurate information about which supplier is the right one for you. More importantly, you’ll speak directly to a person who has the answers. They will answer all of your most pressing questions. It only takes four minutes to get better energy rates.
Call 1300 763 708 or simply fill in the form below, and we’ll call you back right away.