ACT electricity prices could rise by 17%, regulator warns: What can you do?
ACT energy prices are likely to rise, but there are ways to avoid the sting.
Read more…ACT energy prices are likely to rise, but there are ways to avoid the sting.
Read more…Around 5.5 million households across Australia will be compensated for cost of living pressures.
Read more…Australian households are resorting to drastic methods to save on energy bills this summer, according to new research by Finder.
Read more…This is how much you are charged per MJ of gas consumed. A lower usage rate means you pay less per MJ. Putting all other discounts aside, you want usage rates to be as low as possible to save money.
This is the amount you pay daily for being connected to the gas network, independent of usage rates. Your total supply charge is this amount multiplied by the number of days in the bill period. This is typically found on the second page of your bill in the "your gas usage" calculation or detail section.
Having a copy of your previous gas bill handy can give you a breakdown of your general usage and how much you're paying for it. Knowing this will help you compare plan details from other providers.
Natural gas is often charged on a block tariff, where usage rates fall after you hit certain thresholds of gas use per day. If you use quite a lot of natural gas daily, finding a plan where usage rates drop significantly with use could benefit you.
Look out for additional costs that can vary between providers. These include credit card fees, move-in costs, disconnection fees and paper bill fees. All fees will be listed in the "fees" section on the plan's information sheet.
You'll find providers offering 1 to 2 types of discounts. Guaranteed discounts apply for a certain period of time (usually 12 months) after signing up with the retailer. Conditional discounts mean you will only receive the benefit so long as you meet the conditions, which might not be practical or possible all the time for you or your household. It's better to look for guaranteed discounts that you'll receive no matter what.
Most benefits, fixed rates, and discounts mostly run out after 12, meaning your rates may rise or change significantly after the benefit period ends. Comparing your plan every year or so can help you keep costs down and take advantage of new offers.
Why compare energy plans with Finder?
We don't charge extra. Prices shown on Finder are the same as those you get directly from energy providers.
We update our plans from providers daily so you can make an informed decision.
We've helped over 1.39 million people compare energy plans in the last 3 years.
It's rare you'll get a bundling discount for both gas and electricity from the same provider.
It's always better to compare the 2 separately to see if you can get cheaper deals for electricity and gas from different providers.
Sometimes you'll come across gas plans that can only be accessed if you sign up for an electricity plan with the same provider. Just make sure you're happy with the rates for both plans before committing.
Besides comparing gas plans to save money, you can also make certain changes around your home to reduce. Here's a rundown of some tips to help you out:
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Find out if your gas rates are more or less than the average in your state.
Find a better plan and avoid the price hikes.
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