Last updated on 22nd October 2017

Aussies fight back against energy rate rises with new comparison service

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Energy companies post million-dollar profits from customers who are apathetic about shopping around

Australia’s major energy companies are recording millions in profits as customers stress over how they’ll manage to pay the bills. For example, in 2016 AGL made $108 a year on each household, an increase from $86 the year before*.

That money you’re scrimping and saving so you don’t get hit with a disconnection notice? It’s going straight into the energy company’s pocket.

To reduce the amount you pay for your energy (and the amount that companies can profit from you), use ElectricityandGas.com.au to compare plans in your area. It’s a quick way to find out if you’re missing out on a better deal, and snap it up before it’s too late.

Here’s How You Do It:

Step 1: Select your State below.
Step 2: After answering a few questions, you will have the opportunity to compare quotes in your area and could be eligible for significant savings.

In fact, one reason energy prices are so high lately is because people aren’t shopping around. Customers who remain on a standing offer may enjoy slightly more stability on prices, but they may be paying more. Overpriced standing offers help companies compensate for the discount deals offered to new customers—deals you don’t get if you aren’t willing to compare and switch.

If that’s not bad enough, your electricity company might be gouging prices, too. By manipulating supply and demand, companies are able to charge inflated prices for gas during periods of ‘high demand,’ which has an effect on long-term gas prices.

It may seem like Australia is in a death spiral when it comes to electricity and gas prices, but there is good news on the horizon. The government is being pressured to do something about the rising cost of gas and electricity, prompting investment in infrastructure and establishing regulations that may help.

Even better, you can take steps to reducing your bill by looking for a more affordable deal with ElectricityandGas.com.au. Stop paying too much for your energy and switch to a plan offering a lower price.

A consultant will walk you through the process, making it simple to switch. No need to wait on the phone for hours in order to get through to someone at your energy company, because your consultant will manage all of that for you.

Do what you can to reduce your electricity and gas bill and let your energy company know that they can’t keep taking advantage of you. Visit ElectricityandGas.com.au for your free quote today.

*As reported by the Sydney Morning Herald

This article is opinion only and should not be taken as medical or financial advice. Check with a financial professional before making any decisions.