Our electricity supplier sent us an email with the nondescript title of ‘Energy Market Pricing Review’ in which they jacked up our supply charge by 13% and usage rates by 53-72%
I went on the Aust Gov energy comparison website (energymadeeasy.gov.au), entered a few details, went to the lowest priced option, followed the link to their website, and signed up, all within 15 minutes
I’m not saying which retailer because this is not an ad, and it will be different everywhere
The new plan will save $18 per month just in the supply charge, and has cheaper usage rates!
If your energy company is taking the piss too, tell them to get fucked. If they call to ‘Ask what they can do to keep you’ or ‘Find out how they can do better’ just hang up. They have no decency, and nothing they say should sway you to give your money to companies that treat you like garbage
If you are in Victoria, you should be using the comparison website every year:
https://compare.energy.vic.gov.au/
It will find the cheapest plan based on your usage over the past year.
In general, you can usually lock in a rate for ~12 months - after which point in time you will switch to the default rate (which will be higher, but is still capped versus how bad things used to be).
Thanks, this is the nudge I needed to review mine!