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Guide To Connect and Compre Energy Providers in VIC
Victoria
Victoria is a southern state in Australia celebrated for its stunning landscapes, delightful cities, and lively culture. It attracts both tourists and locals and offers a wide array of experiences. Victoria has around 6.9 million residents.
Major Cities
- Melbourne: As the state capital, Melbourne boasts a cosmopolitan vibe with a flourishing arts scene, top-notch sports events, and a lively food and coffee culture.
- Geelong: Situated on the western side of Victoria, Geelong is a smaller city known for its lovely beaches, historical landmarks, and laid-back atmosphere.
- Ballarat: Renowned for its gold mining heritage, Ballarat features charming historic buildings, museums, and a vibrant arts community.
- Bendigo: This historic city, with its gold mining background, is famous for its stunning architecture, museums, and lively festivals.
De-regulation in Victoria, Australia
Each state and territory in Australia has the autonomy to establish its laws and regulations, including those governing the energy market. In 2002, and Victoria were the first states to implement Full Retail Competition, permitting private energy retailers to participate in the energy market. Victoria set the pace when it became the first state to deregulate its energy market fully in 2009. This change made the energy market contestable, allowing private companies to compete for customers, leading to healthy competition in the energy sector.
The increased competition opened up by the Victorian government led to more consumer choices, job creation, and an increased tax intake, supporting the state’s overall economic growth.
Before deregulation, government-controlled entities had a monopolistic hold on the Victorian energy market, selling energy to consumers while regulating prices and terms—this limited competition and innovation in the market.
Economic Benefits
Deregulation has boosted the state’s economy by increasing employment opportunities in energy production and encouraging the entry of more private energy firms, whose taxes have increased state revenue. This has stimulated economic activity across related sectors.
Key Players in the Market
Original Retailers: AGL, Origin Energy, and EnergyAustralia (originally TRU Energy) were the first three energy retailers to enter the deregulated market and became known as default energy retailers. These retailers were automatically allocated to customers who did not actively seek a provider. As default retailers, they played a significant role during the early period of market competition.
The Victorian Government established a new market to safeguard consumers during the transition. The VDO is an electricity standing offer with fair and reasonable pricing, set annually by the Essential Services Commission to protect customers who do not engage in the competitive market from higher prices.
Market Offers and Standing Offers
Victoria’s deregulated market offers two main types of plans:
Market Offers: These are offers made to consumers by energy retailers operating in a competitive market. Market offers have varying levels of discounts, incentives, or other beneficial terms and conditions intended to acquire or retain customers. They often have variable pricing and can change based on market conditions, potentially offering better rates than the VDO.
Standing Offers: Standing offers serve as a last resort for consumers who do not choose a market offer. They are more expensive and regulated by the VDO, with capped pricing to allow a fair default rate. These offers are less competitive but provide customers with basic services and price protection.
Comparing Suppliers and Energy Plans
Why Comparison Is Important: In a deregulated market, comparing energy plans is key to maximising savings. The VDO is a reference point, but many market offers can provide better rates and conditions than the VDO. Comparison tools like the Moveinconnect website help consumers explore their options and help you connect to them.
Comparing and connecting to energy plans in Vic for your home or business can result in substantial savings and cheaper energy bills, especially for customers on a standing offer or those who have not reviewed their plans recently. Energy retailers often offer special deals, sign-up incentives, or one-off discounted rates.
This typically involves comparing plans and contacting the new provider. The transition is smooth and usually without service disruptions, as many providers handle the entire switching process for the consumer.
So, if you’re moving homes, comparing plans to find a better plan for you may be helpful. Moveinconnect can also simplify your move. We assist you in comparing and connecting to the most suitable energy plans and managing all essential utilities, including gas and electricity. Our platform allows you to efficiently compare options from various providers on our panel, tailored to your specific needs and location. With Moveinconnect, you can save time and money while ensuring a seamless transition to your new home.
Navigating Victoria’s Energy Market
The deregulation of the energy market in Victoria allows consumers to choose an energy plan that suits their needs. The VDO provides security, and the market offers tools and options that enable consumers to manage their energy costs effectively.
Steps You Can Take
- Check your energy plan regularly, especially around July 1 each year, as rates are often adjusted.
- Use comparison websites like Moveinconnect to compare and connect to plans better suited for you.
- Consider switching to a market offer if it provides better rates or conditions that suit your home or business needs.
of a deregulated market and ensure they get the best value for every kWh of energy used.
Numerous new power suppliers have entered the market, pressuring power prices lower. Ultimately, you determine which retailer you want to use and how much you will pay for energy. Customers who compare prices and take advantage of increased competition can save money on their gas and electricity bills by moving to a provider that meets their energy needs at a price that fits their household utilities budget.
Because Victoria’s energy market is deregulated, energy retailers are free to determine their rates, making the gas and electricity sectors more competitive with a range of energy plans. Higher levels of commercial rivalry from more players offering energy plans lead to more competitive energy pricing as providers strive to attract more customers.
You also have options for renewable energy. For electric connections in Victoria, you can select a renewable energy plan. Energy-efficient solutions increase the production of renewable energy and diversify the electric industry. This supports cleaner power generation, reducing emissions and dependence on greenhouse gases derived from fossil fuels.
If you have solar panels to optimise your electrical supply and can return surplus energy to the grid, you might qualify for specific solar feed-in tariffs. You can evaluate the solar feed-in tariffs provided by various electricity providers in Victoria and potentially receive a credit on your electricity bill.
Reforms of the Energy Fairness Plan
The Energy Fairness Plan was introduced by the Victorian Government in November 2018 and implemented to take on board the Thwaites Review’s eleven recommendations. The plan aimed at delivering improved consumer outcomes by reducing electricity and gas prices for households and businesses, improving market fairness in the energy retail market, and enhancing consumer rights in Victoria.
Key reforms included banning door-to-door sales and cold calling, outlawing confusing discounting practices, and mandating more transparent energy bills so consumers better understand their charges and compare offers. It also introduced penalties for energy retailers who breached the rules on fair treatment, holding them accountable for providing consumer protection. The VDO was expanded under the Energy Fairness Plan to be fair and reasonably priced for those who weren’t actively comparing prices. Overall, the plan aimed to achieve a more transparent and competitive energy market, allowing Victorians to effectively manage their costs towards this service.
Types of Meters in Victoria
Customers in Victoria are free to select or upgrade their electricity meter to meet their specific energy requirements. Traditional and smart meters differ in terms of features.
- Smart meters: They reduce the need for manual readings and improve billing accuracy by automatically sending meter readings to your energy provider.
- Installation and Upgrades of Meters: Speak with your energy supplier about installing or replacing new meters.
- Additional Connections: If you’re considering adding a gas connection, find out about dual meter installations.
Selecting the appropriate meter can help you manage your energy usage more effectively by ensuring you pay only for what you use.
The Advanced Metering Infrastructure (AMI) program of the Victorian Government in 2006 required all homes and small businesses in the state to be equipped with smart meters. Smart Meters have many benefits:
- Remote Meter Readings
- Smart meters provide accurate real-time information about electricity consumption. Thus, there will be no more estimated bills or manual meter readings.
- Energy Usage Monitoring
- You can see your usage almost instantly using web portals and in-home displays. You will, therefore, have greater control over how much energy you use each day. It’s also simple to keep an eye on the proportion of solar and grid power you use and to adjust your consumption habits to optimise your solar output.
- Alerts Regarding Energy Use
- You can configure your system to send you alerts when it detects excessive energy consumption so that you can take appropriate action
- Cheaper and Easier When Moving Homes
- Manual disconnection and reconnection fees range from $40 to $100+, depending on the distribution area and connection time. Remote connections and disconnections don’t incur a fee.
- Easier to Switch Retailers
- Meter data can be read every 30 minutes. It is less expensive and simpler to connect, disconnect, or transfer to a new electricity supplier. You can start saving right away and switch to a better plan.
- Better Prices
- Flexible pricing refers to different rates for electricity at different times of the day. Smart meters with remote reading capabilities offer flexible electricity pricing or flat rates.
- Quicker Identification of Faults and Outages
- Smart meters can instantly alert your distribution company if your power goes out. The following reasons these outage alerts can expedite power reconnection: The issue can be identified immediately, allowing repair teams to prioritise tasks and work on the problem sooner. After that, smart meters can confirm that every meter has restored power.
- Notifications of SMS outages
- Sign up for a free SMS service from your distribution company to be informed when there are significant power outages. You will receive information regarding local outages and the anticipated time of restoration.
Who’s in Charge of My Smart Meter?
Victoria’s five electricity distributors install smart meters. The wires and poles that supply power to homes and businesses are under their ownership and management. The distributors for Victoria are:
Retailer | Service Area | 24/7 Contact | Customer Service |
AusNet Services | Outer northern and eastern suburbs and eastern Victoria | 13 17 99 | 1300 360 795 |
CitiPower | City and Inner suburbs | 13 12 80 | 1300 301 101 |
Jemena | Northern and north-western suburbs | 13 16 26 | 1300 131 871 |
Powercor Australia | Western suburbs and western Victoria | 13 24 12 | 13 22 0 |
United Energy | Southern suburbs and Mornington peninsula | 13 20 99 | 1300 131 689 |
Victorian Default Offer (VDO)
Although electricity providers can determine their rates, the Victorian Government has created the Victorian Default Offer (VDO). If Victorian consumers last looked for a better deal on their plan a while ago, the VDO helps ensure they pay less for their electricity usage.
The VDO acts as a cap and protects consumers from being overcharged for electricity and gas. This benefits consumers who don’t shop around or if their market offer benefit period ends. They are put on the VDO or standing offer.
Although this decreases costs for people who don’t shop around for electricity in Victoria, providers also provide discounted plans that are less expensive than VDO.
If you live in Victoria and use the VDO, you might pass up cheaper energy bills elsewhere.
The Victorian Default Offer protects you if you are on a standing offer, which indicates that you still need to select a particular plan to meet your needs. You can verify with your retailer or examine your bill to see if you are on a standing offer. Your electricity costs will change depending on our decision if you are on the Victorian Default Offer.
It is only sometimes the case that the default offer is the best deal. Your power bill may decrease if you move away from a standing offer.
Most customers are on market offers, not standing offers. Market offers are frequently more affordable, and energy suppliers can choose the applicable terms and conditions. When promoting their energy plans, all energy retailers must specify how much higher or lower their offers’ prices are compared to the Victorian Default Offer. Customers can use this to compare prices offered by the market and select a plan that best suits their needs.
Victorian energy law states that your retailer must help you if you are a residential customer with problems paying your bill. Contact your energy provider immediately to learn about payment plans, available concessions, rebates, and utility relief grants.
Victorian Default Offer Flat Tariffs for Residential Customers (GST Inclusive)
Distribution Zone | Supply Charge ($ per day) | Usage Charge Structure | Usage Charge ($ per kWh) | Controlled Load 1 ($ per kWh) |
AusNet Services | $1.3354 | Block 1 (up to 1020 kWh used in a quarterly period) | $0.3536 | $0.2512 |
Block 2 (balance of usage in a quarterly period) | $0.3617 | |||
CitiPower | $1.1673 | Anytime | $0.2575 | $0.1901 |
Jemena | $1.2105 | Anytime | $0.3054 | $0.2362 |
Powercor | $1.3163 | Anytime | $0.3045 | $0.2226 |
United Energy | $1.0955 | Anytime | $0.2884 | $0.2105 |
Victorian Default Offer Flat Tariffs for Small Business Customers (GST Inclusive)
Distribution Zone | Supply Charge ($ per day) | Usage Charge Structure | Usage Charge ($ per kWh) |
AusNet Services | $1.3354 | Block 1 (up to 1020 kWh used in a quarterly period) | $0.3837 |
Block 2 (balance of usage in a quarterly period) | $0.3945 | ||
CitiPower | $1.3583 | Anytime | $0.2529 |
Jemena | $1.4055 | Anytime | $0.3182 |
Powercor | $1.4594 | Anytime | $0.2797 |
United Energy | $1.2865 | Anytime | $0.2742 |
You can also find out more information on VDO by contacting them at:
- Email address: VDO@esc.vic.gov.au
- Address: Essential Services Commission, Melbourne, Victoria 3000, Level 8. 570 Bourke Street
- Contact number: 1300 664 969
Comparing Plans in Victoria
There are several different energy plans in Victoria. If your current residential plan does not provide a discount or an affordable hourly rate, this is the time to compare. If you are moving homes, it is highly recommended that you find a competitive energy plan. Most movers don’t take saving money on utilities into account. They leave it for the hour or suggest the utility provider suggested by real estate. Moveinconnect allows consumers to compare and move both.
Examine tariffs to select a plan that works for you. If you work from home, a time of use (TOU) tariff may save you money if you have a smart meter. People who work from home during off-peak hours may find it advantageous to have a TOU tariff, which charges electricity at different rates for different periods.
When you’re moving homes and looking for better plans, comparing them can help you find a new discount on your energy usage or receive credits from the introductory offer.
Cost of Energy in Vic
The amount you pay for gas and electricity varies based on your retailer and tariff type.
According to single-rate tariff plans in our database, the average cost of electricity per kilowatt-hour (kWh) is approximately 30–31 cents.
Gas costs between 2.63 and 3.61 cents per megajoule (MJ). Gas plans typically have tiered rates, meaning the price can change based on how much energy you use over the quarter or month.
Depending on your energy distributor, energy supply costs can range from 108.63 cents for electricity to 105.95 cents for gas.
Setting Up Electricity When Moving Homes in Victoria
There are expenses associated with connecting your Victorian home or place of business to the electrical grid, so it’s wise to be prepared in advance. These can change based on your unique situation and the provider you’ve selected, but here’s a basic summary:
The “connection fee” is the one-time cost of physically connecting your property to the electrical grid. It covers the materials and labour costs.
Metering Fees: Installing or updating your electricity meter may incur costs from some providers.
About Internet Services and Moveinconnect
When you move, Moveinconnect makes it easier to set up your utility and internet connections. We offer a variety of internet options, including NBN, 4G, and 5G, in collaboration with leading providers on our panel like Optus, to make sure you get the best and fastest connection possible. We also provide Foxtel services for those who want to add entertainment to their move. We assist you in comparing plans to determine which is best for your needs, whether you’re moving into an apartment or a house. Moveinconnect makes it simple to manage your utilities and connect to the internet simultaneously, with reliable providers, whether you’re using mobile broadband or NBN.
Why Should You Compare Internet Plans If You Rent an Apartment?
It’s important to compare internet plans if you live in an apartment to make sure you’re getting the best value. Many apartment buildings are configured with embedded networks or particular providers, which may not always provide the best speeds or rates. It’s possible that you’re stuck with a plan that doesn’t fit your needs or is overspending.
You can explore options, such as NBN, 4G, or 5G, that may provide better value, faster speeds, or more data for less money by comparing internet plans with Moveinconnect. You have the freedom to compare plans to find one that better fits your needs both financially and lifestyle-wise, even if your building has a preferred provider. Compare options before choosing one; you’ll save money and have a better online experience.
Moveinconnect can also help facilitate your move by handling the utility connection process in Vic.
Comparing Tariffs and Plans
The Victorian state government ordered all homes and small businesses to install smart meters in 2006.
Every 30 minutes, smart meters track how much electricity is used, instantly sending the information to your electricity distributor. Thanks to this, there are no more manual readings or estimated energy bills.
Things are getting more complicated at this point. The pricing structure for energy plans—specifically electricity plans—isn’t straightforward due to their capabilities. You can choose from various tariffs or automatically enrol in one unless you opt out.
Tariffs for Electricity Victoria
- Single rate: You will be charged a single rate regardless of the time of day you use energy.
- Time of Use: Your usage rates will change depending on peak and off-peak hours. The “shoulder period,” which occurs between peak and off-peak times, might also have a different rate. Generally speaking, peak times have higher usage rates.
- Demand: Certain plans impose a demand charge in addition to a single rate or Time of Use tariff. The charge is calculated based on the maximum power taken from the grid during peak hours. Depending on your peak demand during a given season, year, or month, it can be charged daily, weekly, or monthly.
- Controlled load refers to homes where appliances like electric pool pumps or hot water systems are metered separately.
Several electricity tariffs require you to know peak, off-peak, and shoulder times to properly manage your electricity usage. The times listed below are merely suggestions, as electricity providers in Victoria have the authority to determine when various tariffs are applicable:
Weekday afternoons and evenings are prime times (4 p.m. to 9 p.m.).
It is considered off-peak when most people are asleep or not in the house (10 a.m.-2 p.m.). Other times are shoulder periods (9 p.m.–10 a.m. and 2 p.m.–4 p.m.).
Gas Tariffs in Vic
In VIC, gas tariffs come in two varieties, though most providers typically prefer block rates
Flat rate: This one is simple: regardless of the time of day or volume of gas used, you pay the same price.
Block rate: In this case, the amount of gas you use determines your rate. For instance, you may be charged one price for the first 45MJ, another for the next 35MJ, and another for the subsequent usage block.
Vic Solar Feed-in Tariffs
In addition, Victorians with solar panels are eligible for a feed-in tariff (FiT). Your bill will reflect this as a credit for the energy your panels generate and return to the grid. Victorians must receive at least the minimum provider tariff; some may receive more. FiT has a minimum flat rate of 4.9 cents per kWh for 2023–24.
Victorian Minimum Feed-in Tariff Option 1: Flat-Rate
Period | Weekday | Weekend | Cents per kWh |
Flat-Rate | All Times | 4.9 | |
Early Evening (3 pm to 9 pm) | 3 pm to 9 pm | N/A | 9.3 |
Day (7 am to 3 pm, 9 pm to 10 pm) | 7 am to 3 pm, 9 pm to 10 pm | 7 am to 10 pm | 4.4 |
Overnight (10 pm to 7 am) | 10 pm to 7 am | 10 pm to 7 am | 11.3 |
Victorian Minimum Feed-in Tariff Option 2: Time-of-Use
Period | Every Day | Cents per kWh |
Flat-Rate | All Times | 4.9 |
Peak | 4 pm to 9 pm | 10.6 |
Shoulder | 9 pm to 10 am, 2 pm to 4 pm | 5.5 |
Off-Peak | 10 am to 2 pm | 3.9 |
Top Tips to Select an Energy Provider in Victoria
When comparing gas or electricity plans offered by various providers, it may be helpful to verify the following important details:
- Discounts that are assured: These frequently extend for an entire year. Seek out the plans that offer the biggest savings. These savings are contrasted with the Victorian Default Offers (VDO), established annually on July 1st by the energy regulator, for electricity.
- Seek a plan at a lower cost than VDO: Displaying the difference as a percentage facilitates the comparison of electricity plans.
- Supply charge and usage rate: Consider these two factors when comparing plans. While supply charges are paid daily for being connected to the grid, usage rates determine how much you pay per kWh of energy used.
- Offers and extra benefits: Besides the yearly estimate, look for offers such as $150 bill credits for new clients or points that can be redeemed for Woolies and Qantas reward programs. Selecting a provider that provides energy usage tracking may also be helpful depending on your needs.
- Extra expenses: Review the terms and conditions of a plan before committing to it to be aware of hidden costs, such as credit card fees or late payment penalties.
Electricity Providers in Vic
To connect electric in Vic, here’s a list of electricity providers you can choose from:
- 1st Energy
- AGL
- Amber Electric
- Alinta Energy
- Arcline
- Blue NRG
- CovaU
- Diamond Energy
- Dodo Power
- EnergyAustralia
- Energy Locals
- GloBird Energy
- Kogan Energy
- Lumo Energy
- Momentum Energy
- Nectr
- Origin Energy
- OVO Energy
- Pacific Blue
- Powershop
- Red Energy
- ENGIE (formerly Simply Energy)
- Sumo
- Tango Energy
Connecting Gas in Vic
To set up gas connections in Vic, here’s a list of retailers you can choose from:
- 1st Energy
- AGL
- Alinta Energy
- Dodo
- Energy Australia
- GloBird Energy
- Kogan Energy
- Lumo Energy
- Momentum Energy
- Origin Energy
- Powershop
- Red Energy
- ENGIE (formerly Simply Energy)
- Tango Energy
VIC Energy Rebates and Concessions
The rising cost of living and energy prices have made paying off household bills increasingly tricky. However, you may qualify for several energy-related discounts or rebates.
Low-income households, seniors, concession card holders, and people with special medical needs are the target audiences for most of the concessions:
Annual Electricity Concession: Victoria residents with valid concession cards can receive assistance from the state government in covering their electricity costs. Qualifying recipients are granted an entitlement to a 17.5% concession on domestic mains electricity usage and service costs. The discount is applied as a percentage of each bill and is available year-round.
Excess Electricity Concession: This program is intended to assist customers who receive higher-than-expected electricity bills. You are eligible for an additional concession on top of the annual electricity concession if your electricity expenditure exceeds the annual threshold of $3,563). Filling out an application form is necessary for this concession, which is only available if you use electricity for non-commercial or lawful purposes and surpass the annual threshold.
Excess Gas Concession: Like the excess electricity concession, you may be eligible for a reduction in your usage and service fees if the annual gas threshold ($2,067, set by the state government) is exceeded by the winter gas costs for your household.5. Recall that using gas cannot be done for illicit or commercial reasons.
Winter Gas Concession: Between May and October of each year, eligible concession card holders can receive a 17.5% concession on domestic mains gas usage and service costs; however, the concession does not cover the first $62.40 of the six months.
Life Support Concession: You may be qualified for a refund if you live with someone who needs a life support machine at home or if you need one. The current cost you pay in cents per kilowatt-hour (c/kWh) multiplied by a predetermined kWh value as determined by the government is the basis for calculating this life support concession rebate. 8 Your retailer will determine the precise amount you receive. Oxygen concentrators, intermittent peritoneal dialysis machines for electricity concessions, and hemodialysis machines for water and electricity concessions are among the qualifying life support equipment. You can apply to be eligible if your alternate life support system consumes 1,880 kWh or more electricity annually.
Medical Cooling Concession: If you or a household member has a medical condition that impairs the body’s capacity to regulate heat, you may qualify for a discount on bills from the beginning of November to the end of April. 9. The Victorian Government’s Department of Health and Human Services must preapprove eligibility, including multiple sclerosis, lymphoedema, or Parkinson’s disease. Please note that if you qualify for both, this concession is applied in addition to the annual electricity concession.
Non-mains Energy Concession: Depending on how much you spend on energy annually, you can apply for a concession if you use non-mains energy, such as firewood LPG, or are a member of an embedded network. Your concession is based on an inclining scale; therefore, the more you typically spend on this kind of energy, the larger your concession will be. Tenth Utility Relief Grant Program: This program provides relief grants to help pay bills if you’re a low-income Victorian household that meets the eligibility requirements and is temporarily unable to pay past-due energy (and water) bills. 11 When completing the utility relief grant application, remember that the state government sets maximum amounts for each utility type. To obtain this form, please get in touch with your energy retailer.
Energy bill relief fund: The Commonwealth Government provides a $250 grant to assist qualifying households with energy expenses. Your bill will automatically reflect any energy concessions you receive, but you might still be qualified even if you don’t.
Renewable Energy in Vic
Victoria wants to reach 65% of its renewable energy goals by 2030 and 95% by 2035.
Gas connections for new homes, apartment buildings, and residential subdivisions that require planning permits have also been prohibited so that the state can meet its net-zero emissions target by 2045.
Since its launch in 2018, Solar Victoria has installed over 330,000 solar panels, batteries, and hot water systems for homes to support renewable energy transmission.
If you can’t make significant improvements to your house to support clean energy or you don’t have solar, you can:
Add-on GreenPower: Your electricity provider cannot send renewable energy straight from the grid to your home. Herein lies the role of GreenPower. Through a government-run program, providers can buy renewable energy in increments of 10% to 100% based on how much they use. It can be purchased as an add-on for a higher price.
Sign up for a Carbon-neutral Plan: Don’t want to spend additional cash? Your gas or electricity usage will cause carbon emissions, which your energy provider will offset. While some plans offer carbon neutrality as an option for a small fee, others will state they are 100% carbon neutral.
Additional Helpful Resources for Vic
https://www.esc.vic.gov.au/electricity-and-gas/prices-tariffs-and-benchmarks/victorian-default-offer
How is Energy Charged in Victoria?
Energy retailers in Victoria will bill you for energy in a manner that is comparable to that of most other states.
The two main expenses Victorians must pay for gas and electricity are:
- A supply charge, also known as a daily fee, covers the cost of power generation and the distributor’s transmission fees.
- A usage charge is imposed for each megajoule (MJ) of gas or kilowatt-hour (kWh) of electricity that their home or place of business uses. Gas is usually charged in MJ blocks, with varying rates applied to each block.
N.B. Distributors maintain the energy infrastructure (such as gas mains and power lines) and provide power to the grid.
Cutting Costs for Cheap Energy Bills in Victoria
Your best chance to save money in VIC is to take advantage of a competitive energy market, although we understand that there are more enjoyable tasks than this. If you’re moving homes, your present provider might offer better rates for your new location.
For example, the lowest and highest single-rate tariff electricity plans differ by approximately $720 annually.
Here’s why comparing plans may help you:
- If you don’t sign a new contract, your provider may move you to a more expensive plan
- Your present energy provider might not offer the best rates for your new location if you’re moving
- You have been informed of impending price increases by your provider
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