Energy Companies
Since the late since 1990’s, the energy markets in most Australian states were opened to competition and deregulation. As a result, business and residential energy customers now have the option to choose the energy company that best suits their needs.
Many energy companies are involved in more than one aspect of supplying energy, from constructing and maintaining gas and electricity networks, to generating, distributing and selling power to homes and businesses.
The process of energy supply is complicated, and the competing energy companies are numerous, making it difficult for consumers to work out exactly how they can exercise their right of choice.
This site includes a brief rundown of the major energy companies to give you some background, but essentially, this is all you need to know to help you find the best deal on electricity and gas:
- The electricity and gas provided to all Australian homes and businesses is delivered to you by your energy distributor, which is fixed according to the area you live in.
- The energy retailer is separate from the distributor – this is where your power of choice comes in. Energy retailers are responsible for connecting your energy, and deciding how much you pay for it. Your energy supply stays the same regardless of the retailer you use – all that changes is the price.
- Unless you actively seek the cheapest energy deal for you, you are allocated a default retailer, and charged a default rate. Default plans tend to be the most expensive, and usually don’t take into account other factors that might be relevant to you, like flexible terms or percentage of green energy.
- Considering that most Australian states have ten or more energy companies competing in the same market, the process of comparing all the available energy plans can seem time consuming and difficult. As a result, more consumers are turning to independent source of information.
GoSwitch.com.au, Australia’s leading comparison site, makes it easy to find the best energy deal – it’s a free and impartial service. In fact, GoSwitch.com.au will do all the work for you – it will compare all the available options and even arrange your new connection. In just a few minutes, you could save yourself hundreds of dollars.
Visit GoSwitch.com.au to compare energy companies today.
