Cut more than $200 off your energy bills

Font Size:

The COVID-19 pandemic has meant many Australians have spent more time at home. That means we’re using more and more electricity. The result is many of us are in for a nasty dose of bill shock.

Or does it? The Australian Competition and Consumer Commission (ACCC) says consumers who shop around to find the best deal could save up to $219 per year. Now we’ll tell you just how you can save on your energy bills.

The latest ACCC data shows electricity prices are on the way down. On average, standing offer customers paid 4.4 per cent less in 2019 than in the previous year. Default market offer rates (the maximum an energy provider can charge you) even dropped 3.5 per cent.

But Australian households aren’t necessarily seeing these savings.

One YourLifeChoices member said their electricity provider had charged $145 more for the same two-month period in 2020 than in 2019.

Another reader wrote that their energy supplier had increased its peak rate by around 3 per cent and its off-peak rate by a whopping 47 per cent. That’s completely at odds with the ACCC report.

Take action to get the electricity plan you deserve
So where are these savings?

The report’s conclusion was quite simple – we need to shop around. The government watchdog said that comparing electricity suppliers could save households up to $219 per year.

In other words, if your electricity bill isn’t dropping, you’re paying too much.

Customers who haven’t switched energy suppliers in the past two years could now be on a high tariff – and paying much more than they need to.

Now’s the time to take action, compare suppliers and make sure you’re not paying too much for energy. could save you hundreds of dollars in just a matter of minutes. We’ll do all the hard work for you and compare energy suppliers to find the best deal available to you. Get started now.

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

Join YourLifeChoices today
and get this free eBook!

By joining YourLifeChoices you consent that you have read and agree to our Terms & Conditions and Privacy Policy

Written by Sponsored Content


Total Comments: 1
  1. 0

    What I find distasteful about these energy comparison websites is that before one can get a comparison one must provide contact details such telephone number and email address…and afterwards one is pestered by them by phone and email.



continue reading


What we know about the recently approved single dose vaccine

Some health experts have expressed concern at the efficacy of the AstraZeneca vaccine, with some stating that we 'only get...

Retirement Income

'Secret plan' to force retirees to use their home to fund retirement

Federal Treasurer Josh Frydenberg has backed the Retirement Income Review findings that retirees should use their savings more "efficiently" -...


Do life insurance payouts affect the Age Pension?

Geoff's death policy pays out to his children, not his wife. How does this affect the pension? Q. GeoffMy wife...


Grip strength linked to mental disorders

Mental disorders such as anxiety and depression can increase physical health risks and are a leading cause of disability. Globally,...


Cucumber and Pineapple Salad

Whether it's for a barbecue, taco, burger or chilli con carne, our Cucumber and Pineapple Salad will pep up your...


Tobacco and childcare drive cost of living increase

The Consumer Price Index (CPI) rose 0.9 per cent in the December quarter. According to the Australian Bureau of Statistics...

Age Pension

Retirement system ‘uncertain for almost all retirees’

Australia, a nation of almost four million retirees, has one of the world's best retirement systems. The 2020 Mercer CFA...


The big question: How much do I need to retire?

Life expectancies continue to rise, and with that comes a host of challenges. For governments, there's the increasing cost to...