Rising electricity costs

Rising electricity costs

Electricity costs are rising for households much faster than the rate of inflation.
It is predicted that electricity costs could triple over the next ten years.   The only difference between different electricity and gas retailers is the price that they charge consumers.  You can take control of your power costs by comparing the electricity and gas plans in the market.

Why is it important to compare electricity plans? Aren’t they all the same?

Your electricity is supplied through the same power plants, no matter which retailer you have a contract with.  When most people move into a new house, a connections company promoted by real estate agents automatically connects them to the most expensive plan in the market.  Approximately 75% of Australians are paying too much for their electricity because they have never compared their electricity plan to make sure they are getting the best deal.  This is where GoSwitch can help.

What is GoSwitch?

GoSwitch are free and trusted advisors to Australian energy consumers. We provide a single point of contact that reads the fine print, making the complicated nice and simple. 

GoSwitch then handles all of the hard work involved in switching between providers, making it easy for you. The average annual saving during 2013 for households that used GoSwitch was $491.  

So visit www.GoSwitch.com.au and find out how much you could be saving today.


Published on June 6-st, 2014 in Electricity
Damon Rasheed is the CEO of Rate Detective, an Australian financial service comparison sites specialising in Life Insurance, Income Protection Insurance and home loans. Damon holds a Master's Degree in Economics from the University of Melbourne and has been involved in many start-up internet businesses.