Rohit Puri Posted on 5:02 am

Making the switch

With electricity prices on the rise it’s important to know a little more about energy provider in Australia before making the switch.
Why do people switch electricity providers Australia? One of the most common reasons is simply because they may be moving homes, but there are many other reasons to make the switch. For example –

  • To take advantage of solar electricity rebates
  • To save money
  • In some cases, to simply receive better customer service
  • To obtain your energy from a more sustainable source.

Switching today is easier than it has ever been with some retailers allowing customers to change providers through online portals, this eliminates a lot of time-consuming paperwork and applications. In the past this process was handled via mail and telephone.
It can take up to 3 months before the switch comes into effect and while this seems a long time, it is because the providers read your meters every 3 months and they want to insure an accurate reading before they start billing you.
Depending on the arrangement you have with your existing provider, you may need to pay an *exit fee* if you cancel your contract early. If you are going to have to pay these fees it may be worth considering if it is better to simply wait out the contract and switch when your contract ends instead.
Paying for electricity is no different to paying for any other service – the provider is out to make money, so, if you want a better deal, you have to look for it. In the past 10 years alone residential energy prices have risen by 63% but, if you feel you are paying too much you should do something about it, or you will have to deal with having to pay with the high rates
The good news is, you don’t even have to *say goodbye* to your current provider, your new provider will do all the hard work for you, they will contact your previous supplier and close the account for you.
But, before you make the switch, it might be worth a call to your current energy provider and ask for a better deal. If they know you are leaving, they may be willing to offer you a better package, if they don’t, then you should go somewhere else. Remember you don’t have to contact them again your new provider will do all the work for you.
Make sure you are getting a better deal with your new provider and if you are a small household pay attention to the *Supply Charges* and if you are a larger household pay attention to the *Usage Charges*.

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