Brisbane and Gold Coast residents paying more for electricity than northern neighbours
Brisbane and Gold Coast households are being urged to shop around for a better electricity dealafter Mozo research found the average household in these areas could save $288 on their annual electricity bill by switching providers.
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To launch its energy comparison service, Mozo found the average electricity bill for those in the south-east of the state was $457 per quarter, while those in the rest of the state are paying a lower $361.
This is due to there being two distributors in the sunshine state, one which services the highly populated south east corner running from Tweed Heads up to Rainbow Beach and west to Gatton, while the remainder of the state is serviced by another provider.
“Those in the south-east can’t control higher prices set by their distributor but they can switch retailers to get a better deal,” said Mozo’s Kirsty Lamont.
“Depending on where you live, families could save almost $300 each year on their electricity bills, that’s a decent sized saving and certainly one worth switching for.
Across the country, average electricity bills vary by as much as $779 based on a three person household using their state’s typical amount of electricity.
The states paying the most to switch the lights on were Tassie, paying $701 each quarter and South Australia, where households pay $544 per quarter.
“These figures highlight just how inconsistent pricing can be from state to state and hammers home the need for families to shop around,” said Lamont.
The states where the biggest savings could be made by switching included NSW, Victoria and South Australia where annual savings were as much as $984, $856 and $776 respectively.
Mozo’s new energy comparison service compares 1100 plans from 22 providers across 30 regions in Australia.