As we head into summer, Aussies everywhere are feeling the burn of high power bills and we’ve got both good news and bad news about that.
The bad news is, prices have generally risen in the last twelve months. For example, a typical 3 person household in Victoria now pays an average of 29% more on their power bills than they did this time last year.
The good news? Some energy plans have actually been dropping in price, which means there are huge savings on offer for Aussies who are willing to make the switch between providers. For example, that Victorian household could save a massive $929 just by switching from an average value plan to the cheapest around.
“Aussies are really beginning to feel the pinch of high energy prices, but this goes to show that if you’re willing to spend an hour or two looking, there are better deals out there,” said Mozo Director Kirsty Lamont.
“And in fact, in most cases you can save more than twice as much this year as you might have last year.”
How much you save by switching
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*Savings switching from the average energy plan to the cheapest in state
Ready to slash your electricity bills? Take a look at some of the cheapest energy plans on the market: