There’s no longer any reason for Aussies to pay too much on their electricity bills, now that Mozo’s inaugural Experts Choice Residential Electricity Awards have revealed the best value energy plans across 5 states.
“Energy bills can be a significant strain on household finances,” said Mozo Director Kirsty Lamont. “Our Awards are designed to find the electricity plans that are delivering great ongoing value to residential customers.”
“It may seem like a hassle to change energy providers, but those consumers who are prepared to switch to the most competitive electricity plans on the market can tap into big savings,” she added.
Mozo’s experts analysed 266 different energy plans from 26 different electricity providers, and awarded top honours to only the best of the best. Awards were given across three categories - Electricity, Solar-friendly Electricity and Greenpower - to providers in NSW, VIC, ACT, SA and QLD.
The calculated cost of each plan was based on single rate tariffs, and took into account data from different distributor areas within states, from households with low, medium and high electricity usage and from different time periods during 2016.
Calculations also included any guaranteed discounts and conditional discounts for things like paying on time, using direct debit, paying online or in advance, or e-billing.
Taking out awards in the Electricity and Solar Electricity categories across multiple states were Alinta Energy and Dodo Power & Gas, while Red Energy and Diamond Energy were the only real contenders for Greenpower, due to their active support of renewable energy.
To see the complete list of winners, head over to our Experts Choice page, or to compare all the electricity products in Mozo’s database and decide for yourself, take our energy comparison tool for a whirl.