As more Aussies purchase electric vehicles (EVs) for their regular transportation, experts have already begun tossing around ideas of how they can be used to their full potential.
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Even though we might not be in regular contact with our energy providers, we rely on them everyday to power our homes and trust they’ll be there when we need them.
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With the news that some energy retailers are announcing price decreases from July 1, many Australian households will be looking forward to seeing a difference in their energy bill.
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Open banking is here. From July 1, Aussies will have the ability to share their data with providers other than their own and potentially lock in better offers on their everyday banking products.
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As Victoria braces itself for a potential second wave of Covid-19 cases, increased restrictions are set to put a further strain on the state’s small businesses. And while things might not have slowed down for the energy industry, there is a way Victorian small businesses can take some of the heat off upcoming bills: switching to a lower market offer. New research by the Essential Services Commission (ESC) has revealed that VIC small businesses have the potential to each save $2,400 a year on gas bills just by making the switch.If 10,000 small businesses did so, they’d collectively save a jaw-dropping $24 million. According to the regulator, default gas offers (the plans customers are placed on if they don’t shop around) could be reportedly up to 24% more expensive than discounted offers. “This finding shows how important it is to pick up the phone and talk to your energy retailer about their best offer,” said ESC chief executive, John Hamill. “Small businesses could be experiencing bill stress during this challenging period and these potential savings could provide some welcome relief.”Data from the ESC also found that by the end of May, approximately 684 small businesses were receiving payment assistance from their gas retailer and owed an average of $1,441 on their gas account. Electricity debts weren’t any better, as a massive 2,488 small businesses owed their retailer an average of $1,141.
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If we asked you to put a number on how much electricity Australia has used since the Covid-19 lockdown began, what would you say?
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Zombies, werewolves, vampires - there’s a chance you might have enjoyed movies and stories involving these mythical creatures growing up. But what if we told you there is a type of vampire that’s very real and could be sucking not your blood, but your wallet dry.
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If you’ve been on the hunt for the right place to purchase your solar panels from, you might have encountered a few company names you’ve never heard of before...until now.
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Mozo previously reported on a new energy scheme designed to help the grid cope and remain reliable during periods of high demand. It was called the ‘wholesale demand response’ and according to the Australian Energy Market Commission (AEMC), the scheme is now likely to start in October of next year.
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One common roadblock around renewable energy is price, whether that’s installing solar panels or investing in large-scale projects.
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