Energy Cost Cruncher Calculator
Looking to save money on your energy costs? Compare deals with instant quotes from energy providers in your area.
A trailblazer in financial comparison since 2008, Mozo is used by millions of Australians each year.
Our energy comparison tools, guides and savings tips exist for one reason, to help you save money on your electricity bills.
Comparing with us is always free. No hidden fees and we remain transparent throughout every step of the process.
Simply enter your postcode and get personalised results to suit your needs.
See available electricity plans ranked by cost and compare deals side by side.
Choose a plan. We’ll notify your old and new provider for a seamless switch.
With so many energy plans in the market, it can be hard to work out how much you'd really save if you switched plans. That's where Mozo's cost cruncher calculator comes in. To get started you'll need to enter your postcode and then answer some questions about your home's energy needs. If you've got an existing bill handy, we'll be able to compare this with some of the other deals on the market right now.
You'll be able to see price estimates for plans available and even compare plan features side by side so that you know that you're comparing apples with apples. Your energy bill is calculated based on two main aspects: a supply charge and usage. The supply charge is usually a fixed cost. To calculate your usage costs you'll need to know exactly how many KwH of energy your home is consuming. You can usually find this information easily enough on your bill. You'll be able to compare plans from a wide range of energy providers with our service, but we don't compare every energy plan available. We've got information on our site about most energy providers that operate in Australian states where there is a deregulated energy market such as NSW, QLD, SA and VIC.
The thing about energy plans is that there isn't any one single plan that's best for everyone. Your energy costs will depend on a wide variety of factors including where you live, how many people live at the address, your meter type, your budget, even your stance the environment. Our goal is to help you to find a suitable energy plan based on as many factors as possible.
If you are looking to cut down the cost of your energy bill there are two main ways that you can do this. The first one is to switch to a cheaper energy plan. Every retailer has different tariffs and plans so shopping around regularly is one of the best ways that you can minimise your energy bill. The second way that you can cut down on your bill is to reduce your usage and / or the energy efficiency of your home.
Mozo's team of energy experts spend their days researching and writing about all the latest news and developments in the Australian energy sector and make this information freely available for you to read. Check out our energy savings hub or head to our energy guides section for more detailed buyers guides on everything from smart meters to battery storage.
Our comparison calculator is free to use and there is no obligation for you to switch plans by using our cost cruncher tool. In most instances, if you are switching from an open market plan you will not have to pay to switch. There are some energy plans that do have exit fees so you should check your existing plan to make sure that you will not be charged a fee.
If you are moving house and you need to connect the electricity and gas service there is usually a fee to do this. This is generally added to your first bill.
The more information you can provide us about your current energy usage the more accurate your quote calculations will be. It is a good idea to have a recent bill handy so that you can enter in your usage and details of your current plan.
Mozo makes money by helping energy providers connect with customers, like you, who are looking for a great energy deal. Most importantly our service is totally free to use and it is the energy providers competing for your business that pay Mozo, not you!
Mozo shares a fee with our partner, CIMET, who helps provide this service. This fee is paid when you complete an application and switch energy providers using our service. Mozo may also earn revenue when energy providers purchase display advertising on our site or when we help them use the all the great data we’ve collected.
They have been very competitive every time I have enquired about prices.
Read full reviewThey have been very competitive every time I have enquired about prices.
Origin Energy have been my provider for many years, and I have never had a problem with them. I periodically ring them to see about a better deal, and they have always accommodated me. The billing is clearly laid out and easy to understand. The service staff are helpful and professional.
Read full reviewOrigin Energy have been my provider for many years, and I have never had a problem with them. I periodically ring them to see about a better deal, and they have always accommodated me. The billing is clearly laid out and easy to understand. The service staff are helpful and professional.
Owning a home that was not lived in for 4 months. Bill came in at approximately the same figure as when 4 people lived there. Trying to gain explanation of how this is possible proved to be of no use. No explanation could be provided, no daily usage report could be provided as its meter-read. Unfortunately for me, settlement was taking place the week i received the bill therefore further investigations couldn’t be made.
Read full reviewOwning a home that was not lived in for 4 months. Bill came in at approximately the same figure as when 4 people lived there. Trying to gain explanation of how this is possible proved to be of no use. No explanation could be provided, no daily usage report could be provided as its meter-read. Unfortunately for me, settlement was taking place the week i received the bill therefore further investigations couldn’t be made.
Last week, the Australian Capital Territory government announced it would be expanding its ACT Home Assessment Energy Scheme to renters. The ACT Home Assessment Energy Scheme is an initiative that provides free in-house energy assessments to discover areas where households can save on their energy bills. “It can be very hard for renters to make major energy-saving changes to their home. By expanding this program, we are able to provide renters with tailored information,” said Minister for Climate Change and Sustainability, Shane Rattenbury. But while this is good news for renters in the ACT, it doesn’t mean the rest of the country should miss out on energy savings insights. So we’ve jotted down five energy saving tips for renters that can help keep costs down all year round.
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In July last year, the Victorian energy market went under intensive reform to improve prices and transparency for residents and was called the Victorian Default Offer (VDO).The VDO imposed a price cap on standing offers, which meant that retailers could no longer charge exorbitant prices for these energy plans. All previous customers on standing offer plans were then rolled onto the VDO. This week the Essential Service Commision (ESC) announced that from 1 September 2020, it will be extending the VDO to energy customers living in embedded networks, like caravans, retirement villages and even small businesses. According to the ESC, more than 104,000 customers will benefit from this reform. “Embedded network customers have not been fully covered by the same price protections as other Victorians. This ensures they now have access to a fair deal with significant savings for some,” said ESC pricing director, Marcus Crudden. Crudden said customers within embedded networks are expected to save between $180 to $360 annually, while small businesses could see savings of between $900 to $2,220.
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Within the next few weeks, many Aussie households are expected to receive their latest energy bill. And for some, it won’t be good news. In fact, according to Mozo research the average household is expected to fork out an extra $88 a month due to an increase in electricity usage because of the Covid-19 lockdown. But there may be a silver lining on the horizon, as many retailers are acknowledging the financial strain the Covid-19 pandemic has had on Aussie wallets by announcing price decreases. On 1 July 2020, close to 20 retailers announced they would be cutting the electricity prices for customers located in either New South Wales, South Australia, South-East Queensland or the Australian Capital Territory. And in some instances, retailers have vowed to cut prices in all three states, like Powershop. “We are pleased to be able to bring some much needed relief to households in NSW, SE-QLD and SA, especially during winter and given many of our customers are spending more time at home, which may lead to higher power bills,” said Powershop CEO, Jason Stein. “Our existing residential customers saw our prices decrease on average by approximately 14.2% in South Australia, 8.7% in New South Wales and 7.5% in South East Queensland.” Other retailers cutting prices across NSW, SE-QLD and SA included energy giant, Origin Energy, Simply Energy and newcomer, Kogan Energy.
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Between tighter budgets and minimal spending, financial stress is at an all time high for many Aussie households.
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While things might be a little different to this time last year, one thing that hasn’t changed is the winter chill. And unfortunately, as a large number of Aussies spend the majority of their time indoors, a jaw-dropping energy bill is to be expected. According to recent data by energy company Jemena, our electricity usage has jumped by 16% compared to this time last year, while businesses experienced a fall in electricity usage of between 10% - 12%. With Aussies having to tighten their wallets to manage expenses during the pandemic, a higher bill is far from ideal. According to Professor Sara Wikinson at University of Technology Sydney, some households are doing everything they can to soften the blow. She said that older Aussies are reducing their consumption by either cutting back their use of heating appliances, going to bed fully clothed or even skipping showers. "People are spending almost all their time at home, which is obviously pushing up their energy consumption. And [their] ability to hang out somewhere warm in the mall or community centre has gone," Wilkinson said. However, Powershop chief executive Jason Stein said that drastic measures are not always necessary and that simple savings can be made around the home. “With Australians spending more time at home this winter, energy bills may be higher. [But] there are some simple things you can do to try and keep your energy bills down and help save money,” Stein said. He recommended setting “your heater thermostat between 18–20°C in living areas, [as] every extra degree adds 10% to your heating bill.”“Switching off the game console after use could save a household of four up to $193 a year,” Stein said. Other tips include ditching your dryer for a clothes horse, investing in door snakes to plug draughts and improve insulation. And remember to switch off lights when you leave a room. If you’d like more energy savings tips that’ll not only keep you warm but keep costs down this winter, head on over to our energy savings tips hub!
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As we know, the COVID-19 lockdown began in early March, which saw many Aussies having to adjust to work life from the comfort of their couch or unfortunately, experience financial hardship for the very first time.
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As Aussies across the country ease themselves back into work following the Christmas break, the Victorian government has been well ahead of the game, announcing its decision for the Victorian Default Offer (VDO).
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While the winter chill is certain to send shivers up the spines of many Aussies, the dreaded July 1 energy price update may have a similar effect.
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