July 1 2019 energy price updates, will your household be affected?
Monday 01 July 2019
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.
Big three retailer, AGL has promised to make energy easier to understand for customers by eliminating pay on time discounts and will begin contacting 450,000 customers with fairer energy plan offers. However, the retailer did make price increases across NSW, QLD and SA.
Some retailers who increased prices across NSW included Alinta, Simply Energy and Red Energy.
Previously our table looked at price changes for standing offers, but with the new regulations coming into effect, standing offers will now be replaced with the default market offer that must be followed by all retailers.
Our table now looks at electricity price changes of the cheapest market offers by retailers and are based on an annual usage of 4000kWh.
If you think you could be on a better-value energy plan, head on over to our energy comparison tool to start comparing plans in your area.