Whether you're trying to get your head around complex electricity tariffs, find a better gas plan or switch energy providers Mozo's range of energy guides can help. Alternatively, if you are looking to save money on your electricity bill or improve the energy efficiency of your home, head on over to our energy savings tips section for ideas.
Managing demand while keeping energy prices low has been an ongoing issue for the national energy market (NEM) over the years. In August last year, the Australian Energy Market Commission (AEMC) proposed a new scheme that had the potential to tackle both concerns, called the ‘wholesale demand response’.
It might surprise you to know that hydropower is one of the oldest forms of renewable energy in the world. In fact, according to some experts, hydropower dates back to ancient Greece where it was used to grind grains.
From young families to retirees, no Tasmanian household is the same. But if there’s one thing some of us might have in common, it’s keeping up with soaring energy bills. And if this is a familiar feeling in your home, it could be worth looking into government energy rebates to help you manage your expenses.
We all need a little bit of help every now and then, even when it comes to our energy bills. And while your energy provider can provide financial assistance by placing you on a financial hardship plan, it’s generally a temporary measure until you get back on your feet.
Financial hardship can strike at any time in any Australian household. And if your family is experiencing a high level of financial stress, paying regular expenses like your energy bill, can almost seem impossible.
Staying on top of your finances can be a common struggle for many Aussie households. If you’re in South Australia and keeping up with your energy bills is causing ongoing financial stress, it could be worth looking into the energy concessions that are offered in your state.
No matter where you live in Australia, managing your energy bills can sometimes feel impossible. If you’re an Aussie living in Queensland, there are a few government energy rebates you may be eligible for, which can help cover some of your energy costs.
If there’s one thing that’s tricky to keep up with, it’s the energy market. And on July 1 2019, Aussies around the country were introduced to a brand new set of changes to help them better compare energy prices.
Hardship policies refer to the programs put in place by energy retailers to assist customers struggling to pay their bills. But recent concerns around the fairness of these policies have prompted the Australian Energy Regulator (AER) to investigate further.
Gas prices around Australia have been on the rise and if you’re looking to save on your household bills, switching gas suppliers could be a great way to getting some extra cash for life’s more enjoyable things like a night out at the movies or dinner out with the family.
While reading your latest energy bill, did you experience any of the following symptoms — Confusion? Heart palpitations? Cold sweating? Anger? If so, you have suffered a classic case of bill shock, otherwise known as the negative reaction you get when you receive a bill that is unexpectedly high. And unfortunately, there has been a dramatic increase in cases of bill shock in Australia.
As of 2018, more than two million Aussie households have solar panels installed in their home, making it a more common way to source residential electricity. If you think your household might make the solar switch, there are a few things you’ll need to get your head around.
No one wants to experience bill shock but everyone knows that there are times of the year (e.g. Summer and Winter) when your gas and electricity bills are going to be higher than at other times of the year. Many people choose to set aside extra money for their energy bills in these peak times, but for some people on a fixed income finding an extra $50 or $100 isn’t so easy.
In an ideal world, it’s possible that you and your energy provider have a great relationship and you never need to register a complaint. But, just in case there is trouble in paradise, it’s a good idea to know how to complain to your energy retailer.
If you are building a new home or thinking about installing a solar system on your existing property, you’ll need to get your head around solar and renewable energy FAQ. A useful term to begin with is feed-in tariff. This is the rate paid for the electricity that is pumped back into the power grid from a designated renewable energy source like your rooftop solar panel system.
Have you been wondering what a smart meter really is and how it can impact your electricity bills? While it may seem a bit confusing at first, smart meter technology is actually quite useful and can help you manage your energy account better. In this digital meter guide, Mozo answers some of the frequently asked questions about the technology so you can understand exactly what to expect from a digital billing cycle.
Have you just received your electricity bill and decided it was time you switched electricity companies? You’re not alone. Thousands of Australians fight back against rising electricity bills each year by comparing the electricity plans available in their area and switching to save money.
Here in Australia, unfortunately there isn’t one standard price for energy across the country so finding the best energy deal can be difficult (or at least very time consuming) as you need to compare hundreds of plans from the energy providers that service your area. How much your electricity and gas services will cost depends on a number of things from where you live to the type of meter you’ve got installed at your premises.
Moving into a new house can be a coordination nightmare with all the different things you need to take care of simultaneously. From finding the perfect house in the perfect location, booking a removal company, packing up your things, cancelling services at your old address, setting up connections at the new address.
These days, you can barely get through the day without hearing about aging power plants and sky-high electricity bills. While the Turnbull government is doing its bit to ensure that we all get a better electricity deal by making energy providers now tell us when that great deal we signed up to 12 months ago expires, we could still all do with a quick refresher on electricity plan basics.
Retail electricity prices were deregulated in South East Queensland from 1 July 2016. But what does this really mean for households in the Sunshine State and how is it going to affect your electricity bills?
Energy plans are like shoes. One type doesn’t fit all. Just because something works for your neighbours, doesn’t mean it would for you too. That’s why, it’s important to understand which electricity and gas products are available and find the ones that are best suited to your home.
If you’re living in a rental property or you are about to move into a new rental pad and aren’t sure if you can switch to that awesome cheap energy deal you just saw online, you’ve reached the right place. In this tell-all guide, the Mozo energy experts address some of the most common questions about switching electricity and gas plans for rented accommodation.
According to the Clean Energy Council, more than 2 million Australian households use solar energy to power their homes. And as renewable energy continues to grow in popularity, it’s almost certain the number of solar installations is also set to climb.
According to recent analysis by the Australian Competition and Consumer Commission (ACCC) of more than 1.5 million electricity bills, there are more households on market offers and fewer on default offers. A market offer refers to an energy plan advertised by a retailer and can include things like discounts and other incentives. On the other hand, a default offer is the maximum amount a retailer can charge for electricity and is typically a bit pricier. If it’s been a while since you last switched energy retailers or if you’ve never switched retailers, you will most likely be on a default offer.“We often talk about the lazy tax and how much extra it could be costing Aussies who don’t make the effort to shop around on households expenses, like their energy bill,” said Mozo Director, Kirsty Lamont. “Recent Mozo research found that in New South Wales alone, switching from the average to the cheapest electricity plan could save households $286 a year.”So if you’re thinking it’s time you got serious about your energy bill, we’ve jotted down some of the key things to keep in mind when comparing energy plans.
Overall electricity consumption fell by 2% in the second quarter of 2020, compared to the same period last year, according to the latest Inquiry into the National Electricity Market report by the Australian Competition and Consumer Commission (ACCC).And unsurprisingly, residential electricity consumption has climbed significantly thanks to the COVID-19 lockdown. Melbourne in particular experienced one of the biggest increases in consumption of between 10% and 30%, compared to last year. ACCC chair Rod Sims believes this increase is set to put a strain on household budgets and cause many households to fall behind with their energy bills. “The pandemic is exacerbating energy affordability concerns. At a time when many consumers are experiencing reduced incomes, increased electricity consumption could lead to rising household debt and financial strain,” he said. “Available data suggests more customers are a month behind in bill payments and energy affordability may become an even bigger concern in coming months.”However, as wholesale electricity prices continue to remain at their lowest in years, Sims says households should soon start to see this reflected in their annual bill. “The drop in wholesale prices is excellent news for consumers, especially at a time of rising household bills. While wholesale price falls have been partially offset by higher network costs (except in South Australia where network costs fell), retailers are legally required to pass on any sustained savings to consumers,” he said.
At the end of September this year, a community owned renewable energy hub was unveiled in Narrabri, New South Wales. Partnered with Byron Bay-based energy provider Enova, the new not-for-profit organisation, ‘Geni.Energy’ aims to give support and encourage locals to get involved in a community-owned renewable energy project.
There’s a common misconception that GreenPower is more expensive than standard electricity, stopping many Aussies from going green with their power. But according to recent Mozo analysis, the cheapest green energy plans were actually better value than the average electricity plan. In fact, depending on your state and distribution zone, households can save between $32 to more than $200 a year. Just in case you weren’t aware, a green energy plan refers to where a percentage of your electricity (between 10% and 100%) is generated from a renewable source. Your retailer will then purchase your nominated amount on your behalf and feed it back into the grid. “In most cases, the data reveals that you can help save the planet and save money at the same time,” said Mozo Banking Expert, Peter Marshall. The data showed that households in Adelaide have the potential to save $257 a year just by switching to the cheapest green electricity plan in the Mozo database - the Powershop Shopper Market Offer Plan. “For our 2020 Mozo Experts Choice Energy Awards, Powershop came out on top as the green retailer with the best residential prices in four states (NSW, VIC, QLD, SA), while Energy Locals had the cheapest green plan for the ACT,” said Marshall. Sydneysiders within the Ausgrid region have the potential to save $166 a year, followed by Canberra ($106), Brisbane ($105) and Inner Melbourne ($43).