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.
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.
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.
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.
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.
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.
As more households embrace renewable energy, new figures have revealed that solar photovoltaic (PV) systems are being installed at record numbers across the country. According to the ACT Government’s 2019/20 annual feed-in tariff report, there are more than 28,000 solar generators in the Territory, an increase of more than 17% during the previous financial year. What’s more impressive is that rooftop solar within the ACT has produced more than 135 megawatts during the 2019/20 financial year. Plus, more than 47,000 MWh came from over 10,000 solar PVs that were provided by the ACT Government’s Feed-In Tariff (FiT) scheme, an incentive from 2009 that was designed to boost solar uptake and reduce solar system prices altogether. “It’s great to see incentives like these are giving the average household the opportunity to generate their own electricity and save on their energy bills,” said Mozo Director, Kirsty Lamont.
With a sudden strict four month lockdown it’s safe to say Victorians haven’t had an easy 2020. But with the Essential Services Commission (ESC) announcing its final energy prices determination for 2021, the new year may already be off to a better start. The ESC has announced that the Victorian Default Offer (VDO) will fall by 10% for residential customers and 14% for small businesses customers. That equates to a bill reduction of $159 per year and $916 a year, respectively.As a quick recap, the VDO, which came into effect 1 July 2019, is a default energy offer available to all customers in Victoria who choose to not engage in the energy market - that is, comparing offers and switching plans. The VDO also replaced standing offers and capped prices, preventing retailers from charging expensive plans to customers on these offers. “The fall in the default offer is being mainly driven by lower wholesale electricity purchase costs, with lower prices likely to assist many Victorian households and small businesses in recovering from the impacts of the coronavirus pandemic,” said Essential Services Commission pricing director, Marcus Crudden.The state’s economic regulator estimates that these price reductions will provide some much needed bill relief to around 125,000 households and 40,000 small businesses.
From rates to tariffs and random fees, it’s no wonder energy bills have a reputation of being difficult to comprehend. Unfortunately, it often means many Aussies pick up a few myths on the way to understanding their energy bill. So, if one of your goals in the new year is to get on top of your personal finance, we’ve jotted down four energy bill myths to be aware of.
With less than three weeks to go until we welcome in the new year, many Aussies may have already begun thinking about the goals they want to achieve in 2021. And for some, that can mean giving their home an energy efficiency upgrade. According to CSIRO building simulation research lead, Anthony Wright, the average Aussie household is rated only 2.2 stars out of 10 for energy efficiency. However, if the average Sydney or Melbourne home were to bump that figure up to a 4.9 stars, they could save up to $480 a year on their energy bills.When it comes to improving energy efficiency around the house, you might be surprised to learn that substantial savings can be made just by making small improvements. For instance, draught sealing and filling gaps or cracks around windows and doors are a great place to start. Other options include updating energy guzzling appliances for energy saving ones or installing external blinds to block out heat. But for the Aussies who don’t mind taking things to the next level, upgrading hot water systems, air conditioning and other appliances could deliver annual savings of $900, says Wright. “It’s also worthwhile getting an energy rate involved early,” Wright said in a recent interview with The New Daily. “It can seem like it costs, but it will pay back in comfort and energy bill savings in spades over time, as they can do a before-and-after rating, and also provide consultation on tweaking your renovation as you go.”