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.
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For a lot of us, our energy deal isn't something we tend to think about often. But it could mean missing out on serious savings.
If you're a Queenslander who think it's time they made they switch to a better value energy plan, then you've come to the right place. Our energy comparison tool has got info on some of the top energy deals that could be available in your postcode. And you won't even need multiple sites to do it, as our comparison tool keeps everything store in the one place!
Energy Australia have easy to understand energy plans that are very cost competitive. The billing is straight forward but detailed and easy to understand.Read full review
Energy Australia have easy to understand energy plans that are very cost competitive. The billing is straight forward but detailed and easy to understand.
Pros - friendly customer service staff! I have my own account manager who looks after my accounts. Cons - pricing could get better.Read full review
Pros - friendly customer service staff! I have my own account manager who looks after my accounts. Cons - pricing could get better.
They said their prices were lower and that the discount will make it even lower. IT DID NOT. Also I have solar panels and I know someone else with them that gets a great credit for them. I do not. More expensive than with my previous provider.Read full review
They said their prices were lower and that the discount will make it even lower. IT DID NOT. Also I have solar panels and I know someone else with them that gets a great credit for them. I do not. More expensive than with my previous provider.
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).
Love it or hate it, summer is right around the corner and for many households, that means daily ice blocks, weekly trips to the local pools and of course, switching on the air conditioner. But did you know that 40% of your annual energy bill comes from heating and cooling appliances? According to recent Mozo analysis, that translates to $674 a year! “This year we’ve spent more time indoors than ever before so it’s only natural our energy bills are reflecting a higher consumption rate. As we head into the warmer months it’s important to be aware of the running costs of your household,” said Mozo Director, Kirsty Lamont. “While cooling and heating accounts for the lion’s share of most energy bills, our devices and appliances also make a considerable debt, costing an average of $421.25 a year.”
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.
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).
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.