At Mozo, we're passionate about getting Australians a better deal on their finances and the Mozo Experts Choice Awards provide a platform for us to highlight the electricity plans which offer the best overall value to Australian consumers. Over 226 electricity plans from over 26 electricity providers in VIC, NSW, ACT, SA and QLD were assessed for the inaugural Experts Choice Residential Electricity Awards by Mozo's money experts.
We analysed 266 different electricity plans from 26 different electricity providers, based on data contained in Mozo’s product database as at 14 June 2016 and 14 September 2016 (and including some data from Victoria for December 2015).
No, our cost calculations for the awards were based on single rate tariffs, guaranteed discounts and any conditional discounts for paying on time, direct debit, paying online or in advance, or e-billing.
Upfront one-off credits or incentives were not included in the cost calculations nor were discounts for combining gas and electricity plans.
Some electricity markets in Australia are not deregulated. To be eligible for an Experts Choice Award we only considerd products that are available NSW, Victoria, South Australia, the ACT and in the contestable market in SE Queensland covered by the Energex electricity distribution network.
Only residential electricity plans that are compatible with existing roof-top solar panels were eligible for the Solar Friendly Award.
Only residential electricity plans that allow the additional purchase of 100% GreenPower were eligible for the award. Products were excluded if offered by a retailer that owns coal-fired electricity generation assets, either directly or via their parent company, as reported by the Greenpeace / TEC Green Electricity Guide.
You can read the full methodology report and awards criteria here.
No, Mozo Experts Choice awards are awarded irrespective of a product provider’s commercial relationship with Mozo. Our research team analyses product data and determines the winners in each Mozo Experts Choice category without reference to Mozo’s sales or commercial functions.
Our research team is headed by our Research & Insights Director and our Product Data Manager who have over 50 years of financial services experience and 21 years in online financial comparison.