The latest NSW Independent Pricing and Regulatory Tribune (IPART) review of the competitiveness of the retail energy market has revealed the extent customers are being punished for failing to shop for better deals between retailers.
Updated July 2021. Every year Australia's major energy retailers in New South Wales, Queensland and South Australia update their electricity and gas price tariffs on 1 July, from 2021 Victoria will do this on August 1. In 2021 there have been more changes than usual, keep reading to find out why it is important to review your rates to find out if you are on a competitive tariff.
New energy price regulations are coming into effect from today that will automatically reduce rates for some small business and residential energy customers. However there is concern the new laws will create further confusion in the energy market, leading some customers to believe they will no longer need to shop around for better deals on their bills.
Make it Cheaper is pleased to announce a partnership with Gymnastics Australia in a multi-year deal aimed at helping members and clubs reduce rising energy costs. The partnership will provide GA members and clubs, in states with deregulated energy markets, with a free energy comparison service.
In addition to automatically lower prices for customers on standing offers, new regulations in Victoria are set to make electricity bills easier for customers to read and understand from 1 July 2019. Here's what you need to know about changes to the Victorian Energy Retail Code and how they will affect your energy bill if you live or have a business premised in the state.
The Victorian Essential Services Commission (ESC) has released its final advice to the state government on the Victorian Default Offer (VDO) set to take effect from July 1 this year. Here's what you need to know about the changes and their impact on retail energy prices in Victoria.
In a surprise win by the Morrison government at Saturday's federal election, Australian businesses and households will be looking at how the Coalition government plans to tackle energy policy in the wake of a decade of prices rises. Here's what we can expect to see from energy policy in 2019.
New Default Market Offer (DMO) energy prices are one of the biggest shake ups to Australian retail energy market in recent years - the result of regulatory pressure on retailers to reduce prices and cut the 'loyalty tax' imposed on Australian households and businesses.
The Federal Government has announced plans to reduce electricity rates paid by small business and household customers stuck on 'excessive' standing offer plans. However questions are emerging whether a new regulated 'Default Market Offer' (DMO) set to replace standing offers may create less price competition in the retail energy market and leave some customers worse off.
Last year, trust and public confidence in energy companies reached a record low. According to a 2018 AEMC report, only 39% of Australians said they trusted their energy company, compared to 50% in the previous year.