28
2.4yr
20

Reminder to Compare Energy Providers, and the AUS GOV website is pretty good

https://www.energymadeeasy.gov.au/

https://www.energymadeeasy.gov.au/ My current provider, like all of them, jacked up my leccy prices in July, but a bit too far for my liking. The Gov comparison site, which I used last time, is still pretty good and you dont need to give your data to private corps lile iselect / meerkat. Hopefully a considerable saving on the new provider, but sill not as cheap as last years prices.

The Nitro Zeus - 2.4yr

Always worth reviewing your plans periodically. I wasted $100s in recent years by not paying enough attention to my plan and it's comparable rates from the competition. Lesson learned!

8
threeduck - 2.4yr

Don't forget to compare costs in your pocket with costs against the planet. Consider Diamond Energy!

5
TassieTosser - 2.4yr

Can confirm, just switched providers. Not much savings but the new one has a better FiT.

4
CordanWraith - 2.4yr

Sorry for dumb question, what does FiT stand for?

3
TassieTosser - 2.4yr

Not dumb. Sorry for not elaborating. FiT = Feed in Tarriff. How much the power company will pay you for solar power you generate and feed back into the grid.

5
CordanWraith - 2.4yr

Ah, I see. Thanks for the explanation. So it's not the same rate that they charge you for electricity? I assumed it would be a 1:1 equivalency because power is power. Either way, nice that you're getting a bit more back.

3
ephemeral_gibbon - 2.4yr

No, largely because the power you buy includes network + retail fees but what you sell is closer to a wholesale generation price

5
CordanWraith - 2.4yr

That's so messed up. Yet another example of the enormous scam that is privatisation.

1
ephemeral_gibbon - 2.4yr

Not really in this case. When you put energy into the grid you're essentially the same as any other wholesale generator, just at a smaller scale

3
CordanWraith - 2.4yr

I see what you mean, but it's our power and we're providing it back to them, we should get to charge them the same rate they're charging us for the same resource.

If you get solar, can you disable feeding back into the grid?

1
TassieTosser - 2.4yr

Sadly no. I don't know how much companies in other states pay but in Tas, most pay about 8c/kwh but 1st Energy pays 10c.

3
DolphinLundgrin - 2.4yr

I switched to Tango just the other day - simply because they were the cheapest. Any horror stories I should know before the cooling-off period expires?

3
NeedAnotherOne - 2.4yr

Check out productreview.com.au I guess. TBH I have been with providers who have been 2 star and less and I havent had too many problems. But you can probbaly find some horror stories on there.

2
Taleya - 2.4yr

Frustrating thing is half the cunce haven't updated their new offers yet.

2
NeedAnotherOne - 2.4yr

Yeah I'm keeping an eye out for that, wondering if the company I switched to (Red Energy) is gonna jack their prices to make them above my previous (momentum). Suprisingly they havent sent out a welcome pack yet, usually it's pretty quick to lock you in, so I'm wondering if they are in the midst of price jacking

1
I_Miss_Daniel - 2.4yr

Red did this to me...

2
NeedAnotherOne - 2.4yr

Thanks, at least with no contract and fees laws now it makes it easier to keep em honest. Guess I'll find out in coming days / weeks.

2
I_Miss_Daniel - 2.4yr

.. So I moved to Ovo for now, although I hear rumours they're yet to increase, so I might be moving again soon.

2