Need Some Opinions - Supplier of Gas/Electricity in Victoria - Which one is better?

cdeep0 on 18/07/2012 - 11:05

Hi OZ,

I am with AGL from last 7 years and really didn't look at the bill/ charges as was paid via Direct debit etc.

Lately lost my job and trying to trim down expenses till I have another role..

I found a letter in the mail that the prices for Gas and electricity are going up - and really wants to seek some help as like to switch if better or if someone can guide me to choose a right provider in Victoria…I am in watsonia.

Thanks

General Discussion

Comments

  • ade123 on 18/07/2012 - 11:50

    I need some advice for Adelaide too…

    • maldrat on 19/07/2012 - 15:54

      In my experience, SA is not a lucrative market for retailers. There's only one distribution network (ETSA), so it's a lot less complex than the other states. Compared to Victoria, there isn't a huge difference between the most expensive retailer and the cheapest retailer for a given tariff type.

  • sampler on 18/07/2012 - 12:33
    +1

    http://www.yourchoice.vic.gov.au/

  • maldrat on 18/07/2012 - 18:14

    Assuming you're on tariff A100 (Jemena resi single rate), Momentum appears to be a good option according to YourChoice. I've worked with them in the past and they are a fairly decent Australian based company. It is also (unaccredited) renewable energy.

    Their rates are 19.68 c/kWh and 63.01 c/day (excl. GST). Using these rates as a benchmark, call a few cheap tier 2 retailers (Dodo, Powerdirect, Lumo, Click off the top of my head) and energy brokers and see if they can offer you a better price. Many special offers are not advertised or published on YourChoice. Always ask for the GST exclusive rate after all applicable discounts so that you can easily compare.

    Depending on your next scheduled meter read date, it may be advisable for you to request an early meter read. This will cost extra but may (or may not) save you a bit more money.

    I'm not up-to-date on resi gas rates but Energy Australia have generally been quite good in Victoria.

  • machej on 18/07/2012 - 23:39

    Yep I'm getting 17.1 c/kWh peak only (gst exclusive) with momentum. No carbon tax for 3 years.

  • cdeep0 on 19/07/2012 - 16:45

    Thanks Guys….seems like momemtum is a go for me..Thx..What will I do without this site - I wonder!!! Thanks Thanks Thanks…

    • maldrat on 19/07/2012 - 16:51

      Good choice. Momentum offer a 3 year contract where they only increase the prices by pass through charges (unavoidable regulated charges) and CPI. This should in theory result in lower increases than some of the other suppliers.

      I might be wrong, but as Smilepower is renewable energy, there might be no carbon tax.

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