Red Energy Price Increase

gday
psa: if you have received a price increase email - log in to your red energy account. it may literally tell you there's a cheaper rate available - and if you choose to pick it - it'll backdate it to mid/end June!

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Comments

  • I logged in and there was a much cheaper rate available. selected it. will see what happens!

    • I'm glad it's not just me

  • Thanks, worked for me as well

  • Thanks heaps, it was a big difference.

  • Hope it is not an error on Red Energy side. It basically moves back to the pre-increased rate…. as it is flexible plan, they can re-adjusted back to whatever they want if it is an error.

  • -3

    It sounds like a scam

    • it's not.
      you're logging on to the red energy page from their website, NOT clicking on an email link.

      when the profile loads, it says hey click here to save on a better rate. it did so for gas and elec

  • anyone has a screenshot of what it looks like? there is nothing on mine. it showed my service and a couple of quick links. i even tried desktop mode without ad blocking

    • +1

      i did it on phone website with adblocker
      there was a banner somewhere about a better rate being available

  • Cheers mate! Both energy and gas had cheaper options available, saving about $500/year.

    Mine only backdates until the 11th of July tho, perhaps its tied to your billing cycle?

    • +1

      wow massive. i hope i get an ozb award for laziest savings

  • Thanks OP, switched back to my previous (MUCH lower) rates before the rate hike like a month ago.

    It's not directly related but I wonder if this is part of the reason for the backpedal: https://www.aer.gov.au/publications/reports/compliance/red-e…

  • Mine did not have any reduced rate.

    On my bill it does say "Could you save money on another plan? Based on your past usage, our Living Energy Saver plan may cost you up to $230 less per year
    than your current plan*. To switch plans, call…."

    Did you guys do this?

    • was basically that, but click to swap. not call to swap

  • Done, thankyou! Backdated to start of billing cycle so back to early May for me.

    • wow thats a good onen

  • thanks for the post, i was offered the same plan but with the savings

  • Received letter in the mail today with the new rates which are actually same/similar to my old rates before the recent rate hike.

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