We’ve partnered with Econnex to bring you a range of energy plans to help you compare them.
Electricity is a vital utility for any home or business, but comparing plans and choosing the right deal is all about knowing where to look. With so many different plans and providers available, it can be overwhelming to try to compare electricity rates and different types of plans.
This is where Savvy can help save you time and hassle. Our 100% free comparison service will allow you to compare the latest electricity plans within a few minutes. By comparing electricity plans online here through us, you’ll instantly be able to see offers from some of Australia’s top energy retailers. Get the process started here through Savvy today.
There are quite a few factors to consider when you’re looking to find the best energy plan for your household. Some of the comparison points you should look at include:
Types of plan
There are two different sorts of electricity plan to choose from:
Variable vs. fixed rates for market contracts
When you sign up for a market electricity contract, you may have the option of choosing between variable or fixed rates. Variable rates can change over time based on national market price changes and may be subject to sudden spikes or drops in price. Fixed rates, on the other hand, remain the same for a set period, providing greater predictability and stability for your energy costs.
Overall cost of the plan
All retailers provide offers based on the electricity reference price and average usage in your area. They also quote a percentage difference between their own price and the national reference price, so you’re able to compare costs. For example, one company’s electricity plan may be 4% less than the reference price, while another may be 3% less. This is a good comparison point to start with, as this helps you know you’re comparing apples with apples.
Electricity discount offers are often advertised as a way to save money on your energy bills. These discounts can come in various forms, such as a percentage off your bill, a set dollar amount off your bill, or a combination of both. However, it's important to carefully read the terms and conditions of the discount offer, as some discounts may only be available for a limited time or may have certain eligibility criteria. In some cases, the discount may only apply to a portion of your bill, while other charges (such as the supply charge) remain unchanged.
There are many different tariffs which can be charged for electricity, ranging from:
The best tariff for you will depend on your electricity usage, when you use the most energy and what types of appliances you use it for. Having a clear idea about how and when you use electricity (which you can see from a recent electricity bill) will help you choose the most appropriate plan for your particular usage.
A feed-in tariff is a program which allows homeowners with solar panels to sell excess electricity generated by their solar system back to the power grid. This tariff is also referred to as a ‘solar tariff' or ‘buy back rate' and is measured in cents per kilowatt-hour (kWh). Therefore, if you do have solar panels on your roof, a major consideration will be the feed-in tariff you receive.
The rate you may be able to receive for your excess electricity isn’t fixed and depends on various factors, such as:
Look at the fees that are charged by the provider, including:
Comparing fees will help you see which provider is offering the lowest fees as part of their billing package.
Tell us what kind of electricity plan you want and how much energy you usually use. If you have solar panels, let us know what the feed-in tariff you are receiving is and how much electricity your solar system generates
You’ll instantly be shown electricity plans which are available in your area, so you can compare the different plans and see how much you could potentially save by switching providers
If you find a cheaper electricity plan than what you already have, you can switch providers online all in one place and start saving money almost immediately
There’s no need to worry about annoying sales calls, as you can pick the plan you like and have the switch handled for you. Once this has been completed, your new provider will contact you to finalise the connection.
It's a super easy process which allows you to compare and switch electricity plans online without any hassle. Compare with us today and start saving money on your electricity bill!
Turn off all lights and electronics when you’re not using them. By being mindful of your energy usage and turning off lights and electronics when not in use, you can reduce your energy bills and overall carbon footprint.
By investing in energy-efficient appliances and light bulbs, you can save money on your energy bills and help reduce your impact on the environment.
Time-of-use tariffs can offer significant savings if you shift your electricity usage to off-peak hours. This means running your appliances and using electricity when demand is lower, typically in the evenings and weekends.
By comparing plans through Savvy, you may be able to find a plan with a lower rate, lower additional fees or higher feed-in tariff, saving you money on your energy bills.
Every home needs an electricity connection. From powering your fridge to your television, it's important to know the differences between electricity plans before you buy.
Who doesn't love a warm, cozy bedroom in winter or a hot shower on a cold morning? Natural gas helps heat things up in your home, so getting the right gas plan is crucial.
Solar panels are becoming increasingly common as Australians make a sustainable switch. Your connection to the grid is still important for when the sun isn't out, though.
Energy providers are now providing plans to Australians who want to make use of more environmentally friendly sources. These are often known as green energy plans.
Savvy is partnered with Econnex Comparison (CIMET Sales Pty Ltd, ABN 72 620 395 726) to provide readers with a variety of energy plans to compare. We do not compare all retailers in the market, or all plans offered by all retailers. Savvy earns a commission from Econnex each time a customer buys an energy plan via our website. We don’t arrange for products to be purchased directly, as all purchases are conducted via Econnex.
Any advice presented above is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an energy plan. For further information on the variety of energy plans compared by Econnex, or how their business works, you can visit their website.