Did you know homes and small businesses in NSW will soon be hit by another power price rise?
From 1 July 2012, electricity prices are estimated to increase by 16 % on average across the State, and about 19 % in some parts of NSW.
How will this impact me?
Electricity costs will increase significantly – adding $182 to $381 to the average household bill.
Why are the prices increasing?
The price rises are largely the result of rising network charges, retail increases and the carbon tax (see figure below).*
* Many residents are still on a default rate with little or no discount on their bill. Not all customers realise they have a choice and different retailers offer a variety of rates and competitive discounts. Customers can potentially save hundreds of dollars each year by shopping around. Moving to a lower cost energy provider is easy and will not interrupt your power supply.
What can I do about it?
You can’t avoid a price rise but you can act now to reduce costs. Start with making sure you are getting a good rate or discount on your energy bills. Energy Quotes works with a number of energy suppliers and can provide a free, no obligation quote today. Visit our website or call us now. We only recommend changing energy providers if we can save you money.