Sponsored Not shopping around? It could be costing you big on energy Updated:

Not shopping around? It could be costing you big on energy

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“Not happy, Jan!” with Australian energy suppliers? You’re not alone.

Companies are facing growing criticism by using standing offers, where loyal customers are being punished for not switching to different suppliers.

This means they’re missing out on massive discounts.

It’s easy to see what’s going on when you look at the stats.

In the period from 2015 to 2017, wholesale electricity prices skyrocketed across the National Electricity Market (NEM) on average by 130 per cent.

We saw that the price paid for electricity actually traded more than double.

That’s now sitting at $18 billion, from about $8 billion.

When you look at this figure hike, it’s not surprising that many Australians have been left scratching their heads in disbelief.

These increases have seen Aussie household bills increase by up to 20 per cent in 2017 alone.

But the news isn’t all doom and gloom.

For when tough times arrive, companies get competitive. And this could mean a better deal for you, right from the beginning.

At ElectricityandGas.com.au, Aussies can find the best deal on the market today to be sure they’re not getting short-changed.

Energy’s energy. We all need it, but it shouldn’t break the bank.

Here’s how you do it

Step 1: Visit ElectricityandGas.com.au

Step 2: Once you select your preferred coverage options, you will have the opportunity to compare quotes from multiple health funds.

Now the Australian Energy Market Commission (AEMC) has released a new shocking report.

It shows that most Australians are paying way more than they need to for energy in their household.

Just take a look at the figures below. This represents the percentage of customers sitting on a market offer.

What this means is that if you fall into any of these majorities, you could be missing out on massive savings.

For example, if you live in Victoria, you’re probably one of the unluckily folks missing out on an opportunity to take a whopping $465 off your energy bill.

And even if you’re living in another state, there’s plenty of evidence to suggest that you could be saving at least $250.

Simply because you haven’t shopped around for a better deal … when we see it written down in dollars and cents, it certainly boggles the mind.

But it’s also easy to understand why so many Aussies won’t take the leap.

Shopping for electricity deals hardly qualifies as a good time, and the amount of information and deals on the web can be quickly overwhelming.

How do you decide?

Well, with Electricity and Gas, it’s easy. And more and more Aussies are beginning to wake up.

An ACCC report has discovered that more customers across New South Wales, South Australia and south-east Queensland are leaving standing offers behind for better deals.

What about you? Are you willing to be left behind with a dodgy energy bill? Save your hard-earned pay cheque instead by finding a better deal on energy today.