Out of all the Australians population, only 25% believe that the energy market is working in the interests of the consumers. Most of the populations are worried about their utility bills. There are many websites that helps to compare retailers but it has become a complex process as many service providers claim to offer the cheapest price in the market. Based on the consumer research for the Right Retailers, the best way is to take the help of Energy Compare Victoria.
There are mainly two types of charges: a fixed supply charge independent of your consumption and a usage charge based on your consumption. One thing to note here is that there are two types of energy rate plans one is Fixed-Rate Energy Plans and the other is variable rate energy plans.
- Fixed-Rate Energy Plans– This plan allows you to choose an energy rate (kWh) price that offers a fixed price for the entire period. This is good for people who can monitor their usage throughout the day and want to avoid surprises.
- Variable Rate Plans- This plan means that different rate is charged for the other parts of the day. Variable-rate plans can fluctuate based on weather, demand and other variable changes.
Once you have your basics clear down, you can make an informed decision and select the right provider using Energy Compare Victoria service. You can take the help of aggregator websites to find an affordable and reliable energy provider. Choosing your energy plan and the providers gives you the flexibility to select the most competitive plan in the market. However, before you make the final decision, you need to keep a few things in your mind. Some of them are as follows:
- Kind of energy you need- You need to ensure what sort of energy you need if your home has electric heaters, boilers, or appliances that use natural gas. You can have electricity needs or gas needs or need a mix of both. Knowing what sort of energy your household needs is the first step in choosing a provider.
- Look at Your Energy Patterns- Every household has a different usage pattern; the energy usage may fluctuate from different seasons or the weekend vs. weekday. This also allows you to practice energy conservation to decrease your monthly electricity or natural gas bill. Changing your usage pattern may save you a lot on your bill.
- Consider Your Locality- Australia is a deregulated market, meaning most electricity and gas networks are public and privately owned. For instance, when it comes to Tasmania, Western Australia, Northern Territory and Queensland, there are 100 per cent government ownerships. While in Victoria, South Australia, these are 100% privately owned entities. So, based on the locality, choose the provider that you need.
Closing Lines
Being aware of all the factors allows you to take the most informed decisions and as a consumer you must always find the best the Right Retailers using the Energy Compare Victoria.
