Deal Expert

What Should You Consider When Comparing Electricity and Gas Plans?

Choosing the best Australian gas and electricity plan requires more than just finding the lowest rate. You need to think about many factors including various Gas Rates when making your choice. 

If you’re a first-time renter, homeowner, or just looking to switch energy and gas providers, you need to closely examine your options. We’ve put together a handy guide to help you take a thoughtful approach to choosing the right supplier for you.

11 Tips for Comparing and Choosing the Right Energy and Gas Supplier

  • Understand Your Energy Needs

The very first step is knowing your household’s energy requirements. Here’s how:

  • Maintain a note of your usual gas and electricity use as well as the times when you use them most.
  • Examine your recent invoices to gain insight into your consumption habits.

If your household consumes more energy during off-peak hours, some plans might be better suited for you. 

Similarly, think about your appliances. Homes with electric heating, cooking, and cooling will naturally use more electricity, while those with gas-powered appliances will rely more on gas. Exploring options like an AGL electricity connection can also help in choosing a reliable service.

  • Compare Rates and Pricing Structures

Australian energy providers often offer different pricing structures, which can affect your overall costs. Here’s what to look for:

  • Fixed Rates

With fixed-rate plans, your energy price stays the same for a specific period. This option can provide stability, especially during times when market prices fluctuate.

  • Variable Rates

These rates can change based on market conditions. While they may offer savings when prices drop, there’s also the risk of paying more during price hikes.

  • Time-of-Use Rates

Depending on the time of day, certain providers charge varying prices. It might be a more affordable choice if you can move your energy usage to off-peak hours.

Knowing how these plans operate will help you choose the one that best suits your consumption patterns if you decide to Switch Energy Suppliers. In fact, “If you haven’t changed your energy and gas plan in the last twelve months, it’s likely that you are paying more for your electricity than you need to,” said ACCC Commissioner Anna Brakey.

  • Check Additional Fees and Charges

When jumping online to compare plans, don’t just focus on the headline rate. Look for any extra fees that might apply, such as:

  • Connection Fees

Some providers charge a fee to set up or connect your service.

  • Disconnection Fees

If you decide to move or switch energy suppliers, you might face a disconnection charge.

  • Late Payment Fees

Missing a payment could result in extra costs.

  • Credit Card Fees

Paying your bill by credit card might attract a surcharge.

Understanding these charges can help you avoid surprises on your bill. If you’re after a Same-Day Electricity Connection, make sure  to check any associated costs upfront.

  • Renewable Energy Options

In 2023, 35% of Australia’s power came from renewable sources. In fact, the government and more Australians are searching for greener energy sources.

If sustainability is a priority for you, check whether the energy or gas provider offers renewable energy plans or green energy add-ons. For example, AGL’s new electricity connection often includes renewable options that align with eco-conscious values.

  • Review Contract Terms

Make sure you understand the contract details. Look out for:

  • Contract Length

Some plans lock you in for a fixed period, while others offer more flexibility.

  • Exit Fees

If you want to leave a fixed-term contract early, you might have to pay a penalty.

  • Discounts and Offers

Many providers offer introductory discounts. While these might seem attractive, check whether they apply for the entire contract for just the first few months.

Paying attention to these details can save you from headaches later on, especially when comparing energy and gas plans.

  • Customer Service and Support

Good customer service is often overlooked when comparing Aussie energy plans. Always check reviews or ask for recommendations to see how reliable a provider is in handling issues. Fast and effective customer service can make a big difference if you ever face billing errors, outages, or other problems.

  • Compare Billing Options

Different providers offer various billing and payment options. Some plans allow you to pay monthly, while others offer quarterly billing. Select the option that suits your budget. It’s also advantageous to check if the provider offers flexible payment methods, such as direct debit, BPAY, or credit card.

  • Bundling Gas and Electricity

If your household uses both gas and electricity, bundling these services under one provider can sometimes lead to discounts or convenience. However, always compare Australian energy rates for gas and electricity individually to ensure the bundled deal offers genuine savings.

  • Consider Solar Power Incentives

If your home has solar panels, some providers offer feed-in tariffs. This means they’ll pay you for any extra energy your system sends back to the grid. For example, AGL’s New Electricity Connection may include competitive feed-in tariffs, making it a viable choice for solar-powered homes.

  • Compare Providers’ Reputation

Don’t underestimate the value of researching a provider’s reputation. Look into reviews, ratings, and how they handle customer complaints. A provider with a strong reputation for reliability and transparency can offer peace of mind, especially when looking at same-day electricity connection options.

  • Government Rebates and Concessions

Verify if you qualify for available government financial support. Specific conditions such as your age and medical requirements may qualify you for government rebate, reducing your energy bills. It’s worth visiting the official website to discover which benefits you can get and ensure your energy company supports these programs.

Wrapping Up

Choosing the right energy plan doesn’t have to be complicated! When you take the time to compare energy plans in Australia, you’ll be able to reduce your bills after finding the best provider for your needs. However, your energy needs and personal plan details matter when you decide which one to choose.

Deal Experts can help remove the confusion by providing support to anyone who needs assistance with supplier selection. We assist Australians throughout the country to compare their energy options including electricity, gas, and broadband plans without any costs. 

We offer full support whether you’re looking at different gas rates or want to switch energy suppliers. Our free service connects you to established providers so you can easily select energy plans that fit your needs. 

Reach out to us now to learn about how you can make some big savings!.

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