Electricity bills are climbing across Australia, and for small business owners, every extra dollar counts. From retailers and cafes to trades and offices, rising energy costs can quickly eat into your profits. If you’re not reviewing your energy plan regularly, you could be overpaying without even realising it. That’s why it’s smart to look at Small Business Electricity Rates now, especially before peak seasons hit.
This blog guides you through what’s driving Aussie energy prices, how to protect your bottom line, and the steps to take if you’re considering switching plans. Many businesses are already choosing to switch energy suppliers to get a better deal and avoid unnecessary costs.
Why Are Small Business Electricity Rates Rising?
Several factors influence Australian energy prices:
- Wholesale energy costs have gone up across the country
- Ongoing maintenance and upgrades to the grid add to your bill
- Retailers pass these costs down through usage and supply charges
On top of that, many default or standing offers have increased in price recently due to changes in the Default Market Offer (DMO). If you haven’t reviewed your plan in 12 months or more, it’s likely you’re not on the best available deal.
The Danger of Staying on Default Offers
Small businesses often stick with their energy provider out of habit. But staying on a default offer can mean you’re paying more than necessary. These rates are designed to be a fallback, not the most competitive.
That’s why business owners are encouraged to check and compare energy Australia plans to see if there’s a better offer available. Some retailers offer special business rates or plans tailored to high-usage hours, which may better suit your operations.
How to Check if You’re on the Right Plan
Not sure what you’re paying? Here are a few things to look at on your current bill:
- Daily supply charge: This is the fixed cost you pay each day, regardless of usage
- Usage charge: Charged per kilowatt hour (kWh) of electricity used
- Contract length: Are you locked in? Are there exit fees?
- Discounts: Are they conditional? Have any expired?
If your charges or discounts don’t add up, or your contract is outdated, you’re likely paying more than you should. For many business owners, this is the point at which they Switch Energy Suppliers and look for a deal that better matches their day-to-day business operations.
Before You Switch
Check some of the following:
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Does Your Energy Plan Fit Your Business Hours?
Many businesses operate during peak hours, which can result in higher electricity costs. However, some plans offer better rates if you can shift certain activities to off-peak periods, such as running dishwashers, laundry, or charging equipment after hours.
You can also install a simple energy monitor to track when and how you use power. This kind of insight helps when you check energy Australia options based on usage patterns.
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Should You Consider a Fixed vs Variable Rate?
- Fixed-rate plans: Lock in a fixed price per kWh for a contract period
- Variable rate plans: Change depending on market conditions
In times of rising prices, a fixed rate can offer cost certainty. However, it’s not always the cheapest. This is where it pays to jump online and compare energy Australia plans to see which model fits your business best.
Planning to Move or Expand? Sort Your Energy Early
If you’re opening a new branch or relocating your office, make sure to arrange your AGL New Electricity Connection ahead of time, and this can also mean you get a same-day connection. Leaving it too late can lead to delays, especially during busy periods or if new metering is needed.
Having your energy plan sorted before move-in means no surprises and no downtime.
Signs It’s Time to Switch Energy Supplier
You may be accustomed to your current provider, but that doesn’t mean you should remain loyal if the numbers aren’t adding up. It might be time to switch energy suppliers if:
- Your bill has gone up for no apparent reason
- You’re out of contract or on a standing offer
- Your discount period has ended
- Your business hours don’t align with your plan
Reviewing your bill quarterly and comparing your plan every 6 to 12 months is a healthy habit that keeps your costs in check.
Make Sure to Look Beyond Discounts and Promises
Energy retailers often promote big discounts or “limited-time” offers. But make sure you look beyond the marketing:
- Are the discounts guaranteed or conditional?
- Are you paying more on the supply or usage side?
- Is there a cheaper plan with no lock-in contract?
That’s why many business owners Check Energy Australia plans through independent comparison tools or speak to energy consultants who understand small business needs.
Summary: Need Help Comparing Plans? We Make It Easy!
If all of this sounds time-consuming, don’t worry, you’re not alone. At Deal Expert, we make comparing small business electricity rates quick and straightforward.
We’re a free broadband, electricity, and gas comparison service for Australian households and businesses. You can:
- Get connected in less than 60 seconds
- Access a wide panel of trusted retailers
- Speak directly with energy and broadband experts
- Find the most suitable plan without hidden costs
Some of the energy providers we compare include:
- Energy Australia
- OVO Energy
- Tango Energy
- AGL
- 1stEnergy
- Blue NRG
- Next Business Energy
- Plus more
Why Businesses Trust Deal Expert
- No paperwork or long forms
- Fast, expert support over the phone
- Transparent pricing with no hidden fees
- Energy and broadband plans all in one place
Whether you’re running a home-based business or multiple sites, we’ll help you find a plan that makes sense and, most of all, saves you money.
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