Cheapest Electricity Rates

You could call several energy retailers, visit their websites, and spend hours comparing their rates and what discounts they offer. However, this can be a stressful and time-consuming process that might not even land you an energy plan that fits your budget.

Instead, you should get in touch with the energy experts at Electricity Monster. We’ll compare your current energy provider with the best rates available within our network of partnered energy companies. Our service is 100% free, so don’t wait – call us now and see how we can help.

Plan rates change frequently in every region or state. Several factors can influence the actual price you’ll be paying, like discounts, energy consumption, and more. What you should be looking for is a suitable plan that matches your household’s energy needs, offers favourable contract terms (e.g. discounts, tariff type, etc.), and is ultimately cost-effective. There are dozens of energy providers currently in operation, which means you have the freedom to choose who you want to sign up with.

No, not at all. Electricity is electricity. No matter what retailer you are with, you will receive the same electricity as anyone else, so there’s really no need to worry about getting a lower quality of electricity when you switch to companies that might be offering lower energy costs.

If you’re still unsure about what sort of price you could be paying, call our energy experts at Electricity Monster now. We'll help you compare plans and get you the best deal we have available.

There are many reasons why your power bill might be quite high. One thing a lot of people don’t take into consideration is a phenomenon known as the “loyalty tax”. 

Let’s say you signed up with a big retailer a few years ago. When you first signed up, you might have been offered a competitive discount for paying on time and at a low rate. However, as time goes on, your discount expires, so now, regardless of whether you are paying on time or not, you’ll see a big increase in how much you pay. Meanwhile, you’ve remained a loyal customer for many years and have reaped no reward. This is the loyalty tax. Want sharper rates? Call Electricity Monster, we can help you out each time your contract expires, so you’re always on a sharp rate.

Also known as a daily supply charge, a fixed charge is not based on how your energy usage. It is the cost of supplying energy to your property.

Also known as a consumption charge, a variable charge is the amount you pay for each unit of electricity you use. You can find this listed on your bill as cents per kilowatt hour (c/kWh) for electricity.

All states and territories in Australia have unanimously made smart meters the default meters, which means if you are replacing an old meter or are upgrading, the installer will default to a smart meter.

Smart meters offer a wide range of benefits. For one, a smart meter will measure your energy consumption and solar export every 30 minutes and then send this information to your provider automatically. This means your energy provider will bill you for exact energy usage – you’ll no longer have to deal with estimated bills.

Here are some benefits of smart meters:

• Smart meters provide in-depth information about energy consumption, which can lead to more ways to be energy efficient by managing how you use your electricity throughout the day. 
• Energy providers can connect and disconnect your power remotely, reducing delays if you move house.
• Smart meters can offer insight into your electricity usage to help you find a suitable solar system.
• A smart meter will allow your energy provider to monitor the quality of your energy supply better.

Also, it’s important to note that upgrading to a smart meter won’t automatically mean your power bills will go down. It’s still recommended to shop around to make sure you get the best deal on an electricity plan. The energy rate you received when you initially signed up for your plan may not be the best rate available anymore. Your benefit period can expire after a period of time, leading to higher rates and more money out of your pocket. By comparing the market, you’ll not only be able to see what plans and rates are available, but you may be able to lower your electricity costs by switching to a more cost-effective energy plan. This is ideal, especially with the energy market being as volatile as it is.

Fortunately, all it takes is one call to Electricity Monster, and our energy experts will seamlessly guide you through the process, analyse your energy usage, and provide you with various free solutions. Call us today to learn more.

Many Australians tend to stick with the same retailer or don’t bother to shop around for a better deal. However, in states like Victoria, New South Wales, Queensland, and South Australia, there are dozens of retailers on the market. Each of these electricity providers has its pricing plans, discount offers, and incentives to get you to sign up with them. In the same way, you might get a mortgage broker to help you find a great deal on your home loan, utilising a service like Electricity Monster can be financially advantageous when it comes to your utilities. Not to mention we offer a 100% Free Service. So call Electricity Monster today.

Don’t worry. We can help you out with your gas needs as well. Many retailers offer gas plans along with their power plans, and the same is true for our partners. If you tend to use a high amount of gas, finding a way to lower your gas bill is just as important as getting a great deal on your power. Finding yourself a cheap electricity supply is one thing, but once you get your gas at a great rate, you could really start to see some savings. If you’ve got electricity and gas needs, get in touch with Electricity Monster, and we’ll help you through every step of the process.

To find the cheapest electricity plans, you'll want to start by comparing the market. Try and consider everything that’s offered, from discounts and benefits to high solar feed-in tariff rates. All of these variables will factor into how much you'll pay in the long run and can affect the amount you'll see on your energy bill.

Comparing cheap electricity providers in Victoria, for example, can help distinguish who offers the best energy plan that is particular to your needs. In order to find a cheap electricity deal, you’ll want to compare electricity plans and electricity retailers. The bad news is that this process can be time-consuming, stressful, and flat-out annoying. 

Phone us at Electricity Monster instead. We can help you get connected to the best deal we have available. Our energy experts pride themselves on getting you a fair rate for a fair price. Give us a call now to learn more.

Understanding the information on an energy bill can be quite confusing, especially with all of the confusing terms that are littered throughout.

Here are some things you should check to make sure your power bill looks correct:

• Your name, address, and the bill date.
• The amount you are required to pay, including any credits or money owed from previous bills, and the date that you need to pay it.
• Your meter number on your bill should match the number on your electricity meter.
• The billing period, which is the period that you are being charged for any energy usage.
• The meter reading that has been used to calculate the total amount of electricity used by your household during the billing period (this is measured in kilowatt hours or kWh and megajoules or MJ for gas).
• The dollar amount that your electricity provider is charging you for each kilowatt hour (kWh) of electricity or megajoule (MJ) of gas. 
• The supply charge for your billing period. This will be a fixed charge for supplying your property with energy. This charge is not based on how much electricity you use.

One of the best ways to save money on your electricity bill is to check and see if you’re on a sharp rate. Lowering your energy consumption can only save you so much, so it’s important to compare the market, find a competitive electricity plan, and switch. 

Remember, just because you signed up for a great deal years ago doesn’t mean you’re on the same energy rate. Your benefit period may have ended, which can lead to a loss of any discounts that were applied when you first signed up for the plan. Once your benefit period has ended, your rates could go up significantly – leaving you with a high energy bill.

At Electricity Monster, we'll compare electricity plans and find you the best deal we have available. Our team of energy experts also offers a variety of free solutions to help you lower your energy costs. Don’t wait. Your energy rate won’t go down on its own. It’s time you considered switching to a better deal.