Residential Electricity

Every household is unique, so it’s difficult to determine the root cause of a high power bill. However, there are a variety of factors that can contribute to high costs. This could be anything from high energy consumption to being on an overpriced energy plan. One of the easiest ways to check is to call Electricity Monster and speak to one of our energy experts. We’ll analyse your power bill and provide you with a number of free residential energy solutions. 

Do you feel like you’re not using much electricity but still paying absurdly high bills? We can help. Give us a call today, and we’ll see what options you have to help lower your power bill.

Electricity Monster provides a 100% FREE Electricity Comparison Service for consumers looking for a better electricity rate. In deregulated areas of Australia, you can choose your power company. With dozens of different residential electricity retailers operating within Australia, you have plenty of options, so it makes sense to shop around and compare the market. 

We can initiate this process for you. All it takes is one call, and we’ll help you find a fair deal for a fair price.

Electricity Monster is a 100% Free Service for consumers. We compare plans within our network of trusted electricity providers and provide you with our best offer.

The whole process can take as little as 15 minutes, depending on your personal needs and circumstances.

Electricity Monster will provide a free comparison of your current energy rates, and then provide you with competitive offers from our partnered residential electricity retailers. In certain cases, we can help initiate the switch through the phone. Call us today and see how we can help.

Switching energy retailers can potentially save you money, but it's important to understand the process and factors involved. Before you switch, review your current contract terms, including any early termination fees or renewal clauses. Then, start comparing the market plans based on factors like rates, customer service reputation, features, and discounts. Before making the switch, you’ll also want to make sure that there's no interruption in service by coordinating the transition dates between your old and new providers - or you can call Electricity Monster and our team can handle this process for you. Keep in mind that while switching can be beneficial, it's also important to read your contract and understand all terms and conditions before committing.

Lowering your residential electricity bills often involves a combination of discipline and strategic planning. You can start by conducting an electricity audit of your home to identify areas where electricity is being wasted. Small steps such as raising the air conditioner temperature, upgrading insulation, and using energy-efficient appliances and lighting can make a significant difference. Also, consuder adjusting your thermostat settings and use programmable thermostats to optimise heating and cooling efficiency. Taking advantage of off-peak hours for energy-intensive errands like laundry and dishwashing can also help lower your costs. Additionally, if you’re keen on renewable energy, making the switch to solar can provide an array of benefits.

Choosing renewable energy to power your home offers several environmental and financial benefits. Renewable energy, such as solar or wind power, reduces reliance on fossil fuels, lowering your carbon footprint and contributing to environmental sustainability. 

On top of this, many energy retailers offer renewable energy plans with competitive solar feed-in tariffs - these are essentially credits that you earn by exporting electricity to the main grid. It’s important to remember that a high feed-in tariff doesn’t necessarily mean you’re getting the best deal. Understanding your usage profile and whether you’re a high exporter or reliant on the grid can help determine what plan is best for you.

Several factors can impact your energy bill. These include the amount of electricity you use, the rate you are currently on, and the season, as electricity usage can vary based on temperature fluctuations, typically being higher in summer and winter. The efficiency of your appliances also plays a role, as older or inefficient appliances will generally use more electricity. Additionally, the size of your home and the quality of its insulation can impact your electricity needs, with larger or poorly insulated homes often requiring more energy for heating and cooling.

Fixed, variable, and time-of-use rates are different pricing structures offered by energy retailers. As the name suggests, fixed rates offer a set cost per kWh that does not change during the contract period, which is ideal for consumers who prefer a more predictable model. Variable rates, on the other hand, can change based on market conditions, which means your cost per kWh can go up or down. Time-of-use rates charge different prices for electricity depending on the time of day, with higher rates during peak hours and lower rates during off-peak hours. This structure can encourage you to use electricity during times when it is less expensive.

Switching electricity plans or providers involves a few steps. First, you’ll want to compare the market to see what options are available in your area. Next, you’ll want to compare your current rate to prospective plans that you’re interested in. This is important because you don’t want to sign up for a plan that “looks” better but actually costs you more in the long run. For example, do you want a plan with no lock in contracts and zero exit fees? Do you want several payment options to pay your bill? Are you on a plan that charges more or less during peak times? These are all important questions you should consider during your search.

Consider your usage profile and see what type of plan suits you the best. Do you work at home and use the internet for long hours in the day? Or, do you only use energy at the end of the day after your shift? As granular as this might seem, it can play a large role in how much you pay on your bills. Once you’ve chosen a new provider, sign up with them, and they will handle the switch. It’s important to monitor your first bills with the new provider to ensure the new rates and terms are correctly applied.

If this sounds like it’s too much work, call the experts at Electricity Monster instead. Our team will compare plans within our network of partnered providers to find you the best deal we have available. We’ll also analyse your bill and provide you with suggestions based on your usage. Have questions regarding solar or feed-in tariffs? We can help guide you through some of the best solar plans currently available. Call us today and let our energy experts get you a fair deal for a fair price.