NSW has the highest energy consumption of any state in Australia, largely because it is the most populous. Econnex compares all the current energy providers and supplies its customers with the information to find the cheapest gas and electrical solutions for them in Sydney and NSW. Don’t pay more than you must for your energy!
There are three distributors of electricity in Sydney: Ausgrid, Endeavour Energy, and Essential Energy. Your location determines your distributor. Even so, there are a range of retailers you can choose from. Some of the big names include Origin, Red, Simply Energy, and a whole range of others.
In 2014, the government brought in deregulation legislation. This leads to more competition in the market, which should drive prices down further. In order to take advantage, first, check your current tariff rate. Your electricity tariff is the pricing structure that determines how much you are charged for energy, this includes:
Smart meters are another option to reduce your costs.
As well as measuring electricity use, they also track in real time, are more accurate, and you can access your usage data from an online portal. A recent study in 2015 found that consumers who switched to the lowest available offer could save up to $522.
Nearly 40% of households haven’t compared prices and switched to a cheaper plan; if you haven’t, now is the time! For thorough and always industry-current comparisons of gas and electricity providers in Sydney and NSW, look no further than Econnex. Not in NSW? We also help residents in Victoria source the cheapest energy!
Similar to electricity, three companies distribute gas in NSW. These are the Central Ranges System, Jemena Gas Networks, and Wagga Wagga Gas Distribution Network which is owned by Australian Gas Networks who outsources the operation of the network to the APA Group.
Your distributor is determined by where you live, but you can choose a range of retailers. Some of the big names include Origin, Red, Simply Energy and a whole range of others.
Some suppliers (standard gas suppliers), are assigned to certain regions and can only offer one price. This is determined on the 1st of July each year by IPART.
Gas tariffs are typically less flexible than electricity. However, you still may be able to find a cheaper tariff by comparing your gas plan.
Certain households, those using Liquefied Petroleum Gas (LPG), may be eligible for a NSW gas rebate excluding small gas bottles, saving you $99 a year.
If you are undergoing financial hardship, you may be also eligible for vouchers through the Energy Accounts Payment Assistance Scheme.
You can choose a gas retailer for a lower rate – click here to compare.