How much can you save by switching energy providers?

Switching from a median market offer to the cheapest available plan can save households roughly $200 a year in Queensland and up to $420 a year in South Australia, depending on your state and usage. Moving off a default or standing offer onto a competitive plan typically saves around $100 to $250 a year. In NSW, simply asking your existing retailer for its cheapest plan could save about $300 a year.

How many Australians are confident they're on the best energy plan?

Only 34% of Australians say they're confident they're on the best energy plan for their needs, according to Finder's 2026 Energy Report. That leaves nearly two-thirds who either aren't sure or suspect they could do better.

What is a feed-in tariff?

A feed-in tariff is the amount your energy retailer pays you for excess solar power you export back to the grid. Rates vary widely, from under 5c/kWh to as much as 16c/kWh depending on your location and plan. Yet 32% of solar owners don't know their own rate (rising to 55% in WA), and nearly half receive 5c/kWh or less, so many households with solar are missing out simply by not checking.

Why don't more Australians switch energy plans?

The main barrier is market complexity. With around 40 retailers and countless plan variations, comparing feels like hard work. The Australian Energy Market Commission found 40% of customers don't always open their bills because they feel it's too difficult to compare, so they miss out on opportunities to switch.

How often should I review my energy plan?

At least once a year. Plans, discounts and feed-in tariffs change regularly, so a plan that was competitive when you signed up may not be a year later. Setting an annual reminder to compare is a low-effort way to make sure you're not overpaying.

Ceyda Erem

Senior writer

Ceyda Erem is Finder’s senior writer for insurance and has almost 10 years of experience writing about personal finance. Formerly a copywriter for several business and finance clients, Ceyda has written hundreds of articles, guides, blogs and more to ensure Australians stay in the loop about how to best manage their money. She has a Bachelor of Arts, Majoring in Writing from Macquarie University.

As a newcomer to the world of money several years ago, Ceyda understands the importance of demystifying personal finance. By simplifying complex terminology and topics, she believes readers will feel more empowered to make savvier financial decisions.

Ceyda specialises in insurance, providing comprehensive but digestible information across various products.