The Australian energy market works differently depending on where you live. If you live in regional Queensland, the NT, or Tasmania, the market is highly or completely regulated, meaning you have little to no choice of who your retailer is. If you're a resident of South East QLD, NSW, VIC, SA, or the ACT, there's plenty of competition between retailers and you can pick your provider and energy plan freely. Here's what you could stand to save by comparing:
- Some Aussies can save as much as $119 a quarter on their electricity bill.
- Among 37 electricity providers, the average difference was $92.
- Among the three largest providers (AGL, Origin Energy and EnergyAustralia) the average energy user could be saving more than $70.
Note: Numbers last checked May 2020.
