Hi OzBargainers, I am looking to do something about the energy rates hike and heard about OneBigSwitch on tv. Out of curiosity registered myself. Recently got an email from them which shows some major differences between my current tariff and the one they have "negotiated" in a group (as they say). Wanted to know what do the infamous OzBargain Community thinks and whether they can share their own experience on how to do something about this hike.
All rates below before any discount for comparative purposes. Existing Provider has told me that I am not locked in however there will be a disconnection fee applied by the distributor. I call this bulls**t because I can't understand how a distributor will change if both below mentioned retailers (existing and prospective) use the same distributor. Also, apologies for my ignorance as I am new to all of this but I need to know whether I need to inform my existing provider of disconnection or simply register with the new provider and they take care of taking over the connection from my existing provider (similar to porting your Sim card / Mobile number).
Current Provider is EnergyAustralia. Pay On Time Discount Electric=18% and Gas=15%
Rates after July-2017 hikes
Electricity Rates:
Applicable Charges
Price excl. GST
Price incl. GST
First 10.9589 kWh of Peak usage per day
$ 0.291800 per kWh
$ 0.3209800 per kWh
Next 8.2192 kWh of Peak usage per day
$ 0.291800 per kWh
$ 0.3209800 per kWh
Balance of Peak Daily usage > 19.1781 kWh
$ 0.291800 per kWh
$ 0.3209800 per kWh
Electricity Supply Charge
$ 0.8560000 per day
$ 0.94160000 per day
Gas Rates:
Applicable Charges
Price excl. GST
Price incl. GST
First 20.712 MJ usage per day
$ 0.039900 per MJ
$ 0.0438900 per MJ
Next 20.384 MJ usage per day
$ 0.026700 per MJ
$ 0.0293700 per MJ
Next 49.315 MJ usage per day
$ 0.025500 per MJ
$ 0.0280500 per MJ
Next 2654.79 MJ usage per day
$ 0.024500 per MJ
$ 0.0269500 per MJ
Next 10964.4 MJ usage per day
$ 0.023500 per MJ
$ 0.0258500 per MJ
Balance of Daily usage > 13709.6 MJ
$ 0.020400 per MJ
$ 0.0224400 per MJ
Gas Supply Charge
$ 0.5810000 per day
$ 0.63910000 per day
Deal through OneBigSwitch from Alinta Energy. Pay On Time Discount Electric=30% and Gas=18%
Electricity Rates:
Domestic Single Rate Alinta Energy Standing Tariffs
Fair Deal 30
Applicable Charges Units GST ex GST inc
Usage of first 10.9589 kWh/Day cents per kWh 29.19 32.109
Usage of next 10.9589 kWh/Day cents per kWh 28.80 31.680
Balance cents per kWh 28.42 31.262
Daily Supply Charge cents per day 87.66 96.426
Gas Rates:
Residential Gas Rates Alinta Energy Standing Offer Alinta Energy Fair Deal Gas
Applicable Charges Units GST ex GST inc
First 20.712 MJ/day c/MJ 3.80 4.180
Next 20.384 MJ/day c/MJ 2.53 2.783
Next 49.315 MJ/day c/MJ 2.34 2.574
Next 2654.794 MJ/day c/MJ 2.32 2.552
Next 10964.384 MJ/day c/MJ 2.22 2.442
Balance c/MJ 1.84 2.024
Daily Supply Charge cents per day 58.70 64.570
I can see that the rates are lower on the new offer however supply charges are higher. Discount is significantly higher for electricity.
Best way to compare rates is to take your old bills and calculate them again using the rates from the providers. Sometimes the higher supply charges more than offsets the usage rates and sometimes they don't. It depends a lot on your actual usage.
There are also some online comparators where you can enter your usage data and it will calculate which provider is cheapest for your usage profile.