Globird Price Increase

Anyone else just get the email about price increases for Globird from 1st Jan 2024

NSW - Sydney

Electricity new rates

Charge Description (Power)

New Rates
Daily Charge ($/Day) $1.06700
Peak Usage ($/kWh) $0.59730
Off-peak Usage ($/kWh) $0.29480
Shoulder Usage ($/kWh) $0.29480

Time to do some research

Related Stores

GloBird Energy
GloBird Energy

Comments

  • +3

    That really depends on your area. my email had a daily charge of 85ish c and 35ish /kw
    and yes time for a change regardless.

  • +2

    wholesale prices are down, Globird having a laugh?

  • mate what, over 1 dollar per day
    I pay
    83.299 c/day
    34.601 c/kWh

  • I'm also in Sydney (Endeavour) with Globird and got the email yesterday. New rates are different to yours though:

    Daily charge is $0.949
    First 20kwh per day $0.37 per kwh
    Above that $0.41 per kwh

    Shopping around there are better deals, although as none seem to offer locked-in rates switching may only be beneficial for a brief period.

  • I'm Sydney (Endeavour) and nothing received as yet.

  • No email but in Vic (Citipower) I'm paying $1.144 Daily charge, and $0.2937 per kWh. I've done the Vic Govt comparison a few times, they don't come anywhere near the cheapest any more. I need to pick someone else and move as basically I'm being ripped off. What complicates it is we also have Gas.

    • What complicates it is we also have Gas.

      Use different companies for Power + Gas. I used Energy Aus for Power and then AGL for my Gas. Combining doesn't always save you $$$$

  • I wish I could get those prices in VIC (maybe not the peak rate, that seems very high!) ! I am on $1.32 per day and then 45c per kWh for peak and 26c per kWh for off peak.

  • +4

    Actual costs for electricity will vary by area so it's not helpful as a comparison to tell us your $/c cost. You need to tell us your % increase.

    For example, my daily charge is $0.82, while my parents, who live out in the country, pay $1.62.

    My parents got the notice; still awaiting mine. Their numbers, Essential Energy area:

    • Peak is up 25%
    • Shoulder, offpeak, controlled load is up 30%
    • Daily charge is up 11%.
  • Yes i got the email… what else is better?

    daily charge 0.825 —> 1.067 +30%
    peak 0.34 —> 0.597 +74%
    off peak 0.23 —> 0.29 +30%

    • +1

      Me peak is similarly up, almost doubled.

      Was warned GloBird are classic bait and switch, not surprised!

  • No email yet, and I hope it doesn't change that much as I'm currently getting amazing prices atm

  • +1

    Daily Charge ($/Day) $0.65 -> $0.79 +21%
    Anytime Usage $0.26 -> $0.38 +48%
    Anytime Usage $0.29 -> $0.42 +46%

    Gas Daily Charge ($/Day) $0.54 -> $0.58 +6%
    Gas Usage Summer $0.04 -> $0.05 +26%
    Gas Usage Summer $0.03 -> $0.04 +28%
    Gas Usage Winter $0.04 -> $0.05 +26%
    Gas Usage Winter $0.03 -> $0.04 +28%

  • +1

    Gas Daily Charge ($/Day) $0.66 -> $0.605 -8.3%%
    Gas Usage Summer $0.038 -> $0.0528 +39%
    Gas Usage Summer $0.029 -> $0.039 +33%
    Gas Usage Winter $0.038 -> $0.0528 +39%
    Gas Usage Winter $0.029 -> $0.039 +33%

    Shopping Time

  • +2

    Anyone know a gas provider that has lockin contract?

    Globird new rates are a rippoff

    • There really don't seem to be any. I had a look because prices are expected to go up in 2024. Origin has a "12 month contract term", but it's a variable rate anyway.

  • i've checked that for me Momentum and Red Energy are the cheapest.
    Anyone knows if they might also increase their current rates in January?
    I'm just thinking if I should move ASAP or wait until January.

    • Same, not sure what I should do, last time globird came out with better pricing after the changes…

      Not sure if they will this time?

      Maybe someone in the industry can chime in?

    • +2

      Red Energy has a rate lock until Jun 2024

      From my area, it's cheaper than GloBirds new rates.

      • Do all of their plans have a rate lock? Looking on their website and it only shows the Red Fixed Saver plan that has fixed rates, but the rates are a lot more expensive compared to their other plans (Living Energy Saver).

        • +1

          You're most likely right, prob best to call them and see if they have any phone only offers / price beat or price lock with other plans

          Worth a try.

          I've only been with globird for 3 months and they're really ticking me off for some reason

  • +1

    I intend on moving to either Origin or AGL. Anyone know when these companies normally announce any increases?

  • +1

    Just got the email, my rates as follows

    Current > New

    Electricity
    Daily Charge ($/Day): $0.82500 > $0.81400 = -1.35%
    Anytime Usage - Step 1: 0.00-20.00 kWh/Day ($/kWh): $0.33990 >$0.39270 = +15.53%
    Anytime Usage - Balance ($/kWh): $0.36410 > $0.43450 = +19.33%

    Gas
    Gas Daily Charge ($/Day): $0.56100 > $0.56100 = 0%
    Gas Usage Summer - Step 1: 0.00-20.70 MJ/Day ($/MJ): $0.04290 > $0.05940 = +38.46%
    Gas Usage Summer - Balance ($/MJ): $0.03102 > $0.04400 = +41.84%
    Gas Usage Winter - Step 1: 0.00-20.70 MJ/Day ($/MJ): $0.04290 > $0.05940 = +38.46%
    Gas Usage Winter - Balance ($/MJ): $0.03102 > $0.04400 = +41.84%

    BYE BYE GloBird…… Red Energy for my address seems very attractive now.

    Do you think they're trying to recoup losses from the 30% off market price offer? https://www.ozbargain.com.au/node/786615

  • I seem to be moving Electricity Providers every 6 months or so
    Back to RedEnergy it is

  • Caution!

    When swapping energy providers, CALL THEM and make sure they apply it from the NEXT meter read, not the PAST meter read.
    otherwise it may result in more cost

  • Got mine and I am changing to Dodo (Endeavour Energy NSW - western suburbs of Sydney):

    From 23.87c/kWh to 33.22kWh
    From 95.7 to 101.2 per day Supply Charge
    It is a 39% increase in the kWh charge and a 6% increase on the Supply Charge.

  • Time to get solar now.

    There's also the possibility of moving to something like Amber and doing some serious energy management if the wholesale price goes >50c/kWH

  • My peak rate went up 80%!
    Shoulder and off peak 30%
    Gas also up around 25-30%

  • My electricity and gas also went up with Globird in QLD. Got a call from Origin (was with them previously) and they offered me 19% off the reference price on both (using Globird’s price increase as a selling point, I didn’t mention them) + a $100 welcome credit, walked through all of the different daily supply charges and rates and it logically made sense to go back to them with the 12 month discount.

    • +1

      what are the actual rates?

  • +2

    Got the email for power and gas (gas usage going up almost 50%!) and switched away the next day.

    In (North West) Sydney
    Electricity, switched to Dodo. Lowest prices in my area.
    Gas, switched to CovaU. Worked out as best price for our usage (1,580MJ/month). Use referral code from ozbargain for $50 off.

    • Dodo looks good for me too, however gas rates Globird seem to have the best so far.
      My usage is not high, so the daily supply charge plays more of a factor

  • You should be shopping around and switching or negotiating every year, anyway. GloBird just seems like a particuarly steep increase for existing customers… but if you switch away for a year, come back you'll probably get the better rates. You could also call and ask.

  • Just advised red energy to call me back to see if they can do a bit better than their online rates, either way, im swtiching.

    BYE BYE GLOSCAM

  • Got the email too, my rates going from:
    Daily charge: $0.99 to $1.045 per day
    Peak Anytime 0.00 - 30.00 $/KWh: $0.345 to $0.4609
    Peak Anytime balance: $0.3685 to $0.4928
    Solar feed-in unchanged at $0.44

    I sent them an email saying I only switched to them 3 months ago and now my rates are going up 33%.
    They came back with an alternative "better offer" of:
    Daily $1.067
    Peak Anytime 0.00 - 30.00 $/KWh: $0.451
    Peak Anytime balance: $0.495
    Solar feed-in unchanged at $0.44

    So essentially the same crap deal just split a fraction different.
    Looks like I'm changing again. Is there any point making a complaint to some kind of regulator? It seems shonky sucking you in to switch then 3 months later a massive price increase.

    • I thought they publicly mentioned that they're holding the price until Jan 2024? At least when I switched 3+ months ago i was already aware that they're going to increase the rate on Jan 2024.
      At that time (around mid year) most other energy companies had already increased the rates

  • I'm now with Dodo but I don't like that the bill you every 3 months instead of monthly like Globird. I also could not get them to use my meter read as the final meter read so the final bill I paid Globird was incorrect.

  • RIP to anyone that switch out of globird, I switch to redenergy but luckily there was an issue with transfer after 1.5 months

    globird came out with new plans a out a week ago for gas! They are the cheapest by far!

    Charge Description (Gas)
    Current Rates
    Before Discount
    Current Rates
    After Discount
    New Rates
    Before Discount
    New Rates
    After Discount
    Gas Daily Charge($/Day) $0.61600 $0.60368 $0.55000 $0.53900
    Gas Usage Summer
    - 0.00-20.70 MJ/Day ($/MJ) $0.05225 $0.05121 $0.03575 $0.03504
    Gas Usage Summer
    - Balance ($/MJ) $0.03740 $0.03665 $0.02860 $0.02803
    Gas Usage Winter
    - 0.00-20.70 MJ/Day ($/MJ) $0.05225 $0.05121 $0.03575 $0.03504
    Gas Usage Winter
    - Balance ($/MJ) $0.03740 $0.03665 $0.02860 $0.02803

    :D

    • Not sure what you're on about. The promo everyone joined on was for electricity. I never joined their gas. Would help to get your location as well.

      • How about you check the website first?

        They lowered their electricity rates as well just a week ish ago

        Im in sydney, both electricity and gas wholesale prices have dropped a lot!

        Charges
        Units
        Before Discount
        (INC. GST)
        After Discount
        (INC. GST
        )
        Daily Charge
        $/Day 0.77000 0.74690
        Anytime Usage - First 20 kWh/Day#
        $/kWh 0.29920 0.29022
        Anytime Usage - Balance
        $/kWh 0.32560 0.31583
        Controlled load
        $/kWh 0.19800 0.19206

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