Sumo Energy Price Rise from August [South East Melbourne]

I just received an email from Scumbum energy (Sumo) informing me that they are raising my Peak/Off Peak and daily supply charge by 50% and lowering solar Feed-in tariff by 70%. $1.54 daily supply, $0.50 peak and $0.29 off-peak and feed in of $0.033.

Is anyone else seeing this insanity? Am I the only one that thinks this should be criminal?

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Comments

  • Time to swtich??

    I got a price rise email too for 1 August, and guess what, ill just shop around.

    • +1

      I was on the Energy Compare website within 1.38 seconds of receiving their BS email. Just thought i would come here and do my JV duty and b*tch and moan about it haha.

      • I'm also in SE Melb, who did you go with?

  • Everyone will reduce their solar feed in tariffs as the government dropped the FiT rate. But you should shop around for better peak and off peak rates, ignore the solar FiT as plans that give higher FiT always have higher peak/off peak.

  • +4

    There has been news (well, warnings really) in the past few months about energy prices increasing. Yes it's bullshit but this is Australia where cheap energy is sold to people overseas and Aussies are (profanity).

    • -4

      Oh it's way worse than that.

      Look at the devastation being done in QLD (and presumably the rest of the country) right now. And people wonder why our power bills are so high.

      https://www.youtube.com/watch?v=oVJk0F1w-fA

      8 min

      • No, thank you.

      • I don't understand why you've been downvoted for posting that video. Maybe it's a knee-jerk reaction from people who automatically label anything that could be slightly construed as controversial as some sort of right-wing conspiracy theory. I knew QLD was leading the country in terms of land clearing but didn't know how egregious it was.

        Green energy is a mirage/misnomer/scam. All people (well, ignorant people) see are turbines and solar panels that generate electricity so therefore they think "wow, so fresh, so clean" when in reality huge amounts of fossil fuels are required to manufacture solar panels and wind turbines and you also need to mine the earth for minerals like quartz and coal, you need to clear the land (as pointed out in that video and it's also an "out of sight, out of mind" thing for most people), you need to burn diesel to transport all of those things (ever seen a wind turbine being transferred by road? It's quite a sight to behold) and to set them up etc. On top of that wind turbines also require regular oil changes just like cars do and if they aren't maintained they light on fire and the blades can't be recycled so end up in landfill. Sometimes oil can spill out of a wind turbine so that's also great news for offshore wind turbines (which let's face it are set up out of sight so people don't actually see the destruction to the environment wind farms create). And if that's bad these things have a shorter lifespan than nuclear plants so you have to knock them down and rebuild them all over again.

        The only prudent option is nuclear but we needed to have started on that 20 years ago, at least we would have one plant built by now if that was the case. Politicians like Malcolm Turnbull disparage nuclear because they're invested in renewables and the general population are too busy bickering with each other based solely on their political ideologies that nothing is getting done about it.

        A huge factor in all of this too is demand but let's just keep pumping immigrants into the country forcing up the demand for everything so we can clear more land for wind farms. Immigration has definitely been a boon for this country in recent years, it's not like our individual slice of the pie has actually shrunk. The government is definitely importing immigrants because we have skills shortages like brothel keeper and definitely not to suppress wage growth and flood the labour market with cheap labour for their big business donors, no, that would be a total right-wing fascist conspiracy theory. Importing 2000 immigrants a day is completely sensible and definitely not unsustainable and we definitely create hundreds of jobs every single day in the private sector so those people (and locals, most importantly) will have work, it's definitely not government jobs like the NDIS that prop up the employment market — spoiler alert, it actually is! But wait, yOuR a RaCiSt if you point this kind of stuff out even though we import heaps of people from other Commonwealth countries like the UK.

        I swear to god, politicians have to try really hard to destroy an entire country or at least send it backwards and that's exactly what our politicians have done for the past few decades and we are seeing the effects play out now. You can't be asleep at the wheel when you're running a bloody entire country yet our politicians have been doing exactly that.

        There was one of those fancy scrolling articles from the ABC a while ago about the land being cleared for wind farms I think but I can't find it for the life of me. Wouldn't mind reading that again.

  • Globird jacked my prices massively, I switched to AGL for significantly less and got a signup bonus. Win-win for me.

    Most of the little providers are much more constrained by price movements, you go to them in the good times, switch away in the bad. The big ones make money at both ends, supply and retail, so are generally better in the bad times.

    • What sign up bonus did you get?

  • But renewables are the cheapest form of energy!!!

    • It is 3.3c kWh!!!

  • Not looking forward to getting my increase.

    Currently on a good rate.

    58.300 c/day supply
    20.702 c/kWh

    Joined in July last year, so expecting an notice of increase.

    • Actually, I did get one.

      New rates

      94.600 c/Day
      Peak 22.627 c/kWh

      So I'll switch.

      I'm considering getting one with a free time of day use.

      OVO Energy has Free electricity usage between 11am and 2pm every day, but it has higher tariffs.

      I worked out I have to use 3kw between 11am and 2pm each day to break even based on my current usage.

      What other retailers have free time of day use?

    • Who you with currently

      • Pacific Blue, same owners of Tango

  • Definitely worth shopping around in this inflationary environment. If I'm not wrong, utilities churning is probably the second ticket item for OzB members after credit card churning?

  • From a mate of mine

    i think my feed in due to drop soon.

    In November 2009, Victoria set up the premium feed-in tariff (PFiT) scheme where households are paid 60 cents for every excess kilowatt hour of energy fed back into the state electricity grid. This was introduced as an incentive to install solar systems and was scheduled to run for 15 years.

    This scheme will end in November 2024.
    I haven't paid for elec since 2010
    EDIT: i lie, my last bill was $73 after $440 solar credit

    It worked for him over time.

  • My Dad and I both got an email from Energy Australia and their pricing are decreasing. They are the best rates apparently at the moment (according to GoSwitch).

    Current Energy Plan Flexi Plan (Home) as at 30 June 2024
    Electricity Rates Before 1 August 2024 Electricity Rates From 1 August 2024
    Daily Supply Charge ($/day) $ 1.325093 | $ 1.327700
    Peak Usage ($/kWh) $ 0.4527149 | $ 0.4491190
    Off Peak Usage (if applicable) ($/kWh) $ 0.2657281 | $ 0.2514820

    Pricing is inclusive of GST.

    VIC in AusNet area.

    • Those rates are so expensive ,they blow my mind.

      • This is before the 26% discount with their Flexi Plan Offerings.

        Unfortunately AusNet areas are just expensive

  • I got the same email from my provider. I just switched to another in the afternoon. Took 2 sec. 30% cheaper. These clowns rely on consumers being lazy and not shopping around

  • got a notification that my FiT is reducing (big woop - installed solar to use it!), but nothing that my electricity rates are changing. Nearly up to 2.5 years without a price hike… wheeee!

  • OP, who is your local DNSP / power distributor?

    For me, it is United Energy. When I run the VIC energy compare, Sumo (Scumbum) Energy comes out on top with the following offer:

    • Supply: 66.00 c/day
    • Usage: 25.30 c/kWh
    • FIT: 4.9c/kWh

    This used to be my rates with Tango Energy (Pacific Blue Retail), which will be no more after 31 July 2024.
    • Supply: 58.300 c/day
    • Usage: 20.702 c/kWh
    • FIT: 4.9c/kWh

    If you are on the UE grid, why can't you just ask them to re-contract you as a new customer with the above rates?

    After their recent data breach, I am hesitant to sign up with them. However, they have the best rates for both electricity and gas (Multinet).

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