Paying to much for your power bill? Don’t be afraid to say adieu to your old electricity service provider.
Change can be scary, but freeing yourself from overpriced electricity is the only real way to take back control of your power bill.
Switching energy providers is generally alot easier than most people think, however it's important to make sure you know what you're getting yourself into before jumping ship. With this said, here are three simple tips to keep in mind when searching for a new energy plan.
Found the power company of your dreams? Beware of embarking on a whirlwind romance with your energy plan.
Like most big retailers, electrical service providers are out to retain as many customers as possible. Some providers achieve this by providing reliable energy solutions without tricks or confusing discounts (at least that’s how we roll at amaysim), while other companies prefer to make false promises.
Not sure how to interpret the fine print? Ask the following questions to avoid getting taken to the cleaners:
- Will rates remain the same? - Some power companies lure in customers with irresistibly cheap rates, only to hike prices up after a fixed period. Make sure you understand your whole contract before committing to it
- How long do discounts last? - From reduced fees for paying on time to solar concessions, plenty of discounts are available with energy plans. However, many discount rates expire after a set period. If you’re switching energy plans to try and save money, be sure to check the long-term availability of your discount
- What can you offer me? - Your new provider should be able to show they’re willing to hustle for you. Otherwise, why should you even bother switching electricity plans?
Don’t stop asking questions until you’re absolutely sure you’ve found a provider who won’t leave you high and dry.
don’t be fooled by hidden fees
Had enough bill shock to last a lifetime? Same tbh. Finding out exactly what fees apply to your energy plan means you’ll never have to be traumatised by bills ever again. Many of the fees and charges commonly associated with energy plans can be avoided if you know what to look out for.
To banish bill shock once and for all, be sure to check how the following fees apply to your plan:
- Connection fees
- Disconnection fees
- Late payment fees
- Exit fees
- Credit card fees.
It can take time to thoroughly compare electricity fees, but knowledge is power.
know your rights
There are laws in Australia designed to protect consumers from being ripped off by power companies. Don’t let anyone pressure you into making a decision about switching energy plans, and for the love of Thor, always read the fine print.