If there’s one thing we realized during the COVID-19 pandemic, it’s the importance of keeping the power flowing throughout our homes. Our houses became offices, schools, or studios for TikTok videos, so the electricity needed to stay running at all hours. While you may be satisfied with your current electric supplier, you may also want to look into what other electric providers across Australia have to offer. Let’s take a look at why it might be in your household’s best interest to look into a comparison of electric services.
Calculate your electric costs.
It doesn’t hurt to do an electricity comparison every so often to make sure that your rates are up to par and not breaking your budget every month. There’s a simple formula that will help you calculate your electricity costs. First, find out how much you pay per unit of electricity. This is usually kilowatts per hour, or kWh. Be sure to look out for peak and off-peak usage rates. Determine how much input power your appliances are using. Convert this information into kilowatts. You can then multiply that input power by the price of your electricity to assess the expense of your utilities.
By running a comparison online, you can evaluate the providers that are available in your area and see if there are any suppliers who may be able to offer an electric plan that meets your needs at a lesser cost. Be sure to look into the terms and conditions within the quotes provided by these utility companies. Take a look at your current plan as well to make sure there are no fees for leaving a contract or that there are no monthly surcharges from your electric providers.
Look into renewable options.
As homeowners take a closer look at their electric bills, they may be more tempted to look into renewable options for greater energy efficiency. Electricity from solar, wind, and hydro plants across Australia has seen an uptick in recent years, as many see it as the better choice to promote a carbon-neutral future. This is why the country has found itself amongst the global leaders in satisfying the minimums put in place by the Paris Climate Accords to push for more clean-energy use throughout the world.
These renewable energy options also may come with rebates upon installation, curbing energy costs for homeowners from the onset. Some houses have seen a steep dropoff in the amount of electricity in kilowatt-hour utilized. Others have found success in using smart meters, an upgrade of standard electric meters that provides a quicker determination of outages in certain areas with readings reporting every 30 minutes to your electric providers.
Ways To Save on Electric and Natural Gas
Beyond keeping an eye out for better rates, homeowners across Australia can help their bills by monitoring their natural gas and electric supply use. If you’re not home, try to avoid running appliances like your air conditioner. You’re just wasting energy having that on all day. Leaving the lights on and other electronics plugged in can send your electric bills soaring, especially if everything is running through peak hours with higher energy costs.
Beyond making adjustments throughout your household, you can see what suppliers have to offer in terms of discounts on your bills. You may be able to get rebates by adding a smart meter or doing something as simple as going paperless with your monthly invoices. Through some organizations, you might be able to score a discount on your electric bill. In fact, some electric providers are sure to offer certain discounts for bundling electricity and natural gas at a certain rate. Be sure to explore the options at your disposal and pick the supplier that best suits your needs.