content-marketing Australia has a National Electricity Market, which manages the electricity systems and markets across Australia to help people get secure, clean, and affordable energy. The open electricity market allows generating, distributing, and retailers to provide energy at competitive rates.
An electricity comparison site compares the electricity billing plans from different electricity retailers in NSW. These sites can become a single source of information about the best deals offered by electricity retailers.
There are around three electricity distributors in NSW, each providing service to a different geographical region. The electricity retailer’s offer varied electricity billing plans. The following are a few tips to find the best deal on electricity comparison portals.
According to the Australia Energy Market Commission data, a typical electricity consumer in NSW is a two-person household that consumes around 4,215 kWh of electricity each year.
Before you check different money-saving electricity plans offered by NSW energy retailers, check your current energy costs. You need to look at the energy usage and calculation section in your energy bill. The energy bill mentions the following things.
Some energy retailers also provide you with daily average energy usage for the given period in a usage graph. Studying your energy bill will help you know the rate per unit you are paying and the energy usage pattern of your home. These details would be helpful to compare electricity billing plans on an electricity comparison site.
According to Australia Energy Networks data, there are around 16 million electricity customers across the country. NSW is the most populous state in Australia, with an estimated population of more than 8.1 million.
Before comparing electricity billing plans, you need to understand the retailer’s electricity and supply charges levied. Electricity charges refer to the rate you pay for each kilowatt-hour. The supply charge refers to the fee charged by the retailer to supply electricity to your home.
When you compare energy plans offered by different electricity retailers, pay attention to each plan’s electricity and supply charges. If you have lower energy usage, you need to look for electricity billing plans with lower supply charges. If you have higher than average energy usage, you need to look for an electricity billing plan that offers a lower rate per unit.
Know the Rebates Offered by the Retailer
NSW electricity retailers offer various rebates to NSW residents. Here are some rebates that you should know:
Australia’s energy market allows renewable energy producers to inject into the grid. The solar-feed in tariff refers to fixed electricity prices paid by the NSW electricity market operators to the renewable energy providers.
The solar feed-in tariffs provided by NSW retailers might vary considerably. Suppose your house has a solar PV installation, and it generates excess electricity, which you can transfer to the national grid, the solar feed-in tariff is a component of your interest. You need to compare the solar feed-in tariff offered by different energy providers and select the one that offers the best rates.
As per recent data, Sydney and other regions of NSW have around 200 plus sunny days in a year. It would help if you considered the electricity rates and supply charges besides solar feed-in tariffs while comparing the electricity plans.
To sum up, these are some valuable tips to find the best electricity deals on electricity comparison sites.
