July is price change time—are you still on a good deal?

Your prices can change at any time if you're not on a fixed price offer. However July is the most common time for retailers to change prices.

How will I know if my retailer has changed my rates?

If your rates have changed, your retailer must tell you no later than your next bill. If you want to know sooner, call your retailer and ask. 

Price change time is also a great chance for you to check the plan you’re on and see if you’re happy or if you can find something that works better for you.

What should I look for in an energy plan

The usage and daily supply charges will no doubt be one of the first things you think about, but there are other things to keep in mind. These include:

  • If there’s a discount, how does it work? For example, it could be off usage charges only, or it could be off the whole bill. If the discount’s conditional, do you think you can satisfy the conditions?
  • If there’s a contract term or benefit period, are there any exit fees? What are the odds you’ll want to cancel the contract before the end of the term or benefit period?      
  • Do you want to support renewable energy by choosing a plan with GreenPower? If so, check whether the cost of GreenPower is competitive with other plans.
  • How often do you want to be billed? If you like a plan but you want more or less frequent bills, ask the retailer whether that’s possible.

Searching for plans in Energy Made Easy

It only takes a few minutes to search for plans on Energy Made Easy. You can get started straight away using the green box to the right.

If you want more help or information, check out our:

Retailers are required by law to keep their plans on Energy Made Easy up to date. You can also ask the retailer before you sign up if they have any price changes planned.

TIP: If you're looking for a plan where the prices don't change, be sure to check out the Plan Features section on the top right-hand section of the Basic Plan Information Document for each plan. If there is a green tick next to 'Plan prices are not fixed', then it means prices will not go up.

Changes in South East Queensland from 1 July 2016

From 1 July 2016, retail electricity prices will be deregulated. This means that retail electricity prices will be set by each retailer. For more information, see the Department of Energy and Water Supply’s website.

Last updated on Wednesday, January 30, 2019 - 12:09