In the last three months, the Consumer Action Law Centre has received more than 150 calls from people who are struggling with their energy bills. The average debt accrued among these people is more than $2,000. A recent market report found “large differences between the cheapest and most expensive gas market offers”. Regulatory intervention needs to benefit all in the community, including the most vulnerable already indebted on their power bills. Equity measures need to be central to intervention and fairer pricing.
Source: Guardian 5 Dec 2022, Exploitative gas pricing is causing debt and distress for many Australian households. Gerard Brody
However, waiting for change will continue to cost households and businesses.
It is important to shop around and switch using an independent comparison website.
(The $250 Power Saving Bonus for Victorian households is now open)
Everyone else: https://www.energymadeeasy.gov.au/