Still loyal to your retailer? You could be paying more than you need for the electricity you use.
The regulated offer (the VDO in Victoria and the DMO in other East Coast States) is no longer the ‘ceiling price’ for energy – in some places it’s now better than some market offers. A recent media release by the ACCC has revealed that many Australians are paying more for household electricity than they need, […]
VDO set to increase by over 30% in July 2023
After the recent instability in Australian energy markets, it is perhaps not surprising that the Essential Services Commission in Victoria has released a draft decision proposing price increases from 1 July 2023. The price increases would affect all residential and small business customers on the Victorian Default Offer. What does this mean for someone who […]
What’s the one thing you can do to save on energy costs? Check your plan details!
As cost-of-living increases start to bite, there is one cost that many Victorians are concerned about – household energy. We’ve already experienced rising gas and electricity prices in 2022. Costs are likely to increase at least another 30% this year. This makes a total predicted rise of about 50% over the 2022 / 23 period. […]
Victorians in new apartment buildings now have a choice of energy provider
The Victorian Government has banned private electricity networks (also known as embedded networks) from being implemented in newly constructed apartment buildings and similar dwellings. The ban took effect on the 1st of January this year. For many apartment dwellers, embedded power networks have long been a source of frustration, stripping them of their choice of […]
Can you make greener energy choices and still manage your budget?
For many people, finding a better priced energy plan is hard enough, let alone trying to find one that also ticks the ‘green choice’ box when making energy purchasing decisions for your home. According to Greenpeace, switching electricity providers is one of the quickest and easiest ways you can make a BIG impact. By switching […]
One in 5 Australians is experiencing energy stress
A new report recently published by the Brotherhood of St Laurence (BSL), confirms that energy stress is widespread, with one in five Australian households experiencing some form of energy stress. Energy stress refers to the struggle to afford the energy required for adequate health, wellbeing, and social and economic participation. The report, Power Pain: An Investigation […]
How much does it cost to run your home?
Ever wondered how much the washing machine really costs to run every day? Or how much power it takes to cook a roast dinner? Thanks to some interesting and often surprising research from Energy Networks Australia, here are some stats that might make you pleasantly surprised, or make you reconsider before you flick that switch… […]
Why it’s important to keep checking your electricity plan to make sure you are not overpaying
One of our Joulius customers recently learned why it pays to keep sending in a recent bill every so often. When he first joined in June of 2021, we saved Peter over $500 on his home electricity costs over a 12 month period by moving to one of the smaller retailers, Electricity in a Box. […]
Electricity prices going up: the VDO will increase from July 2022
Given the recent movements in wholesale electricity prices, it’s not surprising that the Essential Services Commission have just announced that the Victorian default electricity offer (VDO) will increase by about 5% from 1 July 2022. What does this mean for the average annual electricity bill in Victoria? Households can expect to see an increase of […]
Solar feed-in tariffs in Victoria are decreasing again
Residential customers with solar panels will see feed-in tariffs (FiTs) decline yet again this year, according to the final decision from the Essential Services Commission (ESC). The minimum feed-in tariff is the amount a retailer pays you for solar energy that you export back to the Grid. Currently, the minimum solar FiT (which came into […]
