How to reduce the impact of energy price increases
SHOP AROUND
Many energy retailers offer different deals and price plans so it’s a good idea to regularly compare quotes and see what’s on offer.
To check your options from electricity and gas retailers in your area go to https://compare.energy.vic.gov.au/ - a free and independent Victorian Government energy price comparison site or https://www.energymadeeasy.gov.au/ which is the Australian Government energy price comparison for households and small business.
Simply enter the usage from a recent bill and your postcode and you might find a better deal and choose to switch. Your current supplier might be willing to negotiate on price if a competitor is cheaper.
ASK FOR DISCOUNT
You can ask your current supplier about discounts for paying on time, opening a dual-fuel account or paying by direct debit.
It can be a good idea to try and negotiate a new contract well before yours expires, by contacting your supplier proactively, as it may not be required to notify you of the expiry date.
DON'T PAY MORE THAN YOU NEED TO
When beginning to operate from new premises and opening an energy account, check the tariff classification code for the site with your energy retailer. You’ll want to be sure it’s appropriate to the day-to-day energy demands of your business.
You can ask your retailer to help you submit a network request to change your tariff code.
ADVICE AND HELP
TTEG are here to help if you have any questions.
Please contact Nick Ludbey on 0425 983 338 or email nludbey@tteg.com.au
