How Over 50’s Could be Saving Money Fast on Their Energy Bills

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utilities > energy
For older Australians electricity and gas is an additional expense, which when left unattended gradually creeps up in cost over time. Many people are not even aware of the fact that in real terms prices for households increased on average by 72% for electricity and 54% for gas in the 10 years to June 2013, according to the Parliament of Australia*. However, thanks to a newly available comparison service, it’s now easier than ever before to get ahead of the electricity and gas market price increases, and to stop overpaying for your previously outdated account.

Time to review your Energy Rates – Check now, it’s fast:

  • Step 1: Select your current situation from the below.
  • Step 2: Answer a few more basic questions, and you will be presented in real time with our best available quotes from our Energy Retailers.

As a Senior, how can you get ahead?

If you’re a senior or pensioner, you’re probably not using as much electricity as the younger crowd. If that’s the case, it will likely be a smart move to look for an electricity deal that has low supply charges. These are the daily charges you need to pay for each day that you’re connected to the energy network.

Electricity plans are made up of two main charges – usage and supply. Energy retailers typically compensate for low supply rates with higher usage rates, and vice versa. For smaller households, supply charges will typically make up a higher proportion of your overall energy costs. For large households, usage charges generally make up a higher proportion of overall costs. As a result, it pays to get the cheapest rates on the charges that have the biggest impact on your hip pocket.

Billysumo.com.au launched in 2018 has disrupted the Energy comparison industry by offering transparency and the opportunity for older Australian customers to see how much they might be overpaying on their bills. This is done by offering consumers the ability to compare both electricity and gas accounts from the larger and the smaller retailers. By looking at both the rates and inclusions side by side, it’s quickly easy to see what the cheaper rates are available, as well as how much money you might be able to save immediately by switching to an improved retailer.

The service comes as many Australians who have stuck with the same energy retailer for a number of years might not even be aware of the fact that they could very likely be overpaying. Many Australians are therefore feeling increasingly frustrated by the hidden agenda and tactics used by many providers, who they first thought were looking out for their interests. The Billy Sumo Energy Comparison service has therefore been built to help you stay ahead of these changes and ensure that you don’t miss out on the much-improved deals available.

Now is the time to get started:

  • Step 1: Confirm your state within the below map.
  • Step 2: Answer a few more basic questions, and you will be presented in real time with our best available quotes from our Energy Retailers.

Since launching, thousands of Australians have already jumped on board. Over 100,000 Australians have used Billysumo.com.au to compare their household expenses, with the ability to reduce their every costs being referenced as their number one reason for using the site.

Billysumo.com.au is a trusted online service that makes comparison shopping for vital health insurance easy. With the click of a button, they can help you find an affordable policy by stripping away the cover you don’t use, while saving you money on what matters to you.

This article is opinion only and should not be taken as financial advice. *https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/BriefingBook44p/EnergyPrices