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So let’s take a short trip around the electricity in South Australia will give you the essential information you need to choose an electricity provider.
Back in 2012 electricity became deregulated in South Australia. This means private providers can set their own prices. As a result this enables more competition. Compare electricity plans here to find the best deal for you. Please keep in mind that the price of electricity is dependent on a number of factors like what type of meter you have, where you live, your provider, and energy consumption.
Pretty much every energy provider in South Australia offers you different types of discounts on your electricity. (link to page that looks at these in more detail). Do your research to see which one gives you the best value and saves you money long-term not just short-term.
In addition to discounts provided by energy providers in South Australia, the South Australia Government offers a range of discounts and concessions on electricity. On April 15 2019, the SA Concessions Energy Discount Offer (SACED) was introduced. This is available to all households who receive the South Australian Energy Concession. Eligible South Australians can save up to $585 per year on energy bills.
South Australia leads the way out of all the states in Australia when it comes to renewable energy. It has invested the most in renewable energy. 60% of its electricity comes from wind and solar. It aims to increase this by 100% by 2030. Despite such a commitment to renewable energy South Australians pay the most for electricity. This is because of the high cost of power from natural gas not wind and solar.
During times of peak consumption South Australians pay more for their electricity usage. In South Australia, this tends to be between any half hour period from 4pm and 9 pm on work days (Monday to Friday) between November and the end of March.
In recent years peak demand has grown due to population growth and increase in technological use. As a result electricity distribution companies have had to build more infrastructure like poles and wires. This has increased electricity prices for consumers who naturally are shopping around for better deals. So comparison of different energy providers and their electricity offers has skyrocketed.
Are you paying too much for your electricity in South Australia? Or perhaps you just want to see what other deals are out there? Contact the energy comparison experts at Cheap Bills today who will find you the cheapest electricity deal for you.
Related article: How to Compare Electricity Prices?