Tuesday, 1 January 2013

Comparing Electricity and Gas Offers in NSW

In recent times we've been assisting a close family member reduce electricity charges via installation of a grid-connect solar system and selection of a new electricity supply retailer. The latter action proved appropriate when we discovered post installation of the solar system that existing retailer (Country Energy) does not give any of its customers a feed in tariff (payment for any surplus electricity fed into the grid) for installations post cessation of the Solar Bonus Schemes.

A replacement electricity retailer (Origin Energy) was selected based primarily off 3 factors:

  • They do pay a feed in tariff - presently $0.06 per kilowatt hour
  • Their overall pricing seemed reasonable. Certainly no worse than Country Energy.
  • They are a strong and well known brand, who also happens to be in the process of assuming the operations and activities of Country Energy.
Our close family member rang and obtained a written offer (Agreement) from Origin Energy which we've been reviewing to make sure it is OK prior to the end of the 'cool off' period. Right near the very end of the 'Customer Disclosure Statement' from Origin Energy is a reference to a website owned and operated by the Independent Pricing and Regulatory Tribunal (IPART) that provides excellent information on electricity and gas supplies and suppliers in New South Wales; including a calculator that helps compare offers current between energy suppliers. The website is titled My Energy Offers and here is a link to it. The website is a fantastic place for anyone living in NSW to start research on energy supply matters and offers.

We are still reviewing the offer from Origin Energy and have yet to decide whether to accept or otherwise.

No comments: