this post was submitted on 13 Jul 2023
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I have just spent way too long comparing electricity plans now that my Lumo contract is about to run out. Looks like I'll be moving from Lumo to Sumo for power, and to Alinta for gas. I hate that we have to contantly be doing this to get a decent price, and it sucks that the people who can't have to pay more. Why do we allow people who can't constantly stay on top of this sort of thing to be taken advantage of? It might be popular to call it a "lazy tax" but it is really an extra cost burden on the vulnerable.
Im currently jumping NBN provider every 6 months to get the best deal. its crazy, when you call them at the end of the 6 month deal they go "Oh we cant possibly match the price we've already been giving you!", ok well, someone else will so like, byeeeeee.
I'll be doing the same. But even Sumos daily access charges are ouch. Nearly 40 cents more a day than the Lumo plan.
yep, $475 a year just to have the electricity connected. The impact of time of use pricing is interesting too - I save a few hundred dollars a year by having time of use instead of a flat rate. One with demand pricing - time of use, plus more expensive over summer - was also a close one. I might revisit the idea after summer, it could be worth changing to it for winter but if we have a hot summer and I use more air conditioning it would be expensive.
Yeah you have to look at your energy use throughout the day I suppose. Like you say we can switch during seasons.
Are you me? I got the email from Lumo last week saying my current rates will go up in August.. spent the morning trying to compare different ones and signed up to AGL as they offer the cheapest 😳
I think a lot of people changed to them just before the last major increase. They were cheaper and they locked the price until August - although at the time I was more concerned about the gas increasing.