The smart way to save on Power Bills that is taking Australia by storm!

Do you ever wake up in the morning and think “I’m selling up and moving somewhere cheaper!” I got to this point recently when I had a bunch of bills come in at once including car rego, electricity, council rates and health insurance.

Managing all of these bills and the fact that they seem to increase every time is just so soul destroying. Energy bills are the #1 cause of stress in most household budgets but I’m sure the others I’ve mentioned aren’t far behind.

Click here to see huge FiftyUp Club energy discounts*.

But there is a way many of us can save hundreds of dollars and the word is getting out, with the latest AEMO figures for 2018 indicating this year will set a new record for switching energy providers.
  
In January alone there was a huge 26% year-on-year increase in people changing power companies compared to 2017. 

According to Australian Energy Market Operator data, 2017 was the biggest year for switching energy providers with more than 2 million households switching for the first time last year. 

That is the equivalent of 229 homes an hour or 4 homes per minute -- and it looks like this year’s numbers are set to be even more dramatic. 

There is talk of household power bills rising by another $100 this year, and this flies in the face of what Energy Minister Josh Frydenberg said this week-- he reckons power prices are expected to fall over the next two years. 

“The Australian Energy Market Commission forecasts residential electricity prices will fall over the next two years as renewable energy, including small-scale solar supported by the Renewable Energy Target, enters the system,” Mr Frydenberg said.
 
He also called for electricity retailers to pass on the savings of wholesale energy price falls over the next two years “in full”. 
 
Many of us feel powerless to do anything about energy prices but there are things you can do:

• Join a consumer group like the FiftyUp Club that uses the strength of our 300,000+ members to encourage the energy retailers to make exclusive special offers.
   
• Don’t worry if you’re on a fixed term contract, you can still leave your contract before the end date. Check about any exit or cancellation fees from your current provider. If the discount you’re offered is big enough, you could still be better off switching.
   
• Remember it only takes a few minutes to switch online or by phone. From, there your new provider will organise the switch with your current provider with no interruption in your power supply.  
   
• Sometimes your old provider will make you a better offer once they see you leaving. Whether you leave anyhow or take this new offer, you’ve won!
   

Click here to see huge FiftyUp Club energy discounts*.

*Offers are for a limited time only and are for members who pay on time and in full