Published on October 10, 2017 3:05 am, by Jen Bakker
The cost of electricity and gas has risen significantly in recent years, and by about 20-30% in the last twelve months. The media attention this issue has been given has provided the motivation for people to talk more and compare prices, however by not shopping around, 70% of us are still paying 20% more than we need to for our electricity.
Electricity and gas retailers talk about rising wholesale prices and while there is truth in that, it is only one side of the story as the retailers continue to report huge profits.
MoneyBrilliant’s Bill Watch feature has been designed to help you find the lowest cost electricity and gas plans for your usage in your area. This is a good first step to decreasing your energy bills.
For customers who meet certain criteria, most typically pensioners and low-income earners, there are further concessions you can apply for. These vary state by state and are set by the state government.
In Western Australia, eligible customers may apply for the following annual rebates:
To be eligible you need to hold one of the following:
You may be entitled to additional energy concessions depending on your circumstances.
For the Energy Assistance Payment
The property must be your principal place of residence and the electricity bill must be in your name. If you are with Synergy you may apply over the phone or online. If you are with Horizon Power you may apply over the phone or download an application from their website and send it into them. For questions, contact your electricity retailer directly.
For the Energy Assistant Payment
You may apply online, through this link:
For a full list of Household Bill and Appliances concessions for WA residents, read here:
Jen is an experienced banking professional who loves wine, coffee, finding a bargain and of course her three beautiful children. Since Jen's first budget led her to buy a home at 20, Jen has passionately helped others to make better decisions with their money.