The ACCC has been running its Retail Energy Inquiry since 2018, but has only just discovered what Bill Hero has always known — energy retailers routinely charge their existing customers more than what they offer for new customers. You need to keep switching to stay on the best rates.
Richard Foxworthy is the founder of Bill Hero. He's been analysing Australia's retail energy, gas, telco and fuel markets since 2018, building comparison tools that help households find better deals and switch to cheaper providers.
The Market Madness shows no sign of abating, but Bill Hero will help make sure you're always on the best priced plan, no matter what happens in the market.
Strata apartment complexes can now access Bill Hero's bill monitoring and switching service to help make sure they never overpay again for electricity in building common areas.
Some big news from the ACCC is that retail electricity bills have fallen to an 8-year low. The main driver for this price change is decreasing wholesale electricity prices due to new supply from renewables now coming online at scale.
Apartment dwellers tend to use less energy, but you still like to save. Our partnership with Roost means apartment dwellers will save on their Bill Hero subscription fee, plus they'll save on your energy bills too!
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