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.
Default electricity prices are getting a welcome shake-up in 2026-27, with the Australian Energy Regulator announcing meaningful price reductions across multiple states. If you're on a default offer or considering your options, these changes could put real money back in your pocket.
Free electricity sounds like a dream come true, but Victoria's new Midday Power Saver offer and the Solar Sharer program rolling out across other states come with important caveats that could impact your overall energy costs.
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