Power Bills Drop by $200: First Regulatory Price Cut After Years of Increases
In welcome news for energy consumers, default offer prices are falling for the first time in years.
Loyalty Tax
More than 80% of Australian energy consumers pay more than they need to, leading to about $1bn per year in energy over-spend.
Most of that is due to the 'Loyalty Tax' - the higher prices retailers charge to loyal customers while they offer better deals to new customers who are shopping around.
Retailers know they can get away with this, because they've made retail energy so complicated and confusing that no one wants to even think about it, let alone do anything about it.
Our energy nerds at Bill Hero are here to turn the tables on the retailers for you.
We'll automatically monitor and compare every bill for you, and compare each bill against every plan from every retailer.
Then we'll automatically report back to you, bringing the comparison process right to your inbox, to show you exactly how much you can save.
We can even switch you to your chosen plan, making it easier than you can imagine to beat the Loyalty Tax.
Sounds good, right? But what's the catch?
Well, you need to pay for your Bill Hero subscription.
But its a modest fee, and we've got you covered with our money-back Savings Guarantee, so you just can't lose.
We guarantee we'll find annualised savings on your very first bill, greater than the price of the annual subscription, or you can cancel immediately for a full refund.
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Four automated steps. Set it once, save forever.
We'll automatically compare it against every plan from every retailer. Yep, all of them.
We bring the comparison to your inbox with personalised results, showing how your bill compares and how much you can save.
We guarantee we'll find more savings on your first bill than the price of your subscription — or you can get your money back.
We'll automatically compare every bill and help you switch, so you can always stay on the best priced plan.
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