VIC Households to be Hit with January 1 Electricity Price Rise - Bills to Increase by at Least 10%, According to Ben Freund of GoSwitch.com.au

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Ben Freund of GoSwitch.com.au talks about Victorian households already struggling with rising cost of living pressures now need to budget extra dollars for their electricity bills, courtesy of new pricing coming into effect on January 1, 2012. Electricity prices for Victorian households are expected to rise by at least 10% across the board, with some areas slugged more than others.

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In some areas of Victoria this will mean an additional $100 of charges per year, which consumers simply cannot avoid

Victorian households already struggling with rising cost of living pressures now need to budget extra dollars for their electricity bills, courtesy of new pricing coming into effect on January 1, 2012.

Electricity prices for Victorian households are expected to rise by at least 10% across the board, with some areas slugged more than others, says Ben Freund, CEO of leading price comparison website GoSwitch.com.au.

“We really aren’t seeing any substantial justification for these price increases, with ‘network costs’ blamed once again. Wholesale electricity prices have been subdued compared to previous years; it’s almost as if it is simply becoming an annual ritual.

According to Freund, many households are not even aware that the changes are coming.

“Every Victorian household is now facing a substantial increase in the price of a basic necessity. Our concern is that many people don’t know about the price increases and will get a nasty shock when they receive their next bill and realise it is substantially more than they budgeted for.

“A big part of these price rises is also an increase to the supply charge, the cost of simply connecting. In some areas of Victoria this will mean an additional $100 of charges per year, which consumers simply cannot avoid.

“What households need to know is that there are two main ways you can rein in your electricity bill. The first is to make sure you pay the least amount per kilowatt you can, and the second is to try and use as few kilowatts as possible.

“One in three Victorian households continues to remain on the default plan for their area, which is often the most expensive. The average household could save up to $400 by switching to a cheaper electricity suppliers plan at GoSwitch.com.au.

“Being smart with your energy usage can also have major impact. Simple changes like closing windows and curtains during the day, drying clothes on the line instead of using the clothes dryer and turning on the fan instead of the air conditioner are great ways to cut down your kilowatts over summer,” said Freund.

http://www.GoSwitch.com.au allows consumers to compare electricity and gas plans across retailers by typing in just a few details from their last energy bill. The website is free to use, and also details hundreds of simple energy saving tips households can use to reduce their usage this summer – including an easy to use GoSwitch Power Diet Plan.

To compare, switch and save on electricity and gas visit http://www.GoSwitch.com.au

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