Common Sense Guide to Comparing Electricity Plans

Total Price Metrics

  • Check usage rates alongside daily supply charges.
  • Look at the combined total cost over a billing period.
  • Avoid plans that hide high supply fees behind cheap usage rates.

Smart Tariff Options

  • Match your choice to daily household activity patterns.
  • Pick time-of-use tariffs to shift heavy appliance tasks to off-peak periods.
  • Stick to flat-rate tariffs if your daily energy use is steady.

Promotional Discounts

  • Compare sign-up bonuses, pay-on-time credits, and direct-debit perks.
  • Bundle services like gas or internet to slash overall administrative costs.
  • Verify expiry dates to avoid sudden rate spikes when promotions end.

Hidden Fees

  • Scan contract terms for mandatory connection and disconnection fees.
  • Note late payment penalties and credit card processing surcharges.
  • Avoid early exit fees to keep the freedom to switch providers later.

Solar Feed-In Tariffs

  • Earn credits by exporting excess electricity back to the main grid.
  • Balance feed-in rates against standard household consumption costs.
  • Reject plans with high solar payouts that inflate regular usage charges.

Retailer Reliability

  • Prioritise providers with high customer service and billing satisfaction ratings.
  • Evaluate the functionality of digital account dashboards and mobile apps.
  • Choose companies with transparent, easy-to-understand billing structures.