Choosing a new energy provider for your home or office can be exhausting and confusing. It requires a lot of research and comparison before choosing the right energy deal and its charges.
If a hefty electricity bill is burning a hole in your pocket, then it is time to choose a smaller utility provider in your locality. With a varied choice of service providers in the market, it is an excellent chance to take advantage of the growing competition.
Who are Smaller Energy Providers?
With remote working gaining momentum in the pandemic, uninterrupted electricity supply in homes has become a necessity in most Australian homes. According to a recent Australian Energy Market Commission (AEMC) report, New South Wales’s average annual electricity bill was up to $1292.
If your bill is also spiking each month, consider switching to a smaller service provider in your locality. These companies are independent and privately managed. With energy deregulation in the global market, you can find many independent authorised suppliers for your homes and offices.
However, choosing a new energy supplier can be an overwhelming task. Three main factors that you should consider while selecting a utility provider are:
- Check customer reviews, testimonials, and business history to choose a reputed company.
- Select the best plan. You can get the best energy deal with either fixed-rate or variable-rate plans with a smaller provider.
- Plan the length of the contract with the independent energy supplier. It is essential to notice that the rates for short-term plans are usually higher than the rates for long-term plans.
Benefits of Choosing a Smaller Energy Supplier
Here are a few benefits of switching to a smaller supplier.
Flexible Utility Services
The most significant disadvantage of using a regulated plan is the company has a monopoly over the rates and charges. These big companies can rack up service charges or increase the rates per unit any time they want.
When you choose an independent provider, you have the advantage of choosing and modifying your electricity usage according to your budget and needs. It helps to avoid unnecessary overhead of power costs.
Pick Your Customised Plan
Unlike regulated utility providers, smaller suppliers offer a wide variety of energy plans. When you shop for an independent service provider, you can compare plans, check the energy deal and select the cheapest one that works for you.
Fewer Rates and Transparent Service
A large-scale utility service provider may not be transparent about their hidden service charges and taxes. Strict government rules and policies rule these companies.
When you choose a smaller service provider, you get the option to view your transparent invoices along with reasonable prices.
A government-regulated electricity provider may not have the best customer support teams. They have an automated customer service system where most of your calls and emails often go unanswered.
An independent utility provider will have a dedicated support team at your service. They will answer customer queries and solve their issues efficiently. Hence, it is advisable to switch to a smaller provider in your locality for efficient electricity supply in your homes and offices.