How to compare your bill
Victoria has two dozen electricity retailers all competing for your business. The price retailers charge for energy can vary greatly, so it’s important to compare what’s on offer to make sure you get the best deal possible. Generally speaking your bill will have two components. A fixed daily supply charge and a daily usage charge per kilowatt (per hour) based on how much electricity you use.
If you are overwhelmed by your current energy providers lack of customer service and high prices then look no further than GloBird Energy! Send us in your bill and compare your rates with GloBird Energy’s variety of cost saving price options to ensure you get the cheapest electricity available. Compare electricity tariffs with GloBird Energy and take advantage of our latest deals and save up to 40% on our unbeatable “BOOST” plan!
There are a number of things that can affect the price you pay for power. The 4 main things 4 are:
- Your location
- Daily Charge
- Tariff Type
- Available Discounts
The price you pay for energy will vary depending on which network owns the wires and poles that deliver power to your premises. So it’s important to know which network area you are in. There are only five networks in Victoria;
Your current electricity bill will give you this information. Usually this will be displayed in the part of the bill referring to power faults & emergencies. When you switch energy providers, you are changing from one retailer to another, the network company responsible for distributing power to your premises does not change. The independent metering company responsible for your meter reads also stays the same.
Step 1. Make a note of your network area
Daily supply charge.
The network area above will affects your daily supply charge (also known as the supply charge) on your bill. This is a fixed price per day regardless of how much power you use.
Step 2. Make a note of your daily supply charge
There are lots of tariff types, but the most common are:
- Flat Rate
- Dual Meter
- Time – Of – Use (Peak / Off Peak)
- Flexible Tariffs
Your current electricity bill will tell you which tariff type you are currently on. For example you might see two rates, one for peak and one for off-peak. If so you are on a “time of use” tariff. If you see a single tariff “peak” then it’s probably a flat rate.
[tabwrap][tab title=”Flat rate“]A single rate where you pay the same price for the electricity you use regardless of the time of day.[/tab][tab title=”Dual meter rate”]The same price at all times, but with a special off-peak rate which is typically applied to heating of hot water, but not to other off-peak usage[/tab][tab title=”Time of use”]Different rates depending on the time of day you use power. A peak rate (usually weekdays and evenings) and an off peak rate (usually nights and weekends).[/tab][tab title=”Flexible tariffs”]3 different price rates depending on different times during the day.Off-PeakPeakShoulder.See below table for more[/tab][/tabwrap]
If you’re on a tariff not mentioned above, or you’re not sure which tariff you’re on, feel free to give us a call and we will give you direct comparison over the phone.
Step 3. Make a note of your tariff type, and the rates per KWh
Step 4. Make sure to take into account any discounts that are available to you
Once you know what network area you are in, your tariff and your daily supply charge, click here to go to the offers and rates page to see how much we can save you. Or just give us a quick call, and we will give you free comparison over the phone.
Find out how much we can save you is easy!
- Simply snap a photo of your current bill
- SMS it to 0428194241 and we will get back to you with our best price comparison quote.