Morrison Government pressure on the big energy companies has seen half a million Australian families and small businesses get an automatic discount of up to 15 per cent on their energy bill.
For too long the big energy companies have focused on their massive profits and not on their customers. The Morrison Government has demanded they put customers first, get rid of the loyalty tax and deliver lower, fairer prices.
Energy retailers including Origin, Energy Australia and AGL have listened and lowered their standing offer prices for customers in New South Wales, Victoria, South Australia and South East Queensland who are paying too much for their electricity.
On average, this is delivering savings of $313 for residential standing offer customers in Corangamite from 1 January 2019.
Federal Member for Corangamite, Sarah Henderson, said the Government’s energy policy is delivering for hardworking Australian families and small businesses.
“Rising power prices are impacting household budgets and are stopping small businesses in Corangamite from growing and employing more staff,” Ms Henderson said.
“The big energy companies have heard the Government’s calls for a fairer deal for Australian families and small businesses, and they have responded.”
The Government is getting results, but there is more to be done.
We know that navigating your power bills, understanding your energy usage and negotiating a better deal can be confusing and time consuming. That’s why the Government is developing a reference bill to be implemented by 1 July 2019 – a price safety net making it easier to compare offers.
We are also banning sneaky late payment fees. Australians can pay up to $600 more a year just because they struggle to pay their electricity bill on time. This is unfair.
In addition, new rules will come into effect in 2019 so vulnerable customers get the help they need to pay their power bills, and energy retailers will be required notify their customers when their discounts will cease or change.
“Australian families and small businesses are now better off because of the action this Government has taken. We are delivering lower and fairer power prices, making a real difference to household budgets, while keeping the lights on,” Ms Henderson said.
For more information on how you can save, visit energymadeeasy.gov.au
11 February 2019