Compare Electricity Rates In NSW – Free With Billy Explores Energy Compare
Compare Electricity Rates NSW
New South Wales has a very strong electricity industry, with more retailers than you can poke a stick at. So for you, the customer, this means you’ve got options aplenty if you think you’re paying too much for power. When it comes to comparing electricity rates, NSW is the state that offers the most choice.
Think now’s time for a change to a new provider in search of a better deal? We’ve got all the info you need to know right here.
Deregulation in New South Wales
Deregulation of the electricity industry took place for NSW in July 2014, meaning that energy providers were no longer held to the prices laid out for them by the State Government. The benefit for you as a consumer is that providers now have an incentive to lower their rates, offer special deals and improve their customer service to pick up your business.
This means you can either choose a State Government pricing structure with a standing offer, or check out market offers from retailers which are usually packed with discounts.
The Electricity Market in New South Wales
There’s a whole host of energy providers in NSW which makes the market super competitive. Therefore, as a customer you can really benefit, and there are new players entering the market all the time. This subsequently presents a great opportunity to snag a bargain.
NSW is home to plenty of wind farms, so there is little wonder the State Government is driving a push towards sustainability in the energy industry. Since 2013’s NSW Renewable Action Plan 2013, they’ve steadily worked towards their goal of 20% green energy use by 2020.