Act now on en­ergy costs

Money Magazine Australia - - THIS MONTH -

It’s amaz­ing how many fi­nance ex­perts don’t know any­thing about en­ergy and are pay­ing way more than they need to be­cause of it. If fi­nance ex­perts don’t know much about en­ergy, what chance does the av­er­age con­sumer have?

Peo­ple are al­ways look­ing for ways to save a bit of money, whether it’s by cut­ting back on take­away cof­fee or shop­ping at a dif­fer­ent su­per­mar­ket, but elec­tric­ity is of­ten the over­looked area of op­por­tu­nity.

You can save a small for­tune – if you know what to look for. I say this now be­cause 2018 re­ally needs to be the year when more con­sumers take the power back from the en­ergy re­tail­ers. But many peo­ple will need a help­ing hand.

The fed­eral gov­ern­ment talked tough with the big en­ergy com­pa­nies last year but to re­ally help peo­ple save it’s all about ed­u­ca­tion. Let’s see some TV cam­paigns en­cour­ag­ing con­sumers to not only com­pare their op­tions but to bet­ter un­der­stand them too.

Fi­nance expert or not, it’s time to do some­thing about your en­ergy bills. Si­mon Downes, edi­tor, Canstar Blue

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