Changes to electricity pricing and discounts
New regulations from 1 July 2019 require all energy retailers to advertise discounts for households against a reference price known as the Default Market Offer (DMO).
We welcome the new industry rules which aim to provide consumers with more transparent pricing and enable to compare retailers and energy plans.
Note: The regulations cover NSW, parts of QLD, SA and VIC households.
Electricity plans will become easier to compare!
All retailers will now advertise and offer discounts benchmarked against the DMO, making it easier for consumers to compare prices.
You can compare the DMO against our existing Standing Offer to understand our prices. If discounts seem smaller than they once were in some areas, our base price is probably also being lower.
Some exceptions apply, including for solar customers.
Changes to discounts
Currently, our plans must show an estimated yearly bill amount for an average-usage customer in your area either as a dollar amount or a % discount (see table below).
You can use estimated yearly bills or annual cost savings to scan and compare available offers. Of course, your actual bill will depend on your usage and tariff setup.