What the ACCC report means for your energy bill



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An energy expert has offered consumers some tips and tricks to reduce their energy bills as a result of a damning report about big energy companies on the part of the consumer.

The ACCC's major survey has painted a grim picture The Australian energy market has revealed that it is often the customers who lose

one of the main ways often used by major suppliers is to offer a higher discount – prompting people to opt for a 30% discount rather than 15%. 19659004] The ACCC report on the energy industry was overwhelming for companies "data-reactid =" 54 "/>

The ACCC report on the The energy industry was damning for the companies.

However, the figure that the energy companies disregard "I say it's very confusing and misleading," Tony Wood of the company said. 39; Grattan Institute said A Current Affair .

The best advice is to ignore the spin, ring the energy supply

  Mom Rachel said that she had done better by changing to a smaller supplier.
Mom Rachel said that she had done better by switching supplier.

"Ask them directly" look, that's what I I paid last year, if I continue to use my electricity about the same the next year, how many dollars can I save if I change for you? "" Mr. Wood said: "Do not get me wrong"

Melbourne mother Rachel certainly believes that she was unfairly zapped by her big supplier.

  Tony Wood, of the Grattan Institute, recommended calling energy companies
The Grattan Institute's Tony M. Wood recommended calling energy companies [19659013Althoughshewastoldthattheywouldsave30%shesaidinthespaceofsixmonthstheirbillswerestartingtoincreasereaching$2000Powershipandshesaidtheirworstbillhadbeen$500

The family is also makin

  Energy Minister Josh Frydenberg said the COAG would talk about the issue in three weeks
Energy Minister Josh Frydenberg said that COAG would talk about it in three weeks. The ACCC report recommended that an independent regulator set a default rate for all suppliers, so that all discounts offered would be of the same amount.

Other recommendations included giving more power to regulators to target market manipulation.

The ACCC believes that its recommendations will save an average of $ 409 per year on electricity bills

<img clbad = "article__image" src = "https: // imageresizer .static9.net.au / QEyJSXnmEAXpURpsjOXxqaRN1X8 = / 500xnull / smart / http% 3A% 2F% 2Fprod.static9.net.au% 2F_% 2Fmedia% 2F2018% 2F07% 2F17% 2F19% 2F03% 2FBI2.jpg "alt =" L & ACCC claims that its recommendations could save hundreds of homeowners on their annual bills.

Energy Minister Josh Frydenberg said the issue had been put on the agenda of COAG Energy Ministers meeting in three weeks Nine Digital Pty Ltd 2018

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