Here at the Seniors Discount Club, we get just as frustrated as everyone else when it comes to the cost of living.

The price of groceries keeps getting higher and higher, the cost of petrol just won't stay put, and now, thanks to a recent rise in energy prices, we can add power bills to that list.

Millions of Australians across the country are struggling to stay afloat amid the cost of living crisis, and the latest power bill increase has certainly not helped.

In fact, electricity tariffs have significantly increased in most states, with a staggering rise of 19 to 25 per cent since July 1. Residential customers of AGL in NSW and SA have experienced even higher jumps, reaching up to 45 per cent.

On average, AGL bills in NSW increased by 29.7 per cent ($540 per year), while in SA, the increase was 29.8 per cent ($565 per year).

In Queensland, the average bill rose by 26.4 per cent ($447 per year).

Victorians were not spared either, as their average bill rose by 25.5 per cent, costing them an additional $341 annually. Perhaps the most shocking increase was observed in one AGL customer in NSW, whose energy bill surged by an astonishing 54.5 per cent.

Power bills rose by more than 45 per cent for Australian households. Credit: Pixabay.

The customers of Origin Energy were not spared either, as prices have increased by over 20 per cent annually across all states.

Among the Origin customers, those in Victoria are the most affected, experiencing a staggering 25.5 per cent increase, equivalent to $361 per year. Following closely is South Australia, with a rise of 24.2 per cent, amounting to $405.

In Queensland, households will have to allocate an additional $346 per year on average due to a significant increase of 21.6 per cent. Meanwhile, customers in New South Wales have faced hikes of 21.1 per cent or $407.

It's clear that the surge in energy prices has been felt by households in each of the states, with the Australian Energy Regulator (AER) claiming that 'wholesale energy costs' are 'predominantly' behind the hikes.

'We know households and small businesses continue to face cost-of-living pressures on many fronts, and that's why it's important that the DMO provides a safety net for those who might not have shopped around for a better power deal,' said AER Chair Clare Savage.

As a result, AGL said they would commit to increasing customer support funding by at least $70 million over the next two years.

This includes giving bill credits for customers who have seen a more than 45 per cent rise in their energy bills, as well as offering extra financial assistance for low-income households, pensioners, self-funded retirees, families and carers.

But AGL warned this still isn't enough to make up for the staggering electricity costs, saying that the increase in energy prices was mainly being driven by 'unprecedented market volatility from increases in global fuel prices due to geopolitical factors and volatile market conditions, along with supply disruptions'.

'Our decision to increase prices for our market contract customers is based on a detailed consideration of a range of factors including wholesale prices, network charges, retail operating costs, customer affordability and the value we offer to our customers,' they said.

Key Takeaways

• Power bills have surged by almost 50 per cent for millions of Australians who are customers of AGL, Origin Energy and Energy Australia.
• AGL customers from NSW and SA have been hit hardest, with price increases of over 45 per cent.
• Energy retailers attribute the rises to 'unprecedented market volatility', increases in global fuel prices and supply disruptions.
• The Australian Energy Regulator claims that 'wholesale energy costs' are 'predominantly' behind the hikes.

It's important to remember that there are still ways you can save money on your energy bill—whether it's through shopping around for good deals or taking advantage of discounts or government assistance if you're eligible.

It definitely pays to do some research on your local energy providers, as the rates and discounts they offer can vary depending on where you live and what type of energy you're looking to buy.

It might seem like a hassle, but we promise it'll be worth it when you're able to get more bang for your buck when it comes to your power bill.

We encourage you to talk to your local energy provider and see if there's any way you can save yourself some extra cash—especially during this time of already soaring expenses!

Do you have other energy-saving tips and advice? Let us know in the comments below!

 

[donandviv77]

Here at the Seniors Discount Club, we get just as frustrated as everyone else when it comes to the cost of living.

The price of groceries keeps getting higher and higher, the cost of petrol just won't stay put, and now, thanks to a recent rise in energy prices, we can add power bills to that list.

Millions of Australians across the country are struggling to stay afloat amid the cost of living crisis, and the latest power bill increase has certainly not helped.

In fact, electricity tariffs have significantly increased in most states, with a staggering rise of 19 to 25 per cent since July 1. Residential customers of AGL in NSW and SA have experienced even higher jumps, reaching up to 45 per cent.

On average, AGL bills in NSW increased by 29.7 per cent ($540 per year), while in SA, the increase was 29.8 per cent ($565 per year).

In Queensland, the average bill rose by 26.4 per cent ($447 per year).

Victorians were not spared either, as their average bill rose by 25.5 per cent, costing them an additional $341 annually. Perhaps the most shocking increase was observed in one AGL customer in NSW, whose energy bill surged by an astonishing 54.5 per cent.

View attachment 25134

Power bills rose by more than 45 per cent for Australian households. Credit: Pixabay.

The customers of Origin Energy were not spared either, as prices have increased by over 20 per cent annually across all states.

Among the Origin customers, those in Victoria are the most affected, experiencing a staggering 25.5 per cent increase, equivalent to $361 per year. Following closely is South Australia, with a rise of 24.2 per cent, amounting to $405.

In Queensland, households will have to allocate an additional $346 per year on average due to a significant increase of 21.6 per cent. Meanwhile, customers in New South Wales have faced hikes of 21.1 per cent or $407.

It's clear that the surge in energy prices has been felt by households in each of the states, with the Australian Energy Regulator (AER) claiming that 'wholesale energy costs' are 'predominantly' behind the hikes.

'We know households and small businesses continue to face cost-of-living pressures on many fronts, and that's why it's important that the DMO provides a safety net for those who might not have shopped around for a better power deal,' said AER Chair Clare Savage.

As a result, AGL said they would commit to increasing customer support funding by at least $70 million over the next two years.

This includes giving bill credits for customers who have seen a more than 45 per cent rise in their energy bills, as well as offering extra financial assistance for low-income households, pensioners, self-funded retirees, families and carers.

But AGL warned this still isn't enough to make up for the staggering electricity costs, saying that the increase in energy prices was mainly being driven by 'unprecedented market volatility from increases in global fuel prices due to geopolitical factors and volatile market conditions, along with supply disruptions'.

'Our decision to increase prices for our market contract customers is based on a detailed consideration of a range of factors including wholesale prices, network charges, retail operating costs, customer affordability and the value we offer to our customers,' they said.

Key Takeaways

• Power bills have surged by almost 50 per cent for millions of Australians who are customers of AGL, Origin Energy and Energy Australia.
• AGL customers from NSW and SA have been hit hardest, with price increases of over 45 per cent.
• Energy retailers attribute the rises to 'unprecedented market volatility', increases in global fuel prices and supply disruptions.
• The Australian Energy Regulator claims that 'wholesale energy costs' are 'predominantly' behind the hikes.

It's important to remember that there are still ways you can save money on your energy bill—whether it's through shopping around for good deals or taking advantage of discounts or government assistance if you're eligible.

It definitely pays to do some research on your local energy providers, as the rates and discounts they offer can vary depending on where you live and what type of energy you're looking to buy.

It might seem like a hassle, but we promise it'll be worth it when you're able to get more bang for your buck when it comes to your power bill.

We encourage you to talk to your local energy provider and see if there's any way you can save yourself some extra cash—especially during this time of already soaring expenses!

Do you have other energy-saving tips and advice? Let us know in the comments below!

We only have ourselves to blame by believing the BS being sprouted by the Labor Party prior to the last election with promises to reduce power bills by $270+ and listening to the crap about how much cheaper this alleged Green energy is being pushed by the Greens and the TEALS and our Governments shutting down and refusing to allow new "CLEAN" coal fired power stations to be built-of which there are hundreds being built in India, China and Japan and where Europe is restarting up a lot of there coal fired power stations because of the high cost of this alleged clean power or adopting Nuclear Energy, the cleanest power generating system available today. And before people start calling out that Hydrogen will be the saviour I would suggest that you first find out how Hydrogen is produced. And one small added benefit of coal fired power stations- Countries which are allegedly polluting the atmosphere with exhaust gases from their coal fired power stations are able to feed their very high populations through the increased yields of their food crops which feed on these alleged polluting gases.

 

[Ricci]

What bugs me is that I had a two year contract with Origin, due to expire in Feb '24. Apparently it's not worth the paper it's written on as Origin have sent me a letter telling me that my prices have gone up on July 1st '23. Why do we bother, these companies can, it would seem, move the goalposts at a whim and a contract is no longer a promise of constant supply and pricing.

 

[IAN3005]

the operative word on this topic is AGL....wouldn't deal with them if they were to last provider on the planet. Thieving mongrels........

 

[kevinwoodtufftyke52@gmail]

Here at the Seniors Discount Club, we get just as frustrated as everyone else when it comes to the cost of living.

The price of groceries keeps getting higher and higher, the cost of petrol just won't stay put, and now, thanks to a recent rise in energy prices, we can add power bills to that list.

Millions of Australians across the country are struggling to stay afloat amid the cost of living crisis, and the latest power bill increase has certainly not helped.

In fact, electricity tariffs have significantly increased in most states, with a staggering rise of 19 to 25 per cent since July 1. Residential customers of AGL in NSW and SA have experienced even higher jumps, reaching up to 45 per cent.

On average, AGL bills in NSW increased by 29.7 per cent ($540 per year), while in SA, the increase was 29.8 per cent ($565 per year).

In Queensland, the average bill rose by 26.4 per cent ($447 per year).

Victorians were not spared either, as their average bill rose by 25.5 per cent, costing them an additional $341 annually. Perhaps the most shocking increase was observed in one AGL customer in NSW, whose energy bill surged by an astonishing 54.5 per cent.

View attachment 25134

Power bills rose by more than 45 per cent for Australian households. Credit: Pixabay.

The customers of Origin Energy were not spared either, as prices have increased by over 20 per cent annually across all states.

Among the Origin customers, those in Victoria are the most affected, experiencing a staggering 25.5 per cent increase, equivalent to $361 per year. Following closely is South Australia, with a rise of 24.2 per cent, amounting to $405.

In Queensland, households will have to allocate an additional $346 per year on average due to a significant increase of 21.6 per cent. Meanwhile, customers in New South Wales have faced hikes of 21.1 per cent or $407.

It's clear that the surge in energy prices has been felt by households in each of the states, with the Australian Energy Regulator (AER) claiming that 'wholesale energy costs' are 'predominantly' behind the hikes.

'We know households and small businesses continue to face cost-of-living pressures on many fronts, and that's why it's important that the DMO provides a safety net for those who might not have shopped around for a better power deal,' said AER Chair Clare Savage.

As a result, AGL said they would commit to increasing customer support funding by at least $70 million over the next two years.

This includes giving bill credits for customers who have seen a more than 45 per cent rise in their energy bills, as well as offering extra financial assistance for low-income households, pensioners, self-funded retirees, families and carers.

But AGL warned this still isn't enough to make up for the staggering electricity costs, saying that the increase in energy prices was mainly being driven by 'unprecedented market volatility from increases in global fuel prices due to geopolitical factors and volatile market conditions, along with supply disruptions'.

'Our decision to increase prices for our market contract customers is based on a detailed consideration of a range of factors including wholesale prices, network charges, retail operating costs, customer affordability and the value we offer to our customers,' they said.

Key Takeaways

• Power bills have surged by almost 50 per cent for millions of Australians who are customers of AGL, Origin Energy and Energy Australia.
• AGL customers from NSW and SA have been hit hardest, with price increases of over 45 per cent.
• Energy retailers attribute the rises to 'unprecedented market volatility', increases in global fuel prices and supply disruptions.
• The Australian Energy Regulator claims that 'wholesale energy costs' are 'predominantly' behind the hikes.

It's important to remember that there are still ways you can save money on your energy bill—whether it's through shopping around for good deals or taking advantage of discounts or government assistance if you're eligible.

It definitely pays to do some research on your local energy providers, as the rates and discounts they offer can vary depending on where you live and what type of energy you're looking to buy.

It might seem like a hassle, but we promise it'll be worth it when you're able to get more bang for your buck when it comes to your power bill.

We encourage you to talk to your local energy provider and see if there's any way you can save yourself some extra cash—especially during this time of already soaring expenses!

Do you have other energy-saving tips and advice? Let us know in the comments below!

Why are energy companies allowed to increase prices above inflation?

 

[Tipsy]

Here at the Seniors Discount Club, we get just as frustrated as everyone else when it comes to the cost of living.

The price of groceries keeps getting higher and higher, the cost of petrol just won't stay put, and now, thanks to a recent rise in energy prices, we can add power bills to that list.

Millions of Australians across the country are struggling to stay afloat amid the cost of living crisis, and the latest power bill increase has certainly not helped.

In fact, electricity tariffs have significantly increased in most states, with a staggering rise of 19 to 25 per cent since July 1. Residential customers of AGL in NSW and SA have experienced even higher jumps, reaching up to 45 per cent.

On average, AGL bills in NSW increased by 29.7 per cent ($540 per year), while in SA, the increase was 29.8 per cent ($565 per year).

In Queensland, the average bill rose by 26.4 per cent ($447 per year).

Victorians were not spared either, as their average bill rose by 25.5 per cent, costing them an additional $341 annually. Perhaps the most shocking increase was observed in one AGL customer in NSW, whose energy bill surged by an astonishing 54.5 per cent.

View attachment 25134

Power bills rose by more than 45 per cent for Australian households. Credit: Pixabay.

The customers of Origin Energy were not spared either, as prices have increased by over 20 per cent annually across all states.

Among the Origin customers, those in Victoria are the most affected, experiencing a staggering 25.5 per cent increase, equivalent to $361 per year. Following closely is South Australia, with a rise of 24.2 per cent, amounting to $405.

In Queensland, households will have to allocate an additional $346 per year on average due to a significant increase of 21.6 per cent. Meanwhile, customers in New South Wales have faced hikes of 21.1 per cent or $407.

It's clear that the surge in energy prices has been felt by households in each of the states, with the Australian Energy Regulator (AER) claiming that 'wholesale energy costs' are 'predominantly' behind the hikes.

'We know households and small businesses continue to face cost-of-living pressures on many fronts, and that's why it's important that the DMO provides a safety net for those who might not have shopped around for a better power deal,' said AER Chair Clare Savage.

As a result, AGL said they would commit to increasing customer support funding by at least $70 million over the next two years.

This includes giving bill credits for customers who have seen a more than 45 per cent rise in their energy bills, as well as offering extra financial assistance for low-income households, pensioners, self-funded retirees, families and carers.

But AGL warned this still isn't enough to make up for the staggering electricity costs, saying that the increase in energy prices was mainly being driven by 'unprecedented market volatility from increases in global fuel prices due to geopolitical factors and volatile market conditions, along with supply disruptions'.

'Our decision to increase prices for our market contract customers is based on a detailed consideration of a range of factors including wholesale prices, network charges, retail operating costs, customer affordability and the value we offer to our customers,' they said.

Key Takeaways

• Power bills have surged by almost 50 per cent for millions of Australians who are customers of AGL, Origin Energy and Energy Australia.
• AGL customers from NSW and SA have been hit hardest, with price increases of over 45 per cent.
• Energy retailers attribute the rises to 'unprecedented market volatility', increases in global fuel prices and supply disruptions.
• The Australian Energy Regulator claims that 'wholesale energy costs' are 'predominantly' behind the hikes.

It's important to remember that there are still ways you can save money on your energy bill—whether it's through shopping around for good deals or taking advantage of discounts or government assistance if you're eligible.

It definitely pays to do some research on your local energy providers, as the rates and discounts they offer can vary depending on where you live and what type of energy you're looking to buy.

It might seem like a hassle, but we promise it'll be worth it when you're able to get more bang for your buck when it comes to your power bill.

We encourage you to talk to your local energy provider and see if there's any way you can save yourself some extra cash—especially during this time of already soaring expenses!

Do you have other energy-saving tips and advice? Let us know in the comments below!

Their excuses for the price rise is nothing but total CRAP, the old story of :baffle them with Bullshit: or " treat them like mushrooms, keep them in the dark and feed them Bullshit: the price increase reason is nothing more than increased wages for the CEO's and other arrogant greedy arseholes who hide behind the scenes.....

 

[Singomate]

Here at the Seniors Discount Club, we get just as frustrated as everyone else when it comes to the cost of living.

The price of groceries keeps getting higher and higher, the cost of petrol just won't stay put, and now, thanks to a recent rise in energy prices, we can add power bills to that list.

Millions of Australians across the country are struggling to stay afloat amid the cost of living crisis, and the latest power bill increase has certainly not helped.

In fact, electricity tariffs have significantly increased in most states, with a staggering rise of 19 to 25 per cent since July 1. Residential customers of AGL in NSW and SA have experienced even higher jumps, reaching up to 45 per cent.

On average, AGL bills in NSW increased by 29.7 per cent ($540 per year), while in SA, the increase was 29.8 per cent ($565 per year).

In Queensland, the average bill rose by 26.4 per cent ($447 per year).

Victorians were not spared either, as their average bill rose by 25.5 per cent, costing them an additional $341 annually. Perhaps the most shocking increase was observed in one AGL customer in NSW, whose energy bill surged by an astonishing 54.5 per cent.

View attachment 25134

Power bills rose by more than 45 per cent for Australian households. Credit: Pixabay.

The customers of Origin Energy were not spared either, as prices have increased by over 20 per cent annually across all states.

Among the Origin customers, those in Victoria are the most affected, experiencing a staggering 25.5 per cent increase, equivalent to $361 per year. Following closely is South Australia, with a rise of 24.2 per cent, amounting to $405.

In Queensland, households will have to allocate an additional $346 per year on average due to a significant increase of 21.6 per cent. Meanwhile, customers in New South Wales have faced hikes of 21.1 per cent or $407.

It's clear that the surge in energy prices has been felt by households in each of the states, with the Australian Energy Regulator (AER) claiming that 'wholesale energy costs' are 'predominantly' behind the hikes.

'We know households and small businesses continue to face cost-of-living pressures on many fronts, and that's why it's important that the DMO provides a safety net for those who might not have shopped around for a better power deal,' said AER Chair Clare Savage.

As a result, AGL said they would commit to increasing customer support funding by at least $70 million over the next two years.

This includes giving bill credits for customers who have seen a more than 45 per cent rise in their energy bills, as well as offering extra financial assistance for low-income households, pensioners, self-funded retirees, families and carers.

But AGL warned this still isn't enough to make up for the staggering electricity costs, saying that the increase in energy prices was mainly being driven by 'unprecedented market volatility from increases in global fuel prices due to geopolitical factors and volatile market conditions, along with supply disruptions'.

'Our decision to increase prices for our market contract customers is based on a detailed consideration of a range of factors including wholesale prices, network charges, retail operating costs, customer affordability and the value we offer to our customers,' they said.

Key Takeaways

• Power bills have surged by almost 50 per cent for millions of Australians who are customers of AGL, Origin Energy and Energy Australia.
• AGL customers from NSW and SA have been hit hardest, with price increases of over 45 per cent.
• Energy retailers attribute the rises to 'unprecedented market volatility', increases in global fuel prices and supply disruptions.
• The Australian Energy Regulator claims that 'wholesale energy costs' are 'predominantly' behind the hikes.

It's important to remember that there are still ways you can save money on your energy bill—whether it's through shopping around for good deals or taking advantage of discounts or government assistance if you're eligible.

It definitely pays to do some research on your local energy providers, as the rates and discounts they offer can vary depending on where you live and what type of energy you're looking to buy.

It might seem like a hassle, but we promise it'll be worth it when you're able to get more bang for your buck when it comes to your power bill.

We encourage you to talk to your local energy provider and see if there's any way you can save yourself some extra cash—especially during this time of already soaring expenses!

Do you have other energy-saving tips and advice? Let us know in the comments below!

I have done a little research on the price of power, and seems to me Alinta is the best of a bunch of robbers.

 

[Joshryan]

I received my new rates from Red Energy in Melbourne and was shocked that it was 50% increase but on checking where it was going to be a $231 yearly increase (only paid $400 previous year I have solar) I called them it works out the increase they tell you is not taking into account discount as seniors we receive from the government on our bills so when this is taken into account probably less than an extra $100 for the year. Whew I can breath again as gas also went up which for me is high but I’m doing an experiment and going electric for the year. Going to be be interesting to see how much I save on my $1000 gas bill (considering it’s a small house and only me) when only using solar hot water and how much more the electric works for the year.

 

[trakn]

I received my new rates from Red Energy in Melbourne and was shocked that it was 50% increase but on checking where it was going to be a $231 yearly increase (only paid $400 previous year I have solar) I called them it works out the increase they tell you is not taking into account discount as seniors we receive from the government on our bills so when this is taken into account probably less than an extra $100 for the year. Whew I can breath again as gas also went up which for me is high but I’m doing an experiment and going electric for the year. Going to be be interesting to see how much I save on my $1000 gas bill (considering it’s a small house and only me) when only using solar hot water and how much more the electric works for the year.

Every household should have solar hot water. Only cost is the unit price and water use.

Have had solar hot water for years and and never had to boost heat ever . Even in winter have always had water warm enough to have a hot shower

I received my new rates from Red Energy in Melbourne and was shocked that it was 50% increase but on checking where it was going to be a $231 yearly increase (only paid $400 previous year I have solar) I called them it works out the increase they tell you is not taking into account discount as seniors we receive from the government on our bills so when this is taken into account probably less than an extra $100 for the year. Whew I can breath again as gas also went up which for me is high but I’m doing an experiment and going electric for the year. Going to be be interesting to see how much I save on my $1000 gas bill (considering it’s a small house and only me) when only using solar hot water and how much more the electric works for the year.

 

[Luckyus]

Here at the Seniors Discount Club, we get just as frustrated as everyone else when it comes to the cost of living.

The price of groceries keeps getting higher and higher, the cost of petrol just won't stay put, and now, thanks to a recent rise in energy prices, we can add power bills to that list.

Millions of Australians across the country are struggling to stay afloat amid the cost of living crisis, and the latest power bill increase has certainly not helped.

In fact, electricity tariffs have significantly increased in most states, with a staggering rise of 19 to 25 per cent since July 1. Residential customers of AGL in NSW and SA have experienced even higher jumps, reaching up to 45 per cent.

On average, AGL bills in NSW increased by 29.7 per cent ($540 per year), while in SA, the increase was 29.8 per cent ($565 per year).

In Queensland, the average bill rose by 26.4 per cent ($447 per year).

Victorians were not spared either, as their average bill rose by 25.5 per cent, costing them an additional $341 annually. Perhaps the most shocking increase was observed in one AGL customer in NSW, whose energy bill surged by an astonishing 54.5 per cent.

View attachment 25134

Power bills rose by more than 45 per cent for Australian households. Credit: Pixabay.

The customers of Origin Energy were not spared either, as prices have increased by over 20 per cent annually across all states.

Among the Origin customers, those in Victoria are the most affected, experiencing a staggering 25.5 per cent increase, equivalent to $361 per year. Following closely is South Australia, with a rise of 24.2 per cent, amounting to $405.

In Queensland, households will have to allocate an additional $346 per year on average due to a significant increase of 21.6 per cent. Meanwhile, customers in New South Wales have faced hikes of 21.1 per cent or $407.

It's clear that the surge in energy prices has been felt by households in each of the states, with the Australian Energy Regulator (AER) claiming that 'wholesale energy costs' are 'predominantly' behind the hikes.

'We know households and small businesses continue to face cost-of-living pressures on many fronts, and that's why it's important that the DMO provides a safety net for those who might not have shopped around for a better power deal,' said AER Chair Clare Savage.

As a result, AGL said they would commit to increasing customer support funding by at least $70 million over the next two years.

This includes giving bill credits for customers who have seen a more than 45 per cent rise in their energy bills, as well as offering extra financial assistance for low-income households, pensioners, self-funded retirees, families and carers.

But AGL warned this still isn't enough to make up for the staggering electricity costs, saying that the increase in energy prices was mainly being driven by 'unprecedented market volatility from increases in global fuel prices due to geopolitical factors and volatile market conditions, along with supply disruptions'.

'Our decision to increase prices for our market contract customers is based on a detailed consideration of a range of factors including wholesale prices, network charges, retail operating costs, customer affordability and the value we offer to our customers,' they said.

Key Takeaways

• Power bills have surged by almost 50 per cent for millions of Australians who are customers of AGL, Origin Energy and Energy Australia.
• AGL customers from NSW and SA have been hit hardest, with price increases of over 45 per cent.
• Energy retailers attribute the rises to 'unprecedented market volatility', increases in global fuel prices and supply disruptions.
• The Australian Energy Regulator claims that 'wholesale energy costs' are 'predominantly' behind the hikes.

It's important to remember that there are still ways you can save money on your energy bill—whether it's through shopping around for good deals or taking advantage of discounts or government assistance if you're eligible.

It definitely pays to do some research on your local energy providers, as the rates and discounts they offer can vary depending on where you live and what type of energy you're looking to buy.

It might seem like a hassle, but we promise it'll be worth it when you're able to get more bang for your buck when it comes to your power bill.

We encourage you to talk to your local energy provider and see if there's any way you can save yourself some extra cash—especially during this time of already soaring expenses!

Do you have other energy-saving tips and advice? Let us know in the comments below!

BullshitLaborBastardArseholes

 

[Macarj]

the operative word on this topic is AGL....wouldn't deal with them if they were to last provider on the planet. Thieving mongrels........

I even sold my AGL shares because of the disgusting actions

 

[Tony@51]

Here at the Seniors Discount Club, we get just as frustrated as everyone else when it comes to the cost of living.

The price of groceries keeps getting higher and higher, the cost of petrol just won't stay put, and now, thanks to a recent rise in energy prices, we can add power bills to that list.

Millions of Australians across the country are struggling to stay afloat amid the cost of living crisis, and the latest power bill increase has certainly not helped.

In fact, electricity tariffs have significantly increased in most states, with a staggering rise of 19 to 25 per cent since July 1. Residential customers of AGL in NSW and SA have experienced even higher jumps, reaching up to 45 per cent.

On average, AGL bills in NSW increased by 29.7 per cent ($540 per year), while in SA, the increase was 29.8 per cent ($565 per year).

In Queensland, the average bill rose by 26.4 per cent ($447 per year).

Victorians were not spared either, as their average bill rose by 25.5 per cent, costing them an additional $341 annually. Perhaps the most shocking increase was observed in one AGL customer in NSW, whose energy bill surged by an astonishing 54.5 per cent.

View attachment 25134

Power bills rose by more than 45 per cent for Australian households. Credit: Pixabay.

The customers of Origin Energy were not spared either, as prices have increased by over 20 per cent annually across all states.

Among the Origin customers, those in Victoria are the most affected, experiencing a staggering 25.5 per cent increase, equivalent to $361 per year. Following closely is South Australia, with a rise of 24.2 per cent, amounting to $405.

In Queensland, households will have to allocate an additional $346 per year on average due to a significant increase of 21.6 per cent. Meanwhile, customers in New South Wales have faced hikes of 21.1 per cent or $407.

It's clear that the surge in energy prices has been felt by households in each of the states, with the Australian Energy Regulator (AER) claiming that 'wholesale energy costs' are 'predominantly' behind the hikes.

'We know households and small businesses continue to face cost-of-living pressures on many fronts, and that's why it's important that the DMO provides a safety net for those who might not have shopped around for a better power deal,' said AER Chair Clare Savage.

As a result, AGL said they would commit to increasing customer support funding by at least $70 million over the next two years.

This includes giving bill credits for customers who have seen a more than 45 per cent rise in their energy bills, as well as offering extra financial assistance for low-income households, pensioners, self-funded retirees, families and carers.

But AGL warned this still isn't enough to make up for the staggering electricity costs, saying that the increase in energy prices was mainly being driven by 'unprecedented market volatility from increases in global fuel prices due to geopolitical factors and volatile market conditions, along with supply disruptions'.

'Our decision to increase prices for our market contract customers is based on a detailed consideration of a range of factors including wholesale prices, network charges, retail operating costs, customer affordability and the value we offer to our customers,' they said.

Key Takeaways

• Power bills have surged by almost 50 per cent for millions of Australians who are customers of AGL, Origin Energy and Energy Australia.
• AGL customers from NSW and SA have been hit hardest, with price increases of over 45 per cent.
• Energy retailers attribute the rises to 'unprecedented market volatility', increases in global fuel prices and supply disruptions.
• The Australian Energy Regulator claims that 'wholesale energy costs' are 'predominantly' behind the hikes.

It's important to remember that there are still ways you can save money on your energy bill—whether it's through shopping around for good deals or taking advantage of discounts or government assistance if you're eligible.

It definitely pays to do some research on your local energy providers, as the rates and discounts they offer can vary depending on where you live and what type of energy you're looking to buy.

It might seem like a hassle, but we promise it'll be worth it when you're able to get more bang for your buck when it comes to your power bill.

We encourage you to talk to your local energy provider and see if there's any way you can save yourself some extra cash—especially during this time of already soaring expenses!

Do you have other energy-saving tips and advice? Let us know in the comments below!

we are not going to see cheaper power bills unless we invest in more power stations i.e. Gas coal or nuclear. carbon neutral is a pipe dream . That is only going to see more of us oldies in the ground earlier than we should maybe saving our younger the money and time to look after us in our golden years ????

 

[Tony@51]

We only have ourselves to blame by believing the BS being sprouted by the Labor Party prior to the last election with promises to reduce power bills by $270+ and listening to the crap about how much cheaper this alleged Green energy is being pushed by the Greens and the TEALS and our Governments shutting down and refusing to allow new "CLEAN" coal fired power stations to be built-of which there are hundreds being built in India, China and Japan and where Europe is restarting up a lot of there coal fired power stations because of the high cost of this alleged clean power or adopting Nuclear Energy, the cleanest power generating system available today. And before people start calling out that Hydrogen will be the saviour I would suggest that you first find out how Hydrogen is produced. And one small added benefit of coal fired power stations- Countries which are allegedly polluting the atmosphere with exhaust gases from their coal fired power stations are able to feed their very high populations through the increased yields of their food crops which feed on these alleged polluting gases.

if green power is cheaper how come South australia who boasts 75% renewables the most expensive power in Australia???

 

[gordon1940]

What bugs me is that I had a two year contract with Origin, due to expire in Feb '24. Apparently it's not worth the paper it's written on as Origin have sent me a letter telling me that my prices have gone up on July 1st '23. Why do we bother, these companies can, it would seem, move the goalposts at a whim and a contract is no longer a promise of constant supply and pricing.

I would have thought that a Contract detailed exactly the agreement between both Parties. That would include fixed prices or provision to adjust prices. Check it out. You may be able to contest th increase.

 

[Tipsy]

BullshitLaborBastardArseholes

Its not only them and it wouldnt matter which party is in power the prices would still have increased all because of the greed of the providers nothing else

 

[IAN3005]

I even sold my AGL shares because of the disgusting actions

excellent work. They are the biggest shysters on the planet!!!