Victoria has the most competitive energy market in Australia

VaasaETT, a global power think tank located in Finland, has declared that for the fifth year consecutively Victoria has one of the world’s most competitive electricity markets, with around 20% of homeowners and small business switching every year.

Presented with other Aussie states that have created openly competitive changing markets, Victoria is noticeably more productive.

Last year twenty six per cent of Victorian electrical energy and gas shoppers decided to switch completely to another dealer last year, while 12.2 per cent made the change in South Australia, 11.5 per cent in Queensland, and a minute 9.2 per cent in New South Wales.

Make It Cheaper says: "The devil is in the fine detail. Even though Victoria is performing effectively with regards to real consumers moving over, the key will be whether or not they acquired the best deal available to them after they changed. Most of these customer may have changed via a power suppliers door-to-door sales agent, or telesales rep. Given these kind of guys only put one offer on the table, the consumer is usually blind to whether or not there are far better deals available in the market place.

Match it up to the United Kingdom in which about 1 million businesses and also home owners switch by way of comparison providers each year, these customers can be confident that they are getting the best deal for them, through and independent service.

Victoria has the most competitive energy market in Australia - however the question we have to ask ourselves is 'Are customers better off?'

It really is quite clear how the government must know that it's not only about transferring, it is more valuable that the client understands they have choice and how to go about getting the best deal."