Tuesday, June 29, 2010

Victoria has the most competitive energy market in Australia

Victoria has already dominated the Australian electricity market for the past five years. This was according to VaasaETT, a global power analyst operating out of Finland.

With the Twenty six per cent of Victorian energy and gas shoppers who opted to switch dealers, Victoria electricity market has become radically more productive. This is also quite obvious with the annual 20 % rate of costumers that are moving over that includes small businesses and ordinary households. It was also found out that 12.2 % made the change in South Australia, 11.5 % in Queensland, and 9.2 % in New South Wales. As compared to their tough competitors in Australia, Victoria has indeed become more fruitful.

The real deal is not all about getting high numbers of customer transfer but rather how effective was the switch decision. This was cited by Make It Cheaper. The entire process of coming up with a decision must be investigated thoroughly. Consumers might have been presented with a single option leaving them with no choice but to grab what is in front of them. This is what door-to-door selling is all about – making biased reviews and making customers believe that they are choosing the best option. If you compare it to United Kingdom’s unbiased reviews with its 1 million companies, customers are really assured that they have opted for the best.

Since then, the issue about having satisfied customers who made a decision to shift dealers is still questionable. This is now the wake up call for the government to act upon existing market issues to assure the sound welfare of its consuming public.

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