Finding the right energy plan to cut costs this summer

Keeping your home cool during summer can be costly, especially with air conditioning running regularly. For many households, older homes with poor insulation or outdated cooling systems make this even harder. According to the 2024 ACOSS Heat Survey, 56.7% of Australians said they struggled to cool their homes, either because they didn’t have functioning air conditioners or couldn’t afford to run them.

The good news is that you don’t have to tackle rising bills alone. By switching to an energy plan that fits your household’s needs, you can reduce expenses and stay comfortable through the warmer months. This is where energy comparison tools like GoSwitch come in to make the process easier.

If you’re not sure where to begin, finding the right energy plan is easier than you might think. Here’s how you can choose a plan that works for your household and save this summer.

Track your energy usage

Before choosing an energy plan, take some time to understand how and when you use energy. Look at your past electricity bills to identify your typical consumption patterns. 

Are you using more power during the day or in the evenings? Do your bills spike during the summer months because of cooling? Knowing these details can help you choose between options like single-rate or time-of-use plans.

Compare providers and plans

To find a plan that fits your needs, start by reviewing your energy usage and compare electricity rates across different providers. GoSwitch makes this easy. Visit the GoSwitch website, enter your postcode and provide details like your current provider, dwelling type, household size and energy type.

GoSwitch will present tailored plans, including market offers with discounts or fixed rates and stable standing offers. Review the terms carefully, as market offers can change after a period. 

Choose a plan that suits your household

Energy plans aren’t one-size-fits-all. By choosing one that fits your usage patterns and lifestyle, you can avoid overpaying and keep your energy bills under control.

For consistent energy use, single-rate tariffs, which charge a flat rate regardless of the time of day, are a straightforward option. If your energy use varies throughout the day, time-of-use tariffs may be a better fit. Choose controlled load tariffs if you have specific appliances like pool pumps or hot water systems that can operate during designated off-peak times at a lower rate.

You should also consider seasonal factors. During summer, cooling costs can add up quickly, especially if you rely on air conditioning during the day. A plan with competitive daytime rates can help manage these expenses. 

Check for hidden fees

While comparing rates, don’t forget to review the terms and conditions of each plan. Some providers include fees for late payments, early exits or even paper bills. These hidden costs can add up and offset potential savings.

Look for transparent plans that clearly outline supply charges, usage rates, and any additional fees. This will help you avoid surprises and get the most out of your chosen energy plan.

Switch to a better energy plan today

Summer doesn’t have to mean higher energy bills. By choosing the right energy plan with GoSwitch , you can stay ahead of rising costs while keeping your home comfortable. Start using these tips to save and find a plan that suits your needs.