Dan Adams, who co-founded the company with Chris Thompson, said consumers should be able to take advantage of falling wholesale prices. But he said those on standard deals were largely missing out because they were locked into flat-rate contracts based on last year's extraordinary prices.
Data obtained exclusively by Yahoo Finance from Victorian Powerpal users has determined that seven out of 10 Victorians could reduce their energy bills by switching from a traditional electricity supplier to a wholesale one.
After comparing his family’s options, Dan decided to switch to wholesale electricity provider Amber Electric, which allows customers to access the real-time wholesale price of electricity, rather than a flat price.
As Australians stare down a potential surge in electricity prices this year, many have found a way to fight back against rising power bills. From feed-in tariffs and rebates, going green could be the answer to long term savings.
In celebration of the release of its new battery automation product, Amber for Batteries, the provider is giving one lucky homeowner the chance to nab one of the best solar batteries in the game, absolutely free of charge!
Amber acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the land on which we operate. We pay our respects to Aboriginal and Torres Strait Islander Elders past, present, and emerging.
Amber is available in VIC, SA, NSW, ACT and SE QLD.
Amber passes through wholesale electricity prices directly at the cost to us, this includes: wholesale energy costs, hedging costs, network charges (per kWh and per day), metering costs, environmental costs and carbon offset costs.
Amber Electric Pty Ltd is an authorised electricity retailer and the provider of the Amber energy product.