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.
For eligible customers, the energy retailer is waiving its membership fee for the first six months, earning customers a total saving of $114 on their electricity bills.
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!