Latest news with #RedEnergy
Sky News AU
11-07-2025
- Business
- Sky News AU
Victoria blasted for ‘demonising' gas in their renewables-only crusade
Shadow Energy Minister Dan Tehan says the Victorian government has 'demonised' gas in their renewables-only approach. This comes as Red Energy, the country's fourth largest energy retailer, will slap its customers with fresh electricity price hikes in a major blow to thousands of Victorian families. 'Now in Victoria, what we are seeing to try and overcome these delays, is they are taking property rights away from farmers,' Mr Tehan told Sky News Australia. 'It's because they haven't got the plan right, and in particularly, because they have focused on renewables only.'
Sky News AU
11-07-2025
- Business
- Sky News AU
Chris Bowen makes ‘complete mess' of Australia's energy grid
Shadow Energy Minister Dan Tehan says Chris Bowen has made a 'complete mess' of Australia's electricity transition. This comes as Red Energy, the country's fourth largest energy retailer, will slap its customers with fresh electricity price hikes in a major blow to thousands of Victorian families. 'Everywhere you look, it's a mess, and the one thing that he doesn't want to answer is: what is the cost of this mess?' Mr Tehan told Sky News Australia.
Sky News AU
10-07-2025
- Business
- Sky News AU
Power bills set to surge as Red Energy reveals fresh price hike for thousands of Victorian families
Red Energy, the country's fourth largest energy retailer will slap its customers with fresh electricity price hikes in a major blow to thousands of Victorian families. In late May the Australian Energy Market Operator announced that 500,000 customers nationwide could experience an eye watering 9.7 per cent rise in their power bills. The increase in electricity prices, which officially kicked in on July 1 are affecting millions of households nationwide, with average bills rising between $110 and $300 per year depending on the provider and state. The AER's latest quarterly data revealed that more than 215,000 Australians are currently in energy debt - a number that rose by 7 per cent from the previous quarter. However, Red Energy, the retail body of the government owned Snowy Hydro company revealed it would be raising its prices in Victoria by just over four per cent. This is believed to lump an addition $50 on the yearly power bills of an estimated 230,000 Victorian families. The move will further reduce the substance of the federal government's energy rebates, which have already been halved from $300 to $150. However, Red Energy's Victorian price hike is not as bad as New South Wales, with the retailer raising annual prices by a whopping 15 per cent in the country's most populated state. The rise follows price increases announced by the country's largest electricity providers including AGL, Origin and Energy Australia. AGL lifted its annual prices in Victoria by 6.8 per cent. A spokesperson for Red Energy told the Herald Sun the choice to raise prices was a 'difficult decision' and that it was aware 'many households are facing cost of living pressure.' 'We've done our best to keep prices as low as possible,' the country's fourth largest electricity and gas retailers insisted. 'These increases reflect rising costs such as wholesale and network costs, which make up over 70 per cent of the average bill,' a spokeswomen told the Herald Sun. The spokeswomen insisted their packages would still remain competitive. When asked by the Herald Sun if the government owned energy providers move to lift prices was appropriate, Climate and Energy Minister Chris Bowen provided a quotation from a recent speech. Mr Bowen skirted around the around the price hike and said the government would 'deliver a better regulated pricing mechanism which will put downward pressure on electricity bills and also ensure the energy market better utilises the huge uptake of rooftop solar and increasingly batteries.' Mr Bowen, who has come under increasing fire for pursuing a hasty renewable energy rollout is currently visiting the Pacific to 'reinforce the government's commitment to practical climate action and progress discussions on our bid to host COP31 in 2026.' Red Energy has experienced a substantial bump in revenue in recent years, with energy sales rising by 21 per cent in 2023-24 in addition to its yearly income doubling to $900 million. Head of retail at Snowy Hydro Iain Graham was paid a salary of $1.96 million in 2023-24, up $350,000 from the previous year.
Time Business News
30-04-2025
- Business
- Time Business News
Find Best Electricity Deals with VIC Energy Compare
Planning a home relocation involves many costs, but smart timing and service bundles can cut expenses. By scheduling your move during off‑peak seasons, combining moving and utility quotes and syncing with energy upgrades, you can unlock rebates and discounts. In this article, we discuss how a simple DIY energy audit and rebate‑finder tools further boost your savings. Platforms like Connect Market help you compare utility plans and find affordable removalists in Brisbane. Follow this playbook to save time and money on your Australian house move with Connect Market's removalists Brisbane. Plan Your Move in Off‑Peak Seasons Off‑peak months like March to May and June to August offer lower removalist rates due to less demand. Removalists often lower their fees by up to 30% in these periods. Choosing autumn or winter for your move lets you secure better availability and lower hourly rates. You also gain more options for booking dates, times, and seasonal promotions. Leverage Backload Services for Interstate Moves Interstate relocations and small moves can cost less with backload services, which fill unused truck space. You share space with other customers, paying only for the room you use. Backload moves can cut your interstate move cost by up to 50%. You also reduce fuel use and emissions, making your move more eco-friendly and minimising waste. Negotiate Multiple Removalist Quotes Request at least three detailed quotes from different removalist companies and packing services. Compare hourly rates, distance fees, public holiday surcharges and insurance options to find the best value. Use your findings to negotiate a lower rate by showing quotes from competitors. A simple comparison can secure savings and ensure you book a reputable service that meets your budget. Bundle Moving and Electricity Quotes Bundling moving services with electricity connections, packing and cleaning can unlock extra discounts. Ask removalists and utility providers for a single package rate, including gas connections and water service setup. Companies like AGL and Red Energy often give reduced fees when you combine energy, internet and other services with your move. Always confirm package inclusions, service dates and final costs in writing before you agree. Key Steps to Secure Bundle Discounts Request combined quotes for moving, packing and utility setup to access package rates. Compare each bundle offer and ask providers to match lower competitor prices. Confirm all service dates, fees and rebate eligibility in writing before signing any agreement. Keep detailed records and follow up on package deadlines to lock in your discount. Sync Move‑In with Energy Upgrades Align your move‑in date with major energy upgrades like solar panels, ceiling insulation, gas meter installation or heat pump installation. Coordinating installers and movers for the same day can cut separate call‑out fees and travel costs. Many providers offer a discount for consecutive bookings, helping you save on both moving and home energy upgrade expenses. Conduct a DIY Pre‑Move Energy Audit Before you move, perform a simple home energy audit to spot leaks and inefficiencies. Check door and window seals, inspect insulation or window film and test appliance performance with tools like infrared thermometers. Record meter readings and take photos of draft areas. This evidence supports your rebate claims and tracks improvements after upgrades to maximise your home energy savings. Combine Schedules to Save Time and Fees Scheduling removalists and energy installers on the same day reduces travel fees and avoids extra call‑out charges. A single visit cuts delays, keeps your move‑in timeline on track and may earn reward points from movers and providers. This approach often triggers additional bundle discounts from removal and utility companies, helping you save time, money and effort during your home relocation. Track Energy and Moving Rebates Set calendar reminders for all rebate‑related deadlines and gather documents like invoices, energy audit reports and rental agreements to support your claims. Tracking these steps ensures you submit on time and avoid missed opportunities. The savings you recoup from energy rebates and moving discounts can offset most of your relocation expenses and boost your budget head start. Use Rebate‑Finder Tools for Maximum Returns Use online rebate‑finder tools like Service NSW Savings Finder and Service Victoria's Energy Compare Tool to locate all available energy rebates and local council grants. Enter your postcode to get tailored listings and eligibility details. These services help you discover rebates for solar panels, insulation and efficient appliances, making sure you claim every saving opportunity before your move. Find Best Electricity Deals with VIC Energy Compare Connect Market offers tools to compare electricity and The VIC Energy Compare Tool helps Victorian homeowners find the best electricity deals. By uploading a recent bill and entering your usage details, you see tailored plans from all major retailers. Many users report savings of $240 when they switch to a better energy offer via the comparison service. Simplify Your Search with Connect Market Connect Market makes it easy to find affordable removalists and electricity providers in Brisbane with one search. Enter your move date, home size and postcode to get matched quotes from removal companies and Brisbane energy retailers. Compare prices, services and reviews without contacting each provider. Connect Market saves time and helps you secure competitive rates for moving and energy connections. Conclusion Smart timing, detailed quotes and service bundles can cut your moving and energy costs. By planning your move during off‑peak seasons, using backload options, negotiating quotes, conducting a DIY audit and syncing move‑in with energy upgrades, you grant yourself the best chance to claim rebates and bundle discounts. Tools like the VIC Energy Compare Tool and Connect Market in Brisbane bring removalists and energy plans into one place. Start your efficient Australian home move today and secure future savings. TIME BUSINESS NEWS
