Queensland Energy Prices Have Crashed – Time to Cash in

Annual electricity costs in South East Queensland have tumbled by almost $200 over the last two years, Canstar Blue analysis shows.

Prices up to 31 per cent less than the Reference Price are on offer to Sunshine State residents as a result of a reduction to default energy prices and several new providers launching in the South East, which has helped drive average costs down by nearly 13 per cent.

The current cheapest offer is $269 cheaper annually than the best-priced plan available in July 2019.

“Not only has there been a surge of new companies entering the market, Queenslanders have also been lucky that power generation costs have been reducing, with some savings passed on by the retailers,”…