Energy Prices in South Australia Reach New Low – Now’s the Time to Switch

It’s official – electricity prices in South Australia have been plummeting, with new Canstar Blue data revealing that costs have reduced by almost 11 per cent since 2019. However, only a tiny minority of bill-payers in the state are taking full advantage.

The analysis shows that average energy bills in South Australia have fallen by around $200 since the introduction of new industry regulations almost two years ago, while the cheapest deal in market is now $270 cheaper than it was in mid-2019.

Falling wholesale energy prices and a bunch of new power players entering the market have made conditions favourable for bill-payers, with deals reaching up to 24 per cent off the Reference Price, at the time…