Is Now the Time to Fix Rates in NSW? Red Energy Thinks So

Red Energy is inviting customers in New South Wales to fix their electricity rates, despite wholesale prices falling significantly over the past year.

Once a variable rate offer, the Living Energy Saver is now a fixed rate plan in NSW, allowing residents to lock in competitive usage and supply charges until 31 March 2022.

General Manager of Sales at Red Energy, Ramy Soussou, said that locking in rates could give many customers peace of mind during the current economic climate.

“We wanted to provide customers with some certainty and reassurance at a time where there has been so much uncertainty. This is a win for the customer who will get a guarantee on pricing but will not be locked into a…