The cost of living in Australia is rising quickly, showing no sign of abating in the near future.
This is reflected in the 7 cash rate hikes we’ve just seen (from 0.1% to 2.85%), with inflation predicted to peak at 7.75% this December 2022.
In late October, the Federal government handed down its first budget and the Treasurer announced (among other things) that the average electricity bill will rise by 20% by the end of this year.
With a further rise of 30% by the end of 2023/2024, that’s a total of 50% increase by 2024!
What does this mean for you?
For the average Australian family with an electricity bill of $405 quarterly or $1620 yearly, the predicted rising energy bill for households is massively concerning.
In the meantime, wage growth in Australia remains moderate at 3.1% p.a. to last September quarter.
What can you do to save on your energy bills?
One of the most effective ways to reduce energy bills is to switch to renewable energy, with solar being the most popular clean energy option out of all. This is mainly due to its:
- Stability
- Easy implementation and
- Incentives available
Solar generates on-site electricity for you without having to rely on the electricity grid. This means you instantly reduce energy consumption for your household.
Rebates to help you
The Federal Government, along with a large portion of the rest of the world have committed to achieving net zero emissions by 2050.
As part of this commitment, they’re providing sizeable incentives such as Large-scale Generation Certificates (LGCs) and Small-scale Technology Certificates(STCs) to help lift the financial burden for residential households and businesses converting to renewable and clean energy like solar.
Why UNIfied?
At UNIfied, we are here to ensure you can get the best out of your solar system and pay less for your electricity bills.
We stand by the quality of our products and services. In choosing UNIfied, you automatically benefit from our Solar Savings Guarantee program, get
o a 12-year product warranty
o a 25-year performance guarantee, along with
o a 5-year warranty on our workmanship
Contact UNIfied today to achieve greater savings in these precarious times, and start your journey of clean energy living!
Visit UNIfied Energy or call 1300 817 847
