An excerpt from CHOICE:
The way energy retailers fiddle with their prices can bring on bewilderment for even the most forensically-minded home economist.
There are too many plans and too many moving parts. Pinpointing the best deal at any given moment seems impossible.
“The justification for this huge range of variation in the prices of many energy products is questionable, when they are all essentially selling the same electricity,” says Douglas McCloskey, program director for energy and water at the Public Interest Advocacy Centre (PIAC), which is currently looking into consumer outcomes in the energy sector.
“Why should two people in the same circumstances and in the same area be paying two wildly different prices for the exact same thing from the same retailer – and not know it?”