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COVID, increased home consumption, and halt to meter reading is the perfect storm for bill shock
Electricity switching transfer time period is reduced to only 48 hours, so consumers will now gain benefit from their switch decisions much more quickly.
Many households are feeling the financial impact of job and income loss due to the COVID pandemic, plus we're into winter which for many households means higher energy consumption for heating
We're on the cusp of seeing new supply entering the market, and we're also seeing plateauing and falling demand. That can mean only one thing, electricity rates will head south. The question is, when will you start to see that reflected in your own bill?
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