As prices rise, here’s how to cut the cost of your power bills

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By now, we’ve all felt it. Power payments are getting an increasing number of costly by the month as world forces wreak havoc on coal and fuel costs. The comparatively low wholesale costs we had in the course of the pandemic are lengthy gone, greater than doubling between 2021 and 2022.

And if that paragraph wasn’t grim sufficient for you, the chief government of one of many nation’s largest vitality retailers not too long ago warned costs have been prone to rise by one other 35 per cent subsequent yr.

It’s not a terrific prognosis for Australians who’re already fighting the rising expense of just about every part else, together with meals costs, insurance coverage, and mortgages.

Money editor Dominic Powell and senior economics writer Jessica Irvine   are hosting the new  podcast It All Adds Up.

Cash editor Dominic Powell and senior economics author Jessica Irvine are internet hosting the brand new podcast It All Provides Up.Credit score:Dominic Lorrimer

However, as at all times, there are a couple of methods to attempt relating to chopping the price of your vitality invoice, which we element on this week’s episode of It All Provides Up.

This contains Jess’ in-depth analysis into how sensible and reasonably priced it’s to put in photo voltaic panels in your house (spoiler alert: it’s sophisticated) and our common plea for listeners to go and declare the varied authorities rebates obtainable for vitality payments.

We additionally element why Queen’s Bohemian Rhapsody is a nasty track to sing within the bathe, and Jess introduces us to the money-saving teachings of a distinctly non-French-sounding thinker.

Have a pay attention on all main podcast gamers, together with Apple Podcasts and Spotify, and don’t neglect to ship in questions of your individual to italladdsup@9.com.au.

It All Provides Up is sponsored by Trilogy Funds.

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