Alinta Energy chief executive, Jeff Dimery has issued a stark warning to Australian consumers, predicting an increase to retail electricity prices of more than 35% in 2023.

Speaking at the AFR’s energy and climate summit, Mr Dimery said, “When we run our modelling for energy pricing next year, using the current market prices, tariffs are going up a minimum 35 per cent.“

This is not the news that anyone wants to hear. Australian consumers have already experienced tariff increases of between 43 and 285% since the climate crisis began and energy retailers struggle to deal with an out of control wholesale market.

With the cost of energy about to climb even further, finding ways to save where you can has never been more important.

Here are 4 easy changes you can make right now to take control of your energy costs.

Alinta Energy CEO, Jeff Dimery, speaking at AFR energy and climate summit this week.

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Key Points

• Alinta Energy’s internal modelling predicts minimum 35% increase to electricity tariffs in 2023
• Easing of energy pressures still years off
• Savings tactics hailed as way to minimise household impact

#1 Check Your Star Ratings

Owning efficient appliances really does have a huge impact the size of your energy bills. So, if you’re in the market for a new TV or fridge make sure you buy one with as many stars on it as you can find.

Mobile and tablet users scroll to view full table →

Cost of Fuel Excise Increase: 10 Most Popular Australian Cars

Source energyrating.gov.au. Assumes average NSW tariff rate.

#2 Compare and Save with Energy Market

The easiest way to get stung by higher electricity costs is to blindly stick with your current plan and provider.

If you think you’re paying too much for your electricity and gas, we recommend jumping on an online comparison tool like Energy Market and seeing what deals are out there.

With the market in total turmoil, a lot of energy providers are smelling blood in the water and are trying to lure new customers in with the promise of:

• Cheaper tariff rates
• Attractive sign on bonuses
• Better customer service