Energy prices rising in the Illawarra – survey

Two-thirds of Illawarra residents say their energy prices have gone up in the last six months according to a new survey.

But most of them haven’t looked for ways to save money.

The Illawarra Regional Information Service (IRIS) survey asked 140 households if they’d seen a spike in electricity and gas prices – 66 per cent stated that they had.

In terms of costs, 39 per cent stated their yearly energy bill was between $1000 and $2000, while 11 per cent of respondents said they were forking out as much as $4000 a year.

Yet 55 per cent of respondents said they had not sought to reduce their energy usage or hunt for a better deal.

Still, 75 per cent felt prices would continue to rise.

“It will be interesting to see what cost pressure point will trigger a greater change in household energy consumption, supplier switching and off-grid capacity increases,” IRIS chief executive officer Peter Watts said.

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