Switching electricity plans sucks – and the startup making it easy

It’s estimated Australians are spending $4 billion more each year on electricity than we need to, simply because we’re not on the best energy plan available to us. But very few of us switch retailers because the process is too tedious and opaque. Frustrated by his own painful experience trying to switch electricity retailers, Matt Peterson has turned his ordeal into a startup business that could help us all save hundreds if not thousands of dollars. Automised Energy is an automated platform that helps Australians cut through the energy comparison chaos using our own data, and newly available legislation, the Consumer Data Right. Unlike many comparison services, Automised Energy isn’t tied to any retailer, which means their recommendations are driven by what's best for us, not a commission.