Energy news and advice

New data by Mozo finds that almost half (44%) of Aussies are concerned about the increasing price of electricity.

As winter approaches and it starts to get cooler, you’ll notice you use more energy to keep your home warm. The cost of this additional energy can add up and get quite expensive but if you follow the tips by our Mozo experts, you can reduce your usage and save money on your energy bills!

Natural gas is used by many Australians around the home for cooking, heating and preparing water. As a major part of your energy bill, it's important to keep an eye on what might be affecting the bottom line, especially as prices could be creeping up. Conflict in Europe has led to further speculation over the future of gas prices in Australia.In Europe and Asia the disruption to normal supply has meant that the price for natural gas has skyrocketed to record-breaking levels. Gas has become increasingly expensive for both domestic and industrial uses.

The billionaire behind tech company Atlassian and part-owner of the South Sydney Rabbitohs has shocked the nation with the news that he would lead a group in bid to acquire AGL energy.The move occurred in the afternoon of Sunday the 20th of February, with AGL announcing to the world that it had rejected the unsolicited offer, worth approximately $8bn in cash. After initially throwing cold water on the idea, spokesmen for the Energy company have since come out and clarified that the offer was seen as a lowball -  offering nearly no premium on the price of shares.The AGL board determined that: “the Unsolicited Proposal materially undervalues the company on a change of control basis and is not in the best interests of AGL Energy shareholders.”Cannon-Brookes is already invested significantly in green electricity, his portfolio includes stake in a solar farm project in the Northern Territory, and renewables enterprise Genex. His ambitious plan to buy AGL would supposedly see Australia’s largest energy company achieve a net-zero carbon rating by 2030, just under eight years from now.

On the 17th of February, Australian energy company Origin caused a stir by announcing the scheduled closure of the Eraring Coal power Station - AKA: the largest coal power plant in Australia.

At Mozo, our experts do the hard yards of financial analysis to find you the best deals on energy. For our 2021 awards we compared 842 energy plans, and awarded the providers that could offer environmentally sound electricity without breaking the bank.

The month of January has seen a number of Aussie states set records in renewable energy production, while clean power infrastructure in Western Australia continued to dominate the market.

Petrol refiner and retailer Ampol will enter the Australian energy market, eager to tap into its existing customer base of 3 million. Ampol will look to sell both electricity and gas across a number of Australian states and territories and compete against the major retailers.

Renewables continued their rise in Australia’s energy market in 2021, providing almost one-third of the nation’s power needs with Victoria leading the way in solar and wind generation.

Researchers from RMIT University in Melbourne have created a process for heavy industries to capture carbon dioxide gas and convert it back to solid carbon, helping to limit emissions amongst the energy-intensive production processes.