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Posted: 2016-08-13 08:49:00

Soaring wholesale electricity prices are likely to push up annual bills by $100 or more within two years.

THE Big Energy Switch campaign has now doubled the initial target for support, sparking intense competition to be the winning offer.

The supporter hot spots responsible for the creating that retailer rivalry can also be revealed.

More than 80,000 households have thrown their support behind the Big Energy Switch — a bid to convert collective buying might into group-discounted energy deals.

The original target was 40,000 when News Corp Australia launched the campaign a month ago.

That proved to be an underestimation of the number of people who want relief from soaring prices.

Nancy Hahn is trying to save money on her electricity bill at her Loganlea home by limiting one light per room, switching off all used appliances and signing up to negotiate a group discount. Photo: Claudia Baxter

Nancy Hahn is trying to save money on her electricity bill at her Loganlea home by limiting one light per room, switching off all used appliances and signing up to negotiate a group discount. Photo: Claudia BaxterSource:News Corp Australia

In New South Wales, prices have climbed by 127 per cent or an average price rise of 10 per cent. Many consumers were hit with a double-digit percentage increase from July 1.

In Victoria, prices have risen by 120 per cent, with another likely from January 2017.

In Queensland prices have climbed by 151 per cent including an average increase of four per cent from last month.

In South Australia, prices have risen by 107 per cent. But South Australians endured the steepest rise in the country on July 1. And there are indications it could get much worse.

During the campaign, News Corp Australia revealed Australians were paying energy companies more for electricity than consumers do in any other OECD country.

It has also been revealed soaring wholesale electricity prices are likely to push up annual bills by $100 or more within two years.

One Big Switch’s Joel Gibson says the campaign shows that power companies are prepared to come to the party.

One Big Switch’s Joel Gibson says the campaign shows that power companies are prepared to come to the party.Source:News Corp Australia

Super-strong support for the Switch had led to fierce competition between energy providers, said Joel Gibson, campaign director at One Big Switch, which is running the campaign.

“Power companies cop a lot of flak for high prices but this campaign is showing that some of them are prepared to come to the party if you shop around in big numbers,” Mr Gibson said.

“Negotiations are now being finalised and are subject to confidentiality, but this has been our most competitive process since 250,000 joined in 2012.

“We’ll soon have completed our analysis and we’ll be able to send the winning offers out to campaign registrants in the coming weeks.”

It was not too late to register, Mr Gibson said.

The Central Coast is the centre of support in NSW. Gosford is the no. 1 location for sign-ups, followed by The Entrance and Wyong.

Locations in Melbourne’s east and west lead the supporter count. No. 1 is Cranbourne followed by Hoppers Crossing and Werribee. Glen Waverley is fourth. Grovedale in Geelong is fifth.

All of the top sign-up spots in Queensland are outside of Brisbane. Caloundra has proven the greatest source of support, followed by Toowoomba, Bundaberg and Buderim.

The leading sources of registrants in SA are, in descending order: Aberfoyle Park, Morphett Vale, Blakeview, Hallett Cove and Salisbury.

Go to www.onebigswitch.com.au for more information.

There is no obligation to take up any offer. News Corp Australia and One Big Switch will earn a commission from any accepted deals. News Corp is a shareholder of One Big Switch.

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