Millions of Australians miss out on saving hundreds of dollars by not switching energy deals, ACCC says

Electricity prices fall an average of 4% over 12 months - but almost half of customers miss out by sticking with their old plan

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Millions of households could save more than $300 on their yearly energy bills on average just by swapping to better deals on the market, the consumer watchdog has found.

Falling electricity prices over the 12 months to August saw nearly 5m households and businesses on flat rate plans receiving a 4% cut on average, according to the Australian Competition and Consumer Commission.

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