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The current electricity tariff is $34.78 cents/kWh with 9% GST with SP Group. Buying and Locking a fixed rate with Open Electricity Market (OEM) retailers is a better choice,
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Can consider, especially if the OEM fixed rate is lower and you prefer not to worry about tariff going up and down.
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Iโd definitely shop around the OEM retailers first. Some fixed-rate plans may be cheaper than sticking with SP. Just donโt only look at the headline rate, check the contract period and early termination fees too