In the last year or so we’ve been approached in person, via phone calls and via snail mail many times by Energy Australia (EA) representatives, and they’re all pushing the same pitch. If we sign a contract saying we’ll only use them exclusively for the next 3 year for electricity and gas, we’ll save up to a whopping $120 (over the next 3 years, if we use both electricity and gas).

My initial thought was that some competitors were about to enter our local market and we’d be seeing some competitive benefits soon. It’s probably been a year now and I’ve yet to see or hear from any such competition. We’ve never been approached in any way, by any other energy provider, and yet EA keeps pushing the 3 year lockin deal. Just today we saw a full size truck driving along carrying nothing other than a huge sign for the lockin deal.

What gives?

UPDATE (20070404): Apparently their latest tactic is to doorknock offering 1 month free if you lockin with them for 2 years.