Founded 2007 | Website switchwise.com.au Parent organization Computershare | |
Industry Price comparison service | ||
Switchwise.com.au is an electricity and gas price comparison service website for Australian consumers. The site enables consumers to compare electricity and gas prices offered by 25 Australian energy suppliers. Consumers can switch their home energy supplier to a cheaper provider by completing an online application. People moving home can also arrange for cheaper electricity and gas connections through the site.
Access to the site is free to consumers. The company earns revenue by charging a commission to the supplier to which a customer chooses to switch or connect via the Switchwise website. The company also earns revenue from advertising across the site.
History
Switchwise.com.au was established by Shaun Johnson in 2007 and the site was launched to the public in September 2008. The company is funded by Netus, an Australian technology investment group, which in turn is majority owned by News Limited. Switchwise has also partnered with Serviceworks Management, a provider of services to the energy industry.