Friday, Jun 27, 2008 at 07:35
This works in Victoria, not sure about other states.
.
Firstly I must say that I don't work for any of these guys, and they don't promote it that heavily so I think it is an arbitrage in their system.
Step 1 Use Victoria Energy for you gas and electricity. They are one of 1000000000 retailers in Victoria. ( thanks for that Jeff Kennett - not)
If you pay on time you get a 7% discount ( yes they are about the same as everyone else if you pay late)
Step 2 Get their free Eco card - range of usual crap discounts like movies, bla bla PLUS 5% discount on the Woolworths/Dick Smith/Woolies
Caltex gift cards. ie a $100 gift card is $95
Step 3 Buy a bunch of gift cards from Victoria energy online
Step 4
Shop as usual at Safeway / Woolworths and pay with gift card. ie 5% off your shopping. Don't forget to get your shoper docket.
Step 5 go fill up at the Safeway when it is competitive, present your 4c docket and then pay with another gift card.
So compared to doing nothing I reckon you save
Say 1 month
On$200 of electricity and gas = $14
On$600 of groceries = $30
On $600 of fuel ( 400l) = $16 + $30 = $46
There you go.
$90.00 per month or $1080 per year.
You can even save more by shopping at Dick Smith (
shop around and get them to price match first), etc.
Catches?
1)you gotta
sign up for 2 years ( unless you find a cheaper power plan)
2)they may change the rules
3)you gotta pay your bills on time
4)they are monthly insead of 2 or 3 months with most companies.
5)some
Caltex / woolies service stations don't take the gift card.
This works for me so hopefully it will help others, please no advice on shopping at
mobil / BP /
IGA /
United etc as the 4cpl thing is a rip off. I know that, and only use this for food and fuel when it is the best option. Victoria Energy was as good as any other electricity offer I have seen anyway and I used it before they brought out this system.
AnswerID:
312474