How Raiz and Econnex are helping Australians tackle energy costs - Raiz Invest

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As the cost of living continues to rise, even small changes to your household budget can have a big impact. One of the simplest changes? Reviewing your energy, gas or internet plans to ensure you’re getting the better value.  

To make this easier, Raiz has partnered with Econnex, a comparison platform that helps you compare from its panel of retailers quickly and confidently. All you have to do is; enter Raiz Rewards and use ‘Raiz Energy’ to start comparing! 

What this means for you

The Econnex tool link is now available, giving you the power to: 

  • Compare a range of energy and internet plans from well-known providers  
  • See upfront details like pricing, contract terms and discounts  
  • Apply the switch online in just a few taps  

There’s no cost to compare, and switching doesn’t interrupt your service. You’ll simply begin receiving bills from your new provider once the transfer is finalised.  

Why this matters now

Energy prices and household bills are rising due to a mix of global and local market changes. While you can’t control these increases, you can control how much you pay by making more informed decisions.  

Why it pays to compare regularly

Many Australians stay on the same plan for years, and often without realising there’s better value available. Whether you’ve moved house, shifted to working from home, or your usage has changed, it’s worth checking in.  

By comparing, you can:  

  • See if you’re getting a fair deal  
  • Discover plans better suited to your lifestyle  
  • Make smarter decisions for your household finances  

Even if you don’t switch straight away, knowing your options helps you stay in control.  

It’s easier than you think

There’s a common belief that switching providers is time-consuming or complicated. Econnex takes care of the heavy lifting.  

Here’s how it works:  

  1. Enter your postcode 
  2. Compare available plans side-by-side  
  3. If you find a better fit, you can apply in minutes  
  4. Enter your basic details 

Your power and internet stay connected throughout. No disruptions, no hidden costs.  

A smart habit that supports your long-term goals

At Raiz, we believe financial wellbeing is about building positive habits, investing your spare change, setting up recurring deposits, and staying proactive with your spending.  

Now, comparing your energy and internet plans can be part of that routine.  

Check in once or twice a year, and you could be putting more money back in your pocket.  

Start comparing in the Raiz app today!


Important Information  

Issued by Raiz Invest Australia Limited (ABN 26 604 402 815) (Corporate Authorised Representative of Instreet Investment Limited ABN 44 128 813 016, AFSL 434776) (Raiz). This blogpost is published by Raiz on behalf of participating Raiz Rewards partner brands. The information provided is general in nature and does not constitute financial advice or a recommendation by Raiz or its related entities. If you have a Raiz Super Account, please note Raiz Rewards may be considered as personal contributions. Personal contributions can have tax implications and may be subject to contribution caps. Consider your own overall financial situation and any potential tax effects. *Terms and conditions apply to all Raiz Rewards offers.