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Amber in the media
1 February 2024, Melbourne: Amber has finalised its oversubscribed Series C round, closing with $29m to scale the business in Australia and focus on the international expansion of their battery and EV automation technology.
Victorians struggling with surging power costs are being urged to make a simple change to slash their bills. It's as simple as shifting to a wholesale power company - and altering a household habit.
Data obtained exclusively by Yahoo Finance from Victorian Powerpal users has determined that seven out of 10 Victorians could reduce their energy bills by switching from a traditional electricity supplier to a wholesale one.
After comparing his family’s options, Dan decided to switch to wholesale electricity provider Amber Electric, which allows customers to access the real-time wholesale price of electricity, rather than a flat price.
For eligible customers, the energy retailer is waiving its membership fee for the first six months, earning customers a total saving of $114 on their electricity bills.
As Australians stare down a potential surge in electricity prices this year, many have found a way to fight back against rising power bills. From feed-in tariffs and rebates, going green could be the answer to long term savings.
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