Switchwise

Last updated

Switchwise Pty Ltd
Company type Private
Industry Price comparison service
Founded2007
Defunct3 June 2019 (2019-06-03)
Headquarters,
Website switchwise.com.au

Switchwise.com.au was an electricity and gas price comparison service website for Australian consumers. The site enabled consumers to compare electricity and gas prices offered by 25 Australian energy suppliers. Consumers could switch their home energy supplier to a cheaper provider by completing an online application. People moving their homes could also arrange for cheaper electricity and gas connections through the site.

Contents

Access to the site was free to consumers. The company earned revenue by charging a commission to the supplier to which a customer chooses to switch or connect via the Switchwise website. The company also earned revenue from advertising across the site.

As of June 2019, the company's website indicated it was no longer operational. No reason was given.

History

Switchwise.com.au was established by Shaun Johnson in 2007 and the site was launched to the public in September 2008. [1] [ better source needed ] The company was funded by Netus, an Australian technology investment group, which in turn was majority owned by News Limited. [2] Switchwise also partnered with Serviceworks Management, a provider of services to the energy industry.

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References

  1. "Stingy Sydney | Ways to save money in Sydney". www.stingysydney.com.au. Retrieved 23 January 2023.
  2. "Fairfax snares netus for undisclosed sum". The Sydney Morning Herald. 21 December 2012. Retrieved 23 January 2023.