Our claims

What "estimated lazy tax" means

The lazy tax figure shown on NeverPayMore is an estimate of the gap between what a typical household in your area pays for electricity and what they could pay on the most competitive available plan.

It is based on two sources:

1. AER Annual Retail Market Report 2024–25 — average annual residential electricity bills by distributor region, published by the Australian Energy Regulator.
2. Mountain & Rizio, VEPC Working Paper 1909 (2019) — analysis of 48,088 Victorian electricity bills finding that the typical household leaves approximately $281/year (20% of their bill) on the table. Switchers recovered only ~$45 of that gap. Source: Victoria Energy Policy Centre

What this figure is not

• It is not a personalised recommendation for your specific usage profile
• It is not a comparison of specific retailer plans (that is Phase 1)
• It is not personal financial advice
• It does not model solar export, time-of-use tariffs, controlled load, or EV charging (that is Phase 1)

Beta status and independent review

NeverPayMore is a pre-launch beta. Our savings methodology has not yet been independently reviewed. We will publish any updates following independent review, which is on our roadmap after we exit beta.

Contact

Questions about our methodology? Email admin@neverpaymore.com.au