With fuel prices recently hitting record highs, it’s a particularly important time for consumers to have the information they need to save money at the bowser.
That’s where our free FuelWatch service can help, with a revamped website containing interactive mapping features that makes it quick and easy for WA motorists to compare prices to find the best deal.
The savings can be significant in regional WA, particularly when travelling.
Fuel prices do vary between regional areas, as well as within towns.
It is worthwhile spending just 30 seconds on the website before you fill up to find the cheapest fuel in your area and on your travels.
More than 80 per cent of regional service stations are covered by FuelWatch.
By law, these service stations are required to notify FuelWatch of their following day’s prices by 2pm each day and must lock-in these prices for 24 hours from 6am, meaning WA motorists are free from the frustrating intra-day price fluctuations that those in other Australian States still experience.
In turn, this price transparency and certainty helps to put downward competitive pressure on prices.
Motorists should know they can put further pressure on fuel retailers by using the price information to buy from the cheaper retailers.
The FuelWatch team also works behind the scenes to ensure fuel retailers comply with their legal obligations, and responds to complaints and reports of non-compliance, which can result in fines or even prosecution.
It is important to realise that neither the State nor Federal governments control fuel prices, which fluctuate for a number of reasons, including changes to international benchmark prices, the value of the Australian dollar to the US dollar, local competition and the daily pricing decisions of wholesalers and retailers.
International fuel prices have continued to increase recently due to a number of factors, including rising demand following the relaxation of COVID-19 restrictions.
Check out the new website any time at: www.fuelwatch.wa.gov.au.