Why the heck are they screwing people over BIG time? $700 bill on a 2 bedroom? WHY?
The first step is to work out what is using this much energy. Power meters can be bought for a whole building (~$100) or a power point (~$30). You can get real time values or daily, weekly, monthly totals. Find out how much standby energy you use. Find out how much energy is spent on hot water, fridges, entertainment. The building meter updates every 6 seconds on a indoor portable wireless display unit. Turn on or off any device and see the change in consumption. The meter can show in kWh or dollars per hour.
Check the consumption of heating, cooling and hot water. Check for hot water leaks. They are the largest consumers.
I have a review of meters on my website at
http://www.matthewb.id.au/index.php?view=article&catid=6:energy-efficiency&id=22:electric-energy-meter-review&option=com_content&Itemid=8
Regards
Matthew
http://www.matthewb.id.au/


