Energy Rates Increment. What Rates and Discount You Are Getting?

Heya ppl.

I just got a increment notice from Energy Australia yesterday that my energy rates* are going up
Daily supply charge
Old 0.94. cents
New $ 1.02 cents

per kW rate
old Peak usage 0.30 cents
new Peak usage 0.36 cents

Discounts lowered from 25% to 8%.

*Pricing/rates is based in SYD

What are you guys getting/paying?

Comments

  • +1

    Stay with them for longer, they might recognise your loyalty and give you bigger discounts!!

    • +4

      said no company ever

  • Utility rates are like car insurance and vary depending on geography.

    Wattever.com.au is a really good comparison site.

  • Daily charge: 93c
    Usage charge: 24c/kWh

    In vic with energy locals.

  • SA AGL
    12% pay on time discount (based on non GST of useage only, no discount on supply). it's no longer offered as they have been governed out. i've looked once a year and there is no benefit in other AGL plans. We're with AGL until at least December this year due to subsidised Tesla powerwall program, but we were already with them prior due to rates anyway.

    peak 42.8 c/kW
    offpeak 29.84 c/kW
    shoulder 24.07 c/kW
    HWS 21.96 c/kW
    supply 88.19 c/day
    GST added to all those before feed in subtracted
    feed in 5 c/kW
    wow - 90days bill just ended 13feb the hot water was more than 50%, time to recalculate if heat pump is worth it again

    bill summary copy and paste
    Usage and supply charges Units Price Amount
    Controlled Load 766.214kWh $0.2196 $168.26
    Peak 76.766kWh $0.428 $32.86
    Off peak 47.794kWh $0.2994 $14.31
    Shoulder 13.872kWh $0.2407 $3.34
    Supply charge 90 days $0.8819 $79.37
    Total charges + $298.14
    Credits
    Standard Feed-in Tariff* 1069.752kWh $0.05 $53.49cr
    Total credits - $53.49cr
    Total new charges and credits = $244.65
    Total GST + $29.81
    Total due = $274.46
    (includes GST)
    Discounted amount if paid by due date = $245.58
    (includes $26.25 Pay on Time Discount)
    (includes $2.63 GST credit)
    *Item is not subject to GST. All other items are subject to GST.

    • wow - 90days bill just ended 13feb the hot water was more than 50%, time to recalculate if heat pump is worth it again

      I’d have thought it would been more efficient to have put the HWS on a timer to use the solar during the day rather than pulling energy from the grid especially if it’s costing you $0.2196 compared to exporting it for $0.05?

      Or can even get one of those fancy systems which divert what spare energy you have during the day when it’s required to heat the HWS. I don’t see the point of importing power for an electric HWS when you’ve got solar already or spending the money to replace it with a relatively expensive heat pump HW to save on some power usage when you’ve got the power there.

      • swings and roundabouts.
        solar installed in 2012 when the feed in was 16c and the HWS 'controlled load' was 11c.
        battery installed in 2018 when feed in still 16, but HWS had risen to 22
        in cloudy winter conditions it is hard to put charge in the battery let alone export to grid. looking at 'winter' bill from last year - exported an average of less than 0.5kWh per day meaning we are already using all the power generated by the solar plus needing to heat the water. winter HWS used average of 11.8kWh per day so we are paying for all that at the lower rate.
        summer average HWS of 8.5kWh/day based on the last bill. We normally drain the battery down to 35-50% if not using AC overnight. This means that we've only got around 3kWh 'buffer' before we hit our bottom drain limit of 25%. we have it set at 25% because our primary reason for a battery is to have power in a blackout which had become prevalent in the 12 months before install. We are on 100% tank water so a blackout means no running water, toilet gets one flush etc. If we powered our HWS with solar, the battery may/may not get fully charged dependant on the weather.
        On top of all that, AGL have rejigged so that they can heat our water during the day based on grid conditions i.e. excess solar from all grid rooftop can be diverted to heat our water at the 5c rate for a total 3? hour window per 24 hours

        the reason we have not already installed heat pump was because the numbers didn't add up and they still may not?
        I will however look for the "fancy systems which divert what spare energy you have during the day when it’s required to heat the HWS" as that might be cost effective.

        I'm also mindful of the manufacture date of the HWS is Apr 2006 (don't know when installed though) so we may need to replace anyway in the near future
        .

  • Electricity Charges as at 01 January 2023
    24.497 c/kWh - Peak Anytime
    112.398c - Daily Supply Charge

    Origin Embedded so I don't have a choice.

  • wholesale rates are actually dropping, so try moving to another provider. Energy Australia will probably call you up with better rates to try to retain you.

  • Total Anytime 16.799 c/kwh
    Service to Property Charge 96.800 c/day

    Lumo energy

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