Just changed power company due to rate rises on 1 at august. If you sign up with Ovo your rates are locked in for a year. Worth it if you have an EV
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And even if you don't have an EV might be worth clicking YES I do, for solar people as midnight to 6am is only 8c/kWh
You need to send them proof of ownership for the EV, which they do check. You also shouldn't be signing up for this without an EV ownership, or you will spoil it for everyone that does, and they will likely pull it if it gets abused.
You also need a smart meter for the ev. Meaning the discounted ev rates will only apply to that one power outlet charging the ev
Interesting..
I had to provide my VIN, so unless you have access to an EV VIN, this wont work.
Correct. Those above disagreeing are clearly not on this plan and are stating incorrect facts. Ignore them.
I only needed to provide my rego. No need vin.
Hmmmm YMVV ….
OVO
Peak $0.40, off-peak $0.22, supply $0.99, EV charge $0.08, FIT $0.10
AGL
after Aug my peak is $0.29, off-peak $0.19, supply $0.77, FIT $0.049
Amber has significantly lower rates than all of these and even with the monthly fee, out works out to negate offset on daily supply charge
I m not sure how do you get such price with AGL. For me min is 34c peak, 0.19$ off-peak and supply 0.88$
Is AGL fix for a year?
Damn you guys.
Sitting on 180 supply charge here with worse usage rates.
SA I gather
Selling the SA grid to a Chinese investor …could only be positive for the state..
Now that human is the CEO of the Adelaide Football club ..and still making great decisions…
Perth here, state owned utilities. They’ve put $1400 into my electricity account the past couple of years.
But we only get 2.5c/kwh feed in tariff :(
Still not complaining
@Drakesy: Yeah feed in is so bad we need batteries. That’s going to be a problem for them when they’re mass affordable. All that free solar power will go to our batteries.
Off topic, how is Amber doing these days? I've used it for a while before it went cray with the surge pricings.
following, I would be interested to know aswell
I moved off amber in April due to consistently high rates during what I thought should be cheap time - high renewables but rates higher than Victorian default offer. Moved to power shop EV plan.
Amber might be cheaper in the summer months.
What super off peak rates do you get with Powershop EV plan?
@bargainator9: 11.72c between 12am and 4am:
https://www.powershop.com.au/electric-vehicle-tariff/electri…
@bargainator9: In vic,
9c midnight to 4am
19c 4am to 3pm
31c 3pm to midnight
I find the 4 hour block sufficient to recharge the EV for daily driving.
@bargainator9: I was with powershop EV plan with 7c super offpeak (sorry flex) until i lucked out and managed to get onto the Origin EV plan with free power everyday 10am-3pm (sorry flex again)
But Amber the FIT over summer was nothing I got 0c for 3 months, so I still paid for electricity with other providers FIT of 10c means no bills what so ever for 9 months of the year.
Saved about a 1000 bucks a year moving off amber after being with them for 12 months. Would only recommend if you have a battery or ev, and have the ability to output power back to the grid on demand.
@811b11e8: Thanks for the insight on amber. I have been emailing them given the current CBA offer. I think I'll switch to ovo instead and know the fixed rates and a FIT of 7c. All Amber could offer was on average the usage is 24c but will fluctuate throughout the day.
Would help if you mentioned your location and supplier. I was with AGL for years (on a very good rate I might add) and copped an increase in Feb (I grumbled a bit and accepted it), then another in June which was simply obscene. So I moved to Red Energy. Although this Ovo deal is pretty tempting.
For comparison, these are all inc gst (Sydney, Endeavor Energy)
AGL Pre Feb
Daily Charge $0.892
CL1 Daily $0.065
General $0.24
CL1 $0.10
AGL Post Feb
$0.9770
$0.0700
$0.2946
$0.1960
AGL Post July
$1.0799
$0.0792
$0.3953
$0.2994
Red Energy Post July fixed to Jan 2024
$1.2100
$0.0000
$0.2816
$0.2090
AGL went from 24c —> 39c (peak) from Jan to Jul and 10c to 29c for off-peak for the same period!!
AGL went from 24c —> 39c (peak) from Jan to Jul and 10c to 29c for off-peak for the same period!!
But they said renewables would make electricity cheaper. Oh man, are you telling me we were lied to?
It's gas driving the huge increases. Last I heard, gas isn't a renewable. Also we can shout out privatising essential services and poor performance from state and federal governments. All up, everything's really gone well for the public.
It's gas driving the huge increases.
Of course! It's the Gas!
Could you explain to me how the price of natural gas being the same now as 10 years ago have caused electricity prices to jump roughly 50% in the same time period?
@1st-Amendment: Can you explain how the price of natural gas is the same as 10 years ago?
https://www.aer.gov.au/wholesale-markets/wholesale-statistic…
This doesn't account for gas producers circumventing the price cap that was introduced 6 months ago as well.
Can you explain how the price of natural gas is the same as 10 years ago?
Sure, the trading price of gas is the same price now (roughly) as it was in 2013… let me know which part of that you don't understand.
The graph you linked to is a yearly average which is skewed by the recent price spike, but it has dropped in the last few months back to more 'normal' pricing, yet electricity prices aren't dropping with it. This would tell us that it's not the gas.
I can't find an Australian source with daily pricing but gas is a globally traded commodity, so this should give you an idea of the pricing trend: https://www.indexmundi.com/commodities/?commodity=natural-ga…
So if gas prices are dropping, and electricity prices are supposed to be caused by gas, why aren't we seeing electricity drop with it?
And how does gas price affect electricity if renewables don't rely on fossil fuel? Could you explain this theory in more detail?
Lastly, electricity prices started jumping much higher than inflation in about 2009 (https://atlasfunds.com.au/politics-and-rising-energy-prices/) right at the time that the renewable craze kicked in and has continued consistently since. The recent gas price spike only occurred since Ukraine, well after the electricity prices were out of control.
It's clear that renewable energy policy is driving energy prices up, everyone knows it except the ABC and the Guardian…
@1st-Amendment: No it's not clear, all you are spreading is FUD and conjecture. Driven by anti-climate change Sky News no doubt.
Your "everyone" appears to be just your little echo chamber around you.
Renewables are putting coal-fired power stations out of business, leading to less energy being generated in the system. Less energy available means that prices go up - simply laws of supply and demand. The problem is not with renewables, but it is in fact because there wasn't enough built in time to take over from the retiring coal power stations. More renewables will continue driving the prices down.
Also, whenever prices go up for anything, do you ever see them coming down again? Of course the power companies are taking the opportunity to make profits while consumers are already used to the prices being high, even if their costs come down slightly. They aren't under any obligation to pass on savings if they can get away with it.
It doesn't take a genius to understand that renewables generate electricity at $0 cost, which will ALWAYS beat coal or gas because they have to pay for fuel. Gas is more able to survive than coal plants because they are able to fire up quickly to take advantage of higher prices, while they turn off when it becomes un-economical for them to produce electricity when prices are low.
I don't take capital costs into account because those are all sunk costs - and anyway renewables are cheaper than equivalent power stations to build, even taking into account the batteries needed to store the excess generation.
You can't beat FREE! Well, unless they PAY you to use energy.
Driven by anti-climate change Sky News no doubt.
Don't you find it funny that whenever the narrative is questioned, it's same old 'sKy NeWs' excuse?
just your little echo chamber around you.
You are the one parroting the same 'sKy NeWs' routine… do you have any original thoughts or do you just repeat the chants of the cult?
Renewables are putting coal-fired power stations out of business, leading to less energy being generated in the system. Less energy available means that prices go up - simply laws of supply and demand.
I agree 100%. So do you see the problem here?
The problem is not with renewables, but it is in fact because there wasn't enough built in time to take over from the retiring coal power stations.
Also agree.
So it sounds like we actually agree that the 'energy policy' of rushing in a less reliable and lower capacity solution and closing the existing ones is the cause of rising prices, not gas as claimed?
So when I said "It's clear that renewable energy policy is driving energy prices up" you actually agree with me, but you still want to argue?
More renewables will continue driving the prices down.
How exactly? Show you working.
How much does a kWh of solar energy cost at night time? How much does a kWh of wind energy cost when the wind stops blowing?
It doesn't take a genius to understand that renewables generate electricity at $0 cost,
I don't take capital costs into account because…
Lol… you take out all the costs then claim it doesn't cost anything? This is the exact magical economics that gives the Labor party the reputation they have…
renewables are cheaper than equivalent power stations to build, even taking into account the batteries needed to store the excess generation.
Show your maths.
Solar and wind CAN be cheaper when the sun shines or the wind blows, but the problem is that they don't always do this, so what do you do then? You pay more, that's what.
So renewables don't automatically make electricity cheaper. A bad renewables policy can makes things much much more expensive, as we are all finding out the hard way.
@1st-Amendment: You are 100% correct. It was the atrocious negligence of the last government kicking the can down the road and failing to support the grid transition that needed to be started 10-15 years ago.
It was well telegraphed ahead of time that owners of existing coal fired generators would retire the assets due to it being not economically smart to invest additional capital to maintain the plants. Coal generators in the last decade have only been cheaper sources of energy, when you exclude the capital costs required into the future.
Instead of incentivising new renewables, new grid infrastructure and storage capacity (you know that part you forgot about. And no, not just batteries, pumped hydro, molten salt, and all those other types of storage your mob conveniently seem to know 0% about) - they pushed back the costs that needed to be factored in over the last 10 years and now it's time to pay the piper unfortunately.
your mob conveniently seem to know 0% about
Which mob is this specifically? the 'sKy NeWs!!!' boogie man again?
iT's A wItCh! iT's A wItCh!
If you have the actual figures to support your claim I'd be more than happy to see them, but 'your mob' never seem to be able to produce any when asked, you entire ideology is built on wishful thinking and invisible demons…
This is the exact magical economics that gives the Labor party the reputation they have…
Just to be clear, we're talking about the Labor party who have a reputation so high right now that they hold both the federal government and also every single state and territory except for Tasmania ?
That reputation they have ?
who have a reputation so high right now
If sheep could vote, they'd vote for the the guy who feeds them, even though it's the same guy who will later slaughter them.
But logic was never a strong suit of the left…
Is the AGL figure from last year? this year they increase the rate by around 45% Mine was 29c before July and now its 32c.
Your rate is too high, I'm currently on the EV plan AGL.
Flat rate: $0.232
Supply charge: $0.78
FIT: 5c
What state?
I just signed up OVO a few days ago, where does it say the rate will be locked for 1 year?
I signed up a couple of months ago and didn't see that. Maybe it's just for the ev plan
I signed up the EV plan, can't find it
Under the one plan, there is a link to the Victorian energy fact sheet for that plan. It says under contract details that “prices are fixed” and “it will expire 1 august 24”
I am from NSW, the fact sheet says "Plan prices are not fixed" lol
Oh lol mystery solved
I'm in NSW, also on this plan. I joined after beginning July and they've told me that rates are scheduled to change in NSW closer to September but as I only recently signed up, I will be exempt.
However, rates are variable so if any changes were to change past then then they will apply.
For non-EV owners, it might be worth looking at the normal and solar plan when doing a compairson. I recently got solar and am looking for the best deal around, and the solar plan looks pretty good on paper with it's high FIT, but the daily charge and electricity charge are both higher on the solar plan compared to the normal plan. I plugged in some numbers of estimated usage for me and found that despite the higher FIT, the normal plan is actually cheaper for me because of the lower daily and electricity charges.
It's obviously not going to be the same for everyone, but I've been making a simple spreadsheet to track everyone's pricing and costs and whatnot, and Ovo is the only one so far where a dedicated 'solar' plan ends up being more expensive than a normal plan
That's it, glad you worked it out :-) It is all click bait and you gotta do your homework!
Indeed - admittedly there are cases when the solar plan is cheaper than the normal plan, but not for my use case. Doing your own homework is always advised rather than just clicking on the solar plan because the FIT is better!
Im in the same boat with panels ect and did exactly what you did above (putting into all into a spreadsheet) and found Red Energy Qantas Red Saver plan was better than their solar plan they provide. OVO's plans came close but I had a few friends that said customer service was terrible. So i'm churning from Powershop to Red
Rates i'm churning to for my area:
0.97 Supply
0.27 kWh anytime
0.07 FIT
Bonus 10k Qantas points as well
.7 FIT is terrible
.7 FIT would be fantastic.
.07 maybe not
@RockyRaccoon: oh yea
FIT charges are laughable in Australia now sadly
if batteries werent so expansive i wouldn't even bother
@botchie: Depends where you are I guess. I'm in tassie and my FIT is 0.1388 while my off-peak is 0.14, so only a 0.012 difference
Of course being this far south, it does sweet FA in winter. Summer's crazy though.
@Hurg: Who are you with for the 0.1388? (best I've seen is 1st energy at about 12c, which becomes unexciting compared to Aurora when combined with the rest of their rates)
@EthicsGradient: Yeah, it's first energy. Got on them about 3 years ago when they were offering a 5c bonus on FiT. I haven't done a complete breakdown of all the charges, so they could be worse than Aurora, but at the time they were the one offering the bonus so I went with them.
Depends.
If the FIT is 10c (3c more) but your daily supply charge is 30c more, you need to export 10kwh just to match the daily supply charge difference before you earn a cent.
Wow, I looked up that Qantas Red Saver plan as I'd be interested int he Qantas points and for my area it is absolutely awful compared to OVO
113.23 Supply
32.03 kWh anytime
0.055 FIT
vs
107.25 Supply
21.89 kWh anytime
0.07 FIT
Best to shop around. It’s network dependent too. Not one size fits all.
Is normal the 'The One Plan'?
Sorry, I should have mentioned - this was for the "Basic Plan" vs the "Basic Solar Plan" (post-paid options), and the Basic Plan was cheaper than the solar one. I missed the pre-paid options before, so thanks for letting me know about The One Plan so I could look into it.
I just had a look at the pre-paid options, and the two options are "The One Plan" and "Solar Plan". I just plugged them into my calculator. In this particular case the Solar Plan still has higher fees compared to The One Plan for everything (higher electric rate, higher CL2 rate and higher supply charge). That said, with my particular usage, The Solar Plan is actually cheaper than The One Plan. It's not much, but if anything changes in my circumstances (for example, a period with less sun, or more usage in night time for example), then The One Plan might end up being cheaper.
Still worth checking with your usage if you can just to make sure you get the right plan
So I can't edit my previous comment but I realised I forgot to include things like the controlled load tariff (C2 tariff) and a couple of other things - I added them to my spreadsheet and found that The One Plan is cheaper than the Solar Plan, unlike what my previous comment suggested before. The difference before was so small that the different in C2 tariff was enough to put the Solar Plan into the more expensive range :(
Once I added the C2 tariff, the solar plans from OVO are just flat out more expensive than the non-solar plans
You should have a look at powershop. I think they're giving me 12 or 13c per kwh FiT. The other rates went up a bit recently though. I think there are some referral codes floating around too.
I looked them up - I'm in QLD and they don't seem to be that big here yet. They don't offer any of the good plans I've heard about here. The only plan they're offering is 5c/kWh for FIT, and pretty high other rates too. Maybe down the line when they come here they'll have better options available
Do you mind sharing your findings?
I'm still in the middle of looking through all the providers to see what everyone offers. There's definitely a lot of providers and what each offers, but it depends on so many factors - how much you're generating with solar (if you have), how much you're using during the day, how much you're exporting, how much you use during the night, whether you have battery and a bunch of other things like where you live and how much you're being charged for electricity for each of the different types of things (daily charge, FIT, electricity charge etc).
Unfortunately there's too many factors for me to just say "provider XYZ is globally the best" because there's too many inputs. I also don't really know if there's an easy way to share my spreadsheet since I'm not sure how well it'll run to other people's computers?
0.08c off peak
That's the cheapest rate in living history.
Not the full off peak hours though just 12am-6am but yeah still great
actually simply energy has a 0.06 rate for EV charging… but i think the standard rate and daily rate are higher…
They only have a 0.06 discount, not a 0.06 rate
I nearly made that mistake with SimplyEnergie too. Ovo offer with 8c/kwh charging still the best I've found.
I think everyone else missed the joke.
$0.08 != 0.08c
Basically free power…
I think everyone else missed the joke.
I think you don't understand what the word 'everyone' means…
Lotta OzBers not picking up what you’re throwing down…
I thought it was Monday morning and everyone was a bit slow but alas it's Tuesday morning and everybody is a bit slow.
R/c cars count as ev?
Your ice car cannot run without a 12v battery so i guess you can use that argument if your R/C cars are not eligible.
EVs cannot run without a 12v battery either so ….charge up
How would they differentiate between a normal usage and ev usage.
I can easily consume 20kw/hr
Ev charging + ducted aircons
They don’t differentiate. Any power at that time is 0.08.
I don't think they do. I'm planning to switch to them and run the washing, dryer and dishwasher after midnight.
I like the idea! But they might monitor your 00:00-06:00 usage and if its using more power than typical EV charging, they might contact you.
Apparently they check for EV ownership
@bleemo: Yep and they also said extra 2.7k extra energy per year or something. I think thats fine for EV owner, I was just wondering if they have "limit" of this during this hours.
I saw they used to have an EV plan where they were offering 5c over night but they checked your odometer for km traveled and would adjust the price according to their started kWh/km rates.
Don't think that is applied to this plan.
My question, though, is does it include plug-in hybrids in the definition of EV (they don't define it in their terms)
@Heybargain: Ah, thank you. Very interesting. I've just switched to lumo buy still waiting then to switch due to cooling off period apparently. I see ovo is also running a competition to win a Tesla if you sign up
edit: For non-EV
I signed up 8 days ago, SA:
Electricity unit rates
Peak:
36.13c/kWh inc. GST
Off-peak:
26.40c/kWh inc. GST
Solar Sponge rate:
22.16c/kWh inc. GST
Solar feed-in tariff:
7c/kWh excl. GST * if applicable
Supply charge:
131.45c/day inc. GST
Solar feed-in tariff (¢/kWh):
Solar export
7
Dang you guys in SA getting shafted on energy!
VIC SouthEast per The One Standard Plan
Supply charges
99.00 ¢/day
Flat
All consumption
21.78 ¢/kWh
Current FIT policy
1 January - 31 December
All export
7.00 ¢/kWh
Premium FIT [closed]
1 January - 31 December
All export
60.00 ¢/kWh
they are but give it a year or two and we will pay this price
they are but give it a year or two and we will pay this price
And what do you think the price will be in SA in a year or two?
@Cheapskate Paul: it will be what they wanted it to be - if your gonna be green and have no clue what your doing then they deserve double this price
@Cheapskate Paul: Exactly. It's us in SA with the most renewables that have paid the highest prices for at least the last 10 years.
It's worth to mention that solar export is $0.10 which is one of the best on the market.