The Price I pay for electricity

Saturday, May 14th, 2011 My PV Solar Stuff 1 Comment

Unlike just about everything else I buy in bulk, the more I buy the cheaper it is per unit, my electricity supplier charges more per unit the more I use. My electricity meter is read quarterly and now the first 333kW hours are at a lower rate than any over that. (Except during off peak periods.)

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My retailer is TRU energy for both my electricity and gas.

Electricity Price Increases
Electricity Prices from October 2006
(Oldest bill I have)
GST Exclusive GST Inclusive
Peak Rates Quarterly First 500kWh 13.6300 c/kWh 14.9930 c/kWh
Balance of kWh 14.3900 c/kWh 15.8290 c/kWh
Quarterly Supply charge $47.94 $52.73
 
Electricity Prices from January 2008
(+15.7% on the 1st 1000kwh, +16.47% on the balance)
GST Exclusive GST Inclusive
Peak Rates Quarterly First 1,000kWh 15.7700 c/kWh 17.3470 c/kWh
Balance of kWh 16.7600 c/kWh 18.4360 c/kWh
Quarterly Supply charge (-11.47%) $42.44 $46.68
 
Electricity Prices from January 2009
(+4.88% on the 1st 1000kwh, +5.01% on the balance)
GST Exclusive GST Inclusive
Peak Rates Quarterly First 1,000kWh 16.5400 c/kWh 18.1940 c/kWh
Balance of kWh 17.6000 c/kWh 19.3600 c/kWh
Quarterly Supply charge (+2.89%) $43.67 $48.04
 
Electricity Prices from January 2010
(+15.6% on both rates)
GST Exclusive GST Inclusive
Peak Rates Quarterly First 1,000kWh 19.1200 c/kWh 21.0320 c/kWh
Balance of kWh 20.3500 c/kWh 22.3850 c/kWh
Quarterly Supply charge (+20%) $52.40 $57.64
 
Electricity Prices from June 2010
(+2.9% on both rates)
GST Exclusive GST Inclusive
Peak Rates Quarterly First 1,000kWh 19.6700 c/kWh 21.6370 c/kWh
Balance of kWh 20.9400 c/kWh 23.0340 c/kWh
Quarterly Supply charge (+2.9%) $53.93 $59.32
 
Electricity Prices from January 2011
(+6% on the 1st 1000kwh, +2% on the balance)
GST Exclusive GST Inclusive
Peak Rates Quarterly First 1,000kWh 20.8500 c/kWh 22.9350 c/kWh
Balance of kWh 21.3600 c/kWh 23.4960 c/kWh
Quarterly Supply charge (+26.9%) $68.44 $75.28
 
Electricity Prices from June 2011
(I’ve gone PFIT Solar so new rates apply)
GST Exclusive GST Inclusive
Peak Rates Quarterly First 333kWh 27.0100 c/kWh 29.7110 c/kWh
Balance of kWh 27.8200 c/kWh 30.6020 c/kWh
Off Peak kWh 10.8400 c/kWh 11.9240 c/kWh
Feed In Tariff 66.00 c/kWh — c/kWh
Quarterly Supply charge (-14.65%) $58.41 $64.23
 
The June 2010 increase of 2.9% looks like a simple CPI increase, all the others look like gouging. 26.9% increase on the supply charge from January 2011?
(* I receive a 3% discount because of the plan I’m on and another 8% if I pay on time (paying by direct debit takes care of that) so knock 11% off the price and it’s my actual cost.)

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1 Comment to The Price I pay for electricity

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  2. Marquis on June 18th, 2014

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