Quarterly Survey of Domestic Electricity Prices: Updated to 15 August 2009
[ Last Updated 6 October 2008 ]
Short Description
Residential electricty prices for an 8000 kWh per annum consumer.
Residential electricty prices for an 8000 kWh per annum consumer.
The line charge figures represent the total (fixed and variable) cost of electricity transmission and distribution for a residential consumer using 8,000 kilowatt hours (kWh) per annum in cents per kWh (c/kWh).
The retail figures represent the total cost of electricity to a residential consumer using 8000 kWh per annum in c/kWh. The figures include the "line charge" component.
GST and Prompt Payment Discounts are included in all published pirces. Electronic payment, direct debit, or fixed term contract discounts are not included.
For example (figures given inclusive of GST), a Retailer may charge a consumer 100 cents/day and 20c/kWh of electricity consumed. This would cost an 8,000 kWh per annum customer $1965 per annum, or 24.6 c/kWh (i.e. 1965/8000*100 = 24.6). If the Retailer offered a 10% PPD, the final cost to the consumer would be 22.1 c/kWh. Line charges are calculated in a similar manner.
For more detail and other important information about this survey, refer to Notes to Quarterly Survey.
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