Updated to 15 May 2004

The line charge figures contained in this Schedule represent the total (fixed and variable) cost of electricity transmission and distribution for an average domestic consumer (8,000 kilowatt hours (kWh) per annum) in cents per kWh (c/kWh). The figures include Goods and Services Tax (GST), and any Prompt Payment Discounts (PPDs) offered by the line company.

The retail figures contained in this Schedule represent the total cost of electricity to an average domestic consumer in c/kWh. The figures include the "line charge" component, GST and PPD's offered by the retailer, so represent the final cost to an average consumer that pays on time.

For example (figures given inclusive of GST), a Retailer may charge a consumer 55 cents/day and 13.54 c/kWh of electricity consumed. This would cost an average (8,000 kWh/annum) customer $1284 per annum, or 16.05 c/kWh (i.e. 1284/8000 = 16.05). If the Retailer offered a 10% PPD, the final cost to the consumer would be 14.44 c/kWh. Line charges are calculated in a similar manner.

For more detail and other important information about this Schedule, refer to Notes to Price Schedule.