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Old 02-05-2012, 09:59 AM
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multiweb (Marc)
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multiweb is offline
 
Join Date: Oct 2007
Location: Sydney
Posts: 22,080
Off Peak Electricity Rates

I have been looking at my power consumption for a few months now and bottomed up on what I can live with given I work from home. Looks like 19kWh to 21kWh is the ball park.

My supplier is EnergyAustralia, distributor being Integral Energy who's parent company is Origin.

I've been on a single energy rate for the past 15yrs or so no off peak rates for me. I'm enquiring about changing three meters to new ones.

The current rate is 21.85c/kW for the first 1750kW then 24.19c over which is not bad at all if you compare rates around but the offpeak rates are as low as 7.28c/kW. When I rang various places they keep telling me the offpeak are for hotwater systems.

Does this mean they would only apply to people running an electric water tank? I'd be interested to see if any of you guys in a similar situation upgraded their meters and if it made a significant difference in the long run?

After the carbon tax prices are expected to jump 16% to 20% (according to Energy Australia) after July 2012. I don't know if it's a conservative figure but that's from the horse's mouth. That's pretty significant for me as I'm looking at a $1k bill a quarter sooner or later. My current bills have gone up real quick, I have used a lot less power (probably halved it) and no aircon for a while. I'm dreading the pinch when the hot days will come back and trying to see if there's room for improvement.

Thanks for any feedback.
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