Power bills set to be slashed in almost every state and territory

However, before pleasure there will be more pain …

power bills

Your power bills are set to drop, with the cost of electricity forecast to decrease significantly in every state and territory over the next three years, says the Australian Energy Market Commission (AEMC).

Except in Western Australia.

However, before pleasure there will be more pain, with power bills set to peak in 2019/2020 before they start going down.

Power bills should fall from the current average of $1377 to $1273 in 2022, saving most Australians an average of $97 a year.

South-east Queenslanders should benefit most with savings of up to $278 a year.

Prices in NSW should fall by eight per cent, in Victoria by five per cent and in the ACT by up to seven per cent. Tasmanians could expect to save around five per cent and South Australians two per cent. The Northern Territory only recently switched to independent generators and was not included in the assessment.

Due to increased gas costs, West Australians will pay around $102 more for power by 2022.

“While the overall national trend is down all across the supply chain, there are regional differences across states and territories that will affect price outcomes,” said AEMC chairman John Pierce.

“Overall, a representative consumer will pay around $97 less than today by June 2022.”

The drop in electricity prices can be mainly attributed to more investment in renewable energy such as batteries, wind and solar and increases in generation capacity, particularly wind farms.

“These results for FY19 to FY22 point to the state of the market over this specific period, which will see significant injection of around 5000 MW of new supply,” said Mr Pierce.

The report also found that the most expensive time to use electricity in NSW, Queensland, Victoria and South Australia is between 6pm and 8pm.

Despite promises of cheaper power bills, the AEMC maintains that “no two households use energy in the same way” and consumers should shop around to get the best deals.

Are you happy that power bills will drop in the next year or so?

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    COMMENTS

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    The Bronze Anzac
    9th Dec 2019
    10:08am
    Homeowner/occupiers should consider solar with zero deposit, & cheap monthly repayments over 3 years, by using the power savings of up to 80% as the repayments. Then they can control their own power production & consumption easily.
    101
    9th Dec 2019
    11:47am
    Exactly right, the internal rate of return for Solar is approximately 18%.
    Anonymous
    9th Dec 2019
    2:31pm
    Unless you are home during the day solar is useless with the pittance you now get for your feed in.
    101
    9th Dec 2019
    4:33pm
    Wrong VCB, appliances today enable you to run them whilst you are not home, e.g. dishwashers, washing machines, etc.
    I get 11.6 cents FIT and am $238 in credit. haven't had a bill for 4 years.
    Anonymous
    9th Dec 2019
    6:15pm
    Gee you are game running those appliances while not a home. A friend of mine did that and their washing machine flooded their house resulting in a repair bill of iver $60,000. They were unconvinced for many weeks.

    My FIT is 22c but it doesn't make much difference to my bills as I use nearly all my solar myself as I can't see the benefit of having spending thousands to benefit the supply authority more than me.
    ray @ Bondi
    9th Dec 2019
    8:18pm
    the only sad thing is that there no way for unit owners to take advantage of this, I live on the top floor but the committee has refused my request.
    sunnyOz
    9th Dec 2019
    9:09pm
    I live solo, in small 3BR home, have a small solar system, with feedback rate of 56c. For years I have kept an Excel spreadsheet of my power bills and have noticed the following.
    1. Worked FIFO for 4 years - 2 weeks on, 2 weeks off. My power bill averaged $140 a quarter.
    2. Finished FIFO - worked normal 9-5 job. My power bill averaged $100 a quarter.
    3. Now retired - home far more. So TV, computer, power usage due to hobby, air con on more (hot Qld). My power bill averages $12 per quarter. Over last 2 year period.

    I thought my power bill would be low doing FIFO, (being away totally for 2 weeks at a time), but it was actually higher. The more I am home, the lower the bill.
    101
    10th Dec 2019
    8:43am
    "They were unconvinced for many weeks." Moron.
    I'm also unconvinced.
    maxchugg
    11th Dec 2019
    11:30am
    A quote from a site discussing the viability of solar in the USA:

    "In some parts of the country, you can pay as little as 8 cents per kWh; in others, you’ll pay 20 cents or more."

    According to this, panels should be viable here, with rates much higher than even the maximum quoted for the US.

    My 3 Kw system was installed in February 2012 at a cost of $9000+ and has produced 30600 units to date. At an average of 27 cents per unit, it has produced electricity to the value of $8262 but in future the return will be less as the FIT has now dropped to around 11 cents from a pervious average of around 27 cents.

    In future, after for allowing for depreciation and maintenance, my electricity provider will obtain more benefit from my panels than I do.

    As for batteries, currently they are totally unviable, as the people of South Australia will discover in a few years.
    maxchugg
    11th Dec 2019
    11:30am
    A quote from a site discussing the viability of solar in the USA:

    "In some parts of the country, you can pay as little as 8 cents per kWh; in others, you’ll pay 20 cents or more."

    According to this, panels should be viable here, with rates much higher than even the maximum quoted for the US.

    My 3 Kw system was installed in February 2012 at a cost of $9000+ and has produced 30600 units to date. At an average of 27 cents per unit, it has produced electricity to the value of $8262 but in future the return will be less as the FIT has now dropped to around 11 cents from a pervious average of around 27 cents.

    In future, after for allowing for depreciation and maintenance, my electricity provider will obtain more benefit from my panels than I do.

    As for batteries, currently they are totally unviable, as the people of South Australia will discover in a few years.
    sunnyOz
    9th Dec 2019
    10:34am
    Figures above very hard to understand. Above says the average annual power bill is $1377 - and says "South-east Queenslanders should benefit most with savings of up to $278 a year". A 20% drop? - I'll believe that when I see it.
    ray @ Bondi
    9th Dec 2019
    8:19pm
    yes I am with you, it sounds like something from Big Brother to keep the peasants quite.
    Spud
    9th Dec 2019
    10:55am
    So that’s a definite of a perhaps maybe ? This is proof of how they hold us voters in contempt !
    Lookfar
    9th Dec 2019
    11:30am
    You have some cause to be wary Spud, the cheaper Renewable electricity has been coming into the Grid for some time now but savings not passed on.
    Good on the AEMC for making definite amounts available so us everyday folk can start asking our suppliers where are our discounts.
    Otherwise they would just greedy it all up and give us nothing.
    The interesting thing is that all that renewable generated electricity is going in despite the current political party doing their damnedest to stop it.
    I bet Morrison gets up on his hind legs and brays how he is helping Australians get cheaper electricity, or words to that effect, however the only Govt. support has come from the states.
    Captain
    9th Dec 2019
    4:09pm
    So there is a define maybe that prices will be cheaper in two or three years time. Begs the question of how much prices will rise in the next two years!
    maxchugg
    12th Dec 2019
    10:39am
    Cheaper renewable energy? In 2014 when Australia relied upon coal to generate electricity, the Australian Energy Council listed Australia as a country with low prices, with 21 countries having more expensive electricity and 11 where prices were lower.

    The current Global Petrol Prices site shows only 12 countries with more expensive power than Australia, and 103 countries where power is cheaper. Worse, when this chart was prepared average prices in Australia were listed at 25 cents, a figure that has risen substantially since renewables are replacing coal, another site now has Electricity in South Australia and Victoria listed as the most expensive in the world.

    Analysis of the data which is presented indicates that all of the countries where prices have skyrocketed are switching to renewables to generate electricity.

    For reasons beyond my comprehension, although I will "Post Reply" once, the post will appear twice.
    maxchugg
    12th Dec 2019
    10:39am
    Cheaper renewable energy? In 2014 when Australia relied upon coal to generate electricity, the Australian Energy Council listed Australia as a country with low prices, with 21 countries having more expensive electricity and 11 where prices were lower.

    The current Global Petrol Prices site shows only 12 countries with more expensive power than Australia, and 103 countries where power is cheaper. Worse, when this chart was prepared average prices in Australia were listed at 25 cents, a figure that has risen substantially since renewables are replacing coal, another site now has Electricity in South Australia and Victoria listed as the most expensive in the world.

    Analysis of the data which is presented indicates that all of the countries where prices have skyrocketed are switching to renewables to generate electricity.

    For reasons beyond my comprehension, although I will "Post Reply" once, the post will appear twice.
    Anonymous
    13th Dec 2019
    12:07am
    Maybe you are double-clicking instead of doing a single click. A single click cannot post twice.
    BTW, great post, thanks.
    Spud
    9th Dec 2019
    11:00am
    I have been getting PFIT since 2010 in Vic and it runs out in 2024 but I have been paying way above my neighbor who has no solar since day one . Yes I’ve checked around but the moment you mention PFIT they tack on at least the retail FIT they pay( 6.5 cents) if not more .
    floss
    9th Dec 2019
    11:05am
    Bull S.under a Liberal Government it will not happen just look at the last seven years.
    Eddy
    9th Dec 2019
    11:38am
    My thoughts exactly Floss except I do not restrict them to Liberal only, Labor are just as sneaky. I place more credence that Brisbane will have a snow this Christmas than power prices will come down in three years. Heard all these types of predictions before but they rarely, if ever, eventuate.
    libsareliars
    9th Dec 2019
    11:51am
    Agree entirely Floss - well said.
    Anonymous
    9th Dec 2019
    2:33pm
    My power rates have already decreased under the Liberal Government.
    Anonymous
    9th Dec 2019
    4:07pm
    Bullshit, Bear.
    Misty
    9th Dec 2019
    4:43pm
    In an alternative universe VCBB but not the one we live in.
    Anonymous
    9th Dec 2019
    6:09pm
    It is nice to have power bills less than $200 a quarter now thanks to the LNP.
    ray @ Bondi
    9th Dec 2019
    8:24pm
    I am with you, te libs are all for selling everything, if there was ownership in the banks, Telstra and Qantas, just to name the main ones there would be $$$$$ for all, but no OUR property is sold for plastic trinkets and shiny mirrors for the natives. POwer would be under the control of one company and prices controlled now there seems to many companies all with their boards sucking away and shareholders, while this is in place there will never be cheap power, unless you are lucky to live in house unlike me, then the government can bring in regulation, you know at one time it was against the law to have a water tank in Sydney, we are at the government mercy. hmm did somebody touch a nerve :)
    Farside
    10th Dec 2019
    10:53pm
    and how have the LNP reduced your bills to under $200 a quarter Big Bear? Out of interest, what were they before?
    Tood
    15th Dec 2019
    12:29pm
    "Power prices slashed" wow sounds great, unfortunately its total BS... $97 a year, be still my heart!!
    Hairy
    9th Dec 2019
    11:10am
    Hooha and bullshit I don’t believe one word .its just to soothe the minions and direct their attention from other serious issues that this goverment have caused.
    On the Ball
    9th Dec 2019
    11:26am
    While I agree, if this Government appears to do anything, its a distraction, but I wonder why they are then crediting renewables as the reason?
    Lookfar
    9th Dec 2019
    11:43am
    OTB, the AEMC is not under the close supervision of the Govt. of the day, they are part of the Govt departments who are tasked with planning Australia's future needs, in their case
    electricity.
    They are constricted by the current govt. to a degree, but long term plans and actions come to fruition, - if the govt of Australia did not have such departments, the current govt would never do anything.
    This information on cheaper power has been in the public domain for quite some time, but it could be argued that they haven't told everybody, so now they are.
    Morrison is probably just as surprised as you are, it was definitely not what he wants, but the Abbot govt has made it a lot less than it would have been, - indeed they have finally slowed down the renewable electricity constructions so not much more will be coming in next year unless more coal fired power stations close.
    Thankfully they can't stop old expensive to run machinery wearing out.
    Tood
    9th Dec 2019
    2:25pm
    Absolute BS!! this govt came in promising reductions and NOTHING has materialised except a few useless comparison sites. Decrease soon?, 3 years is soon?, it should be now and substantially not $79 which is diddly squat! The utilities situation in Australia is outrageous brought about by both sides of government and now seems to be unfixable. Not everyone can afford solar panels.
    Farside
    10th Dec 2019
    10:57pm
    lots of angst and frothing over electricity prices but how is this a federal problem Tood? Yes there is a national market of sorts but energy is a state issue.
    ex PS
    13th Dec 2019
    11:18am
    Simple Farside, it becomesa Federal problem when they start trying to take credit for a price reduction thatvwill not happen. It becomes federal problem when they try to put pressure on power companies to keep under performing coal fired power statins on line, or try to force them to build new ones that do not stack up economically.
    It seems the government will take credit for good stste innitiatives but will run a mile when its interference cause failures.
    They are banking on coal sales to meet their fake surplus target that is the only reason they want to support old technology.
    Neil
    9th Dec 2019
    11:13am
    We were promised $300 P/Year in S.Aus last election . Now they say 50 cents a day . That means one Coffee P/Week .
    Sadly we will NEVER see prices return to old price .
    Just wait until more Factory & Business go to the wall
    Yes you can have Solar & you will benefit but around the mid 80 AGE mark not sure will see it out to gain
    KSS
    9th Dec 2019
    4:56pm
    And that's renewable and Tesla batteries for you.
    floss
    9th Dec 2019
    11:22am
    Under the privatised model prices will never come down.Look at private health insurance.
    ray @ Bondi
    9th Dec 2019
    8:25pm
    here here, I commented earlier about how the money tress have been sold.
    On the Ball
    9th Dec 2019
    11:29am
    Ha. What have we been saying for years? Renewables...
    And no, not the panels on your roof (although they do help) but wind energy to replace fossil fuel energy, and batteries. Batteries help the grid coast over peaks, so the system doesn't have to endure large peaks. So we dont need to have a large wasteful grid, in case...
    miker
    9th Dec 2019
    11:48am
    Does anyone have any deeper insight re the WA situation please. We have more gas over here in WA than nearly everywhere else on the planet yet we are paying more
    Troubadour
    9th Dec 2019
    3:15pm
    My thoughts exactly. Why does WA not get any perks yet again?
    Will be chatting to our local MP about this. We try to be as sparing as
    possible these days with our Electricity.
    BrianP
    9th Dec 2019
    11:51am
    WA cops it again. How about this for a helpful solution.

    For people on low incomes doing it tough how about a discount on the price of solar batteries so we can reduce our power bills? That would be easy for goverment to set up. It would also reduce dependence on welfare help for vulnerable people.
    Lookfar
    9th Dec 2019
    4:36pm
    Hi Brian, you will have to move to Queensland for that one at this time, but it certainly makes sense, - particularly for people in bush fire areas, - (are there any no bush fire areas now?) as if you have batteries and the fires take out your electricity supply lines, you can still run your pumps to keep the fire away and your children alive, - Big Reason.
    Perhaps lobby your local minister, etc.
    Cheers,
    Lookfar.
    Anonymous
    9th Dec 2019
    6:19pm
    Victoria gives you about a 50% rebate but that is still too expensive me as the battery will wear out before I get the benefit of its payback.
    Anonymous
    9th Dec 2019
    6:21pm
    Looked at batteries recently as an alternative to using my generator in blackouts but since $5 of fuel lasts a few hours it was simply not worth it.
    Farside
    10th Dec 2019
    11:04pm
    batteries are a poor financial investment for most solar households, and a government subsidy would need to be substantially higher to change this equation. Like Bear, I recently looked into it and had quotes prepared given the Vic rebate. Even doubling my consumption resulted in payback period more than a decade, which made do nothing the best option. I even subsidised the equation $2k for islanding in the event of outages.
    panos
    9th Dec 2019
    11:52am
    Hah what a fudge they dont tell you out of that supposed $97 dollars you will save on electricity, the network costs your daily charge to have the power connected thru your distributor will go up substantially which will be more than the $97 you will save.

    This is one big FAT JOKE.......they take us for idiots
    ray @ Bondi
    9th Dec 2019
    8:27pm
    yep, and people far for it time and time again.
    panos
    9th Dec 2019
    11:57am
    I would love to have this BS average power bill of $1377 a year..........$344 a quarter it would be fabulous...lets see the real bill for all electric house just on $700 a quarter including network charges of $1.20 a day which is $109 of the bill
    casey
    9th Dec 2019
    12:25pm
    Have had solar panels for the last few years, and my electricity bills are quite reasonable. However the gas bills are through the bloody roof. They definately need looking at.
    Life experience
    9th Dec 2019
    12:31pm
    Why not WA. Very unfair.
    hyperbole
    9th Dec 2019
    12:47pm
    My total electricity bill for last 12 months was a total of $482.56. When I lived in a four bedroom home in 2014 the cost was $1896.95. I now live in a not for profit village where a price has been negotiated with the power people and volunteers read the meters once a month. That is the reason why our bills are so cheap. Have no complaints. My gas bill is very cheap as well as only used for hot water nothing else. I live in WA
    Susanne
    9th Dec 2019
    1:32pm
    Why indeed?
    Susanne
    9th Dec 2019
    1:32pm
    Why indeed?
    panos
    9th Dec 2019
    2:36pm
    Hyperbole, do you even use power $482 for a whole year WOWEeeEE
    hyperbole
    9th Dec 2019
    5:38pm
    Panos, yes I have no complaints and I use my aircon when I need it...winter and summer.
    Rowena
    9th Dec 2019
    12:41pm
    I live in WA, and have solar panels on the roof. Due to a clear, sunny (and overly warm) Spring, on our last power bill, our solar credits (net feed-in tariff) outstripped our power usage, which gave us a very small bill, not even having to pay the full cost of the supply charge! As well as environmental health, over the long term solar pays its way...especially in a predominantly sunny state.
    Farside
    10th Dec 2019
    11:05pm
    in southern Vic and total bill for past year (Nov-Oct) was less than $21.
    Rae
    9th Dec 2019
    12:54pm
    Sorry but my belief in any of these "predictions" is over. i just wish the lying would stop. I'm still waiting for that $550 with $8000 less income a year because Abbott lied about pension changes.

    Prices will go up, we'll be promised falls and they won't arrive. The foreign owners of the utilities will want the profits as our dollar continues to collapse in value due entirely to LNP and RBA economic mismanagement and policies.
    cupoftea
    9th Dec 2019
    1:35pm
    As per normal every week something else gets put out for discussion so we don't go on about Centrelink,pension waiting times what ever this government says it will cost us money or money we wont get
    cupoftea
    9th Dec 2019
    1:35pm
    As per normal every week something else gets put out for discussion so we don't go on about Centrelink,pension waiting times what ever this government says it will cost us money or money we wont get
    Misty
    9th Dec 2019
    3:47pm
    Do you ever have anything positive to say about anything VCBB?, I never see any signs here in the comments you make.
    Anonymous
    9th Dec 2019
    6:22pm
    I have lots of positive things to say but I'm not one to bullshit on negative things either.
    Misty
    9th Dec 2019
    3:47pm
    Do you ever have anything positive to say about anything VCBB?, I never see any signs here in the comments you make.
    Misty
    9th Dec 2019
    3:47pm
    Do you ever have anything positive to say about anything VCBB?, I never see any signs here in the comments you make.
    KSS
    9th Dec 2019
    8:09pm
    He says his bills have already dropped. I'd say that was a positive, Misty.
    MICK
    9th Dec 2019
    3:54pm
    We bit the bullet and put a heap of solar onto our roof. We now use what we need and get paid for all but the winter quarter when we pay perhaps $100.
    All that remains now is for batteries to come down in price whilst storage capacity goes up. If that happens we may consider going off the grid altogether. Give it another 5 years I'd be thinking. Then I'll pee on the graves of the coal industry. Can't come soon enough....and yes I can expect the corollary to be mentioned. Bring it on deniers. Cheers.
    ex PS
    13th Dec 2019
    11:34am
    We have a 3kW system plus gas for cooking and hot water. We get a .44 cent a kW rebate which gives us a return every quarter, this goes into its own account every quarter and will help pay for a battery in 2023 when our contract expires.
    When assessing the return on these systems you have to take into account total amount of the bill. If you don't have to pay $300.00 plus you get $120.00 paid into your account, your return is $420.00.
    With the government rebate and the builders package I paid for my system in three years the rest is profit.
    Solar is definatley worth considering.
    We can't wait to give the grid the flick.
    Misty
    13th Dec 2019
    11:25pm
    What stste do you live in ex PS?, I live in NSW and the most rebate we get is 8 cents and we have a 7kw system, no gas just electricity and we are lucky to get $100.00 off our quarterly bill.
    Cheezil61
    15th Dec 2019
    2:06pm
    exPS did you include the outlay for the solar in those calulations or was your set up totally free? ie, a friend of mine spent $16,000 to have solar put on based on that would take me 16yrs to recoup based on my power bills of around $1000pa so i would need free solar power (no bill each month on solar) if i were to consider opting for solar.
    Misty
    9th Dec 2019
    3:55pm
    Only pressed submit once, don't knw why my comment showed up 3 times, maybe the computer liked my comment and decided it agrees with what I have said and posted it twice
    more.
    sunnyOz
    9th Dec 2019
    9:18pm
    Misty - you can go in and delete your own comment. So simply delete the extra 2.
    Misty
    13th Dec 2019
    11:29pm
    It was too late when I realised what had happened to delete the extra comments sunnyOz but thanks for reminding me I will be more careful and check each time.

    9th Dec 2019
    4:06pm
    There needs to be a Royal Commission into the entire energy sector, which has been gouging the Australian public for decades.
    Captain
    9th Dec 2019
    4:23pm
    The power, gas etc were assets owned by the peoplevof Australia and should never have been sold to private and foreign companies. A recipie for disaster.
    ray @ Bondi
    9th Dec 2019
    8:30pm
    yep, captain, and all those other money trees, there would be funds for all, but our benevolent big brother sold all the money tress for plastic trinkets and bits of broken mirrors.
    KSS
    9th Dec 2019
    4:53pm
    I don't believe the average power bill is $1377 a year. According to my bill analysis, I use about half the average person with my profile and my bills are about $170 per quarter (no aircon, no heaters, no clothes dryer, everything turned off at the wall except the oven and fridge, all energy saving globes etc and a discount for paying on time). A family would be paying $1377 a quarter especially in winter and summer.
    Misty
    9th Dec 2019
    5:06pm
    I don't know how you live but my bill, electricity only, for 3 adults averages about $3,900.00 a year and we have 20 solar panels as well but no gas. Our climate is hot in summer and freezing in winter, this last week we have had 2 degrees overnight with a heater needed and 30 degrees in the day with a water cooler, what mad weather we are having, never seen anything like it in my adult life, I am 82.
    KSS
    9th Dec 2019
    8:31pm
    Misty, I have explained already how I live and how I control my electricity use. I have all the usual electrical goods and I use them. I do work full time so of course they are not in use during the day. I do washing once a week and dry the laundry outside. I just don't use a lot of electricity and I have no gas.
    Farside
    10th Dec 2019
    11:12pm
    KSS, the "average" bill would include people with both high and low bills; do you have any good reason to doubt the average other than your bill being about half of the amount? My current bill for example is less than a 1/50 of the "average" however in my previous house it was substantially more.
    KSS
    9th Dec 2019
    4:53pm
    I don't believe the average power bill is $1377 a year. According to my bill analysis, I use about half the average person with my profile and my bills are about $170 per quarter (no aircon, no heaters, no clothes dryer, everything turned off at the wall except the oven and fridge, all energy saving globes etc and a discount for paying on time). A family would be paying $1377 a quarter especially in winter and summer.
    billy boy
    9th Dec 2019
    4:54pm
    to be seen, will be a political carrot, for the next election, with a very sneaky preview now, won't hold my breath ;(
    NannySuccess
    9th Dec 2019
    5:00pm
    I would like to know when another electricity supplier is going to enter the West Australian market, to have a bit of competition. We only have one electricity supplier so they are able to charge what they like, if another company started here imagine how many people would exit the current supplier.
    We all need a bit of competition, so hurry up any supplier & give us a choice & competive rates please.
    101
    10th Dec 2019
    8:40am
    With expected losses in the future why would anyone enter the market now.
    From the ABC : WA power provider Synergy will post almost $180 million in losses over the next four years as the financial position of the state-owned utility deteriorates.
    Last month, Energy Minister Bill Johnston confirmed Synergy was expected to crash to a loss as it grappled with a flood of renewable energy that was undercutting its fleet of coal and gas-fired power plants.
    Alexia
    9th Dec 2019
    5:53pm
    Why oh why is Western Austraolia left out?
    aussiecarer
    9th Dec 2019
    6:13pm
    I live in WA. I'm all for solar but I think the government should subsidize off grid solar systems instead of grid tied solar. This would make the grid more stable for everyone else who is dependent on the grid. It would also make it safer for Australians living in vulnerable areas. Where we live in W,a if our electricity goes out, our water goes out as well because there is no scheme water in our suburb - we are reliant on the electricity to pump water into our house.
    Farside
    10th Dec 2019
    11:16pm
    Choices have consequences. No doubt property prices will be cheaper in suburbs without scheme water and subject to frequent power outages than they might have been otherwise.
    Easy Rider
    10th Dec 2019
    12:53am
    NSW prices to fall by 8%
    ...yes that's good, but to call it a price "slash" is overstating it by just a tad.
    Jilly B
    10th Dec 2019
    10:21am
    It is a bit rich to state that power bills will drop in the headline and then read that most of it will be in effect by 2022. Consumers are looking for relief NOW not in 2022. Most people who are continuing to work have had no pay increase, groceries, power, gas, phone etc have all risen and there are every ending insurance bills for ones car, house, contents, funeral etc that rise with each new bill. So a miserable bit off the electricity in 2 years time does not cut it with me.
    Misty
    11th Dec 2019
    1:37pm
    And by 2022 everything will have gone up, workers pay will, hopefully, have risen, so power companies will have to charge more and where will $100.00 a year discount get you then, bu--er all.
    Jilly B
    10th Dec 2019
    10:21am
    It is a bit rich to state that power bills will drop in the headline and then read that most of it will be in effect by 2022. Consumers are looking for relief NOW not in 2022. Most people who are continuing to work have had no pay increase, groceries, power, gas, phone etc have all risen and there are every ending insurance bills for ones car, house, contents, funeral etc that rise with each new bill. So a miserable bit off the electricity in 2 years time does not cut it with me.
    Mac
    11th Dec 2019
    4:37pm
    Well, I received an email from Origin this morning informing me that in January 2020 my electricity bill will increase, based on current usage for the past 12 months, by $88.56 so where is the decrease that is supposed to come?

    I live in Central Victoria - hot summers and cold winters. How much more belt tightening is expected from those on low incomes?

    My electricity bill plan is the lowest plan according to Origin and I revise my plan every year. I plan to contact them when time permits to see if there is another plan. Luckily I have a pension concession.
    Anonymous
    11th Dec 2019
    11:39pm
    FYI - Origin is desperately trying to entice new customer through the FiftyUp Club right now with discounts! Shows where their loyalties lie! Run from them.

    Also, aren't you familiar with this trick? Increase prices early, then claim they are giving discounts later on...I saw this happening in Coles a year before the GST came in (price increases), and then they claimed not to hit customers with the full 10% when the GST came in - they had already raised prices a year in advance!
    Now you can understand the business works.

    11th Dec 2019
    11:33pm
    Rubbish, power prices will NOT go down, not if the private company CEOs can help it!!!

    Also, the biggest joke has to be "Due to increased gas costs, West Australians will pay around $102 more for power by 2022." - when we are the largest (or soon to be) gas producer in the world!

    Country sold out by the Politicians - BOTH Liberal & Labor!
    Cheezil61
    15th Dec 2019
    1:40pm
    I don't have spare $16,000+ to outlay on solar & wit my power bills at $100 month & under (Tango), i figure not worth forking out as would take 16 or so years to pay for themselves & they be out of warranty by then & possibly useless (& thus more expensive thsn regular power anyway) ?.
    Greg
    15th Dec 2019
    5:58pm
    Haha, received an email from my provider this week, 32% increase on 1st Jan 2020, that should offset any reductions that are on the way.
    Misty
    15th Dec 2019
    9:36pm
    And who is that with Greg?.
    Greg
    15th Dec 2019
    10:14pm
    amaysim
    Blossom
    16th Dec 2019
    11:47am
    You can guarantee that if the reduce the usage rate that they will increase the supply charge.
    That has happened with not only electricity but gas and other accounts too
    Blossom
    16th Dec 2019
    11:47am
    You can guarantee that if the reduce the usage rate that they will increase the supply charge.
    That has happened with not only electricity but gas and other accounts too


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