Why are we paying more for our electricity?

Electricity prices are on this rise, especially in Victoria where an increase in fixed supply charges could mean Victorians households pay $57 more per year on the average electricity bill. But why do Victorians have to pay more?

The Australian Electricity Regulator (AER) approved changes to the network tariffs charged in Victoria by power companies. These increases cover the costs which the power companies incur from distribution network service providers (DNSPs) to transport electricity along high and low voltage cables. Rather than absorbing these charges as business costs, the power companies are passing the total amount of these charges to consumers.

For more information on the increases, visit AER.gov.au.

Is it time to get a better deal on your electricity bills?

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A bus-load of money