The rise of the electricity bill shows how much the cost of electricity has increased in recent times and the impact the carbon tax has had on electrici

1. $1300 $1600 $1900 $2200 $2500
cheapest plan most expensive plan
Sydney & Hunter
AusGrid
Illawarra
Endeavour Energy
Country NSW
Essential Energy
Melbourne
Citypower
Country VIC
Powercor
Country VIC
SP Ausnet
Melbourne
Jemena
Melbourne
United Energy
Brisbane & SE QLD
Adelaide & SA
$1501 $2616difference = $1115
$1843 $2726difference = $883
$1506 $1703
$1528 $2068difference = $540
$1404 $1956difference = $552
$1664 $2192difference = $528
$2031 $2628difference = $597
$1368 $2395difference = $1027
$1576 $2212difference = $636
$1580 $2168difference = $588
% electricity prices
increasing July 2012
NSW data
$ 2 1 8 4
$ 2 4 9 2
$ 2 2 1 0
47%
39%
$ 1 5 4 1
15%
$ 1 9 3 9
$ 1 8 6 2
33%
33%
$ 2 0 9 0
$ 1 7 9 4
28%
Citipower
Powercor SP AusNet
Jemena United
Energy
$ 1 9 4 0
33%
$ 2 0 1 0
41%
35% 28%
AusGrid
$ 2 5 5 7
Endeavour
Energy
$ 2 0 5 6
$ 1 9 3 9
50%
44%
$ Essential
Energy
1 8 1 2
49%
% electricity
prices have
increased
over past 3 years
yearly cost
of 2011-2012 bill
(estimate - based on
7500 kWh peak only)
35%
%
$
Network Costs (8.4%)
Carbon Price (8.9%)
Retail costs (1.2%)
Green scheme (0.3%)
18.1%
% electricity prices
increasing July 2012
NSW data
NSW
distribution areas
VIC
distribution areas
predicted increase
caused by the
carbon tax
household
spend
on electricity
www.bundl.com.au
above percentages do not add up because
wholesale energy costs decreased 0.8%
May 09
10,000
20,000
30,000
40,000
50,000
60,000
Sep 09 May 10
Jan 10 Sep 10
Jan 11 Sep 11
May 11 Jan 12
May 12
VIC
NSW
QLD
SA
# of people switching electricity
suppliers each month
% of people that
switch electricity
suppliers each year
Annualised transfer rate taken from May
2012 switching data
not all plans were created equal
sources (top to bottom)
Australian Energy Regulator “State of the Energy Market Report 2011”
Plans found using respective state regulators’ (NSW = IPART, VIC = ESC, SA = ESCOSA, QLD = QCA) website on 05 June 2012
IPART “Factsheet - consumer summary of final decision - June 2012”
IPART “Changes in regulated electricity retail prices from 1 July 2012 - Final Report June 2012”
Expected carbon tax increases from Philip Wild, Paul Bell & John Foster “The impact of carbon pricing on wholesale electricity
prices, carbon pass-through rates and retail electrciity tariffs in Australia” (University of Queensland)
Switching data from Australian Energy Market Operator
all calculations based on 7500 kWh peak power only
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find out how much you can save on
electricity at www.bundl.com.au
52%
31%
11%
6%
50%
25%
10%
8%
7%
Network Costs
Costs from getting
electricity from source to
customer via
transmission and
distribution networks
Energy Costs
Costs of purchasing
electricity from
generators on the
wholesale electricity
market
Retail Costs
Costs of running the retail
business (call centre,
billing, etc)
Green Costs
Costs of complying with state
and federal green schemes
NSW data
before carbon tax after carbon tax
Carbon Tax
28%
26%
20%
15%
VIC SA NSW QLD
where does your electricity
bill money go?
electricity bill
1.45
c/kWh
=
$109
per
year
of income
for average
households
of income for
low income
households
4%
metro NSW
increase
8%
electricity bill
the riseof the