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Understanding your electricity bill
• Uses of gas and electricity in Australia
• Tariffs and energy use
• The electricity network
• Where the money goes
• Who are the retailers?
• A single rate electricity bill
• A dual rate electricity bill
• Comparing prices
Tariffs reflect your energy mix
• Single rate meter (Residential GD/GR) uses electricity for power points and lights only
• Two rate meter has permanently wired water storage heater , sometimes ‘slab heating’. Can also include a dedicated meter for A/Cond (‘Climate saver’)
• Time of Use meter (‘Smart Meter’ GH/GL) rates are determined by the time of day…
• And … Flexi-rates are coming!
Flexible pricing
• Being offered from mid-2013
• Need an interval meter to access- it is a variation on Time of Use
• Assumes you can reduce your usage between 3 pm and 9 pm weekdays
• Don’t know rates yet but peak could be more expensive than current peak
• Do your homework – buyer beware
One bill pays for all services
• The consumer pays for all network services via their retailer
• There are 13+ retailers to choose from
• There is one monopoly distributer in this area – Powercor -
• Powercor is responsible for reading your meter and the Interval Meter rollout
• Meter reading data is passed to the retailer
A single rate electricity bill
• All electricity is purchased at roughly the same amount
• Water is heated by gas (usually)
• Usually quarterly (about 91 days)
• Some monthly billing operates with direct debit
Features of the first page
• Usually the only one you used to look at!
• Account number
• Amount due
• Due date
• Sometimes: bar graphs of avg. daily use
• Should be: invoice number
Features of the second page
• Account period and billing days
• Meter readings – previous and current
• Usage in kWh and rate charged (c/kWh)
• Service charges
• GST
• All the above can be repeated for a different period –like a new calendar year!
TRUenergy single rate
• Has the same features, different layout
• TRUenergy is now known as Energy Australia
A dual rate electricity bill
• The first page is basically the same –except for the bar graph (if on the first page)