Victoria’s electricity distributors are preparing to appeal the Australian Energy Regulator’s pricing decisions in the Australian Competition Tribunal next month.
However, even if they don’t succeed in this legal action, Victoria’s residential power bills will still be rising, on average, by $28.36 in 2011 and $47.82 in each of 2012, 2013, 2014 and 2015 – that’s a total average increase of $219.67 over the next five years.
Price increases will vary between distributors, and you should contact your distributor to find out how these price rises will affect you and complain if you’re not happy with their answer. For example, customers of SP Ausnet will see bills rise by $82.08 in 2011, with a total increase of $313.28 by the end of 2015.
2011 increase | Ave p.a. 2012-2015 | Total increase | |
CitiPower | -$25.60 | $24.16 | $171.04 |
Powercor | $17.20 | $43.40 | $190.80 |
Jemena | $49.24 | $42.40 | $218.84 |
United Energy | $18.92 | $46.36 | $204.36 |
SP AusNet | $82.08 | $57.80 | $313.28 |
Ave increases | $28.37 | $47.82 | $219.67 |
If you think these cost rises are enough and you don't think distributors should be asking for the power to increase your power bill even further, then write to them and let them know you're unhappy.
Thanks for this information.
ReplyDeleteIt reminds me of the 'Dodgy Brothers' the way all of these extra charges are foisted on us. I have written to the distributor for my area and will await the response!
for years these companies have been making profits and not investing in infrastructure, now when their infrastructure is falling apart, they come cap in hand asking for more money. They should be made to use their profits.
ReplyDelete