Origin announces energy price hikes for customers in SA, NSW and Queensland
7 years, 9 months ago

Origin announces energy price hikes for customers in SA, NSW and Queensland

ABC  

A third major energy retailer, Origin Energy, has announced double-digit electricity price increases in South Australia and New South Wales from next month. Origin's electricity tariff for residential customers in South Australia will rise by 16.1 per cent from July 1, while the tariff for small businesses will increase by 18 per cent. Electricity tariffs for both business and residential customers in New South Wales will soar by more than 15 per cent. Origin Energy price increases 2017/18 Market Electricity Gas Electricity Gas South Australia $344 $81 $1,012 $586 New South Wales $310 $77 $823 $343 Queensland $67 $18 $307 $117 Origin Energy said the changes reflect the fact that Australia's energy market is in transition, with changes to supply and demand impacting on the wholesale price for energy.

Energy Price Origin South Average Queensland New South Wales South Australia Residential Residential Customers Origin Energy  price  nsw  origin  average  business  hikes  wales  electricity  customers  residential  energy  south  announces  queensland  small

History of this topic

'Energy prices could and should be lower', but are retailers profiteering?
1 month, 2 weeks ago

'Energy prices could and should be lower', but are retailers profiteering?

ABC  

As Australia's biggest energy generators and retailers AGL and Origin report their profits results, there are calls for more to be done to reduce electricity and gas prices. In reporting its half-year results on Thursday, Origin attributed its 2 per cent profit increase to $1 billion to higher gas export prices offsetting lower earnings in east coast power markets. The …

Electricity retailers label complex power prices 'perverse' as industry goes to war with itself
5 months, 4 weeks ago

Electricity retailers label complex power prices 'perverse' as industry goes to war with itself

ABC  

Australia's electricity retailers have lashed as "incredibly perverse" changes to the way people are charged for power that are leaving many with complex prices and higher bills. According to the AEC, the real problem is "network tariff reassignment", which occurs when a home is fitted with a smart meter and the poles-and-wires company starts charging the retailer cost-reflective tariffs at …

Power prices that are 'double' the benchmark spark calls for overhaul of energy consumer safeguards
7 months ago

Power prices that are 'double' the benchmark spark calls for overhaul of energy consumer safeguards

ABC  

Some households are being charged more than double the regulated benchmark price for electricity, fuelling claims that Australia's energy consumer protections are failing and need to be overhauled. Among them is one customer from South Australia whose new costs are an "estimated" 103 per cent above the default offer, otherwise known as the government reference price. The regulator said the …

Power bills to be slashed across Australia's southeastern states
10 months, 1 week ago

Power bills to be slashed across Australia's southeastern states

Daily Mail  

Consumers across Australia's eastern states are set to benefit from a fall in household power bills from July 1 as a cut to electricity price caps and government energy rebates deliver hundreds of dollars worth of relief to cash strapped families. The Australian Energy Regulator's final default market offer - a price ceiling to ensure customers receive the lowest price …

Regional Queenslanders paying double for electricity as power costs soar after record-breaking summer heat
11 months, 4 weeks ago

Regional Queenslanders paying double for electricity as power costs soar after record-breaking summer heat

ABC  

In short: Residents in regional Queensland are seeing their power bills shoot up, as the cost of electricity increased by 38 per cent last year. Residents in regional Queensland are seeing their power bills shoot up, as the cost of electricity increased by 38 per cent last year. Regional Queenslanders also used more electricity this summer, with Ergon Energy recording …

Sting in the tail of Australia's energy crisis as power prices soar up to 100pc for some
1 year, 9 months ago

Sting in the tail of Australia's energy crisis as power prices soar up to 100pc for some

ABC  

Some Australian households are facing power price hikes of up to 100 per cent as the "long tail" of last year's energy crisis hits home hard, according to consumer advocates. Key points: Benchmark power prices will rise 20-25 per cent across Queensland, NSW, Victoria and SA from Saturday Consumer advocates warn tariffs could jump much higher for customers on expiring …

AGL, Origin announce upcoming energy price rises for households, small businesses
1 year, 9 months ago

AGL, Origin announce upcoming energy price rises for households, small businesses

ABC  

The cost of keeping homes warm this winter is about to jump, with two major energy retailers confirming bills will soon rise hundreds of dollars per year. Key points: AGL and Origin Energy announce energy price rises Prices will rise between 20 and 29 per cent from July and August The retailers say increased wholesale electricity prices are mainly to …

Electricity prices to rise by up to 25 per cent in NSW, south-east Queensland, South Australia and Victoria
1 year, 10 months ago

Electricity prices to rise by up to 25 per cent in NSW, south-east Queensland, South Australia and Victoria

ABC  

The Australian Energy Regulator has confirmed electricity prices will increase by between 20 and 25 per cent from July 1 — higher than the draft offer put forward by the regulator in March — while Victorian prices will rise by 25 per cent. Key points: Electricity prices will rise between 19.6 per cent and 23.9 per cent in NSW, SA …

Electricity prices set to surge up to 30 per cent as regulators reveal draft pricing plans
2 years ago

Electricity prices set to surge up to 30 per cent as regulators reveal draft pricing plans

ABC  

The Australian Energy Regulator has revealed draft electricity price increases of between 20 and 22 per cent over the coming financial year, while Victorian consumers can expect a 30 per cent price surge. Key points: The AER has proposed default offer price increases of 20-22 per cent for most households across three states Its determination acts as a benchmark for …

Electricity retailers raise fixed charges to recoup costs after record highs in spot market
2 years, 7 months ago

Electricity retailers raise fixed charges to recoup costs after record highs in spot market

ABC  

Natalie, from Tweed Heads in northern New South Wales, has cut her electricity usage to the bare minimum. "I understand everyone is getting a price increase," she said, "but it just feels a little bit unfair that they've put so much on the daily rate. The New South Wales Energy and Water Ombudsman, Janine Young, said every customer would be …

Energy economists are calling for change, so what can Queensland do to avoid future blackouts?
2 years, 9 months ago

Energy economists are calling for change, so what can Queensland do to avoid future blackouts?

ABC  

An energy economist is calling for an independent inquiry into Queensland's energy production following millions of households being told to conserve power for a second consecutive night due to generators reducing their output in response to a cap on prices. Key points: Power generators were ordered to cover projected electricity supply shortfalls again last night Blackouts were avoided with AEMO …

Queensland power prices have been capped and there's concern about blackouts. What you need to know
2 years, 9 months ago

Queensland power prices have been capped and there's concern about blackouts. What you need to know

ABC  

Fears about blackouts due to a shortage of electricity did not eventuate last night but Queensland and NSW consumers are warned the threat has not passed. This morning AEMO said that, as a consequence of the price cap, "some generators revised their market availability in New South Wales and Queensland for today". "AEMO will take further actions to improve electricity …

How much are power prices increasing by? Why are they going up? What can I do to save on electricity?
2 years, 9 months ago

How much are power prices increasing by? Why are they going up? What can I do to save on electricity?

ABC  

Late last month, a major energy regulator signalled Australians would be seeing significant hikes in their power bills from July 1. This means that, globally, there's a much higher demand for gas, coal and oil from other nations and, thanks to a smaller supply pool, the prices for those commodities are going up. A major point was fast-tracking what's called …

SA's remote Aboriginal communities to start paying for electricity
3 years, 6 months ago

SA's remote Aboriginal communities to start paying for electricity

ABC  

Aboriginal communities in outback South Australia will for the first time need to pay for electricity, starting next year. Key points: Off-grid Aboriginal communities will need to start paying for electricity from next July Energy consumption has steadily risen and costs $6 million a year The SA government is proposing a prepaid system to help customers budget Residents in Yalata, …

Electricity prices on the rise despite reregulation of the market
5 years, 8 months ago

Electricity prices on the rise despite reregulation of the market

ABC  

The Federal Government's tentative steps towards reregulating the retail energy market have seen power prices rise and competitive pressure between rival suppliers ease. Key points: The new Default Market Offer reforms, intended to end the "loyalty tax" in the retail energy market, started on July 1 The new DMO operates more as price comparison, rather than a price cap as …

British Gas hikes energy bills by £119 for more than 3m households
6 years, 1 month ago

British Gas hikes energy bills by £119 for more than 3m households

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy British Gas is to hike …

Australia’s energy crisis: Heatwave-struck residents hit with $1.1BILLION power bill
6 years, 2 months ago

Australia’s energy crisis: Heatwave-struck residents hit with $1.1BILLION power bill

Daily Mail  

Heatwave-struck residents across two Australian states were hit with a $1.1 billion bill for just 48 hours' worth of energy last week. Heatwave-struck residents across two Australian states were hit with a $1.1 billion bill for just 48 hours' worth of energy last week Although electricity prices are worked out in advance through hedging contracts, experts have said that consumers …

Energy 'confusion-opoly' blamed for consumers paying too much for electricity
6 years, 4 months ago

Energy 'confusion-opoly' blamed for consumers paying too much for electricity

ABC  

Energy prices have become so confusing that at least 1 million Australian households are languishing on uncompetitive deals. Key points: On average, electricity prices have increased by 75 per cent since 2009, according to Vinnies Victoria, SA have seen biggest rises Analysis finds many households could be saving between $500 to $1,000 if they negotiate a better deal That's according …

Origin Energy offers small discount, after hiking power bills by 15pc last year
6 years, 9 months ago

Origin Energy offers small discount, after hiking power bills by 15pc last year

ABC  

Origin Energy has announced it will cut the power bills of customers in south-east Queensland and South Australia from July 1 — despite introducing double-digit price hikes last year. Origin Energy will cut the electricity bills of customers in some states, despite hiking prices last year. "Customers have felt the pinch of higher electricity prices and while this is a …

British Gas to increase electricity prices by 12.5% next month
7 years, 7 months ago

British Gas to increase electricity prices by 12.5% next month

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. British Gas last raised prices in November 2013 and …

Queenslanders brace for higher costs and fees from July 1
7 years, 8 months ago

Queenslanders brace for higher costs and fees from July 1

ABC  

June is over — that means the end of financial year hangover has begun, and for some in Queensland, it will take a while to get over. "Queensland's already expensive when it comes to registration — depending on your car, we're already the first or most expensive in most categories across the country," Mr Turner said. Mortgage fees and first-homeowners' …

South Australia power prices to rise to highest in the world on Saturday, energy expert warns
7 years, 9 months ago

South Australia power prices to rise to highest in the world on Saturday, energy expert warns

ABC  

South Australia will overtake Denmark as having the world's most expensive electricity when the country's major energy retailers jack up their prices this Saturday. Bruce Mountain, the head of a private energy consultancy firm, said the increases would see South Australia take the lead on world power prices — but for all the wrong reasons. "After taxes, the household in …

AGL SA customers to be hit with 18pc price hike, State Government says
7 years, 9 months ago

AGL SA customers to be hit with 18pc price hike, State Government says

ABC  

Power prices are set to rise by 18 per cent for AGL customers in South Australia, according to the State Government, with similar increases expected in New South Wales and the ACT. Gas price and availability blamed AGL said wholesale market prices had risen "significantly" for reasons including high gas prices and limited gas availability on the east coast, the …

Canberrans slugged with $580 increase for electricity and gas from July
7 years, 9 months ago

Canberrans slugged with $580 increase for electricity and gas from July

ABC  

The average Canberra household will be forced to cough up an additional $580 for electricity and gas next financial year after ActewAGL raised its prices. From July 1, Canberra's main energy provider announced it would increase the average electricity bill by $6.40 per week and gas bill by $4.75 per week. The price hike reflects a 19 per cent increase …

Energy watchdog issues price warning to retailers of household gas, electricity retailers
7 years, 11 months ago

Energy watchdog issues price warning to retailers of household gas, electricity retailers

ABC  

Governments should be open to the idea of the "nuclear option" of re-regulating household gas and electricity prices if retailers do not improve their offering to consumers, the head of Victoria's energy watchdog says. Essential Services Commission chairman Ron Ben David said price re-regulation should only be implemented if other regulatory measures fail to tip the market in favour of …

South Australia's power woes expose deeper problems with nation's energy security
8 years ago

South Australia's power woes expose deeper problems with nation's energy security

ABC  

Australia is rapidly stumbling into a major energy crisis, and there's little evidence to suggest the federal and state governments can agree on the solutions to fix it. In short, the sudden and unexpected closure of ageing coal plants at Hazelwood in Victoria this month and Port Augusta in South Australia last year are putting enormous pressure on power supply. …

Energy bills in WA to climb $200 in next two years, Australian Energy Market Commission says
8 years, 3 months ago

Energy bills in WA to climb $200 in next two years, Australian Energy Market Commission says

ABC  

West Australian households are tipped to see power prices increase by 7 per cent over the next two years, almost three times the national average, according to the national energy market regulator. But the Australian Energy Market Commission said the increase would still not reflect the true cost of generating electricity. Only the ACT is expected to see a higher …

South Australia's enormous July power price spike sounds national electricity alarm: Grattan Institute
8 years, 6 months ago

South Australia's enormous July power price spike sounds national electricity alarm: Grattan Institute

ABC  

An extraordinary spike in South Australia's wholesale electricity price in July sounded an alarm across the five states that share the National Electricity Market, new data shows. His report said the July event was a "canary in the coalmine, warning of the risks in Australia's power future". "There is also a national electricity productivity plan which boosts productivity and efficiency …

Alleged price gouging in electricity market cost South Australia $42 million, report says
8 years, 7 months ago

Alleged price gouging in electricity market cost South Australia $42 million, report says

ABC  

Huge amounts of energy were withheld from the South Australian market during a power price spike in July, a new report says. The report was commissioned by activist group Get Up and claimed about a third of the state's power capacity was withheld while only a small amount was released at very high prices. Researcher Bruce Mountain said there was …

Big electricity retailers marking up costs by $650 a year in South Australia, GetUp says
8 years, 7 months ago

Big electricity retailers marking up costs by $650 a year in South Australia, GetUp says

ABC  

Activist group GetUp has accused electricity retailers of adding big margins and mark-ups to South Australian power bills. GetUp said AGL, Origin Energy and Energy Australia were charging South Australians a mark up of $650 each year, about twice what customers were paying for the actual generation of the electricity. Retailers blame rising wholesale costs AGL, Origin Energy and Energy …

Peak demand electricity price fluctuations hit South Australian businesses
8 years, 8 months ago

Peak demand electricity price fluctuations hit South Australian businesses

ABC  

A private power station in Adelaide has been asked to boost its output because some of South Australia's biggest businesses have been struggling to cope with a huge jump in their electricity prices at times of peak demand. The Government said a planned outage of the Heywood power interconnector with Victoria, higher gas prices and severe cold weather were to …

SA Government calls on commission to investigate if electricity price rises
8 years, 9 months ago

SA Government calls on commission to investigate if electricity price rises

ABC  

AGL, Origin Energy, and Energy Australia could be investigated to see if reasons given for a spike in South Australian electricity prices rise can be justified, the State Government says. "These electricity price increases from AGL, Origin, and Energy Australia add significantly to cost of living pressures on affected customers," Mr Koutsantonis said. "In light of the community concern over …

Energy Australia announces electricity price hike for South Australian customers
8 years, 9 months ago

Energy Australia announces electricity price hike for South Australian customers

ABC  

A third electricity provider within a week has announced it is increasing its charges for South Australian customers. Key points: Three energy companies announce price increases of between $117 and $260 a year Welfare agencies concerned as families struggle to pay bills Treasurer Tom Koutsantonis says people need to shop around for an energy provider Energy Australia has followed in …

Origin Energy announces 6.5 per cent price hike for SA customers, blames coal, gas supply issues
8 years, 9 months ago

Origin Energy announces 6.5 per cent price hike for SA customers, blames coal, gas supply issues

ABC  

Power company Origin Energy has followed in AGL's footsteps, announcing it will increase its electricity and gas charges for South Australian customers from July 1. Yesterday AGL revealed its prices would rise by about 10 per cent for South Australian customers, working out to be about $230 extra per year. "Changes to the electricity generation mix in South Australia has …

Tasmanian households face 30 per cent gas price hike, consultant says
9 years, 8 months ago

Tasmanian households face 30 per cent gas price hike, consultant says

ABC  

Wholesale gas prices in Tasmania could almost double within three years, with domestic users facing a retail price hike of about 30 per cent, an energy consultant says. The latest research by ANZ shows household gas prices will soon surge in Victoria by 30 per cent, with the price rise also having the potential to send parts of Australia's already …

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