What makes up the electricity price?

What makes up the electricity price?

Below are some factors which make up the cost of your energy bill every month:

  • Wholesale costs – the cost to purchase electricity from wholesale markets.
  • Network and metering charges – the cost for the distribution and transmission of energy to your premises via poles, wires and pipes.
  • Government-based environmental schemes – costs to comply with government schemes such as state-based solar bonus and efficiency schemes.
  • Retail operating costs – managing accounts, retail billing and other customer services.
  • GST – always included in the price you see.
  • Ben
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