As electricity prices are set to soar across multiple states starting July 1, Tasmanian households on standard contracts are in line for a hike of 3.4%. The price change is estimated to add around $60 per year to the average household electricity bill according to the Tasmanian Economic Regulator.
South Australians may need to prepare for a bill chill at the end of winter as three major power providers - AGL, EnergyAustralia and Origin Energy have revealed their plans to hike electricity prices in the state, which could add up to hundreds of dollars extra to the average household annual power bill.
Households with existing rooftop solar systems can now install the Tesla Powerall battery using Origin’s new energy solution. Given that over 1.4 million Aussie homes are already using solar panels to control their electricity bills and support renewable energy, the latest technology could help more people access battery storage.
Amongst all the Australian states, South Australia has made the most impressive shift to sustainable power while New South Wales is stuck with the lowest share of renewable energy, reveals a recent report by The Climate Council.
Starting from next month, NSW residents can expect their electricity bills to increase by up to $35 each year. The news comes after the Australian Energy Regulator (AER) gave its nod to a 1.5% increase in network charges from July 1.
It’s the stuff that renewable energy dreams are made of. When a country actually produced so much green electricity that it had to pay people to use power. That’s exactly what happened in Germany last Sunday, when a particularly windy and sunny day led the country’s solar, wind, hydro and biomass plants to generate about 87% of the total power being consumed for several hours.
To help people manage their household budget better and prevent the likelihood of quarterly bill shock, Origin Energy has announced it is switching eligible electricity accounts from quarterly to monthly billing cycles in Victoria.