thread: How will the power price increases affect you?

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  1. #1
    Registered User

    Dec 2005
    In Bankworld with Barbara
    14,222

    How will the power price increases affect you?

    I have been meaning to post about this for ages. There was a report on the news that power costs will increase as much as 62% by the end of 2013. Country Energy customers will bear the brunt of the increases, paying the 62% but those with other engery providers will pay less, but still over 50%.

    62 per cent power price rise by 2013


    Some of the rise is due to the Federal Government's Emission Trading Scheme. (ABC News)

    The independent Pricing and Regulatory Tribunal (IPART) has recommended electricity prices rise by up to 62 per cent over the next three years in New South Wales.

    The tribunal says its draft determination is mainly due to rises in network prices and the proposed introduction of the Federal Government's Emissions Trading Scheme .

    Residents in country areas will be hit with the highest bill increases, with the changes expected to add close to $900 to a customer's bill in 2013.
    With the prices increases we have already seen the past 12 months, we have an average bill of nearly $900. I worked it out and we will be paying an extra $3500 per year for power by the end of 2013. We just can't afford those costs. We haven't used the air conditioner at all so far this summer and we are only using fans to try to keep the cost down as there is nowhere else we can cut power use - everything is always turned off at the wall every night bar the fridge and freezer

  2. #2

    Dec 2005
    not with crazy people
    8,023

    we have $550 bills atm.....another $750 on that... ....look's like I might have to go stand under a street light to pay for it

  3. #3
    Lucy in the sky with diamonds.

    Jan 2005
    Funky Town, Vic
    7,070

    I have no idea and I am crapping my pants....

  4. #4
    Registered User
    Follow Pandora On Twitter

    Jan 2005
    cowtown
    8,276

    me too. we can barely afford what we are paying at the moment.
    I can see us selling our house for somehting smaller, getting rid of/chaning appliances for things that cost less - hell it will probably affect what school I was going to send the kids to.

  5. #5
    Registered User

    Dec 2005
    In Bankworld with Barbara
    14,222

    We are too Lu, hence not using the air con. The only choice we have is Country energy and they are going to hit us the hardest. It is scary to think about and even if they did bring in rebates for lower income families, I can bet that the cost of power will rise again oh so conveniently.

  6. #6
    BellyBelly Member

    Oct 2008
    Over The Rainbow
    1,142

    ohh gawwd! i dont know how ill go.. moneys tight enough as it is didnt think it could get any tighter its just astronomical the cost of living

  7. #7
    Registered User

    Apr 2008
    4,427

    We cant afford our bills at the moment either. I think I have had quite a number of boo hoo threads on our electricity bill.

    We dont run a pool or use a dishwasher or dryer, we dont have ducted air, rarely use a/c and still our bills are ridiculously expensive.

    Very scary to think about the future.

  8. #8
    Registered User

    Sep 2005
    In the middle of nowhere
    9,362

    Trill I was thinking of you the other day when I saw that...Country Energy already charge heaps more....
    Sucks.