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.