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IMPACT: Origin Energy Increases prices by up to $559

Announcement posted by Energy Bill Doctor 16 Jun 2017

Last of the Big 3 retailers in Australia to increase their New South Wales pricing

IMPACT: Origin Energy Increases prices by up to $559

·       Last of the Big 3 retailers in Australia to increase their New South Wales pricing

·       Impact ranges from 11.7% to 21.2% depending on region, tariff structure and annual usage

·       Adding between $128 and $559 to a residential customers annual bill

Origin Energy is the incumbent retailer across Sydney’s Western Suburbs (Endeavour Energy network region) and Country New South Wales (Essential Energy network region).

The changes are closely aligned to the movements by both EnergyAustralia and AGL reflecting the rising costs in the electricity wholesale market.

The impact of some individual c/kWh pricing is significant, adding 29-32% to the current price.

Anytime Usage Customers – Annual % Increase

 

Western Suburbs - Parramatta, Penrith etc (Endeavour)

Country (Essential)

Sydney and Surrounds (Ausgrid)

Low

12.5%

12.5%

12.3%

Medium

14.5%

14.5%

14.4%

High

16.4%

16.4%

15.8%

 

Time Of Use Customers – Annual % Increase

 

Western Suburbs - Parramatta, Penrith etc (Endeavour)

Country (Essential)

Sydney and Surrounds (Ausgrid)

Low

17.4%

12.6%

13.5%

Medium

21.2%

15.0%

14.7%

High

22.8%

16.2%

15.2%

 

Anytime Usage Customers – Annual $ increase

 

Western Suburbs - Parramatta, Penrith etc (Endeavour)

Country (Essential)

Sydney and Surrounds (Ausgrid)

Low

$128

$149

$131

Medium

$249

$285

$259

High

$393

$431

$398

 

Time Of Use Customers – Annual $ increase

 

Western Suburbs - Parramatta, Penrith etc (Endeavour)

Country (Essential)

Sydney and Surrounds (Ausgrid)

Low

$188

$159

$139

Medium

$374

$297

$251

High

$559

$436

$362

* Low user is 2750 kWh/year, Medium user is 5500 kWh/year, High user is 8250 kWh/year (Anytime usage customer)

Tim Wolfenden, Managing Director at Energy Bill Doctor (www.energybilldoctor.com.au) “These changes come as no surprise, following what we have seen from both EnergyAustralia and AGL.  However, the impact of these increases will bite hard on their incumbent customer base who will be seeing close to freezing temperatures throughout July and August.”

Vulnerable customer must seek immediate support from whichever retailer they are with.

It’s imperative that all users start using less and paying less – make sure you:

1)      Have a discount or a fixed price deal with no lock in fees with your current retailer or switch to one who will

2)      Focus everyone in your home to use less and employ some sensible energy saving measures such as:

a.       Make use of Mother Nature - open blinds / curtains and let the sun warm your home in the cold winter months

b.       Set your thermostat right - find what's comfortable but around 18-20 c is going to save you a lot of money vs 24-26 c in the winter

c.       Use Off Peak (even though it’s gone up significantly it will be cheaper than Peak or Shoulder rates) - if you have it, use it, it can be 4 times cheaper

d.       Heat or cool a smaller area - if some rooms are not in use, shut those doors

e.       Insulate for drafts - a towel or blanket to block the wind through doors or window will save you money

f.        Keep the dryer as a secret weapon - check the weather and wash on the days with good sun and wind

All press enquiries to:

Tim Wolfenden (Managing Director): tim@energybilldoctor.com.au 0430 641 786

 

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