The price of electricity in Canberra will increase by almost 12% | Canberra weather
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Households Canberra could face an increase of almost $ 200 of their electricity bills in the next year, the price of electricity in the ACT to increase to 11.95% in July . ACT’s Independent Competition and Regulatory Commission released its annual decision on the regulated maximum electricity price increase for Canberra on Monday. For ease pressure on approximately 31,000 low-income households, the government will spend nearly ACT 10 million in grants over the next four years. This increase comes after an increase of nearly 37% in network costs. The commission said the higher costs of transmission and distribution and the cost of large-scale feed-in tariff ACT government also contributed to the increase. According to the decision of the commission, 11.95 percent is the maximum increase allowed for standing offers of ActewAGL. If the full increase was applied to an offer, it would represent $ 3.76 more per week, or $ 195 per year for the average household in Canberra, which consumes 6500 kWh per year. The increase is less than what was initially proposed by Evoenergy, who initially proposed an increase of almost $ 300 per year. An increase of $ 241 per year was approved by the Australian Energy Regulator last month. In response to rising prices, the ACT Government granted a concession of $ 800 for low-income households for the 2021-2022 fiscal year. This rise comes after the price of electricity fell by an average of 2.6% during the year. Chief Minister Andrew Barr said that although the increase has occurred after a fall, the increase would be difficult for some households Canberra. The government will increase the annual concession of public services for low-income households to $ 750 a year – an increase of $ 50 compared to the current concession. In addition to this, the government will provide a unique concession $ 50 for the 2021-2022 period. “For households with the lowest incomes, it is a very important support program,” Barr said. Barr said that about 31,000 households would be eligible for the grant of $ 800. He said that the grant would cover an “important part” of electricity bills of low-income Canberrans. “This will obviously depend on the level of household energy consumption … the typical bill for a household of two to three people will be about half,” said Barr. “If it is a large household using more energy, it will be less than half. For a one-person household, this will probably be more than half.” The concession scheme is eligible to persons holding a pensioner card, a health care card Centrelink, a retiree map of Veterans Affairs or ACT services card. While prices could increase by 11.95 percent, the increase applies only to rates standing offers and customers could pay less if they shop. The main ICRC Commissioner Joe Dimasi, said customers should contact their retailer and ask if a better offer is available. “We understand how complicated it can be to compare electricity offers,” he said. “The ACT government has asked us to develop a code that will require electricity retailers to help consumers compare electricity rates and to tell their customers if they could have an offer that could reduce their bills. In the meantime, consumers should seek advice from their retailer. “IN OTHER NEWS: The ACT government introduced legislation last month to require electricity retailers to tell Canberra customers if they can get a better offer The Minister of Energy and Reduction. emissions, Shane Rattenbury, asked the commission to create the new industry code. “from the second half of this year, retailers have to compare their offers with the reference price and tell customers if a better offer is available, “said Mr Rattenbury.” This will help customers to compare offers and make informed choices. “the opposition leader ACT, Elizabeth Lee, said that the increase would affect low Canberrans pockets income, especially in the wake of the pandemic Covid-19. “the Liberals Canberra welcome any support that will help low-income people, but do not forget that the only reason they had to cross this step is that they have not kept the Canberrans, “said Ms Lee. “We all want to see a future in renewable energy, but that the government must make clear to the public, this is how he managed to pocket the Canberrans with a worse agreement regarding the price of electricity.” ACTCOSS Executive Director Dr Emma Campbell praised the additional support for low-income households. “The set of measures today responds to the plea of ​​ACTCOSS for a permanent increase in annual concessions of public services and the extension of the program to include individuals with access to ACTs card services,” said said Dr. Campbell. Mr Dimasi said the average bill of Canberrans on standing offers would be consistent with the average bill standing offers in Victoria, New South Wales and Queensland. However, he said he had to be careful in comparisons between States, as regulated price increases mentioned only applied tariffs offers. Our reporters work hard to provide local and up-to-date news to the community. Here’s how you can continue to access our trusted content:
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Households Canberra could face an increase of almost $ 200 of their electricity bills in the next year, the price of electricity in the ACT to increase to 11.95% in July .
The independent Competition Commission and the ACT legislation Monday issued its annual decision on the maximum increase in regulated electricity prices for Canberra.
To ease the pressure on about 31,000 low-income households, the government will spend nearly ACT 10 million in grants over the next four years.
This increase comes after an increase of nearly 37% in network costs.
The commission said the higher costs of transmission and distribution and the cost of large-scale feed-in tariff ACT government also contributed to the increase.
According to the decision of the commission, 11.95 percent is the maximum increase allowed for standing offers of ActewAGL.
If the full increase was applied to an offer, it would represent $ 3.76 more per week, or $ 195 per year for the average household in Canberra, which consumes 6500 kWh per year.
In response to rising prices, the ACT Government granted a concession of $ 800 for low-income households for the 2021-2022 fiscal year.
The increase comes after electricity prices fell an average of 2.6% during the year. Chief Minister Andrew Barr said that although the increase has occurred after a fall, the increase would be difficult for some households Canberra.
The government will increase the annual concession of public services for low-income households to $ 750 per year – an increase of $ 50 compared to the current concession. In addition to this, the government will provide a unique concession $ 50 for the 2021-2022 period.
Barr said that about 31,000 households would be eligible for the grant of $ 800. He said the grant would cover an “important part” of electricity bills of low-income Canberrans.
“This will obviously depend on the level of household energy consumption … the typical bill for a household of two to three people will be about half,” said Barr.
“If it is a large household using more energy, it will be less than half. For a one-person household, this will probably be more than half.”
The concession scheme is eligible to persons holding a pensioner card, a health care card Centrelink, a retiree map of Veterans Affairs or ACT services card.
While prices could increase by 11.95 percent, the increase applies only to rates standing offers and customers could pay less if they shop. The main ICRC Commissioner Joe Dimasi, said customers should contact their retailer and ask if a better offer is available.
“We understand how complicated it can be to compare electricity rates,” he said.
“The ACT government has asked us to develop a code that will require electricity retailers to help consumers compare electricity rates and to tell their customers if they could have an offer that could reduce their bills. In the meantime, consumers should seek advice from their retailer. ”
“From the second half of this year, retailers have to compare their offers with the reference price and tell customers if a better offer is available,” Mr Rattenbury said.
“This will help customers to compare offers and make informed choices.”
The leader of the opposition ACT, Elizabeth Lee, said that the increase would affect the pockets of low-income Canberrans, particularly as a result of the pandemic Covid-19.
“The Liberals Canberra welcome any support that will help low-income people, but do not forget that the only reason they had to take this step is that they have not kept the Canberrans” said Ms. Lee.
“We all want to see a future in renewable energy, but that the government must make clear to the public, this is how he managed to pocket the Canberrans with a worse agreement regarding the price of electricity.”
The CEO of ACTCOSS, Dr. Emma Campbell, welcomed the additional support to low-income households.
“The set of measures today responds to the plea of ​​ACTCOSS for a permanent increase in annual concessions of public services and the extension of the program to include individuals with access to ACTs card services,” said said Dr. Campbell.
Mr Dimasi said the average bill of Canberrans on standing offers would be consistent with the average bill standing offers in Victoria, New South Wales and Queensland.
However, he said he had to be careful in comparisons between States, as regulated price increases mentioned only applied tariffs offers.
Our reporters work hard to provide local and up-to-date news to the community. Here’s how you can continue to access our trusted content: