Fixed charges for households will jump more than 20 per cent to $1.07 a day, meaning that with GST, households will pay a minimum $428 a year on fixed charges, no matter how little electricity they consume. The consumption rate has been cut to 22c/kWh but this means nothing for households that consume around 7kWh a day – pensioners and single person households for instance, and others who pay attention to energy efficiency. Their annual bill will now be more than $1,050 – which equates to a rate of 42c/kWh, probably the highest in the world. And their ability to offset that with solar is greatly reduced because so much of the cost is unavoidable. But small businesses – butchers, restaurants, takeaway food installations, or anyone using refrigeration and cooking – face an even greater proportion of fixed charges under the new scheme. Read More here
19 June 2015, Renew Economy, Queensland pushes through massive rises in fixed electricity charges. A victory for McMansions? Fixed charges to households surge, while small business may pay two-thirds of their bill on fixed charges, as government owned utilities move against solar and energy efficiency. The Queensland government managed to get some sympathetic coverage on the ABC and in the local mainstream media – and even some specialist websites who should know better – about the supposed “fall” in electricity bills in the upcoming year. But what they did not mention – presumably because it wasn’t in the Queensland Competition Authority press release – was a huge jump in fixed charges that will penalise households and small business, and reduce the incentive to install rooftop solar.