After some years of price decreases, Ergon Energy customers are facing power price rises on July 1.
The new rate for Tariff 11 – General Supply is 24.3c/kWh. This is up2.5c/kWh, or a 12% rise.
The solar feed-in-tariff is linked to the wholesale price of power. You may have heard this has been rising sharply due to rising fuel (coal and gas) costs. Good news for solar customers is that it translates to an increase in the credit you receive from your exported energy.
The new rate for solar feed-in will be 9.3c/kWh. This is up 2.7c/kWh, or a 40% rise.
Overall for solar customers, if you export the same amount of energy during daytime that you use at night, you should see no change to your power bill. This is because the cost increase at night is offset by the gain in credit during the day. Good news!
If you don’t have solar, why not enquire and get your costs under control?