Price changes from 1 July 2020
Each year our electricity prices are updated by the Queensland Competition Authority (QCA) to take into consideration a number of factors including the cost of delivering electricity to you and market changes which impact the price of electricity we buy on your behalf. We are required by the Electricity Act to charge the notified prices set out by the QCA.
The Queensland Government subsidises the price of electricity for regional Queenslanders to ensure we are on par with other parts of the state, given the vast geographic distances to deliver electricity across regional and remote Queensland.
Overall, notified prices for business customers have generally decreased from 2019/20 rates.
From 1 July 2020:
- The bill for a typical small business on Tariff 20 will decrease by 3.2 percent or around $75 a year.
- Rates for customers on time of use Tariff 22A will decrease by 6.4 percent or around $185 a year.
What you can do
We know using electricity in your business is a part of everyday life. Here are some tips to help you with the upcoming changes:
Check you’re on the best rate
Check if you could save by comparing our business rates.
Save on your bill with our energy tips
Just a few small changes in how you use electricity in your business can make a difference to your power bill. We have a wealth of energy saving tips for businesses on our website.
Break up your bill
Direct Debit gives you the flexibility to pay your bills weekly, fortnightly, monthly or quarterly. You can setup Direct Debit via My Account.