Price changes from 1 July 2018
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 have generally decreased or moderately increased from 2017/18 rates.
From 1 July 2018:
- The bill for a typical small business on Tariff 20 will decrease by 3.4 percent or around $86 a year
- Meter services charges will cover all costs for installing and maintaining meters, so you won't need to pay up-front for a new or replacement meter
- Regulated metering charges will apply for large and very large business customers with digital metering, ranging from $1.41 per day for standard asset customers to $5.07 per day for individually calculated customers.
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. You can obtain personalised savings recommendations by registering for our EnergyCheck online portal. We also 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 using our online form.