Electricity costs in Melbourne can vary, influenced by several components on your electricity bill. Here’s a detailed breakdown of the typical charges you’ll find:
Supply Charge : This fixed daily fee covers the cost of delivering electricity to your property through the poles and wires. Regulated by the Victorian Government, this charge differs based on your distributor.
Usage Charges : This variable part of your bill is calculated based on how much electricity you use, measured in kilowatt-hours (kWh). The usage rate, or the price per kWh of your energy use, is determined by your selected energy plan. By choosing a plan with competitive electricity prices and usage charges, you can potentially lower your costs.
Other Charges : These can include metering charges, environmental levies, and fees for late payments, all contributing to your overall energy prices.
Rebates : Eligible households might benefit from rebates or concessions offered by the Victorian Government, which can significantly reduce your overall energy bill.
Electricity prices are subject to fluctuations influenced by wholesale market costs and government policies. Keeping an eye on your energy use and regularly comparing energy plans with GoSwitch ensures you always have access to the best rates available.