Your electricity bill might seem like a jumble of numbers, but let’s break it down. It usually has two main parts:
Usage charges : This is what you pay for the actual electricity you use, measured in kilowatt-hours (kWh). Think of it like paying for the petrol you put in your car—the more you drive, the more you pay.
Daily supply charge : This is a fixed daily fee to cover the cost of getting the electricity to your home. It’s like a subscription fee—even if you use very little power, you’ll still pay this.
Your bill may also include other charges like GST and environmental costs. Some retailers even offer discounts or special rates, so it’s worth checking the fine print.
If you’re a small business owner or residential customer in New South Wales, understanding these key components can help you keep track of your energy costs and make informed choices. And if you’re ever feeling overwhelmed by your energy bill, remember that GoSwitch is here to help you find a better deal.