{"id":12258,"date":"2017-06-08T11:11:18","date_gmt":"2017-06-08T00:41:18","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=12258"},"modified":"2017-06-08T18:14:19","modified_gmt":"2017-06-08T07:44:19","slug":"canberra-energy-price-increase-mb0072","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/","title":{"rendered":"Massive Energy Price Hike In The ACT &#8211; Rest Of Australia To Follow?"},"content":{"rendered":"<div id=\"attachment_12259\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-12259\" class=\"size-full wp-image-12259\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise.jpg\" alt=\"Beat electricity price rises with solar panels\" width=\"700\" height=\"470\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise.jpg 700w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise-300x201.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-12259\" class=\"wp-caption-text\">Solar power to become even more attractive. | Image: <a href=\"https:\/\/www.flickr.com\/photos\/cogdog\/1543304581\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">cogdogblog<\/a>, <a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?curid=57017805\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Public Domain<\/a><\/p><\/div>\n<p>Uncertainty surrounding national energy policy has been blamed for a huge energy price hike in the ACT. This isn&#8217;t just bad news for those in Canberra &#8211; it&#8217;s perhaps a sign of things to come elsewhere in Australia.<\/p>\n<p><!--more-->The ACT Independent Competition and Regulatory Commission yesterday released its <a href=\"http:\/\/www.icrc.act.gov.au\/energy\/electricity\/retail-electricity-prices-2017-2020\/\" target=\"_blank\" rel=\"noopener noreferrer\"> final report and price direction<\/a> for regulated retail electricity prices for the next\u00a0 three years &#8211; and the news matches the season; cold and bleak. Gas prices in the ACT will also skyrocket from next month.<\/p>\n<p>ActewAGL price rises will result in an increase to the average electricity bill of $6.40 per week (+18.95%) and gas costs will jump $4.75 per week (+17.3%). This translates to a whopping $580 a year for the average household in Canberra.<\/p>\n<p>ActewAGL won&#8217;t be making a motza from the electricity increase &#8211; in fact, the ICRC&#8217;s final decision has reduced ActewAGL Retail&#8217;s margin from 6.04 per cent to 5.3 per cent.<\/p>\n<p>&#8220;Ten years of uncertainty in national energy policy has resulted in an unprecedented increase in gas and electricity prices from 1 July this year,&#8221; <a href=\"http:\/\/www.actewagl.com.au\/About-us\/Media-centre-and-reports\/2017\/06\/07\/Statement-by-Michael-Costello.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">stated<\/a> ActewAGL CEO Michael Costello.<\/p>\n<p>Mr. Costello said that as with electricity, wholesale gas prices have close to doubled in the past year; a result ActewAGL says of Australia <a href=\"https:\/\/www.solarquotes.com.au\/blog\/australia-gas-renewables-mb003\/\">exporting around ten times the amount of gas<\/a> we consume domestically.<\/p>\n<p>The hikes will be a significant added financial burden for many people and particularly those on low incomes trying to stay warm this winter. To help address the impact, ActewAGL has also announced an Energy Support Fund that will endeavour to keep people connected.<\/p>\n<p>Another ActewAGL initiative to kick in from July 1 is a Solar Grants Program for eligible community organisations.<\/p>\n<p>In May, SQ blogger Ronald warned electricity bills are rising due to a <a href=\"https:\/\/www.solarquotes.com.au\/blog\/reasons-for-high-electricity-prices\/\">lack of competition and Coalition opposition to renewables<\/a>. Ronald also predicted households in all Australian states, with the possible exception of Tasmania, face electricity bill increases of roughly 20% over the next two to three years.<\/p>\n<p>News of the increase will like spark renewed interest in <a href=\"https:\/\/www.solarquotes.com.au\/quote\/\">installing solar panels<\/a> in <a href=\"https:\/\/www.solarquotes.com.au\/installers\/canberra\/\">Canberra<\/a>. It remains to be seen if the ACT&#8217;s <a href=\"https:\/\/www.solarquotes.com.au\/systems\/feed-in-tariffs\/\">solar feed in tariff<\/a> will also increase, which would make solar power systems an even better investment but could <a href=\"https:\/\/www.solarquotes.com.au\/blog\/when-electricity-price-hikes-dont-improve-the-economics-of-batteries\/\">impact payback<\/a> on <a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/comparison-table\/\">battery systems<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uncertainty surrounding national energy policy has been blamed for a huge energy price hike in the ACT. This isn&#8217;t just bad news for those in Canberra &#8211; it&#8217;s perhaps a sign of things to come elsewhere in Australia.<\/p>\n","protected":false},"author":17,"featured_media":12259,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-12258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Massive Energy Price Hike In The ACT - Rest Of Australia To Follow? - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"National energy policy uncertainty has been blamed for a huge energy price hike in the ACT - perhaps a sign of things to come elsewhere in Australia.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Massive Energy Price Hike In The ACT - Rest Of Australia To Follow?\" \/>\n<meta property=\"og:description\" content=\"National energy policy uncertainty has been blamed for a huge energy price hike in the ACT - perhaps a sign of things to come elsewhere in Australia.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-08T00:41:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-06-08T07:44:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"470\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Massive Energy Price Hike In The ACT &#8211; Rest Of Australia To Follow?\",\"datePublished\":\"2017-06-08T00:41:18+00:00\",\"dateModified\":\"2017-06-08T07:44:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/\"},\"wordCount\":404,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise.jpg\",\"articleSection\":[\"General Solar &amp; Storage News\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-energy-price-increase-mb0072\/\",\"name\":\"Massive Energy Price Hike In The ACT - Rest Of Australia To Follow? 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Citing \"informed sources\", The West Australian says: \"..West Australians should brace themselves for about a 2 per cent power hike this year, meaning families can expect\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Electricity prices in Western Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/electricity-prices-wa.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/electricity-prices-wa.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/electricity-prices-wa.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/electricity-prices-wa.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/electricity-prices-wa.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":3977,"url":"https:\/\/www.solarquotes.com.au\/blog\/states-territories-need-step-solar-energy\/","url_meta":{"origin":12258,"position":1},"title":"Royalla solar farm shows states, territories need to step up on renewables","author":"Staff Writer","date":"September 9, 2014","format":false,"excerpt":"We had a mini solar energy revolution in Australia this week: the opening of Australia\u2019s largest solar farm at Royalla, near Canberra. Funded by Spanish renewable energy giant Fotowatio Renewable Ventures, the 20 megawatt solar farm is monstrous by Australian standards. Comprised of 83,000 solar panels \u2014 which will be\u2026","rel":"","context":"In &quot;Big Solar&quot;","block_context":{"text":"Big Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/utility-scale-solar\/"},"img":{"alt_text":"solar panel in a field","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/09\/field-with-solar.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/09\/field-with-solar.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/09\/field-with-solar.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":57319,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-prices-december-mb2290\/","url_meta":{"origin":12258,"position":2},"title":"Australian Solar Prices: December 2021 Update","author":"Michael Bloch","date":"December 27, 2021","format":false,"excerpt":"The cost of home solar power systems increased across much of Australia in November, but not all states saw a price hike. The following table indicates prices paid (cost per watt) across all system sizes and after all rebates\/subsidies in November 2021 compared to October, and November 2020. The numbers\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Australian Solar Price Index - December 2021","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/price-index-december.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/price-index-december.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/price-index-december.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/price-index-december.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/12\/price-index-december.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":3892,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-charges-ahead-oz-energy-sector-jobs\/","url_meta":{"origin":12258,"position":3},"title":"Over 20,000 solar workers expected by 2018 despite Abbott&#8217;s efforts","author":"Staff Writer","date":"August 11, 2014","format":false,"excerpt":"Jobs in the Australian solar industry is a topic that doesn't excite the pro-fossil fuel press and shriekback radio all that much. Instead the headlines and radio waves over renewables are dominated by imagined consequences of the carbon tax and the repetition of outright lies about the consequences of the\u2026","rel":"","context":"In &quot;Economics Of Solar&quot;","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"panels going on straw house","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/solar-jobs.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/solar-jobs.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/solar-jobs.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":64706,"url":"https:\/\/www.solarquotes.com.au\/blog\/electricity-price-crises-continue\/","url_meta":{"origin":12258,"position":4},"title":"Wholesale Electricity Price Crises Continue &#8212; More Hefty Hikes Likely","author":"Ronald Brakels","date":"September 1, 2022","format":false,"excerpt":"Australia's wholesale electricity price crisis is in its fifth month.\u00a0 This ongoing disaster began in April and really took off in May, June, and July.\u00a0 It continued through August, but the crisis wasn't as crisisy as the previous three months. It's confined to the eastern states, so WA and NT\u2026","rel":"","context":"In &quot;Electricity Prices&quot;","block_context":{"text":"Electricity Prices","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/electricity-prices\/"},"img":{"alt_text":"Electricity price rises in Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/elec-price-crisis.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/elec-price-crisis.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/elec-price-crisis.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/elec-price-crisis.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/09\/elec-price-crisis.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":18008,"url":"https:\/\/www.solarquotes.com.au\/blog\/electricity-solar-australia-mb0392\/","url_meta":{"origin":12258,"position":5},"title":"2018 Kicks Off With Energy","author":"Michael Bloch","date":"January 1, 2018","format":false,"excerpt":"New solar subsidies and energy efficiency rebates for some, power price hikes for others. Here's what early 2018 has in store for electricity prices and home solar power in Australia. Australian Solar Subsidy Changes From today, what's known as the \"deeming period\"[1. For further information on the deeming period and\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar energy and electricity n Australia - 2018","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/electricity-solar-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/electricity-solar-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/electricity-solar-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/01\/electricity-solar-australia.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/12258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=12258"}],"version-history":[{"count":5,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/12258\/revisions"}],"predecessor-version":[{"id":12277,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/12258\/revisions\/12277"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/12259"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=12258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=12258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=12258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}