{"id":22110,"date":"2018-06-08T06:00:30","date_gmt":"2018-06-07T19:30:30","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=22110"},"modified":"2018-06-08T06:00:30","modified_gmt":"2018-06-07T19:30:30","slug":"canberra-electricity-prices-mb0618","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/canberra-electricity-prices-mb0618\/","title":{"rendered":"Canberrans Brace For Electricity Price Hike"},"content":{"rendered":"<div id=\"attachment_22111\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-22111\" class=\"wp-image-22111 size-full\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/act-electricity-prices.png\" alt=\"Canberra electricity prices\" width=\"700\" height=\"436\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/act-electricity-prices.png 700w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/act-electricity-prices-300x187.png 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-22111\" class=\"wp-caption-text\">Image: <a href=\"https:\/\/pixabay.com\/en\/hand-keep-magnifying-glass-energy-982065\/\" target=\"_blank\" rel=\"nofollow noopener\">geralt<\/a><\/p><\/div>\n<p>There&#8217;s some bad news for Canberrans after the ACT&#8217;s Independent Competition and Regulatory Commission yesterday released its regulated retail electricity price determination, effective from July.<!--more--><\/p>\n<p>The ICRC has set the maximum average nominal increase for ActewAGL Retail\u2019s regulated tariffs for 2018-19 at 14.29 per cent, translating to a real increase of 12.16 per cent without inflation.<\/p>\n<p>If ActewAGL Retail decides to increases prices by the full amount, this will see the average Canberra household (8,000 kilowatt-hours of electricity consumption a year) having to find up to $299 extra during 2018\/19 for electricity bills, or around $5.73 a week.<\/p>\n<p>While it may be little comfort for ACT residents, Canberra has traditionally had low electricity prices <a href=\"https:\/\/www.solarquotes.com.au\/blog\/electricity-prices-australia-2018\/\">compared to other capitals<\/a>.<\/p>\n<p>The Commission noted higher wholesale electricity purchase costs contributed more than half of the total 14.29 per cent increase (although it says wholesale prices have dropped in the last few months), with green schemes accounting for less than third (4.12 percentage points).<\/p>\n<p>While ActewAGL Retail also requested an increase in its total retail costs related to complying with \u2018<a href=\"https:\/\/www.solarquotes.com.au\/blog\/power-of-choice-costs\/\">Power of Choice<\/a>\u2019 regulatory changes, the Commission decided on 0.47 percentage points, rather than the 2.14 percentage point impact it says was\u00a0 implied by ActewAGL Retail\u2019s request.<\/p>\n<p>Senior Commissioner Joe Dimasi has <a href=\"http:\/\/www.icrc.act.gov.au\/wp-content\/uploads\/2017\/03\/Report-3-of-2018-Retail-electricity-price-recalibration-2018\u00e2\u20ac\u201c19.pdf\" target=\"_blank\" rel=\"noopener\"> urged<\/a> ACT residents to get in touch with their electricity retailer to determine if they are on the <a href=\"https:\/\/www.solarquotes.com.au\/energy\/\"> right electricity plan<\/a> <sup class='endnote'><a href='https:\/\/www.solarquotes.com.au\/blog\/canberra-electricity-prices-mb0618\/#en-22110-1' id='enref-22110-1' onclick='return hhEndnotes_show(22110)'>1<\/a><\/sup>, and to seek assistance if they are suffering financial hardship.<\/p>\n<p>While benefiting from some of the lowest electricity prices in the nation, the news will likely have more Canberrans thinking about installing solar panels. More than 20,000 solar power systems had been installed in Canberra and throughout the ACT by the end of April this year.<\/p>\n<p>A <a href=\"https:\/\/www.solarquotes.com.au\/systems\/5kW\/\"> 5 kilowatt<\/a> solar system <a href=\"https:\/\/www.solarquotes.com.au\/installers\/canberra\/\" target=\"_blank\" rel=\"noopener\">installed in Canberra<\/a> could be expected to produce an average of around 20 kilowatt-hours a day, or 7,300 kilowatt-hours of electricity a year if panels are north-facing, but the best bang for buck will likely come from a <a href=\"https:\/\/www.solarquotes.com.au\/systems\/6kw\/\">6.6kW system<\/a>.<\/p>\n<p>As for <a href=\"https:\/\/www.solarquotes.com.au\/systems\/feed-in-tariffs\/act\/\">ACT solar feed-in tariffs<\/a>, ActewAGL are currently paying 11 cents per kWh for any solar energy exported (Standard Retail Contract only), but systems must be less than 10 kilowatts capacity for residential tariff customers and less than 30 kilowatts capacity for business customers. There&#8217;s no word yet as to whether that will change from July 1 and ActewAGL notes the rate can be changed at any time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There&#8217;s some bad news for Canberrans after the ACT&#8217;s Independent Competition and Regulatory Commission yesterday released its regulated retail electricity price determination, effective from July.<\/p>\n","protected":false},"author":17,"featured_media":22111,"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-22110","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>Canberrans Brace For Electricity Price Hike - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"There&#039;s some bad news for Canberrans after the ACT&#039;s ICRC yesterday released its regulated retail electricity price determination, effective from July.\" \/>\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-electricity-prices-mb0618\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canberrans Brace For Electricity Price Hike\" \/>\n<meta property=\"og:description\" content=\"There&#039;s some bad news for Canberrans after the ACT&#039;s ICRC yesterday released its regulated retail electricity price determination, effective from July.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/canberra-electricity-prices-mb0618\/\" \/>\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=\"2018-06-07T19:30:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/act-electricity-prices.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"436\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\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-electricity-prices-mb0618\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-electricity-prices-mb0618\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Canberrans Brace For Electricity Price Hike\",\"datePublished\":\"2018-06-07T19:30:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-electricity-prices-mb0618\/\"},\"wordCount\":426,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/canberra-electricity-prices-mb0618\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/06\/act-electricity-prices.png\",\"articleSection\":[\"General Solar &amp; 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The ACT Independent Competition and Regulatory Commission yesterday released its final report\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":"Beat electricity price rises with solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-gas-price-rise.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":12517,"url":"https:\/\/www.solarquotes.com.au\/blog\/electricity-costs-australia-july-mb0083\/","url_meta":{"origin":22110,"position":1},"title":"July 2017 Australian Electricity Price Rise Roundup","author":"Michael Bloch","date":"June 19, 2017","format":false,"excerpt":"Rising energy costs appear to be the third thing you can be assured of in life in Australia these days.\u00a0 Here's a look at the looming impacts in each state in relation to major electricity retailers. The very bad news is a majority of Australian households and small businesses will\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":"Power cost increases in Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-costs-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-costs-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-costs-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/06\/electricity-costs-australia.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":83887,"url":"https:\/\/www.solarquotes.com.au\/blog\/electricity-offer-decisions-mb2927\/","url_meta":{"origin":22110,"position":2},"title":"Electricity Prices Update: Who Saves And Who Gets Slugged","author":"Michael Bloch","date":"May 24, 2024","format":false,"excerpt":"Final decisions were published yesterday for regulated electricity offers in several Australian states. Find out what this means and how it might affect you. What Is A Default Offer? A default offer is the maximum price an electricity retailer can charge a customer on a standing offer, which is a\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 offer determinations","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2024\/05\/electricity-offers-determination.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":97262,"url":"https:\/\/www.solarquotes.com.au\/blog\/electricity-loyalty-penalty-mb3359\/","url_meta":{"origin":22110,"position":3},"title":"Electricity Customer &#8216;Loyalty Penalty&#8217; Alive And Well In 2026","author":"Michael Bloch","date":"January 16, 2026","format":false,"excerpt":"The Australian Competition and Consumer Commission (ACCC) has again warned that millions of Australian households aren't on the cheapest electricity plan; many effectively being slugged with a \"loyalty penalty\" by their current retailer. And the financial hit is significant. What's The Impact Of\u00a0 Electricity Loyalty Penalties? A couple of days\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":"Australian electricity bill","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2026\/01\/electricity-bill-loyalty-penalty.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":62348,"url":"https:\/\/www.solarquotes.com.au\/blog\/regional-qld-electricity-fit-mb2496\/","url_meta":{"origin":22110,"position":4},"title":"Higher Power Prices, But Boosted Solar Feed-In Tariff For Regional QLD","author":"Michael Bloch","date":"June 1, 2022","format":false,"excerpt":"The Queensland Competition Authority delivered bad news for the state's regional residents and small businesses yesterday in the form of a significant jump in electricity costs. But there is some good news for solar power system owners. The QCA is charged with the task of setting regulated retail electricity prices\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":"Regional Queensland electricity prices","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/regional-qld-electricity.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/regional-qld-electricity.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/regional-qld-electricity.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/regional-qld-electricity.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/06\/regional-qld-electricity.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":59468,"url":"https:\/\/www.solarquotes.com.au\/blog\/regional-queensland-electricity-mb2377\/","url_meta":{"origin":22110,"position":5},"title":"Regional Queensland Braces For Power Price Hike","author":"Michael Bloch","date":"March 2, 2022","format":false,"excerpt":"A draft determination from the Queensland Competition Authority indicates regional Queenslanders will be paying more for electricity in 2022\/23 - and big business will be hit particularly hard. The QCA released its draft determination on regulated retail electricity prices for regional Queensland to apply in 2022\u201323 on Friday. While not\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 regional Queensland","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/electricity-prices-regional-qld.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/electricity-prices-regional-qld.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/electricity-prices-regional-qld.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/electricity-prices-regional-qld.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/electricity-prices-regional-qld.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/22110","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=22110"}],"version-history":[{"count":2,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/22110\/revisions"}],"predecessor-version":[{"id":22113,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/22110\/revisions\/22113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/22111"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=22110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=22110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=22110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}