Wednesday, April 13, 2011

Power bills going up AGAIN

Huge Rise In Your Bills Coming Again...


Household electricity bills in NSW are set to rise by up to 18.1 per cent, or $316 a year following price rises outlined today by the pricing regulator.

A year ago, IPART approved rises of up to 13 per cent to be implemented from the middle of this year, with another round of rises of up to 11 per cent approved from the middle of next year.

At that time, it anticipated the average power bill for residents in rural NSW would reach $1900 a year, compared with between $1500 and $1600 for those living in Sydney, Wollongong and Newcastle.

Electricity prices are being forced higher as electricity companies boost their networks to avoid further blackouts, and are set to rise much faster if the federal government succeeds in introducing a carbon tax, which will force up prices.

When reviewing electricity prices in the middle of last year, IPART allowed rises of up to 36 per cent over the three years to 2012, warning prices would rise by as much as 60 per cent if the earlier planned carbon tax under consideration by former prime minister Kevin Rudd was introduced.

The likely impact of the carbon tax being considered by Prime Minister Julia Gillard on power prices is not yet clear, since no decision has been taken on the likely carbon price.

The state government said earlier the electricity companies would not pass on the blow-out in the cost of the government's solar panel scheme to households, instead raiding money from the Climate Change Fund to pay for the impact of these costs.

Under the latest changes, residential customers of EnergyAustralia will face rises of 17.9 per cent from July 1 (or $1513 over a year), Integral Energy 16.4 per cent ( $1619 over a year) and Country Energy 18.1per cent ($2063 over a year).

What can you do? Well, nothing about the rises, but you CAN start reducing your power usage by using some simple devices that can really reduce your bills. Click on this link to find out more:

http://www.greendemon.com.au/electricalenergysavingenergysavingdevices-c-12_53.html




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