July 29, 2014
Ergon Energy Retail has switched to new tariff rates without the carbon price, effective from July 1.
All Ergon Energy Retail bills issued from Thursday (July 24) do not include a carbon price component from July 1 onwards, delivering on the commitment to pass on the savings from the repeal of the carbon price.
Customers with bills based on meter readings taken between July 1-23 inclusive were issued accounts based on the previous tariffs, so they will receive an adjustment on their next bill.
The electricity tariffs available through Ergon Energy Retail are set by the Queensland Competition Authority (QCA).
About a quarter of Ergon Energy Retail’s customers will receive an adjustment on their next bill, with the amount expected to be less than $10 for most residential bills.
The QCA estimates the annual saving for typical residential customers from the removal of the carbon price will be about $170.
The QCA also prepared a solar PV feed-in tariff rate without the carbon price, however this has not been enacted as yet by the Queensland Government.
As a result, Ergon Energy Retail will continue paying customers the full feed-in tariff rate, including the carbon price, until further notice.
The removal of the carbon price does not affect customers who receive the 44c/kWh feed-in tariff.
