Understanding Your Electricity Costs and Power Bill

07/04/2014 | Technology | Leave a comment

Unless you are living on the mountains or somewhere remote and left untouched by modern civilisation, having to pay for the electric bill every month is something that you really could not avoid. As such, if you are one of the many ordinary people who rely heavily on electricity in order to be able to power various equipment used for daily life, then it would be better for you to understand electricity prices as well as understanding your electricity costs, in an effort to effectively manage your expenses as far as power related issues are concerned. You do not have...

Large Profit By Western Power Amid Rising Debt

16/10/2013 | International | Leave a comment

Western Power has announced their profit is up 21 per cent on last year with a new figure of $191 million being released. Their debt level has also increased to almost $6.2 million which is up 13 per cent on figures for last financial year according to their annual report. Western Power believes this is to some extent due to increased funding for upgrading the ageing power pole network. Paul Italiano, CEO of Western Power states these results are in line with forecasts. “It is important to know that Western Power is regulated,” Mr Italiano said. The Economic Regulation Authority...

Ease the family budget with new energy website

03/10/2013 | International | Leave a comment

Newcastle families will be happy with a new government website that will enable them to compare electricity prices and save hundreds of dollars a year as stated by the country’s Energy Regulator Commissioner. Householders and small business owners will be able to use this ‘Energy Made Easy’ website which has been designed to allow them to compare providers and prices without any pressure from retailers. There is currently an investigation being undertaken by the ACCC which will lead to legal action against a number of energy retailers who allegedly have been using false or misleading door-to-door sales practices. “The new...

Carbon Tax offset by Lower Prices

01/10/2013 | Environment | Leave a comment

It is said by a leading Consultant that wholesale power prices have been driven down due to increased competition between electricity generators fighting for a lowering market. This is helping to offset a great deal, if not all of the carbon tax effect. Principal Consultant Hugh Saddler from Pitt & Sherry states that figures in the year to August for the demand of power across the National Electricity Market that serves the eastern states and South Australia have fallen another 1.4 terra-watt-hours compared with the 12 months to July. Electricity use peaked in 2006-7 on a per capital basis. It...