As from the 1st January 2012 Victorians now face a surge in electricity prices as power usage climbs to extreme limits amid scorching summer temperatures.
A recent analysis by the St Vincent de Paul Society has indicated that average power bills are expected to rise between 5.7 and 8.7 percent. Brace yourself as these price hikes don’t take into consideration the upcoming carbon tax effect which could equate to a further 10% rise come July 2012.
Examples of the new price increases, which were passed into law by the Baillieu government, can be seen below.
Energy Price Rises from January 1, 2012.
Average Duel fuel per household/per quarter
AGL from $310 to $337 – up $27 (8.7%)
Origin from $299 to $316 – up $17 (5.7%)
TRU from $309 to $336 – up $27 (8.7%)
Source: St Vincent de Paul Victorian Tariff Tracking Project
The findings have also urged St Vincent de Paul’s manager of research ‘Gavin Dufty’ to advise consumers to think about switching energy providers as real savings of up to $200 a year could be made by changing energy retailers.
There’s never been a more crucial time than now to start saving on energy bills so click on the following link to Compare Energy Providers.
Read more at smh.com.au – Power price leap energises call for consumers to shop for best deal
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