South Australian energy retail offer price - Ministerial report 2015 - Archived

28 Aug 2015

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Each year the Commission provides to the Minister for Mineral Resources and Energy a comparison report on energy retail price offerings available to South Australian small customers (residential and small business) for the previous financial year.

The 2015 report discusses electricity and gas retail offer prices that were generally available to small customers if they were to seek a new offer in the market.

The key observations of this year's Report are that:

  • Average annual residential electricity Standing Offer and Market Offer prices fell by one per cent and five per cent respectively over the twelve months to 30 June 2015. While the average annual small business electricity Standing Offer prices increased by one per cent, the average annual small business Market Offer bill fell by two per cent over the same period.
  • Average annual residential gas Standing Offer and Market Offer prices increased by seven per cent and three per cent respectively over the twelve months to 30 June 2015. Average annual small business gas Standing Offer and Market Offer prices increased by nine per cent and six per cent respectively over the same period.
  • There were considerable discounts between electricity and gas Standing Offers and Market Offers. For residential electricity customers, the discount between a retailer’s Standing Offer and average Market Offer ranged from seven per cent to 17 per cent. For residential gas customers, the discount between a retailer’s Standing Offer and their average Market Offer ranged from seven per cent to 11 per cent.
  • There was potential for small customers to reduce their annual energy bills by moving from Standing Offers to Market Offers or, if already on a Market Offer, by considering alternative Market Offers. Customers can use the Australian Energy Regulator’s (AER) Energy Made Easy website to compare all available offers.