Electricity standing contract price adjustment 1 July 2012
- Project Released: 15 Jun 2012
- Project Closes: 15 Jun 2012
- Contact: Peter Lim
Overview
The Commission has released its decision in respect of the standing contract
prices which AGL South Australia Pty Ltd (AGL SA) will be allowed to charge its
South Australian electricity standing contract customers from 1 July 2012.
Status
Current status is Final
Final
The Essential Services Commission of SA (the Commission) has today released
its decision in respect of the standing contract prices which AGL South
Australia Pty Ltd (AGL SA) will be allowed to charge its South Australian
electricity standing contract customers from 1 July 2012.
The standing contract price will increase by 18%, largely due to the impact
of the solar feed-in tariff scheme on network prices, other increases in network
charges, and the introduction of a price on carbon emissions. In announcing its
decision, the Commission has also announced the commencement of an investigation
into the retail costs that comprise the standing contract price, particularly
the wholesale cost component, which represents around 40% of the total
price.