Wycky is back online
Sorry to my 5 readers out there I have been a bit busy being lazy
and starting a new job and stuff.
I know its the 13 of July (as I write this) but I give it time to get the info right and sort out the truth from the lies (or Rumours)
I have put together a summary of utility increases, I know some don’t seem like much but when you take in the other increase such as rego, petrol etc (which I will cover next) it all adds up and will put strain on your finance’s. Also keep in mind people are saving less and retail sales are currently lower then the 08/09 financial crisis and these increase’s will hurt the retail industry even more!
UTILITIES
Electricity
For ActewAGL customers, prices will increase by around 4 per cent from 1 July 2010 and by a total of 11 per cent over the 3 years (including inflation). Rises in network charges account for around 85 per cent of these increases.
For AGL business customers, bills will increase by 10 per cent over the 3 years, while
Origin Energy business customers face increases of 11 per cent over the same period.
Country Energy’s business customers’ bills will increase by 16 per cent over the 3 years
ActewAGL business customers bills will increase by 9 per cent over the 3 years.
“Under our final decision, typical customers in Sydney, Newcastle and Wollongong will see moderate increases in their annual bills, but in some regional areas increases will be higher.
Gas
AGL’s average regulated tariffs increase by 5% from 1 July 2010 and by a cumulative total of 13% over the 3 years to 2012/13.
Country Energy’s average regulated tariffs increase by 8% from 1 July 2010 and
by a cumulative total of 17% over the 3 years. So much for looking after the farmers!
Origin Energy’s average retail tariffs increase by 8% from 1 July 2010 and by a
Water having the largest increase of Utilities, what is the reason?
IPART CEO Mr. Jim Cox said the major factors driving higher prices in this determination are a
lower level of forecast water sales than in the previous determination and an increase in State
Water’s revenue requirements for operating and capital expenditure.
“A Lower Level of forecast water sales”??? anyone noticed the 1000’s of houses popping up everywhere over night? they will be purchasing / using water how can sales not be increasing???????????????????