If you spiral into a state of panic as soon as you see your electricity bill, you’re not alone. South Australia has the highest retail electricity prices in the nation.
According to experts, there are several factors that go into your power bill: the cost of generating power, transmitting it through high-voltage lines, and distributing it to your house.
There are the retailers who sell the power and ‘green schemes’ (the Government), subsiding it, through levies on bills. Yet, the ABC reports that 20 years ago, it was all controlled and managed by Government. Then the landscape changed, once it was privatised (again, by the Government) in the 90s.
Today, there are energy comparison tools available so you can compare electricity companies to find the one that best suits your needs. These will help you find the cheapest electricity in Adelaide.
Electricity Costs in Adelaide, Prices Explained
The Australian Competition and Consumer Commission (ACCC) have found household bills have risen by almost 50%. Almost half of that increase can be attributed to the cost of generation.
The breakdown looked like this: 45% generation, network costs 27%, retail prices 12%, and green schemes 16%.
You can see the graphic here.
Supply and demand also play a role in electricity costs in Adelaide. As consumers, it’s important to conduct your own energy comparison research. Educate yourself and take the time to learn about your consumption habits.
Your heating and cooling accounts for up to 50% of your electricity use. So, yes, it’s good to explore Adelaide electricity prices by kWh(currently sitting at 37.62c/kWh). But, more importantly, know where your energy is going.
Energy Reduction Tips
Twice a year, compare electricity providers to make sure you’re on the best plan. However, there are other actions you can take, on top of energy monitoring, to minimise your electricity consumption. These seven tips are simple to implement and usually just require a few habit changes to maintain long-term.
- Install energy efficient lighting
- Adjust the thermostat on your air conditioner (more on this below)
- Wash clothes in cold or lukewarm water
- Switch off all appliances at the wall
- Check appliances settings
- Close doors and curtains
- Insulate your home
Given that your heating and cooling makes up a huge slice of your electricity ‘pie’, let’s explore this a little further.
Invest in Regular Air Conditioning Servicing
Do you use your air conditioner regularly? Is it a split system that you operate year-round? If you want to reduce the cost of your electricity bill, the quickest change you can make is to your heating and cooling systems.
But, that doesn’t mean you have to go all-green and suffer through long, hot summers. Investing in regular maintenance can keep your air conditioner in top condition, so it’s not using more power just to produce cool air.
Talk to your local air conditioning specialist in the Adelaide Hills to help you stay warm in winter and cool in summer… without blowing your budget.
Fill in your details in the contact form to arrange a technician to visit your home.