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Environmental Costs

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Many of you with large electricity contracts will have noticed that there has been considerable increases in environmental costs over the last 2 years, especially since the Government split these costs into 2 parts. Some of this increase has been aggravated by Retailers charging premium rates as a pass-through cost. We have been actively exposing some of the more outrageous rates that Retailers have been charging our customers and we are pleased to see some Retailers reducing their rates in recent months. Considering the competitive market behind these rates, there is probably still room for some further reductions we believe. For larger customers, we have been successful in getting permission from the Retailers to source certificates directly from the competitive market. This has seen some very significant savings of some hundreds of thousands of dollars. This is an exciting growth area for us and we will continue to try and control this part of our customers’ bills.

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Occasional price spikes are often caused by factors such as widespread heatwaves, industrial disputes or generator malfunctions.

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