Electrical Contractors Licence No. 72214
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Taking care of the next generation

Electricty Prices to rise by $120 July 2011

Archived News, Posted on 27 May 2011

Electricity prices in South Australia will go up by an average of $120 a year come July.

Power provider ETSA Utilities won an appeal yesterday at the Australian Competition Tribunal to recover $301 million for its management of the electricity network.

This will put the typical residential bill at $1270 dollars a year, a 10 percent jump.

Utilities will rise again by $287 the following year, equating to a 28.5 percent increase.

But households may also have to negotiate an extra jump thanks to the carbon tax, likely to be introduced from July 1 next year.

Treasury modelling suggests a $30-a-tonne price on Carbon will push electricity prices up another $218 a year on top of this.

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