Feed-in tariffs in Australia
PPC contains rate hikes for July
Public Power Corporation's green tariff for July rose 14% compared to June, versus a 22% increase in the wholesale price of electricity during the same period.
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Electricity: From 13.5 cents to 20.5 cents electricity charges for July
For July, the Public Power Corporation (PPC) is offering the second-largest discount since the introduction of special tariffs earlier this year, keeping green electricity rates low for most consumers. The PPC’s 31% discount absorbs a significant portion of June’s 22% increase in wholesale prices, resulting in a household electricity rate of 0.1355 euros per kilowatt-hour.
Fresh decline in electricity rates this month
Electricity bills will be even lower in March, as the continued de-escalation of gas rates drags down the price of electricity in the wholesale market.
For March, the charge per kilowatt-hour on the green tariffs is estimated to move to 10 to 11 cents, while for the yellow-marked tariffs the charge will drop to pre-energy crisis levels, with the price per kWh even below 8 cents.
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Power companies announce lower tariffs for February
The country's power suppliers have announced significantly reduced electricity tariffs for February, with Public Power Corporation (PPC) saying that its rate is down 57-64% compared to January.