Study finds high household electricity spending
Share
Analysis of 7,612 residential electricity plans on the NEM in Australia in April 2024 reveals that households in Hobart are spending the most on electricity of any capital city on the NEM, with a typical annual bill of $2,466 per year for two-person households.
Hobart households spend the most on electricity of all capital cities on the NEM, according to a new study by Energyse. The analysis also found that Hobart has the highest solar feed tariff rates, at an average of 10.9 cents per kWh, 72% higher than the average for the other capital cities on the NEM.
This analysis involved Energyse analysing 7,612 residential electricity plans on offer on the National Electricity Market (NEM) in Australia in April 2024. Factors such as daily supply charges, usage rates, solar feed-in tariffs, and disconnection fees were analysed.
City with highest spend: Households in Hobart spend the most on electricity (average of
$2,466 per year for a 2-person household), though this is due to their large consumption (67% greater than the average of the other capital cities on the NEM).
Most expensive capital city: Adelaide is the capital city with the most expensive electricity, with electricity costing 47.1 c/kWh for a typical 2-person household once daily usage charges are factored in.
Highest electricity rates: South Australia has the highest electricity rates on the NEM, at over 40 c/kWh for single-use rate plans. This is 49% higher than the average for the rest of the NEM.
Regional NSW (on the Essential Energy network) has the highest daily supply charges, at an average of 152 cents per day. This is 61% higher than the average for the rest of the NEM.
Highest solar feed in tariffs (capital city): Hobart is the capital city with the highest average solar feed in tariff rates, at 10.9 c/kWh.
Highest peak electricity rates: Adelaide is the capital city with the highest average peak electricity rates, at 47.3 c/kWh.
Highest solar feed in tariffs (region): Regional Queensland (excluding SEQ) has the highest average solar feed in tariff rates, at 13.4 c/kWh.
Lowest solar feed in tariffs (region): Victoria has the lowest average solar feed in tariffs on the NEM, at an average of 5.1 c/kWh and a maximum of 9.9 c/kWh.
Lowest off-peak electricity rates: Tasmania has the lowest off-peak electricity rates, at just 15.8 c/kWh.
Highest disconnection fees: Canberra is the capital city with the highest average disconnection fees, at $43.84.
“While Hobart households spend the most on electricity of any capital city on the NEM, this isn’t the result of high electricity prices. In fact, Hobart has some of the lowest electricity prices and the highest solar feed tariff rates. The large expenditure is due to high electricity consumption. Despite consuming 67% more electricity, people in Hobart pay just 4% more per year than those in Adelaide,” Energyse founder Louis Fredheim said.
Public Spectrum is the first knowledge-sharing platform in Australia to embrace the entire public sector. This website is a platform where you can connect, collaborate, empower, inspire, and upskill with public sector professionals.
Today’s Pick
11th Annual Aus Goverment Data Summit
April 1, 2025
7th Annual NZ Government Data Summit
May 7, 2025
3rd Public Sector Comms Week
May 14, 2025
Subscribe
We send emails,
but we do not spam
Join our mailing list to be on the front lines of healthcare , get exclusive content, and promos.
AI appointment Australia Australian boost boosts business businesses covid-19 cyber cyber attack cyber security cybersecurity data data breach data management defence Digital Education employment enhance enhances Featured Leader fraud funding government grants Healthcare infrastructure Innovation Lockdown new zealand NSW NZ online Procurement public Public Sector queensland renewable energy scams Social Media Technology telecommunications victoria
Last Viewed