What makes up my electricity price?

Posted in Electricity Bill

Electricity Bill

While you only receive one energy bill each month or quarter, it takes more than just your power company to deliver electricity to your home. 

There’s a whole supply chain to make the raw materials of coal, gas, water, wind and sun into electricity to power your home, and everyone’s responsible for doing their bit.  As a result, there are a number of charges that go into the usage rate you see on your electricity bill that aren’t just your energy company’s.

 

Generation costs

Part of what you pay for on your power bill is the cost of generating the electricity you use, whether that be through coal-fired power, renewables or other generation.  This is also known as the wholesale cost of energy.

 

Transportation costs

Energy is transported to your house through the electricity poles and wires. These are maintained by the energy networks and their charges makes up another large chunk of your energy price. 

 

Your energy company’s profits 

While they don’t explicitly tell you, most power companies build their margin into your usage rate. This means the more energy they sell you, the more money they make. 

At DC Power Co, we know this doesn’t make sense for solar households. After all, you got solar panels so you could use less energy!

So our capped $11 (GST inc) DC Fee isn’t hidden in your usage rate, it’s called out on your bill. This means you see exactly where your dollar is going and know we have no vested interest in getting you to use more energy.

 

Join the company that supports solar households

DC Power Co is made for solar households, and we offer a suite of services to help our customers get more out of their solar system.

Our advanced solar performance service, called the DC Pro, is designed to support you to get the most out of your solar investment and help you reduce your power bills. For the first time, we’ll show you how much money your solar system is saving you, how much more you could save with it and how you compare to others.

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