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Yes. The independent Tasmanian Economic Regulator announced an 11.88% rise in prices by from 1 July 2022. Our prices only change once per year, so you can be assured there will be no nasty surprises.
Customers’ bills made up of a number of things but the biggest drivers are network and wholesale costs.
Network costs include maintaining poles and wires.
Wholesale energy rates are what retailers pay for electricity to supply customers with.
Some retailers have announced price increases of up to 100%. Although our price rise was not as much as some, we do understand that any price increase can have a significant impact on household budgets, and we have payment support available.