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ABC News Daily
The pricing trap doubling some power bills
Apr 22, 2024
ABC energy reporter Dan Mercer discusses how Australians are facing higher power bills due to time of use tariffs, leading to a growing energy divide. The podcast explores the disconnect between falling wholesale prices and rising bills, the challenges of navigating tariffs, the impact of smart meters on costs, and the complexities of energy pricing plans in Australia.
14:21
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Quick takeaways
- Time of use tariffs are causing some Australians' power bills to double without a change in usage patterns.
- Complex energy pricing schemes, like time of use tariffs, highlight the need for clearer communication and support for consumers.
Deep dives
Impact of Time of Use Tariffs on Energy Bills
Despite the decrease in wholesale power prices over the past years, many Australians are facing higher energy bills due to being subjected to time of use tariffs, resulting in financial stress for households. For instance, Angela Hyde from South Australia saw a significant increase in her bill because of using power during peak times, which she was unaware of until she received the bill.
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