Depending on where you live in Queensland, Ergon Energy may be the only energy provider in your area. You should check if there are other energy retailers offering services in your area and compare Ergon Energy’s plans with theirs before signing a contract.
However, Ergon Energy electricity rates are set by the Queensland Competition Authority. These prices are determined every year based on the prices offered by providers in deregulated southeast Queensland. For instance, the price determination for 2021-2022 suggests that households in regional Queensland can expect to pay as much as 8.6 per cent less for electricity compared to 2020-2021.
Keep in mind that your household’s electricity needs are probably unique and choose an electricity tariff or usage charge that best suits your household electricity consumption. Once you know what you’re after, you can check if Ergon Energy plans are available in your area and sign up for a connection if it’s right for you. Typically, you can choose a plan offering either a primary tariff or an economy tariff, also called a secondary tariff. Some of the primary tariffs include:
- General Supply Tariff: Also called Tariff 11, customers choosing this price are charged the same fixed rate irrespective of the appliances they use or the amount of electricity they consume. It’s a common choice for most households in regional Queensland.
- Time of Use Tariff: Ergon Energy offers two time-of-use tariffs, which are labelled Tariff 12A and Tariff 12B. Under Tariff 12A, peak rates are applicable during the summer months from December to February, with 3:00 pm-9:30 pm daily being the peak hours. These rates can be significantly higher than the rates during the rest of the year, and people who can use less power during this period can save more on their energy bills.
Tariff 12B, on the other hand, doesn’t differentiate between the summer months and the rest of the year. Instead, customers are charged a peak rate for electricity used between 4:00 pm and 9:00 pm on any day of the week, a shoulder period rate for usage between 9:00 pm and 9:00 am, and an off-peak for the rest of the day. The shoulder rate is usually only slightly higher than the off-peak rate, while the peak rate is significantly higher.
- Demand Tariff: People who tend to use high-power appliances but aren’t sure of the time they may use their appliances might find demand tariffs a more comfortable choice. All they need to do is reduce their electricity usage during the peak demand period. If they can do so during the summer rather than other months, Tariff 14 may offer the best deal.
Tariffs 14A and 14B look at demand daily rather than on a seasonal basis, but Tariff 14A is meant for people newly opting for demand tariffs. Economy Tariff: You can choose to install a separate meter for some of your high-demand appliances such as water heaters, separate from the rest of the house, and pay a different rate for the electricity consumed. Ergon Energy offers two choices, Tariff 31 and Tariff 33, with the former meant for water heaters reheated only at night and the latter for longer hours of use.
Solar Feed-in Tariff: If you’ve installed solar photovoltaic panels on your property, you can receive a credit for the unused electricity you send back to the grid.
Usage charges are only one component of electricity prices, with supply charges the other part. When comparing Ergon Energy tariff rates, you should also look at the supply charge in addition to the usage charge. For instance, a Tariff 11 rate comprises usage charges of $0.23932 per kWh and a supply charge of $0.99744 per day. Besides the usage and supply charges, Ergon Energy retail contracts can include meter services charges.