As required by regulations applicable to embedded network providers, WINconnect only offers standing contracts. These standing offers are similar to energy providers’ contracts whose terms and conditions are regulated by either the Australian Energy Regulator (AER) or the Victorian Essential Services Commission (ESC). Accordingly, WINconnect’s electricity rates can’t exceed the standing offer cap determined by the AER or the ESC.
Customers buying electricity from WINconnect can choose between a single tariff or a time-of-use tariff, but they should confirm that the tariff is available in their postcode. For instance, in New South Wales and Victoria, both these tariffs are available to residential customers across all electricity distribution networks. However, in Queensland, only those customers living within the Energex distribution network can choose between these tariffs. Further, in South Australia, residential customers can only opt for a single tariff.
If you choose a single tariff, you’ll be paying the same electricity usage charge no matter what time of the day you use the electricity. A time-of-use tariff allows you to save on electricity costs if you can limit the amount of electricity you use during the peak demand hours. You should remember that each of these tariffs can vary based on the distribution network covering your area.
Further, you will also have to pay a fixed supply charge, which is the cost of distributing the electricity passed on by WINconnect. You may also have to pay additional charges or fees if you need copies of your electricity bill sent to you by post or if you request a special meter reading.