Our database may not cover all deals in your area. This is due to the fact that peak power prices can be up to four times more expensive than off-peak rates. See step-by-step guides on how to read your meter, understand your usage breakdown. Peak: 5pm to 9pm local time on all days during November through March. Please use our comparison tool for a specific comparison in your area. However, given the huge price difference and the fact that you may have trouble delaying much of your energy usage to off-peak hours you could be better off sticking with the certainty of a single rate tariff, whereby youll pay the same price for power at all times. Non Summer/Non Winter (1 Apr to 31 May & 1 Sep to 31 Oct): EnergyAustralia doesnt currently offer a time of use tariff to its Queensland customers. Energy Australia vs Origin: Find out who will save you more money. To calculate the average cost for a time of use tariff and a single rate tariff, we took the average usage rates and daily supply charges of the market plans from the following electricity brands: AGL, Origin, EnergyAustralia, Alinta, Kogan. Origin also offers a five-day time of use tariff or flexible pricing tariff which come with varying peak and off-peak times to those listed above. Acceptance by insurance companies is based on things like occupation, health and lifestyle. Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Please refer to our FSG - Financial Products. The above usage rate times are for residential customers on the Ausgrid distribution network. Furthermore, a block rate tariff could be suited to customers in NSW or households in Victoria on the AusNet distribution network who prefer to be charged for electricity via consumption blocks, while a controlled load tariff may be ideal for customers wanting to allocate separate metering for high-energy usage appliances, like hot water systems. Let's do our first calculation again, with 40% peak energy use and 60% off-peak (since there's no shoulder). Please use our comparison tool for a specific comparison in your area. Origin Energy is an integrated power company, generating and selling electricity and natural gas to households and businesses across Australia. Your decision will also be influenced by where you live, as time of use tariffs may not be offered by your distribution network and your electricity retailer. The above usage rate times are based on the two period-time of use Victorian Default Tariff for residential customers on the Citipower network. As always, check all details of any plan directly with the retailer before making a purchase decision. As you would expect, using power during peak times of day, rather than at off-peak times, will naturally result in higher costs and higher bills. Sponsored products may bedisplayed in a fixed position in a table,regardless ofthe product'srating, price or other attributes.
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