Currently, Energex offers a range of network tariff options, and they primarily consist of fixed and variable components. They also offer several demand-based network tariffs. What they are proposing with the new tariff structure is to progressively migrate customers to more ‘cost-reflective’ network tariffs.
We won’t go into it all here (we’ll do that another time), but if you want to see the new network tariff options for each customer segment, they appear on page 10 of the Tariff Structure Statement Overview. The customer segments are named: New Residential Network Tariffs; New Business Network Tariffs; Connection Asset Customer (CAC) Network Tariffs; and Individually Calculated Customer (ICC) Network Tariffs.
In order to understand the tariff structure, there are some terms you’ll need to understand first: Basic, Demand, Capacity, Control Load, Primary Tariff, and Secondary Tariff. To start you off, we’ll define Residential Basic and Business Basic network tariffs:
Residential Basic is a daily fixed charge and inclining block energy charge per kWh, with blocks increasing in 10,000 kWh per annum increments applying to all consumption.
Business Basic is a daily fixed charge and inclining block energy charge per kWh, with blocks increasing in 20,000 kWh per annum increments applying to all consumption.
Got it? We’ll explain some more terms next time.