Skip to content Skip to main navigation

Lifestyle

Part of the Canberra community
for over 30 years

Save Money On Electricity

By Mathman - 16 December 2007 14

Whilst reviewing some of the bills I receive recently, I happened to look at ACTEW’s tariffs for electricity supply. It turns out that ACTEW actually offer three different plans for electricity supply. Looking at the details you would have a hard time working out which was the cheapest for your situation as there is a trade off between a higher daily supply charge and a lower charge per kilowatt hour.

Not being one to be put off by a few linear equations, I’ve worked out the best value options.

  • If you use less than 13.3kWh per day then the Always Home@ActewAGL plan is best value
  • If you use between 13.3kWh and 31.5kWh per day then the Always Home@ActewAGL Saver plan is the best value
  • If you use greater than 31.5kWh per day then the Always Home@ActewAGL Saver Plus plan is the best value

Interestingly, the more power you use, the cheaper it gets.

The savings from having the best plan are considerable. For my last bill I used 3336kWh over 103 days (average 32kWh per day). On the standard plan it cost me $494.33. It would have cost $460.79 on the Saver plan and only $456.98 on the Saver Plus plan (a $37.35 saving).

Now I hear about the ‘bundle five services and we’ll give you 10%’ discount offer quite frequently but I’ve never heard that there were other plans available. Anyone who uses more than a minimal amount of electricity and is on the standard plan (most of Canberra I would expect) is paying too much.

To change plans give ActewAGL Customer Services a call on 13 14 93.

The other interesting thing about the tariffs is that if you have a solar generation system, ACTEW will generously buy the power from you at 7.4 cents per kWh but then sells it as GreenChoice power at up to 18.3 cents per kWh.

What’s Your opinion?


Post a comment
Please login to post your comments, or connect with
14 Responses to
Save Money On Electricity
ummmm_no 12:03 am 13 Aug 12

switch said :

ummmm_no said :

Looks like we should be on the first saver plan.

That was how it panned out for us, too. I’d imagine that quite a few households on the default option are paying more than they need to, even without GreenChoice.

patrick_keogh 4:52 pm 12 Aug 12

CanberraBred said :

This is an awesome thread, thank you to those who took the time to work this out! Very helpful.

Even for awesome is that there is a web site specifically intended for you to plug in your usage numbers and compare all of the tariffs, not just ActewAGL but their competitor Tru Energy as well!

http://www.energymadeeasy.gov.au

Your taxes at work!

CanberraBred 3:33 pm 12 Aug 12

This is an awesome thread, thank you to those who took the time to work this out! Very helpful.

switch 1:35 pm 12 Aug 12

ummmm_no said :

switch said :

And given that the saver plans don’t cut in below usage at 60kWh per day, they’re way out of my interest now.

That *doesn’t* mean you have to be using 60kWh per day to save money.

Whoops, yes you’re right. And I just programmed it up myself to check and your thresholds are correct. Looks like we should be on the first saver plan.

ummmm_no 12:43 pm 12 Aug 12

switch said :

And given that the saver plans don’t cut in below usage at 60kWh per day, they’re way out of my interest now.

That *doesn’t* mean you have to be using 60kWh per day to save money.

At half of that (30kWh per day) it comes to:

$6.57 per day on the Always Home
$6.30 per day on the Always Home Saver
$6.28 per day on the Always Home Saver Plus

switch 12:17 pm 12 Aug 12

And given that the saver plans don’t cut in below usage at 60kWh per day, they’re way out of my interest now.

switch 11:14 am 12 Aug 12
switch 11:13 am 12 Aug 12

Are the plans still available somewhere? The link to “three different plans” no longer works.

helium 10:40 am 12 Aug 12

Another clever way to save money is to use less power.

This may sound obvious but I would suspect many people do not bother.

a) Get a spreadsheet or list to record devices and consumption.
b) Use a $19 Jaycar (or other) energy meter to measure each appliance in the house. This may mean leaving the meter connected for a week to some appliances (fridge/freezer) or just for one use (washing machine)
c) You may have to guess/estimate some appliances (dishwasher/fan for ducted gas/hot water etc)
d) Extrapolate use for R/C A/C, by how Kw much to run times how many hours you think you will use.

Add up the all the items to get annual cost (Kw/h) and target those that are the highest, then:
– install auto timers to suit needs (for devices that done need 24×7)
– install switches for Audio/Visual/Computer (simple or fancy IR controlled)
– disconnect anything that you dont always need connected (chargers)
– ditch any power hungry devices, or plan replacement
– adjust temperature/schedule on heating/cooling, hot water to more closely match needs

Monitor a few bill cycles to prove reduction, then enjoy ongoing power savings

ummmm_no 10:35 am 12 Aug 12

Quite easy to *save* $20-$30 a quarter by being on the right plan. The default option is not necessarily the best.

ummmm_no 10:32 am 12 Aug 12

The prices have obviously changed since 2007. My calculations based on the GST-inclusive price without the direct debt discount indicate that the thresholds are now 13.8kWh per day and 29.2kWh per day. So to update what the OP said:

– If you use less than 13.8kWh per day then the Always Home@ActewAGL plan is best value
– If you use between 13.8kWh and 29.2kWh per day then the Always Home@ActewAGL Saver plan is the best value
– If you use greater than 29.2kWh per day then the Always Home@ActewAGL Saver Plus plan is the best value

Quite easy to spend $20-$30 a quarter by being on the right plan. The default option is not necessarily the best.

patrick_keogh 9:49 am 12 Aug 12

Mathman I don’t understand your last comment about solar generation. There are two schemes.

The default is Solar buyback http://www.actewagl.com.au/Product-and-services/Offers-and-prices/Prices/Residential/ACT/Feed-in-schemes/ActewAGL-Solar-buyback-scheme.aspx
In this scheme your electricity consumption/production is netted out over the billing period and you just pay or are paid the difference, at your tariff rate.

The second scheme is a gross feed-in tariff http://www.actewagl.com.au/Product-and-services/Offers-and-prices/Prices/Residential/ACT/Feed-in-schemes/ACT-feed-in-scheme.aspx where I get paid 50.05 cents per kWh. This is clearly higher than the highest per kWh charge, which is currently around 20 cents. As a consequence of this difference I have not had an electricity bill for a couple of years.

Anyway that is my reading of it, perhaps you know something I don’t 🙂

patrick_keogh 9:38 am 12 Aug 12
Pedrose 9:14 am 12 Aug 12

Thanks for posting that mathman. Very interesting. I have been wanting to work this out but simply do not have the mental fortitude required.

Related Articles

CBR Tweets

Sign up to our newsletter

Top
Copyright © 2017 Riot ACT Holdings Pty Ltd. All rights reserved.
www.the-riotact.com | www.b2bmagazine.com.au | www.thisiscanberra.com

Search across the site