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Corporate

Consumer Discount FY21

As mentioned in section 6.8 of the FY21 Statement of Corporate Intent (SCI), the Company will endeavour to provide its Consumers with an annual discount (proposed and posted) which will be published before the commencement of the financial period in which it will be paid, in order to provide a cost effective electricity supply to its Consumers.

Energy traders distribute line discounts based upon consumer consumption levels, (grouped into bands). Consumer discounts are intended to achieve a number of commercial objectives, including ensuring net line prices remain competitive.

The following discounts will be paid in FY21:

($000’s)

FY19

FY20

FY21

Posted discounts

6,000

8,400

10,861

Proposed discounts

4,353

2,160

-

Total discounts

10,353

10,560

10,861

 

 

Click on the link to view the Tariffs for 2020/21

 

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