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