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AGL Set To Hike Electricity Bill Prices By 12%

The state’s largest energy retailer, AGL, have announced they will be forcing South Aussies to pay an average of $228 more per year for their electricity bill.

The 12 per cent price increase kicks in next month and will impact more than half of SA households.

AGL said the price rise was “mainly driven by the cost and availability of coal and gas supply for electricity generation as well as the changing mix of generation output’’.

However many community groups have dismissed this explanation as yet another example of corporate greed.

State Treasurer Tom Koutsantonis, himself an AGL customer, also urged customers to shop around.

He told The Advertiser the price rise was unjustified and “a dramatic increase for South Australian families’’.

The company will also start slugging users for over-the-counter payments and the issuing of paper bills from October 2016.

AGL’S FULL STATEMENT:

Electricity prices will be changing for AGL’s South Australian customers from 1 July 2016. An average household using 5.02 MWh per year will see an average increase of $4.40 per week (including GST) but this varies substantially depending on a customer’s tariff type, their usage, and their existing energy plan. We encourage customers to visit our website (from 17 June) to see how the change will impact them individually.

The increase has been partly offset by the decrease in network costs, but is mainly driven by the cost and availability of coal and gas supply for electricity generation as well as the changing mix of generation output.

New fees for over-the-counter payments and the issuing of paper bills from will be introduced from 1 October 2016. Exemptions apply for a range of customers including those on our Staying Connected hardship program or who have a registered concession card.

SA is a very competitive market and AGL has a range of competitive offers in the market. We are committed to keeping energy prices competitive and we encourage customers to shop around.

For more information on some of the factors that may influence energy rates, visit agl.com.au/EnergyRates.

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