‘Around seven per cent of households and 16 per cent of small businesses are on the Victorian Default Offer. On average, annual bills for households on the default electricity offer will increase by $61 (or around five per cent), with a rise of around $270 for small business customers (also around five per cent). ’
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients.
Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.
Historically most of our posts have been based on observations about the wholesale market. More recently we have also begun to have a look at retail prices, more directly. Here’s some articles on the topic.
The recent demise of start-up retailer, Urth Energy (suspended from the market by the AEMO on 1st February) was an unfortunate development on this path of the energy transition.
Prompted by a tweet from Dylan McConnell, here’s a trended look at price and volume for baseload ASX Energy futures contracts for Q3 2022 (and the picture’s not pretty).
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