New South Wales Energy Costs Set To Soar In Small Business Postcode Lottery

March 18, 2010 - PRLog -- In yet another blow to businesses and homeowners, the New South Wales energy regulator has confirmed the impact that the cost increases in the distribution and management of the energy networks and importantly the governments’ CPRS will have on energy consumer’s bills.

Within New South Wales, homeowners and businesses are likely to see price increases of anywhere from 46% up to 64% depending on where they live and their current supplier over the next 3 years.  The governments’ CPRS is likely to contribute 40% to 56% to these total cost increases.

By 2013 a typical business customer could see rises of over $3,000 – customers can expect the following increases:

•   EnergyAustralia $2421 (60%)
•   Integral Energy $1660 (46%)
•   Country Energy $3070 (64%)

Tim Wolfenden, CEO of Make It Cheaper, Australia’s first dedicated price comparison and switching service for businesses comments:   “This price rise is a pure ‘Postcode Lottery’ for small businesses.  By 2013, the same type of business consuming the same amount of energy in the same state could see a whopping $2600 difference in the cost of the electricity they use, purely depending on the Postcode they run their business in.”

“Whilst a low user could see a $2600 difference, a slightly larger energy user could see the difference in their energy costs creep to well over $5000, with total energy bills in excess of $10,000.”

“Now more than ever, it’s essential for business owners to take ownership of their energy bills and look to switch to a cheaper energy retailer – at the same time, we recommend that a business looks to implement cost saving measures to reduce their energy usage.”
Make It Cheaper is helping Australian businesses make their electricity and gas bills cheaper, by offering a free and independent comparison and switching service.



FOR MORE INFORMATION
Go to: http://www.MakeItCheaper.com.au
Contact: Tim Wolfenden, Make It Cheaper on 0430 641 786 or timwolfenden@makeitcheaper.com.au
Notes to Editors:
1.   IPART  Review of regulated retail tariffs and charges for electricity http://www.ipart.nsw.gov.au/files/Final%20Report%20-%20Re...
2.   The Daily Telegraph: http://www.dailytelegraph.com.au/money/money-matters/nsw-...   
ABOUT MAKEITCHEAPER.COM.AU
Make It Cheaper is Australia’s first dedicated business price comparison service.  Make It Cheaper is helping Australian businesses make their electricity and gas bills cheaper, by offering a free and independent comparison and switching service.

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Make It Cheaper is Australia’s first dedicated business price comparison service. Make It Cheaper is here to make an Australian business owner’s electricity and gas bills cheaper, by offering a free and independent comparison and switching service.