There are 2 main types of customers in the Electricity Market.
These are Non-Market Customers (on Tariff) and Market Customers. Customers are also classified as small or large.
What are the differences and where do you fit in?
As a customer you are categorised by the amount of electricity you use. Each electricity bill has a NMI (National Metering Identifier) which identifies your electricity meter separately to all other meters. Below is a brief explanation of each customer. If your electricity usage is above the usage for your customer type below, it may be viable for you to negotiate a market contract with a retailer, become a market customer and achieve significant savings.
Market Customer
A market customer is a large customer that has entered into a market contract with a retailer. A large customer uses more than 100 MWh (100,00 KWh) per annum in QLD or 160 MWh in NSW or VIC.
As a market customer, once you leave the non-market regulated tariff you cannot go back to it. The only exception is where the supply point for the premises has been abolished, demolished or destroyed for more than 12 months.
Once you enter into the contestable market as a market customer, you need to re-negotiate your contracts prior to the end date of your contract.
You have to take into consideration the negotiated rate with the market plus all other charges including network charges.
(Should you receive a negotiated contract ensure you receive full disclosure on all items of your contract incuding any brokering or commissions on either the energy rates or the metering charges)
There are many factors that will determine if you will save by going off tariffs, mainly your Peak and Off Peak energy splits, KW demand and network charges in your area.
It very important point to note, it is not as simple as looking at your bills and multiplying your daily KWh usage by 365 days to work out a total usage per annum. Even if your figures are over the usage amount listed it does not mean you will save money by becoming a market customer. Always seek advice from an expert who understands the electricity market and knows how to calculate these figures correctly.
Non-Market Customer (on a tariff)
Non-market customers may be either small or large.
A small non-market customer is a residential or small business customer with electricity usage less than 100 MWh per annum (100,000 KWh) in QLD or less than 160 MWh (160,000 KWh) in NSW/VIC.These customers may access the gazetted electricity tariffs.
A large non-market customer is one who uses more than 100 MWh of electricity per annum. Up until now, these customers have also been able to access the
gazetted electricity tariffs.
This may change.
These are Non-Market Customers (on Tariff) and Market Customers. Customers are also classified as small or large.
What are the differences and where do you fit in?
As a customer you are categorised by the amount of electricity you use. Each electricity bill has a NMI (National Metering Identifier) which identifies your electricity meter separately to all other meters. Below is a brief explanation of each customer. If your electricity usage is above the usage for your customer type below, it may be viable for you to negotiate a market contract with a retailer, become a market customer and achieve significant savings.
Market Customer
A market customer is a large customer that has entered into a market contract with a retailer. A large customer uses more than 100 MWh (100,00 KWh) per annum in QLD or 160 MWh in NSW or VIC.
As a market customer, once you leave the non-market regulated tariff you cannot go back to it. The only exception is where the supply point for the premises has been abolished, demolished or destroyed for more than 12 months.
Once you enter into the contestable market as a market customer, you need to re-negotiate your contracts prior to the end date of your contract.
You have to take into consideration the negotiated rate with the market plus all other charges including network charges.
(Should you receive a negotiated contract ensure you receive full disclosure on all items of your contract incuding any brokering or commissions on either the energy rates or the metering charges)
There are many factors that will determine if you will save by going off tariffs, mainly your Peak and Off Peak energy splits, KW demand and network charges in your area.
It very important point to note, it is not as simple as looking at your bills and multiplying your daily KWh usage by 365 days to work out a total usage per annum. Even if your figures are over the usage amount listed it does not mean you will save money by becoming a market customer. Always seek advice from an expert who understands the electricity market and knows how to calculate these figures correctly.
Non-Market Customer (on a tariff)
Non-market customers may be either small or large.
A small non-market customer is a residential or small business customer with electricity usage less than 100 MWh per annum (100,000 KWh) in QLD or less than 160 MWh (160,000 KWh) in NSW/VIC.These customers may access the gazetted electricity tariffs.
A large non-market customer is one who uses more than 100 MWh of electricity per annum. Up until now, these customers have also been able to access the
gazetted electricity tariffs.
This may change.
Recognising Energy ChampionsEnergy Champions is a program that recognises people who are trained to implement measures to reduce energy costs in the home and workplace.
For more information visit www.energychampions.com.au |