Home' Snap Shot Magazine : April 2010 Contents NSW homeowners can expect to pay up to
64 per cent more over the next three years
for electricity after the pricing regulator
gave retailers the go-ahead to raise supply
costs and therefore prices to end-users.
Higher than the previous electricity rates
proposed in December 2009, the rise will send
the average electricity bill up by between
$577 and $918 per year by 2013. The price
rise is due to a large increase in the cost of
supplying electricity and the need to ensure
the state's future capacity can be funded.
The Independent Pricing and Regulatory
Tribunal (IPART) con rmed that Energy
Australia bills will rise by 60 per cent, adding
$754 to a typical household customer's energy
bill by 2013, while Integral Energy and Country
Energy Bills will rise by 46 per cent respectively
in the same period, adding $577 and $918 to
typical customers' bills.
Commenting on the price rise, Mr Romano
Bolzon, National Business Manager for
EcoSmart -- Australia's Largest locally owned
solar hot water company says that while price
hikes are very bad news for the household
budget, there are options for homeowners to
reduce their energy bills.
Mr Bolzon said, "With the announced
signi cant price rise in electricity bills, it's
timely for householders to consider the
energy e cient measures of a solar hot
water system which in e ect will help them
save more money in the long-run. The
rate rise announcement has begun to alert
homeowners of the opportunity to future-
proof their homes so that they are not hit hard
in the hip pocket when the energy bills soar
"There are still generous rebates around to
help with the up-front nancial investment
in environmental water heaters. As it stands
with Federal, State and Renewable Energy
Certi cate rebates in NSW, the homeowner
is entitled to a total of nearly $3,000 o the
upfront cost of switching to a solar water
heater, plus the pure ongoing savings
afterwards on their energy bills," he added.
Electric hot water systems account for 30 per
cent of a household's energy consumption,
and switching to an environmental water
heater like solar or heat pumps is the biggest
single thing that can be done in the home to
reduce energy bills.
"Homeowners are now starting to realise
the importance of investing in environmental
technologies. They have started to
understand that it is important for more
sensible energy use in the home, and that
environmental products like solar hot water
will o set some of these price rises by putting
more money back into their pockets," Mr
For further information on EcoSmart's
energy- e cient range of hot water
heaters please visit w ww.ecosmart.com.
au or call 133 326. n
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Email: firstname.lastname@example.org n
Homeowners make cents
of solar hot water following
increase in energy rates
snapshot magazine : snapshot.realviewtechnologies.com : april 2010 25
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