What Is The Average Electricity Bill in NSW

What Is The Average Electricity Bill in NSW?

The typical power bills shown below were obtained from a survey of over 4,100 households by Canstar Blue in December 2023. Households of all sizes are included in the expenses shown, which should only be used as a general reference.

Electricity Usage Costs (per kWh) in NSW

Many family budgets go toward energy, a continuing expense that many of us unhappily pay every quarter or so. However, what is the cost of power in NSW per kilowatt hour (kWh)?

Residential users in NSW should anticipate paying around 34 cents per kWh at the time of publishing; however, lower energy usage rates could become available. Although these expenses relate to the cost of using electricity, electricity use charges only comprise a portion of energy bills.

Electricity Supply Costs in NSW

These expenses, sometimes called daily supply fees or power supply charges, are what consumers must pay to stay connected to the grid. Energy retailers charge consumers for providing electricity to their properties and paying houses for power usage; these fees are often assessed daily (in cents per day). Although supply prices might vary greatly, in NSW, one should budget between 90 cents and $1 per day.

What Are The Electricity Rates in NSW?

These are New South Wales clients' daily supply and general consumption rates. The residential users on the Ausgrid network who reside in Sydney are the basis for these power pricing. For single-rate tariffs only, we provide the rates of the lowest publicized offer from each merchant accessible in our database.

Energy retailers are now negotiating a choppy wholesale market. Some of the following may have stopped accepting new members into their market offer programs. As more information becomes available, we'll try to maintain this table and the material on this page as current as possible. Please get in touch with the providers directly to verify availability and plan details.

What Are The Electricity Pricing Tariffs?

You won't need to purchase as much electricity from your company once you install rooftop solar to produce your energy. Since most solar-powered houses remain linked to the grid and require the purchase of electricity, the price plan for electricity is crucial. Different tariffs are also offered by power plans for electricity that is exported to the grid.

Types of Electricity Pricing Tariff

Your pricing plan or tariff determines the variable charges on your account and how they are computed.

Flat Rate or Single Rate Tariff: Regardless of when you consume the power from the grid, you pay the same amount under a flat rate or single rate tariff. In c/kWh, the rate is expressed. For instance, you would pay $6.00 if you consumed 20 kWh of power daily at 30 c/kWh.

Block Tariff: A block tariff and a flat rate tariff are comparable. However, the charges for a block tariff vary based on how much power you consume daily or every billing cycle. For instance, there may be two rates: one for the first 10 kWh consumed daily and another for any additional energy utilized. These are more typical among corporate clients.

Time of Use Tariff: Under a time of use tariff, the energy cost is determined by the time of day, with peak periods charging more (in cents per kWh) and off-peak periods charging less. A shoulder period with a rate between the peak and off-peak rates is another feature of several time-of-use programs.

Tariff On-Demand Fee: A demand charge is tacked on to a time-of-use or flat tariff in specific pricing schemes. For instance, your demand price while using many appliances at once is based on peak demand or the most significant quantity of power drawn from the system at any one time.

Feed-in Tariffs: A feed-in tariff is a feature of many power programs for homes and small businesses, many of which have the word "solar" in their names. You will get paid for this exported power as a credit on your account if your electricity plan has a feed-in tariff.

Variable Feed-in Rates: Certain retailers provide variable feed-in prices based on usage time in certain regions. Generally, feed-in tariffs have a single rate (c/kWh) for exported power. Feed-in tariff rates vary depending on the time of day; they are often higher in the evening and lower in the middle of the day.

If you have a battery, these can repay you by exporting power at night. Block feed-in tariffs are contingent on the amount of power exported. For instance, a feed-in tariff of 5c/kWh for exports over 5kWh and 10c/kWh for the first 5kWh exported each day.

What Are The Electricity Plans in NSW? 

The expert technique used to select the best value plans evaluates a wide range of aspects of the provider and the plan in issue, including the provider's pricing, features, customer service, and billing records. As a consequence, a Value Score of 10 is assigned to each strategy.

Overall Best Value Plan, OVO Energy [The One Plan]

This is OVO Energy's NSW plan, which appears in our database. These rates may differ depending on your situation, based on the Ausgrid electricity network in Sydney. For this comparison, a home user with a single rate tariff is assumed to use 3911 kWh of energy annually. For a localised comparison, do utilise our comparison tool.

• Value score: 5
• Competitive rates
• Monthly billing options
• $150welcome credit.

Best Value Fixed Rate Plan, EnergyAustralia [Rate Fix Plan]

The EnergyAustralia plan for NSW is included in our database. These prices may differ based on your situation and the Ausgrid network in Sydney. For this comparison, a home user with a single rate tariff is assumed to use 3911 kWh of energy annually. For a localized comparison, kindly utilize our comparison tool.

• Value score: 0
• Energy rates that are locked in for 12 months
• Guaranteed discount
• $100sign-up credit.

Best Value Variable Rate Plan, OVO Energy [The One Plan]

Our database contains OVO Energy's plan for NSW. These costs are based on the Ausgrid energy network in Sydney, but prices may vary depending on your circumstances. This comparison assumes a residential customer's general energy usage of 3911kWh/year on a single rate tariff. Please use our comparison tool to make a specific comparison in your area.

• Value score: 5
• Competitive rates
• Monthly billing options
• $150welcome credit.

Best Value Plan with Extras, Kogan Energy [Kogan Energy With Free First]

This is OVO Energy's NSW plan, which appears in our database. These rates may differ depending on your situation, based on the Ausgrid electricity network in Sydney. For this comparison, a home user with a single rate tariff is assumed to use 3911 kWh of energy annually. For a localized comparison, kindly utilize our comparison tool.

• Value score: 9
• Free 12-month Kogan First membership
• Monthly billing
• Noexit fees.

Best Value Plan with No Discount Conditions, Dodo [Market Offer]

This is Dodo's NSW plan from our database. These rates may differ depending on your situation, based on the Ausgrid electricity network in Sydney. For this comparison, a home user with a single rate tariff is assumed to use 3911 kWh of energy annually. For a localized comparison, kindly utilize our comparison tool.

• Value score: 2
• Competitive rates
• No exit or paper billing fees
• GreenPower available

Best Value AGL Plan [Value Saver]

This is AGL's NSW plan, as it appears in our database. This product is offered by a partner for referrals. These prices may differ based on your situation and the Ausgrid network in Sydney. For this comparison, a home user with a single rate tariff is assumed to use 3911 kWh of energy annually. For a localized comparison, kindly utilize our comparison tool.

• Value score: 6
• A $200welcome credit
• No exit or paper billing fees
• GreenPower add-on options available

What Factors Affect The Average Electric Bill in NSW?

Knowing the average electricity bill in NSW is useful, but it's also critical to be aware of the variables that might be raising individual rates. Among them are:

1. Household Size

This rise is mainly brought about by increased usage of electronics, lighting, heating, and cooling systems, increasing energy consumption. More prominent families often need more space, which raises the expense of heating and cooling bigger spaces and increases the use of appliances and devices, all of which add to the total energy bill.

Seasonal changes in Australia significantly impact how much home energy costs. The summer heat causes a rise in energy use as air conditioners run longer hours, while the winter months bring a spike in gas use due to heating demands. These patterns, which shift as the days get longer in the summer and shorter in the winter, represent how people react to the weather and the rhythm of everyday life.

1. The Energy Plan and Supplier

Energy suppliers, also called electricity retailers, choose their own electricity and plan rates. Some provide more significant discounts or lower rates than others for the same electrical source, which may affect the yearly cost. Remember that suppliers may charge different amounts for daily supplies and power use.

1. Usage of Electricity

Although it may seem apparent, a household's total power costs can be influenced by the quantity of electricity used. The composition of various houses, including the number of occupants and the kinds and frequency of appliances, may cause this. For ideas on how to save power, consult our guide.

1. Tariffs

Several factors, including the energy distributor, the kind of installed meter, and the property's wiring, determine a household's cost for the energy it consumes. A time-of-use tariff, for instance, may have a different effect on your bill than a single-rate tariff.

Regardless of when you consume the power, a single rate tariff costs you a single amount. Meanwhile, a time-of-use tariff bases its costs on peak and off-peak hours, charging you various sums at different times of the day and night.

1. Appliances

Compared to households with higher operating expenses, those with energy-efficient appliances may have more considerable bill savings. Additionally, remember that variables outside their control may impact a household's power bills. Among them are:

• Electricity production costs
• Electricity transport/transmission costs
• Network and metering fees
• Retailer admin fees

How to Lower Your Electric Bills in NSW?

Using doable tactics to cut energy use and maximize efficiency will help you save money on your power costs in NSW. You may save money by adopting energy-saving behaviours and wise decisions about appliances and home systems.

Compare Gas and Electricity Tariff Plans: To ensure you're receiving the best bargain, comparing electricity suppliers annually is a good idea since they frequently change their rates and discounts. After some time, you can save money by moving to a different provider. Compare energy costs from the leading energy suppliers in Sydney and NSW, such as AGL, Origin Energy, Momentum Energy, and more, by visiting the Compare Electricity NSW websites.

Determine the Main Energy Usages: You may lower your total energy usage in your home by locating the energy hotspots. Certain energy hotspots are simple to recognize, such as lights left during the day or appliances always left on. Refrigerators, swimming pools, and other hard-to-detect ones like air leaks or drafts are examples of additional hotspots.

Use the Economy Option on Dishwashers: Many individuals need to be made aware that dishwashers include an economy option that lowers the cost of water heating. Examining the water-rating labels is a smart move when buying a dishwasher. Please select the highest-rated option, which will ultimately result in cost savings.

Reduce the Thermostat: Reducing the temperature of your hot water system is one of the simplest methods of saving money on gas. The Department of Energy claims that if you set your thermostat seven to ten degrees lower for eight hours a day, you may reduce your gas cost by up to ten per cent.

Invest in a Smart Docking Station Upgrade: Since the epidemic, employees who work from home have directly contributed to the increase in the price of power. If you are working from home, you utilize more gadgets than average.

However, you may lower your energy costs by implementing a few easy home improvements. To prevent your gadgets from squandering energy when in sleep mode, you can, for instance, upgrade your power board, use a bright power strip, or install a surge protector. To further save expenses, make sure to switch off appliances before going to bed.

Choose Solar Energy: Selecting a solar energy system offers major advantages including cost savings on electricity bills, environmental sustainability by lowering reliance on fossil fuels, energy independence, increased home value, low maintenance requirements, and access to possible government incentives.

Basically, it offers a clean, renewable energy source that can greatly lower your carbon footprint over time. If you want to try solar energy but with a limited budget, you can consider invest in a solar generator first. Here, we highly recommend Jackery Solar Generator, which combines Jackery Solar Panels with a Portable Power Station to make fully use of solar energy.

Jackery Solar Generators Explained

After knowing the average electricity bill in NSW, there are many ways to save electric bills. Installing a solar energy system in your home has several benefits. Jackery is a well-known producer in the solar sector, specialising in high-quality solar devices such as portable power stations, solar panels, and solar generators. Jackery Solar Generators save electricity costs by providing a dependable and continuous power source for home appliances. 

A Portable Power Station works to convert and store additional sunlight for later use efficiently. Having severalItsorts allows you to allow tous appliances simultaneously. Furthermore, a Portable Power Station provides several recharging possibilities, including wall outlets, carports, Jackery Solar Panels, and other electric generators.  

Jackery Solar Generator 2000 Plus

Are you looking to reduce your electricity bill in New South Wales? The Jackery Solar Generator 2000 Plus offers an innovative solution for off-grid living and home backup.

With a massive 2 kWh capacity that expands to 12 kWh, this solar-powered generator can meet all your energy needs for extended periods. Perfect for those looking to cut down on traditional electricity consumption, the Solar Generator 2000 Plus ensures uninterrupted power for essential home appliances, including refrigerators, lights, and more.

This powerhouse supports up to 5 add-on battery packs (sold separately), making it a versatile option for larger homes or extended off-grid stays. Whether enjoying outdoor activities or preparing for emergency power outages, the Explorer 2000 Plus covers you. The integrated LiFePO4 battery technology ensures a long-lasting, reliable energy source with up to 4000 cycles, and the ChargeShield technology provides 62 layers of protection to safeguard your devices.

Whisper-quiet and emission-free, this solar generator is the perfect way to generate clean, renewable energy without noise or environmental impact. It is ideal for your home or outdoor adventures. If you want to reduce your electric bill significantly, the Jackery Solar Generator 2000 Plus is an intelligent investment for sustainable living in NSW.

Jackery Solar Generator 1000 Pro

If you're looking for a more compact yet powerful solution to help lower your electricity bills in New South Wales, the Jackery Solar Generator 1000 Pro is a top contender. Offering a 1002Wh capacity with a 1000W output (2000W surge), this portable solar generator supports 99% of household devices, from refrigerators to laptops, ensuring you stay powered up during power outages or off-grid living.

Thanks to advanced MPPT technology, it charges faster and more efficiently. A full charge takes only 1.8 hours via an AC adapter or 9 hours with 2*SolarSaga 80W panels. It's an ideal choice for those looking for reliable and quick power on the go.

Regardless of weekly usage, the battery's maximum capacity will remain at 80% after a decade of utilisation. Exceptional battery standby exceeding 365 days at 80% capacity establishes an industry benchmark, rendering it optimal for emergency backup power.

With its quiet operation, minimal environmental impact, and eco-friendly packaging, the Jackery Solar Generator 1000 Pro is the perfect addition to your home or outdoor setup in NSW. Whether for camping, work, or emergency backup, this versatile unit will help you reduce your reliance on the grid and lower your electricity bill.  

Average Electricity Bill in NSW FAQs

The following are the frequently asked questions about the average electricity bill in NSW.

1. Why is NSW electricity so expensive?

Multiple factors influence the cost. According to a spokesman for the Australian Energy Regulator, power system events, higher network expenses, and extreme weather also affected electricity prices. The highest price that merchants can charge consumers on default contracts is known as the Default Market Offer (DMO), and the regulator determines it.

2. Who sets electricity prices in NSW?

In NSW, South Australia, and southeast Queensland, the DMO applies to customers who are either homeowners or small company owners. Every year, on July 1st, the DMO sets a price ceiling determined by the independent Australian Energy Regulator (AER).

3. What is the most expensive time to use electricity?

The cost of electricity is more significant during periods of high demand and cheaper during periods of low demand. Peak periods are often described as the hours between 4 and 9 PM; however, they may vary depending on the tariff and energy supplier.

Final Thoughts

Seasonality, home size, and power use are some of the factors that affect the average electricity bill in NSW. It would help if you comprehended energy programs, tariffs, and power prices to reduce electricity costs. Adopting these tactics helps homes and more significant initiatives in NSW to promote environmentally responsible behaviour and sustainable energy use.