October 2011


See DM: 9457337 & 9457417


Deloitte performed a preliminary study into the potential impacts of new pricing arrangements - what’s known as ‘flexible’ pricing or ‘time-of-use’.

The study revealed that many Victorians stand to benefit from these new pricing structures; in particular showing that vulnerable groups (eg. single parent families and the elderly) have almost the same potential to benefit as the average electricity customer.

The study found that with the introduction of new flexible rates, electricity costs across a number of customer groups (including vulnerable groups and small businesses) will change.

Through Deloitte’s modelling it is estimated that the average change to consumer bills will range from a reduction of 4% to an increase of 2% - assuming customers do not change their pattern of energy consumption. It also found that if customers changed their energy consumption in response to flexible pricing, all customer groups could benefit.