Electricity users in New South Wales are facing yet another price increase. The Independent Pricing and Regulatory Tribunal (IPART) says electricity prices for the average NSW resident will increase by 17.6 per cent by July.
This will come as very distressing news for many households who are already struggling to pay huge power bills.
The article quotes NSW Premier Barry O'Farrell telling of a family struggling with a $1400 power bill for a four-bedroom home. Assuming this is a quarterly bill and that they are being billed at $0.20 per kilowatt hour this equates to approximately 75 kilowatt hours per day - an outrageously high consumption of power.
There is no reason why a four-bedroom house should receive a $1400 power bill - there must be some serious wastage going on here, which if identified could enable the family to make huge savings. We have monitored large, inefficient houses in Perth who are operating pool pumps etc and are using around 50 kilowatt hours per day.
With some common sense and an EnviR home energy monitor a family with a bill as high as this should be able to reduce their usage down to at least 50 kilowatt hours per day. They could potentially cut their power bill by around one third which roughly equates to a saving of $1800 per year.
We can't control the price of electricity, unfortunately, but we can certainly control how much of it we are consuming.
To read the full article click here: http://www.abc.net.au/news/stories/2011/04/14/3191670.htm?section=justin
For more information on the EnviR home energy monitor visit www.smartnow.com.au.