Aurora welcomes Regulator’s decision on lower electricity prices

Published on
22 June 2020

Aurora Energy has today welcomed the Tasmanian Economic Regulator’s announcement that prices will decrease by 1.38 per cent for 2020-21.

The decision to lower standing offer electricity prices is much-needed relief for households and small businesses impacted by the COVID-19 pandemic.

CEO Rebecca Kardos said Aurora Energy, together with the Government and Regulator, had worked hard to deliver the best outcome for Tasmania.

“In challenging times, this is great news for Aurora’s residential and small business customers,” Mrs Kardos said.

While Tasmanian standing offer power prices are already among the cheapest in the country and the further reduction is a positive outcome, Mrs Kardos said Aurora understood some customers may require additional support.

“We know many Tasmanians are spending more time at home than ever before due to the impacts of COVID-19 and likely using more energy,” Mrs Kardos said.

“We encourage any customer who may be struggling to keep on top of their bill and are in need of support during this time to get in contact with us.”

The Regulator also announced a further sweetener for concession customers, who will receive the same annual electricity concession rate for at least another 12 months.

The Feed-in Tariff rate for customers with solar installations will be lowered to 8.471c/kWh due to the decrease in the wholesale electricity price for 2020-21.