With the introduction of the Carbon Tax looming just around the corner, many people are asking how the tax will impact their electricity bills. “Go up” is a correct yet very general answer, however the more useful answer lies within the Terms and Conditions of your electricity contract. As of July 1, 2012 the Carbon Tax will introduce the cost of carbon emissions at $23 per tonne. This price will index each year until the introduction of an emissions trading scheme (ETS) in 2015. It has only been within the last couple of weeks that Retailers have been finalising their methodologies for passing through these increased costs. As a result, we have been very busy interpreting these methodologies in order to understand what this means to your bottom line and explain these changes to you.
If you are unsure of the impact of the Carbon Tax or would like assistance in reducing your electricity costs, feel free to contact us for more detailed advice.