Understanding the Comparison of Electricity and Gas Prices for Small Customers in Australia – October 2023
Each year, the Tasmanian Economic Regulator issues a report comparing electricity and gas prices available to small customers in Australia. The 2023 report, issued in October, provides a comprehensive analysis of retail electricity tariffs and gas tariffs across Australia. This article aims to delve into the recent release and shed some light on its findings. Overview of the Report The report, titled "Comparison of Electricity and Gas Prices Available to Small Customers in Australia – October 2023", is essentially an annual comparison of electricity and gas prices available to small customers in Tasmania and across mainland Australia. It is prepared by the Tasmanian Economic Regulator in line with section 10C of the Electricity Supply Industry Act 1995. The report considers both regulated "standing offer" tariffs and market offer contracts. Given…